Over the past three years, since cryptocurrencies entered the light of day through the largest bull run to date, there has been incredible progress when it comes to crypto development. There are now more use cases for crypto than ever, many of which have left the realm of theoretical a long time ago.

Further, there are now many different ways to earn by using crypto. Back in the day, you could only earn new coins through trading, buying when the prices are low, and selling when they go up. And, of course, there was crypto mining, from the first day Bitcoin was launched.

These days, trading and mining remain still highly popular, but are no longer the only ways of making money with crypto.

You can now use coins to give loans, HODL, and more. However, the most popular way of gaining passive income with crypto is staking, and one of the best coins for staking right now is Blackcoin.

Blackcoin is a P2P decentralized network that was launched all the way back in 2014. However, unlike Bitcoin, which relies on Proof of Work to this day, Blackcoin has been using Proof of Stake for all the years of its existence.

As such, it presents an alternative to Bitcoin’s energy-consuming PoW system, and it comes as a much greener solution. Not only that, but it also aims to eliminate the middleman inside the crypto networks — crypto miners themselves.

While Bitcoin has to rely on miners who can afford to pay for high electricity prices and mining gear to solve transactions and receive new coins as a reward, Blackcoin’s PoS algorithm allows anyone to mine its blockchain. All that users need to do is own a certain amount of coins and stake them.

Basically, this means that users need to place their coins in a wallet and just keep them there. This allows them to mine blocks and receives rewards for their participation, but it also comes with other benefits, such as eliminating inflation.

However, to be completely safe, users need to use the best wallet for Blackcoin staking, and the recommendation is the HolyTransaction wallet.

HolyTransaction is a highly-secure and convenient cryptocurrency wallet that will let you keep your coins inside of it and earn rewards through staking Blackcoin.

Its strong security features make it perfect for this kind of job, as you will always know that your coins are safe. There is no risk of losing them, unless you lose your private keys, so as long as you keep those in a safe place, your money will be safe within reach.

Another great thing about HolyTransaction.com is the fact that it allows you to buy and sell coins from the wallet itself. You can trade your cryptos, and even buy and sell coins with fiat currencies.

That way, you can accumulate a major amount of Blackcoin, exchange them for your local currency, and simply withdraw the money to your account.

Of course, you can also leave the coins you won as a staking reward in your wallet, and earn even more. It is a perfect way to secure some passive income by staking Blackcoin, and not really having to do anything yourself.

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Join our community of 10 000 traders on Hacked.com for just $39 per month. On a day when the price of Bitcoin and many altcoins fell, the Blackcoin price has exploded due to increased trading volume on the Chinese exchange BTC38.CCN examines this altcoin price updateto help traders make informed investing decisions. [divider]CCN[/divider] Blackcoin Price Blasts Off 24-Hour Blackcoin Price Chart from CoinGecko Just last week, CCN profiled Blackcoins themoderate price risewhich pulled the altcoin out of a significant price downtrend. On September 11when CCN last examined the Blackcoin pricethe coin was valued at 9,736 satoshis, a 14% rise over the previous day. The Blackcoin price continued to increase over the next two days, peaking at 13,227 satoshis before cooling off to 11,083 on September 14. At 10:00 pm EST on September 14, Blackcoin was trading at an average of 10,911 satoshis. By 11:15, the coin had increased 9% to 11,986. The price remained fairly consistent until 4:30 am on September 15.At that point, the Blackcoin price began to explode. Within 3 hours, Blackcoins value increased an astounding 20% to 14,911 satoshis. The price continued to increase until 9 am, where it peaked at 17,082 satoshis. Following this dramatic rise, the Blackcoin price declined a bit to its current position at 15,712 satoshis. Despite the mild decline from its recent peak, Blackcoins September 15 price-rally is nothing short of impressive. Over a 24-hour span, the Blackcoin price increased nearly 43%. Blackcoins market cap increased to ~$5.7 million, placing it thirteenth in market cap and just $600,000 behind twelfth-place Counterparty. This 7-Day Blackcoin price chart shows the extent of Blackcoins rise. Blackcoin Price Analysis The recent Blackcoin price increase was ignitedby an infusion of Chinese investments. More than 64% of Blackcoins 24-hour volume is centralized on the Chinese BTC38 exchange. At present, Blackcoin comprises nearly11% of BTC38s total volume, trailing only Dogecoin (51%) and BitSharesX (17%). Breakdown of Top 5 Coin Volumes on BTC38 According to CoinMarketCap. Blackcoin currently ranks 3rd on the popular Chinese exchange. The increased Blackcoin exchange volume has raised Blackcoins CoinGecko metric score as well. On September 11, Blackcoins scored 47% with a 42% community, a 62% developer, and a 43% liquidity score. Blackcoins community and developer scores remain unchanged since then, but the extra exchange volume increased the coins liquidity score to 43% and its overall score to 49%. CCNs last article on Blackcoin noted that the coins metric score was five spots higher than its market cap ranking, which can sometimes indicate a coin is out-performing its market cap and could be poised for a price rise. In this particular case, the Blackcoin price trend confirmed that theory, as Blackcoin rose to thirteenth in market capjust behind its twelfth-place metric rank. Since Blackcoin is now ranked comparably to its overall coin health, traders should not invest on the assumption that Blackcoin is underperforming. Investors should also be wary of a cooling-off period, which is liable to happen after frantic price rises such as the one Blackcoin has experienced. After the coins value rosemore than 40% in a single day, many investors will be tempted to sell their holdings at a huge profit. Short-term investors should keep this in mind before buying Blackcoins at what could be a temporary price-peak, and long-term investors should remember this before panicking if Blackcoin undergoes a moderate price-correction. Disclosure: The author does not have any Blackcoin investments or affiliations. Featured image from Shutterstock. Follow us on Telegram. Advertisement

