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Ripple Makes it to Hollywood as Ashton Kutcher Makes a $4 million XRP donation to Ellen’s Fund

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If you thought Bitcoin was the only coin capable of getting some mainstream attention, think again. After Ellen DeGeneres got down with Bitcoin explaining Blockchain and the concept of decentralized networks to her audience by comparing the top ranking cryptocurrency with a baby goat, another cryptocurrency is now also having its 15 seconds of fame on the Ellen DeGeneres show. That coin is none other than Ripple (XRP).

Ashton Kutcher Surprise donation with XRP

During the show, Ashton Kutcher (Hollywood actor) appeared as a surprise guest to the daily talk show with a $4million late birthday gift for Ellen meant to be a donation to Ellen DeGeneres’ Wildlife fund. Ellen had already planned out a trip to Africa as an initiative to focus on her passion about wildlife only to get a happy surprise of Ashton Kutcher showing up to make the donation live on the show using Ripple XRP.

Apart from being a renowned Hollywood actor, Ashton Kutcher is also a venture capitalist with Sound Ventures. He made the donation on behalf of ripple as a gesture of ripple’s commitment to integrity and also as a way of giving back.

According to Kutcher, Sound Ventures is already investing in ripple and as Ellen pressed the button to send the money to a bank in Rwanda( where Ellen will be visiting) Kutcher was quick to point out how easy, fast and secure the transaction was unlike the usual check that would take days to clear.

Now, usually people come out with a big giant check and do the ‘big giant check thing’, but we can transfer it into Rwandan Francs right now right here, and all you need to do is push this button

Ashton Kutcher is bullish on cryptocurrencies

Ashton also revealed how he met up with Ripple and realized how Ripple as a company is focused on ethics and generosity.

He said,

So, we were meeting with these folks and were talking to us about the ethics of this company and this platform and how they actually really care about being an ethical company and giving a portion of this platform away to people that are doing good in the world

It is no secret however that Kutcher has for a long time been a Bitcoin bull as seen in his investments toBitPay ( a crypto payment processor). Apart from Ellen’s show, Ripple has also been featured in other shows such as the Late Show with Stephen Colbert. Ripple has been on a streak of actively donating millions to worthy non-profit organizations and the donation to Ellen’s Wildlife Fund is one of many more to come.

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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.

Image courtesy of JD Lasica via Flickr

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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