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XRP (XRP): The Big Bull Is Coming

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XRP

‘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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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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