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Here are 2 More Reasons to Buy Zilliqa (ZIL) Right Now

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The lowest levels of Bitcoin (BTC) this year were witnessed on the 29th of June. The entire Crypto market also came to its knees on this date with the total market capitalization reaching new lows of $232 Billion. These levels have been rejuvenated and are currently at $273 Billion at the moment of writing this. BTC has also gathered some steam since then and is trading at $6,808.

A good picture of how much the markets have fallen in the last six months is the fact that BTC was valued at $20,000 last December and the total market capitalization of the crypto markets, stood at $832 Billion in early January.

The reason for this brief reminder of the past crypto market performance is to highlight that Zilliqa (ZIL) is also at its most recent lows. This is the first reason to get some ZIL right now. These lows will not be around for much longer as the project continues down the second half of 2018. The token had new lows also on June 29th when it was trading at $0.060. ZIL is still undervalued at current levels of $0.080. Past performance of the token has seen it reach levels of $0.23 back in early May. This means it is only a matter of time before a similarly stellar performance of the token in the crypto markets due to the second reason below.

A second reason to get ZIL right now is the current progress showcased by the project. The team has redesigned the Zilliqa website as well as launching the second version of the TestNet that allows developers to test out the Scilla programming language. The new Testnet can currently handle 2,828 transactions per second, which is considerably higher than the transaction capability of the Tron Mainnet Network that can only handle 2,00 tps. This means once the Zilliqa MainNet is launched, it stands to have a chance at edging out TRON as the preferred platform for decentralized apps and smart contracts.

This high throughput evident on the Zilliqa platform is ideal for DApps in gaming, entertainment, digital advertising as well as finance. These are the 3 key industries for emerging applications and technologies on the blockchain.

The current roadmap indicates that the MainNet will be released in the third quarter of 2018. We are currently in the 3rd quarter which runs up until the end of September. Anything can happen between now and then including the much-anticipated crypto market recovery and a Bitcoin bull run brought about by new money from the institutional investors that want a piece of the action in the crypto markets.

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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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