BREAKING NEWS: Ripple (XRP) goes up 40% in price as it secures $55 million support from Google and Big Banks

in #finance8 years ago (edited)

Ripple has secured funding to release their new payment system Swift. Major banks are behind the funding  such as Chartered (London Stock Exchange),  Japan's SBI HoldingsAccenture Ventures, Siam Commercial Bank, SCB  and Digital Ventures. Other additional investors include units of CME Group and Seagate Technology, Santander Innoventures, and Venture 51. 

Since the news came out this afternoon from Australia Ripple's (XRP) price has risen over 40% at the time of writing.

Sources:
[1] http://finance.yahoo.com/m/19c6a4b6-4b46-3784-b0d0-9be2bf846039/undefined
[2] http://www.afr.com/technology/nab-westpac-part-of-ripples-new-global-payments-network-20160915-grgz81

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I am a crypto-noob. Does this mean I have to stock on Ripple for the future?

See the markets for yourself:
wwww.poloniex.com

Wow, this is really amazing! Thanks for the information.

Good points in this post. I fully understand what you're talking about. The blockchain is here to stay. No matter what any crypto will do in the upcoming years. I think that's a conclusion we can make by now. Besides coinmarketcap.com there is: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Check for example: https://www.coincheckup.com/coins/Ripple#analysis To see the: Ripple Analysis