Ripple’s class-action lawsuit takes a step further as court sets schedule for next year

Ripple’s long-pending class action lawsuit has taken a step further as the courts have denied the plaintiff’s motion to move the case to the state courts and asked the plaintiffs to appoint a lead plaintiff/class representative.
There are four cases against Ripple that allege that XRP is a security and that Ripple violated state and federal laws by failing to register it as a security. The four cases were brought forward by Zakinov, Oconer, Coffey, and Greenwald.
Jake Chervinsky, a lawyer at Kobre & Kim LLP, tweeted the developments:
“Last month, the federal court denied the plaintiffs’ motions to return to state court, so the case will now stay federal.
At the time, I called this a “minor but meaningful” victory for Ripple. It’s a battle they fought hard to win, but a small one at the start of a long war.”
The judgment on the class action suit as explained by Jake Chervinsky is binding on the whole class. If Ripple resolved one class action, it would mean that XRP wouldn’t be labeled as “security” for all the plaintiffs.
The court has set a schedule for the litigation this year and the next phase of litigation include appointing a lead plaintiff, re-filing a consolidated complaint, and responding to the complaint. The court has provided the plaintiffs until May 20, 2019, to appoint a lead plaintiff and select a counsel for representing the class lead plaintiff.
Jake Chervinsky explained the next step in his tweet:
“… after lead plaintiff & lead counsel are appointed, the Court’s order gives them 45 days to file a new consolidated complaint asserting every legal violation that the class believes Ripple committed. At the very earliest, the consolidated complaint will be due in July.”
Ripple will be provided 45 days to respond to the consolidated complaint by the lead plaintiff, and it could take until September 2019 for Ripple to come up with a response on the matter. As suggested by Chervinsky, Ripple could also respond to the complaint by motion to dismiss, giving Ripple 30 additional days to reply.
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Source: AMB Crypto

Amazon Partners with Worldpay: Is e-Commerce Behemoth Getting Closer to Ripple?

Amazon Partners with Worldpay: Is e-Commerce Behemoth Getting Closer to Ripple?
Amazon and Worldpay have announced their partnership in the framework of which Worldpay will fully enable Amazon Pay for its merchants.
Amazon Partners with Worldpay: Is e-Commerce Behemoth Getting Closer to Ripple?

Continue reading at Coinspeaker
Source: CoinSpeaker

Ripple Price Analysis: XRP Flirts With Key Resistance Amid Sell-off

Ripple price failed once again to break the $0.3200 resistance and declined sharply against the US dollar.
The price broke the key $0.3125 and $0.3100 support levels to move into a bearish zone.
There is a major bearish trend line formed with resistance at $0.3110 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently correcting higher, but it is facing a solid hurdle near the $0.3100 pivot level.

Ripple price declined heavily and turned bearish against the US Dollar and bitcoin. XRP/USD may consolidate in the short term and upsides are likely to remain capped near $0.3100 and $0.3120.
Ripple Price Analysis
There was another attempt by ripple price to clear the $0.3200 resistance against the US Dollar. The XRP/USD pair failed to gain momentum, resulting in a sharp bearish reaction. The price started a significant decline and broke the $0.3150 and $0.3140 support levels. The decline was such that the price even broke the key $0.3100 support level and the 100 hourly simple moving average. A new weekly low was formed near the $0.3000 level before the price started an upside correction.
Buyers pushed the price above $0.3050 and the 23.6% Fib retracement level of the last drop from the $0.3199 high to $0.3005 low. There was even a break above the $0.3080 resistance, but the price faced a strong resistance near the $0.3100 level. The stated $0.3100 level acted as a support earlier and now it is preventing gains. Besides, the 50% Fib retracement level of the last drop from the $0.3199 high to $0.3005 low is also near the $0.3100 resistance. More importantly, there is a major bearish trend line formed with resistance at $0.3110 on the hourly chart of the XRP/USD pair.
Therefore, the price is likely to face a strong selling interest near the $0.3100 level. The next key resistance is near the $0.3125 level since it coincides with the 100 hourly SMA. On the downside, an initial support is near the $0.3060, below which the price could revisit the $0.3000 support level.