Berlin, March 30, 2016 – CryptoWoo – the cryptocurrency payment plugin for WooCommerce online stores – is adding native support for BlackCoin plus other great features and enhancements. From the beginning, CryptoWoo has supported three digital currencies, namely Bitcoin, Litecoin and Dogecoin, and it comes with an array of features to help give the merchant and consumer a seamless check-out process with its flexible settings. The plugin already includes: a secure API, Shapeshift integration, a live exchange rate feed supporting mutliple providers, payment forwarding, accelerated payment processing via transaction confidence metrics and a vast array of options to adapt the checkout process to the individual needs of each merchant. While the main plugin is set to accept Bitcoin, Litecoin and Dogecoin payments, we are now pleased to add BlackCoin to the group of primary coins with native support, through our HD Wallet add-on. Additionally, numerous other altcoins can be accepted through CryptoWoo’s Shapeshift integration, which allows the customer to pay in any currency supported by Shapeshift, and the merchant to get paid in any of the four natively supported currencies. Rather than charging a fee on each transaction CryptoWoo instead charges a small yearly fee for the license which includes support and updates as they are added. Built with a focus on privacy and flexibility, one of the plugin’s benefits is that it gives the store-owner more control over the checkout process, as well as their own and the consumers’ data. With today’s release, the plugin enables merchants to be completely independent from third parties by using the CryptoWoo HD wallet add-on in combination with the newly implemented support for the Insight API, Bitpay’s open source block explorer. This gives merchants the ability to have their own direct connection to the coin’s network while still retaining the security benefits of a HD wallet. The decision to introduce BlackCoin as a natively supported currency was taken for a number of positive attributes, but mainly because it is an altcoin that actually gets used for purchasing. That consideration is naturally paramount as we exist to serve the needs of our merchant clientele. The first altcoin to successfully go fully proof-of-stake, and now two years out from its date of inception, BlackCoin is a well-established leader and traded actively across all major altcoin exchanges. Further, it has continued to make outstanding contributions to the development of the PoS protocol. BlackCoin released significant security and other improvements in its PoS 2.0 release, and yet again with the PoS 3.0 hard fork in October 2015. Purse.io which allows consumers to buy on Amazon at a discount reported that in February 2016 BlackCoin was the most utilized altcoin on their platform. With its comparatively low exchange rate volatility BlackCoin has also thrived as a store of value. It has a wide user base and a robust, active community. It was one of the first altcoins to be added to Shapeshift.io and is almost invariably among the regular ‘pantheon’ of top alts included on other emerging 3rd party platforms. It has attracted a highly active 3rd party developer base, among them: • The Black Chamber who released an anon wallet for BlackCoin and is currently working on extending that to decentralized markets. • Obsidian CryptoVault which provides a web wallet and other utilities, is currently working on wearables and IoT. • BlackHalo, a full-featured smart-contracting client with decentralized escrow. With CryptoWoo enabling BlackCoin merchants to accept payments sans middleman, both CryptoWoo and BlackCoin are excited about the new opportunities. There will be continuing updates and new features added to the plugin throughout the year which are included in the yearly license fee of $34 for a single store license, $49 for a multi store and $99 for the premium license. CryptoWoo is the brainchild of Felix Stein a 29 year old digital currency enthusiast from Berlin, Germany who has a B.A. in Business Administration from the University of Applied Sciences Mainz. He has experience in various areas of different industries from freelance event management and online marketing to being a sales manager at Sum-up Payments Ltd. The world’s first 100% Proof-of-Stake digital currency, continuously paving the way forward with its advanced protocol improvements and a wide array of innovative tools for the end-user, including BlackHalo for decentralised escrow transactions, privacy wallet ‘Obsidian’ with custom stealth addresses, and more. For additional information, please visit – www.blackcoin.co Follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news. Mark is a 24 year old cryptocurrency entrepreneur. He was introduced to Bitcoin in 2013 and has been involved with it ever since. He used to mine bitcoins and altcoins but now focuses on blogging and educating others about digital currencies.

