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In terms of market cap, Ripple’s native token, XRP is the third largest in the crypto sphere although it is definitely one of the most popular crypto tokens in the world.  Even so, Ripple hasn’t been stopped delving into other industries and sectors. According to new reports, Brave New Coin is currently going through its final stages of producing the Ripple Liquid Index (RLX). According to the report, the XRP token is currently undergoing a fight with the leading cryptocurrency and Ethereum in order to get its place on the Nasdaq platform. “BNC is in the final stages of producing the RLX (Ripple Liquid Index) and is working with a range of market participants to create custom basket indices. XRP was today listed on Coinbase Pro, which many view as a form of institutional endorsement for the asset as Coinbase Pro is a leading global exchange that serves high-end traders and investors.” Speaking in the report, the CEO of the firm, Fran Strajnar was quoted saying “the LX program was born out of a need for clear and transparent price discovery of liquid cryptographic assets and is a bigger need today then it was back in 2015 when we started this program.” Not long after XRP was announced to be getting a listing on Coinbase, Brave New Coin acknowledged the chance that financial data from Coinbase Pro could be used to product Ripple Liquid Index in the near future. The firm reportedly said, “currently Coinbase Pro isn’t part of the…
Source: XRP Anticipating RLX on Nasdaq

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The Lightning Network has been getting a lot of attention in the past few weeks, partly because of the… The post LinkedIn Co-Founder Passes Bitcoin Lightning Torch as BTC Adoption Prospects Increase appeared first on Invest In Blockchain.
Source: LinkedIn Co-Founder Passes Bitcoin Lightning Torch as BTC Adoption Prospects Increase

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In this edition of The Daily we feature a number of traditional financial companies that are stepping into the crypto assets world. Fidelity Investments backs Coin Metrics, London Stock Exchange Group funds tokenization platform Nivaura and Sofi is set to add crypto support. Also Read: Top Business School in India to Offer Advanced Blockchain Program for Professionals Fidelity Investments Backs Coin Metrics Coin Metrics Inc, a provider of crypto market and network data, has announced it closed a $1.9 million seed round of venture funding. The financing came from Fidelity Investments, Highland Capital Partners and Dragonfly Capital, with Castle Island Ventures leading the round. “All of our investors are bought into the idea that the next phase of cryptoasset investing requires robust comprehensive data and infrastructure. Having this premier group as investors is a great vote of confidence,” said Tim Rice, CEO of Coin Metrics. The Fidelity Digital Assets team explained in a Medium post about the matter that good data sets are critical factors in the ability to analyze trends, visualize the growth of networks, and spot challenges, adding that many of the institutional investors they talk with also require a clear understanding of which data to consider as they explore crypto assets. LSEG Funds Tokenization Platform London Stock Exchange Group (LSEG) has revealed it led a $20 million strategic investment round in the tokenisation platform Nivaura. The startup’s focus is on the deployment of digital investment banking solutions for banks, exchanges and other financial institutions. LSEG’s head of…
Source: In the Daily: Fidelity Investments, London Stock Exchange Group, Sofi

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You may or may not have heard about the recent confirmation by Samsung that their next phone will be supporting blockchain and decentralised applications in addition to its backed secure storage for cryptocurrencies. But now Samsung has made a move towards crypto, will Apple follow in their footsteps and do the same? dApp support Reports surfaced last week that the new smartphone, Samsung Galaxy S10, will have a dedicated secure storage solution for keeping private keys safe. At the Samsung Mobile Business Summit in Barcelona, the firm confirmed that the storage solution will be supporting both Bitcoin and Ethereum as well as altcoins called Enjin and Cosmo Coin. In a bizarre turn of events, Samsung today announced its wallet app at MWC. Supported assets: BTC, ETH, ENJ (some tiny in-game currency thing) and COSM (absolute shitcoin from Korea for buying beauty products - WTF?!)Hardly any details. I’d wager this doesn’t ship on US models. pic.twitter.com/wXa0mJCYD2 — Udi Wertheimer (@udiWertheimer) February 25, 2019 On top of this, the smartphone will be supported by certain decentralised applications (dApps). Currently, the only dApp that is available for Samsung Galaxy S10 called Cosmee. Even so, the decentralised nature of the dApp is questionable. The dApp is a Korean project developed by Cosmochain and it rewards users with the COSM coin for leaving beauty reviews through the dApp. If you take a look through their whitepaper, it raises more questions than it answers. According to the whitepaper, the customer-provided data will be stored on “the…
Source: dApp Support On The Samsung Galaxy S10

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Wednesday’s edition of The Daily charts the rise of blockchain phones and the effects they’re exerting on the tokenized assets supported by their built-in wallets. We also examine Europe’s favorite crypto card service, which is invading Asia and making it easier to cash out of cryptocurrency, and consider the similarities between crypto exchanges and banks in terms of assets under management. Also read: China’s New Crypto Ranking: Bitcoin Upgraded, Tron Debuts Near Top Smartphone Support Sends Tokens Soaring On Feb. 22, a number of ERC20 tokens recorded impressive double-digit growth, while the rest of the market remained stagnant. Their revival can be attributed to the rise of blockchain smartphones. The devices, which include the Finney by Sirin Labs and the Exodus 1 by HTC, contain hardware wallets for securely storing cryptocurrency. Enjin Coin (ENJ) more than doubled in price after reports emerged that the new Samsung Galaxy S10 would come loaded with the Enjin Crypto Wallet. ENJ more than doubled in price on Feb. 22 Meanwhile, mana was also rocketing in price, after it was revealed that the latest edition of the Exodus 1 smartphone will support Decentraland’s native token as well as the LAND parcels themselves, which will be tradable within the phone’s built-in Zion wallet. It was also announced that the Exodus 1 will now come with the crypto-friendly Opera browser installed by default which integrates with the Zion wallet to facilitate online crypto purchases. At the moment, only ETH is supported in the Opera browser, but there…
Source: In the Daily: Blockchain Phones, Crypto Cash Out Gets Easier, Banks vs Exchanges

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JPMorgan’s decision to launch its own cryptocurrency, called JPMorgan Coin (JPM), has caused a furor in the cryptocommunity, which… The post Jamie Dimon: “JPM Coin Could One Day Be Consumer” appeared first on Invest In Blockchain.
Source: Jamie Dimon: “JPM Coin Could One Day Be Consumer”

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The slow and steady momentum that is building up in the crypto sphere right now is getting enthusiasts excited for a breakout. Over the past week, digital assets and cryptocurrencies have seen some really positive rates, especially after such a bearish year in 2018. Despite the good news, there were a lot of cryptocurrencies that just couldn’t get involved in the hype of the recent surges. We’re going to look through some of said cryptocurrencies that couldn’t live up to the expectation of last weeks bull run. SPND SPND, or SPENDCOIN was the third-worst performer of last week bull run and couldn’t make any gains. The coin was of course, negative and fell around 51 percent on the price curve. The price range for the week was extensive was falling from its $0.3693 price to its current price of $0.160050 following a 9.90 percent decrease over the past 24 hours. SIC Swisscoin fell by around fifty percent over the past week. On the 18th February the price of the cryptocurrency was $0.0000376 but when it failed to gain momentum during the bull run, SIC was left with a price of $0.000039. TCAT TCAT, or The Cryptocurrency Analytics, hasn’t been performing very well over the last week and took a 54 percent fall of the price curve. At the start of the month, the coin was trading at $0.004 and things seemed to be looking up for the token when went up to $0.0057 but the token has sunk back now…
Source: 4 Cryptocurrencies That Couldn’t Live Up To The Hype