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Making It Easier to Use Cryptocurrency Every Day

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2017 saw a massive increase in awareness of cryptocurrency thanks to the huge increase of Initial Coin Offerings (ICOs). Investors swarmed the numerous new coins available, making it the must-have investment product of the year (well, up until the end that is.) The reason for its success and failure as an investment tool is due to the simple fact that the coins were meant to be used in daily life – all that was missing is the infrastructure needed to make it easy.

Yet The Current System Doesn’t Work

However, there are two issues surrounding utilizing cryptocurrency in daily life. The first is that few retailers accept cryptocurrency at all. The second is that those who do accept these digital currencies typically only accept one out of the dozens of varieties available. Meaning it is possible to have a fortune of cryptocurrency in your pocket and be unable to spend a single penny of it. Bitcoin, Litecoin, Ethereum, and more are being actively traded every day with new coin systems being minted just as quickly.

With an estimated total market capitalization of $660 billion, there is a great deal of opportunity for ICOs to help spur the next stage of consumer spending and economic growth, but ICOs will have to bridge the divide between digital and physical.

How can we solve this challenge? Take MoxyOne, for example. It was founded with the simple goal of providing the infrastructure needed to help ICOs make the transition from an investment vehicle to viable currency. For its part, MoxyOne provides white-label services for companies seeking to offer a complete cryptocurrency solution for their investors and clients. This includes a “banking” solution that makes spending the coins as easy as swiping the provided debit card. Beyond working with other coin platforms, MoxyOne is also offering its own cryptocurrency known as SPEND tokens, offered for distribution through the respectable Cryptopia exchange platform.

More platforms are coming soon, as well. MoxyOne’s Exchange Listing Consultant Rick Kennernecht is working to secure new partnerships with a wide variety of exchange platforms such as EtherDelta. Recent successes in this endeavor include a partnership with the Decentralized Social Networking Platform Social (SCL).

How to Integrate Digital Wallets with Physical Debit Cards

By using the latest in digital wallet technology, MoxyOne has made it possible to securely handle transactions worldwide wherever debit and credit cards are accepted. All the end-user needs to do is install the app and activate the card – from there it is as simple as managing a traditional bank account, without the fees.

This works through the implementation of Just In Time Funding (JITF) which allows for the instant sell of cryptocurrency into the required traditional currency as the user spends it. This means that the greatest hassle involved in modern cryptocurrency – using it in the real world – has been eliminated in a way that is completely seamless for the end-user. The only fee incurred is the traditional platform exchange fee built into all cryptocurrency platforms.

This platform will be released in early 2018, with a pre-sale beginning February 8, 2018, and ending on March 10, 2018. The public ICO starts March 14, 2018, until April 14, 2018. MoxyOne will leverage Raiden Network’s micropayment technology for speed and Gladius’ DDoS technology for stability and overall security. Long-term goals will include integrating with the COMIT network for increased blockchain interoperability and overall access.

In addition to JITF, we enable individual organizations and buyers to obtain the cryptocurrency directly from the holder. In addition to receiving the coins, a number of extra tokens will be provided to cover any extra expenses. This will help grow the platform and incentivize end users to utilize every feature of the MoxyOne platform.

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.

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

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Bitcoin

The Bitcoin Revolution: Everything You Need To Know To Take Profits

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Bitcoin is soaring high in the cryptomarket once again, and experts are expecting a return of the bullish trend of 2017. The current Bitcoin price is $7,615 as of 23 May 6:56 AM UTC. This significant jump comes just six months after the Bitcoin price plummeted to a low of $3150 in December 2018. Since then, Bitcoin has experienced steady growth and gain in the market. However, in the last 30 days, the Bitcoin price peaked to $8,320.82, its highest price ever. This phenomenal jump occurred in a span of only 10 days breaking the Bitcoin record so far of significant gains made in short time frames. This positive growth has led to experts forecasting the Bitcoin price to hit the $20,000 mark by the end of this year.

Since entering the market almost 11 years ago, Bitcoin is still at the top of the global cryptocurrencies list. The current circulating supply of Bitcoin is at unbelievable 17,708,875 BTC. The market trend of the Bitcoin price has remained positive even when the currency did not maintain an uptrend. Cryptocurrency researchers believe that Bitcoin has the potential to grow up to a high of USD 50,000 within the next two years.

How to Profit from Bitcoin…

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Altcoins

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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