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Since mid-November, the rigorous sale of digital coins has no end. Bitcoin BTC / USD broke an important $ 3,500.00 by dragging Ethereum ETH / USD even under $ 100.00 [ETH/USD per time of writing $85.54 – BTC/USD $3,412.03].
The only gainer in this great dive into the market is the right debut [Bitcoin Cash Hard Fork] Bitcoin SV [BSV] which welcomes a 20.94% increase only in the last 24 hours.
Read also:
Bitcoin SV Flip Bitcoin Cash (BCH) in the middle of the market route
The fifth spot for market capitalization that was believed to be well established for Bitcoin Cash [BCH], due to the last gain of BSV, was taken by Bitcoin SV. Bitcoin's bitcoin cash forex, which brought rival currencies Bitcoin ABC and SV, sparked a "hash war" that nearly destroyed the entire industry in the fallout.
The second only to the pioneer of cryptocurrency: the XRP is going through a fore-he said double digit loss for writing. The fast XRP is trading just above the $ 0.3000 support against the US dollar.
Source: Coinmarketcap
For a very short time the pair broke even below the indicated level, dangerously fluctuating to $ 0.2900. If $ 0.3000 does not hold up, the next target may be the September low of $ 0.2640.
Bankers around the world have grown in popularity and a preference for XRP. Ripple's blockchain system offers an alternative to the traditional money transfer system, SWIFT. Banks are getting tired of SWIFT due to the high cost of international transfers and the long time it takes to process and complete transactions.
If the full potential of XRP's utility is freed from the financial industry, the current situation in which the violent sale is fighting could be a very temporary state of the digital asset.
While the famous virtual coins since their debut are struggling with hard forks [Bitcoin – limiting its adoption massively with hindrances of the mentioned sort very often].
Most recent:
Already in 2016 – Corda, an open source company product, was announced by the software developer supported by blockchain R3. Now, he received an additional call application Settler rope which aims to offer and offer most of the services that companies ask to use blockchain technology. Also the colonizer is designed to bring together and work as a translator for a wide range of legal assets and virtual currencies.
"The deployment of the Settler Cord and its XRP support as the first settlement mechanism is an important step to show how the powerful ecosystems cultivated by two of the world's most influential crypto and blockchain communities can work together.
While the settler will be open to all forms of cryptic and traditional resources, this demonstration with XRP is the next logical step to show how the widespread acceptance and use of digital resources can transfer value and make payments. "
