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Ripple Looks To China For Collaboration

The firm behind the third largest cryptocurrency, Ripple has been successful in keeping a hold of its priority target market which is China. This is thanks to the approval of LianLian’s joint venture American Express to process card payments in China. The operation of American Express was given the green light by China which makes it the first American firm to be given a direct access to the China e-commerce market. This approval gives American Express the power to resolve payments and transactions in Yuan. The settlement of payments can be done through its joint venture LianLian Group which is...

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Could HOT, XLM and OAX Ever Outperform Bitcoin?

The digital currencies, HOT, XLM, and OAX are three coins which are worth looking into if you’re looking for the coins with the best chance to outperform Bitcoin in this fourth quarter of the year. Now please remember that we are not investment advisers and this is not investment advice. If you do choose to invest, do so based on your own prior research, cryptocurrency investment is risky, therefore you should only invest what you can afford to lose. Do your research and trade safe. Or at least that’s what Bitcoinist.com think just before they start to discuss the mindsets...

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Hong Kong Exchange Withdraws $1 Billion In Fiat

The Hong Kong-based exchange, Bitfinex has just updated its withdrawal fee policy as well as processing $1 billion in fiat currency. Following the weeks of uncertainty which surrounded its banking health which led to a stop on withdrawals the Hong Kong-based crypto exchange Bitfinex claims to have processed around $1 billion in cash withdrawals in October alone. You can find out more in a recent tweet posted by the exchange: New high frequency/size wire withdrawals fee released, more info here https://t.co/c8FbmS18Rl — Bitfinex (@bitfinex) November 11, 2018 According to a recent post by Bitfinex, the $1 billion came through 700...

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TransferGo Looking Into XRP Powered xRapid For Cross Border Transactions

The Ripple partner and global payment platform, TransferGo have said that they are looking into the benefits of xRapid, powered by Ripple’s XRP.   After being questioned on Twitter, the CEO of TransferGo, Daumantas Dvilinskas confirmed that the company is testing Ripple’s newly released cross-border payment solution. Yes, we are looking at xRapid. — Daumantas Dvilinskas (@daumis2475) November 11, 2018 Back in September this year, the CEO revealed that TransferGo is going to be launching a remittance corridor from Europe to India that uses Ripple’s technology in order to be more cost effective and practically instant transactions. Nevertheless, the firm...

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Ethereum Classic (ETC) Is A Slow But Sure Long-Term Winner

Chart for ETC/USD (1W) Ethereum Classic (ETC) is a slow but sure winner 5 to 10 years from now. Now, a lot of people are going to object to my use of the word, “slow”. Ethereum Classic (ETC) is slow and I’m going to explain how that is a good thing and not a bad thing. A lot of blockchain projects have rushed into the market with half baked products and processes. They are more interested in quantity than quality because that is what people like to see in a market where the majority does not understand the technology anyway....

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