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Private airline company ‘TapJets’ now accepting cryptocurrency for transactions

Joel Mathew

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Private airline company 'Tap Jets' now accepting cryptocurrency for transactions
Source: Wikimedia

TapJets have made a statement that they will be accepting cryptocurrency as a payment method. TapJets is an airline company that provides private jets at a reasonable price. The cryptocurrency market has seen a dip recently, and simultaneously it is being accepted all over the world over various platforms.

TapJets recently posted on their twitter page that the company will be accepting cryptocurrency as a payment method. Eugene Kesselman, the CEO of TapJets has approved Verge [XVG], Ripple [XRP], and Litecoin [LTC] for the poll.

At the time of writing, more than 26 thousand Twitterati’s have voted, and the polls are favoring LTC for now.

Ripple [XRP] has the maximum net value in comparison to Verge [XVG] and Litecoin [LTC]. The market capitalization for Ripple is at $26 billion with circulating supply of tokens worth $472 million. At the time of writing the price for XRP is $0.68 as the prices have been dropping since the beginning of May. In the last 24 hours the price has dropped by 8.8% and in the last one hour scale, the price is still dwindling by 0.23%.

In the last one week period, there has been a significant fall in the price of XRP, LTC, and XVG by 13%, 12%, and 26% respectively. The market for Litecoin [LTC] is similar to that of XRP. Both being in the top 10 list resemble the graphs by percentage fall.

At press time the trading price for LTC is $136 and the capitalization of the market is $7 billion.

Verge has been witnessing a fall in its price for a week now as the market is depicting a drop of 25%. Showing a minor bullish hike currently as it is trading $0.054 with an increase of 1%. On a larger picture, the price has seen a significant fall bt 10% in the last 24 hour.

Crypto Q, a market follower says:



“I really hope XRP wins. Fastest TPS and has many institutional investors, will attract banks before LTC does.”

A Twitterati says:

“XVG punching way above its marketcap! Nice job Verge Family. Just wait Tap Jets we’ll graciously accept XRP and LTC owners into our family, they can join us for XMAS.”

Cremer another Twitter user says:

“Ripple is going to win because this is an open poll anyone can vote, thus the maximum number of people in the community will gain.”





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Joel Mathew is a full-time creative content writer for AMB Crypto. He's an English honors graduate from Christ University. He's skilled in research analyses and produces valuable content in the field of blockchain and cryptocurrency.

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





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