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Ripple starts cooperating with 10 top universities

11:01 8 February 2019

Summary:

  • People in Argentina could pay for public transport using cryptocurrencies

  • Ripple begins to cooperate with 10 top universities

  • Litecoin goes up to $37

Most of major cryptocurrencies have begun Friday slightly higher. However, the largest digital currency - Bitcoin - has not distanced significantly from its opening levels as it has risen only slightly. On the other hand, Litecoin has increased at a healthier pace. According to CoinMarketCap, the capitalization of the crypto market stands a little below the $113 billion handle whereas Bitcoin accounts for roughly 53.2% of this sum.

Bitcoin (BITCOIN on xStation5) has experienced a slight rise so far. Source: xStation5

Argentinian public transport could be paid with Bitcoin

Users of Argentinian public transportation could pay for such services using Bitcoins, as Cripto247 reports. Namely, the national contactless smart card named Sube (Sistema Único de Boleto Electrónico) now could be loaded with Bitcoins. The card Sube allows to pay for buses, trains in 37 Argentinian cities (for example, Buenos Aires and Mar del Plata), and it was launched in February 2009. Moreover, the Sube is promoted by the Argentine Secretary of Transportation. This solution could be another step to broaden adoption of cryptocurrencies in daily life - in this case, especially for Argentines.

Dash (DASH on xStation5) has extended its gains to above $67. Nevertheless, the virtual currency has been trading rather flat in recent days. Source: xStation5

Ripple teams up with 10 top-tier universities

Ripple, the company related to Ripple coin, announced on Thursday that it partnered with other 10 top-tier universities to expand its University Blockchain Research Idea - the number of new members includes some US universities (such as Cornell, Michigan, and Georgetown), the National University of Singapore and the University of Sao Paulo. Last month, Ripple announced that it had teamed up with the Institute for Fintech Research (Tsinghua University). In general, now the idea supports 29 schools all around the world. Note that Ripple introduced the mentioned initiative in June 2018 - it is aimed to support research and education in topics related to blockchain, cryptos and digital payments.

Litecoin (LITECOIN on xStation5) undoubtedly has stood out so far today. The cryptocurrency has jumped to around the $37 mark. Source: xStation5

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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