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Can Verge (XVG) Redeem with RSK Integration? - Global Coin Report
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Can Verge (XVG) Redeem with RSK Integration?

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Verge
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Verge has given its best to skyrocket XVG during the past couple of months. Huge momentum was gained by the announced partnership with MindGeek that took XVG to Brazzers and Pornhub, some of the leading websites in the adult entertainment industry. However, after the partnership with MindGeek that was deemed a massive success, coming after the first successful crowdfunding campaign that XVG has ever had, the public wasn’t so thrilled to have XVG related to the mentioned partners.

Alongside with having Pornhub and Verge partnership mildly disapproved off, the thing that trapped XVG in a misfortunate limbo came in form of 51% attacks that hit Verge more than once in the period of the last couple of months.

With being criticized on both these cases, it seems that this privacy currency might have found a way to redeem itself both in the market and among the crypto community with having started the negotiations with RSK.

Was the 75 million in Verge (XVG) worth it?

Verge had the entire XVG community up on their feet back at the end of March when they announced the start of their first crowdfunding campaign while announcing the mystery partnership to go with it, scheduling the revealing of the partnership for April 17th, but only in the case the minimum of 75 million XVG is reached within the given timeframe.

As we all remember, everything went well for XVG as they managed to collect the needed sum before the crowdfunding ended, while also getting to the headlines across the internet, being one of the most-talked-about digital currencies for weeks.

The mystery partner was MindGeek, which brought XVG to Brazzers and Pornhub while also pushing it up in the market for a brief moment.

However, it seems that the public isn’t so happy about XVG/Pornhub deal, which caused the price of XVG to severely drop in oppose to the dollar.

While the market trends weren’t so benevolent either, XVG went down by -70% in the last two months, while showing -50% against the dollar in the course of the last 30 days. Far from its all-time high of around 0.23$, XVG seems to be having a rough time.

But, the tough situation everyone is talking about when it comes to XVG is only visible when it comes to the dropping price as Verge seems to be scoring listings while being added to SistemKoin at the beginning of June, while another company, PharmaXtracts, announced that they will be accepting XVG as a payment method starting from May of the following year.

Yes, Verge seems to be slowing down as it dropped from being among top 25 currencies to now being ranked as the 34th coin on the global coin ranking list.

However, XVG was in a way recognized with their mystery partnership and the dedication their holders and investors showed during the crowdfunding campaign, where TokenPay was marked as one of the top supporters while announcing XVG debit card in creation.

So, after all, it seems that 75 million XVG weren’t thrown for anything, although the Pornhub deal is still observed with a lavish dose of criticism.

Verge/RSK Integration: Is it going to Happen?

The team behind XVG has announced a week ago on June 9th that the team Verge has officially started with negotiations with RSK mart contract solutions, which is said to be the safest option for making and deploying decentralized apps as well as operating with smart contracts.

Verge seems to be trying the well-known recipe for the second time by representing a new partnership on June 8th with an official post that came from the Verge currency Twitter account, tickling the public once again by following the March model when XVG was circling around MindGeek while keeping their intentions a secret.

However, only one day after, XVG announced that they have initiated negotiations with RSK, which means that XVG could soon have RSK integrated into its system.

RSK is said to be the safest option for smart contract operations, which means that XVG could gain more on privacy and security.

Although XVG is presented as a safe currency, it seems to be hard for the investors to forget that Verge had several 51% attacks during the last couple of months, which also puts RSK integration into question.

Although the deal hasn’t become official yet, many believe that RSK will definitely go for cooperating with Verge, given the fact that the main objective of XVG is to become the top privacy currency in the market, while RSK is known to be a platform which is highly oriented to privacy.

No further details were provided on this matter from neither of the parties at this point.

Only a week before this announcement, Verge released their Test Net to the public, so it is generally a thought that XVG will have further updates on the RSK negotiations once we have more about the Test Net impressions.

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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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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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