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Showing posts from January, 2021

Ripple Continues to Sign New Customers, Claims CEO Garlinghouse

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The US Securities and Exchange Commission (SEC) slapped a $1.3 billion lawsuit on blockchain firm Ripple for soliciting investments for an unregulated securities offering. However, according to Ripple CEO Brad Garlinghouse, the firm continues to grow strong and has signed up 15 new customers since the lawsuit. The new letter reveals customer interest In a new letter public yesterday, Garlinghouse wrote, “2020 was a banner year for Ripple, despite a disappointing ending related to U.S. regulation (understatement?). We processed millions of RippleNet [transactions], grew [on-demand liquidity] 12x [year-over-year] and signed 15 new customers after the SEC complaint.” Despite the lawsuit, the firm added new two new customers per week on average. The chief executive said that the firm has more customers than ever before. He said that RippleNet’s adoption is being fueled by increasing demand for payments interoperability and digital financial services in the Asia Pacific region. ...

If you could only own 5 cryptocurrencies, which ones would you choose?

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  Bitcoin. It’s the king coin, the first coin and the one that institutional investors are buying up. This one is the most established and isn’t going anywhere. Ethereum. A coin that’s so well established and used I don’t even consider it an altcoin. This smart contract platform hosts atleast 60% of the other crypto projects that we regularly hear about. We only need one crypto project running on this smart contract platform to go viral to make Ethereum a household name. BAT. This is the token that runs on the Brave Browser. The Brave Browser is dedicated to saving you from unnecessary advertising and rewarding you for watching their ads. Most of all it blocks websites from tracking you. This is a browser everyone should use and consider. Most of all this token is a great opportunity for advertising and getting rewarded for watching ads. Take note that this token runs on the Ethereum network. Divi Project. The Divi team is dedicated to making cryptocurrency easy to use and provid...

What is exciting about the Polkadot Altcoin (DOT)???

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  Polkadot is interesting for 5 reasons Their founder, Gavin Wood, is the former CTO and co-founder of Ethereum. Overall, they also are a very good team, probably one of the best in crypto on par with NEXO, VET, IOTA, ADA, AAVE, UNI, YFI. They are good at marketing, not hype marketing, but real, native, sustainable and long-term marketing. New projects that want to build on Polkadot, have to raise Polkadot tokens from the community. That means, their community or their founders have to buy as many Polkadot tokens as possible, so that their project wins the auction. That way, only the richest win, but that’s how it works and that’s why the Polkadot price rises They have very excellent technology, and scalability and decentralization better than Ethereum by running a  nominated proof of stake  (NPoS) with hybrid  BABE/GRANDPA  consensus in a  Heterogeneously Sharded Blockchain Communities on Polkadot govern their network as they see fit, and hold a transparen...

Can Bitcoin make you RICH??

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Bitcoin can only increase by 6x from now from $42,000 to $250,000, because the maximum multiple per bull run has only been 100x from bottom to top and markets get less volatile the more they mature, so this time would probably only 50x from $3,100 to $160,000, maybe with some luck a 80x with institutional FOMO to $250,000. This is a terrible return for crypto and it will take until late 2021 for you to make that return. That means if you invest $10,000 in Bitcoin, it will only be worth $60,000 later this year at most. After taxes that is $35,000, so the actual return for Bitcoin is only a 3.5x. That’s a terrible return for such a volatile and risky asset and it can definitely not make you rich. Even if you are already rich and have $100,000 play money available and invest that into Bitcoin, it would only make you $350,000. Can Ethereum make you rich? Right now, Ethereum is at $1,221. 2 months ago I said Ethereum will  surely go to $20,000  and maybe to $40,000. That would be a...

Is it Worth Investing Into Bitcoin and ETH Currently??

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Usually market cycles in crypto have higher highs and higher lows. Probably lowest point of Bitcoin crash will be above latest 20k dream price. Since a lot of institutionals are going into crypto right now - they will keep adding their money on all levels which will help to keep the price on the same levels. It has a lot more potential for upside (for altcoins at least), Bitcoin already looking high, but we don’t know where it can go. The tech behind Bitcoin and opportunities is very strong and brings a lot opportunities. It will be undervalued under $1T of market cap which will bring Bitcoin to $50.000 and still will be low. Ethereum and Litecoin just started their moves and I personally wouldn’t sell Ethereum or Litecoin for Dollars or other altcoins (unless you know something interesting that we don’t know). To me it make sense to sell some of Bitcoins for Altcoins right now, because THIS DOESN’T LOOK HEALTHY =D But still has potential to go up and it...

Daily market update: Bitcoin hits $40k, briefly flips TeslaTeam Luno

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The price of bitcoin continues to hit new highs, bouncing over $40,000 like Tigger on a trampoline, before a sharp correction saw it crash $3,000 in less than an hour.  You can’t keep a good cryptocurrency down, though, and the world’s oldest was soon back in action, springing back to around the $39,000 mark.  This kind of volatility is to be expected in a bull market as people take profits – which might not make it any less nerve-wracking when it happens, but this is cryptocurrency and those of us who have been here a while have learnt to roll with the punches and see opportunities where we can get them.  As always, stay safe out there – spend what you can afford, do your own research, and DO NOT GIVE YOUR PASSWORD TO STRANGERS ON THE INTERNET WHO PROMISE TO TRADE FOR YOU. DO NOT EVER DO THAT.  START UP ACCOUNT LUNO: 1. Sign up with my invite link 2. Deposit and buy MYR 250 in BTC (Luno exchange not included) 3. We both get MYR 25.00 free B...

Ripple (XRP) is planning on opening an office in Dubai. How significantly will this benefit XRP?

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Ripple’s plan to open an office in Dubai is another sign that Ripple’s networks will soon be running the settlements for financial institutions worldwide. Dubai now represents Ripple’s presence in another crucial monetary market. As stated in some of my other posts about Ripple there is very strong indications that Ripplenet will be the vehicle to solve cross boarder payments around the world. This is significant because the UAE Exchange Group which had adopted Ripple to facilitate its cross-border payments back in August, makes it the largest UAE-based exchange to incorporate blockchain technology into its daily operation. The office and partnership gives Ripple a strong foothold in the Middle Eastern financial market. I always say if you want to know whats really going on take a look at whats going on behind the scenes. So now we can see Dubai joining the list of Ripple’s network offices located in London, Sydney, India, Singapore, Luxembourg, San Francisco and New Yo...

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