Ripple with big targets
Ripple apparently plans an IPO within the next 12 months. CEO Brad Garlinghouse made the following comments during the Economic Forum: “I think we will see IPOs from the crypto and block chain in the next 12 months. I’m not sure we’ll be the first, but I don’t want to be the last. With an initial public offering (IPO), Ripple would take on a pioneering role in cryptospace.
XRP course in detail
Ripple ranks at position 3 in the crypto charts with a price of about 0.22 USD. The market cap is currently at a value of just under USD 10 billion. On Friday, the price will initially move sideways. The latest headlines have no major impact.
At the start of the weekend, Bitcoin is priced at around 8500 USD. This corresponds to an upward trend of 1.58 %. The dreaded fall below the important 8000 USD limit is therefore not expected. Bitcoin supporters can look forward to a high BTC Dominance Index of 66.1%. The “digital gold” continues to set the pace and the Altcoins follow. In the top 10, Bitcoin SV has the highest price increase with a plus of 4.05. In the coming days, investors will focus on Craig Wright and the process surrounding the Kleiman estate. The BSV Hard Fork will take place on February 4. Experts expect a turbulent February start.
Chinese New Year
The celebrations around the Chinese New Year have an impact on trade in the crypto market. Many Chinese investors are taking a break while the year of the “metal rat” is heralded. This is evident from the falling overall market capitalization.
Focus on Blockchain
At the World Economic Forum in Davos, the future of the Blockchain was discussed, among other things. Many experts attest the technology a promising future. Supply chain blockchains could play an important role in many companies in the future.