Looking at the chart, ripple price moved into a bearish zone, with a close below $0.3100 and the 100 hourly SMA. In the short term, there could be range moves between $0.3060 and $0.3125 before the price makes the next move. On the downside, if buyers fail to defend the $0.3000 support, the price may slide towards the $0.2920 support.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is slowly moving into the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently moving higher towards the 45 level.
Major Support Levels – $0.3060, $0.3040 and $0.3000.
Major Resistance Levels – $0.3100, $0.3120 and $0.3125.
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Source: New

xRapid will not ‘flip the switch’ on XRP price, say prominent XRP community enthusiasts

XRP, the cryptocurrency closely related with the company Ripple, has been at the center of speculation and arguments, with respect to xRapid and XRP’s price.
There have been a lot of accounts on Twitter promoting the fact that the price of XRP will rise and shoot to the moon, after banks and financial institutions start using xRapid for cross-border payments.
The most famous theory put out by people was the price of XRP hitting $589 by the end of 2018, which didn’t happen.
However, a recent conversation started by prominent XRP enthusiasts, has suggested that xRapid would not massively affect the price of XRP.
Nayer Malik [@sinjunsmyth], a Twitter user, stated,
“@galgitron @Hodor @jungleincxrp @C3_Nik …Guys what r ur thoughts on Bob Way’s view regarding X-Rapid usage not increasing the price in and of itself?”
In response, Galgitron [@galgitron], a prominent XRP enthusiast and a contributor to the XRP community, added that he had “been saying that all along.” In one of his blogs Galgitron stated,
“Sure, there may be some massive FOMO buy-in once banks announce they are starting to use xRapid, and that will send the monkey [price action] hundreds of feet into the air, but, only speculation creates parabolics..”
C3|Nik [@C3_Nik] acknowledged the above and replied,
“It was seen like blasphemy to say that xRapid would not move prices that much by itself (e.g. “not the flip-the-switch kind of event”). It is interesting that the people who spread that narrative and misled others still have so many followers. Selling dreams.”
A Twitter user, @Crypt_Megalodon, voiced his opinion, which was different from the others. He tweeted,
“Well when you consider the US money supply being 15 trillion alone, the XRP cap doesn’t worry me. If/when XRP becomes the standard world wide, inflation will be rapid with mass adoption. I agree, with years, but, the value can be prodigious! The cryptoloution has already started.”
Considering the price of XRP at press time was only $0.31, and that there were more than a couple of Ripple customers that had already started using xRapid for cross-border transactions, the increase in the price of XRP due to xRapid seemed highly unlikely.
The post xRapid will not ‘flip the switch’ on XRP price, say prominent XRP community enthusiasts appeared first on AMBCrypto.
Source: AMB Crypto

Ripple Might Lose Its Banking Partnerships Due to the JPM Coin Phenomena

JPM Coin caused an uproar in the cryptocurrency and financial market with its introduction of the JPM coin. However, the chaos was non-directed; the purpose of JPM Coin was unknown. Moreover, its contribution or competition to the cryptocurrencies was also unclear.
Nevertheless, JPM coin received harsh criticism from the crypto community including Ripple’s CEO Brad Garlinghouse. The reason cited for the same was lack of interoperability. The general perception is that JPM coin is as an isolated centralized cryptocurrency. However, it seems that there is more to it that it meets the eyes.
Beginning of a Banking/Blockchain Revolution?
JPM Coin is built on a distributed ledger based on Blockchain. While the JPM coin does not add any economic value to the system, a variety of centralized blockchains can be made to interact with each other. Hence, JPM coin might not just be an isolated incident but the beginning of a Blockchain revolution in banking.
Proposed Schematic Diagram Of JPM Coin
According to Aaron Brown from Bloomberg:
” it (JPM) is designed to interact with any “standard” blockchain. It needs to be a blockchain to play with other blockchains and I think the distributed ledger means that JPM Coin will circulate outside the JPMorgan private blockchain. Those other ledgers might be private or public, centralized or distributed (probably mostly private and centralized), but the overall system is distributed. ”
Tokenization of the Economy
Furthermore, the increased interoperability between banks might also start to include other institutions in it. Hence, the centralized or decentralized entities will get an opportunity to transact in that ‘token’ as well.
While this will help the cryptocurrency markets as a whole, it might hurt the price of Ripple’s XRP massively. Until now the XRP’s investments are majorly driven on its partnerships with banks and financial institutions. Therefore, if JPM cryptocurrency starts to provide utility and execute transactions as efficiently as XRP; XRP’s demand would decrease considerably as Ripple would start losing its partners.
 “I think JPMorgan will earn seigniorage creating JPMCoin. I think the exciting potential is circulation outside the JPMorgan private blockchain.”
The post Ripple Might Lose Its Banking Partnerships Due to the JPM Coin Phenomena appeared first on Coingape.
Source: CoinGape

