Connect with us

Ripple

Ripple’s xRapid-powered Coins.ph to integrate with UnionBank of Philippines to launch crypto ATM

Published

on

UnionBank of Philippines has announced its plans to launch cryptocurrency automated teller machines [ATM] wherein users can trade the digital assets for Philippine Pesos. To execute the launch, the bank will partner with xRapid powered e-wallet and financial services firm, Coins.ph.

Justo A. Ortiz, Chairmen of UnionBank, about the deployment of digital currency ATMs, stated:

“We’re going to put up a Bitcoin ATM in our Ayala Ave. ARK [branch]. The machine is here already,”

Coins.ph has made use of cross-border payment solutions such as cost and time efficiency, scalability, and transparency rendered by xRapid’s platform. Apart from XRP, the other major digital assets supported by the it are Bitcoin [BTC], Bitcoin Cash [BCH] and Ethereum [ETH] so far. This Southeast Asian tech firm is a leading name in the cryptocurrency trading space of the country.

With a customer base of around 5 million, Coin.ph has strived for mass adoption of its app to make banking services accessible even for the natives in remote places leveraging Ripple-xRapid’s blockchain tech at its core.

Ron Hose, CEO and founder of Coins.ph while elaborating about the tie-up with Ripple earlier in August last year, stated:

“We are excited to be partnering with Ripple to bring the benefits of blockchain technology to cross-border payments, making sending money home more affordable for 10M+ overseas Filipino workers.”

This development unfolded days after the cryptocurrency regulatory framework was issued in the country through Cagayan Economic Authority Zone. The rules named – Digital Asset Token Offering (DATO) were created with the fundamental aim to bolster innovation in the crypto space and catapult mainstream adoption of the digital asset, all while safeguarding the interest of investors.

In a country where more than 70 percent of the adults don’t hold any bank accounts, striding into the world of crypto by integrating the traditional banking establishment and digital assets, is indeed a big step.

Source: AMBCrypto

Advertisement
Click to comment

Ripple

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019

Published

on

Cryptocurrency Ripple (XRP/USD) is trading at 0.2985. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend for Ripple. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019

As part of the forecast Ripple course is expected to test the level of 0.3210. Where should we expect an attempt to continue the fall of XRP/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 0.2350. The conservative Ripple sales area is located near the upper border of the Bollinger Bands indicator at 0.3250.

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019

Cancellation of the option to continue the decline of the Ripple rate will be the breakdown of the upper border of the Bollinger Bands indicator. As well as a moving average with a period of 55 and closing quotations of the pair above the 0.3520 area. This will indicate a change in the current trend in favor of the bullish for XRP/USD. In case of a breakdown of the lower border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency.

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019 implies a test level of 0.3210. Further, it is expected to continue falling to the area below the level of 0.2350. The conservative area for selling Ripple is located area of 0.3250. The cancellation of the option of falling cryptocurrency will be the breakdown of the level of 0.3520. In this case, we can expect continued growth.

News Source:

Continue Reading

Ripple

Ripple forecast and analysis XRP/USD for 2019

Published

on

Ripple XRP/USD quotes are trading at 0.3071 and continue to move in the ascending channel. At the moment, we should expect an attempt to continue the fall and a test of the support level near the area of ​​0.1500. Further, the continued growth of cryptocurrency in the region above the level of 8.0000.

Ripple forecast and analysis XRP/USD for 2019

In favor of raising the XRP/USD quotes, a test of the rising trend line on the relative strength index (RSI) will be made. As well as a rebound from the lower boundary of the rising channel. Cancellation of the growth rate of Ripple cryptocurrency in 2019 will be the fall and close of quotes below the level of 0.1000. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of XRP/USD to the area below the level of 0.0250. With the breakdown of the upper boundary of the descending channel and closing above the level of 0.9000, we should expect confirmation of the development of growth in Ripple.

Ripple forecast and analysis XRP/USD for 2019

Ripple forecast and analysis XRP/USD for 2019 implies an attempt to test the support level near the area of ​​0.1500. Where can we expect to continue the growth of cryptocurrency with a potential target at the level of 8.0000. An additional signal in favor of raising Ripple will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option quotes will fall and the breakdown of the area of ​​0.1000. In this case, we should expect the continuation of the development of the downward trend in digital currency with a target below 0.0250.

Source: 

Continue Reading

Ripple

Crypto Visa Card Now Supports XRP, Tron, Bitcoin Cash, Litecoin, EOS, Binance Coin and Dash

Published

on

The mobile crypto app Spend just added support for XRP. The addition gives users the ability to store the digital asset as well as spend it using the platform’s Visa debit card.

Users can instantly convert their XRP to fiat and load it onto the card, which is accepted at Visa’s 40+ million locations worldwide.

Spend supports a total of 180 countries and is now available in the US.

The company has been adding cryptocurrencies to its platform at a rapid rate. This month alone, it added support for XRP, Tron, EOS, Binance Coin, Dash, Litecoin and Bitcoin Cash.

The Spend app is currently available on iOS. It was also available on Android, but the company pulled it from the Google Play store on Friday to address performance issues and create a more seamless experience for users.

News Source:

Continue Reading
Advertisement
Advertisement
Open

Close