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  • Bitcoin Portfolio Beats S&P 500 ‘Every Year’, Plus Ripple and XRP, Ethereum, Tron, Cardano, Monero, VeChain: Crypto News Flash

Bitcoin Portfolio Beats S&P 500 ‘Every Year’, Plus Ripple and XRP, Ethereum, Tron, Cardano, Monero, VeChain: Crypto News Flash

From Bitcoin vs. the S&P 500 to a new roadmap in the works at Cardano, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

According to a new analysis comparing portfolios with and without Bitcoin, a 1% allocation of BTC can significantly boost investors’ returns.

Independent analyst PlanB says holding 1% in Bitcoin in a 99% cash portfolio has historically yielded 10% returns, beating the S&P 500’s two-year risk/return mark “every year.”

S&P500, Gold & US 10Y Treasury bonds are on a nice risk/return-line. Investors can do slightly better by mixing assets and capture correlation.#bitcoin risk/return is another universe. 1%BTC + 99%Cash portfolio: 10% return + max 1% loss, beating S&P on 2Y risk/return EVERY YEAR pic.twitter.com/KZaBjXogom

— PlanB (@100trillionUSD) February 8, 2019

Ripple and XRP

The Brazilian cross-border payment platform BeeTech has released a new ad showcasing how Ripple’s technology is helping it create a faster and simpler way to move money.

Remessa, which is owned by BeeTech, recently revealed it plans to utilize XRP to power remittances in the future.

Cardano

Cardano’s road map is transforming. According to IOHK, the creator of Cardano, the new roadmap will be revealed in April.

“The Cardano roadmap is changing. We will be launching an exciting new roadmap which showcases the Cardano 2020 vision after the IOHK Summit, which will be taking place on April 17-18.

CEO Charles Hoskinson will outline this vision in his keynote speech and the roadmap will be relaunched with a renewed focus on this milestone. For the time being, we will be removing the timer on the roadmap page as well as publishing intermittent updates about important software releases.”

Tron

The top three decentralized apps (DApps) are all running on the Tron network, according to DappRadar. The list is sorted by most users in the last 24 hours.

Monero

The lead programmer of Monero says the coin is designed to be a currency and not an investment. Riccardo Spagni told Forbes the platform’s focus is on giving people the basic human right of privacy.

“The way all our data has just sort of been splurged online through hacks and compromises and malware and sometimes our own stupidity, we’re in a situation where privacy-preserving projects are a necessity.”

Although Monero is designed to hide wallet addresses, Spagni says many people don’t realize it can be audited – if the wallet owner decides to hand over the info.

“Monero is auditable. You can take the view key and you can give it to a third-party auditor or the IRS. Since the view key feature is cryptographically linked to your wallet, there’s a guarantee no one can manipulate or hide certain transactions associated with the wallet address.”

VeChain

The team at VeChain just announced new bounties and an app development challenge.

“In order to boost the application development and make people aware of VeChainThor blockchain’s features, we are excited to announce three ongoing developer bounties and the Application Development Challenge.

This challenge, entitled VeChain Application Development Challenge leading up to the VeChain developer conference — VeChain Summit 2019 scheduled on April 18 at Fort Mason, San Francisco, will have a total reward pool of 40M VETs. Teams will also be showcased by the Foundation and ecosystem builders to various enterprises and funds that are looking to bolster their influence within this space.”

Ethereum and Breaker

The Ethereum-powered entertainment platform Breaker (formerly known as SingularDTV) has released its first on-demand film called ‘Prospect’. Breaker is designed to give people the power to distribute films and albums utilizing smart contracts to ensure funds are properly and automatically distributed to the creators.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.