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Cardano and Tron claim new crypto exchange listings, Verge and Ripple to wait

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It has turned out to be a good few days for the cryptocurrency market as the prices enter green-zone again. As if that was not good enough, two cryptocurrencies received some ultra-rejoicing news as both were added to new crypto exchange listings.

Cardano (ADA) and Tron (TRX) are the two cryptocurrencies that scored the new exchange listings. Unfortunately, on the other side, rumors of Binance adding Verge (XVG) and Ripple (XRP) to trade with fiat money got a setback.

Today, Tron (TRX) was added to Canada’s Einstein Exchange — a strong indication of TRX’s increasing reach. The exchange is an operation based in Vancouver and dubs itself as “Canada’s fastest growing digital currency exchange”. In fact, the Canadian crypto exchange added a couple of other cryptos alongside Tron; others that were included are 0x’s ZRX and Golem’s GLM.

Tron (TRX) is basically a blockchain-based decentralized protocol with the aim of constructing a “worldwide free content entertainment system” with distributed storage technology, and the blockchain. Simply put, the protocol allows a user to publish, store as well as own/control data.

A few days ago, Tron solidified its appeal in the Asian continent when it was included to WazirX – the best Bitcoin exchange of India.

As hinted above, the second crypto that has made progress, in this regard, is Cardano (ADA); as it has been added to CoinSwitch. They are an aggregator, in partnership with exchanges like Bittrex and KuCoin; so that the customers can access the best price without opening separate accounts. Interestingly, this turned out immediately after some time when the announcement by Binance regarding the addition of Cardano to the exchange was made. In fact, currently, you can trade Cardano for BNB, Tether (USDT) or exchange’s Binance coin.

Binance makes XVG and XRP wait

The day started with rumors all over that Binance was to add a conversion option of XRP and XRG for USD. Unfortunately, Changpeng Zhao, CEO of Binance quashed rumors via tweet. According to him, the exchange is in talks with banks to support fiat, but there are no short-term plans for the USD as of now. He continued to say that XRP and XVG won’t get included yet.

The Verge-Ledger kerfuffle still angers many and the way Zhao handled the news pleased some; although, others were disappointed (and rightly so).

We will be updating our subscribers as soon as we know more. For the latest on cryptos, sign up for 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 Microsiervos via Flickr

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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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…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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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…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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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,…

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