XRP/Ripple leveraging legitimacy and centralization
Ripple is centralized and being adopted by real financial institutions. This is in stark contrast to other cryptos that are decentralized and are drawing the ire of governments (China, most recently). The idea here is the BTCs loss could be XRPs gain. I don't know if Ripple is the long-term winner but these recent developments out of china make it interesting.
Ripple recently met with China's central bank.
cointelegraph.com/news/ripple-talks-with-peoples-bank-of-china-key-to-chinese-blockchain-market
Ripple recently met with China's central bank.
cointelegraph.com/news/ripple-talks-with-peoples-bank-of-china-key-to-chinese-blockchain-market
Trade closed: target reached
That went parabolic quickly. Trade parameters met on this one. Closed with profits.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.