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Ethereum took advantage over Ripple’s instability and took over XRP to reclaim its spot in the rankings as the second largest cryptocurrency or crypto asset, behind Bitcoin.
Bitcoin price established its new all-time high at $2,087 earlier today after surging past its previous all-time high set at $2,050, with demand toward Bitcoin rising from institutional investors in the US, Japan and South Korea.
The US bitcoin exchange market briefly overtook Japan to become the largest bitcoin exchange market in the world, amidst serious economic uncertainty.
Ripple again surpassed Ethereum to become the world’s second largest cryptocurrency. However, investors are concerned over Ripple price trajectory.
Some analysts including Koji Higashi, project leader of ORB and co-founder of IndieSquare, believe that Japanese investors may be leading the next alternative currency (altcoin) bubble.
Counterparty enters the non-Bitcoin world by teaming up with the physical card game Force of Will as it prepares to launch its first digital game assets.
Decentralized exchanges have paralleled projects such as Colored Coins that allow for individual claims of ownership via the blockchain.
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