Home Cryptocurrency Ripple (XRP) News Week of March 24, 2019

Ripple (XRP) News Week of March 24, 2019

by Matthew Harris
, Ripple (XRP) News Week of March 24, 2019

Ripple’s latest wave of newsworthy accomplishments doesn’t appear to be slowing down anytime soon, and there has been even more action since my last update just this past week. From exchange additions to announcements and the XRP Army making their voices heard once again, let’s take a look at what made new this week in the world of XRP.

They Asked For It

Skype recently released their new customer feedback forum, “Uservoice,”, and a group of the XRP community, which is arguably the largest and most active community in the crypto space, turned to the Uservoice to explain to the telecommunication application how and why Skype consider adding XRP as a micropayment option for SkypeCredits.

As of this writing, the idea has received 579 votes and 55 comments from like-minded users. Users left replies such as:

“Love it, I think this could improve the lives of so many. Especially with XRP which is so quick and reliable.” – Anonymous

“Can already send xrp to others as an attachment on microsoft hotmail, so this would be another microsoft win if us xrp hodlrs can pay skype with our xrp” – Gregg

“Add XRP, watch the magic ensue” – Oscar Dotel

So, it seems that there is a fairly strong call from the Skype community for this move for XRP, and it’ll be interesting to see how Microsoft and Skype handle the request.

And the Winner is…

The Weiss Crypto Rating Agency recently released their annual outlook of cryptocurrencies, and XRP was rated as the number one cryptocurrency, standing out as the best combination of technology and adoption. The report, entitled “Dark Shadows with a Bright Future,” compared the annual outlook of the present stance of over 120 cryptocurrencies and graded them based on various metrics.

The report states, “XRP is the most likely to compete with SWIFT, the global network for money transfers among the world’s financial institutions.”

XRP received an “A” for the best combination of technology and adoption, followed by EOS in second place and Bitcoin rounding out the top three. Ethereum was awarded an A- and Litecoin, Steem, Zcash, NEO, Stellar, and Cardano grabbing a B+ each.

More Exchanges for XRP

When it comes to adoption and listing, XRP has been setting records left and right. The first quarter of 2019 alone has seen multiple announcements in this area, and there were a couple more this week.

Huobi Derivative Market, the Singapore-headquartered digital asset exchange, launched XRP on March 29 at SGT 18:00. This move allows users to enjoy XRP contract with margin trading features on Huobi DM, adding to their ability to already trade the future contract of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and EOS.

OMGFIN, an Estonian licensed crypto trading platform, announced on March 26 that it is now supporting XRP. The announcement also stated, “the first ‘crypto trading platform gives cashback up to 30% on XRP.” Upon digging, I found that the cash back refers to an opportunity for customers to receive rewards for trading and referrals.

A New Partnership

The Senior VP of Ripple, John Mitchell, and Federal Bank Managing Director & CEO, Shyam Srinivasan, confirmed this week that Ripple and Federal Bank India have signed an agreement of partnership. The announcement means that Federal Bank will be able to delve into a ‘new cross-border payment system,’ and the news reportedly sent their shares to a new 52-week high this past Friday.

That’s a lot of news again this week and with XRP’s price showing a slight climb for most of the week, showing 0.314 as of now, the crypto world appears to be paying attention. Be sure to sign up for alerts and follow our social media channels, next week I’ll be doing a recap of Q1 and Ripple is certain to lead the pack.

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