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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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Ripple
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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

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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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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