Ripple rises on positive Blockchain news

Ripple rose during today's trading with the majority of the cryptocurrencies, supported by news on the development of the Blockchain technology despite the regulatory tightening on the market.

IBM has revealed its plans to implement Blockchain technology, on its Lenovo data centers.

Nike has filed a trademark application for the use of cryptocurrency wallets and mobile applications to facilitate the purchase of shoes and sports equipment online.

The Chinese government has announced a plan to ban the cryptocurrency mining operations in the country, claiming it increased pollution rates and the consumption of energy.

By 20:35 GMT, Ripple rose 0.6% to $0.31, with the highest at $0.31 and the lowest at $0.30, while its total market capitalization rose to $30.3 billion.

Bitcoin also rose by 0.9% to $5,497, with the highest price at $5,532.7 and the lowest price at $5,172.7, with a total market value of $97.1 billion.