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

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Zilliqa
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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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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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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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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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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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