XRP/USD Price Analysis: Coin stagnates even after massive adoption news

The third largest cryptocurrency, XRP, was moving sideways for almost two months, without any price surge or drop. The price was stuck between a support and a resistance, and it didn’t look like it will break out any time soon.
The price of XRP at press time was $0.3217, while the market cap was at $13 billion. The 24-hour trading volume was $801 million. A huge chunk of the trading volume for XRP was coming from ZBG exchange. It contributed a total of $92 million in trading volume, via the XRP/USDT trade pair.
Source: TradingView
The hourly chart for XRP showed an uptrend that extended from $0.3072 to $0.3187, while the downtrend extended from $0.3445 to $0.3257. The immediate support was at $0.31608, while the subsequent supports were at $0.3038 and $0.2928. The immediate resistance was at $0.3260.
The Bollinger Bands were undergoing a squeeze and indicated a reduction in the volatility of XRP. The price was dipping into the simple moving average, and indicated that the market was bearish.
The Stochastic RSI indicator showed a bearish scenario as well, but a stronger one when compared to the Bollinger Bands.
Source: TradingView
The one-day chart of XRP showed a downtrend that extended from $0.9027 to $0.3220. The price of XRP in the longer time frame showed the support at $0.2587. The resistance points for XRP were at $0.5836, $0.6880, and $0.9027.
The MACD indicator showed a declining uptrend i..e, the green Aroon line. The Aroon downtrend line was also reducing.
The Chaikin Money Flow indicator showed a subzero CMF line, which signified that money was flowing out of the XRP market.
The Relative Strength Index showed a stagnant RSI line at the 50-line, where the momentum of sellers and buyers were equal.
The one-hour chart showed bearish pressure for XRP incoming, as indicated by the Bollinger Bands and Stochastic RSI indicators. The CMF, Aroon and the Relative Strength indicator showed a bearish trend for XRP as well.
The post XRP/USD Price Analysis: Coin stagnates even after massive adoption news appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Bull Returns, Predicts Targets For Bitcoin, Ethereum, Ripple, Litecoin

Ever since Bitcoin’s break of its parabolic advance in December 2017, the entire crypto market has been locked in a brutal bear market that’s resulted in companies going under, widespread layoffs, and investors and miners capitulating. Even the largest cap coins, Bitcoin, Ethereum, Litecoin, and Ripple, all have fallen 85% or more from their all-time high prices.
The lack of bullish price momentum has caused many long-term bulls to sit on the sidelines, waiting for the bear market to end. One prolific Ethereum technical analyst that earned a reputation during the last bull run, has come out of an over 20-month-long hibernation to post some extremely bullish price charts for Bitcoin, Ethereum, Litecoin, and Ripple – complete with wild price targets and predictions on when to expect each coin’s price to break out.
TA Expert Returns With Bold Price Predictions for Bitcoin, Ethereum, Ripple, and Litecoin
Twitter and Reddit user ScienceGuy9489 has been missing from the crypto scene since June 2017, long before Bitcoin went parabolic and experienced a subsequent correction that led to a long, arduous bear market.
In just a short while back, ScienceGuy9489’s charts have already topped Reddit, predicting that “we are set for the next bullrun,” but its his Twitter posts that have the crypto community buzzing. In the most recently shared charts, the trader has predicted the breakout dates for Bitcoin and Ethereum, as well as price targets for the two cryptocurrencies, along with Ripple (XRP) and Litecoin.
Related Reading | One Simple Chart Proves Altcoin Season Is Upon Us
The trader suggests that Ripple is “set up for a break out opportunity” currently, as it is brushing up against key downtrend resistance dating back as far as the nearly $4 top set back in early January 2018. In fact, the analyst is calling for a breakout price target of $4 on Ripple.

