Bold predictions on cryptocurrency prices can always be taken with a huge pinch of salt. If it were that easy to predict the price of Bitcoin, or Ripple in this case, we would all be driving Lambos. One analyst, however, is confident that the price of Ripple’s XRP will reach $16 by the end of the year. According to reports, Samson Williams, CSO of Ireland-based fintech firm SeedUps, predicts XRP will go to $16 by
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San Francisco-based Ripple has not had the best of starts to 2018. Its cryptocurrency, XRP, has been on a downward slide since the first week of January and has lost almost 70% of its value. However, things could be about to turn around for the company as Western Union is now test driving its transfer technology. The list of banks and financial institutions that are using and testing Ripple’s products is growing by the week.
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Most of the news about Ripple has been negative over the past month. The company’s XRP token has fallen from its great height by over 65%, so it is in need of a boost. That came this week when Ripple announced two new partnerships for its xRapid pilot project. According to reports, a telecommunications company and an international payments specialist will be the latest to use Ripple’s highly volatile currency as part of their money
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Ripple just announced a major new partnership with MoneyGram that will see the latter pilot xRapid and XRP. When leading cryptocurrency price aggregation site CoinMarketCap removed South Korean exchanges from its price calculations earlier this week, the prices of many of the major assets in the sector took a hit. None more so, however, than Ripple (XRP). Ripple went for around $3.65 apiece back on January 6 but dipped to well below two dollars midsession on