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August top crypto bets: Stellar, Cardano, Ethereum Classic, and Vechain

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Stellar Cardano Ethereum Classic
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The market has been slow for months now, and while we all know it will recover and take off, we have no idea when that will happen. So in the meantime let’s have a look at five best cryptocurrencies that, because of their particular features, could do well this month while the rest of the market keeps losing value.

Four of these coins have one thing in common: Coinbase. Our first four picks are all either listed or considered for listing at Coinbase and that fact alone, because of the vast user base that platform boasts and the incredible amount of demand it creates for currencies, is enough to take them seriously this August.

Bitcoin

There are 1500+ cryptocurrencies active in the world today, and many of them are incredibly exciting. Bitcoin is not only the coin that made the cryptosphere happen. 

It also is the market’s leader. When Bitcoin does well, every other currency does well, and when Bitcoin does poorly, every other token follows suit (as you can see exactly that happening right now). If the market shows any signs of recovery, it probably will start with Bitcoin. Additionally, it happens that Bitcoin is currently undervalued so even in a bearish market, it’s expected to recover at least until a point.

Stellar Lumens’ XLM

This currency has secured many important partnerships over the last couple of weeks, its transference rate is increasing a lot, tariffs are low, IBM backs it, and it’s useful as a bridge to settle international payments as it is as a retail token for consumers. 

That kind of versatility guarantees uses and increases demand. It was founded, and it’s still led by Jed McCaleb who also founded Ripple (XRP) and has shown his competence at managing blockchain projects. If that’s not enough to persuade you, XLM was the only coin that increased in value during July.

Cardano’s ADA

This is among the most serious projects in the crypto world. This month will see essential and innovative updates in big chunks of Cardano’s network that will increase performance, reliability and other features. Also, Cardano works very hard in ADA’s adoption.

Yes I, know, you probably had not noticed that at all. That’s because Cardano is not trying to get ADA adopted in Europe, or the Americas but in Africa and Asia because the lack of regulation and bad quality in local financial services make of those regions of the world places in which penetration can be quicker and more in-depth and more useful than anywhere else in the world. 

It’s also worth it to keep in mind that Cardano’s current success has had nothing to do with marketing because they have not done any. Imagine what will happen when they do start their marketing campaign which is scheduled to begin soon.

Ethereum Classic

The main thing about this one is that it’s scheduled to go live on Coinbase Pro this week (as I write this, as a matter of fact) and that Robinhood now supports it. Those two new demand sources are enough to pump any coin up, so there’s not much more to say.

Vchain

Surprised? Vchain is a very young, and relatively low profile, blockchain project that already has some impressive triumphs in its belt. Their killer app is for streamlining airport check-ins in a way that, by the magic of cryptography, the reputation of every passenger’s papers is checked against a distributed database without actually revealing any personal information at all. Also, this project awards hodlers with new tokens just for hodling so, even if it doesn’t rise in price, you’ll end up with a few new tokens.

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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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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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