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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

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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