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What is being discussed?
The positive notes in unexpected places. In accordance with the German state-owned bank BayernLB, can the bitcoin price in 2020 will increase up to 90.000 us dollars. BayernLB does not come easily to this number. The bank uses the so-called stock-to-flow model of the exchange rate of bitcoin is to predict the future. This model can be used for raw materials such as gold or silver, but can also be found on bitcoin used to be.
Ripple is expanding into Europe with the acquisition of the Icelandic Algrim, XRP price is rising almost 9 percent of the time. The acquisition will add six engineers to the staff of the Ripple. They will be mainly working on the integration of Ripple and XRP in the online cryptobeurzen. Ripple takes off really big and Algrim in Iceland, and was appointed one of the engineering hubs for the company. This was the second European establishment, the Ripple is also in London.
Facebook thought enough of the support to be found for the Balance, but it seems that support is waning. Now, the decision is also PayPal, to withdraw from the Libra Foundation. It has been suggested that PayPal will withdraw it because Facebook is too little, in order to prevent money-laundering.