The news cycle for cryptocurrencies has been out of control the last few weeks. With more regulations and bans coming in from all over the world, the smaller digital coins are struggling to keep values up and investors informed of new projects and future road maps. Ripple (XRP) is one of the cryptos that was hit pretty hard over the last few months falling more than $0.20 during that time frame. It is not just starting to come back a little.
Ripple Benefits From Shift In Crypto Market
Ripple has one simple idea and that is to provide users and merchants a frictionless experience where money can be sent anywhere in the world using a powerful blockchain technology. The virtual currency continues to partner with banks and other payment solution companies to make the coin even more attractive to users and investors, as well.
Apple Pay announces that it will integrate Ripple’s Interledger protocol and prices get a bump. Apple has announced that it an upcoming update to its software, the integration will be included. With this type of announcement, there is a strong chance that Apple will be accepting cryptocurrencies in the very near future.
Ripple and Abra Made First Waves
It was just a couple of weeks ago when the CEO of Abra mentioned that “all hell will break loose very soon” in the cryptocurrency market and it seems that prediction has come to fruition. Before larger hedge funds and other investors decide that Ripple, or any other cryptocurrency, are will worth the money individuals should take advantage and make some money.
Abra CEO Bill Barhydt said, “I talk to hedge funds, high net worth individuals, even commodity speculators. They look at the volatility in the crypto markets and they see it as a huge opportunity.”
That is great news for Ripple (XRP) and other cryptocurrencies on the market. For investors, it is time to decide where to put your money and get ready for a wild ride.