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Ripple (XRP) tearing through the markets

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Ripple
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The current market analysis indicates Ripple (XRP) is having a buoyant run this week ripping through the markets yet again. The crypto coin saga seems not to be out of the woods as of yet as Ripple (XRP) is showing dominance, and signs of dethroning bitcoin with a 78% and an 8.85% increase.

Ripple (XRP) is showing muscle and accretions that it is a force to reckon with in the digital currency world, and is here to stay. With the coin endlessly partnering with other firms and announcing almost every week that it is pushing for cross-border payment, it is now safe to say that payday is finally here for Ripple (XRP).

On April 10th XRP reached a high of 0.4932, on April 15th Ripple was trading at 0.64. Today it has hit an impressive 0.9185 —indicating its value is moving towards the much celebrated $1. With experts claiming further good fortune for the investors of the digital money, and its acceptance into the more significant crypto market, XRP evaluation is forecasted to grow in tandem with the general value of Cryptocurrency.

Regardless of the good reviews XRP is getting from every crypto coin enthusiast, it is still hard to pinpoint the real factor behind the Ripple’s bullish movement in recent weeks. However, there are a couple of big factors that indicate when looked into closely that they might have a hand in contributing towards Ripple’s increase in market share.

The Apple-Ripple Partnership Factor

Although cryptocurrency is in the space of peak uncertainty, Apple is known for integrating current technologies into the mainstream and making them easy to use by offering straightforward User interface.

Apple’s decision to incorporate and partner with Ripple’s inter-ledger payment system does not correlate directly to XRP currency but sure does bring anticipation for a possible XRP integration in future. With this, the prices of Ripple will grow by leaps and bounds, and increase beyond the $1 anticipated mark, probably to $10.

Ripple-Santander OnePay FX money transfer

Although regarding this incredible partnership, critics are refuting the claims that this partnership and others were made with Ripple XRP currency in mind. Rather, the argument is that such companies as Santander only made agreements with Ripple’s payment solutions — and not the Digital coin itself. Regardless of the claims, the partnership is making the currency more attractive, stable, and accepted compared to its competitors.

Ripple’s commitment to Innovation

The Digital money is investing $25 Million in its crypto token (XRP) to innovations and brilliant ideas that will focus on developing the blockchain space.

The $25 million adds to the over $100 million fund managed by Blockchain Capital that will invest and distribute the digital money to entrepreneurial teams that are into blockchain technology and building their businesses around it. The fund will also provide an opportunity and avenue for developers to work and access the technology in real time, and build on it using the open source platforms, the XRP Ledger provide.

Conclusion

As Ripple continues to support the expansion and development of the blockchain ecosystem, it will only make the cryptocurrency to become more stable, accepted, and competitive in today’s world. And with all these incredible partnerships, adoption and other good things happening around this altcoin, it soon will be safe to say that the coin might hit $10 mark — not just the $1.

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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.

Image courtesy of Warrick Wynne via Flickr

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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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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