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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

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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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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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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