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After Making a Deal with MindGeek, Verge (XVG) Now Wants Spotify too
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After Making a Deal with MindGeek, Verge (XVG) Now Wants Spotify too

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Verge
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Crypto enthusiasts only had a week to adjust to Verge’s recent victory involving the adoption of cryptos, when Verge (XVG) decided that they are still not done with their business deals. Another collaboration may be entered quite soon.

It has been a week since Verge managed to enter the partnership with MindGeek, which was considered to be one of the greatest victories for cryptos to date. However, this currency is not showing any signs of stopping when it comes to achieving what was seen as nearly impossible only a few years ago. They are now considering making the next historic deal, and this time, the aim is set at the music streaming giant – Spotify.

Verge wants Spotify

Verge core member which is in charge of recruitment and social media, Cees Van Dam, has decided to call out to XVG’s community. Van Dam wanted the VergeFam to add their support to a campaign that has a goal of getting Spotify to adopt cryptos as well.

He posted a tweet in which he asked XVG’s followers to give their thoughts and vote on a new proposal that would demand that Spotify makes a formal evaluation of Verge cryptocurrency. The goal of this act is to determine whether XVG is good enough to be added to this music streaming platform.

The tweet received a lot of support and attention and was retweeted and favorited several hundreds of times.

A Verge volunteer that goes by “Dan” is the one responsible for this suggestion. He pointed out to Spotify that partnership between Verge and MindGeek was a “monumental accomplishment”. He also called the potential partnership with Spotify “a huge business opportunity”.

Another thing that Dan informed Spotify of is the fact that any positive outcome regarding the proposal would be supported by Verge’s enormous community. The community itself is constantly searching the Internet in search of new resources, all for the purpose of letting the consumers take full advantage of every new partnership.

The idea of partnership gains popularity

There is a great chance that Spotify will see the potential that this offer carries. The suggestion proposed by Dan is one of the highest ranking ideas on Spotify’s page called “Top Ideas“. Whether the company chooses to act on this idea or not, they will definitely at least see it.

VergeFam’s members seem to be extremely encouraged by Verge’s recent successes, and it would seem that they have even developed a habit of finding the new potential partners for Verge. Not only that, but the members themselves choose to take the first step when it comes to approaching the companies that might make a good match.

There were many suggestions that appeared recently, and some of the most important ones include Tinder, as well as Stripe. The wish list also treats Netflix as one of the most desired potential partners, but whether one or more of these companies will be interested still remains to be seen.

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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 Jon Åslund via Flickr

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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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