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Johnny Depp to portray Ripple (XRP) multimillionaire Matthew Mellon in a biopic

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We can all agree that in the crypto world, in a manner of speaking, nothing seems to be more ambitioned and desired than the validation of the ‘real world’. In fact, it results notable how certain cryptocurrencies in the market such as Ripple (XRP), Litecoin (LTC), or even Tron (TRX), are constantly in the seek of building up this sort of ‘bridge’ to diminish the friction that several cryptos experience when it comes to getting to the masses, one of the main issues that the sector still needs to work on.

However, it is precisely in terms of validation that the crypto world would be surprised (and very happy) with the encouraging news that one of the greatest artists of the seventh art, Johnny Depp, maybe playing the crypto-related multimillionaire Matthew Mellon in an upcoming biopic that will show the life of the businessman and his relation with the crypto world. Hollywood meets the crypto world sounds so fascinating, right? Let’s see all the details behind this.

Matthew Mellon life and investments

Matthew Mellon was a businessman who was born in New York City in January of 1964, he was related to the Drexel University and the Carnegie Mellon University, both of which are campuses founded by his family. In this matter, a total worth of $25 million was inherited by him at the age of 21, money that later was used to make several investments among which the most remarkable one was the $2 million that he invested in Ripple’s XRP, a move that granted him with the title of ‘billionaire’.

Mellon obtained a profit of $1 billion dollars with the third largest cryptocurrency of the market, the infamous crypto created by Ripple Labs. Let’s recall that the XRP token saw incredibly positive changes in its prices once it was introduced in the market, the specific time in which Mellon decided to place his bets on the crypto.

In regards to his life, not everything was rosy for the businessman. In fact, he was diagnosed with bipolar disorder, and he was known as well to be involved with drugs and alcohol problems, one of the reasons that took him to rehabilitation clinics more than once. He was married twice, being his first wife Tamara Mellon, and the second, the daughter of Robert F. Kennedy, Jr., who was his partner by the time of his death on April 16th in Cancun, Mexico.

He was supposed to get a treatment for an OxyContin addiction when he encountered death in a hotel room after suffering a heart attack produced by the consumption of Ayahuasca, an indigenous natural drug used in religious rituals.

Comments on the XRP billionaire biopic

Nothing has been confirmed yet regarding the actual possibility of the biopic. However, in accordance to the news entertainment portal Page six, the Hollywood star Johnny Depp said to be interested in playing the role of Mellon in a movie inspired by his life.

For its part, Mellon’s family hasn’t declared anything regarding the rumors, but the same Matthew Mellon cracked jokes in several occasions saying that a movie about his life would be something very interesting to watch. Could that be a possibility now? Well, we still need to wait to respond this, but we can all be sure that in case this happens, it would represent a HUGE benefit for the crypto community and not for the Ripple’s XRP only.

What would happen with XRP though? 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.

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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

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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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