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Revolut, Uphold adds support for Ripple [XRP], price stays the same?

Anirudh VK

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Revolut, Uphold adds support for Ripple [XRP], price stays the same?
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Revolut announced that they would be adding support for the trading of XRP on their platform. The addition for support was teased by Chad West, Head of Marketing and Communication for Revolut, on Twitter.

He posted a screenshot of a transaction on the Revolut app, with the caption:

“Hmmm. Could this be #XRP on @RevolutApp”

Chad West's tweet

Chad West’s tweet

He then went on to say an hour later that support will be added later this week, asking followers to stay tuned to Revolut’s social media accounts. He also added that it would be announced through email.

Revolut is a UK-based digital banking service provider offering holding, exchange, and transfer without fees in 25 different currencies. It also offers a contactless Visa card as one of its products, allowing for fee-free transactions in 130 currencies.

They have reportedly saved customers 150M GBP in fees. They have a customer base of about 1.5 million, with a total value upwards of $10 billion.

Uphold also added to the list of crypto exchanges that offer full support for XRP, including full integration. This means that it is possible for users to transact on and off from external wallets. This feature is aimed for launch on 24th of May.



Ripple’s week has been a rollercoaster one in price. Even as the total growth percentage for the coin is in the red, with a decline of 8.3% over the week, the coin saw a slight uptick in price. Investors are used to this, however, as the last week saw a series of drops and gains in quick succession.

It started this week $0.73 on May 15th, with a quick drop to $0.67 the very next day on May 16th. It gained again, with a growth to $0.71 on May 17th. Another rollercoaster bend came on May 18th, with a drop to $0.6. It brushed the $0.70 limit on May 21st, before dropping to its current value of $0.67.





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Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and interest towards the future of blockchain technology and cryptocurrencies. He does not own any cryptocurrencies currently.

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1 Comment

1 Comment

  1. Avatar

    Tomas

    May 23, 2018 at 12:53 AM

    Because it’s closed fuckin loop. Cannot send xrp or any other crypto from revolut to outside wallet. What’s the point?

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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



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Read more at https://bit.ly/2W64KKj





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