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

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1 year ago

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XRP
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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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1 month ago

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June 11, 2019

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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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1 month ago

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June 10, 2019

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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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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

Published

2 months ago

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May 31, 2019

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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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