Bitcoin Is World’s Best Performing Asset Class Over Past 10 Years, Says Pompliano

Crypto industry investor Anthony Pompliano says Bitcoin (BTC) will likely fall to 85 percent below its all-time-highs – around $3,000. Pompliano gave his forecast during an interview on CNBC’s Squawk Box Nov. 26. The partner at crypto investment firm Morgan Creek Digital Assets argued that while “Bitcoin was overvalued in Dec. 2017” – with selling pressure this year subsequently driving its price downwards – there are several important factors related to the asset’s long-term value that are important to remember: “First, [Bitcoin] is the most secure transaction settlement layer in…

Stellar Surges 19%, Cardano Gains in Sunday’s Best Performing Crypto

Stellar (XLM) and Cardano (ADA) have performed exceptionally well against Bitcoin over the past 24 hours, recording 19 percent and 8 percent gains against the dominant cryptocurrency. At its daily peak, XLM achieved a 25 percent price increase against the US dollar, achieving $0.297. Within a period of 48 hours, the price of XLM rose from $0.21 to $0.297, by more than 38 percent. To mirror Ripple’s three-fold increase in value in the past seven days, Stellar and Cardano will have to increase by more than 30 percent from their…

Here’s why Ripple has potential to be the best performing cryptocurrency of the year

2018 has been a successful year for the digital currency in terms of adoption and a number of positive developments. As such, Ripple has potential to become one of the best performing digital currencies. These view has been echoed by the platform’s CEO, Brad Garlinghouse who believes that more institutional investors are on their way. Ripple (XRP) has lost 90% of its value from its all-time high. The coin’s price currently holds a critical support at $0.24001, and it may spend some time in a base pattern before finally moving…