RippleNet is expanding its network of banks by adding Malaysia’s CIMB Group to its fold. CIMB is the ASEAN’s fifth-largest bank and will team up with Ripple to work on enabling instant cross-border payments for CIMB’s markets.
The infrastructure for institutional investors in the crypto market continues to gain steam despite this year’s relentless bear market.
The bitcoin price kicked off this week on a depressive note, extending its current bearish bias to another low level. The BTC/USD index fell from 5502-fiat to 4886-fiat on Monday, recording more than 11 percent in losses.
Ripple Adds 5th-Largest Southeast Asian Bank to Enterprise Blockchain Network
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Monday Massacre: Bitcoin Price Dives Below $5,000 as Support Levels Falter