A new infographic by BuyRipple.com reveals 36,000% growth of ripple. The payment network and the payment protocol behind it announced several banking partnerships in 2017, helping to push the price to a high of $3.84.
The company is set to revolutionise payment systems across the financial sector. Ripple has overcome brand changes and a large fine from the US government to temporarily overtake Ethereum as the second largest cryptocurrency by market cap.
The company owns 61.3% of the 100 billion XRP coins that are in circulation, which gave it its largest market capitalisation on January 5thof $235.4 billion. Ripple co-founder, Chris Larsen, was then worth more on paper than Google co-founders, Larry Page and Sergey Brin.
The San Francisco-based start-up adds that the XRP coin has a four second settlement time, comparatively faster than its competitors ethereum and bitcoin, whose times are two minutes and over an hour respectively. This has encouraged financial institutions such as Santander, UBS and uniCredit to adopt Ripple’s payment network over other cryptocurrencies.
BuyRipple.com editor, Cameron Bowen, added:
“Despite Ethereum taking second spot back from Ripple, we feel that Ripple will likely be one of two cryptocurrencies to de-throne bitcoin at the top of the market cap table. Should Coinbase launch Ripple, we believe a price of $10 is realistic initially, with $25 likely by the end of 2018.”
San Antonio, TX—January 9, 2018—Digital Defense, Inc, a security technology and services provider, is awarded Frost & Sullivan’s 2017 North America Customer Value Leadership Award for the security risk solutions market. The selection factors contributing to the company receiving the Frost & Sullivan Best Practices Award include Digital Defense’s proprietary network and application security scanner and vulnerability management system, Frontline Vulnerability Manager™, as well its innovative security awareness training product, SecurED™. Continue reading
The pan-Baltic capital market proposed in an agreement between the region’s states may cut credit risk by helping economic growth by increased financing, Scope Ratings says. The plan is part of an EU drive for a Capital Markets Union by end-2019.
The agreement between Latvia, Lithuania and Estonia was signed with a view towards developing their capital markets through increased co-operation, as well as designing and implementing strategies to facilitate demand, supply and infrastructure growth. Continue reading
Acquisition of robo advisor comparison site is latest in string of high-profile additions to the London-based firm
Leading FX affiliate firm Investoo Group is pleased to announce its latest acquisition in the retail investment space. The acquisition of RoboAdvisors.com marks the company’s expansion into the Portfolio Management industry.
With a commitment to making portfolio management affordable and accessible, RoboAdvisors.com is set to become the leading robo advisor comparison site.
Investoo Group CEO Adam Grunwerg commented, “Our acquisition of this dynamic robo advisor comparison site represents a major turning point in our company as we expand into the retail investments industry. Robo advisors is a rapidly growing market that we feel will revolutionise the personal investments industry. This acquisition fits nicely into our group of brands, alongside our investment and news portal Invezz.com.”
RoboAdvisors.com allows visitors to choose the best robo advisor according to their unique requirements. With ambitions to establish RoboAdvisors.com as the best robo advisor comparison site worldwide, the service will be available on a new, easy to use platform that will set the industry standard.
Investoo Group Chairman, David Merry, said of the acquisition, “This exciting development is part of our commitment to revolutionizing personal finance and investment. We are always looking for growth opportunities to expand our reach into investment niches.”
Investoo has already established partnerships with the world’s leading robo advisor firms.
With a track record of acquiring and investing in innovative online brands, the addition of RoboAdvisors.com to the Investoo group of brands represents another milestone in the evolution of the London based affiliates leader. Investoo has acquired 4 brands since December 2016.
Further information can be found at https://roboadvisors.com/.