The term cryptocurrency has gained a lot of clout over the last two years, and understanding its value and usage in the eyes of the public has helped in increasing its spread. Initially, it sounded scary and unfamiliar just like during the early days of credit cards. In Nigeria for instance, many have enhanced their […]
A few years ago, virtual currencies were the prerogative of only tech-savvy people, but the reverse is the case today. Serious investors are flooding the crypto market with massive investments. The cryptocurrency market is undergoing a massive boom and the sole question on people’s mind is – which cryptocurrency will yield the best results? Statistics […]
The total absence of any third party or governing body has served as the main selling proposition of cryptocurrency across the online market. This decentralized peer-to-peer network has helped with the sustenance of high performance when sending or receiving of funds. With ten years of maximum growth, a proposed global growth in cryptocurrency is set […]
It’s safe to say the invention of cryptocurrency and especially with Bitcoin being the pioneer some 10 years ago has paved way for more innovations in the financial markets via the digital currency. While it’s true that most of the cryptocurrencies created after Bitcoin were designed to be alternatives, most of them deploy the Blockchain […]
2018 has witnessed some remarkable trends in the crypto market which shows that there is a bright future in cryptocurrency investment. This continuous rise in the hash rate shows a satisfaction from investors who are in it for the long-term within the cryptocurrency market. Here are some of the most common crypt trends that took […]
There are so many reasons why the African continent is far behind other economically viable countries in the western world. Some of the challenges bedeviling the continent today have mostly been experienced and conquered by these developed countries centuries before this time. Hence it looks absurd to imagine many African nations still wallowing in the […]
The world of Cryptocurrency is relatively new and at the same time, it is packed with technical jargons, consequently, several terms can be used interchangeably without much regard to their inherent meaning. This situation usually poses a big problem to potential investors who have developed an interest in cryptocurrency. The traditional media has worsened the […]
While the regulation on the exchange of cryptocurrency from country to country is still holding grounds from quite a few locations and states, in 2018, the US Securities and Exchange and Commission maintained that before any digital currency agency company can operate, it must first be registered under SEC. Cryptocurrency exchange has largely been accepted […]
Every industry tends to have a market giant, that’s usually a leading brand which customers, critics, and analysts have grown to know for years. The attained height of these brands gives them an edge even with little or no advertising. Thus the position of such brand leaders within their industry is so enviable that marketing […]
With the ever-growing rise in trading with cryptocurrency, individuals and businesses have resorted in a myriad of ways to stay abreast with the latest trends. Whether you are an avid cryptocurrency investor, or if you are considering investing and want to stay in the loop, learn and understand how it all works, the following ways […]
Understanding Ripple is probably more important than other cryptocurrencies, mostly because it acts in a different way. Ripple works to connect banks and make cross border transactions quicker and cheaper. Already you can see it is different to the decentralised ideology of most other altcoins. The success of Ripple, and therefore the potential for profit to be made, relies on the relationships with banks and other large financial institutions. Following Ripple news will allow you to judge that point when the digital currency has enough critical mass to self-propel its success.
Keep sharp on the latest issues
Digital transactions are a thing of the present and likely to dominate the future. It is more and more probable that your next payment will be made online. The payment across international borders remains an issue for banks. It takes time and can be expensive. The Ripple Transaction Protocol can allow for instant and incredibly cheap – some would pretty much call it free – transaction fees. Solving two of the major problems and aiming at a completely different market makes Ripple an interesting altcoin to follow in the news.
It is important to stay focused on the issues with Ripple because it uses the blockchain technology so differently. Keeping an eye on the Ripple news will help you keep abreast of potential regulation of this centralised company and for news on whether banks will be tempted by the transaction mechanism.
Boost career chances
Although Ripple news might not directly inform your career – as it is much more corporate than some of the other altcoins – knowledge of the latest transaction mechanisms could keep you ahead of the game in staff meetings and brainstorming sessions.
Ripple is also a good potential investment. Although you won’t make money merely by hoarding the tokens, you can sell them for a higher price than you buy them. By keeping up to date with the Ripple news you may be able to predict when the price will skyrocket and when you can make your killing. This may be the answer to getting out of the 9 – 5 mundane routine and starting up your own business.
It’s a global issue
Being informed is crucial in a fast-changing world. This is not just a matter of watercooler conversation or sounding clever at dinner parties. It is a matter of understanding how the digital world is evolving and shaping the way we interact. Keeping up-to-date with Ripple news will help us understand if our bank has opted into the mechanism and if this means our money is secure and free from the clutches of hackers.
By keeping up with Ripple news you are essentially educating yourself on one of the key issues of our time. Ripple could be the next big cryptocurrency out there – with the same astronomical price rises seen elsewhere – or it could flounder on the rocks of the technological limitations of blockchain. Keeping up with the Ripple news will help inform your understanding of this global issue.
Be the expert
Be the one in your company or your college that bursts the insular bubble of your institution and brings the news in from the outside. These large financial companies are going to shape the world and it is important that the people around you know the Ripple news too. The stories of innovation and successful partnerships are crucial to Ripple’s success – and you can be the focus on all the latest news.
Know how to use your money
The main reason for keeping informed of the latest Ripple news is to know how to spend your money. There are no shareholder pay outs when holding Ripple tokens, you are merely banking on the idea that the price of the currency will rise. The value of Ripple is the mechanism of fast and free financial transactions across borders. If there is confidence in this idea, then there will be a boost to the price. If there is no buy into the mechanism, then the Ripple token holds little value and the price will plummet. Following the Ripple news will help you to know when to buy and when to sell – ensuring you make a profit.
Following Ripple news will also keep you up to date with potential regulation. A centralised company such as Ripple is much more vulnerable to external regulation than other decentralised cryptocurrencies. Regulation has a massive impact on confidence and in turn a big consequence on price. Therefore, it is important to be in touch with the latest Ripple news.