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Ripple’s XRP is slowly but clearly going all the way up

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We can say one thing about Ripple’s XRP coin. It’s not just been stable; it’s been going steadily up all the time. It’s not been just reliable; it’s been a great choice. While Bitcoin and Ethereum have had good and bad days, XRP just keeps going up.

It’s performed exceptionally well. If we look at the three-month chart, we’ll find it’s been from  $0.47 to $1.20. It’s not been volatile, it’s been very reliable (when compared to other big players, at least), and it’s been growing all the time. Fear, uncertainty, and doubt have not applied to Ripple at all.

How’s Ripple doing it?

Ripple has had many resources. It’s liquid and reliable and it is listed in more exchanges than any other coin. Its latest listing is UpHold. It has a platform that includes a digital wallet that caters to debit and credit card’s capabilities. It allows for users to do financial transactions among 34 different currencies, commodities and digital assets. It will even offer XRP/USD pairing. This makes the XRP platform a great option for liquidity.

Then there’s Japan’s SBI Holdings, a banking conglomerate that has adopted XRP as a currency and doing an exchange on it. SBI‘s CEO Yoshitaka Kitao has said that the exchange will be “Number one” once it goes public.

On the third place, Ripple has been gathering some fantastic partners in the banking industry. One, as we all know, is Santander (considered to be the world’s best bank right now), another one is BankDhofar from Oman.

They already have more than a hundred banking partners, and they are expected to get as many as two hundred this year. Ripple is becoming an industry’s staple, and that should not be ignored.

Last but not least: Ripple’s XRP is making remittance transference quick, cheap, safe and reliable. It’s becoming the street’s man’s currency, and it’s successful at that. Just a couple of days ago there was this Reddit user who explained how he used XRP to pay for a haircut. How could you possibly beat that?

So, despite the current ‘worrysome’ trend of the market, it’s still safe to bet on Ripple (in fact, a golden chance as it went down by almost 4% in last 24 hours – that’s a good chance to buy it cheaply now). XRP is growing slowly, but inevitably, it solves problems that matter for people in the streets by offering an option that can pay for everyday goods and services.

This all makes it an excellent choice in the crypto market. You should keep an eye open for Ripple’s currency; it’s working, it’s becoming a viable means of payment for people who are out of the banking world but who do own a cell phone. It’s making the financial world more democratic. It’s a force we should all take into account.

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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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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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crypto credit cards
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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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