Crypto news 2018/11/04 Coinbase will support BCH hard fork

1. Coinbase will support BCH hard fork

Coinbase issued a statement to its investors to disclose its support for the original BCH roadmap. In the next two weeks, Coinbase will take appropriate measures to test the network and support BCH hard forks.

We will pause sends and receives on the BCH wallets at Coinbase.com, in our iOS and Android apps, and at Coinbase Pro and Prime beginning at 8:00AM PST on 11/15/2018 (approximately 1 hour before the fork). Please be sure all BCH sends and receives are completed prior to that time. During the pause, your BCH will remain safely at Coinbase.

Also according to Coinmarketcap, BCH price has increased by about 12% in the past 24 hours before the fork.

2. Lennard Neo Picolo Research: XRP should be worth $1.75

According to Lennard Neo Picolo Research's XRP study, the value of XRP should be worth $1.75. According to the report, Ripple's services have proven to be faster and more efficient than other services such as Swift or PayPal. For example, Ripple's settlement time takes a few seconds, but the Swift system takes hours or even days. The cost is also a key factor in comparing the two networks. Ripple's cost is close to 0.0004 cents, while SWIFT's transaction price is always higher than $2.50. But SWIFT has more than 11,000 financial companies working on its platform, and Ripple currently has more than 100 companies using its services, so Ripple will have to increase the number of organizations using its systems. At the same time, because Ripple has 60% of the total tokens, the centralization of XRP makes it controversial about the XRP classification. The uncertainty also makes Ripple passive in the litigation of the current lawsuit. If XRP continues to expand in the financial industry, it will continue to be one of the most important digital currencies on the market.