Ripple’s platforms have been tested many times so far. The crypto comes on top of every test almost every time. Their solutions (xCurrent, xRapid and xVia) are robust, functional and reliable. It’s no surprise why Ripple and their coin (XRP) are being adopted by more banks and financial institutions all the time.
Ripple Net’s volume has been growing exponentially, and these new partnerships will be a significant milestone for Ripple. The main point in this pilot program is to show how quick and reliable Ripple is when it comes to international payments.
Both Mitsubishi Corporation and Standard Chartered are among the world’s powerhouses. Their liquidity is absolutely without question. If they can turn to Ripple after the pilot works well, that could change Ripple’s history for good.
Ripple’s new business model
It’s called Coil. Not the one you know but a new business model that will find out a way for web owners who are trying to pay their top contributors to deliver. Stefan Thomas, Ripple’s CTO is the man behind this plan, and he’s ready to step down to make it happen.
— Stefan Thomas (@justmoon) May 14, 2018
Also, Ripple’s Chris Larsen and Evans Schwartz have joined the Coil team. It will use Ripple’s interledger protocols in order to offer better rewards for every user and produce better incentives for apps and digital content. The company is based in San Francisco, at Silicon Valley’s heart.
While there is no release date for Coil just yet, it’s fully backed up by Ripple regarding resources and money. It will appear on the web rather sooner than later.
Ripple matches Tron
Zebpay is India’s most important crytpocoins exchange platform. It recently started to allow crypto to crypto trading, and they chose Tron and Ripple to be the first couple of digital currencies to be mutually traded.
Zebpay announced the event through their twitter official account, and positive remarks hailed it. The XRP/TRX is the first coin coupling in the platform, but more are expected to come about in the following days.
The Ripple (XRP) blockchain gets to the top
Ripple organized the VIP blockchain week in New York City. It will bring together enthusiasts, educators, developers, and exchanges. It will be a big event. Snoop Dogg, the American rapper, performed for the attendants at the XRP Community Night which took place a couple of nights ago, May 15th.
Ripple’s price and performance
Ripple’s XRP was trading as low as $0.63 last May 12th which was a big blow for it. But the crypto-coin has been along with other currencies that are leading the pack back into a comeback and recovering green numbers.
XRP’s prices have risen significantly over the last three days. As we write this, it’s at $0.69 per token. Ripple is still the world’s third largest digital coin by market cap at 29.131 billion dollars.
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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 Romildo Campos via Flickr
Reasons Why 2019 May Be A Great Year For Crypto
The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.
The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.
With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.
1) Bearish market to loosen its grip
The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…
3 Coins with the Largest Potential in 2019
2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.
Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.
Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.
One thing that is expected is the approval of Bitcoin ETFs…
Do or Die: 3 Crypto Projects that Really Need to Deliver Soon
Crypto projects have gone through several crucial periods of development, and while it is fascinating to watch their progress to maturity, a lot of investors are becoming impatient. During the first few years, they were barely known, only talked about in specific groups, among those developers and investors who had the luck to find out about them in the early days.
The next several years, altcoins started appearing, and the voice of cryptocurrency slowly started to spread. Then, there was a period of hype, when crypto exploded, and the entire world finally learned about this new technology that promised to change the world. Naturally, the overhype led to a market crash and price correction that we experienced last year, but the impact was made, and the world is still talking about them on a daily basis.
However, now is the time for cryptos to deliver on their promise, grow up, and start showing results. There are high expectations for many projects, but for various reasons, they have yet to deliver, and many are hoping that 2019 will be the year when they finally do it. Let’s see which 3 crypto projects really need to show results, and soon.
1) Ethereum (ETH)
Are you surprised to see Ethereum at the first spot? The project has been a top cryptocurrency for years, why would it be in danger now?…
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