Hi folks,
According to the latest news, Ripple has now more than 100 financial institutions that adopted this currency. Institutions such as (and I quote from Ripple) Bexs Banco, Credit Agricole, Cuallix, Currencies Direct, dLocal, IFX, Krungsri, RAKBANK, and TransferGo, among others are now part of their list.
These are good news, since the alts market is currently on bearish as Bitcoin seems to keep raising it's value. Is it just related to the fork that is coming on November? Similar events have occurred before and "free money", who doesn't want some? Will it keep raising until then? I believe not. Those who invested when BTC was around $3200, as off now, they're having quite a good profit and might just dump some. On the other hand, they might also just leave partial (or just all of it) on their own private wallets in order to receive the equivalent amount on Bitcoin Gold (BTG).
That's the wonder of this market, you never know what to expect, though you might take some indicators.
Just beware, don't invest what you're now willing to lose!
Cheers!
