RIPPLE (XRP) surged in value by 15 per cent over the weekend as the cryptocurrency market continues to recover from last month’s crash.
Ethereum, Cardano and Dogecoin all fell on Monday – but XRP managed to dodge the trend.
This comes after High Street banks are going ‘to war’ on cryptocurrencies such as Bitcoin after a spike in fraud, reports the Times – with one bank will use technology to ban several million customers from buying ANY digital currencies.
Ashley Hart, head of fraud at TSB, said: “Platforms and exchanges are rife with fraudsters, and many do not have proper controls to prevent victims losing large sums of monty.
The dramatic price rise came as the value of Bitcoin and other cryptocurrencies such as Ethereum continue to struggle.
Meanwhile, Elon Musk tweeted: “Someone suggested changing Dogecoin fees based on phases of the moon, which is pretty awesome haha.”
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Source: The Sun
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