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ZRX Coin News: Coinbase-listed 0x Shows The Best Performance During Market Crash

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ZRX coin news announces 0x listing on Coinbase

For several weeks now, numerous ZRX coin news have been announcing that 0x has been trading rather well when compared to other cryptocurrencies. In fact, 0x (ZRX) has become one of the most highly concentrated coins on the market.

Ever since May 2018, numerous experts and cryptocurrency analysts have been claiming that ZRX will eventually end up on Coinbase. This has finally happened, and 0x was officially welcomed to Coinbase’s list yesterday, October 11th.

The decision to accept 0x has had significant consequences on the coin’s price, with recent ZRX coin news claiming that 0x was one of only a few coins to experience a price surge during yesterday’s market crash. At the time of writing, ZRX has a price of $0.754702 per coin, with a 14.32% increase in the last 24 hours. This would be a huge development for the coin even if there wasn’t a price drop that has led some of the largest cryptos to lose anywhere from 6% to 15% of their value on October 11th.

In Coinbase’s own recent statement, the exchange explained that ZRX trading will begin as soon as sufficient liquidity is attained. However, 0x will still not be available in New York, due to this state’s current laws.

Two ERC20 tokens show the best performance

As for 0x itself, this is an ERC20 token, which means that it was created on Ethereum’s network. While it is only one among over 500 digital currencies to be created on Ethereum’s blockchain, it is among the most successful ones, which is something that Coinbase itself has confirmed with their latest move.

Thanks to the listing, many are expecting to hear a lot more ZRX coin news in the near future. Getting listed on Coinbase is a goal for every digital currency, and a huge game-changer for those that manage to achieve it. This is due to the fact that Coinbase is very strict and picky when it comes to listing new coins. Despite the decision to open up to additional cryptocurrencies, Coinbase has still only adopted very few of them. However, more coins await their turn, comforted by the fact that Coinbase at least has them on its radar.

While ZRX coin news about 0x’s excellent performance during yesterday’s price drop is deserving of praise, another coin fared pretty well in such unfriendly conditions. This other coin is none other than Maker (MKR), which is ranked as 22nd on CoinMarketCap’s list, while ZRX holds the rank of 25.

Maker is yet another ERC20 token, with a large focus on smart contracts. Thanks to the fact that this is a coin backed by Ether, it managed to avoid most of the volatility issues that numerous other coins still continue to suffer from.

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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 Jeff Kramer via Flickr

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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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…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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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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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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