3rd-Biggest Thai Bank Teases Tantalizing News for Ripple (XRP) Bulls

By CCN: Siam Commercial Bank, Thailand’s third-largest financial institution, quietly teased some tantalizing news that should kick the Ripple (XRP) rumor mill into high gear. SCB Thailand Taps Ripple for Blockchain Payments Already, SCB Thailand launched a blockchain platform that uses the Ripple company’s xCurrent system to facilitate cheaper cross-border money transfers. Now, the Thai financial …

How They Made a Crypto Fortune

The Hurun Global Rich List was released this week, featuring five cryptocurrency billionaires.  Hurun also names blockchain the “fastest-growing new industry” in the world, despite an epic bear market wiping out crypto market value in 2018. The five blockchain billionaires include individuals from Ripple, Coinbase, Binance, and Bitmain. Let’s see how they amassed their fortunes. …

Crypto Market Added $45 Billion in 10 Days, is Bitcoin Close to a Bottom?

Since December 15, within a ten-day span, the cryptocurrency market added $45 billion to its valuation as Bitcoin surpassed $4,200. Many analysts are generally positive on the short-term price trend of Bitcoin heading towards the year’s end, confident that the dominant cryptocurrency has established a bottom. Prospect of Bitcoin Currently, Bitcoin and the vast majority …

Western Union Hints At Using Cryptocurrency In Its Services

Odilon Almeida American based financial service Western Union is finally ready for cryptocurrencies. In a video interview with Reuters Plus, Western Union President Odilon Almeida said the company has been evaluating the use of cryptocurrency. They are also exploring how they can improve their service delivery using blockchain technology. Western Union is interested in adopting cryptocurrencies …

Crypto Exchange Coinone Taps Ripple for Blockchain Remittance Service

Coinone subsidiary Coinone Transfer has introduced Cross, South Korea’s first blockchain-based remittance app and web service, using enterprise blockchain technology created by Ripple. Cross gives people in Thailand and the Philippines access to faster and cheaper payment services. Coinone Transfer utilized RippleNet and connections with the Siam Commercial Bank (Thailand) and Cebuana Lhuillier (Philippines) to …

Crypto Market Loses $15 Billion as Assets Plunge 10 to 30%

Overnight, the crypto market has lost about $16 billion of its valuation as it dropped from $123 billion to $107 billion. Performance of the cryptocurrency market in the past 24 hours, data provided by CoinMarketCap.com For the first time since May 2017, the Ethereum price has fallen to the $80 region, deleting all of the …