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Ripple’s XRP was the most profitable cryptocurrency last year by a long shot. There was no other cryptocurrency even close to it. It attained an incredible $3.00 peak last January only two weeks after exceeding the $1.00 mark.
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A new Mac-based cryptojacking attack was reported this prior week on Apple’s forum, forcing clients to run software that mines privacy coin monero unwittingly.
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According to a Report, the Indian government is weighing to impose Goods and Service Tax (GST) on digital currency trading.
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Revolut, a UK Fintech startup, recently announced via the Twitter platform, plans to list Ripple (XRP) on their mobile app. Head of Marketing and communication at Revolut, Chad West mentioned in the tweet a screenshot implicating the app is in the process of adding the coin.
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Russian Sberbank CIB and telecoms company MTS has declared what they tell is the nation’s first commercial bond transaction made using blockchain.
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Currently, Ripple holds gains around $7200 above the support level against the US dollar. According to observations, there is a significant rise to support at $0.7300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may rise in the coming term if buyers succeed in cracking the $0.7500 and $0.7580 resistance levels.
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After the launch of XRP, the cryptocurrency faced two significant problems, the poor application of decentralization and the influence of parent company over it.
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Oracle Corp. is going to explore Blockchain Softwares beginning from this month after collaborating with the increasing list of companies offering products that utilize the digital-ledger technology behind Bitcoin.
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Microsoft Co-founder Bill Gates Says He will Bet against Bitcoin if he Could
On Monday Microsoft co-founder Mr. Bill Gates said he would bet against bitcoin if he could.
Bill Gates said on CNBC’s ‘Squawk Box’:
“As an asset class, you’re not producing anything, and so you shouldn’t expect it to go up. It’s a pure ‘greater fool theory’ type of investment.”
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XRP investors are eagerly waiting for the most awaited news of XRP hitting $1 while in the case of Ripple; the company is awaiting the release of xRapid and its full-fledged implementation. In spite of being so close to the $1 mark since some weeks, XRP has not been able to reach the target because of the dramatic price swings that took place in the market recently.  XRP has been swaying back and forth from $0.8 to $0.9 from mid-April to date.
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According to CNBC, Mr. Warren Buffett the Billionaire investor and Berkshire Hathaway’s Chairman and CEO reemphasized his negative stance towards digital currencies at the annual meeting of his company on Saturday 5th May. Mr. Buffett quoted his idea that digital currencies will come to a “bad ending,” and asserted that Bitcoin is “probably rat poison squared.”
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Wall Street’s first analyst Nick Colas has new recommendations for investors, and he says to avoid buying it.
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A complaint has been filed against the distributed ledger startup Ripple by an investor who claims to have lost money while trading with XRP accusing Ripple of violating state and federal securities laws.
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This week, Commodity Futures Trading Commission (CFTC) officials spoke regarding regulating cryptocurrencies, and they noted the requirement for cooperation among their agency and another powerful U.S. regulator, the Securities and Exchange Commission (SEC).
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According to the reports, Investment banking company Goldman Sachs would utilize its own money to trade bitcoin futures on behalf of its clients.
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Ripple is undoubtedly one of the most stable cryptocurrencies as well as the most famous altcoins that presently subsist in the cryptocurrency market. Bitcoin, being the most well-known and influential cryptocurrency till date, is responsible for the individual price and market capitalization of a notable number of altcoins. Hence, with Bitcoin’s confusion, almost the entire crypto-market suffered from extreme damages and volatility.
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Ripple, a San Francisco startup revealed on Thursday that five remittance providers which include U.K.-based RationalFX, FairFX, and Exchange 4 Free, as well as Georgia’s UniPay and MoneyMatch established in Malaysia.
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Bitcoin prices surpass $9,400 today, pushing higher as the market gains from the return of the positive sentiment.
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Ripple plans to throw a VIP gathering featuring Snoop Dogg. Ten tickets will be given away of the event on Twitter.
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Elio Motors, a troubled automotive StartUp is launching its own cryptocurrency with an aim to fund the production of its three-wheeler vehicle. The company is starting ElioCoin. It is offered to the investors with help from financial firm Jones Trading and online retailer Overstock.com, which will further become an Elio investor.