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Ripple, Ethereum, Bitcoin: What’s in the cards for them?

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Current neutral observers are calling the crypto-coin market “volatile.” It’s not volatile. Since last December it’s been going down like a lead balloon, there’s no way around even for Bitcoin, Ethereum or Ripple (the top threes). But the cryptosphere marches on in the knowledge that bearish runs are not eternal but just a stage in which you wait for the next bullish run to arrive, and take advantage of the opportunity to buy cheap.

In that spirit, several blockchain projects keep moving forward and pursuing their goals as if the market didn’t matter at all. And if they get their way, the market won’t matter at all, indeed. Let’s talk about a few of them.

Last week was “Blockchain Week” in San Francisco, home of Silicon Valley and digital tech capital of the world. Many interesting news came out concerning Ripple, Ethereum and Bitcoin last week. Let’s briefly review some of them.

Ripple

Ripple’s annual conference was held starting last Monday, with former President William Clinton delivering the keynote speech (which barely mentioned blockchain technology or cryptocurrencies at all) but gathering a lot of attention for the event.

Swell 2018 (that’s the conference’s name) concentrated on Ripple’s platforms’ applications and the launch of xRapid, the company’s new platform which will use XRP (Ripple’s native currency) as a means to consolidate an international remittances network.

Ripple’s technology to settle international payments is ready to go into the production stage. It’s not extensively deployed yet. But big players such as Banco Santander are using it already, and the tech is so good it could end up taking over SWIFT’s business. SWIFT’s conference is getting held at the end of this month too, and they also included Ripple in theirs (a big surprise to many).

The most relevant thing about Swell is that three big financial institutions are using xRapid in the production stage already, not just as a pilot or as a trial. If that works well for those three banks, many more will follow, creating demand for the XRP token and bringing Ripple’s technology into the traditional financial system’s mainstream.

Big and small banks all over the world are starting to realize how Ripple’s platforms and currency can give them a competitive advantage and joining in pilot programs. They can save money, time, provide their customers a better service. They’re paying attention.

The mood at Swell, according to participants, was very optimistic which is good news for everybody in the crypto community, not just for Ripple. It’s all about mainstream adoption, which is the point in which cryptocurrencies stand a serious chance to take over the world. No, we’re not joking about this.

Ethereum

After Ripple, we have Ehtereum to talk about. Things haven’t changed there in a while. The same amazing advantages. The same complaints: the network is slow, and the gas price becomes inconvenient as the token’s value goes up.

That is why the community is working hard to make things faster at Ethereum, but it’s also why many projects are looking to transfer their platforms away from Ethereum to other blockchains which are much faster and also much cheaper (Cardano, EOS, Tron are good examples, some of which, ironically, started over Ethereum).

Bitcoin

On Bitcoin’s front, prices are still expected to rise. But nobody knows when. While nobody doubts this will happen, it’s becoming a bit of a tedious wait because it’s been ten months already.

There’s obviously nothing wrong with Bitcoin, but speculative pressure has kept it down for a very long time, and that pressure keeps almost all other coins down because, in exchanges, most cryptocurrencies are pegged to Bitcoin in some way or another.

In short: Despite the not so pleasing present, there seems to be a bright future ahead for Ripple, Ethereum and of course the king, Bitcoin. There’s plenty of good news in the cryptosphere, and we didn’t even mention Tron or other projects that have been leaping forward spectacularly. But don’t worry, we report on all those news too, every day.

For the global insights every crypto trader must have, apply for Elite membership!

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

Trusted Crypto Tumbler To Protect Your Wealth

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Back when Bitcoin originally emerged, over 11 years ago at this point, cryptocurrency transactions were believed to be fully anonymous. This belief stuck around for years to come, but today, we know that, in most cases — this is no longer the truth.

Since the invention of blockchain explorers, it became possible to track every Bitcoin transaction, all the way back to the genesis block. This came as a part of blockchain transparency which promises to eliminate corruption, theft, and other such issues.

However, there is still a need for a certain level of privacy, as people like to keep their wealth to themselves, and not let everyone know how much money they have, or how much they sent for whatever purpose. This is why many are now using crypto tumblers, or mixers.

What do crypto mixers do?

As the name suggests, crypto mixers/tumblers mix up the coins in order to hide/disguise/make it difficult to discover where the coins came from. Things like the amounts, transactions, and wallet addresses to and from which the coins travel are fully traceable, which is why tumblers exist.

In a way, you could say that mixers can add an extra layer of privacy while using Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies. There are many Bitcoin mixers Continue Reading

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5 Best Places to Bet with Bitcoin

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It seems like BTC is always making headlines for one reason or another.

When the market points towards bullish behavior Bitcoin is all the rage. When there is so much long action (going on right now) and then the price plummets, BTC also dominates the headlines. The same goes for legislation and when any new crypto product or platform comes out. It’s always compared against BTC.

So with BTC fever in full swing, sportsbooks around the world have adopted digital currencies as one of their main forms of funding accounts and paying out winnings. And with sports betting legalized in states across the USA, both BTC and legal online gambling are in the limelight. 

But where are the best places to bet using BTC and other cryptos? Furthermore, why would you want to use BTC, LTC, or Ethereum in this manner?

The Why

The principal reason why you would want to use cryptocurrencies in your ‘sports investing’ ventures is speed, cost, security, and bonuses.

When you use cryptos like BTC (BTX) to move money in and out of your account. You bypass the standard centralized banking system which drastically improves on both the speed of the transaction and the cost of the transaction – this is especially true with payouts. 

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Bitplaza Inc Introducing Cryptocurrency to Retail

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Even though influential companies are not ready to validate cryptocurrencies as a stable form of money, Bitcoin is becoming a more frequently used currency daily. There is a rising number of companies that accept Bitcoin for the purchase of their products, validating it as a spendable currency around the globe.

Bitplaza Inc took the next step into technology and commerce, providing customers with a platform where they can spend Bitcoins for their needs through a mobile device. It opens the opportunity for companies and brands to list their products in exchange for Bitcoin, which will give more credibility to the coin.

What is Bitplaza?

Bitplaza is a shopping app that belongs to a retail company called Bitplaza Inc, located in Pennsylvania. The app is available on both Google Play and the Apple App Store. Bitplaza allows anyone globally to purchase brand new items with Bitcoin. The app has a wide variety of products to buy online, from electronic devices, video games, even groceries. The products that can be purchased from the app range from popular brands such as Sony, Starbucks, Adidas, Apple, and many more. The Bitplaza team is always adding new products to the shopping app, making more items available to be purchased with Bitcoin. The app covers a broad range of products for the different needs of the…

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