Thursday, March 28

Tag: xrp

These 5 Cryptocurrencies Other Than Bitcoin Are Attracting Investors
ANALYSIS

These 5 Cryptocurrencies Other Than Bitcoin Are Attracting Investors

Starting from $1000 this year, Bitcoin has ramped up to around $20,000. With the launch of Bitcoin futures this week by Chicago-based derivatives exchange Cboe Global Markets, the prices are still expected to shoot up. The Bitcoin "bubble" has ignited a series of discussions on the Wall Street, questioning whether the Bitcoin is the new way of doing business. Many financial markets are now treating Bitcoin and other cryptocurrencies as legitimate financial assets. While on the other hand, firms like JP Morgan call it a "fraud" and claim that those who traded in digital currency are just being "stupid". The debate can go long whether to or not to invest in cyptocurrencies. Nonetheless, the boom in Bitcoin value has also helped its rivals surge. In some parts of the world, people are e...