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Ripple (XRP) and Bitcoin Cash (BCH) Now Available On The Revolut App and Wallet

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Ripple
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News reaching Global Coin Report, indicate that U.K Fintech startup, Revolut, listed Ripple (XRP) and Bitcoin Cash (BCH) on the App and Wallet on the 24th of May. In the announcement via the Revolut blog, the team was full of praise for both coins and cryptocurrencies in general. The team at Revolut had promised from last year, to add new cryptocurrencies constantly as part of their evolving services to users. XRP and BCH now join Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) on the wallet.

The team had this to say about the addition and cryptocurrencies in general:

“Last year, we promised to add new Cryptocurrencies to the Revolut app, so say hello to XRP and BCH. We have always believed that the world of Cryptocurrencies should be open and available to everyone, and not reserved for the tech-savvy and digital currency enthusiasts.

So, back in December, we launched a product that would allow millions of our customers to instantly buy, hold and sell Cryptocurrencies at the touch of a button. No exchanges. No private keys. No cold storage. Just instant exposure at your fingertips.”

The Revolut app is very versatile in that it also provides a pre-paid debit cards (Mastercard and VISA) as well as allowing for the transfer of funds across the globe in a peer to peer manner for all its users. One can send or receive traditional fiat as well as the cryptocurrencies mentioned above with majority of the services on the app being free.

Also to note is the availability of a ‘vault’ in the app where you can save or lock up your funds for a specific amount of time via a savings scheme. There is also a tracker for your spending on the app, allowing the Revolut app to enable you to have access to traditional banking services at your fingertips. No more going to the bank or waiting in the mail for your transaction history.

With respect to the newly added coins of XRP and BCH, the crypto-markets have shown some stability today with the total crypto market capitalization holding steady at $333 Billion. XRP is trading at $0.611 with BCH trading at $1,027 at the moment of writing this. But hopes are high that the market will recover in the coming week.

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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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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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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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