Lumen and XRP both aim to solve parts of this problem. Not only is it expensive, but it can be tricky to navigate and time consuming. As financial institutions stand right now, it can be difficult to transfer money across country borders. And even beyond that, both have a similar mission. To start, the project shares co-founder Jed McCaleb with Ripple and its crypto, XRP (CCC: XRP). The story with Stellar and Lumen (CCC: XLM), its native cryptocurrency, is very interesting. If that happens, Cardano is certainly one to watch. Therefore, he predicts that an altcoin will soon dethrone Bitcoin as the leading cryptocurrency. By contrast, Hoskinson thinks altcoins like his Cardano offer more in terms of tech. In other words, as a crypto, it does not have that much going for it. In a recent interview, Hoskinson said that Bitcoin is only so successful because of its popularity. Plus, Charles Hoskinson, the founder of Cardano, thinks some pretty big things are in store for ADA. ![]() This comes as more and more mainstream consumers look for DeFi solutions, and as financial institutions make crypto integrations. At the start of 2021, some experts were putting price tags near $2 on ADA. ![]() So what should investors make of Cardano? Many bullish price predictions stem from its opportunities in decentralized finance. This comes after similar purchases of altcoins, including Dogecoin (CCC: DOGE). For instance, KISS frontman Gene Simmons announced last week that he purchased $300,000 of ADA. While Kevin Reynolds wrote for CoinDesk that much of the altcoin rally stems from hopes of finding the next biggest token, there is also quite a good deal of social media hype. One of the biggest gainers over the weekend was Cardano (CCC: ADA), fueled by hopes that the token will be the next cryptocurrency to explode. If you want to get in on the ground floor, keep these five tokens in mind. Investors still want to find the next cryptocurrency to explode in 2021. While that speaks to the power still behind the name, it also opens the door. Where we stand now, Bitcoin has trimmed its losses and is down roughly 5% over the last 24 hours. Are BTC and Ethereum (CCC: ETH) really too high? Regardless of the answer, Bitcoin, Ethereum and many of their peers started to tumble. Musk, a fan of cryptocurrencies, tweeted some concerns about current valuations. Then, BTC hit the breaks as bearish Bitcoin price predictions poured in. ![]() They also created a rally in a series of lesser-known cryptocurrencies. ![]() In short, these headlines combined to push Bitcoin to a new all-time high. On Friday, the first Bitcoin exchange-traded fund in North America launched to roaring success, perhaps paving the way to a sister fund in the U.S. Financial institutions are integrating digital currencies, and you can now buy a house or even a private island with your crypto wallet. Legendary investors continue to buy in, and even Tesla (NASDAQ: TSLA) purchased a $1.5 billion stake. Essentially, everything has been working in favor of cryptocurrencies. Sponsor□ Linqto - □ Sign Up with Okcoin □ Get the Ledger Nano X to Safely store your Crypto - ✅ Become a Channel Member - □ Sign up for the Free Thinking Crypto Weekly Newsletter □ Easily do your Crypto taxes, I personally use this service - □ Sign up with BlockFi to earn Interest on your Crypto with $250 Bonus! - □ iTrust Capital - ➡️ Follow on Twitter - ➡️ Follow on Facebook - ➡️ Website - □ Listen to content on Apple Podcasts - ⏰ Time Stamps ⏰00:00 Intro01:41 Crypto market and Amazon Stock Split08:08 SEC problems10:48 NY bitcoin mining ban14:26 Bored Ape NFT hack17:53 Binance US regulatory approval=□ Interviews Playlists □- All Interviews - Must Watch Interviews - Bitcoin Interviews - Ripple XRP Interviews - Altcoin Interviews - Crypto Regulators & Politicians Interviews - Investment Firms & Hedge Funds. A malicious actor has made off with 200 ether ($359,000) worth of Bored Ape NFTs after the Discord server belonging to the project was compromised on Saturday. SEC has a lot of problems under Gary Gensler. Will Amazon's stock split tomorrow send the stock and crypto market pumping? New York bans Bitcoin PoW mining.
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