Ontology (ONT) A Bright Star In The Crypto Market
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Ontology (ONT) A Bright Star In The Crypto Market

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Ontology

The crypto market has seen some developments in the past few days (a week or so), and after a closer look, it is clear that ONT Ontology (ONT) wasn’t left behind either. In fact, it has hit $4.259. In terms of the supply levels, it is at 241,236,451 having a market cap of $1,027,459,818.

Subsequently, the currency clocks a volume of 36,655,600. When the examination goes a bit to the history of Ontology (ONT), its price over the last 24 hours has moved +4%, and over a week the change is recorded at -0.60%.

Nevertheless, the bearish bloodbath of 2018 has taken a heavy toll on many tokens’ market cap, but somewhat defiant Ontology (ONT) project, which is a dispersed trust collaboration platform, has managed to bucked the trend. In fact, ONT token stayed as a lesser-known coin before its 91% hike in the last couple of weeks that enabled it to sprung up to 23rd position on coinmarketcap.

Despite being premiered only in early March, Ontology stands with $1 billion market cap already – that, for sure, is something to admire about the coin and apparently hints towards a bright future of this crypto.

Generally, when it comes to the whole discussion on the functionality of cryptocurrency, several advantages are involved. First, the payments between individuals have been made easy and fast-without an intermediary. Secondly, with the cryptocurrency, there are reduced or utterly non-existing transaction fees that most processing institutions and banks charge.

Indeed, the cryptocurrency charges low transactions fees or simply eliminates the transaction fee. Another advantage is based on the security of the transactions. The cryptocurrency offers secured transactions whereby the owner of the wallet can only receive or send payments with it, and anonymously.

It is quite clear that the rise of Bitcoin, as well as the other cryptocurrencies, has led to some kind of disorder among investors, institutions, and financial firms. The basics are not easy to understand when in this blockchain technology especially for an average investor as if not much familiar with the topics then it may be hard to understand the language used. The blockchain technology is a distributed ledger, which is decentralized and makes a record of all the transactions that can’t be modified.

The challenge now is that investors are wondering whether to incorporate the cryptocurrency into their portfolio. Currently, it is hard to put a marker on the discussion as it is always good to proceed with caution (we are talking about your money here).

An investor needs time to work first to know exactly how the digital currency works and if there are possibilities of growth in the future. Many investors get tempted easily due to lack of proper education into the crypto trades that are not what they seem.

All that said, coming back to the point, married to its big brother NEO’s success, Ontology (ONT) has clearly started to turn heads market-wide. And, you must not miss out on this emerging cryptocurrency – it is well worth of keeping an eye! You might also want to bet on it, but of course, at your very own risk.

We will be updating our subscribers as soon as we know more. For the latest on ONT, sign up for 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 Carl Jones via Flickr

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

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.

Mission Statement

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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

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.

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Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

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