Market analysts have recently expressed optimism regarding several cryptocurrencies, with Ethereum receiving special attention. Consultants at deVere Group have reportedly issued strong price guidance for that currency, saying Ethereum could reach $2,500 by year’s end. Ethereum is the world’s second-largest cryptocurrency. During an interview with MarketWatch, deVere’…
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Ripple
Chinese Government Tightens Control On Cryptocurrency: Keeps Economy Strong
In an effort to protect the yuan (RMB), the People's Bank of China said it will apply strict measures to cryptocurrencies. And while the statement published on the Chinese central bank's website March 29 offered no specifics on policies against either crypto, virtual or digital currencies, the deputy director of…
Ripple is Quickly Catching up to Bitcoin: The altcoin pushed past $3 and reached almost half of Bitcoins Market Cap
Ripple (XRP) is the second largest cryptocurrency by market capitalization. Recently Ripple crossed the $3 per coin mark. The altcoin was trading at an average of $3.12. Over the past twelve months, Ripple’ price has increased by almost 49,000 percent. Just last week, Ripple passed the $2 mark…
Ripple's co-founder sits among the five richest poepole in America
Due to a surging digital currency, Chris Larsen the co-founder and executive chairman of Ripple is now one of the five richest people in America Forbes, citing sources at Ripple, claims Larsen enjoys 5.19 billion of Ripple’s digital coin, XRP and a 17% share in the company. XRP…