Things in the alternative digital currency ecosystem got a little more interesting this week. Let's take a look at some of the noteworthy news items from the last seven days in the altcoin world. Follow the Coin announced that it is partnering with dogecoin founder Jackson Palmer on Dogecon SF in San Francisco on 25th April. This convention brings an interesting array of speakers and attendees, including litecoin creator Charlie Lee and Dogetipbot co-founder David Dvorak. The event aims to highlight the charitable aspects of the community, and there will be food, fun, costume contests and, of course, shibes as far as the eye can see. In other dogecoin-related news, US-based digital currency exchange CoinMKT launched a DOGE/USD trading pair. Blackcoin had a banner weekend, experiencing a dramatic price increase and subsequent fall that still represents a significant increase in the altcoin's value compared to a week ago. After spending several days in the 0.00009 BTC range, the price of a single blackcoin began to rise quickly on 12th April. The price peaked on 14th April, reaching 0.00094505 BTC on the MintPal digital currency exchange. Within hours, prices declined to roughly 0.00019000 BTC. MintPal's 24-hour volume approached 10,000 BTC, causing the need for emergency server upgrades at the time. At press time, the price of a single blackcoin was fluctuating between 0.00035 and 0.00039 BTC. IPO-structured scams have become increasingly prevalent in the past few months on the Bitcoin Talk forum and other public forums for digital currencies. A recent scandal involving edgecoin - which involved an IPO for early investors prior to launch - resulted in some unexpected charity from another alt-community. On 17th April, the limecoin development team announced on Bitcoin Talk that it would donate 500 LIM to anyone who could verify themselves as an investor in edgecoin: "We understand this is a small amount of currency compared to what many of you invested in edgecoin, and we apologize that we do not have the funds to do more. We are trying to help in any way we can. We encourage other coins to please do the same." This week's "Strange Alt of the Week" is actually shared between two candidates which are set for a twin launch on Easter Sunday. GirlCoin (sign: GIRL) and BoyCoin (sign: BOY) are being pitched as two coins of the same side. Each scrypt variant sports a 10 billion coin maximum supply limit and will have their own independent wallets. The community response seems to be one of mostly amusement, although it will be interesting to see how mining hashrates divide between the two coins. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