#Ripple #XRP set up for a break out opportunity at at moment.
— ScienceGuy9489 (@ScienceGuy9489) March 20, 2019

Litecoin, he says, which has led the recently bullish momentum over the past few weeks, is “trying to breakout” currently. For the cryptocurrency created by Charlie Lee, ScienceGuy9489 set a price target for $650, which would set a new all-time high for Litecoin.

#LTC is trying to breakout. Other coins are also moving positive moves.
— ScienceGuy9489 (@ScienceGuy9489) March 16, 2019

On his Ethereum chart, which is the trader’s cryptocurrency of choice, he expects an oddly specific breakout date of April 24, 2019 with a price target of $2090, which would also set a new high for the smart contract-supporting crypto.

ETH should be breaking out by April 24th
— ScienceGuy9489 (@ScienceGuy9489) March 11, 2019

Finally, with Bitcoin, the king of all cryptocurrencies, the trader has set the “liftoff date” at April 11, 2019, just a mere few weeks away. The price target for Bitcoin’s breakout? A new all-time high of $28,100.

BTC Liftoff Due Date: April 11, 2019
— ScienceGuy9489 (@ScienceGuy9489) March 11, 2019

Anyone viewing these charts and the outlandish price targets might be left scratching their head, however, it’s rare the entire cryptocurrency community gives one analyst such attention, and it’s even more unique to find a crypto analyst who disappeared during the last bull run, only to return again as the bear market is ending.
Related Reading | Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions Long-Term
As for if the trader’s lofty predictions actually will play out, only time will tell. But it is certain that the entire crypto community will be watching closely to see if either the breakout dates are targets are reached with any accuracy.
Featured image from Shutterstock
The post Crypto Bull Returns, Predicts Targets For Bitcoin, Ethereum, Ripple, Litecoin appeared first on NewsBTC.
Source: New

XRP: Coin gets adoption push as developments in ecosystem reach all-time high

XRP, the third largest cryptocurrency in the world, is fast approaching massive adoption as developers and other creators huddle together and add value to the XRP environment.
Rain is a Sharia-compliant cryptocurrency exchange in the Middle East, and XRP made its way onto the platform on 21 March, 2019. XRP is the fourth cryptocurrency listed on the exchange, after Bitcoin [BTC], Ethereum [ETH], and Litecoin [LTC].
According to the Saudi Gazette, Rain graduated from the Central Bank of Bahrain’s (CBB) Regulatory Sandbox on 26 February, 2019. The Saudi Gazette stated,
“To add more legitimacy and gain the trust of its customers, Rain also announced that it had passed a Sharia compliance certification. The Sharia-compliance certification was completed by Shariyah Review Bureau (SRB). SRB is licensed by the Central Bank of Bahrain as a Sharia Advisory firm authorized to issue Sharia compliance certifications.”
XRP Adoption
Microsoft Outlook
A developer, SchalaubiDev, recently developed an add-on for Microsoft Outlook, which would allow users to send XRP to other users easily. This add-on is currently up and running on Outlook 2016, with support for Office 365 in the works. The developer also added that the same functionality would be added to Gmail as well.
XRP is being accepted by various exchanges around the world, the most recent in the ecosystem being the coin getting added to PayGlobal’s ATM bank card payouts.

