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Will Ripple XRP reach $1 as 2018 ends now? deVere CEO says yes - Global Coin Report
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Will Ripple XRP reach $1 as 2018 ends now? deVere CEO says yes

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Ripple XRP
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Ripple is showing positive signs for a bullish trend at the moment and the CEO of deVere Group, Nigel Green believes that the price of XRP could move above $1 before the end of the year.

Ripple’s XRP is the third-largest cryptocurrency and has a market capitalization of $21 million at the press time. Green believes that Ripple is well-suited for the surge and anticipates Ripple’s utility to increase for more adoption by many FinTech companies and organizations around the world.

Green also stated this: “Cryptocurrencies are the future of money and, clearly, XRP is proving to be one of the most useful cryptocurrencies for businesses, organizations, and individuals.”

deVere Group CEO continued,

The use of XRP is set to increase, and naturally, this will positively impact its price. I think it is likely that we’ll see it hit the $1.00 price level before year-end. It could even be double this in 12 months’ time as XRP adoption and usage soars.”

Nevertheless, Green made his prediction due to the way cryptocurrency is changing the world today concerning the finance and money transfer. Ripple (XRP) has already shown it can revolutionize cross-border payments and global finance.

Recent Ripple Strides

Ripple is changing the way cross-border payments are being done, and this has become a top solution for global remittances. Trust payment firms such as MoneyTap and TransferGo has adopted Ripple’s technology.

Additionally, Ripple will be launching one of its products, xRapid in less than a month now, but a specific date hasn’t come up yet on when this product will be launched. It is important to know that the announcement of this product was revealed by the Sagar Sarbhai who is the Asia Pacific and the Middle East regulatory relations head at Ripple.

Also, XRP is set to become one of the main medium of payment for a new technology startup company known as Coil (in fact the platform has already started functioning). Coil, a startup company based in San Francisco has taken on to create a new platform to help contents and its creators.

It is important to know that Coil makes use of Web Monetization protocol to pay content creators. Coil also aims to use Interledger protocol “which means that you’re not tied to any currency, token, or single company.”  The company further said this:

“We’re going to start off with background on Interledger and Web Monetization before diving into how to use it yourself. The project aims to address slow block finality, high transaction fees and unsophisticated payment channel constructions that exist within blockchain payment solutions today. The team is building a decentralized payment network leveraging Interledger for clearance and is actively working on an Ethereum plugin for the protocol.”

Ripple also is experiencing a sell-off as Jed McCaleb, Ripple’s co-founder has decided to increase the sale of XRP tokens he possesses. It is also worth noting that that within a week, ending Wednesday (September 26th, 2018), McCaleb increased his token sell-off to over 500,000 XRPs. Even though McCaleb’s sell-off seems massive at the moment, it has affected the price nor the market activity of Ripple.

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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.

Photo by Jack Harner on Unsplash

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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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