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McAfee 2020: The Bitcoin (BTC) Candidate

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2020 is just around the corner and soon Americans will be choosing the leader of the free world (again). And while most of the red white and blue-blooded patriots of the US will waffle between the inevitable Republican and Democratic candidatesa few of us will be looking into the alternatives offered by various third parties.

Lucky for us, one of those third-party candidates have already come forward. Internet security guru and champion of the cryptoverse, John McAfee, has officially thrown his hat in the ring. Running as a Libertarian, McAfee is making headlines and lighting up the twitter feeds with a brand new political platform designed to bring awareness to blockchain technologies while securing the civil liberties of our internet personas.

And it couldn’t come soon enough.

As we watch our malevolent overlords rip apart what’s left of net neutrality, it has become increasingly difficult to find a voice defending the people’s right to a free and open internet experience.

Between Silicon Valley collectively banning conservative opposition to their progressive agendas, and conservative politicians granting corporations ever intrusive access to your personal information, it seems we are left deciding between two sides of the same tyrannical coin. Whether liberal or conservative, the leaders of the two-party system seem to want the same thing: control of your data. A McAfee White House may flip that coin on its head.

But for investors in the altcoin space, there may be a better reason to cheer the candidacy of John McAfee; There is perhaps no better platform for enlightening the masses about the benefits of blockchain tech. And the coin(s) to benefit from an increased interest in cryptocurrency are likely already hodl’d in our digital wallets.

If you weren’t already, it may behoove you to take note of the coins pumped by this eccentric candidate as we get closer to election season.

Currently, McAfee remains vocal about his predictions concerning Bitcoin (BTC), but he has also recently expressed interest in Swarm (SWM) and decentralized exchanges like EOSfinex and the Binance DEX. Going forward, these coins and exchanges may deserve a second look from each of us as McAfee expands his influence into the media circus surrounding the 2020 presidential election.

In 2016 John McAfee was on the presidential stage helping define the debate surrounding cybersecurity. This time around he will introduce Bitcoin (BTC) to a curious public ready for a new investment strategy. With Rob Loggia, his presidential campaign manager, already laying the foundation for his historic 2020 run, McAfee stands ready to attack the media with a non-stop 2-year crypto-blitz of valuable information on the importance of his favorite decentralized coins.

Despite the seriousness of his rhetoric, McAfee has made it clear that he does not expect to win the presidency. The purpose of his running for president is to bring decentralization and the benefits of cryptocurrency into the American consciousness. To McAfee (and to investors in the cryptoverse) getting your vote is less important than raising your awareness… and perhaps the price of your favorite altcoin.

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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

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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