The biggest event of these days in crypto-world is the Swell conference. The Swell Conference is an interactive conference which was first held on March 5, 2017. The conference brings the biggest celebrities of blockchain and cryptocurrency together.
The first keynote speakers of the Swell were the former chairman of the Federal Reserve, Dr. Ben Bernanke, and Sir Tim Berners-Lee. Sir Tim Berners-Lee, also known as TimBL, is an English engineer and computer scientist, best known as the inventor of the World Wide Web.
The keynote speaker of the Swell 2018 was 42nd President of the United States, Bill Clinton. For the first time, an ex-president was a keynote speaker of a similar event. It was a very good promotion for ripple, but I don’t think that Bill Clinton has something common with blockchain. I guess that ripple spent a lot of money on Bill too, but with their budget (Billions 20+ ) it’s no big deal.
Ripple, one of the main crypto companies in the industry, has brought many partnerships with banks like Fidor Bank, J.P Morgan, UniCredit, Western Union, and Erste Group. Here is the non-complete list of those Ripple partnerships:
- Currencies Direct
- Mercury FX
- Banca IntesaSanPaolo
- Scotia Bank
- National Australia Bank
- Bank of Montreal
- Royal Bank of Canada
Just a 3 weeks ago, XRP was at $0.26. Over the period ripple price has increased over a hundred percent to the current price of $0.52. Crypto community has still many ripple haters, but overall the currency is doing fine. Last week Ripple announced that a Siam commercial bank will be the first financial institution on a ripple net to use “multi-hop”. Multi-hop allows institutions to forward and settle payments for other network institutions. This feature doesn’t need a direct one-to-one connection or bilateral relationship between 2 sites to reckon accounts.
Why the present time could be the key to the crypto bull run?
The crypto charts look pretty good according to technical analyzes.
The overall fundamentals sound great.
• CBOE ETF is still pending.
• Volkswagen group confirm a partnership with IOTA cryptocurrency.
• Exchange Stellar X launches peer-to-peer asset trading platform with a FIAT on-ramp
Winter months (October, November, and December) are very strong according to last years experience.