The top 10 Hot Crypto News Updated Daily for you to know the Market Situations.

1. TRON announces collaboration with Japanese government to maintain regulation standards.

2. Coinbase declares XRP most suited cryptocurrency to send money internationally.

3. China Adoption Blossoms as the Largest Shipping Conglomerate Is About to Implement Blockchain for Its Supply Chain.

4. Ripple (XRP) In a 4 Cents Range Since Dec, When Will Bulls Break Out?

5. Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1.

6. Pakistani Government Set to Introduce Regulations for Cryptocurrencies.

7. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

8. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

9. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

10. With Litecoin Halving On the Horizon, Hash Rate Nears All-Time High.

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Read the Daily 10 Hot Crypto News to Stay Updated with the Market.

1. Nipsey Hussle Fatal Shooting Is a Blow to Rap Music and to Bitcoin.

2. Bitcoin Price Posts Biggest Quarterly Gain Since Late 2017.

3. Di Maio Bets on the Blockchain, Says Italy Must Allow Innovation to Proliferate.

4. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

5. A Brief Guide on how to Create Lightning Network Invoices.

6. Bitcoin Hits 5-Week High as SEC Postpones ETF.

7. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

8. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

9. Privacy Service for XMR-Enabled Bitcoin Transfers Removes Support for US Residents.

10. This New Android Malware Targets 32 Crypto and 100 Bank Apps – Here’s How Not to Get Hacked.

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Read this 10 Crypto News Daily and stay Updated with the Market Situation.

1. Novogratz Is Bullish on Bitcoin Overtaking Gold as a Store of Value, but Admits It Will Take Time.

 

2. SBI Holdings Next Crypto Venture Is Manufacturing Mining Chips.

 

3. Ripple’s Market Cap Further Slips Behind Ethereum as XRP Price Prediction Stalls.

 

4. True Digital Expands Distribution of Its Bitcoin and Ether OTC Reference Rates.

 

5. Western Union Ties Up with Stellar-backed Tunes for Direct Mobile Wallet Transfers.

 

6. Blockchain Financial Plumbing Is Still Years Away, Says LSE Spinoff Exactpro.

 

7. Exclusive: What Litecoin Founder Charlie Lee Thinks Will Drive Crypto Adoption.

 

8. Bitcoin Price Consolidation Continues, Downside Break Looks Likely.

 

9. Central Banks See ‘No Value’ in Issuing Digital Currency: BIS Chief.

 

10. Japan: Yahoo!-Backed Cryptocurrency Exchange Set for May Launch.

 

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Ripple Combating Coinbase’s Listing Rules

Ripple (XRP) is reportedly violating one of Coin-base’s listing rules, despite the Cryptocurrency exchange added support for the Altcoin on the its Pro platform. Research by firm Diar states that XRP breaks one of Coin-base’s requirements to be listed on the platform.


In its “Digital Asset Framework,” Coinbase states that “the ownership stake retained by the team is a minority stake,” while, according to Diar, Ripple captives 60 percent of the supply in escrow with a release schedule.


Coinbase Pro, the professional offering of United States-based crypto trading platform and wallet service Coinbase, added support for XRP token. Coinbase stated that full trading of XRP will be available to customers in the U.S., Canada, the European Union, the United Kingdom, Singapore and Australia and to other countries soon.


A report by Crypto analytics firm Messari, alleging that XRP’s market capitalization could be overvalued by as much as $6 billion. The report notes that XRP’s liquid circulating supply could be overestimated by 48 percent, putting the “actual” market cap at $6.9 billion instead of the $13 billion that was then reported on CoinMarketCap.


The company sold $535.56 million worth of XRP in 2018. During Q4, 3 billion XRP was reportedly released out of cryptographic escrow, while 2.4 billion were returned. The remaining 600 million XRP not returned to escrow are being used “in a variety of ways to help support the XRP ecosystem.”


Recently, XRP has seen a decrease by 2.48 percent, and is trading around $0.319.

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JPM Coin Got nothing on Ripple’s XRP says Binance Research.

The research study done by top crypto exchange Binance analyzed, JP Morgan Chase’s debut of stable coin, arguing that the digital coin brings “minimal direct competition” to Ripple’s XRP token in the near term.


JP Morgan Chase announced incoming launch of its new blockchain settlement offering: a stable coin dubbed JPM Coin, to be backed 1:1 by the bank’s USD reserves.


Binance Research suggests that JPM Coin “could make the institution the largest stable coin issuer on a blockchain measured by circulating supply and total market cap.”


The study continues, is likely to hold potential “precursor to the third generation of stable coins,” aiming the world of traditional finance and to serve particular purposes and business use cases with help of private blockchain-powered tokens.


While JPM Coin may have specific material impact in upgrading the cost and time efficiency of traditional financial services, its implications for the public stable coin market shortly be minimal:
“Large banks and financial institutions […] have a distinct set of advantages in issuing fiat-collateralize stable coins, but these offerings will not displace liquid, publicly traded stable coins in the near-term given their closed ecosystems built on private blockchains.”


Moreover, JPM Coin is unlikely to be tapped by competitors in the banking sectors, who may well release their own native crypto tokens in future as it is a proprietary and centralized network.


JP Morgan Chase CEO Jamie Dimon suggested that JPM Coin could gain consumer use and evolve beyond internal use cases.

