How Ripple could become the second-largest cryptocurrency by market capitalization:
https://bitcoingarden.org/ripple-become-second-largest-cryptocurrency-market-capitalization/The main reason for the growth in demand for Ripple (XRP) in late December and early January were reports by American Express and Banco Santander about the readiness to use cryptocurrency for cross-border payments.In addition, the system of international payments on the basis of the blockade Ripple began to test the banks of Japan and South Korea. From the beginning of January, an association of the largest Japanese credit card issuing banks will work, which will explore the possibilities of using a detachment to track credit card transactions.
However, Ripple’s volatility is connected not only with positive news, but also with the probability of artificial price manipulation. There are talks that Bithumb is not able to sell Ripple at a price below a certain level on South Korea’s largest currency exchange. Orders are automatically canceled. It is important to note that this exchange has more than a quarter of the volume of trading in the cryptocurrency, so the opportunities for manipulating the exchange rate are quite real....