UPDATE: Community asked for it, and they now get it. XRP is now live on @Payglobalme You can easily exchange XRP to fiat and send to your existing bank card or bank account and in the UK you can get cash at ATM's with no bank card needed. #XRP #buidl #Crypto
— PayGlobal (@Payglobalme) March 19, 2019

The addition of XRP on its platform came nine days after a poll conducted by PayGlobal. With PayGlobal, users can directly shift from crypto to fiat using their existing bank cards.
Price of XRP 
David Schwartz, the CTO of Ripple, spoke at the SXSW Conference recently, giving his insights on Ripple, XRP, and the things that the company is focusing on. He wanted XRP’s price to be linked not to the company Ripple, but to the ecosystem concerning XRP and Ripple. He added that the price of XRP might be tied to the success of Ripple.
An XRP enthusiast, XRP Research Center, tweeted,

This week
17@SchlaubiD TipBot-Outlook
18@coinberryio @2gether_global add XRP@BinanceJE XRP soon
19@Payglobalme @digitec_de @Galaxus @VALRdotcom add XRP@WietseWind XRP Fund suggestions@InstaReMit raises 20M
20@travalacom @rainfinancial add XRP@MoneyNetInt: @ThePaypers
— XRP Research Center (@XrpCenter) March 20, 2019

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Source: AMB Crypto

Ripple (XRP) Under Pressure Within a 4 Cents Range

Ripple prices oscillating in a 4 cents range
xRapid adoption will catalyze XRP interest
Average participation levels more than half those of Feb 24-2.

Aside from IBM’s World Wire–which would in a way loosen banks allowing these conservative intermediaries to experiment with digital coins, Ripple enthusiasts are watching xRapid and how banks are responding to its value proposition. By using XRP, fund transfer will be faster and cheaper benefiting both parties. If banks are interested, prices of Ripple (XRP) will edge higher as demand increase.
Ripple Price Analysis
Mercury FX is one of the few processors that leverage, xRapid, one of the three Ripple Inc suites designed explicitly for blockchain based cross border payment processing. With strategic offices in London and South Africa, Mercury FX is changing remittance.
According to Alastair Constance, their CEO, the processor processed $1.8 billion worth of transactions through their London office. However, they expect his figure to rise in days ahead now that they “are actively working with Ripple to market to expatriate Filipino and Mexican communities” and “steaming ahead…. looking for more jurisdictions and more flow to the jurisdictions they have already opened up.” As ideal as this may appear, Constance points out regulation and capital controls as obstacles preventing their fast expansion.
Candlestick Arrangements

Like before, Ripple (XRP) prices are under pressure and trending within a 4 cents range. As a result of this extended consolidation, none of our trading conditions are live. Nonetheless, our bullish stance is applicable and ideally, what we would like to see as a build up to higher highs is an increase in transaction volumes.
If that prints out and volumes remain constant, then a breakout would be on the cards. That would confirm—assuming prices rally above 40 cents—our bias or nullify our trade plan if XRP sinks below 30 cents.
Before then, the best trade plan is to remain on the sideline now that prices are inside Feb 24—25 counter bars. It is when a definitive trend takes shape that traders can participate depending on the direction of the breakout.
Technical Indicators
Participation is low averaging 15 million by Mar 20 close—data streams from BitFinex. If anything, this points to disinterest and starkly contrasts those of Feb 24 and 25 whose averages were 32 million. Unless otherwise, and as emphasized in previous trade plans, there is a surge above 65 million–triggering a rally or a meltdown—both sets of traders should remain on the sideline until a clear trend prints out.
Chart courtesy of Trading View
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Source: New

SBI Holdings Inc. establishes separate subsidiary to increase promotion of MoneyTap

