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eToro Adopts Cardano (ADA) – A Step Forward

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Cardano
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Cardano (ADA) has made a big progress recently by joining the limited list of cryptos offered by eToro exchange. It is the fourth crypto to join this exchange this year, and it is currently the 11th to be listed on eToro, following EOS, NEO, and Stellar Lumens (XLM).

eToro decides to list Cardano (ADA)

Cardano (ADA) is a relatively new cryptocurrency, and it was launched in September 2017. It was created with the goal to allow running smart contracts and various dApps, and its creator is the company called IOHK (Input Output Hong Kong). The crypto has inspired a lot of trust due to its professional team led by Ethereum’s co-founder, Charles Hoskinson. Its community grew rapidly, and the crypto’s success is obvious, especially with this new development.

eToro recognized this coin’s potential and has stated that it is a rather interesting investment opportunity, that will definitely pay off in the long run. By adding it, eToro provided its users with the ability to invest in this coin, and use it in their regular trading activities. It is expected that many other exchanges and companies will also recognize Cardano as a coin worth investing in, as the revolution of blockchain technology continues.

According to the platform, ADA is a strong crypto with a powerful blockchain backing it up, and it might even join the list of the leading cryptos on the global basis soon. After all, the coin is already in the top ten cryptos by market cap and has now joined eToro’s very limited selection of cryptos. Other coins that are included on this exchange are Bitcoin, Litecoin, Ethereum, Ripple, Ethereum Classic, Stellar Lumens, Dash, EOS, NEO, and Bitcoin Cash. Only one of these coins is currently unavailable, and that is EOS, which can’t be used right now due to its MainNet launch.

Despite the enlistment on eToro, ADA’s price has yet to go up, and many believe that this is due to the recent Bithumb hack. Still, the coin’s value is bound to go up sooner, rather than later, especially considering that another period of market recovery is expected to come.

eToro offers BTC/EUR and ETH/EUR trading pairs

In addition to its decision to list Cardano as a new coin available for trading, eToro has also decided to add a couple of new trading pairs, mainly – BTC/EUR and ETH/EUR.

The new decision is expected to bring more new investors in European countries that use Euro as their main currency. Additionally, the inclusion of these trading pairs will be especially suitable for all those traders and investors who are interesting in following these currencies’ future development.

One thing is certain, and that is the fact that eToro will see a significant increase in traffic and use after making these changes. Most of the new traffic will probably come from the users in Europe, but the Cardano (ADA) enthusiasts will also contribute a lot to this platform, now that this young coin has made another important victory on its way to market domination.

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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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Bitcoin crash
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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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crypto credit cards
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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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