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Dogecoin (DOGE) To Help ‘Kick-off’ The FIFA World Cup. WOW!

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The FIFA World Cup is less than two weeks away. The tournament that is known to attract as much as 3.2 Billion viewers – according to statistics from the last one in Brazil – is sure to have the world at a standstill for the two months of June and July. This year’s event is being hosted by Russia which has been key in cryptocurrency adoption over the past few months. Therefore, it is not surprising to hear that Dogecoin (DOGE) will play a part in the global event as shall be outlined below.

One of the cities hosting four matches at the event has an apartment complex that is willing to accept cryptocurrencies as payment for accommodation during the time period. Apartments Malina, in the city of Kaliningrad announced the following via their Manager, Anna Subbotina:

Crypto-currencies are now enjoying increased interest. Gradually they will come into use as a means of payment. And we decided that the fans should be able to pay for our services with the help of this innovative technology. It may very well be that other hotels [are] awaiting our example for the forthcoming football holiday.”

So how does DogeCoin (DOGE) play a part in the FIFA World Cup?

As it so happened, Apartments Malina has partnered with Russian-based crypto payments and wallet provider Free Kassa. One of the cryptocurrencies supported on the platform is our beloved Dogecoin (DOGE). In addition to DOGE, Free Kassa also supports the following:

Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Bytepay (BAY), Dash (DASH), Emercoin (EMC), Monero (XMR), Peercoin (PPC), Primecoin (XPM), Reddcoin (RDD) and Zcash (ZCASH).

The development director at Free-Kassa had this to say about crypto adoption:

“For us, this is an interesting experience – we did not have to cooperate with hotels and hotels in such a format. But the hospitality industry is very sensitive to such trends.”

Therefore, and in conclusion, DOGE will be part of the event that kicks off on the 14th of June this year. Current favorites to win the tournament include last time’s winner Germany together with Brazil and Argentina. However, the FIFA World Cup is always full of surprises during the group stages with the possibility of even Japan lifting the trophy in the finals on the 15th of July.

So which is your favorite team this year?

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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.

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Bitcoin

Importance of Bitcoin ETFs and Bakkt for the Crypto Space

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It is no secret that 2018 was a very bad year for cryptocurrencies, at least when it comes to prices and market cap. However, in its brighter moments, this year managed to set the stage for some very important events that are expected to make 2019 very successful and profitable. Two things have attracted the most attention, both of which were expected to occur in 2018, only to be moved for early 2019. Those two are Bitcoin ETF decision by the US SEC, and the launch of Bakkt.

What are Bakkt and Bitcoin ETFs and why are they important?

Let’s start with Bakkt first. Bakkt Exchange is a business that is set to launch at the very beginning of 2019. It is a cryptocurrency platform that is set to offer a large number of services, including things such as warehousing and trading. However, there is another thing that makes Bakkt special, and that is the fact that the exchange itself is a product of the same company that has created the New York Stock Exchange.

In addition, Bakkt will be supported by some very influential names, such as Microsoft, BCG, and even Starbucks, to name a few. Furthermore, Bakkt will support crypto-to-fiat conversions. Starbucks will actually be one of the companies that have volunteered to help test the system, as users will be able to convert crypto to USD that can then be used in Starbucks.

Bakkt exchange…

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4 Best-Performing Cryptocurrencies in the Current Bear Market

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Cryptocurrencies have been experiencing a strong return of the bearish trend for weeks now, and only now does it show signs of weakening. However, experts believe that the situation will not repair itself so easily and that prices will remain low for a certain period.

However, when bear market strikes, the sentiment gets most bearish when the trend reaches the bottom. Everyone starts selling, and while short sellers can make a profit in this situation, analysts usually warn that the sale will only knock the prices down even further. Since most of the crypto-related news is already negative at this point, such predictions often make sense.

However, there is still one thing to keep in mind, which is the fact that when downtrend enters a capitulation, that often signals that a new bottom has been found. That is the perfect time to actually go against the bearish trend, and start buying. It is also a good opportunity to abandon the coins that seem too risky, and do not seem to have that bright of a future ahead of them.

Bitcoin has dropped by 87% from its all-time high, which it hit back in January. However, the rest of the market dropped with it, and it never lost its dominance, which still remains above 50% of the total market cap. In other words, while its price may have sunk to lows that were not seen for a while now, it…

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Will The Stock Market’s Bearish Outlook Affect The Cryptocurrency Market?

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About 3 months ago I was reviewing what was happening in other markets as the cryptocurrency market kept falling. So I opened up TradingView and what I saw was something so incredible I had to look a second time, I thought I had opened up the BTC/USD chart but it had not yet fallen. I was a bit confused, but I realized my TradingView opened to the DOW, at the time it was looking extremely euphoric and then upon a little more research I saw it was in the longest bull since its conception.  I instantly wanted to see does this just apply to the Dow Jones or does it also apply to the likes of the Russel, S&P500, Nasdaq, Vanguard and then I even looked at the housing market. What I saw I am honestly going to say baffled me, what was there before me was a perfect opportunity, I knew that soon the stock market would fall and started letting people know about hedging.

Last year for many was a huge learning experience and even if many lost money, they learned about financial markets for the first time and may have bought their first ever investments. This was a huge plus for many people who were labeled noobs or noob investors. Why you may ask? Well, the simple answer is that noobs tried investing for the…

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