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Ripple (XRP) tearing through the markets
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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

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Top 3 Crypto Trends That Might Go Big in Q2 2019

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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

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The Crypto Space Once Again Divided Over Bitcoin SV

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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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