The crypto-currency world is celebrating the remarkable success of the lesser-known but highly innovative BlackCoin, which delivers advantages that give investors added confidence and security. Developers of BlackCoin believe that their unique model has the potential to revolutionize currency commerce. BlackCoin provides inherently decentralized features that make it a safe haven for investment capital. Unlike ordinary crypto-currencies, BlackCoin has, for example, been hailed as the savings bond of the crypto-currency world. BlackCoin offers 1% yearly interest compounded daily, plus resistance to unpredictable price fluctuations and inflation. That makes BlackCoin the de facto crypto-currency for building and preserving wealth. One reason why BlackCoin ensures dependable 1% annual growth is that it incorporates the pioneering system known as "proof of stake", which ensures that each investor is compensated for their participation in the staking process. Proof of stake also provides increased security from a malicious attack on the network, making the entire BlackCoin network a more secure environment for depositing and holding funds. Meanwhile BlackCoin is one of the fastest crypto-currencies on the planet, with transaction times of 10 seconds or less. The lightning speed makes BlackCoin ideal for point-of-sale transactions, because merchants and their customers no longer have to experience excruciating delays before they finalize a sale. Rapid transactions also make BlackCoin very appealing to traditional brick-and-mortar merchants who demand reliably swift transactions. Many investors missed their opportunity to invest in BitCoin early on, but early adopters of BlackCoin are quickly capitalizing on the newer currency's phenomenal 1600% increase in value since February, 2014. With conservative predictions estimating BlackCoin's value may grow to $40 per coin by the end of 2014, investors are eagerly snapping up BlackCoins currently trading at just 0.038 cents per coin. Judging from BlackCoin's exploding value and visionary strategy, BlackCoin will likely continue to innovate as it contributes to the robust health and increasing wealth of international investment portfolios. Share article on social media or email: Questions about a news article you've read? Reach out to the author: contact and available social following information is listed in the top-right of all news releases. Questions about your PRWeb account or interested in learning more about our news services? ©Copyright 1997-2015, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

