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CEO CZ Invites XRP as Base Currency For Binance

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Changpeng Zhao (aka CZ), CEO at Binance has surprised and delighted crypto-exchange fans by inviting members of the XRP Community to offer their top pitches for why they think he ought to couple the digital asset with every other coin on the exchange.

CZ tweeted the invite on Sunday, showing his fun-loving side and how in-touch he is with the crypto-currency community.

This frisky tweet is in response to the XRP community’s endless calls to make their currency the standard. They constantly bombard CZ’s tweets with comments to this effect, so it’ll come as no surprise that he has decided to answer back at last, albeit rather tongue-in-cheek!

A Plethora of Memes

After tweeting, a plethora of memes were sent to CZ from the XRP community to try and convince him that this really was the best and only way forward in their eyes!

According to one follower, going by the name of Bank XRP, who responded to CZ’s tweet earlier today, there are four main reasons why:

  • Environmentally friendly
  • Reliable
  • Low Transaction Fees
  • Fast

CZ wowed and delighted his followers even further by also tweeting a LinkedIn link to his witty, step-by-step guide on exactly how to get your coin listed on Binance.com.

Tips include advising against trying to put pressure on Binance to list your coin and suggests that the best way to get your coin listed would be to work hard on your project and that keeping Binance updated will highly increase the chance of being listed.

As CEO of Binance.com, CZ also shows his followers that lack of greed also prevails – all listing fees paid to Binance.com will be donated to charity.

Having taken over Ethereum as the second largest cryptocurrency in the world, XRP investors suggest that Binance should couple all its cryptocurrencies with XRP. For those of you who may not be aware,  after overtaking Ethereum for the second time in one month, after a tense battle, XRP has now succeeded in achieving second place right behind Bitcoin!

This has all been largely aided by Ripple’s efforts to increase its customer base over the past few months. Further banks are joining the RippleNet where XRP is employed as a base currency using xRapid in cross-border funds transfers.

CIMB is Ripple’s most recent addition. Boasting its ranking as the fifth bank in ASEAN, CIMB Group enters RippleNet and implements Ripple’s tech. This will ensure that the bank provides its customers with instantaneous cross-border payments. Ripple reports that CIMB is among the first banks to leverage blockchain technology in an area where payments are notoriously inefficient and slow.

Also Rooting for XRP

The reasons why members of the XRP community are convinced that XRP should be the base on Binance is that it is now a base on the XRP United Exchange and also on the CoinField Exchange.

Weiss Ratings, which is among the largest rating companies, Tweeted back in August that they also agree that XRP should be the base.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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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Blogs

What Changes May the Crypto Space Experience in 2019

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After the crypto hype of 2017, a lot of newly-arrived crypto enthusiasts were caught off-guard by the price crash and bear market that took over in 2018. One month after another, investors were waiting for things to change, and for another bull run to take place. Unfortunately, this did not happen in 2018, and while the year’s final days were seemingly stable, the rally everyone wanted to see has failed to arrive.

However, crypto investors remain optimistic, with many of them hoping to see some changes arrive in 2019. There are rather great expectations of this year, especially since the last one failed to deliver. However, many are interested in what exactly is to be expected in this year, which is what we will talk about today.

Bitcoin ETF approval

The US SEC’s decision regarding Bitcoin ETFs was one of the most anticipated events throughout 2018. Sadly, the decision constantly got delayed, and the SEC never actually provided an answer. The last delay has pushed the decision into 2019, and it is now expected to arrive on February 27.

Historically, the SEC was never ready to approve Bitcoin ETF, and many believe that the delays came due to the fact that the market was not ready for then in 2018. This is backed by the fact that the SEC rejected multiple application throughout the year. VanEck and SolidX…

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Reasons Why 2019 May Be A Great Year For Crypto

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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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3 Coins with the Largest Potential in 2019

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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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