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Ripple CEO set to be part of Mars Blockchain Summit alongside reps from NASDAQ, Barclays, and the likes

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The cryptocurrency market is not predictable as inevitable changes develop continually. But one blockchain project that’s become the talked-about pet of the market and has been consistent in making headlines lately is Ripple. Of course, the credit goes to its team and the head – they tend to stay engaged and build trust as it should be done.

Now, Ripple has come to the lights yet again. Mars Finance, in collaboration with Chinese investors, is set to hold a Blockchain Summit on Oct 18, 2018, in New York. It is important to know that the upcoming Summit will host great Fintech companies, global leaders in the financial sector of the world from Wall Street, China, and the investment industry.

The Summit is set to hold for a day, and the discussion would primarily be on the “Next Step” to attain the tipping-point for the blockchain industry of the world and how to stabilize the world’s financial market. Other discussions could be on stable-coins and how the blockchain industry can be governed effectively.

Moving forward, the Summit might include a discussion with Ripple, Morgan Stanley, NASDAQ, Standard & Poor’s, Barclays, and Digital Galaxy. On a relevant note, the founder of Mars Finance, Fred Wang, is aiming at increasing the reach of Mars Finance to other parts of the world by creating a Mars Finance US Edition that will also be unveiled during the Summit.

On that view, Mars Finance will not only be featured in China alone but also in the United States, as this will further boost the importance of blockchain and link-up blockchain enthusiasts in the crypto-sphere.

Invited personalities from China that are going to be available for the Mars Blockchain Summit include: Dao Yuan, Chairman of Zhongguancun Blockchain Industry Alliance; Shuoji Zhou, a well-renowned personality in China’s blockchain Industry and the CEO of FBG Capital; Chuanwei Zou, Chief Economist at Bitmain; Tianyuan Wei, Partner of Sharp-Eye Capital; and Feng Han, of Elastos.

Other notable personalities that are expected to attend the event also include, the CEO of Ripple (XRP), Brad Garlinghouse, CEO of Coinbase, Brain Armstrong, Winklevoss Brothers, Katina Stefanova of Marto Capital, Danny Aranda, an executive at Ripple (XRP), and Eugenio Gomez, a Financial Professional at Harvard Law School.

Subsequently, the upcoming Mars Finance blockchain Summit is expected to be a bigger-scale event, and companies such as DFG, Sharp-Eye Capital, Consensus Lab, EUB Chain, and Crypto Capital will also co-host the event together with Mars Finance. Another attractive side-event that will be added to the Summit’s theme is an all-night cocktail party, which will attract investors to exchange pleasantries.

That aside, the Chinese cryptocurrency frontrunners (as well as others such as the head of Ripple) will get to meet great investors and FinTech institutions from WallStreet. There are no doubts that the upcoming Mars Finance Blockchain Summit will be another important event in the blockchain world.

It could set a new landmark in the blockchain industry. Will blockchain be implemented in the traditional finance system soon since things are catching a good bit of steam now? Well, only time will tell on that, and as the Mars Finance US Edition is set to be released, the event might play an essential role in that cause.

But one thing is for sure, the CEO Ripple, Brad Garlinghouse is on a mission to revolutionize how the world deals with finance currently. And, he is trying not to miss a single opportunity to boost the awareness and mass adoption of the blockchain platform he leads.

XRP’s Price Overview

After a significant dip experienced by the market last week including XRP, Ripple is recovering gradually. At the time of writing, XRP is in the green and has increased by 5.84% over the previous 24 hours. At the press time, Ripple’s digital currency token is priced at $0.465 with a market capitalization of $18,609,913,871. The crypto is the best gainer among all top digital currencies if we take last 24 hours’ price performance in the account.

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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.

[Photo source: marsfinance.net/newsdetail/20181010102117402005.html]

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Bitcoin

4 Reasons Why the New Bitcoin Rally Is Unlikely to Stop Now

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After more than a year of declining prices, the crypto market is finally seeing a period of serious recovery — one that has already brought digital currencies to heights not seen in over half a year now.

Only days ago, Bitcoin surged past several major resistance levels and managed to exceed its yearly high of over $8,000. Already, many skeptics are predicting the soon end of the bull run, and the possibility of yet another sharp decline. However, there are signs that suggest otherwise — that this bull run is only getting started, and that it will not end anytime soon.

There are four reasons why this is the case, and they are as follows:

1) Bakkt

There is the long-awaited Bitcoin futures exchange, Bakkt, which recently announced that the July test date for Bitcoin futures is soon to be set. Bakkt’s launch was delayed multiple times already, so the announcement came as quite a surprise. However, it appears that it will happen quite soon, after all.

As soon as its arrival becomes a certainty, Bitcoin will likely skyrocket even further, just like gold did when gold ETF appeared in 2013.

2) Bitcoin completely ignored the hacking of Binance

Binance has been the largest crypto exchange by trading volume for a while now, and as such, many expected that, if anything were to happen to it, Bitcoin…

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Bitcoin

The New Rally Has Arrived: Crypto Market Cap Goes up by $24 Billion Within a Day

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The crypto market’s recovery progresses further, and at a rapid pace, at that. Bitcoin has just surpassed the $8,000 mark, which is the first time its price has been that high since July of last year. In addition, the entire crypto market is making billions within hours.

Bitcoin (BTC) sees another serious surge

In the past 24 hours, the total crypto market cap has gone up by around $24 billion. Meanwhile, BTC price has grown by $1,000 within the same period, as the largest coin traded barely above $7,000 on early Monday. At the time of writing, the coin’s price sits at $8.014.31, with a 14% growth in the last 24 hours. Meanwhile, the BTC market cap has gone up to $141.85 billion, and even the coin’s trading volume surged to over $31 billion.

While many are wondering whether this is a return to the massive heights seen back in 2017 or only a temporary surge which will soon see a correction — no signs of an upcoming decline have been noticed as of yet. In fact, new heights were made and then exceeded multiple times in the past week, with a massive 33% gain during that time. And, with Bitcoin’s dominance at 60%, many are expecting that massive altcoin surges are to be expected as well.

The growth of altcoins can already be seen, as Bitcoin

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