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Daily Cryptocurrency Tracker 18.4.19: XRP joins rally

The positive momentum seen in crypto markets in the last few days continued over the past 24 hours, as 8 of the top 10 cryptos registered gains. At the time of writing, Bitcoin showed moderate gains of less than 1%, inching closer towards the $5,300 mark.

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XRP joins rally

After somewhat lagging behind the rest of the top 10, XRP has finally joined the recent rally, climbing nearly 5% over the past 24 hours (as of the time of writing) and leading the top 10 cryptos in gains. The recent uptick put XRP, currently ranked 3rd overall by market cap, on its way to erase all of the losses suffered over the past week.

Highly volatile investment product. This is not investment advice. Your capital is at risk.

Microsoft and EEA launch token-building kit

The Enterprise Ethereum Alliance (EEA) has joined forces with software powerhouse Microsoft to enable enterprises to create blockchain token specific to their needs. The new program, dubbed “Token Taxonomy Initiative,” is claimed to be “technology-neutral,” and will include high-profile members such as Banco Santander, ConsenSys, Ernst and Young, IBM, Intel, JPMorgan Chase and Microsoft. “Standardizing tokens across all networks could hold the key to one of the greatest economic opportunities in modern history,” explained EEA Executive Director Ron Resnick in a press release.

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