Monday, August 03, 2020 12:49:19 PM
"Summary
o The OCC has given the green lights for banks to hold cryptocurrencies for its clients.
o XRP provides real-world utility with 3-5 second settlements with payments and is the native currency on the Ripple platform.
o Ripple is extremely ambitions as they try to evolve the entire financial global infrastructure to make it seamless with payments.
o XRP could be the opportunity of a lifetime or a flash in the pan but for speculation purposes it has real potential.
Cryptocurrencies have been gaining more popularity since Bitcoin’s (BTC-USD) parabolic bull run in 2017 where it reached $19,140.80 per coin on 12/11/17. From 12/12/16 to 12/11/17 BTC-USD rose from $790.53 to $19,140.80 then retraced into the mid $3,000’s in early 2019. At one-point, BTC-USD had its own slot on CNBC next to the Dow and Nasdaq. Over the years many analysts have discussed Cryptocurrencies on CNBC and on other news outlets. BTC-USD will remain my biggest investing mistake as in 2012 I was seriously considering building a computer with four graphics cards or (GPUs) to mine bitcoin or just taking that money and buying BTC-USD. I ended up talking myself out of it because at the time Crypto was such a grey area I couldn’t get comfortable with the options of buying it, storing it, selling it, and actually getting your money back into USD currency.
I have been following the Crypto market for years and finally started investing in it XRP (XRP-USD) to mine represents the largest opportunity in the crypto space. This is such an interesting market because not many people understand it or are invested in it yet the amount of money going into it can’t be overlooked. Currently, BTC-USD has a market cap that is larger than many US companies as it exceeds $200 billion. XRP is the third-largest cryptocurrency by market cap and as it currently trades at roughly $0.25 it presents a possible explosive opportunity. I have no idea if cryptocurrencies will ever be adopted the way some are envisioning and I currently can’t walk into a store and purchase items with crypto but it's hard to dismiss that this is a real market with real buyers and real money going into it. I have been creating a position in XRP-USD because of its real-world utility through the Ripple network. Crypto is certainly a gamble and isn’t for everyone but if you have some money to speculate with XRP-USD could be an opportunity of a lifetime. XRP-USD could also be a huge disappointment, only time will tell."
https://seekingalpha.com/article/4362965-xrp-cryptocurrency-i-bullish-on-and-why-ripple-makes-this-extraordinary-opportunity
Recent XRPUSD News
- XRP On A Sinking Ship? Why Altcoin’s Price Continues To Plunge • NEWSBTC • 05/12/2024 05:00:17 PM
- SEC, Ripple case nears conclusion, Grayscale withdraws ETF filing, and more: Hodler’s Digest, May 5-11 • Cointelegraph • 05/11/2024 08:25:23 PM
- ‘Sleeping Giant’ XRP About To Awaken — Why Ripple’s XRP $5 Eruption Price Now Looks Nigh • ZyCrypto • 05/10/2024 09:32:02 PM
- SEC Shreds Ripple’s $10 Million Olive Branch, Issues $2 Billion Ultimatum in XRP Lawsuit • ZyCrypto • 05/10/2024 07:55:23 PM
- Crypto Analyst Says XRP Price Can Break Out From Falling Pennant, But Can It Reach $1? • NEWSBTC • 05/10/2024 07:30:01 PM
- Price analysis 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB • Cointelegraph • 05/10/2024 06:05:49 PM
- XRP All Talk, No Action? Social Media Booms, But Price Stuck In The Bear Pit • NEWSBTC • 05/10/2024 06:00:23 PM
- XRP Price Consolidates Below $0.530: What Could Trigger More Losses? • NEWSBTC • 05/10/2024 04:28:34 AM
- Pro-XRP Lawyers Predict Ripple Will Lose Motion Against SEC Even as XRP Army Anticipates $3 High • ZyCrypto • 05/09/2024 08:55:56 PM
- Bitcoin Stabilizes at $62,000, SEC Delays Exodus NYSE Listing, and More Crypto News • IH Market News • 05/09/2024 07:28:40 PM
- Ripple, XRPL Labs join Algorand Foundation as founding members of Decentralized Recovery Alliance • Crypto Briefing • 05/09/2024 07:10:05 PM
- Ripple joins multi-chain DeRec Alliance for secrets management • Cointelegraph • 05/09/2024 07:00:00 PM
- Tokenization to unlock interoperability across payments, investments • Cointelegraph • 05/09/2024 05:25:00 PM
- What Triggered The 6,350% Spike In XRP Long Liquidations Compared To Shorts? • NEWSBTC • 05/09/2024 03:00:17 PM
- MicroStrategy’s Saylor Bashes Ethereum (ETH), Cardano (ADA) and Ripple (XRP); Traders See Rollblock (RBLK) as a Safe Bet • NEWSBTC • 05/09/2024 09:25:28 AM
- $20 On The Horizon For XRP? Unpacking A Potential 650x Surge And What It Means • NEWSBTC • 05/09/2024 07:20:26 AM
- Ripple’s Planned Stablecoin Is an ‘Unregistered Crypto Asset,’ According to SEC • The Daily Hodl • 05/08/2024 10:01:34 PM
- Ripple’s XRP Risks Another Blow As SEC Labels Its Stablecoin Project As An ‘Unregistered Crypto Asset’ • ZyCrypto • 05/08/2024 07:50:55 PM
- Coincheck’s Nasdaq Listing Plans, FTX’s 118% Creditor Refunds, and Latest Crypto News • IH Market News • 05/08/2024 07:15:58 PM
- Price analysis 5/8: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB • Cointelegraph • 05/08/2024 07:00:00 PM
- Ripple’s proposed stablecoin is an ‘unregistered crypto asset’ — SEC • Crypto Briefing • 05/08/2024 11:49:50 AM
- Breaking Free: Analyst Eyes $1.68 Breakout For XRP After Years In The Shadows • NEWSBTC • 05/08/2024 08:00:17 AM
- SEC files final response in Ripple XRP case • Cointelegraph • 05/08/2024 07:30:09 AM
- Tellor Tributes Skyrocket 104% in May, Marathon Digital Set to Enter S&P SmallCap 600, and More Crypto News • IH Market News • 05/07/2024 06:48:02 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM