Connect with us


Ripple (XRP) breaking free from Bitcoin (BTC), finally




When it comes to signing and closing partnerships with influential financial players, no other cryptocurrency comes closer to Ripple (XRP), not even Bitcoin. Lauded for its constant quest for adoption, Ripple, at the moment, has over 100 payment providers and financial institutions on its list of partners. Interestingly, this list is expected to further increase in size with more partnerships been sought and other companies showing interest in adopting Ripple’s various blockchain solutions.

However, many analysts continue pointing out the issue of the price value of XRP not reflecting the growth in adoption Ripple is currently enjoying. The challenge has always been that Bitcoin (BTC) has always been influencing Ripple’s value.

Bitcoin carries out a large percentage of all Ripple trading. What this means is that the price of XRP has kept depreciating, in spite of having great runs of optimistic broadcasts since early this year. It is this situation that forced a comment from Brad Garlinghouse, Ripple CEO and founder. In a recent interview given to CNBC, he stated that:

“There is a very high correlation between the price of XRP and the price of bitcoin, but ultimately these are independent open-sourced technologies.”

Nevertheless, this connection is about to come to an end. How you might ask. Well, exchange listings are gradually changing suggesting a drop in Bitcoin pairings as cryptocurrency exchanges continue leaning towards altcoin-fiat pairings. As more and more exchanges continue following this trend, Bitcoin’s dominance as the preferred cryptocurrency-to-cryptocurrency pairing will suffer a big blow.

This trend is already catching steam, and things are starting to look shaky for Bitcoin. For instance, Bittrex, one of the leading virtual currency exchanges, recently divulged that they are focusing on introducing fiat-cryptocurrency pairings. Bittrex has an impressive client base of over three million users globally with the US accounting for a majority of them who will stand to benefit from this development.

Binance (another top cryptocurrency exchange) is also seriously considering taking a similar path. Recently, Binance made public that they will be soon rolling out XRP/BNB coin meaning Ripple/Binance coin. The exchange has the XRP/USDT pairing in action, already.

Ripple (XRP) disconnecting from bitcoin (BTC)

News of Ripple decoupling from Bitcoin isn’t a recent thing. Ripple for a long time has been talking about its decoupling from bitcoin, but currently, XRP is being encouraged by the activities going on at SBI Holdings. At the moment, SBI Holdings is working to roll out its Virtual Currency trading platform, and Ripple is the only cryptocurrency listed on the network’s website.

If everything continues to move the way they are moving, Ripple’s digital coin XRP stands the opportunity to appreciate in price without the authority of Bitcoin.

Ripple (XRP) set to benefit from the decoupling

After the recent TRX/USDT pairing by Binance, bitcoin decoupling from altcoins is expected to speed-up dramatically. Analysts are predicting the decoupling of more and more altcoins from Bitcoin shortly, and when this transpires, Ripple will be one of the primary beneficiaries. This will be so because Ripple has the widest use scenario of any other blockchain platform.

The decoupling might coincide with the colossal adoption of Ripple’s xRapid solution by financial institutions. According to Garlinghouse, xRapid is going to be available for financial institutions before December, and many other banks will be able to use it in 2019.

For the latest cryptocurrency news, join our Telegram!

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.

Image courtesy of


Investors Beware: Another Large Bitcoin Crash Might Be Coming



Bitcoin crash

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…

Continue Reading


Top 3 Coins to Buy Before They Go Big




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.


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…

Continue Reading


Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?



crypto credit cards

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,…

Continue Reading