The US navy hired a Danish tech company to help them develop a microchip that will be implantable with the help of the Ripple Blockchain. Many in the crypto sphere accused the San Francisco-based company of being centralized and also collaborating with banks. Now, they have one more reason to say away from Ripple and its XRP currency. Let’s read more about it in the following ripple news.
Catherine Austin Fitts explained a year ago that the US Navy hired this tech company to develop the chip. Catherine is the president of Solari INC which the publisher of the Solar Report and a managing member of Solar Investment Advisory Services LLC. Crypto investor Kevin Cage shared a video where Fitts speaks of the Danish tech team without announcing the name of the company saying that one year ago, she was granted access to data regarding the US navy paying the firm to create an implantable microchip that will be compatible with the Ripple chain.
Fitts also didn’t share any specific details about the microchips and didn’t say whether this story had any further development. she did, however, say that she had a lot of experience in doing business in Denmark so the information can be trusted:
“They had one of the tech firms in Denmark [which] was being paid by the US Navy to come up with a chip that could be implanted in the human body that could integrate with Ripple. Ripple is crypto and it’s the one that’s gotten a lot of promotion from the American establishment in my experience, just my impression”.
Speaking of Ripple’s XRP, the XRP price will surpass the $0.187 and the $0.188 resistance level and will start a strong increase. The major resistance is close to $0.2000 above which the price will surpass the $0.2020 in the near term. There could be a major support zone forming close to the $0.1770 and the trend line. If Ripple manages to go over this trend line, it could extend the decline towards the $0.1720 support. The main support will be close to the $0.1700 level and the 100 simple moving average below which the bulls will lose control and the bears could start attacking at that level.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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