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Ripple’s XRP to Be Accepted by Thousands of Businesses Because of BitPay Partnership

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    BitPay will add Ripple’s XRP as a new payment option by the end of this year

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BitPay, the leading cryptocurrency payment company, will allow its customers to pay thousands of merchants around the globe with Ripple’s native token XRP by the end of 2019. 

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A big day for Ripple

The members of the #XRPArmy seem delighted by the new addition, claiming that Bitcoin is way too slow and volatile to be used as a means of payment.

    On the same day, Ripple’s investment arm Xpring also presented a software development kit that would allow integrating cryptocurrency payments into different apps.

Because of the above-mentioned partnership, BitPay will become part of the Xpring SDK platform, thus making it much easier for devs to accept crypto.

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Adding more choices

As reported by U.Today, BitPay finally added Ethereum as a new payment option on Sept. 16 with the company’s CEO Stephen Pair describing this as the next logical choice.

Until that point, BitPay, which was founded back in 2011, only supported Bitcoin and its controversial fork Bitcoin Cash.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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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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