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RippleNet Home: Ripple Introduces Revolutionary Product for Connecting Its Clients

ByBit
  • Alex Dovbnya
    📰 News

    Ripple customers now can seamlessly interact with each other with the help of RippleNet Home

RippleNet Home: Ripple Introduces Revolutionary Product for Connecting Its Clients
Cover image via www.123rf.com

Cryptocurrency behemoth Ripple has unveiled a new product called "RippleNet Home," which will allow its customers to connect and partner with each other.

According to the presentation, which was shown during this year's SWELL conference, RippleNet Home will allow companies to get insights about their payment flows and performance in real-time. Thus, it allows businesses to improve their capabilities and expand their presence in different markets around the globe.

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Ripple-Backed MoneyGram Releases Its First Earnings Report Since Starting Using XRP in Q3

The platform is useful for evaluating the size of the market and instantly finding the most suitable partners for the company's business growth. After performing due diligence, one can send a request and get connected. 

By teaming up with each other, RippleNet members can enjoy low rates and instant settlement via Ripple's On-Demand Liquidity (ODL) service. 

As reported by U.Today, RippleNet now has more than 300 members with "two dozen" of them using ODL for conducting cross-border payments with the help of XRP. 

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Ripple CEO Brad Garlinghouse: 99 Percent of All Crypto Goes to Zero

Ripple CEO Brad Garlinghouse: 99 Percent of All Crypto Goes to Zero

Ripple CEO Brad Garlinghouse claimed that 2019 was the strongest year for the company. However, that certainly doesn't pertain to XRP. The company's native token remains under selling pressure even during the much-anticipated conference, currently changing hands at $0.283.       

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Is Classic Pump-and-Dump Scheme, Says Peter Schiff

ByBit
  • Alex Dovbnya
    📰 News

    Gold proponent Peter Schiff thinks that Bitcoin evaporating its 40 percent pump proves that it's a pump-and-dump scheme

Bitcoin Is Classic Pump-and-Dump Scheme, Says Peter Schiff
Cover image via u.today

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

Euro Pacific Capital CEO Peter Schiff has come up with a new insult for Bitcoin, calling it "a classic pump-and-dump scheme."

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Peter Schiff Reacts to Sudden Bitcoin Price Drop: "Get Ready for the Dump!"

Peter Schiff Reacts to Sudden Bitcoin Price Drop:

"You're being played"

Schiff continues to assert that Bitcoin's 40 percent pump on Oct. 25 was the result of price manipulations. The fact that Bitcoin's has completely trimmed these gains in just four weeks definitely flies in the face of bulls.

The gold bug explains that the pump was meant "to sucker in" momentum buyers to dump their bags later. This is supposed to be a wake-up call for all buyers.

Earlier, Schiff lambasted Bitcoin holders for not being able to see through the shenanigans of whales who are selling their coins on the verge of a major price.        

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Bitcoin Price Could Drop to $2,000 or Even to $200, According to Peter Schiff

Bitcoin Price Could Drop to $2,000 or Even to $200, According to Peter Schiff

Other bears are waking up 

Mark Dow, the trader who famously shorted Bitcoin at its current all-time high, recently resurfaced on Twitter with a succinct "Bitcoin is dying" tweet, which came in handy right on the verge of Bitcoin's drop to the $7,500 level.     

While some bulls might be tempted to dismiss Bitcoin price moves recorded on the lower time-frames as "noise," the long-term picture is also gloomy. As reported by U.Today, crypto market analyst Willy Woo opined that Bitcoin might not replicate the success of previous halvening cycles due to its unusual bearishness. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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