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Charlie Lee Officially Confirmed Litecoin (LTC) and TokenPay Collaboration

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Litecoin

The news about Litecoin starting a collaboration with TokenPay came exclusively on April 26. Charlie Lee officially announced that LTC will now be pairing up with TokenPay officially as it was implied earlier. However, the official statement made by the “first man” of Litecoin, contained Lee’s claims that Litecoin and TokenPay “are still exploring options”, which means that the partnership is not yet official. Let’s see what would it take to have TokenPay and Litecoin collaborating together, as well as what this collaboration could mean for Litecoin.

Is Litecoin Starting Collaboration with TokenPay?

Although Charlie Lee, the first man of Litecoin, is still keeping the public in the dark while all LTC enthusiasts and holders are waiting to see if the mentioned collaboration is actually going to happen in reality, there are some strong indications that this collaboration could turn official very soon.

As it is easily concluded, LTC came as a bit vulnerable after this currency lost its long-held spot as the fifth-best currency in accordance with the global coin ranking list. Its spot was lost to EOS, which easily climbed to the spot number five, that way taking it over due to significantly increased trading volume of EOS currency, while LTC went down taking the spot number 6 on the global coin ranking list.

This is probably the main reason why LTC is so closely monitored – the team lead by Charlie Lee is stepping up its game while trying to bring LTC to mass adoption while also working on having Litecoin partnering up with TokenPay as it was originally indicated in the not so far past.

Moreover, what makes us believe that TokenPay and Litecoin are set to officially pair up is the fact that Charlie Lee and TokenPay’s Derek Capo, revealed to the public that both, LTC and TokenPay are exploring an opportunity to include a German bank in a project that would involve crypto debit cards and many more.

In case you didn’t follow up on Verge and TokenPay story, if we go back a couple of weeks ago, you can recall that Derek Capo announced that the TokenPay team is planning on purchasing a German bank while the plan included Verge as TokenPay’s currency of choice.

Around the time when we were still unaware that Verge has started a crowdfunding campaign in order to collect 75 million XVG for a mystery partnership, the community believed that the mystery partnership was actually hiding TokenPay as a partner, to which the majority of XVG holders and investors were looking forward to.

In the end, it turned out that XVG was actually partnering up with MindGame which brought them to PornHub as one of the possible payment methods.

In case you are holding or are interested in holding XVG, you will be glad to know that this partnership is happening. Verge currency will be used in a bank in Munich in case Derek Capo buys the bank off as mentioned in the official tweet discussion between Derek Capo and Charlie Lee.

In this tweet public conversation, TokenPay was confirmed as one of the investors for the crowdfunding campaign, also adding that TokenPay is planning on adding more currencies besides from adding Verge to the Munich bank that is planned to be a part of a massive project started by TokenPay.

However, the Verge-TokenPay collaboration does not exclude collaboration between Litecoin and TokenPay.

In the further public conversation between the two representatives, Charlie Lee added that “he doesn’t care if Litecoin is 2nd”, thinking about the collaboration between Verge and TokenPay while indicating that LTC is more than ready to join this more than a promising project.

Derek Capo, as a reply, made an unofficial offer to Charlie Lee, stating that if he is interested in talking about real crypto debit cards, TokenPay is ready for collaboration as they will be buying off 9.9% of one of the German banks. At the end of his unofficial call for action directed to Charlie Lee, Derek Capo added that ”the battle of old world and a new world is just getting started!”, which means that TokenPay is planning on making a huge move towards leading cryptocurrencies towards mass adoption, which is definitely where Litecoin and Charlie Lee want to be.

How is Litecoin doing at the Current Moment?

At the beginning of April 26th, as per the atmosphere on the market, Litecoin was dropping for a bit over 5% against the dollar, while it was rising against BTC for a couple of percents since the market is massively going down again, which is the case for a couple of days now.

However, as of a couple of hours ago, Litecoin has seen a minor rise of 0.48% that soon rose to 0.82% against the dollar, which means that LTC is still trading in the green despite the atmosphere in the market.

LTC is also rising against Bitcoin by 1.98%, which means that Litecoin is currently doing better in the market when compared to BTC.

After the latest change in the market, Litecoin can be purchased at the price of 146.85$, which is still far from its all-time high of 366$ as marked in December of 2017.

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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 Marc van der Chijs via Flickr

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

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.

Mission Statement

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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

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 like Bitcoin and Dash, to help protect their assets and hard-earned…

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