SBI Holdings Inc., a Japan-based company that is solely focusing on improving the payment infrastructure in Japan, recently announced the establishment of a subsidiary, Money Tap Ltd., to increase promotion of the MoneyTap application.
The subsidiary was set up on March 19, 2019, in Tokyo, and Katsumi Kawashima will be the president and representative director of the subsidiary. The establishment was granted ¥100 million as capital during the time of establishment, which would be increased in the future.
The blog on SBI Group’s website stated:
“The newly established Money Tap will evolve its domestic and foreign exchange consolidation consortium developmentally and take over its role, as well as for banks and general users to drive the rapidly expanding cashless flow. Plan to provide service more quickly.”
In addition, the blog stated that SBI Group started offering MoneyTap application for smartphones, which is based on distributed ledger technology and allows real-time transfer of money to users and banks.
It is powered by DLT to allow a quick, safe, and comfortable money transfer in a country where transactions can only occur on weekdays between 8:30 am and 3:30 pm., with heavy delay otherwise. The app promises 24/7 payments, thus offering customers of the Japan Banking Consortium, which holds over 80% of all the banking assets in the country, a way to transfer value with ease.
The launch of MoneyTap is aimed to reduce the drastic wait times by eliminating archaic transfer methods. MoneyTap allows users to make transfers to bank accounts, phone numbers, or QR codes linked to the accounts.
The blog stated:
“Money Tap will further accelerate innovation by further promoting the introduction of new technologies, etc. with the full cooperation of Ripple in the United States, and in addition to participating in the foreign exchange consolidation consortium, other financial institutions.”
@bechokoy_betts, a Twitter user, commented:
“Money tap going to be the next venmo… Instead of venmo me itll be send me a tap or tap it to me.”
The post SBI Holdings Inc. establishes separate subsidiary to increase promotion of MoneyTap appeared first on AMBCrypto.
Source: AMB Crypto

IBM World Wire Loosen Banks, Bullish for Ripple (XRP)

Ripple prices flat
Stellar—IBM partnership and roll-out of World Wire bullish
Transaction volumes must spike above 60 million for bulls or bears to be in charge

IBM involvement is a game changer. Although they are launching from Stellar, their confidence in blockchain could see banks experiment with crypto. In that case, some may decide to leverage RippleNet thereby boosting XRP prices—especially if they opt to use xRapid.
Ripple Price Analysis
Optimistic as we may, we also recognize that banks are conservative. Before experimenting with new technology, it is unusual for them to demand demonstrations with cogent explanations as to why they should shift. However, it is the entry of IBM and Big Blue’s decision to launch a similar service in World Wire, which somehow competes with Ripple.
From public data, both promise to cheap and instantaneous fund transfer in a secure medium via digital assets—XRP in Ripple and stable coins of even fiat in World-Wire. Ripple utilizes their proof of correctness ledger while IBM has a rather fruitful partnership with Stellar Network.
The same person, Jed McCaleb founded these ledgers. Nevertheless, a game changer in this situation is IBM track record in banking. By actively offering solutions for financial institutions as they aim to improve customer experience by “building agile core banking systems, offering innovative payment services and optimizing enterprise risk management,” banks will be willing to experiment with the idea of unregulated, decentralized money.
That means, with the field open, some may decide to join a more mature ledger actively working with regulators from all over the world in RippleNet, therefore, increasing Ripple’s customer base.
Candlestick Arrangement

All the same, Ripple (XRP) prices are under immense sell pressure. At the time of writing, the third most valuable coin was up 1.6 percent from last week’s close with a market cap of $13 billion meaning the gap between ETH—XRP is widening.
Despite this “insurmountable” sell pressure, we are optimistic of price surges. Backing our stance is strong supports at 30 cents. In the last three months, sellers have been unsuccessful and yet to drive prices below 30 cents as prices consolidate within a tight 4 cents trade range.
Unless otherwise there are breaks below this support level, it is highly likely that the result of this accumulation is a strong breakout above 40 cents mirroring gains of late Sep 2018.
Technical Indicators
By yesterday’s close, participation was low at 6 million averaging 14 million. Since we are bullish, we expect prices to spike. Complementing this is increment would be high volumes exceeding 60 million.
The post IBM World Wire Loosen Banks, Bullish for Ripple (XRP) appeared first on NewsBTC.
Source: New

