ZEC Gemini listing may yet change things
It is every crypto’s goal to make as many big partnerships and to reach as many big exchanges as possible. Doing so means an increase in exposure, more trust for the coin, as well as much more activity. If the coin even ends up getting a few trading pairs, that’s even better. This is why ZEC Gemini listing is so important to ZCash.
In fact, many believe that the listing might help ZCash hit a $1,000 mark, which would ultimately put it among the most valuable coins on the market.
Of course, hoping for an increase that would allow any coin to reach new heights is seen as an extremely optimistic way of looking at things, even when the market is not constantly out to get every single coin. This year has left numerous cryptos in ruin, hoping that they will be able to survive until a better period arrives.
When it comes to ZCash, the coin is actually not doing so bad. In fact, it has been among the cryptos with the most stability. Its price fluctuations were minimal ever since the drop back in January. Now, the investors and holders hope to change this, and they see the ZEC Gemini listing as a way to do it.
ZCash depends on network upgrades as well
ZEC is a popular coin by itself, and the reason for this is the secure transfers that it is providing its users with. The transactions can guarantee anonymity, which has made the coin popular and wanted by many other exchanges apart from Gemini. The coin was originally listed on Gemini back in May, however, many would agree that the conditions for the coin’s rise were basically non-existent back then.
Now, the market seems to be making multiple attempts at recovery, and even though it suffered a few recent hits, it always returns to trading in the green. This might be the perfect opportunity for ZEC Gemini listing to finally pay off. While nobody expects the coin to just jump to $1,000 in a day and not drop back down over time, this is still more than a good opportunity for the coin to leave some of its rivals in the dust.
Many also agree that the hype will be over after the original price surge and that the coin’s future will depend on the future network upgrades. Whether the improvements will be enough to sustain ZCash’s new price or not — remains to be seen. For now, however, the coin is still waiting for its opportunity to skyrocket, with its current price being at $114.38. According to the CoinMarketCap, the ZEC is currently ranked as the 21st largest coin by market cap. If the price goes up, this is expected to change as well, so the potential investors might want to consider buying a few of the ZEC coins before it all happens.
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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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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
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.
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,…
CoinFlip Scores Big with BRD Wallet Partnership
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.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…
Can Libra help the crypto industry to reach new heights?
The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.
From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.
What is Libra?
Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.
Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.
The development of…
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