Connect with us

Blogs

Cardano (ADA) to make BTC and ETH Bite the Dust, Claims Charles Hoskinson

Published

on

Cardano
READ LATER - DOWNLOAD THIS POST AS PDF

Cardano (ADA) has seen a lot of positive development recently, with many new partnerships and beneficial contracts being signed around the globe. It was enlisted on Bittrex exchange, and it plans to expand its business to Africa and South America, in addition to entering an agreement with EMURGO, which will make it a valid payment option on Metaps Plus.

ADA’s new partnerships

Cardano’s (ADA) recent actions have gained a lot of potential for this cryptocurrency, and its founder, Charles Hoskinson, expects that ADA will advance even more.

Recently, a Japan-based venture capital EMURGO, which was founded back in 2017, has announced that ADA will be used as a payment option on Metaps Plus. This is the biggest name when it comes to South Korea’s mobile payment platforms. This will be the first time that a crypto is integrated into such a platform, and such an act is expected to significantly increase Cardano’s value. In fact, the crypto is expected to reach the value of $1 as soon as it officially becomes a part of the platform.

EMURGO’s statement said that this will be the company that will help ADA enter Metaps Plus platform.

So far, Cardano has been mostly concentrating on the development of its technology. It would seem that it is finally ready to take real action, and its founder, Charles Hoskinson, is convinced that this crypto can beat even BTC and ETH within a year or less.

Another big milestone for this crypto includes its listing on Bittrex, a large exchange which is expected to increase ADA’s trading volumes even further.

All of these developments have made the coin very popular, and various steps have been taken that will make ADA the token used by more than 33,000 franchise stores. Of course, all of these stores will be the ones partnered with Metaps Plus, but this still brings a lot of potential to this crypto. Through the Metaps Plus’ connections and partnerships, ADA will expand its influence rapidly.

Cardano expands and improves

Hoskinson is also planning additional security for this crypto, which will ensure that all of the investments are properly protected. The additional security will also include a certain amount of education for the system’s users via podcasts, meet-ups, as well as publications. It is expected that the breaches will be largely reduced once the users know how to properly use Cardano’s Daedalus.

Cardano is also planning to expand to other continents, including Africa and South America.  Just last week, the Memorandum of Understanding was signed between Cardano and Ethiopian Ministry of Science and Technology. This document will promote the blockchain tech in Ethiopia, as well as the rest of the African continent. Another part of the MoU includes the training of the blockchain developers from this country.

It would seem that ADA is on a serious rise, and Hoskinson’s claims may come to pass sooner than anyone has thought possible. The coin has even increased its position on the market and has managed to climb to the seventh position. The goal of cryptos is to change the world, and Cardano definitely seems to be doing its best to add to achieve this goal.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

Published

on

Bitcoin crash
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

Continue Reading

Altcoins

Top 3 Coins to Buy Before They Go Big

Published

on

coins
READ LATER - DOWNLOAD THIS POST AS PDF

Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading

Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

Published

on

crypto credit cards
READ LATER - DOWNLOAD THIS POST AS PDF

It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

Continue Reading

Elite