Bitcoin price forecast of $1 million, BTC hashrate collapses by 35% while unknown investor shifts $1,200,000,000 in BTC & Ripple price in analysis

Welcome to our CryptoMonday weekly review of week 44! As usual, there were a lot of interesting things to report this week and so it’s not surprising that we can once again offer you a whole range of interesting news.

Our topics this week range from the steep decline of the hashrate at BTC, the Bitcoin price forecast of $1 million, the latest investment by Ripple and what this means for XRP, to a BTC transaction of $1.2 billion.

And of course that was by far not all! But that’s enough of the preface. Have fun with our CryptoMonday weekly review!

Afterwards, let us know what the most exciting or significant events were for you this week and discuss them with our community on Telegram.

Ripple invests in bank giant’s remittance platform & XRP price shows signs of a long-term reversal pattern

Recently it was discovered that  Bitcoin Champion is investing in SBI Holdings‘ Money Tap remittance platform. Money Tap is expected to be the next generation payment platform. This sounds like a wonderful use case for XRP at first, but will Ripple’s native native crypto currency even be used here?

In this article we will take a look at what is known so far about Ripple News. We will also analyse the XRP price and talk about why there is reason for hope for investors.

Buying BTC, ETH, XRP and BCH will be made mass marketable in Singapore by one of the largest banks

There is a big announcement for BTC, ETH, XRP and BCH. These come freshly baked from the blast furnaces of one of the largest private and commercial banks in Singapore.

Bank DBS announced that it plans to introduce a crypto trading platform that will support all the above crypto currencies. This is definitely good news for Bitcoin, Ethereum, Ripple and Bitcoin Cash. The cryptos in question will be paired with the Singapore dollar, US dollar, Hong Kong dollar and Japanese yen.