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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

Blogs

How Can Foreigners Get Loans in Singapore

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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

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