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Apple’s partnership with Ripple could send it through the roof

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We started this April suffering from a set of preconceptions about Ripple’s organization declarations. The weird thing is that we were not mistaken. Some huge corporations such as Banco Santander (huge global presence, considered to be the world’s best bank right now, if not exactly the largest) and OnePay FX cash announced partnerships with Ripple. But there’s every chance Apple made the most important announcement.

While the XRP token is a huge deal (world’s third largest by capitalization), it also conjures negative feelings from many individuals because of allegations of centralization, and because it’s not an open project like so many other cryptocurrencies but one sponsored by a private corporation that stands to profit from it.

Also, Ripple’s ability is to do international transactions through digital assets instead of the traditional fiat currencies is something that just startles a lot of people. On top of all that, Ripple has a lawsuit pending that could be terribly bad news for them.

Where Ripple has got an edge

But having said that all, one of Ripple’s main advantages is that it is an asset that can be used for internal transactions within companies. And when you deal with transnational corporations “internal” does not exclude “international” or “cross-borders”. That’s what is attracting companies like Santander or Wilderness Inc. Ripple’s xCurrent or xRapid platforms can be integrated into each company’s ecosystem, so installment arrangements become possible at high speeds, low cost, and great safety.

Apple is known as an industry leader and a standard creator. And they just may be about to make their choice when it comes to cryptocurrencies. Apple’s hallmark is to make very sophisticated pieces of tech easy to use by an improved and reliable user interface. So could Apple’s experience in that regard make at least one cryptocurrency really easy to use and popular?

Well, it could indeed. That’s why the announcement that Apple will adopt Ripple for installment record and administration could be incredibly relevant for both Apple and the crypto industry. 

While Apple is adopting Ripple’s technology and not Ripple’s XRP coin (those two things remain different entities that should not be confused), it turns the coin’s adoption into an actual possibility for the future. The sheer amount of clients Apple has all over the world means that adopting the XRP token would dramatically change the way the company manages cash, and it would increase Ripple’s credibility.

This is a great development for Ripple, especially now that Stellar threatens to become serious competition soon. Ripple is expected to reach a $10.00.price on the foreseeable future but it’s currently at $0.69, so there is still a long way to go. But this is the kind of announcement that could make it happen.

Ripple and Apple will be updating the crypto and the tech community with further details about their association, and you can expect Ripple’s XRP price to change (it will skyrocket) as that happens. It could just go through the roof. But you shouldn’t go in unless you’ve done some serious homework before you choose to invest in it. Keep in mind: so far it’s all about Ripple for Apple (which means Ripple’s platform and apps) not about its coin.

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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.

Image courtesy of Matcuz via Pixabay

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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