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.
For the latest cryptocurrency news, join our Telegram!
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 Flickr
Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
CoinFlip Scores Big with BRD Wallet Partnership
As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…
Cryptocurrency Collateralized Debt Positions Are Growing in Popularity
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…