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EOS, ETH, DASH, ADA: Top 4 Coins Right Now

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Ever since crypto investments became popular, aspiring investors have been struggling to find the best coins to put their money into. With the number of new cryptocurrencies always being on the rise, and the total number of digital coins exceeding 1800 of them, it is understandable why this has been such a difficult thing to do.

The fact that this year has been marked by an almost constantly bearish market did not help the matters either. Wherever the investors look, the prices seem to be constantly dropping, which is not exactly reassuring. However, even with all the troubles that the crypto world is going through, there are still coins worthy of time and investments. With that in mind, we have scoured the market in search of the best cryptos with the most potential, and we believe we have found four of them that have a very bright future ahead.

Those are Eos (EOS), Ethereum (ETH), DASH (DASH), and Cardano (ADA). Keep in mind that investing in cryptos means investing into the future, and while the results may not be apparent straight away, those investing in these coins will certainly be glad they did so after a while.

Top 4 coins for smart crypto investments

1) EOS

EOS is one of the biggest and most popular cryptos today. It holds the 5th place on CoinMarketCap’s list of largest coins, and its price at the time of writing is $4.87. While this is not exactly impressive at the moment, keep in mind that this is a result of an 8-months long bear market, which means that EOS has been doing pretty well.

It is similar to Ethereum in function, and its blockchain is dedicated to the creation of dApps. Their creation is easy due to multiple functions and services for the developers to choose from. EOS’ main goal is to gather together the best features and provide the best technologies for smart contracts and dApps, which will allow everyday users to have access to everything they need in an emerging blockchain era.

2) Ethereum (ETH)

Next, we have Ethereum. This is a coin that really needs no introduction, as it is the second largest crypto, and it held this place ever since it was created. Its current price is $283.71, which is pretty good considering this year’s market situation. Ethereum is an open software platform that is blockchain-based, and it is dedicated to the creation of dApps, just like EOS.

In fact, Ethereum has been a leader in dApp creation for a long time, and its network is also responsible for creating numerous other cryptos. The best example of an Ethereum-based coin in TRON (TRX), that only recently achieved independence. Ethereum is completely decentralized, has decent speeds, and offers transparency that is so crucial to the crypto world. For many people, Ethereum is a better choice than Bitcoin itself and the fact that it is as popular as it surely confirms that this coin has a bright future ahead of it.

3) DASH

If you are concerned about privacy and anonymity during your crypto dealings, then DASH may be just the coin for you. It is unlike most other crypto projects, and it focuses on keeping its users’ transactions private. It is the 14th coin on CMC’s list, with a price of $145.15 per coin.

DASH was created as an alternative to Bitcoin, whose developers would never allow BTC to go into such depths regarding anonymity. It was still created using Bitcoin’s core code, but it remains its own crypto with its own blockchain. It is fast, secure, and most importantly — private. As we all know, privacy will always be needed on the internet, which means that there will always be a need for DASH, as long as people are willing to use cryptos.

4) Cardano (ADA)

Finally, we have Cardano. This is the 9th coin as per CMC, with a price of $0.094769 per coin. Apart from being a cryptocurrency, Cardano is also a technological platform which aims to allow its users to run various financial apps needed in their everyday lives. It was created by a team of highly-capable professionals and academics, led by Charles Hoskinson, who also co-founded Ethereum.

In fact, Cardano has one of the most impressive teams in the crypto world. The team’s goal was to make a next-gen blockchain, and in doing so, they took their time in order to make something great. Cardano blockchain and its cryptocurrency, ADA, are the result of these efforts. It is similar to Ethereum in a way that it is mostly dedicated to the creation of smart contracts, but it offers numerous other features, better speeds, greater reliability, as well as improved security. Cardano has the potential to become the sole representative of the third generation of cryptos, and as such, it is definitely a smart investment.

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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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Blockchain-Focused ETF Arrives on London Stock Exchange

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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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Three Biggest Things To Know Come Cryptocurrency Tax Season

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In recent years, digital cash systems known as cryptocurrencies such as Bitcoin and Litecoin have exploded into the public eye. A blend of cash and stocks, their use and value has grown exponentially. In 2017, the IRS decided to focus great effort on taxing them. In theory, this should be as simple as calculating taxes on any other type of property, bond, or other assets. Cryptocurrency, however, presents a unique challenge. The full extent of one person’s crypto activity can stretch across dozens of platforms and take a variety of different forms. This makes it difficult to gather all of this information cohesively, much less begin the seemingly- complicated process of reporting it.

These three tips should help anyone looking to legally report their crypto activity to figure out where to start.

Documentation is key!

There are dozens of different “exchanges” individuals can use to change their cash into crypto. When the flat currency is changed into cryptocurrency at the exchange, you establish your cost basis. This makes this data crucial when you begin the process of reporting.  Those who have used a variety of different exchanges should keep detailed records of everywhere that they made trades. Once tax season arrives, most exchanges will allow users to view their entire trading history with that exchange. This information will be necessary later to complete taxes.

Calculate your total gains

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