Market Analysis

Permalink to Ethereum, Litecoin and Bitcoin Cash Lead Crypto Market Rally, Ripple Expands XRP-Powered xRapid and Bitcoin Transfers Hit Facebook and SMS

from Daily HODL 5 years ago 0 0 659

Crypto Market

Ethereum (ETH) and Litecoin (LTC) are leading a crypto market surge. Both coins have rallied more than 13% in the last 24 hours, according to CoinMarketCap. Bitcoin Cash is up 12%. EOS and Cardano are up 11%. Tron is up 8%, and XRP is up 7%, at time of publishing.

Bitcoin is up 6%, with the overall market cap of all cryptocurrencies rising from $121.7 billion to $133 billion.

Ripple and XRP

Ripple is acquiring a new xRapid partner.

The CEO of crypto exchange Bitrue says the Singapore-based platform plans to join xRapid, which utilizes XRP as a bridge to facilitate cross-border payments.

Ripple has also partnered with crypto exchanges Bittrex, Coins.ph and Bitso, which will use the software solution to boost payments between the US and the Philippines, and the US and Mexico.

WE DO! 100%!!! — Curis Wang (@Curis_Wang) December 28, 2018

Ripple officially released xRapid in October, and revealed that MercuryFX, Cuallix and Catalyst Corporate Credit Union are using the software for commercial payments.

Bitcoin

Lite.im is expanding its crypto service which allows anyone with a basic mobile phone to send cryptocurrency through a text message, Facebook Messenger and Telegram.

According to the team, the platform now supports Bitcoin in addition to Litecoin and Ethereum.

You can read more about the platform here.

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