Cryptocurrencies are growing at an increasingly fast rate with traders across the globe drawn to crypto markets by the exciting prospects of the technology. Bitcoin is the most expensive virtual currency currently, valued at $6,388.99 per unit, according to Statista.com, and Litecoin is helping to lead the way too. While cryptocurrency had somewhat of a nerdy stigma, that’s all changing as it becomes accepted in more and more places from Charleston coffee shops to artisan food stores and hipster fashion retailers in San Francisco.
Just about every expert predicts that cryptocurrency is only going to continue to become more popular, what are some of the other crypto trends to watch for in the coming year?
Blockchain Implementations Will Grow Significantly
Blockchain spending by organizations have been slower than expected this year but that’s been predicted to change in 2019. PricewaterhouseCoopers, a company that works with many of the world’s biggest businesses, recently reported that many of its customers are spending a ton on blockchain initiatives and that that spending will continue to grow. The demand for blockchain advisory services has been as high as $1.7 billion.
Ripple May Be the New Bitcoin
For institutional investors, the highest level of confidence among cryptocurrency is expected to be Ripple in 2019, followed by Bitcoin, Ethereum and Stellar Lumens. Financial expert Douglas Borthwick who frequently contributes to Bloomberg and CNBC, says he believes that many fiat currencies will be paired with Ripple as the dollar requires a two-day settlement. On the other hand, the settlement for Ripple is immediate. He also notes that Ripple will see massive growth value due to the sheer size of global markets and this real-world application. He even went as far as saying that there is zero competition for Ripple as it can be settled in only seconds.
Ripple is the only enterprise blockchain solution in the world, a unique cryptocurrency that facilitates global payments, digital asset exchanges, connect banks and payment providers. It’s also the most affordable mainstream cryptocurrency, with the simplest and most accessible transaction system.
More adoption of security tokens
The utility token is a token that represents shared ownership of a digital resource. Computing power, processing power and file-storage capacity are all examples of digital commodities that can be purchased and sold on a decentralized marketplace due to their discovery. They contribute 31% of the crypto market as a whole. Unlike utility tokens, security tokens represent ownership in a real-world asset: debt, equity or even real estate. Experts say there is quite a bit of forward momentum around tokenized securities, so much so that many believe they’ll soon become a common part of Wall Street parlance.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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 Pixabay
FOTON Bank Is Launching An All-in-One Crypto Banking Service to Process up to 500 Transactions per Second
The decentralized FOTON project is launching its next-generation crypto-bank ecosystem to stimulate and facilitate the use of cryptocurrency payments worldwide, as stated in the official press release published by the company.
The statement issued by the FOTON project on December 3, referred to the launch of a decentralized crypto-bank designed for multi-currency transactions featuring a built-in fiat and cryptocurrency exchange system and instant contactless payments for goods and services worldwide. The system is intended to become a stable and flexible ecosystem that will enhance scalability for services related to financial assets, exchange solutions, cards, accounting, and business/customer services.
The technology being employed in the design of the ecosystem was specifically created to tackle some of the most critical issues facing the modern banking system, as well as the widespread adoption and application of cryptocurrencies in routine business transactions. The issues the FOTON project’s ecosystem seeks to solve include overregulation, bureaucracy, centralization, system faults, volatility, legal constraints and complications related to practical use.
“We are creating the ecosystem that will prove to be the impetus and basis the crypto market needs to make the effective transition to becoming the next global banking system,” as stated by Andrey Pashkevich, CEO and Co-founder of FOTON.
“The time to buy is when there’s blood on the streets” – Baron Rothschild
You have probably heard these stories, but let me explain why they are as important today as they were 100 years ago when first spoken. Not only that, it is just as relevant today. A bit of a background first.
Napoleon was at war with England. The Battle of Waterloo, it was England’s last chance to save itself, and remain as England. Baron Rothschild was standing at his post in the London stock exchange. If England wins, the market will rally, if Napoleon wins, it will go to shit. Baron Rothschild sends his private messenger to Waterloo and demands that he return to him and report who won the war.
His messenger does so and makes it in time before the public knows anything. England had won the Battle of Waterloo. At his stand on the exchange, what does Barron do? You would think buy up stocks right? Nope, Baron starts to sell, at first slowly, and then faster. The other brokers on the floor watch what Rothschild is doing and think “Baron knows something, we lost, start selling”. Now, the brokers on the exchange begin selling in a frenzy. In the midst of all this, Baron begins placing buy orders at the bottom of the market through other brokers who do not know…
Crypto Users’ Search For a Good Bitcoin Blender Stops With Bestmixer.IO
At first glance, it might seem easy to find a good bitcoin blender that guarantees your anonymity and is secure. There are after all a number of big bitcoin mixers on the market, so how different can their services really be?
If that’s what you’re thinking, beware. All bitcoin blenders claim to have anonymous transactions – that is after all the main reason why anyone would want to use these services. This claim was however always difficult to test. How does one go about to check if these promises are indeed true?
This was the case until BestMixer.io appeared on the scene. Unlike previous bitcoin anonymization services, BestMixer.io features complete, verifiable anonymization for bitcoin. Releasing a utility named the Coin Anonymization Event (CAE) check, BestMixer.io not only proved that their bitcoin transactions could not be traced, but also showed that those of their competition could be. With this bold move, BestMixer.io not only demonstrated that they are a good bitcoin blender, but one could argue that they are the best. Even though those services that were exposed as not being anonymous have in the meantime changed their systems to prevent the CAE-check from revealing transaction detail, would you really be happy to trust them again?
BestMixer.io mixes not only Bitcoin, but also other leading cryptocurrencies including Bitcoin cash, Ethereum, Litecoin and Bitcoin SV.
SEC Postpones Bitcoin ETF Decision Once Again
TRON (TRX) Back In The Crypto Top 10
MobileGo (MGO) – An Internet Gaming Pioneer
- Altcoins1 week ago
Want To Be A Crypto Millionaire? 2 Tokens That Can Make It Happen
- Blogs2 weeks ago
3 Most Underrated Cryptocurrencies Right Now
- Altcoins1 week ago
Why IOTA is a Project that is Going to Last
- Altcoins2 weeks ago
Why Cardano (ADA) is worth keeping an eye on for the next couple of years
- Altcoins2 weeks ago
3 Cryptos You Should HODL At Least Until 2020
- Altcoins6 days ago
What to Expect From TRON In 2019
- Altcoins2 weeks ago
3 Coins Likely to Explode During the Next Bull Run
- Featured news2 weeks ago
Recap: Ripple and Santander connect to Apple Pay and use Touch ID