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Here Is How Coinbase is Finally Warming Up to Ripple’s XRP

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XRP
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The conversation and speculation of Coinbase finally listing XRP has been a topic of discussion in the crypto-verse from as way back as December 2017, when the crypto-markets were literally firing on all cylinders. This talk of Coinbase adding XRP made the latter digital asset so famous, that it peaked at levels of around $3.80, but only to drop in value till the current levels we are seeing of $0.43.

But things are looking up for the digital asset that is the fan favorite of many HODLers. Coinbase, through its Custody service, has announced plans to support XRP and other 36 digital assets. The Coinbase Custody service is meant to be a secure storage service for institutional investors and high net individuals who want to store their large sums of digital assets in a secure place that has the comforts of a regular bank vault.

Coinbase announced the following with regards to the new support of the 37 digital assets to its storage service:

“Coinbase Custody is exploring the addition of many existing and forthcoming crypto assets for storage only, and will be working to add them as quickly and safely as possible. At this time, we have not yet considered these assets for trading. We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.”

The 37 digital assets are as follows:

  1. Cardano (ADA)
  2. ZCash (ZEC)
  3. Stellar (XLM)
  4. XRP
  5. EOS
  6. Monero (XMR)
  7. VeChain (VEN)
  8. Tezos (XTZ)
  9. Qtum (QTUM)
  10. Bytecoin (BCN)
  11. Bitcoin Gold (BTG)
  12. Decred (DCR)
  13. Bithsares (BTS)
  14. ICON (ICX)
  15. Ontology (ONT)
  16. STEEM
  17. Dogecoin (DOGE)
  18. SiaCoin (SC)
  19. Wanchain (WAN)
  20. Nano (NANO)
  21. Telegram
  22. Filecoin
  23. TaTaTu
  24. Dfinity
  25. Blockstack
  26. Basis
  27. NEO
  28. DASH
  29. NEM (XEM)
  30. TrustToken
  31. Hedera HashGraph
  32. TokenCard
  33. Polkadot
  34. Kik
  35. Props
  36. Origin
  37. Foam

With this news, the cryptocurrency exchange of Coinbase has more or less opened its gates to finally listing XRP and the above 36 other digital assets on its crypto exchange. This is due to the fact that their high net clients will want an easily accessible exchange to trade their digital assets locked up in the Custody service. What better efficient way than to have an integration into a crypto exchange?

In conclusion, and even with a bear market, the signs and signals from all over the crypto-verse indicate increased interest by Institutional Investors to get into the crypto industry with both feet. One is tempted to predict that by the same time next year, the crypto-markets would have surpassed the $1 Trillion total market capitalization. But let us stay in the present and think of ways of stocking up on the relatively cheap digital assets before they all aim for the Moon.

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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

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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