Is Ripple (XRP) Undervalued After Fiat—ILP Interoperability Demo?

Ripple prices up 16.3 percent InterLedger Protocol (ILP) is a game changer. The team behind InterLedger Protocol (ILP) are not slowing down, and now that we have a fiat connector, it’s only a matter of time before the benefits of a real Internet of Value begins to permeate. With optimism around interoperability, we expect Ripple (XRP) prices to increase towards 80 cents. Ripple Price Analysis Fundamentals Here’s what InterLedger Protocol can do. The Ripple innovation can connect banks, mobile money platforms, stock exchanges, clearing houses and different ledgers. By ledgers,…

Bitcoin (BTC) Is Not a “Joke” or a “Bubble”, $6,000 Easy Target

Bitcoin prices up 25 percent in the last week Investment by high net-worth investors and corporations mean Bitcoin is here to stay. Wall Street leaders like Fidelity are investing and participating in infrastructure development squashing claims that Bitcoin and Blockchain are just but “Fool’s Day Joke.” Meanwhile, Bitcoin (BTC) is firm above $5,000 and bulls now aim at $6,000. Bitcoin Price Analysis Fundamentals Unlike JP Morgan’s Quorum protocol, Bitcoin is free, permissionless and open source. That means any developer from any part of the world can analyze the network’s modus…

Bitcoin at Most Overbought Level Since Record Bull Run: Bloomberg Analyst

Bitcoin (BTC) is at its most overbought level since its record highs in December 2017, Bloomberg Intelligence analyst Mike McGlone claimed in an article published on April 5. Per the report, Bitcoin’s GTI Global Strength Indicator shows that the coin has not been this overbought since its price neared its record peak of $20,000. Bloomberg also claims that similar patterns in the past have heralded multi-week long downturns. Bitcoin’s GTI Global Strength Indicator. Source: Bloomberg According to McGlone, recent market market growth occurred because of long-term price compression and low…

Bitcoin Price Aims for ‘Parabolic’ Bull Market, Sets Long-Term Target at $72,000

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. From 2015 to 2017, the bitcoin price surged from around $150 to $20,000 in a parabolic movement, demonstrating a staggering gain of 13,233 percent within a two-year period. Big question…

Bitcoin Climbs Over $5,100 as Top Cryptos See Solid Gains

Sunday, April 7 — most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin (BTC) climbs over the $5,100 mark. Market visualization courtesy of Coin360 Bitcoin’s price has seen a gain of two and a half percent on the day, trading at around $5,156 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 20% higher than $4,095, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Bloomberg analyst…

Vitalik Buterin Urges South Korea to Deregulate Blockchain, Embrace Crypto

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. Ethereum co-founder Vitalik Buterin and a bipartisan group of lawmakers urged the South Korean government to deregulate the blockchain industry. They say the current laws are overly restrictive and therefore,…

Here’s Why The Next Bitcoin Accumulation is Around the Corner

After a minor hiccup, the bitcoin price is looking to resume its rally with a 3.37-percent surge this Sunday. The BTC/USD instrument was trading at $5,179, according to price average calculated by CoinMarket.com at 0910 UTC. Earlier on Friday, the pair had corrected lower to test $4,849 as potential support. The area saw buying orders outrunning the selling ones, indicating that a majority of investors were in no mood to exit the bitcoin rally on an interim session profit. On the contrary, they were speculating on an extended bull run – just…

G20 to Establish Crypto AML and Counter-Terrorism Financing Regulations in June: Report

G20 member countries will meet to discuss international cryptocurrency Anti-Money Laundering (AML) regulation on June 8 and 9 in Fukuoka, Japan. The news was revealed in a report from local news outlet Kyodo on April 4. Per the report, and in accordance with official plans, G20 central bank governors and finance ministers will take part in the meeting. The event will be focused on establishing a framework to combat crypto-enabled money laundering and terrorism financing. Further, according to the Kyodo, it is expected that “it was revealed” on April 4…

New Binance Launchpad Lottery Structure Divides Critics

Despite the changing attitude toward altcoins and initial coin offerings (ICO) on the whole, Launchpad — the token offering platform developed by the world’s leading cryptocurrency exchange Binance — is selling out of its offerings in a matter of minutes. With the firm now concluding a series of sold-out token launches, the company divided opinions when it announced changes to the structure of its platform. Cointelegraph takes a look at the changes to the service, along with the latest Binance token offering news and developments. Binance Launchpad changes format On…