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There’s Never Been A Better Time To Be A Ripple (XRP) Holder

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This could be a big week for Ripple (XRP). The third-place cryptocurrency, which currently sits at the price of $0.78 giving it a market cap of $30.46 billion. This, of course, is still far below the close to $4 a piece that XRP reached at the start of last month but the $30 billion cap break is a strong threshold to break and it’s one that’s going to (with any luck, for XRP holders) draw a substantial amount of speculative volume towards the XRP market.

That aside, however, why is this going to be a big week?

Well, a couple of fundamental elements (one more impactful than the other) have hit press and each has the potential to shore up what we see as an already solid fundamental case for a Ripple speculative position right now.

Here’s what we are looking at.

The major event took place over the last couple of days and was put on by internet giant Yahoo in the form of the Yahoo All Markets Summit (AMS). For anybody not familiar with the Yahoo AMS, it’s a major annual event held by the company designed to, as its name suggests, put the spotlight on some of the potentially game changing entities currently active in major markets globally.

XRP Daily Chart

XRP Daily Chart

Of course, this time around, the blockchain and cryptocurrency space had a substantial presence at the event but no other coin was as well represented as was XRP. Brad Garlinghouse, the company’s CEO and one of the most well-known cryptocurrency billionaires (primarily derived from his XRP holdings), was a keynote speaker for the cryptocurrency side of the event and – as might be expected – he spent pretty much the whole time talking about how Ripple has the potential to change the world.

The impact of this sort of event on global speculative participation in a currency like XRP cannot be understated.

This is a roomful of tech entrepreneurs and enthusiasts, many of whom will likely already be exposed to the cryptocurrency space but, at the same time, many of whom will be looking for a way to pick up some sort of exposure near-term.

At the Yahoo AMS, Garlinghouse essentially stood in front of this crowd and told them why Ripple should be their exposure of choice.

And that’s not all. A company called Crypto Emporium just added XRP as a payment method for its customers, with the addition representing the fourth such cryptocurrency behind bitcoin, Ethereum and Litecoin to be accepted by the entity.

Sure, this isn’t a major demand boost given the size of Crypto Emporium (for anybody not familiar with the company, it’s a seller of luxury goods that only accepts cryptocurrency) but it does serve to offer up a degree of insight into the community and support that this coin has surrounding it – the addition of Ripple was the result of a vote by supporters, with XRP beating out on Verge and others to take the listing.

So what are the key levels to keep an eye on from here on out?

First up, we are watching one dollar as a near-term threshold. A break above this level would validate previous highs (at $3.80) as an immediate upside target. Beyond that, we are looking at $10 has a solid mid-2018 valuation.

Put simply, especially at current prices, there has never been a better time to hold XRP.

We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below!

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.


Image courtesy of Ripple

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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New Tendencies of Bitcoin Gambling

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Gambling has always been an integral part of human nature. Nothing is sweeter than the money you win, and that’s why wagering games have always captivated people throughout history. Last couple of decades saw the gamblers switch increasingly towards virtual gaming, instead of physically being inside a casino. The popularization of online casinos led to the integration of Bitcoin Gambling into the systems and today a very large share of the casino industry is based on the virtual currency.

Reasons behind the transition

The tendency to switch from classic casino environment was dictated by the fact of mobility and accessibility. But the new age has brought us cryptocurrencies like Bitcoin that revolutionized the gambling business. From now on, the gamblers of the world don’t have to rely on traditional banking transactions to be able to enjoy themselves online. A simple crypto-wallet and ownership of virtual currency is enough to engage in Bitcoin Gambling.

Bitcoin Gambling and Blockchain Technology

The big reason for the heavy shift towards Bitcoin Gambling is the fact that Bitcoin and other cryptocurrencies are based on the blockchain technology. This means that the process is decentralized, resulting in a much faster speed of transactions, when it comes to depositing or withdrawal of funds in or from the casino accounts. It also makes gambling incredibly secure,…

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Bitcoin will return to the bear market? Bex500 senior investor teaches you how to get profit in the Bear market

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—— Don’t forget to join Bex500 bonus program at the bottom of the article.

Since September, the Bitcoin price has been decline from beyond $10000 to below the $8000, which 20% of the bitcoin value has been removed. The collapse of bitcoin price brings about the new panic in the bitcoin trading market. Many bitcoin investors are scared of the returning bear market as the early of this year. On the contrary, some of the bitcoin-believer, especially the investor who brought Bitcoin in the height of the price still thought that the bitcoin price will rebound very soon. However, it is no doubt that the early stage of the bear market has been shown up in the past month. Many crypto analysts start to predict the bottom price of this market movement.

However, as the market developed, crypto traders have detected more tools to safely pass through the bear market. They realized more ways to avoid the loss of the price decline; moreover, they began to earn profit from the bear market. The key to the tools is the bitcoin futures contracts. We are honored to make an interview with Bex500 senior investor Tom Beck and he introduces the details about bitcoin futures contracts. (Reporter=R, Tom Beck=T)

R: Hi, Tom, Thank you for accepting our interview, Could you introduce yourself?

T: Sure, My name is Tom, I have over…

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