Ripple’s XRP Leads Intraday Gains, Beats Bitcoin

Ripple’s XRP led intraday gains on Monday after rising 10 percent on a 24-hour adjusted timeframe, according to data provided by CoinStats’ cryptocurrency portfolio management app. The third-largest cryptocurrency by market capitalization outperformed the benchmark Bitcoin, as well as the rest of the top altcoins. Bitcoin, in particular, trended in positive territory but its gains…

US Exchanges’ Crypto Rating Council Faces Criticism

The newly formed Crypto Rating Council is already facing criticism for its role in categorizing cryptocurrencies. Tyler Gellasch, executive director at Healthy Markets, observed that some members of the council might have stakes in the cryptocurrencies under evaluation. That could unduly influence their assessment of the asset in concern. “A group of private companies jointly…

Bitcoin is Rock Solid against All Altcoins – Except One

Bitcoin is stealing capital from thousands of similar cryptocurrencies as it goes on to become the benchmark asset for its kind. The world’s first and foremost cryptocurrency saw its value surging against altcoins since October 2018. The ETH/BTC instrument, representing the exchange rate of the second largest blockchain project Ethereum against bitcoin, dropped by 63…