Ripple and XRP have a big day

XRP, the cryptocurrency created by the San Francisco-based technology company Ripple, has had a breakout day on the charts. The cryptocurrency, which was designed as a quick and cost-effective means of settling payments initialed by traditional financial institutions, jumped by 75% over the last 24 hours. XRP, which is ranked number three behind bitcoin and ethereum in terms of market cap, started the day trading a $.44 before briefly jumping to .$.76. At the time of this writing, the price of XRP has settled at

Read more

Crypto and real estate

Bitcoin and real estate

It’s not really a question of whether or not cryptocurrencies will play a role in real estate transactions. It’s already happening. The question now is to what extent property buyers and sellers will use cryptocurrencies to settle real estate deals. Real estate buyers are purchasing luxury properties in the United Kingdom and in the United States. Modern sellers know that they need to keep their options open, and they understand that young buyers are increasingly looking to cryptocurrency as not only a store of value,

Read more

Bitcoin Cash support

Bitcoin Cash deposits and withdrawals are now available in the Abra app. This means that in addition to funding your Abra wallet with bitcoin and litecoin (or by funding your Abra wallet with a bank transfer — including from Europe  — wire transfer, or credit and debit cards) you can also fund Abra from any Bitcoin Cash wallet anywhere in the world. So now Bitcoin Cash can be used as an on-ramp to invest in the growing selection of other cryptocurrencies in the app. Looking

Read more

Buying bitcoin in Europe with Abra

We have some good news for European Abra users — we are rolling out Single Euro Payment Area (SEPA) bank transfers to buy bitcoin using the Abra app! The goal of enabling European bank transfers accounts is to help make buying and selling cryptocurrencies easier worldwide. How to buy bitcoin in Europe Here’s how the Abra experience will work in Europe: After updating the Abra app, European users will see a SEPA option under the “Add Money” menu. In order to use a European account,

Read more

Meet the new coins: Abra adds Cardano (ADA), Tron (TRX), and Basic Attention Token (BAT)

Meet the new coins: Abra adds Cardano, Tron, and Basic Attention Token (BAT)

Starting today, Cardano (ADA), Tron (TRX) and Basic Attention Token (BAT) will now be available to investors on the Abra app. We’ve been getting a lot of user requests to add various coins and tokens to the Abra app, and we are working diligently to make that happen. More on that below, but first, let’s meet the new coins: Cardano (ADA): Similar to Ethereum, Cardano is a layered blockchain that is designed to bridge the gap between emerging cryptocurrencies and traditional financial infrastructure. Cardano’s layered

Read more