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Ripple’s Xpring Invests in CoinMe ATM Chain, #XRPArmy Believes XRP Will Appear on CoinMe ATMs Soon

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    Ripple’s branch Xpring has invested in the crypto ATM chain CoinMe as part of the A-1 funding round, Ripple community hopes XRP will be added to the ATMs

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On September 13, Ripple announced that its Xpring branch that focuses on supporting promising technical startups had invested in the CoinMe chain of crypto ATMs.

All-in-all, the startup raked in around $1,5 mln in the A-1 round of funding.

Ripple supports a leading global crypto ATM chain

CoinMe became one of the first crypto ATM chains in the US, back in 2014. As reported by Ripple’s Xpring in its Medium blog, they chose CoinMe since it coincides with their mission to spread the adoption of crypto and get coins to solve actual everyday issues.

CoinMe is the first crypto ATM industry startup that Xpring has invested in. The Xpring’s team writes:

We’re excited to partner with Coinme. They have the right team, technology, and thoughtful approach as a licensed and regulated entity to be a pillar for mainstream cryptocurrency adoption.

Will CoinMe add XRP to its ATMs?

Once the word was spread, XRP holders started posting comments, asking whether CoinMe now plans to add XRP to its crypto dispensing kiosks.

Some directly asked, when this is going to happen, clearly believing that the opposite answer is out of the question here.

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Ripple expands its influence and gets world-wide TV coverage

As reported by U.Today earlier, recently Ripple has struck two major partnerships – with the SBI financial giant in Japan (with actual XRP usage) and the leading Pakistani bank Faysal.

Also, just the other day, an interview with the Ripple CEO Brad Garlinghouse took place on CNN, where Garlinghouse addressed the major issues of Ripple’s rollout and FUD around it. The interview caused a lot of discussion in the community.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

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    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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