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In light of all the volatility in the market, Ripple delivers good news. Ripple develops its winning case by announcing that they will be partnering up with MoneyGram, but what does this mean?
Well, it means that by having MoneyGram on board which will pilot their new service called Xrapid, shows that there must be something more to Ripple than all the FUD news can confirm. This may lead to more interest from institutions, therefore, removing some of the anxiety people have about buying Ripple. The implementation of the blockchain technology is a step closer to proving its real-world use.
Ripple CEO Brad Garlinghouse, said, "XRP remains the most efficient digital asset for payments with transaction fees at just fractions of a penny, compared to Bitcoin fees of about $30 per transaction. Similarly, the average transaction time for XRP is 2-3 seconds with other top digital assets ranging from 15 minutes to an hour."
There has been a lot of FUD around them and speculation about who they will partner with, I have heard Amazon thrown around quite a lot but, for now, has been confirmed the partnership with MoneyGram will be moving forward.
The chief executive officer of MoneyGram, Alex Holmes, said, "Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid. We’re hopeful it will increase efficiency and improve services to MoneyGram’s customers.”
We all know MoneyGram, and I think this could have a big payoff for Ripple proving to spectators that they mean business, and is not just blowing air up our ... What do you think? Ripple to the moon?
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Ethereum Prices Plot Cautious Recovery as Korean Government Cools Trading Ban Rumors.
The cryptocurrency market is eyeing a cautious recovery after financial regulators in South Korea publicly stated that they do not agree with the cryptocurrency trading ban that has been proposed by the country’s justice minister. In the meantime, though, nearly every major coin is trading below its previous-day level, and the ethereum price has snapped its streak of positive returns.
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There's a lot of FUD (Fear, Uncertainty, and Doubt) about a ban on all cryptocurrency trading in South Korea today.
Many news agencies wrote about the police and tax authorities raiding offices from Bitcoin exchanges, but this hasn't been confirmed and seems nothing more than just rumors. Tax authorities have friendly visited some exchanges recently, but this is nothing unusual.
South Korea has a booming blockchain industry and I don't expect the government would harm this new and promising sector. The volume on South Korean cryptocurrency exchange markets is already higher than the volume on the country's main stock market. Would they ban this market? Think rationally! South Korea is not China. Protecting investors has a high priority though.
What we know is that the South Korean government is trying to ban anonymous trading accounts and prevent money laundering. There is no ban on crypto currency in South Korea right now and exchanges are all operating as usual.
Everything else is just FUD. South Korea is NOT banning cryptocurrencies! Don't believe the fake news from the mainstream media and do not sell your coins for a low price. Perhaps the South Korean government bought the dip today ;-)
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Peoples are now so much exited about cryptocurrency. At this moment everyone just want to grab crypto currency as much as possible. There are so many cryptocurrency available in market now. BITCOIN is best on of them. But there are so other currencies which price is continuously increasing. Ethum, Paccoin, Monero and much more.
Couple weeks ago RIPPLE was the leading currency. But suddenly RIPPLE price is down and others are increasing. There are some others like, Dogcoin, BITCOIN Cash, Dozcoin. I just love them.
BUT Steemit is the biggest platform. STD is over $8 now. So, STEEMIT users are increasing. Users increase their spending time and effort to make some good money from STEEMIT. I think this is a huge step to be your boss and steemit will help you through out the race.
So, don't be late. Just go with steemit and make some money guyz....
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The long time king of the Cryptocurrency seems to be struggling now to keep up with the pressure of some of other cryptocurrencies.
Ethereum seems to be the most challenging opponent for Bitcoin right now and Bitcoin seems to fall apart against it. In a few past days its been clear that with the up of Ethereum, Bitcoin falls and that clearly indicates that finance is being transferred from Bitcoin to Ethereum.
Earlier that was not the case, earlier whenever Bitcoin goes up, it used to pull all the cryptos with it but now things are changing, Ethereum clearly is now out of the league of Bitcoin and is in its own now and is pulling the finance from BTC.
For me. This is the ideal time to invest in Ethereum.
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Ethereum Price Achieves New All-Time High at $1,410, Market Shifts From Ripple to Ether. How often do we see this occur? Investors hop from one crypto to another to ride the tide. Will we ever have some loyalty in this market or will it forever be a hop around market with 0 stability?
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