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McAfee bullish on Docademic’s growth in a bearish market tendency

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McAfee Docademic
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It’s not a secret to anybody that the crypto market is going through a rough time as of the moment (last 24 hours or so have been good, though), many of the cryptocurrencies that exist are trading in red, and what’s worse, even the top tokens are suffering remarkable dips in a sector that seems to be stumbling right now. Like this, it results very notably how in recent times when a coin starts to have a bullish behavior and a good performance, it becomes worthy of attention, a fact that even when is not that common, still happens with a certain regularity in the cryptosphere.

That is precisely the case of Docademic (MTC), a cryptocurrency created with the intention of “providing free basic healthcare to the world through universalization, Integration, and Improvement of Medicine using AI and Blockchain.” The MTC token has appeared in the spotlight recently as one of the few cryptos in the market that at the moment is trading on the green, a fact that undoubtedly has become a significant milestone for the sector.

In this way, the MTC token has managed to obtain one of the strongest supports of the industry, which in this case, is the endorsement of the influential businessman, John McAfee. The CEO and founder of McAfee, used his Twitter account to forecast a remarkable performance for the MTC token, and despite the apparently exaggerated prediction, lots of people are considering the asseverations as the token has managed to grow in a massive 76 percent in just last seven days.

Current performance of Docademic (MTC)

At the moment of writing, Docademic (MTC) is the number 114 crypto on the coinmarketcap lists. The token has a market capitalization of $82,807,313, a value per token of $0.29011 (it was $0.400641, fell by more than 30% in last 24 hours), and a volume of $6,700,840 in the last 24 hours.

Surprisingly, the token has been gaining momentum just when the market is not looking so good (yes, it’s recovering a bit now). In fact, it has an advantage over top cryptos such as Bitcoin (BTC) or Ethereum (ETH) which in the last couple of days have continued their dips. Last week the MTC token was number 191 on coinmarketcap, and this has drastically changed to the current 114th position, which actually is not expected to stay the same for so long.

The endorsement of McAfee

John McAfee has been characterized as one of the most influential figures in the crypto industry. To say the truth, his crypto-related opinions on Twitter besides grating him an immense amount of money, have actually the power to influence the market, a fact that has already been proved with several predictions he has made in the past that became a reality.

But beyond being a controversial person, John McAfee, has turned into an advocator of the crypto sector. Not so long ago, he announced that he was going to postulate himself to the 2020 presidential elections, to serve as a spokesman for the crypto community. In this sense, he appears now to be setting all the details of his campaign, and as it seems, he has chosen Docademic (MTC) as the basis for his presidential healthcare proposal.

Conclusion

Docademic’s growth has been one of the most remarkable ever seen in the crypto environment, and this is something forecasted to be even bigger with the latest listings of the coin in several exchanges including HitBTC. If this were to continue, and additionally if governments decide to partner with the coin (remember it centers on healthcare) we could be speaking of the most significant growth in the market. So stay tuned!

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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 Pxhere.com

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.

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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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.

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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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