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Ripple and Apple: How They Can Partner Up

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Ripple and Apple
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In the world of cryptocurrencies, the right partnership can make all the difference. If a large corporation develops an interest in a certain cryptocurrency, the price of that currency can skyrocket within hours. Additionally, the amount of trust in that currency will rise as well, which will bring even more attention to it.

Such partnerships are not happening on a daily basis, and there are often only a few truly big ones in months. However, when they occur, both the coin and the company can benefit greatly. The partnership between Ripple and Apple is one that the crypto community has been waiting for, for a long time.

Ripple (XRP) troubles in 2018

Neither Ripple (XRP) nor Apple needs an introduction at this point, as they are both well-known in their respective industries. However, while both are large and well-known, Ripple has had a lot of difficulties in the recent months.

The coin was involved in numerous lawsuits, where it had to deal with allegations of being a security, a scam, and even a centralized currency. Even some workers at Ripple Labs were involved in these kinds of lawsuits. As if that was not enough, XRP is still a cryptocurrency, and as such, it had to suffer nearly 9 months of the constantly bearish market.

Like all cryptos, it lost a lot of its value back in January when the market crashed, and the situation was slowly getting worse ever since. Ripple is among the most trusted coins when it comes to banks and other financial institutions. This has had a large role in helping the coin with keeping its reputation and remaining the third largest crypto.

Its numerous products, like xRapid, have shown a lot of potentials, and even a capability to revolutionize the way we send payments. This is why the banks like this coin so much. However, even though Ripple has partnered up with numerous banks, this was still not good enough for the coin to truly rise. This is where Apple comes in.

Ripple and Apple — The relationship between the two

Back in May, Apple released a new announcement, stating that it has integrated Ripple’s Interledger Protocol. This is an open protocol suite that is used for sending payments over different ledgers. It basically works as routers on the Internet, and it allows making payments across independent networks.

For a troubled Ripple, this came as a huge news, especially since Apple announced that it will roll out the update for both, Mac and iOS. At the time, this also hinted at the possibility of Apple adopting cryptos as a valid payment method for its Apple Pay.

Now, Apple has made another move that benefits Ripple, which is the addition of its XRP token to its stock market app. The new move allows Apple’s users to always be able to quickly check crypto prices, and keep them up to date.

Additionally, Ripple is a form of money that has received the biggest number of trading pairs in Apple’s stock exchange app. It is paired with USD, EUR, GBP, CAD, AUD, INR, JPY, and even CNY and KRW. This is another large thing for Ripple, but also for cryptocurrencies in general, since Apple is showing interest in integrating them into its stock app.

Obviously, this has been very exciting for the entire Ripple community, especially after another market drop earlier in this month. Now, with the new development, Ripple’s price is expected to recover, which has already starting to happen. The coin has experienced a 3.05% increase in value within the last 24 hours, and its current price is $0.278934.

Check out the new Global Coin Report YouTube channel as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

 

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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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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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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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