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Hello everyone and welcome to another video! We are going to try our best to give you the most important news and novelty regarding Crypto!! Please follow us, we will be uploading daily! Subscribe to our channel and do not miss out! It is clear that cryptocurrencies have made many millionaires and it will proceed to do so. XRP is about to create millionaires and unexpectedly and surprisingly is to make overnight millionaires. With this video we are going to find out how will it make overnight millionaires. There are a lot of causes that get in the way of making overnight millionaires through XRP. The mains are to be revealed and looked closely in today’s video. Not long ago the total crypto market value reached two trillion U.S. dollars. And that happened for the first time in the past several weeks. One of the main reasons of this improve and uplift has been the XRP. As having been officially announced back in December the U.S. Securities and Exchange Commission or SEC has filed a case against Ripple Labs which led to an extreme and serious price reduction. But the Ripple Securities and Exchange Commission is also the cause why XRP is gaining its power. XRP’s most noteworthy decrease and decline came as soon as Securities and Exchange Commission filed a lawsuit against two executives for promoting and selling unregistered securities and throwing investors and a lot of companies into e selling madness. One of the main concerns heading into 2021 was that the Securities and Exchange Commission trial would oppress XRP to not be able to experience the significant bull run experienced by a lot well know and eminent cryptocurrencies. Nonetheless, despite the Securities and Exchange Commission trial happening over it, XRP surprised researchers and analysts by going up to its highest levels in circa three years. A trial that happened in March found out that if Ripple is considered a security and not a currency only Ripple and Ripple Net can be held criminally responsible for selling it. This growth and evolution permit crypto exchanges in the United States to allow transactions in XRP once more. Prior to this ruling the delisting of XRP from coin base was a appreciable and significant blow and it critically restricted and limited transactions of the coin. Additionally, in April, a judge denied the Securities and Exchange Commission access to years of personal information - a massive victory for Ripple. These useful and constructive outcomes have promoted notable charities for investors leading to XRP’s present 100% rally. Ripple is likely to come out of this lawsuit as the winning one and is starting to get relisted. The new proceeding at the court has unexpectedly brought XRP to one dollar and ninety-six cents. The price of the XRP lately has displayed a historic and calculated movement. Due to which the price may also hit ten dollars in no time this year, 2021. And following the relisting by exchanges it would almost effortlessly get more than one thousand dollars. The relisting of XRP can result in an enlarged inundation and influx in its price - because it is very good news that corresponds and coincides with a positive end result with the Securities and Exchange Commission. Ripple Blockchain Payment Company is taking into consideration listing its shares so as to be seen by other people after the settlement with the ongoing discourse with the U.S. Financial Market Regulator over the status of XRP. As stated by SBI group chief, Yoshitaka Kitao, the Japanese financial giant is the greatest outside shareholder of Ripple. While addressing an earning presentation call, at the beginning of this week, Yoshitaka Kitao disclosed the possibility of Ripple going public as both CEO Brad Garlinghouse and executive chairman Chris Larsen support the step Kitao said. After the ongoing lawsuit, Ripple will go public. The present CEO wants to do that, Chris Larsen wants to do that – A giant in the transitional financial industry SBI has invested steadily in modern FinTech counting Ripple and its contestant and challenger R3. Yoshitaka Kitao highlighted that when San Francisco based Ripple becomes public it would definitely settle and pay off the investment. We have been interested in FinTech companies and we adopted technology in our group, and also, we spread that technology across the industry. And that is SBI group’s basic strategy he added. Garlinghouse also insinuated about a likely public offering by Ripple earlier. But the scheme and the idea did not take place. In the next 10-12 months, you will see Initial Public Offering in the crypto blockchain space. We are not going to be the first and for sure we are not going to be the last, but I expect this to be on the leading side. It is a natural evolution for our company – Garlinghouse stated. If Ripple goes public, then such a journey will set pieces of the Ripple coin to the moon and past Mars and maybe even to another galaxy. We could notice Ripple doing a several hundred dollars on the crypto exchanges and the added revenue from the IPO would boost much needed money into the investigation and maturing. The capacities would enlarge more and more rapidly. The partnerships attained by Ripple make Ripples XRP exceedingly hard to ignore. With institutions such as the World Bank, International Monetary Fund and EU Commission on board and actively working with Ripple, XRP is apparently impossible to stop. And by continuously working with these kinds of institutions, Ripple is laying the groundwork for the entire cryptocurrency industry to prosper and thrive in the following years. They are breaking down borders between blockchain technology and their conventional world and establishing themselves as an industry leader in the whole process. It has been disclosed that the high-net-worth investors are allocating more funds for the digital asset XRP. The digital asset is now the top raising altcoin among its institutional investors. Not very long ago it was disclosed that the XRP use cases are about to blow up. The Wanchain team is a Blockchain interoperability platform that reported that now XRP token holders can put their XRP to work and seize and attract with the world’s many applications. Crypto globe notes that all this is actually intelligible. When you think about that the goal of Wanchain is to connect the world’s many other isolated blockchains. While Ripple’s CRP token has not been directly influenced – everything else is slowly but surely coming together to massively effect the adoption of XRP. With the World Bank, World Economic Forum, International Monetary Fund and EU Commissions on board and actively working with Ripple, XRP is apparently unstoppable. Ripple is not just a cryptocurrency; it is also a transaction protocol that streamlines cash transfers between banks. This actually means that Ripple has real-world applications. Banks throughout the world have already started to use the Ripple technology as a payment method and money transfer method between each other. Despite the fact that the banks like to use XRP, it can be a warning to banks. Ripple has a lot of distinctive qualities and features that make it the favorite of banks. But on the other side, Ripple XRP will take the place of the whole banking system. First of all, if the banks need to send money to another bank in another country, then they will need correspondent banks to actually hold that money. But in this moment if the banks do not need to hold that currency because of XRP, there is no need for any intermediary correspondent banks. As claimed by the report from Official Monetary and Financial Institution Forum, a bank can eliminate the complicated process required by swift and replaced it with the XRP pool. That is how a ban can allocate less liquidity as part of a service and still secure the same amount of transaction volume in global payments. A survey was managed for the banks and many banking institutions agree on the disadvantages of the swift network for making transactions. One banking institution representative surveyed disclosed that the swift network is not appropriate and suitable for corporations. The more banks that will start replacing swift with Ripple’s ODL, the price of XRP will definitely start to increase. Ripple has been approved by a lot of United States institutions, such as the Consumer Financial Protection Bureau. The low price of XRP means that anyone with a smaller budget can invest in it to build a good number of tokens. Ripple transactions are very fast, and solutions based on ripple allowed to trade cash with low commission. Ripple’s fee is also very low and because of that it is loved by a lot of institutions through which XRP price value will get high. And according to the coin market cap, at the time of writing, the XRP price is one dollar and thirty-nine cents with a 24-hour trading volume with 7 billion dollars. XRP is up one 1.68% in the past 24 hours and the current coin market cap is number four, with a live market cap of 63 billion USD. It has a circulating supply of 45 billion XRP coins and a maximum supply of 100 billion XRP coins. Let us know what do you think in the comment section, is XRP going to make an overnight billionaires? Thank you for watching our video! Please subscribe to our channel! We wish you a good luck!