RATE Group | Crypto Markets See Modest Gains, Bitcoin Rises Above $3,400
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Crypto Markets See Modest Gains, Bitcoin Rises Above $3,400

13 Dec Crypto Markets See Modest Gains, Bitcoin Rises Above $3,400

Posted at 00:40h in Bitcoin News by

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Wednesday, Dec. 12: Cryptocurrency markets have seen moderate gains on the day, with all top 20 coins by market capitalization in the green, according to Cointelegraph’s Coin360.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin (BTC) began the day around $3,414, subsequently reaching its intraday high of $3,534. At press time, the major coin is trading at $3,499, up 2.21 percent over the last 24 hours.

Bitcoin daily price chart. Source: CoinMarketCap

Bitcoin daily price chart. Source: CoinMarketCap

Today, Cointelegraph reported that the R&D lab at crypto startup TenX has tested the use of its cross-blockchain interoperability protocol to exchange ERC-20 tokens. The goal was to exchange the tokens — which run on the Ethereum (ETH) platform but are not strictly “native” since they rely on invoking a smart contract to transfer ownership — for Bitcoin’s smallest transactable unit, known as “Satoshi,” using the second-layer scalability Lightning Network protocol.

The second largest cryptocurrency Ripple (XRP) has taken an upturn…

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