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XRP Community Discusses Bank of America Job Posting For Managing ‘Ripple’ Project

  • 📰 News

    The XRP Army is having a heated discussion over a job posting from the Bank of America that requires managing the local ‘Ripple’ project which will not be using XRP

Cover image via news.u.today

In summer this year, the Bank of America filed a patent for a money wiring blockchain-based system titled ‘Ripple’. However, the same name blockchain technology from the company run by Brad Garlinghouse or XRP asset were not mentioned in it.

Ripple patent by BOA
'Ripple' patent by BAO, image by https://patents.google.com

Earlier today, an XRP investor @digitalassetbuy retweeted a post that bears a screenshot of a job posting made by Bank of America.

The BOA seeks to fill the position of a Treasury Product Manager. The posting also mentions a ‘Ripple’ project and that managing it will be part of the successful applicants’ job duties.

The salary in discussion totals $99,200 per year.

Many in the XRP community took the news quite enthusiastically, apparently, believing that it is somehow actually connected with the ‘real’ Ripple and XRP.

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However, some reckon this job posting is fake news.

Ripple fake news
Image by Twitter

The LinkedIn page for this vacancy, however, says the job position is no longer active.

 

What is your opinion on this news? Feel free to share it with us in the comments section below!

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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’

Cover image via www.123rf.com

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.

Subscribe to News.U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!

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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