Ripple warns of Bitcoin ‘civil war’ and raises ‘concerns’ about rival cryptocurrencies Ethereum and Litecoin

The cryptocurrency Ripple has warned of a ‘Bitcoin civil war’ as it celebrated a remarkable quarter in which the virtual currency XRP soared in value by about 1,000 percent.

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XRP, Ripple’s cryptocurrency, has just enjoyed a ‘quarter for the ages’ which saw its value shoot up from the price of $0.20 at the beginning of December 2017 to a high of $2.19 just before New Year. Ripple has also announced partnerships with IDT Corporation and MercuryFX, which both handle money payments on a global scale and will now use XRP to carry out transactions at high speeds.

 

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