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Ripple (XRP): A big price surge is imminent

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Ripple XRP
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Ripple hasn’t been a favorite on publications online. The media is somewhat negative about XRP and its activities. As one can expect, most of these publications and articles about XRP have caused fear, uncertainty, and doubts among Ripple investors. If you take a look at cryptos such as Bitcoin, there are lots of positive news about it, and probably this is one reason why the price of Bitcoin is breaking away from other cryptocurrencies at the moment. At the time of writing, the value of XRP is at $0.46145, went up by 1.31% in the last 24 hours.

Most of the media news are being influenced by the ‘whales’ to talk down on XRP. Current media news constantly talk about what will happen to Ripple (XRP) if it is declared as security – will it survive? Will its price dip further? These are some of the news articles you would find trending about Ripple XRP today. These media publications have installed fear and doubts in the mind of Ripple investors. It is necessary to know that in the last 24 hours, XRP’s price went in green; still, it is unlikely that the price of XRP will keep going up dramatically. We will have to wait.

Ripple will not be declared as a security. The company has been working with different regulatory bodies right from the start, declaring that Ripple and XRP are not alike; and that if Ripple ceases to exist, XRP will still remain. Ripple is closely working with the SEC, trying to finalize and clarify things so as not to be declared as a security.

The current media publications still weigh down XRP and the whales are waiting for that big moment to gather as much XRP as possible before SEC’s announcement on Ripple not being a security. With that in mind, now is the right time to buy and invest on Ripple before SEC’s announcement.

Cross-border payments will be powered by Ripple (XRP) in mass very soon

Ripple recently filled two new transaction trademarks. Both trademarks work on the same design, and they both run on Ripple’s network. It is however likely that any application that runs using Ripple knit such as OnePay will show the trademark. This new feat by Ripple is a big one and it shows the company’s commitment towards facilitating cross-border transactions.

This also shows us a glimpse into the future that anytime we perform a cross-border transaction or make use of our payment application, there may be a pop-up that the transaction was powered by XRP or Ripple. Ripple and XRP will be powering the majority of financial transactions in the future. The recent Ripple trademark is seen as a software that provides an electronic financial platform to facilitate financial transactions over a computer network.

Finally, Ripple is a futuristic platform, and as an investor, don’t cloud your judgments as a result of the negative media publications about Ripple – there are big players manipulating it. You need to know that great things are about to happen, and this is the right time to buy and invest in Ripple (XRP).

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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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Altcoins

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

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Aluna.Social
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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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CoinFlip
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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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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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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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