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Despite Bitcoin being the giant, Ripple would guarantee a higher return

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Ripple
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The past few weeks (or months) have not been the best for the cryptocurrency investors as the prices were all on the downfall. However, in the past few days, things have seemed to get up again. Bitcoin is the giant coin and most investors for some time now have only been buying this digital coin.

Investors now thinking of getting into the market may consider several other crypto assets, and not only Bitcoin. Currently, bitcoin is trading at $8,700 (and that’ because of an overnight jump, it was $8,200 yesterday) from an initial high of $20,000. Assuming that bitcoin will regain the initial high again; any purchase now will get a return on investment of 140%.

That sounds great, right? But if everything stays as much constant that all crypto assets return to their original highs, then there for sure are some other cryptocurrencies that may have a greater ROI than bitcoin.

For instance, Ripple’s XRP at the moment is trading at $0.92 (hiked almost 20% just within last 24 hours) from its high of $3.30; therefore, it has the potential to provide investors a whole 300% return if it gets back to its original high. Everything is possible in the crypto market hence we can’t rule out any possibility of it happening and especially in case of Ripple that looks very much on the card.

In fact, it is very easy for Ripple as it is backed with great payment providers (well-known) as well as big-name banks. Ripple’s goal merely is making cross-border payments efficient for these banks and all the payment providers.

Ripple’s XRP reduces the movement cost for money transfers as it makes the whole process simple and faster. The time of money being stuck in accounts in different currencies is being reduced as it can be converted to XRP, and then sent to the recipient. Most banks and institutions are adopting the Ripple’s products, which is why it will get to its original high even sooner.

Furthermore, Ripple has signed partnerships with great players that include SBI Holdings, Santander, and LianLian International — these all three are mega players in their respective industries. Partnerships of this nature will for sure get Ripple more adopted and more familiar to the general public.

It goes without a say that recently reputable money transfer companies like Mercure FX, MoneyGram, Cuallix Mercadotecnia, and IDT Corporation tested Ripple’s rapid product. This is a good sign for XRP to get and do even better, in fact, several other financial institutions (more than 100) from payment providers to banks want to integrate Ripple’s blockchain solutions; Ripple XRP simply seems to be going viral.

Subsequently, as we head to mid-year, it only seems bullish for Ripple. But in case of failure, Ripple will cause a severe press to the entire crypto market; hence, a bad picture for the blockchain technology. And, as it looks now, what the future holds for the blockchain technology is for it to change the picture and shape of the world soon — like what the internet did.

With all that being said, Ripple is cheap, and for small account investors it is the best bet; therefore, it is all in favor of Ripple whereby bitcoin will more likely have a tough to keep up with XRP’s growth.

All that investors have to do is to be keen on their investment options as the market is getting up from the fiasco in the last few months. Ripple has got a big target market plus the opportunities already discussed that will let it grow, and as per now it only seems that the moon is the limit for this crypto.

In fact, it is all positive around the coin as well as the partnerships it is getting into proves not only the confidence institutions have towards it, but also shows that sooner Ripple XRP will hit its high and even beyond. Consequently, all powers are with the investors to make the right decision – and Ripple surely looks to be the horse they should put their bet on, of course, if they don’t want to regret later.

We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up for our Telegram!

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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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