PayPal adds Instant Transfer to Venmo

This should greatly increase Venmo use by eliminating two of the greatest drawbacks to the app. Those drawbacks were the inability to use it at most brick and mortar businesses, and the difficulty converting Venmo funds into paper cash.

Payments will be the big tech battle of 2018. Expect competition in this sector to heat up as PayPal starts raking in more cash.

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Major Bank Santander rolls out Ripple App

It is not clear if the Santander App will be integrated with the Amex experiment. Ripple and wire-transfer service MoneyGram International (NASDAQ: MGI) are testing currency transfers, Fortune reported. It is not clear if Santander will be part of that experiment either. News stories have not said if Santander or American Express is planning a Ripple Amex Cards. Such a card would be a logical next step.

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Sorry Ripple is not the Second Most Valuable Cryptocurrency

The claims of Ripple’s value you have seen in the mainstream media are greatly exaggerated.

The misconceptions about Ripple come from the way “investment news” is covered by the big media.
Despite the inaccurate stories about it; Ripple is actually a pretty good investment as cryptocurrencies go. It has some value characteristics including a high Market Cap and a Low Coin Price.
More importantly, Ripple’s technology is being adopted and evaluated by large companies and financial institutions. MoneyGram (NASDAQ: MGI) is examining the possibility of using Ripple’s ecosystem for money-transfers and remittance payments, a Ripple press release indicates. MoneyGram has been described as the second-largest transfer service in the world behind Western Union (NYSE: WU).

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Some Cryptocurrency Predictions for 2018

The biggest cryptocurrency event in 2018 will be the appearance of a government-issued cryptocurrency or a government ICO. There are plans for government ICOs in Venezuela and Estonia.

The Estonian effort is the most serious right now, but specifics on it are light. The Estonian ICO would have major effects because the Baltic Nation is part of the European Union and the Eurozone.

Expect the Ethereum Coin Price to shoot up if Estonia releases a cryptocurrency and the EU doesn’t try to kill it. There will be major speculative bubbles around both Ether and Estcoin if there is an Estonian ICO.

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