Connect with us

Featured news

Ripple horizons expand as XRP gets listed on Swiss-based exchange Lykke



Ripple XRP

On October 30th (just a couple of days ago), Lykke announced two listing pairs BTC and USD for Ripple (XRP). The exchange said their decision to add XRP is based on the fact that it’s one among the most requested and traded coins.

Lykke is a crypto exchange and blockchain project that aims to offer a platform which anybody in the world can use to exchange virtual currencies without needing to pay any fees. It emphasizes user-friendliness.

While this is not a platform that is very often on the limelight (which is not a bad thing when you consider how often that happens because of scandals) it’s still one of the most respected in the world and, reviews about it are usually very favorable and is generally considered to be trustworthy.

This new entry to the relatively long list of XRP exchanges uses a distributed ledger technology, based on Bitcoin’s blockchain. Or, at least, that how it started. Nowadays it’s also using Ethereum’s blockchain. You can access Lykke’s services very easily because even a mobile phone can do the trick. All you need to get started is to download and install a wallet. Execution of operations is guaranteed, settlements are instantaneous.

Lykke has offices in three different countries in the world: Switzerland, England, and Vanuatu.

The exchange even issues its very own cryptocurrency called LKK. The coin is backed up by the company’s value as every token is worth 1/100 share in the company (yeah, this means this coin is a security which has been a controversial issue for the cryptosphere in the recent months). Unlike Ripple’s XRP, the LKK coin is maybe not a star in the crypto sky, but the exchange is, indeed, among the most respected ones in the world.

Lykke’s services are available the world over, except in the USA, Australia, Canada, and Japan.

So, just a couple of days ago, the company announced that Ripple’s XRP currency is available on the platform. This is different from other XRP offerings because investors interested in Ripple’s coin will be able to buy XRP directly instead of trading it for Bitcoins or ETH wich, so far has been the rule in most exchanges in the world.

Ripple and XRP are not the same things. Ripple is a private company that produces blockchain technology aimed at settling international payments with the least possible amount of friction. XRP is the cryptocurrency created by Ripple to achieve that goal. This is an important distinction because, in the cryptoverse, you’ll often find that the coin is referred to as “Ripple” when it should be “XRP,” and this causes confusion.

Coming back to the point, this is an essential step for both Lykke and XRP. Lykke will be able to capitalize the interest that XRP has been gathering recently (one of the very few coins that have been rising in price over the last month).

Ripple, on the other hand, will be able to expand its horizons. XRP was never meant to be a retail coin for enthusiasts (like Bitcoin, or most other assets are) but a cryptocurrency that banks could use to do their job. That game is changing as Lykke, and other exchanges are turning it into a cryptocurrency you can buy directly, without using Bitcoins first, and that you can hold.

Ripple’s XRP has been growing steadily in value, and it’s now challenging Ethereum for the second place in the cryptocurrency capitalization market. They’ve been reporting amazing news recently. There’s even a plastic debit card based on XRP you can use in the street to pay for your cigarettes (ok, you don’t smoke… let’s call it beer).

Lykke is moving forward. And XRP is helping it along.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up 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.

Image courtesy of Flickr


Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring




Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

Continue Reading


Investors Beware: Another Large Bitcoin Crash Might Be Coming



Bitcoin crash

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…

Continue Reading


Top 3 Coins to Buy Before They Go Big




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.


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…

Continue Reading