Connect with us

Blogs

Ripple (XRP) Has A Lot In Store For HODLers

Published

on

HODLers

Ripple is generally considered as a centralized real-time gross settlement system (RTGS) that continues to amaze investors because of its rising value in the world of the cryptocurrency. Ripple has now become one of the most treasured startups in the U.S. because of its holdings of Ripple coins or XRP. Its name is now considered just next to Uber, Airbnb, Palantir, and WeWork. Ripple coin is the only digital asset that is specifically created for catering to the financial institutions for making easier payment transactions.

Ripple (XRP) is generally considered one of the most scalable digital asset that acts as a bridge between the fiat currency. However, there are several factors that help Ripple/XRP in becoming the third best coin of the crypto world. Ripple has gradually taken over the market by making some interesting ventures. The coin is generally known for some interesting factors like cross-border payments, cheap and fast transactions and many others. There are various factors that make Ripple (XRP) one of the most popular coins in the realm of the crypto world.

The reasons are discussed below:

  1. Ripple is paying to get Enlisted:

According to the recent updates Ripple has decided to get enlisted by offering financial incentives. The two exchanges that got the offer from Ripple are Gemini and Coinbase. Paying financial incentives to get enlisted on the market is not a new thing in the world of financial investment. But any of the currencies or foundations offering such financial incentives in exchange for getting enlisted is somewhat new. Ripple is the first blockchain based startup that has proposed this kind of offer. Ripple has offered 1million dollars in cash and in addition to this It has also offered Gemini 100 million dollars in XRP. Thus, Gemini could trade these coins by themselves for making some profit. However, Ripple representatives have denied the information declaring that they are just attempting to make Ripple (XRP) one of the fastest coins with a higher rate of liquidity and cheapest transactions. A lot is expected from Ripple in the next few months, some of which might really surprise the investors.

  1. Partnership with Slovenian metal:

Ripple’s partnership with Slovenian metal trading company has garnered plenty of attention. This partnership resulted in the joint project named eMetal. Ripple and BPG Group, a Slovenian company joins hands, allowing the investors to invest more in the metal industry and trade with metal.

  1. Association with the Remittance Industry:

In April, a declaration has been made that Ripple may attend Global Money Transfer Summit along with 9 others speakers aiming to discuss the novelties in the remittance industry. This is a good chance for Ripple to represent its idea for global money transfer that could contribute to revolutionizing the remittance industry.

  1. Allvor and Ripple:

Allvor is the first cryptocurrency that is going to host on Ripple’s ledger.  Ripple has made a significant step in the cryptomarket by adding Allvor to its ledger. Allvor that is specialized in e-commerce is running on blockchain ledger of Ripple network as it is the best and the most advanced data-based technology in the market.

  1. Market analysis:

According to the recent analysis of the crypto market Ripple (XRP) has started trading a bit lower than the dollar. At the time of writing, Ripple XRP, the price has dropped by -2.49% against the dollar that means XRP is currently available at the rate of 0.49$ per one unit. Although it ranks as the third-best coin on the global coin ranking it is still a bit far from its all-time high price rate when it is compared to the current state in the market.

However, there is still a ray of hope for HODLers as market experts are making predictions that the price of Ripple XRP can go up because of its association with two major exchanges that are Gemini and Coinbase.

We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below!

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 Thomas Hawk via Flickr

Altcoins

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

Published

on

Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

Continue Reading

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

Published

on

TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

Continue Reading

Blogs

How Can Foreigners Get Loans in Singapore

Published

on

loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

Continue Reading

Press Release