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XRP (XRP): The Big Bull Is Coming

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‘The past is the past’ is a phrase any crypto investor should embrace as we look back at the tumultuous last six months we have had in the crypto markets. We have seen Bitcoin (BTC) skyrocket to interstellar levels of $20,000 only to drop to recent lows of $5,800 that has caused heartache all over the crypto verse. With respect to our favorite coin of XRP (XRP), the road has not been easy either.

The remittance coin had also gathered interstellar speed on January when it was rumored that Coinbase was going to add the coin on its exchange. XRP managed to peak at levels of $3.82 but would be valued at $0.42 by June 29th: the lowest value all year. This is primarily due to the fact that the listing on Coinbase did not materialize. The Coinbase conversation is still around with Brad Garlinhouse believing that it is high time Coinbase listed XRP.

But things are looking up and a bull run is around the corner.

The team at the parent company of Ripple, have decided the time is now to rebrand the coin by now simply calling it XRP. This rebranding is as a result of the company facing three lawsuits of securities fraud by disgruntled traders who keep claiming that XRP is a security. However, since XRP was created in 2004 and Ripple in 2012, there is no direct link between the two apart from the fact that XRP was given to Ripple to use it as a utility coin in its Ripple network. The rebranding is sure to rejuvenate the coin in the markets as it walks off the last 6 months of continual decline.

A second reason why XRP will run with the bulls is the said 3 pending lawsuits. It is said that bad publicity is actually good in that people notice whatever is being bashed around. In this case, XRP is being criticized left, right and center. This means that the coin is now known by more people and they are watching from the sidelines to see how the lawsuits go. If they have a positive outcome (not a security), they will snatch up some XRP faster than greased lightning. If it is declared a security, they will still grab some XRP because it can now be traded in the traditional stock markets where it will have access to the trillions of dollars we are all waiting for in the crypto markets in the form of Institutional Investors.

Thirdly, the crypto markets have been described numerous times as being in their infancy. Some experts believe it will peak in 2022. Therefore, the ‘game’ is just getting started and only the early birds will be buying that Lambo in a few months or years. The early believers of new technology are first viewed as insane and later branded as prophets when things turn out being profitable in the later future.

Therefore, and in conclusion, the only direction for XRP heading forward is only up. The crypto markets seem to have bottomed out on June 29th when Bitcoin was valued at $5,800. With a new month, comes new hope. Coincidentally, the new month marks a new chapter of the year: the second half that leads to the Holiday season. We all remember how the markets reacted during Thanksgiving and into Christmas last year. History will surely repeat itself this year.

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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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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore
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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…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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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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