Ethereum, Altcoins & Ripple — Asian Wrap 12 April

Ethereum (ETH) showed signs of recovering its bullish momentum on Thursday, briefly rising to $3,618 as whales entered a buying spree. Despite the movement from whales, the US Securities and Exchange Commission (SEC) Wells notice to Uniswap could affect Ethereum in the long run.

A BRC-20 token is an experimental fungible token standard similar to ERC-20 (native to the Ethereum blockchain). BRC-20 token standard is considered novel and uses ordinal inscriptions on the Bitcoin blockchain.

Ripple (XRP) CEO spoke about USD-backed stablecoin, XRPLedger and Exchange Traded Funds (ETFs) in the US, at Paris Blockchain Week. XRP price is up nearly 5% this week. The altcoin extended gains on Thursday, flipping $0.60 resistance to support. 


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