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Here is how Ripple’s solutions can help Amazon to reach the next level

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Ripple XRP
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You think Amazon has become so big that it does not need any other company’s tech to keep growing? Think again. If the tech is as advantageous as Ripple’s XRP and other solutions, then why not. Here in this post, I’ll try to explain why Ripple’s technology would be the best option for giants like Amazon to reach the next level.

So, in recent times, everyone in the cryptosphere seems to be so worried about the conditions of the market that inevitably many of the holders are starting to succumb to the generalized pressure, and are selling their holdings to protect their investments.

In this sense, for the one part, it results in a very comprehensible action, it just doesn’t seem like the takeoff is at the back of the corner. But on the other, it looks as well like many of the enthusiasts and investors are simply forgetting the normal behavior of the sector, and how we tend to go from the very bottom to a massive peak in a matter of time.

In relation to this, some of the most important figures in the crypto world have shared their thoughts in an attempt to calm the masses. For instance, the CEO of IOHK and co-founder of Cardano (ADA), Charles Hoskinson, recently stated that this is not something new, he said that,

“we’ve been here before,” and as we did before we will manage to take control of the market one more time, we just need to remember that is not that big a deal, “everything’s fine.”

Following the line of being calmed, one may think this is actually the best time to think of the possibilities that many cryptos have, and the help they can provide to the whole market. For instance, Ripple’s XRP, which has the potential for adoption by giant platforms like Amazon could give a quick upturn to the current scenarios. Let’s see how.

What Ripple has to offer

Rumors of a likely adoption of Ripple’s XRP by giants companies are actually not that new. In fact, at the end of last year, it was commented already that Amazon could be adding XRP as a payment solution on their platform, which in case of happening would certainly be great news for the crypto world. But what does Ripple have to offer that may be of interest for Amazon and other tech giants? Here we enlist a few characteristics:

  1. Transaction speed and cost: Ripple’s XRP has proven to be very trustable crypto while making a transaction. In fact, it takes only 3.3 seconds for Ripple’s platform to make a transaction, and when it comes to costs, it is by far one of the cheapest solutions in the cryptosphere with a fee per transaction of only $0.0004, which undoubtedly would be characteristic of interest for Amazon.
  2. Business relations: Ripple has established the most solid partnerships all across the globe, and the best of all is that it has engaged with thousands of banking institutions, creating like this a link between virtual currencies and the regular financial system. Also, the crypto possesses a large number of prominent endorsements already, such as the ones of MasterCard, American Express, Banco de Santander, Western Union, and others; and this, to say the least, is for sure something that would represent a huge benefit for a company like Amazon.
  3. Accountability: Putting aside the current conditions of the market, Ripple’s XRP has always characterized for being one of the top 3 cryptos with the lowest value per coin, which, of course, represents a huge advantage if we take into consideration how would it be the conversion from crypto to fiat money on the Amazon’s platform.

Conclusion

There isn’t a doubt that when it comes to considering a crypto to help Amazon to go further, XRP is the best option. However, some pieces of stuff should be considered as well to think of this as an actual possibility.

For instance, the integration of XRP in each one of the Ripple’s solution could be an essential step towards a broader acceptance, and on the other hand, the adoption on important exchanges such as Binance and Coinbase could also be of use.

Concerning Coinbase, many things still need to be resolved before this becomes a reality, but when we talk about Binance, the possibility is way closer. In fact, Wiss Ratings recently declared that they “think that the #XRP is the fastest digital asset to transfer funds between exchanges.” A message they concluded by saying that “It only makes sense for #Binance to use it as the base #currency.”

We can all be sure that great things are coming shortly. Will Ripple’s XRP be used on Amazon platform? Stay tuned. We all may be surprised.

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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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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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coins
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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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