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ICON (ICX): The Big Bull Is Coming

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The excitement around Bitcoin (BTC) has resurfaced with the talk of institutional investors such as Blackrock and Goldman Sachs expressing their interests in blockchain technology and cryptocurrencies. The way things are going, 5 to 10 years to the future, the early birds who got into crypto investing during this time period, will be telling stories of how they trusted their guts in buying the numerous digital assets available in the crypto markets.

One such digital asset is ICON ICX and good times are knocking for the digital asset that has a very impressive past in the crypto markets. ICX is currently trading at $1.40 at the moment of writing this. The last time this value was seen, was back in early December last year before all hell broke loose and BTC was valued at $20,000 by the 17th of the same month. ICX would later peak at $12 in early January. The way the markets are looking with a resurgent Bitcoin, ICX could just be ready for another ride as the last one we saw in January.

Another thing that could lead to a bull run is that the ICX project recently completed a token swap that was spearheaded by the Binance exchange. Both the TRX and ICX token swaps were completed on the same day on the exchange signifying that both digital assets are now on their own blockchain networks and can be officially referred to as coins. We all know that this is a great step forward for both TRX and ICX. Keen investors love seeing progress in projects that have kept promises from their roadmaps. ICX has done just that. Therefore, there are investors watching from the sidelines and some are buying more of the digital asset. Which one do you want to be?

Thirdly, the ICON project is backed by numerous financial institutions, insurance firms, hospitals, and universities. One such strategic partner is the Korea Financial Investment Association (KOFIA) which is a network of 26 financial institutions in South Korea. There is also an unconfirmed partnership with SBI Ripple Asia and plans of furthering cross-border payments between Japan and South Korea. These are all amazing developments that mean that the coin will be on its way to a Moon Landing very soon.

Summing it all up, with a resurgent Bitcoin, comes the need to diversify our crypto portfolios with worthwhile digital assets backed by functional projects with a good team and results. ICON (ICX) is one such project and coin. The digital asset is at its lowest value this year and ripe for the buying.

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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 Elizabeth Oliver via Flickr

Blogs

Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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