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Ripple (XRP) Just Went Live in Europe: Santander Releases OnePay FX

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Ever since it was announced back on April 12th that Santander would be adding a blockchain-based service powered by Ripple, it almost immediately became the fact that Santander had more plans for Ripple’s technology. That is how the public was introduced with the idea of having the first mobile payment service ever to be driven by cryptocurrencies that was going to be released under the name OnePay FX with Santander bank being the host of the project. The release of OnePay FX took place a couple of days ago, which means that Ripple has successfully become available for live transactions in Europe.

Ripple in Europe: Santander Released OnePay FX Mobile App

Santander stands as the first bank in the United Kingdom ever to have adopted a use of a digital asset, which became the case ever since Santander bank announced that they will be adding a blockchain-based service to the existing offer for their clients, adding that the service will be driven by Ripple’s technology.

Besides form having the mentioned news brining Ripple to the online headlines as the first crypto ever to be accepted by a bank stationed in the United Kingdom, partnering up with Santander meant that Ripple was aiming at becoming the first crypto in the financial industry as well as number one crypto for cross-border payments with instant processing, low costs in fees and the immediate availability of the processed funds.

Besides from accepting Ripple’s technology for their first blockchain operated service that was originally offered in Brazil, the United Kingdom, Spain, and Poland.

However, the reach of the Ripple-based service has just become significantly broadened up, given the fact that Santander just released the expected OnePay FX.

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OnePay FX was announced altogether with Santander-Ripple partnership and it represents the first mobile service for making global payments with the power of blockchain technology, which is the official description of this mobile app created by Santander bank.

Santander announced OnePay FX alongside with announcing the partnership with Ripple, and it wasn’t until a couple of days ago that OnePay FX mobile application went live with Ripple.

That means that Ripple just went live in Europe, which, in a great portion, increases the influence as well as the value that Ripple has in the “real life” market and the industry of finances.

What does OnePay FX and Ripple Have To Offer?

Santander has officially released OnePay FX app which means that millions of users that have put their trust into the Santander bank can now use this mobile application in order to send fast cross-border payments globally.

With this application, thanks to the Ripple’s technology that enables safe and secure payments with the processing time of only a couple of seconds while thousands of different global transactions can be processed at a record time at the same time.

The application is said to be available with all its features for Santander’s customers in Europe, making a revolutionary change in the way transactions are being made and processed on a global level, so instead of waiting for 3 to 5 days to have your transaction processed and your funds available, the funds will be made available within the same day on which the transaction has been made.

Since Ripple is the spinning wheel of this neat crypto-driven mechanism, OnePay FX and Santander just made Ripple the number one technology of the groundbreaking mobile payment app, OnePay FX.

Besides from making sure that all users are able to send and receive cross-border instant payments on the same day of the transaction, OnePay FX offers a smooth end-user experience, which is exactly what people need – a fast and reliable system which is extremely transparent and user friendly while the features like providing a delivery time quote for the processing of the initial transaction, make a great addition to an already efficient Ripple-driven app for mobile payments.

How is Ripple doing at the Current Moment?

After being traded in the green for a brief period of only a couple of days, Ripple is seen dropping against the dollar although the dropping rate seems to be low at this point.

Following the latest change in the market, Ripple is seen dropping against the dollar by -0.16%, while it is going up against BTC by 1.50% at the moment of this writing.

After the change that took place in the last 24 hours, XRP can now be traded at the price of 0.61$ per one unit, with great odds of approaching to its all-time high of around 3$ in the following months.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

DGB Price Prediction For 2018 and Beyond

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DGB price prediction
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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Altcoins

Why ZCash (ZEC) Is Heading to $10k

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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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