NEWS today about Crypto And a very famous Senator Investing in Cryptocurrency

in #cryptocurrency7 years ago

Before we start from the very interesting part of the news, let me show you the first part of the news of Rising of Cryptos and a warning!

WARNING:

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  • First, do not click any site at the comment of your article saying, (for more details click this site) it was a phishing attack! A hacker!
  • Second, do not download Application at the Google Play store if you find that the main website does not launch their Apps.

Despite Volatility in the UK

The more optimistic about the near future of cryptocurrencies are the retail investors and the British financial services to increase their exposure. More than 54% of investors are expected to increase the price of cryptocurrencies within 12 months. According to a new survey, only 32 percent of people anticipate the decrease in the price of cryptocurrency released by Citigate Dewe Rogerson.

They found also by interviewed that 56% of people acquire the digital money base on their study. Other persons estimated of 31% planning to sell or to retain some of their cryptos and other wants to get rid all of their crypto coins. Conducted by the consumer Intelligence unit, more than one hundred forty-six people in the United Kingdom attend and participate in the online survey. When these people questioned at the end of February, more than 104 of them are still owned cryptocurrencies.

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By 2021 cryptocurrencies report, around 32% expert anticipate a dramatic increase in the price in that year according to the authors of the "Investor Perception." The other predicted a slight rise of the cryptocurrency. And just 28% those who believe the valuation will fall.

According to the Executive Director of Citigate Dewe Rogerson, Mr. Phil Anderson that a lot of cryptocurrencies have seen a big increase in rate. Many of other investors have lost their money, while the millionaire of cryptocurrency is created. And he added, their research team reveals that many professional are competent about the cryptocurrency.

Mr. Phil Anderson said that the market capitalization at the beginning of the year for the cryptocurrency was around about 800 Billion. 59% of the professionals at financial expect it to be over $1 trillion by this coming year 2012, while the other is anticipating to be just more than $2 trillion, he said. Other is negative thinking that the market will shrink and the market cap will be in $800 billion below.

Crypto is still Attract Billions

Expectations on new regulations will remain high on financial professionals, within the next 2 years, around 62% anticipate the substantial increase of the regulatory pressures. Despite this, estimated of 22% of the professionals think that the money transfer and digital currencies for payment will dramatically increase. And within the next 5 years, other 48% of people are moderate predict a rise.

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Most survey participants believe that large companies will benefit most. More than two-thirds of respondents have said that larger companies will increase their holdings in crypto for the next three years. 68 percent thinks that the corporations are tempted to use the cryptocurrency using the smart contracts and other application of blockchain.

Approximately 54 percent expect more companies to use cryptos for fundraising. 44 percent of financial experts are expected to be a heavy increase in the use of blockchain technologies, while 33% think that their introduction will be slightly slow.
Special News from the Philippines
Our People Champ Manny Pacquiao is Investing in Cryptocurrency startup, and he will Release His Own Virtual Token Soon
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Mr. Steve Askew, executive president of GCOX and Sen. Manny Pacquiao, during the contract signing of the GCOX.

The boxing champion and Philippine senator Emmanuel "Manny" D. Pacquiao added a "startup investor" to his long list of titles. And soon, he'll also find himself a "cryptocurrency owner."

In a press release dated March 7, 2018, A Global Crypto Offering Exchange (GCOX) announced a Singapore-based virtual currency exchange, approved by Pacquiao as a celebrity ambassador to use GCOX's cryptocurrency services, allowing her fans contacting the boxing-senator. These services include the boxing champ who create his own virtual token called PAC Coin, which will allow users to take advantage of Pacquiao-related content exclusively on GCOX platforms.

"Pacquiao's presence on GCOX social interaction platforms like Celeb-Connect, Celebreneur, and Celeb-Charity promises more ways to get closer to the famous boxing champion, as well as access to exclusive content and merchandise, "GCOX said in the press release.

A member of Pacquiao's team confirmed the participation of the boxer at startup and his status as the first famous GCOX ambassador to Entrepreneur Philippines. Calling itself "the world's first worldwide known cryptocurrency exchange," GCOX's goal is to monetize popularity by enabling them to create their own celebrity tokens. This platform allows users to buy a celebrity merchandise, stream video content similar to pay-per-view TV and donate to celebrity's selected charities, all with personalized virtual currencies.

GCOX got a lot of private investors, including Pacquiao himself. While the startup does not reveal how much money they have received from Pacquiao, his entry into the virtual startup of money has added to the various businesses he has invested in the past years.

According to his latest Statement of Assets, Liabilities and Net Worth, 93% of his 3.4 billion pesos worth of assets are involved in real estate, real estate, and jewelry. The remaining 7% are in business investments, which include the Singaporean Media Company, a Singaporean Mobile Gaming startup and a radio operator based in General Santos.

By: Entrepreneur

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