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Upsurge of the Crypto Industry

A number of markets breaking through the world of crypto.

Bitcoin

Bitcoin billionaire Brock Pierce says crashing of the Mt. Gox crypto exchange was critical, it’s effects are seen in today’s Bitcoin and crypto bear market. His plan to bring Mt. Gox back and refund the investors who lost their Bitcoin can energize the entire crypto market and transform it as a source of pride for the industry.


Ethereum

The Chicago-based crypto exchange ErisX says Ethereum (ETH) futures would have a positive impact on the cryptocurrency market. ErisX says the futures are in line with the CFTC’s mission to support open, transparent, competitive and financially sound derivative trading markets, and monitor fraud, manipulation and malpractices. ErisX is working to launch futures markets for Bitcoin, Ethereum and Litecoin soon this year, with subject to regulatory approval.


Ripple and XRP

Ripple’s managing director of South Asia, Middle East and North Africa will join a panel at Blockchain Applied in Dubai on Tuesday. The session will emphasize on how blockchain and digital assets like XRP can create real value, lower costs and deliver measurable results for enterprises around the world.

Tron

The co-founder of  a decentralized and Tron supporter Misha Lederman showcased his top five Tron developments this week. The BitTorrent token airdrop for TRX holders stood first.


Cardano

Cardano founder Charles Hoskinson put up a new ask-me-anything on YouTube. Hoskinson talks about Cardano’s Shelley update, and its efforts to get Cardano’s currency ADA onto Ledger’s hardware wallets.


VeChain

The team at VeChain is expanding in the US and UK.
VeChain is working to boost adoption of its proprietary blockchain in both countries, aiming to tackle supply chain logistics, Internet of Things, agriculture, identity verification and more.

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CZ Reveals in Future Binance Wants to Add Ripple’s xRapid as a Partner.

On Feb. 6, revealed in a Periscope live stream by the company’s CEO Changpeng Zhao, A partnership with Ripple is getting considered to use its cross-border payment platform xRapid, by The world’s largest crypto exchange Binance.


Zhao — better known as CZ in the crypto community, Speaking in his first live stream ever, mentioned clearly that Binance is “definitely” looking to partner with Ripple, it’s native currency XRP is currently the largest Altcoin by market cap.


Currently, CZ also confirmed that xRapid is not a priority for the crypto exchange at the moment, also confirming, that there is “nothing going on right now” for the exchange with xRapid, stating:
“We’re focused on launching more features right now, so we are working with a number of other partners. With xRapid, there’s nothing going on right now, but in the future we’ll definitely want to add them as a partner.”


CZ also suggested that the emergence of Bitcoin (BTC) Exchange Traded Funds — a development much-anticipated, doesn’t require for the crypto industry growth, As reported earlier today, during the same live stream.


As more entrepreneurs bring forward real blockchain and crypto applications, the industry will grow more as further mentioned by Binance’s CEO.


Through the Partnership with payment operator Simplex, Binance launched support for credit card Crypto purchases on Jan 31.


According to CoinMarketCap, The coin is trading at $0.292 by press time, with a market capitalization of around $12 billion.

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Upheaval of Crypto’s After Market rise, Bitcoin hold over $3,600

Saturday, Feb. 9 —Bitcoin (BTC) is holding steady above the $3,600 price point as Coin 360 data shows, major Cryptocurrencies are facing a mix of mild gains and losses, following a major market surge since yesterday.


On Friday, Feb 8. BTC gained over $200 reaching a multi-week high of $3,691 throughout the day. The top currency continued to trade consistent today, before a balance to press time around $3,660.


BTC daily transaction volume is gradually growing. As Cointelegraph reported earlier this week, the past highs are to be seen as of January 2018, when world’s top currency valued to $20,000.


Ripple (XRP), currently the second largest Cryptocurrency, has shed about 1 percent in price on the day and is now trading near $0.31. Its market capitalization is over $12.7 billion — about $260 million bigger than the next largest crypto, Ethereum (ETH).

 

ETH price is increasing around $119. Week wise the currency mostly traded sideways near $110, falling to an intra-week low of $103 on Feb. 6. Yesterday’s market returned back ETH value as of late January.
Back this day, total market capitalization of all Cryptocurrencies spiked over $122 billion, before taking a fall back down to $121 million later, according to CoinMarketCap. The daily trading volume for the last 24 hours is around $20.2 billion.


Binance Coin (BNB), Maker (MKR) and Litecoin (LTC) are the major gainers on the day. BNB, currently the 10th largest coin by market cap, has gained nearly up to 3 percent, seeing fairly steady growth since Feb. 6. MKR is up 3.2 percent, while LTC is up 3.5 percent on the day. since yesterday litecoin is on a double digit rise, claimed to be 4th largest Cryptocurrency.


Among the top twenty coins, Bitcoin Cash (BCH) and Tron (TRX) is on a loss for the day, with about 2 percent as of press time.


In industry news, Bakkt, the much-certain digital assets platform operated by the Intercontinental Exchange (ICE), has closed its first acquisition. The move marks the finalization of an acquisition of assets in futures commission merchant Rosenthal Collins Group.


In a win for adoption, Argentina’s state public transport card SUBE (Sistema Único de Boleto Electrónico) can now be topped up by using Bitcoin.

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