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Here Is How the Listing of Stellar (XLM) on Coinbase Will Pave The Way for an XRP Listing

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XRP
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Popular cryptocurrency exchange of Coinbase announced that it is currently looking into listing the following 5 digital assets on its platform: Cardano (ADA), Stellar (XLM), Ox (ZRX), Basic Attention Token (BAT) and ZCash (ZEC). The announcement was made via Twitter, as well as on the Coinbase blog, and it stated that:

“We are making this announcement [of the 5 cryptocurrencies] internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.”

The team at Coinbase also expressed their concerns about listing the new assets:

“We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.”

So how will the listing of Stellar pave the way for XRP onto Coinbase?

Looking at the second statement by the team at Coinbase, their willingness to list digital assets outside their comfort zones of Bitcoin and Ethereum based protocols means that they probably have a new team of developers at the exchange. These developers are probably hard at work trying to integrate the blockchain platforms of these 5 digital assets to those of the Coinbase exchange. This could, in turn, mean that listing XRP in the future on Coinbase will be as easy as using a warm knife on butter; since they will have the experience of adding new assets on the platform.

The second reason why the listing of XLM will pave the way for XRP being listed on Coinbase is the background both coins have with having one Co-Founder, Jed McCaleb. Knowing how the professional networks work in technology, someone somewhere will pitch the idea of listing XRP once XLM is added on Coinbase. Another question to ask is if the code behind the two digital assets is similar given McCaleb co-created both. If this is the case, adding XRP on Coinbase will be as easy as charging a mobile phone: plug and play.

A third reason is that the guys at Ripple will probably note that XLM is being listed on Coinbase for the Stellar platform is more decentralized than that of XRP. The team at Ripple will, therefore, accelerate decentralization on the ledger by adding additional validators on the network. We all know the effect of competition and seeing what your neighbor has achieved. In the case of Ripple, they will feel motivated to get XRP listed once XLM succeeds in doing so at Coinbase.

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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

Analyzing The Best-Performing Cryptos

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Over the nebulous first half of this year, some tiny cryptos were able to grow by more than 1000% and reach the desired top 100, while others that were already in the top 50 bastions simply zeroed. What factors led them to perform like this? Luck, external factors or well-made decisions?

First of all, it is important to clarify that it would be unwise to analyze them disregarding the market context (crypto and non-crypto) of the period, so we’re using a holistic approach.
In our timeframe, considering the traditional market cycle of emotions, in contrast to the standard chart below, the euphoria quadrant had a much larger peak and a much shorter duration, starting in the middle of 2017 and ending at the beginning of 2018, while we were stuck in the period of “excitement” since, maybe, 2015. The emotions in red passed in a rush and at the end of July, we were already in deep “despondency”.

Source: https://russellinvestments.com/ca/insights/the-market-cycle-of-emotions

Besides to the fact that the market completed half of the cycle in less than half a year, some very relevant things, besides the usual phenomena expected of an investment market, happened during this period. In addition to the hype the period enjoyed and the fact that bad, inexperienced investors were frantically joining the crypto market, we…

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Is Tether (USDT) really a stable coin?

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Tether
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Tether is one of the top digital assets in the crypto-sphere. The coin was launched in November 2014 after it changed its name from Realcoin so that the crypto community doesn’t associate it to the altcoins. It is important to know that Tether is a currency that helps to convert fiat currencies into digital currencies.

Moving forward, there have been lots of FUDs around Tether these days as regards to whether it is going to be a truly stable coin as the market has seen dips lately. Also, the FUDs around Tether have raised questions on whether there are any backings to the digital asset.

It is crucial to know that other factors have been attributed, and one of them was a report from last month that stated that Tether and Bitfinex, had gone their separate ways with Noble Bank. The separation made Bitfinex suspend fiat wire deposits – without no reason or whatsoever.

Tether, in regards to market worth, comprises about 92 percent of the market capitalization of stable coins. Also, this stable coin offers two purposes: to stabilize the volatility of Bitcoin, and also to preserve the amount of money purchasing power investors have at hand when the value of larger cryptocurrencies such as BTC drops.

The coin is a good alternative for traders when trying to cash-in on fiat currencies, as we do know that trying to move money from different exchanges to fiat…

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Blogs

TRON Partnership Involves Cloud Computing

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It has been almost an entire week since Justin Sun, the founder of TRON (TRX), announced a new big partnership for this cryptocurrency. His Twitter announcement did not provide a lot of information, except for the fact that the TRON partnership is with an industry giant worth tens of billions of dollars.

Even so, the entire crypto community started speculating about the new partner’s identity. Soon after the announcement, a new rumor emerged, claiming that the identity of an unnamed corporation was uncovered. According to the rumor, TRON’s new partner is none other than Baidu, one of the largest tech giants of China, which also represents this country’s largest internet search provider.

Baidu is often viewed as China’s version of Google, and if the rumors of a partnership with this company turn out to be true, this will be a big game-changer for TRON.

However, in days following the announcement, new reports started coming in with claims that the partnership will not revolve around blockchain technology. Instead, ODaily reported that the alleged partnership between TRON and Baidu will be focused on cloud computing. The report claims that TRON will be purchasing computing resources from Baidu.

Baidu to…

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