Those who own XRP may be interested in hearing some good news. In addition to BTC reclaiming the $40k level, XRP surged up to 10.5 percent yesterday, which is related to the news that they'll be shaking up the remittance industry. This is a $1.8 billion deal between Japan and the Philippines, according to Coins.ph.

Because Japan has one of the highest remittance costs in the world, which is more than double the 5.92 percent seen in G8 countries, this use case is particularly compelling.