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Why Cardano (ADA) is Expected to Rise in Q3 2018

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Cardano (ADA) has been one of the most stable and reliable cryptocurrencies around lately, and its team has made some significant progress so far. Their achievements and plans are many, and they all work together to bring this crypto to its full potential.

Making Cardano (ADA) reach its full potential is a long journey, and just like when it comes to other cryptos, patience is everything. Still, progress can be seen, and the team behind this crypto has decided to demonstrate it through the recently-released newsletter. In it, they are clearly detailing all the achievements so far, as well as the roadmap for the next quarter of this year.

And, if everything goes as planned, then ADA will definitely become a cryptocurrency worth having. Some believe that it might even go back up to $1 per coin in less than three months, which makes this period perfect for purchasing as many coins as you can, before their value skyrockets. This is a big thing for this crypto, so let’s see what accomplishments are responsible for this potential increase in ADA’s value.

Cardano’s latest and future achievements

One of the biggest and most important changes is Cardano’s introduction of a new version of its paper wallet. The new one is more advanced, which makes it much safer, and is also very usable. Wallets are rarely the first thing that comes to mind when you think about cryptocurrencies, but their competence to keep your money safe is one of the key elements in the world of crypto trading.

Investors need a safe place to put their money into, and to know that they will find it when they return after a while. Not having safe and usable wallets is one of the reasons why most investors avoid holding on to their cryptos. So, now, with the new and more capable wallet, Cardano has become one of the few cryptos that the investors might be comfortable with holding on to, and for a while too.

And while we are on the subject of wallets, Cardano’s team has managed to create a faster one, which is also capable of instantly synchronizing with the blockchain. The wallet is one of the most important products, as we have already established previously, and having a wallet like this is bound to attract more people due to its competence and practicality. The key element of this wallet is its ability to restore the lost wallet key if need be. This is a rare feature, and the investors will surely appreciate it due to large fear of losing all of their funds if they choose a regular wallet. With more trust comes more investments, and more value will be added to Ada.

Cardano’s new strategic partnership

Finally, let’s take a look to the future. One of ADA’s important projects includes attempts to enter a very important partnership, one that might help with bringing a publicity spike for this crypto. The partnership in question concerns Metaps Plus, one of the largest mobile companies in South Korea. A partnership with this company will definitely help Cardano with establishing itself in this country, and will even help this crypto with attracting even more investors. Not to mention that the company will integrate the ADA coin, which will eventually lead to a large increase in its use.

With all of these factors combined and more projects that ADA probably has in store, it is not that surprising that the crypto enthusiasts and market experts are convinced that ADA has quite a bright future ahead of it. Some even say that it will go up to $10 in the next year or two. Right now, all we can do is wait and see, but maybe getting a few coins while the price is low is not such a bad idea.

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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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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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