XRP crashes to the two-year low and paying with crypto for accommodations is now possible on Booking.com

XRP crashes to the two-year low

The rate of the world’s largest cryptocurrency by capitalization collapsed down to $0,2. Last time such a low price of XRP was on November, 10, 2017.

In January 2018 the cryptocurrency set a historic high at $ 3,81. Since then its prices collapsed almost twenty-fold.

Bitcoin grows in price because of manipulations with USDT?

On Monday, November, 25, Tether company transferred 30 million of USDT to Bitfinex exchange. Exactly 20 minutes later, bitcoin began to rise in price and grew from $ 6,500 to $ 7,200 in a few hours.

It is not for the first time Bitfinex and Tether are blamed for such manipulations. Earlier, two lawsuits were filed against the companies, where they were accused of manipulating the rate with the help of USDT and artificially inflating the price.

Booking.com will allow its users to pay for accommodations with cryptocurrency

Popular system for accommodation reservation Booking partnered up with blockchain platform Travala. Now Travala’s clients will be able to pay for accommodation on Booking with the help of 20 cryptocurrencies, including bitcoin, Ethereum and Litecoin.

“This partnership is a fantastic use case for our own AVA token and another huge step towards mass cryptocurrency adoption,” — said representatives of Travala.