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Johnny Depp to portray Ripple (XRP) multimillionaire Matthew Mellon in a biopic - Global Coin Report
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Johnny Depp to portray Ripple (XRP) multimillionaire Matthew Mellon in a biopic

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Ripple XRP
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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, Litecoin, Ethereum, and Ripple On the Rise

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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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Crypto Market is Not Free from the Bearish Trend Yet

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bearish
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Investors and traders are still speculating over the bullish trend that shook the market this past seven days. However, amidst the joy of the price hike in the industry, some people are still cautious. A crypto trader with the twitter handle of BTC_Macro is advising other players in his tweet to be careful. According to him, the bearish cryptocurrency market is not over yet.

In the tweet, the user admonished players in the market not to listen to the people saying that the bears have given up. It went further to say that Bitcoin may still plunge uncontrollably anytime even if it breaks the $6K mark. When this occurs the twitter user continues, any scenario may occur. The advice is that players in the crypto market should be on the neutral side. According to the user, it is not safe to be on the bullish side or the bearish side. Instead, players should be on their toes without bias.

How Trader reacts to price movements

Over time, it has become evident that many traders usually go against the market majority during bearish or bullish trends. Well, there is usually some logic backing up the reactions.

It is true that we have seen the longest bearish trend in the history of cryptocurrencies. Everybody who has a stake in the crypto market is expecting the day of the bull’s rise…

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Altcoins

The Interoperability Problem of Blockchain May Soon Be Over

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Kardiachain
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Crypto traders have certainly had a rough time since early 2018. The markets have tanked resulting in large losses for nearly everyone involved in the market. While that’s bad, what’s even worse is the fact that many projects have failed to deliver on their roadmap. Blockchain technology has been hailed as the next great advance in technology. And while many companies are making strides toward fully implementing blockchain-based technology, there is still a long way to go. As promising as blockchain technology is, there are still limitations that need to be addressed.

Limitations of Blockchain Networks

Although blockchain technology is certainly the future, the existing technology will need to be improved before it can go mainstream.  A few of the current limitations include:

  • Limited Scalability – Blockchain networks have consensus mechanisms that require each node to verify a transaction. This verification requirement slows down the network and limits the total number of transactions that can be processed.
  • Limited Usage – Each blockchain network was created with specific usage in mind. Because of the limited number of use-cases, each network eventually suffers from a never-ending loop of limited adoption. In the end, this causes low awareness.
  • Lack of Interoperability – At present, individual blockchain ecosystems are unable to communicate with each other. If a blockchain network attempts to retrieve information from an external (outside the “chain”) source, each node would have to…
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