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Ripple (XRP) Makes Three New Wins – So Much for Controversy

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XRP

Despite the recent controversy, numerous lawsuits, and a still ongoing question what Ripple (XRP) really is by nature, this coin continues to make new victories. The latest ones include XRP being listed in three brand new crypto exchanges, which are marking a whole new era for XRP.

Coinbase still ignores XRP

Ripple (XRP) seems to be on a roll lately, even with all the talks about its true nature that have had many people doubting it lately. If you are an XRP holder, you will be happy to know that this crypto has just managed to ensure three more listings, in some pretty reputable exchanges.

Of course, none of them is Coinbase, which is Ripple’s ultimate goal. However, there is still time for that to happen, and the more exchanges this crypto conquers in the process, the larger the chance that Coinbase will finally start seeing it as worthy.

After all, new exchanges mean new trading pairs, more exposure, and a larger liquidity for the coin. Eventually, Ripple hopes to dominate the market, and getting on Coinbase is what this crypto has set as its ultimate goal.

Three exchanges go for Ripple

As mentioned, Ripple has managed to charm three new exchanges: DX.Exchange in the EU, Australian The Cryptocurrency Exchange, as well as India’s Unodax.

DX.Exchange has released its announcement that it would list XRP and considering that it is one of the few exchanges that were regulated by the EU, this brings quite a large level of legitimacy to Ripple. The exchange is still relatively new and is currently being tested. However, its official launching date is July 25, which is only two weeks away. As soon as the exchange goes live, so will Ripple trading pairs, which gives this crypto something important to expect in the near future.

Next, we have The Cryptocurrency Exchange. Despite the general name, this exchange is a big thing in Australia, and Ripple getting on its list will certainly improve this coin’s influence on the entire southern continent. This time, there is no waiting involved, and Ripple is already live on its list.

The third and final exchange that has decided to add Ripple, at least for now, is India-based Unodax. Not only did they add XRP to their list, but they even made it their base coin, together with Bitcoin (BTC) and Ethereum (ETH). This will allow Ripple to be traded in up to 17 crypto-crypto trading pairs.

Of course, considering that this is India’s exchange, Ripple’s future operations will need to find a way to comply with RBI’s recently released regulations. The regulations are pretty strict, and the crypto industry in this country has suffered greatly from that fact. However, as long as Ripple is willing to be traded on a crypto-crypto basis, the coin should not have a lot of problems.

Even with these successes, Ripple’s price is still not expected to react in any big way. In order for an exchange listing to seriously influence Ripple, the coin would have to get into Coinbase, as mentioned earlier. Still, getting listed in three exchanges with solid reputations is certainly not going to damage Ripple in any way, so we still consider this to be a large win for the coin.

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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

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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