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Apple Just Added Ripple (XRP) to iOS Stocks Application, Propy to Accept XRP as well

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For many days there have been lively implications that Ripple is soon to partner up with Apple Inc, one of the biggest giants in the tech industry, which could possibly sky-rocket Ripple. All XRP holders and enthusiasts will be happy to know that, in a way, the popularly talked-about partnership has indeed come to life once again after having Apple integrating Ripple’s Interledger technology more than a month ago. Apparently, Apple decided to add XRP to their application for iOS especially designed for tracking stocks and stock exchanges. Prior to this news, it was announced that Ripple just got accepted by Propy Inc, which has added XRP as one of the available payment options for their users.

Apple Adds Ripple

Although Apple Inc. didn’t add Ripple as a payment method for all products in Apple Store, Ripple still managed to acquire a piece of the tech magnum, as Apple Inc. decided to add XRP to one of their applications.

Apparently, Ripple has just become a part of Apple family once again, as Apple added XRP as a payment method for their iOS Stocks App.

iOS Stocks is an application available in Apple store that allows users to track stocks as well as enabling stock exchanges, and as of today, Ripple has become one of the payment methods available on this application.

That is how after using the XRP ledger for updating Apple Pay, one of the first mobile payment applications, back in April, which brought into a question whether Apple will be getting back for XRP for yet another project, which occurred only a month later with the latest addition of XRP to the iOS Stocks app.

XRP has been added to the mentioned application by Apple alongside with 10 trading pairs, among which users are able to find EUR, USD and BTC alongside with JPY, CAD, GBP, ETH, and INR.

Hopefully, during the next month, Apple will find yet another use for Ripple, XRP and the technology behind this digital asset.

Propy Adds Ripple

Alongside with being added by Apple to their application iOS Stocks, Propy Inc, a prominent service that helps their users find a great property in the area of Silicon Valley, which is said to be offering the last big pieces of property that are available in this area.

The mentioned properties could have been purchased in BTC and ETH by far, as Propy previously added the two best cryptos in accordance with the global coin ranking list, and now the team behind this service has gone forward with adding XRP as well.

That means that XRP will now be available for Propy users, alongside with Bitcoin and Ethereum.

Ripple tweeted about this event, stating that the team behind XRP is happy to announce that Propy users will now be able to purchase their property with XRP units as of today.

It seems that this “global real-time settlement” is constantly under the spotlight of great news, especially when it comes to mass adoption.

How is Ripple doing at the Current Moment?

Although Ripple has been down by almost -2% only 8 hours prior to the time of this writing, we can see XRP rising up against the dollar at this moment while trading in the green.

You are probably presuming that XRP went up thanks to the latest announcement of having XRP being added by Apple and Propy to their applications for stocks and property trading; however, the latest rise in its price is actually a consequence of a revamped market.

Apparently, after having the majority of currencies trading on shaky legs for days, trading back and forth in the red then back in the green, we can now witness a smooth rebound as the market is trading in the green while the majority of currencies are going up against the dollar.

Whichever the case, Ripple has brought us great news during the course of a pretty brief time, so besides thriving in mass adoption, we can see it slowly rising back up against the dollar by 1.97%.

In addition to trading in the green against this fiat currency, XRP is also going up in oppose to BTC by 1.32%.

Following the latest change in the market, XRP can now be traded at the price of 0.62$ per one unit, hopefully heading closer to its record price of 3.65$ per one unit thanks to the Apple and Propy adoption of XRP.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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