China News Daily Official TheBitTimes.com

Ripple’s native token XRP is hovering around the $2.50 mark on Tuesday and remains on the greener side of the spectrum. The leading altcoin has surged more than 400% in a year, turning an investment of $1,000 into $5,000 in 365 days. The phenomenal rise is making investors take an entry position in the token, hoping to ride the bull run for further profits. Analysts forecast that the rally is not over and XRP has more steam and could race ahead in price. Also Read: Solana to Hit $200? SOL Block Traders Expect Big Gains by June Professor at the University of Brighton Predicts Ripple (XRP) to Hit $6.10 Source: Coinfomania Paul Levy, the Senior Professor at the University of Brighton, wrote in a financial piece on Finder that he is bullish on Ripple’s XRP. He wrote that the leading altcoin is a good investment for both the long-term and short-term horizons. He highlighted the blockchain network’s utility cases and its importance in the global fintech sector. As the blockc...

Lawrence White, a prominent professor of economics at George Mason University, has highlighted a potential future security threat that faces Bitcoin (BTC). Speaking during an interview with David Lin published on October 22, Professor White expressed his concerns regarding the long-term sustainability of Bitcoin’s security , particularly about the evolving reward model for miners. While quantum computing has long been a topic of discussion in the world of cryptocurrencies, the scholar was unfazed by its potential impact on Bitcoin. Instead, he pointed to a different challenge on the horizon while noting that Bitcoin has emerged as hack-proof.  “People have worried about the miners colluding to attack Bitcoin, but that wouldn’t be in their interest to do. So far, it’s proven hack-proof, and there are people who worry that in the long run, as the reward model for Bitcoin changes,” he said.  What to expect after all Bitcoin is mined ...