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Now is the golden chance to invest in NEO, here is why - Global Coin Report
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Now is the golden chance to invest in NEO, here is why

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NEO
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The bearish trend in the market has taken over, and it has caused some concerns in the crypto sphere. For most investors, however, the current trend might mean a loss, but to others who have lots of experience in the crypto sphere, this is the best time or the golden opportunity to buy and invest. Most altcoins are taking significant steps to try and develop in the second half of the year.

We are in the second half of the year, but in the first half, there have been some extreme changes with cryptocurrencies regarding price and the structure of operations. Most cryptos try to improve their platforms and this why it is essential that you invest in cryptos like NEO. As bitcoin’s price dipped drastically, lots of altcoins followed the same trend.

During the bullish trend in the crypto sphere that occurred in December 2017, and in the early month of this year (February 2018), the price of NEO increased considerably at $187 and its market cap at that time was about $5 Billion. The crypto held its momentum towards Bitcoin’s price downtrend, thus, falling to a price tag of $144 by late February.

It is necessary to know that within the last one week, it has dipped drastically to $33 (more than 7% decline in value only in previous seven days). Nevertheless, NEO could follow the same path as it did last year when its price increased in the second half of the year – now is the best opportunity to invest in NEO.

NEO has the potentials to surge in the second half of the year

NEO recently began the election of a City of Zion consensus node into its mainnet. However, this occurrence serves as the avenue for the decentralization of its blockchain network.

It is necessary to know that the City of Zion is a team that is backing NEO’s network. However, the team is made up of developers and translators to enhance the growth of NEO’s network.

Other consensus nodes are going to take place this year: the first and second consensus node.

NEO’s blockchain technology has been used by the world to solve real-life problems, and experts also believe that it has the potentials to surge and outdo Bitcoin.

However, Brian Evans an Angel Investor and blockchain evangelist stated through YouTube that,

the big move for NEO is creating an entire smart economy. It has incorporated digital assets, smart contracts, and a digital identity that can be used for real-world applications and become integrated into the real economy. China could (and may) be a candidate for that real-world application and integration.”

The coin is listed by major exchange platforms like Binance, Bittrrex, Bitnex, CoinEgg, Lbank, etc. Another exciting fact why this crypto coin has good potentials this year is that it has business-friendly programming support and a Chinese technology company support.

Crypto enthusiasts believe that there will be a bull run with NEO in the coming months of this year. Nevertheless, now is the best time to purchase and invest in NEO – because the cryptocurrency is cheaper than ever at the moment, and at the same time, on the path for a big bull run.

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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.

Image courtesy of Maxpixel.net

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Top 3 Crypto Trends That Might Go Big in Q2 2019

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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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