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Hurry up. Golden Ripple (XRP) investment opportunity window closes shortly

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Ripple XRP
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The month of July is a significant one, and it might also be the month when the window of opportunity (in terms of huge returns) in the crypto market closes. Taking a look at the crypto market, the market has been bearish with lots of dips. However, three basic factors have been holding the crypto market back for the past few months. Here I’ll discuss why the month of July would be a crucial month for cryptocurrencies, especially Ripple’s XRP.

Custody issue

Coinbase has finally solved one of the biggest issues that institutional investors face. The problem of custody – which means where and how big institutions can store their cryptos without the fear of their funds being stolen by hackers such as instances with exchanges that have been hacked by cyber thieves.

Coinbase has found a solution termed Coinbase Custody: a service that helps to store Institutional funds. On June 2, 2018, Coinbase said this on its official Twitter page:

It is important to know that the exchange platform aims to be the most trusted crypto exchange in the world. Additionally, another aim of Coinbase Custody is to make sure that the storage of funds and investments are readily available for every financial institution out there. The exchange’s new service will have a storage mechanism for its clients’ digital assets (cryptos).

The problem of custody has been on for quite some time in the crypto market. Lots of institutional investors are bothered on where their cryptos can be stored. However, the Coinbase’s CEO, Brian Armstrong stated the most crucial problem that eligible institutions face with cryptos is security. With this problem solved, the window of opportunity (concerning huge returns) of major cryptos (including XRP) will close this month, July 2018.

The regulatory environment

We do know the debate on whether XRP is a security or not. Well, lots of investors are scared if they will call XRP a security. It is important to know that Thailand skipped the big debate on whether cryptocurrencies are securities or not.

The country skipped this debate due to the fact they want cryptocurrencies in the country to boom. One fantastic thing that Thailand did was placing Ripple (XRP) with other major cryptos such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Stellar, and Ethereum classic, as standards for ICOs and trades to pair with.

Thailand’s move indicates that most governments are preparing to back away from holding cryptocurrencies.

If you look at the top 5 cryptocurrencies today, most of them are based in the US. One crypto that is working closing with the US government is Ripple, and they are making sure that the US government check their activities to make sure that nothing goes wrong.

Regulatory policies by the US government may not harm Ripple due to the close check and updates Ripple has been offering to make sure the US government remains at the top to other governments like China. It is safe to say that Ripple (XRP) is a cryptocurrency that can make the US government stay on ‘top of its game’ to other countries.

Why is that so, China banned cryptocurrency, but recently, they are set to lift the ban. The country knows that the use of cryptos is worldwide and modern technologies are being used in the crypto market. With that in mind, the Chinese government won’t want to be left behind in remaining competitive with the US government and other governments.

Utility issues on the edge to get resolved

The crypto market is also faced with utility issues, and they are lots of questions concerning if digital currencies are going to be used by banks or financial institutions. In fact, this is the biggest of all the issues stated here. What’s the essence of a digital asset if it can’t be used?

A crypto coin like Ripple (XRP) has excellent potential, and one day, just because of this single reason (let other Ripple blockchain pros be on the side), its price will be way more than what it is today. Ripple (XRP) has lots of exciting plans for their products and xRapid – a product that uses XRP will go into production very shortly, according to Brad Galinghouse. It is also important to know that xRapid and xCurrent are Ripple’s software and these software use XRP for liquidity.

Utility issues not only applies to Ripple (XRP) alone, but to other digital currencies. This is due to the fact if digital currencies are used continually, lots of good things will occur and the transactions of funds will be much easier for banks, Amazon, and similar platforms because of the blockchain technology. Ripple has the potential to be the first company to be used by the Financial industry for cross-border transactions.

Final Words

Ripple (XRP) is a futuristic blockchain that sets its aim on long-term goals. The cryptocurrency is almost on the cusp for a breakout, and as a result, the window of golden opportunities (mega returns) might close very soon. As it stands now, it is an excellent time to invest your money in Ripple (XRP). Not just for Ripple, the month of July could be the turning point for all major cryptocurrencies. Let’s wait and hope for the best.

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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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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

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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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.

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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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