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Three reasons why this is the time for buying dip on Ripple (XRP)

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Ripple XRP

Ripple and XRP are not your run-of-the-mill blockchain project. It’s a project that doesn’t aim to be just a cryptocurrency (the way, say, Bitcoin does). It has the particular purpose of being used to solve one single problem better than anybody else in the world: to make international payments and remittances safe, quick and cheap.

That’s a very ambitious goal and can naturally be achieved only in the long run but Ripple Labs has applied itself wholeheartedly to it, and it’s made fantastic amounts of progress.

Because partnerships build confidence and long-term viability

Ripple’s platforms (xRapid and xCurrent) are already being used by some of the world’s most important banks and financial institutions. They are finding that costs go down while reliability and speed increase in dramatic ways. Institutions save money, and their clients are happier.

In other words, Ripple is managing to persuade many of the industry’s leading players in that they have a product which is really useful and worth adopting. Just think about who is already using Ripple: The Bank of England, The Royal Bank of Scotland, MoneyGram, Santander, BBVA, American Express, SBI Holdings. It reads like the who’s who list in global finances.

These partnerships will inspire confidence in smart investors who understand the value of going for the long term. Bearish and bullish periods come and go, but a product that has a real competitive advantage by solving a significant problem better than the current options, or than the competition, will always do great.

The crypto market hasn’t realized the massive potential behind Ripple and XRP yet, so it remains unvalued. That’s one reason to buy now.

Because it might get listed by CoinBase soon

Yes, XRP experienced an epic drop earlier this year (from USD 3.80 in January to USD 0.44 at the time I write this) for sure. But it remains the third cryptocurrency in the world by market capitalization and one of the most popular trading coins in the world.

Why would Coinbase keep missing out on transaction fees and let XRP to their competitors? Let’s remember that Coinbase is about to go public so they need to do anything and everything that could enhance value for shareholders. There’s been a rumor going around that, in that spirit, the company is saving the XRP listing announcement for a moment in which it could have the maximal impact to its IPO.

Call it a rumor, a wish, speculation. The fact remains that Coinbase cannot continue to be without the world’s third most popular digital asset and stay relevant at the same time. It’s been expected for too long already (so much that it’s become a “cry wolf” thing and investors are sick and tired of hearing that rumor already) but it’s also inevitable.

Coinbase will include XRP sooner or later, and that will enhance both companies positions in their respective markets.

Because it will appreciate when the market goes bullish

When 2018 arrived, last January, the bullish run in the crypto market was just spectacular. Bitcoin went all the way up to USD 8800, and every single coin experienced a rise in price. XRP reached USD 3.80. Then, the rest of the year has happened which has been just a series of bearish trends, with periodic adjustments along the way. So while it would be fair to point out that XRP has gone down, the fact remains that this hasn’t been XRP’s problem but the general trend for each and every digital asset.

But are bearish runs such bad news? It’s buying low and selling high how you make a profit, so the current low is also the opportunity to buy undervalued cryptocurrencies ‘en masse’ and then see how they grow when the next, utterly unavoidable, bullish run comes. When it arrives, the best bets will be among the current top ten coins, and Ripple (XRP) is third.

The market is healing from a collapse, and so is XRP. But it will recover soon, and you could be there to make a killing.

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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

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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