$0.46852 0.90%
XRP · 23w

The top 5 cryptocurrencies to watch in 2019

Market sentiment is changing constantly, requiring individuals to adapt their views. As crypto projects grow, stall, or even die, people must change their expectations and speculations. That being said, here are five crypto assets to watch in 2019.

1 – Bitcoin (BTC)

This one may be a somewhat obvious pick. Nevertheless, bitcoin has a lot going for it. It has the most institutional interest, by far.

The Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) employed their cash-settled bitcoin futures over a year ago, boosting institutional interest, as well as bitcoin’s credibility.

Last year also saw a mass influx of further institutional interest in bitcoin that will carry over into 2019. Interest includes multiple bitcoin exchange-traded fund (ETF ) proposals and Intercontinental Exchange’s (ICE) much-anticipated Bakkt platform with bitcoin-settled futures trading.

Bitcoin is also the crypto industry’s largest asset, making up 51.8% of the market cap for the whole asset class according to CoinMarketCap at the time of this writing.

Bitcoin is also at more than a 75% discount from all-time highs, priced at just over $4,000 on Blockmodo at the time of this writing.

In last year’s interview with YouTuber CryptoBobby, notable bitcoin maximalist Tone Vays also mentioned several points as to why bitcoin stands out from the numerous other projects in the crypto space.

2 – Monero (XMR)

Monero is another project of interest for 2019. Monero is different than bitcoin, in that it employs anonymity features.

Bitcoin can be anonymous as well, but requires added steps to do so, including buying bitcoin over-the-counter (OTC). Monero makes the anonymity process simpler (although Tone Vays and his group have questioned Monero’s anonymity potential).

Additionally, Monero is an interesting choice because unlike most crypto assets, Monero was built using different code than bitcoin, an...

Continue on cryptoinsider.com
Recent news