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Charlie Lee of Litecoin fame and the HTC Exodus phone - Global Coin Report
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Charlie Lee of Litecoin fame and the HTC Exodus phone




Charlie Lee is a former Google software engineer who became fascinated by Bitcoin. Being a software expert, he realized that the mining process could be much lighter without affecting the Bitcoin’s blockchain security and reliability so he set himself to do exactly that. Thus was created Litecoin.

Mr. Lee remains Litecoin’s leader, and he’s one of the most charismatic and beloved figures in crypto. The Litecoin community adores him.

Earlier today he announced a last-minute trek to Helsinki where he will meet with Phil Chen (more on him later) to talk about the HTC Exodus phone. Here’s Mr. Lee’s tweet:

Mr. Lee is obviously excited about the new crypto-friendly smartphone and he’s not alone. Vitalik Buterin is quoted in the phone’s website saying,

“I’m excited to see EXODUS putting in the work to make blockchain and cryptocurrency technology secure and easy to use for the masses.”

Many other personalities in the cryptosphere are hailing the new phone’s arrival as the “blockchain phone that could change the internet as we know it” according to TechRadar.

The new HTC phone is called Exodus 1. The developing team was led by Phil Chen who is the project’s DCO as well as MD at Presence Capital and has held key positions in many tech-related enterprises and startups. He’s currently an advisor to several AI companies such as Blue Vision Labs and Cloudalize.

The new phone features a 6-inch screen at 18:9 ratio, a 3500 mAh battery, two cameras (one with digital zoom). It will work on Android and it offers 128 GB of storage, and support for 4G networks.

But the main feature, the one that has all the cryptoverse personalities excited is that, as stated by Mr. Lee, it will support several cryptocurrencies out of the box. It’s still unclear what will be the exact way in which they will be supported, but it’s safe to assume that it must be very well done if it’s gathered that much praise from personalities as different as Mr. Lee and Mr. Buterin.

This phone will be a pioneering effort by HTC and it could help put it back in the map. Conversely, it could make Apple and Samsung pay some attention into the cryptosphere so they take a page out of HTC’s book, but that remains wishful thinking for the time being, especially since Apple is openly hostile towards crypto.

Litecoin has been campaigning all year long to push for its token’s adoption. #PayWithLitecoin has become a ubiquitous hashtag and the passionate Litecoin community keeps asking for business, local and online, to start accepting Litecoin wherever they go. So having a mobile phone that works with Litecoin without any further hassle fits perfectly into Mr. Lee’s and Litecoin’s priorities and efforts.

It will be very interesting to see how the mobile market reacts to history’s first blockchain-powered smartphone.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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 YouTube.


Top 4 Cryptocurrencies to Bet on in 2019



top 4 cryptocurrencies

The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore




With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?




XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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