Cryptocurrency Witnesses Better Returns than Equities This year

Good days may be ahead for cryptocurrencies. The sentiment of digital assets is improving slowly after witnessing a bear trend in 2018. The total cryptocurrency market cap has increased considerably by over $50 billion USD since the beginning of 2019. Many digital assets are outperforming the market when compared to the largest indices worldwide. CCI30 Increases by 40% Since the beginning of this year, the CCI30 (Cryptocurrency Index 30) has gained as much as 40%, reversing the initial downtrend. Cryptocurrencies like Bitcoin (BTC), which witnessed a drop in the middle of…

Will Ripple (XRP) Drop to 34 Cents? xRapid and Building Determiners

Ripple (XRP) up 14 cents in the last week Building and strategic partnership will drive adoption helping support Ripple (XRP) prices Chris Larsen is part of the IMF Advisory Board, remains the co-founder of Ripple and recently donated $25 million in XRP at the San Francisco State University. Whether that will elevate Ripple Inc profile, we are not yet visible but what is clear is that Ripple (XRP) buyers are back. Ripple Price Analysis Fundamentals Not surprising, Ripple is actively building and on the other, they are striking partnerships, and…

‘Bitcoin Price’ is a Meaningless Metric: Russian Economist

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Vladislav Ginko, semi-famous for making lots of people in the crypto space believe that Russia was going to buy a massive amount of Bitcoin, took to Twitter recently to tell…

Sparkswap Raises $3.5 Million From Initialized, Pantera for Lightning-Powered DEX

UPDATE (April 8, 13:40 UTC): The funding round was led by Initialized Capital, not Pantera Capital. The headline has been updated. A San Francisco-based decentralized exchange (DEX) called Sparkswap launched Monday, becoming the first North American exchange to fully integrate the lightning network, a bitcoin scaling solution. Sparkswap is funded by a $3.5 million seed round led by Initialized Capital, with involvement from venture capital firms such as Pantera Capital and Foundation Capital. This lightning-powered DEX – which differentiates itself from traditional exchanges by requiring users to custody their own…

GM, BMW Back Blockchain Data Sharing For Self-Driving Cars

Car giants General Motors and BMW are backing blockchain tech as a way to share self-driving car data among themselves and other automakers. It’s all part of a bid to unlock valuable data held in silos which will ultimately get autonomous vehicles on the road sooner. Exploratory work in this area is being done under the auspices of the Mobility Open Blockchain Initiative (MOBI), a consortium formed last year to harmonize the development of distributed ledger technology (DLT) across the “smart mobility” industry. CoinDesk has learned that the next MOBI working…

Bitcoin (BTC) Price Defies Gravity, Looks to Trade Higher

The price retested the $5,360 resistance and it looks set to trade further higher in the near term. There was a break above a short term contracting triangle with resistance at $5,155 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to surge towards $5,500 or even $5,600 once it successfully clear the $5,360 resistance. Bitcoin price is climbing higher towards key resistances against the US Dollar. BTC could accelerate gains along with Ethereum once it clears the $5,360 resistance area. Bitcoin Price…