XRP

Auto Added by WPeMatico

Market Update: Bitcoin Bulls Bounce Back, Dogecoin Slumps, XRP Jumps 18%

by

Digital currency markets have been regaining some of the losses felt last week as the entire crypto-economy has jumped back over the $2 trillion valuation mark. Bitcoin has risen above the $55k zone, while other digital assets have seen more precipitous gains. Out of the top ten leading crypto assets on Tuesday, XRP and UNI … Read more

Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption

by

Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other types of consensus algorithms have been effective at being secure while … Read more

Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

by

Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations have dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s … Read more

‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’ 

by

Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous. Novogratz Warns of a Crypto Market ‘Washout’ Shares … Read more