With another week gone by, let's shine the spotlight on recent developments and interesting finds in the world of alternative digital currencies.The popular meme-based digital currency dogecoin has been credited by some as providing a friendly introduction to digital currencies. However, now it is being leveraged to welcome people into a not-so-friendly corner of finance: the ponzi scheme.PonziDoge is billed as a "virtual experiment game" designed to educate people about the nature of ponzi schemes, a form of financial fraud that involves collecting investment funds for fake ventures.The developers comment on the game's website that PonziDoge is part of a broader experiment to test transaction settlement technologies. After suggesting that "we assume no responsibility or give any guarantees", the team adds that PonziDoge is not actually a ponzi scheme. "Obviously, if it was a real ponzi we would not call it that, since the whole point of a ponzi is to trick investors into believing their investment is legitimate! This game displays [the] ponzi dynamic and all players are willing and knowing participants."It appears that in the early hours of 30th April, a coordinated double-spend attack was launched against the whitecoin network. The incident affected digital currency exchanges and mining pools, and has sparked questions regarding the future of the altcoin.A statement published on 1st May by whitecoin community member and developer Mogonzo detailed the attack.According to Mogonzo, the event took place in two stages.The first part of the attack involved a dedicated denial-of-service (DDOS) attack against the mining pool Chunkypools. This enabled the perpetrators to assume control of the network and gain control of the block chain.A time warp attack was then launched against several exchanges. This is a variation on the 51% attack, which involves artificially lowering the block difficulty in order to generate coins quickly.The attackers used the time warp attack to generate multiple blocks of whitecoins that were then sent to exchanges and sold. Cryptsy, MintPal and Bittrex were among the exchanges affected by the attack.In the statement, Mogonzo advised whitecoin users to avoid use of the existing wallet infrastructure:"We continue to discourage wallet use at this time until our update is provided. It's taken us some time to develop a full understanding of what happened, as well as develop a solution."At press time, representatives from the exchanges were reportedly meeting with members of the Whitecoin Foundation, the coin's community organisation, on coordinating deployment of the new wallets.A member of the blackcoin community has developed a piece of technology that offers a new level of functionality and convenience for personal users that is unique among altcoins.The BlackCoin Card, also known as the Cryptocurrency Express (CEX) Card, is a multi-gigabyte USB wafer that comes pre-loaded with a wallet and specialized software. Once the USB is plugged into a computer and connected to the network, it automatically updates balances and loads the most recent blocks from blackcoin block chain.Using a software trigger similar to CD-ROMS, the BlackCoin Card launches automatically upon system startup and brings up a user interface that includes wallet access, price indices and social media content published by the BlackCoin community.It should be noted that the BlackCoin Card is not a payment card. The developer told CoinDesk that it's meant to act as an easy-to-use introduction to the concept, as well as a simple means for distributing blackcoins."This is the first time the end-user can get started with crypto in just a few minutes without having to search the web for solutions."The BlackCoin Card is now available and may be purchased with dollars and BTC, as well as LTC, DOGE and BC.Facebookcoin (sign: FBC) is an unusually brazen entry into the pantheon of alternative digital currencies for its potential violation of copyright law in both its title and logo.As detailed on the Bitcoin Talk forum, facebookcoin is a variant of the "airdrop coin" in which a premined amount of coins is distributed among a given population.According to the coin's development team, only 5,040 facebookcoins are being mined prior to public launch.Registered Facebook users who belong to the coin's social channels are eligible to receive facebookcoins. Additionally, those who pay into an initial public offering (IPO) can also receive facebookcoins in exchange for bitcoins.CoinDesk reached out to Facebook for comment, but has not received word from the social media company.Have a tip about a notable happening in the altcoin world? Email CoinDesk at stan@coindesk.com The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Sadly the time has come where we must inevitably shutdown Blackcoin Pool. What an incredible experience it has been in the nearly two years since we first started Blackcoin Pool, from our humble beginnings to the blood, sweat, and tears poured into the Blackcoin Pool V2 and future releases, it would have never been possible without the dedication and support of the community. The Blackcoin Pool staff has worked tirelessly to maintain the pool, we’ve suffered (and always resolved) numerous DDoS attacks, we’ve poured gallons of cups of coffee (espressos preferably) on many sleepless nights resolving exchange issues, forks, coin attacks and scams. We’ve even had to deal with our hosting provider having it’s fibre optic cable cut from a car crash! For the crypto community as a whole, we’ve often been the whistle-blowers to alert the exchanges to issues (and scams) with coins, we’ve survived the Redcoin PoSV fiasco, along with countless others. We’ve seen the rise and fall of hundreds of coins and kept the pool running through every issue we’ve ever encountered all while supporting and simultaneously mining hundreds of coins at once using an advanced optimization algorithm. Just to put things into perspective, take this in for a moment. Every coin that’s ever been mine-able and on an exchange with stable liquidity we’ve mined, every coin that’s ever had an issue, ever switched from PoW to PoS, every coin that’s ever had a virus, backdoor, or other scam, we’ve analyzed, dealt with, and mined to maximum profitability. From our robust artificial intelligence system for liquidation altcoins, to our advanced optimization algorithm for mining altcoins. But alas, it seems that we’ve finally met our greatest challenge, our final boss, our ultimate end. Recent exchange issues and instabilities have made it impossible for us to continue reliably mining and liquidating altcoins, what used to take hours for us to liquidate, now can take days, due to the decline in the number of available altcoin exchanges and volume. The questionable legality surrounding the operation of a pool for customers in the US, in particular New York, due to the bitlicense has exacerbated the situation giving us no other choice than to shutdown Blackcoin Pool. We want to thank the Blackcoin and crypto community as a whole! we would have never made it this far without the help and support of you. Thank you to everyone who helped contribute their hashing power to assist in testing Blackcoin Pool V2 to ensure a smooth and steady launch. Thank you for those who helped report and track bugs and other issues so they could be resolved. Thank you to the exchange operators who helped resolve issues and accommodate our advance artificial intelligence trading bot. The pool has been running the entire time very steady and with almost no downtime thanks to all of your dedication and support. Lastly, a final look at the numbers over the years, it’s been an incredible ride. Blackcoin will live on and continue to be strong, however the stability and longevity of altcoin exchanges is not as secure. It is with great sadness that we say goodbye and farewell, the future is BLK. By clapping more or less, you can signal to us which stories really stand out. A lot of coins say they are going to the moon, but we are the only ones with a rocket ship. http://t.co/CK1nlZLQY1 !!!!!

