America’s most popular cryptocurrency exchange Coinbase has launched an international payment service using XRP and USDC. This the newest and trending XRP news that excited the crypto world. According to CoinDesk, this fast and free payment services has been available since Coinbase Pro listed XRP.
XRP (XRP) Price Today – XRP / USD
With this new service, all Coinbase customers will be able to send funds to others without charge. However, those who want to send the funds outside Coinbase will be required to pay a small fee. Part of the info on the official Coinbase website is as follows;
“You can now send money to any user with a Coinbase account around the world using XRP or USDC. By using cryptocurrencies that are optimized for cross-border transmission, you can send and receive money virtually instantly by sending those cryptocurrencies and having the recipient convert them into local currency.”
Coinbase insists that even if it allows people to send funds from one end to the other, it is not a remittance service provider. The service simply allows receivers to get the fiat equivalent of cryptocurrencies from the sender. The announcement continued;
“This is not a money remittance; rather, it is a cryptocurrency transaction with conversion into local currency after receipt. In countries where Coinbase does not support the local currency, recipients need to transfer their XRP/USDC to an exchange that supports exchanges from XRP/USDC to local currency.”
XRP Prediction 2019: Coinbase Launch’s Affect on Ripple And XRP
After the announcement of the JPM Coin and the IBM collaboration with Stellar, some people started making negative XRP price predictions 2019. However, Ripple and XRP don’t appear affected by the increased competition. But we think with the help pf Coinbase launch move, positive XRP price predictions will come.
Ripple is one of the most criticized cryptocurrency companies in the world. From accusations of valuation inflation to the XRP SEC saga, the company has come under a lot of pressure. So, good news helps reaffirm the #xrparmy of XRP’s competence and efficiency in the space. It shows that XRP is here to stay and may someday, become the most valuable token in the world.
At the time of writing, XRP was trading at $0.33401. This means that it is up by 7.20% against the USD but down by 6.79% against BTC. The trading volume over a 24 hour period is $1,669,231,004 and the market capitalization is $13,901,516,746 per CoinMarketcap.com. At the moment, Bitcoin is outperforming XRP but the long-term XRP price prediction is still bullish. Source: Smartereum
Bitcoin (BTC) Bulls – Plus Ripple and XRP
From Bitcoin’s bull market transition to new support for XRP, here’s a look at some of the dailyhodl stories breaking in the world of crypto.
Bitcoin (BTC) News
Crypto analyst Omkar Godbole at CoinDesk says Bitcoin’s latest rally appears to have solidified BTC’s transition from a bear to a bull market.
But we’re not out of the woods yet. Godbole says BTC looks overbought on the 14-day relative strength index, so prices “may have a tough time breaking above $5,200 in the near-term.”
Meanwhile, one of the most popular crypto analysts on Twitter says he expects the recent rally to continue. In his latest update, The Crypto Dog told his 120,000 followers he wouldn’t consider shorting BTC until it reaches at least $5,400. He also expects a rising tide to continue to boost altcoins at a rapid clip.
Ripple and XRP
Ripple has released an extended clip of its interview with the company’s head of social impact Ken Weber, who talks about a recent $1 million donation to Tipping Point, a San Francisco-based nonprofit fighting poverty and income inequality.
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