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Electroneum (ETN) investors can have a broad smile on their face

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The time of thinking is over – time for action. Only a smartphone is required. Electroneum (ETN) coin is the way to introduce yourself to crypto-space if you’re still on the fiat side. The form of owning the coin is no hassle, and for that reason, it has experienced a good run in price as well as growth in the market cap.

The hike in the ETN price is probably there to stay and may move further up contrary to the expectations of many. Perhaps, many think it’s just seeking the attention, but the coin has shown incredible potential of standing out and taking the best position in the decentralized payment systems.

Currently, there is every reason to believe the Electroneum sooner or later will go head to head with the likes of Apple Pay and PayPal. One thing is for sure, if it wins, its intrinsic value will be at the sky, without a doubt.

The Electroneum (ETN) Partnerships are Real Help

It’s understood that the moment any project hits the headlines, a lot gets done before that – behind the curtains to achieve that milestone. Similarly, the ETN team has done an excellent job considering the fact that it has increased in value by more than 13% in total, within the last 14 days.

In January they partnered with XIUS, mega soft telecommunication for global payments, which has given Electroneum (ETN) substantial visibility to over 65million subscribers. XIUS employs mobile power stumping its presence in six continents and ETN is using that advantage to grow. With XIUS monthly transactions worth of $1billion, the partnership with Electroneum is a milestone worth applauding.

Further, the coin is enjoying the visibility of a firm reselling financial as well as communication services via value addition – Unified Media. This partnership will undoubtedly help ETN visibility to hit their global audience of 130 million.

As the audience alongside the ease to get the hands onto coin increase, the chances of mass adoption will increase – and hence, raising the price value as well as the market cap of crypto. Another partnership with Effortel, a virtual market network that combines more than six mobile operators is also a boost for ETN.

The Reason Behind the Electroneum Price Surge

The adoption of cryptocurrencies has some hindrances, one of the major ones is the lack of KYC functionalities. The reason is simple. The world we’re living in is a dangerous one with issues of terrorism financing a critical threat to security hence mainstream institutions remaining cautious with the cryptocurrencies not risking being on the negative side of the law.

Therefore, when any crypto adds KYC, it puts its foot forward to mass adoption. This provides personalized services which discern the user. Also, it’s compliant with the crypto-sphere regulations hence increasing trust as well as the confidence of the investors and adopters.

It’s more partnerships with existing systems and with the rising mobile and internet penetration that has helped Electroneum (ETN) to reach many folks who mine the coin with ease now (and confidence). Besides, they have started campaigns for a mass adoption through awareness, and hence, it’s just a matter of time before ETN puts a broad smile on the faces of the investors (the cryptocurrency has started doing that already).

The coin is trading well at $0.0226 gaining 3.23% versus the dollar in the last 24 hours, and with all the efforts behind it, Electroneum price could touch the sky (sooner than many out there might be thinking currently). Will it win against Apple Pay or PayPal? Only time will tell. However, one thing is for sure; the future is quite bright for ETN investors.

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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.

Image courtesy of Free-Photos/Pixabay

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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