Price update: As of 12.16EDT Ripple’s XRP gained more than 19% over past 24 hours.
The cryptocurrency market is having a bad day as Bitcoin and many cryptocurrencies are struggling. This week the People’s Bank of China warned the public about the risks of cryptocurrency trading and initial coin offerings.
We also take a look at Ripple’s XRP. Reports are circulating around about the upcoming launch of its commercial application for xRapid. This could happen as early as next month.
Sources: www.coinmarketcap.com
http://shanghai.pbc.gov.cn/fzhshanghai/113571/3629984/index.html
https://www.cnbc.com/2018/09/17/ripple-hints-cryptocurrency-product-xrapid-will-go-liv
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