Tue, 02/19/2019 – 09:24 Ripple News – Bitcoin, XRP Show Significant Gains as Crypto Market Adds $12 Bln in Just Two Days In less than two days, the crypto market has added $12 bln, pushing Bitcoin, XRP and other major crypto coins up and letting bulls overtake bears Contents
On Sunday, the Bitcoin rate jumped from $3,600 and has been rising to the current price of $3,967 on Coinmarketcap. Some other sources are even showing $3,900, such as the Bitstamp exchange, located in Luxembourg. Ripple, Ethereum Among coins in the top-ten category, high gains are shown by XRP and Ethereum. Ripple has risen by around 10 percent. Ethereum started appreciating back on Sunday, when the crypto community again began betting on Ethereum’s Constantinople hard fork , which so far has been delayed and according to the new plan is about to occur on Feb 27. Based on this upgrade, later this year Ethereum will change its current proof-of-work algorithm to proof-of-stake.
Presently, XRP is trading at $0.3418, having risen 8.
78 percent. Ethereum stands at $148.
92. Expert’s comment An eToro top manager, Mati Greenspan, has commented on the current situation in the market, saying that the community is questioning whether the momentum will continue, letting Bitcoin, XRP, Ethereum and other altcoins keep ascending.
As per him, the market has added $8 bln over the last day. Its current volume totals more than $36 bln – this is a high that was last noticed in spring last year. However, he added, Bitcoin must take the $5,000 – until it happens, a bearish U-turn can happen at any moment. 💼 Related Article 256 Wall Street gurus keep their faith Despite the overall bearish dominance, last week several big-names from the crypto financial world predicted that Bitcoin along with the rest of the crypto company will regain the highs they reached in December 2017.
Among them are the crypto investor and billionaire Tim Draper , CEO of Grayscale Barry Silbert, and long-term BTC supporter Mike Novogratz, the founder of the Galaxy Digital crypto investment fund.
Tim Draper even expressed the thought that the recently announced launch of JP Morgan’s digital JPM Coin will provoke a further interest in Bitcoin and the crypto market in general. Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel! More dApps are appearing on the Tron blockchain, some of them with a user base of over 50,000 people Contents Tron burns its old tokens
Unlike blockchains of the first generation, Tron is not focused on its native coin only.
Just like Ethereum or EOS, Tron allows developers to build decentralized apps and their own platforms on it, hoping to get the whole Internet decentralized in the end. Tron’s success with dApps So far, Tron has been making progress in hosting dApps . Now reps of the platform report that there are more than 200 decentralized apps in the blockchain already. Tron has been making fast progress in this area. Slightly over 20 dApps running on it have around 65,000 new daily users. Its rivals, EOS and Ethereum, which also produce dApps, do not have such popular applications running on them. Dappradar.
com This website provides data on dApps that run on the major global DLT platforms. Dappradar says that among the most popular dApps in the world, three are Tron-based – PLAY GOC, Crazy Dogs Live and Epic Dragons. The first two are gambling ones, the last one is a game.
These three dApps are part of the top ten category. The other seven are EOS-powered. Tron has managed to reach this level of popularity in a short period of time – the platform was founded less than two years ago, and by the summer of 2018 it got off of Ethereum and onto its own mainnet. Thus, the success with dApps has been achieved in less than one year.
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