XRP Price Analysis: XRP/USD is Getting Ready for the Breakout

XRP Price Analysis: XRP/USD is Getting Ready for the Breakout
XRP price will rally to the north and make the supply level of $0.33 if the bullish candle breaks the $0.32 level close above it. Should the Bears prevail over the Bulls; the XRP price will decline towards $0.30 level and face the $0.28 demand level.
XRP Price Analysis: XRP/USD is Getting Ready for the Breakout

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Source: CoinSpeaker

XRP adoption goes mainstream: Users can send XRP via emails with a simple add-on

XRP adoption has been slowly gaining traction as developers are looking to integrate XRP and develop new applications which have actual use-cases.
A developer, SchalaubiDev [@SchalaubiD], posted on Twitter that he developed an add-on, which when installed would allow users to send XRP via email.
The developer posted a screengrab of the add-on installed on Microsoft Outlook, which also showed the XRP received. Wietse Wind, the developer of TipBot and the lead for XRPL Labs, which is funded directly by Ripple, helped him with the API on the project.
Source: Twitter | SchlaubiD
However, the project is not open source yet, but the developer said he had plans to make it open source in the future. With the add-on, users can send and receive XRP directly to other users via email and the receiver doesn’t need to have an XRP address.
The sender needs to enter the desired amount of XRP, which will be sent to the receiver via the XRP TipBot after the email is sent. The recipient will immediately receive an email from MoneyMessage with the access data. The XRP received can be withdrawn by the user at any time to the desired XRP wallet.
The only necessity is that the users should have XRP TipBot to use the aforementioned facilities. Moreover, the maximum amount of XRP that can be sent is limited to 20 XRP.
This add-on is currently up and running on Outlook 2016 with support for Office 365 in the works. The developer also added that the same functionality would be arriving in Gmail as well.
@John_S_cothill, a Twitter user, commented:
“Congrats, this looks ace! Possible Gmail extension in future for the businesses that have moved away from Outlook (its a growing proportion), and personal users?”
@bigbuckor, another Twitter user, commented:
“This would be yet another revolution in the way we send money…with this, who would need Western Union?!”
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Source: AMB Crypto

Two ‘Major US Banks’ May Soon Issue Own Cryptos on IBM World Wire, Is Ripple Under Threat?

Two ‘Major US Banks’ May Soon Issue Own Cryptos on IBM World Wire, Is Ripple Under Threat?
IBM announced that two major US banks may soon offer their own cryptos on the IBM World Wire amidst growing concerns that Ripple’s dominance in this global remittance space may be under threat.
Two ‘Major US Banks’ May Soon Issue Own Cryptos on IBM World Wire, Is Ripple Under Threat?

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Source: CoinSpeaker

Ripple’s XRP on adoption spree; Toronto-based Coinberry adds cryptocurrency

Coinberry, the Toronto-based, FINTRAC-registered cryptocurrency trading platform, announced the addition of XRP, a cryptocurrency on a massive adoption run lately. With the latest development, Coinberry has enabled the trading of all four of the world’s largest digital assets, on its trading platform.
Coinberry posted,
Source: Twitter
Ripple’s native token has witnessed widespread adoption, both by institutional players like banking establishments, and payment networks, who plan to leverage its speed and scalability. In a recent poll by UK-based firm, PayGlobal, XRP was voted as the most sought-after crypto by the community. This resulted in the payment company prioritizing the digital coin, XRP, over other cryptocurrencies.
The coin further gained popularity and wider access after being added by exchanges like Binance and Coinbase. Last week CZ’s Binance announced support for XRP on its Trust Wallet, which already had support for Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], Bitcoin Cash [BCH] and other ERC 20 tokens. This enabled the exchange’s wallet users to access the digital coin via credit card.
Coinbase and Coinbase Pro had previously listed support for XRP on its platform, along with other major crypto assets such as Bitcoin [BTC] and Ethereum [ETH], following the launch of its new Wallet App.
The post Ripple’s XRP on adoption spree; Toronto-based Coinberry adds cryptocurrency appeared first on AMBCrypto.
Source: AMB Crypto