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XRP is 'not a cryptocurrency' - expert warns on 'big dip' in value
Ripple’s (XRP) remarkable journey from obscurity to $3.40 back down to today’s price of $0.49 could soon see it ring-fenced from other competing cryptocurrencies, with concern over its centralisation potentially excluding XRP from entry into a price boosting regulatory framework. Last week, rival bitcoin recruited another billionaire believer from the world of mainstream finance after it was revealed that investor Steven Cohen has placed money into a hedge fund focusing on cryptocurrencies and blockchain-based companies. Cohen Private Ventures has invested in Autonomous Partners, a new hedge fund buying up ... (full story)