Ripple Warns of Bitcoin ‘Civil War’ and Raises ‘Concerns’ About Rival Cryptocurrencies Ethereum and Litecoin (Metro.co.uk)
The cryptocurrency Ripple has warned of a ‘Bitcoin civil war’ as it celebrated a remarkable quarter in which the virtual currency XRP soared in value by about 1,000 percent. XRP, Ripple’s cryptocurrency, has just enjoyed a ‘quarter for the ages’ which saw its value shoot up from the price of $0.20 at the beginning of December 2017 to a high of $2.19 just before New Year. Ripple has also announced partnerships with IDT Corporation and MercuryFX, which both handle money payments on a global scale and will now use XRP to carry out transactions at high speeds.
Ripple (XRP) Comes with Mercury and IDT Corporation Partnership (News4C.com)
On Wednesday, one telecommunications company and a currency exchange firm signed up for Ripple’s blockchain software. Ripple Coin or XRP is a cryptocurrency that’s considered among the best ones, recently. However, it’s a real volatile coin, and sudden price changes are frequent. Both companies will use the XRapid program: Both the IDT Corporation, the telecom company, and MercuryFX, the exchange firm, will use the Ripple’s XRapid product which is base on XRP (Ripple Coin) for rapid global money transfer.
The Upcoming ICO and CEDEX Coin (TheMerkle.com)
2018 is set to be an exciting year for anyone looking to expand or divesify their investment assets. With the rapid growth of cryptocurrencies around the world, the main challenge is deciding where to invest. CEDEX is set to answer that question when it launches its new and revolutionary Blockchain-based diamond exchange beginning with an ICO Token Pre-sale of its CEDEX Coin on the 16th March 2018. Due to unprecedented interest, the pre-sale amount of tokens has increased to 50% of the total. The aim of turning the existing diamond industry into the next asset class for investors will then be well underway.
‘Not True’: Goldman’s Blankfein Denies Bitcoin Trading Desk Rumor (Coindesk)
The CEO of Goldman Sachs has denied a report from last year which said that the investment bank was moving to launch its own bitcoin trading desk. In October, the Wall Street Journal reported that such a plan was in the “early stages,” citing sources with knowledge of the process. “Goldman’s effort involves both its currency-trading division and the bank’s strategic investment group, the people said. That suggests the firm believes bitcoin’s future is more as a payment method rather than a store of value, like gold,” the newspaper reported at the time.