The past week has been big on the altcoin promotional front, as shown by several marquee projects that are moving ahead or just getting off the ground. Let's take a look at some of the more noteworthy projects and initiatives happening in the alt world today. 'Dogecar' driver talks community strength NASCAR driver Josh Wise's dogecoin-sponsored journey resulted in a 20th place finish at Talladega this past Sunday. The race was a great one for Wise, who edged his way into the top five during the latter half of the race before slipping back in the standings. The event served as an unorthodox introduction to digital currencies for some spectators, as many at Talledega hadn't heard of the meme-themed dogecoin. But from Wise's perspective, it was a one-of-a-kind experience. "What made it cool was just the support of the community and the excitement around it. That's pretty unique from a sponsor." Wise also remarked that he wasn't sure if the partnership between dogecoin, reddit and his NASCAR team would continue. He said that the group was always looking for sponsorship but did not rule out further participation by the dogecoin community. The project to sponsor Wise cost $55,000. Blackcoin community taps tech PR firm The blackcoin community has hired a public relations firm to help it brand the altcoin and expand its potential market share. Max Borges Agency, based out of Miami, Florida, will conduct a 90-day multi-platform marketing campaign. The firm specializes in public relations for technology startups and initiatives. According to a draft marketing plan, the campaign will focus on targeting mainstream media sources, leveraging social media and promoting the coin as an investment opportunity. The campaign will reportedly cost $32,500, an amount that was fully crowdfunded in both digital and fiat currencies. According to blackcoin community leader Soepkip, the funding was raised over a 72-hour period. The marketing effort will focus on how blackcoin and other altcoins represent a new era of digital currencies, and make note of its eco-friendly status (owing to its non-mineable proof-of-stake protocol) and potential attraction to stock market participants. Quark teams up with Shaquille O'Neill A new video game featuring the likeness of NBA superstar Shaquille O'Neal will include quark as a payment option. Additionally, a special in-game item will be included that can only be obtained by using quark. Shaq-Fu: A Legend Reborn, is being developed by Big Deez Productions. It is a reboot of a 1994 game made for the Sega Genesis and Super Nintendo platforms that features a fictional O'Neal battling monsters from another dimension. The team behind the new Shaq-Fu raised nearly $500,000 on Indiegogo at the end of the fundraising period this week. The quark community helped raise funds for the project, which included several social media-fueled "thunderclap" campaigns, according to Vic McPherson, chief editor for Quark Press and member of the Quark Foundation. The partnership between the quark community and Big Deez Productions, along with Shaq, is expected to continue with expanded social media campaigns ahead of the game's launch. A new coin is leveraging its own block chain to make the coin harder to operate. Conceptually, the project is founded on the idea of an economy restricted by trade barriers. The result is that transaction times and actual coin creation are purposefully slowed down. For this, embargocoin has earned this week's Strange Alt of the Week award. According to the developer, miners must overcome "embargos" in order to process transactions and receive mining awards. This is the premise behind the 20 minute-long block times. The coin launched on 9th May with purposefully high initial difficulty, and at press time the mining difficulty had exceeded 6,000,000. Another aspect of the design, which the developer calls "trade sanctions", restrict early block rewards. After the first 251 blocks, the reward rises from 50 embargocoins until peaking at 500 embargocoins one month after launch. Have a tip about a notable happening in the altcoin world? Email CoinDesk atstan@coindesk.com. Images via BlackCoin.co, Facebook and Bitcoin Talk forum The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

The Ripple-affiliated cryptocurrency remains in the red due to its issuer's mounting legal troubles that prompted many trading suspensions/delisting announcements.

As reported by U.Today, Ripple Labs was sued earlier this week by Tetragon Financial Group, the investment firm that spearheaded its Series-C funding round, on the grounds that the U.S. Securities and Exchange Commission now views XRP as a security.

Both Polkadot (DOT) and ADA have already managed to surpass XRP, according to Messari, which has only counted the cryptocurrency's liquid market cap.

If Cardano indeed manages to flip XRP on CoinMarketCap, this would be the first time since July 2014 that XRP would no longer be among the five biggest cryptocurrencies. Back then, dead coins such as Nxt (NXR) and Peercoin (PPC) sat above it, while Omni (OMNI) and Blackcoin (BLK) — two other dinosaur cryptocurrencies you've probably never heard of — were in the top 10. After weeks of back and forth, Litecoin has now raced ahead of XRP, with its market cap now coming close to $10.8 billion.

Cardano is certainly far from being the only altcoin making insane moves right now.

At one point, Stellar (XLM), XRP's largest rival created by Ripple co-founder Jed McCaleb, was up over 120 percent at some point today. Chainlink (LINK), EOS (EOS) and NEM (XEM) have also recorded double-digit gains. Meanwhile, Bitcoin has pared some of its earlier gains, currently trading at about $34,400.

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