Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...
Read More »#935 XRP Rally, HEX 115x Werbung in England & Crypto Fear and Greed Index
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 935. Heute sprechen wir über folgende Themen: Ripple Kurs Prognose Anfang einer größeren Rallye, HEX 11500% Werbung in England & Crypto Fear and Greed Index. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – HODLer aufgepasst – Wie wäre es mit bis zu 4,03% auf deine BTC jährlich und 20 Euro Willkommenbonus? Das bietet dir dein persönliches Bitwala Bitcoin Ertragskonto. Jetzt kostenlos anmelden...
Read More »Bitcoin Challenges $11K As Altcoins Seek Recovery
After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC.Bitcoin At $11,000The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for some, but BTC reclaimed successfully, firstly $10,000, then the significant $10,500 resistance.Bitcoin also attempted to conquer $11,000 on a...
Read More »Altcoins Are Falling, Giving BTC More Room to Grow
The big news today is that bitcoin is just shy of hitting the $11,000 mark, but now that the world’s number cryptocurrency by market cap is on a fresh high, many altcoins are beginning to retrace their steps and fall to lower numbers.Altcoins Are Hitting Fresh Lows as BTC RisesAt the time of writing, several of the crypto space’s leading altcoins are up against the U.S. dollar, but down when compared with bitcoin. Ripple (XRP), for example, is the world’s third-largest cryptocurrency by...
Read More »Grayscale AUM Surge $500M In A Week, Bitcoin Shares in the Lead
Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week. Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday. Grayscale Crypto Fund AUM at $4.8B Tweeting on Monday, Grayscale revealed that its crypto fund AUM was currently at $4.8B. Comparing with the figures from five days ago, it...
Read More »Ripple’s Japanese Partner SBI Sets Up Its Token Platform on Corda Blockchain
Ripple Labs Japanese partner SBI Holdings has set up its new S coin token platform. The platform works on the Corda blockchain. Corda is an enterprise blockchain owned by U.S. company R3.Japanese Bank SBI Holdings Inc. (TYO: 8473), which is a Ripple Labs partner, has introduced its new token platform. The bank made this known in a press release yesterday. The S Coin platform can issue tokens on the Corda Blockchain, owned by American company R3.The S token platform was currently issuing only...
Read More »CryptoPotato’s Fund Records Monthly 22% Increase: Here’s What Changed
CryptoPotato’s cryptocurrency fund (the Crypto Fund) launched nearly a year ago continues to attract new investors and its performance has increased sharply during 2020 and especially in the past month. The growth comes after a significant change in its asset allocation with the purchase of Augur’s native token – REP. CryptoPotato’s Crypto Fund History During the summer of 2019, CryptoPotato launched an innovative fund that invests in several digital assets. Before going live, readers had...
Read More »Ripple Price Analysis: XRP Records 2-Month High, Finally Ready For Bull-Run?
XRP saw a small 2.67% increase today as it pushed above $0.22. The coin is now trading above the June 2020 high as it faces resistance at $0.225. Against Bitcoin, XRP is trying to push higher but is struggling with resistance at 2200 SAT. XRP/USD – XRP Bulls Push To 2-Month Highs Key Support Levels: $0.215, $0.21, $0.20.Key Resistance Levels:$0.225, $0.235, $0.24. XRP managed to push back above the $0.2 resistance last week and has been climbing higher ever since. The coin pushed above the...
Read More »Ripple Director of Product Unveils Payburner Platform Based on XRP in Beta Release
Director of product at Ripple, Craig DeWitt, unveiled the beta version of a new P2P payments platform Payburner that utilizes XRP for processing payment. Payburner users can now make PayID payments.Through a series of tweets on his Twitter page, Director of product at Ripple Craig DeWitt announced the introduction of the beta version of the Payburner platform that will be a gateway to P2P payments based on XRP.Lots of interest in Request for Pay experience using the https://t.co/SdLqbac6ue...
Read More »Ripple Price Analysis: Resistance Turned Support at $0.21
Ripple price rallied recently after a successful close above $0.2000 against the US dollar.The price tested the $0.2250 resistance zone and recently corrected lower.There is a crucial bullish trend line forming with support near $0.2140 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move as long as it is above $0.2140 and $0.2120.Ripple price is trading in a nice uptrend above $0.2000 and $0.2120 against the US Dollar. XRP price...
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