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Demand for Ripple XRP spikes! A fledging unicorn startup adds XRP to its trading platform

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Ripple

Of all the cryptocurrencies in the top 100 list of the best coins in terms of market capitalization, there is no denying that Ripple XRP receives the most bashing from pioneer crypto enthusiasts simply because it has a centralized appeal to the banks. In contrast, Ripple has recorded the most profit with its price gaining by a massive 30,000% in 2017 alone. In fact, other digital currencies have come nowhere close to what that tremendous rally and growth in price.

Perhaps it’s this growth potential that the XRP posses that make it receive so much hate and so much love almost in equal proportions. We are not saying that Ripple XRP is immune to market fluctuation. After all, XRP has since dropped drastically in price to its current mark at $0.6 if you are to compare it with its price earlier in the year in the range of $3 per XRP. Even then, the coin had managed to maintain a somewhat stable 3rd position with increased listings in various exchange platforms surpassing the likes of Bitcoin and Ethereum.

Overwhelming Demand for XRP

However, if recent reports from Forbes are anything to go by, Ripple XRP might be on its way to gaining even more traction and adoption. The coin just recently got supported to Revolut’s trading platform to which Vlad Yatsenko ( Revolut’s chief technology officer) responded saying:

We’ve been asking the Revolut community which cryptocurrencies they would like to see next and the demand for both XRP and Bitcoin Cash has been absolutely overwhelming

More about Revolt

Revolt is a London based fintech startup that boasts of being one of the fastest growing startups in Europe with a daily 100,000 Bitcoin Litecoin and Ethereum trading volumes. The company has over 400,000 users on its platform with 20 percent of the users already trading on its mobile app developed last year.

Revolt users can use the app to change fiat currency into digital currency not to mention trade cryptocurrencies against other cryptocurrencies. The company’s move to take up digital currencies like Ripple XRP and Bitcoin Cash is because these two are the least supported cryptocurrencies by the big exchanges. Furthermore, Revolt prides itself in listening to community feedback and the fact that XRP is now listed on its exchange is a clear sign that adoption of XRP is gaining traction

In fact, recent reports of Hollywood star and actor Ashton Kutcher paying $4 million in Ripple to Ellen Degeneres’ wildlife fund are clear examples of just how fast the ripple XRP is gaining mainstream attention and adoption.

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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

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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Blogs

How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

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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