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TONS of Ripple (XRP) news!
The Siam Commercial Bank (SCB), largest in Thailand, has written on its Twitter account that it plans to start utilizing XRP soon in order to improve its system of financial transactions.
The aggregated crypto markets have been able to tepidly advance higher today after facing some levels of volatility earlier this week. XRP, which has now firmly gained a foothold in the lower-$0.40 region, is now slowly climbing into the mid-$0.40 region as Bitcoin nears the important $9,000 level.
Analysts now concur that XRP is incurring strengthening technicals that may allow it to surge significantly higher in the near future.
After a rumor broke out yesterday that Ripple, a California-based crypto start-up focusing on the banking sector, has acquired the major US-based money transfer company MoneyGram, both companies refused to comment. Both have stated that they do not comment on speculations and rumors as a rule, but should there be any official news, they’d let the public now.
The rumor started with a post on Twitter by a trader called CryptHawk, who claims that Ripple has indeed acquired MoneyGram, referring to a “trusted source”. According to the anonymous trader, the negations for the acquisition were ongoing since November 2018 and that the deal has finally been signed this past Monday.
Probably fake though…and STILL ONLY RUMOR!
Comment below and let me know your thoughts!
Also beware of desperate publications reusing old stories for added FOMO and clicks… Learn to trust certain publications and always double check your information across multiple sources.
Thanks for watching…No, seriously….Thanks for watching!
*This is NOT Financial advice, the content found on this channel is solely my opinion so please make sure you do your own research and invest with a professional.*
#bitcoin #cryptocurrency #finance
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