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XRP Price Outperforms Top Ten Assets as the Coin’s Quotes Rise Following Bullish Forecast

  • Yuri Molchan
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    The XRP price has been surging this morning, following a bullish forecast of an analyst on Twitter who is also positive on BNB and BTC

XRP Price Outperforms Top Ten Assets as the Coin’s Quotes Rise Following Bullish Forecast
Cover image via www.123rf.com

As the new week kicks off, the favored by many XRP coin has been surging, outpacing all coins on the top-ten asset list on CoinMarketCap. The Sunday trading closed at $0.277 and at the time of writing XRP is trading at $0.289.

XRP price, top ten coins
Image by CoinMarketCap

Earlier today, the crypto trader and analyst, The Crypto Dog, published a tweet with a chart’s screenshot that suggests another major XRP rise coming.

On Sunday, the same trader also posted a bullish prediction regarding XRP, BTC, BNB and Huobi Token (HT).

BNB is currently sitting at $17.99, showing a 2.17-percent growth. HT is trading at $3.46 (+1.39 percent, rank 16).

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The only coin close to XRP is Tron, ranked 11. TRX is showing a rise by 4.32 percent.

At the weekend, U.Today reported that another crypto trader also predicted a surge for the XRP price to be followed by that of XLM.

 

What is your bet on the XRP price by Christmas 2019? Share your opinion 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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Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
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    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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