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Dogecoin News: SALT Accepts DOGE As Collateral

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A known cryptocurrency loan provider, SALT, has recently announced that it will add Dogecoin (DOGE) on its list of cryptos that are accepted as collateral for fiat loans. The Dogecoin news came as a surprise to many since the coin is not among the highest-ranking altcoins by market cap.

Despite not ranking high on the list, DOGE does have high liquidity. Its daily trading volume often exceeds $11 million, which serves as a guarantee of the coin’s popularity. According to SALT announcement, DOGE will be one of several cryptocurrencies that can be used as collateral for GBP, JPY, and the USD.

Prior to the addition of DOGE, SALT also announced that it accepts Litecoin (LTC). Apart from adding new altcoins, SALT also stated that it plans to expand to several new countries, including the UK, Vietnam, Hong Kong, and New Zealand.

While this Dogecoin news is seen as a good development for the coin, its price has yet to react. At the time of writing, Dogecoin is still experiencing significant losses, with a price of $0.003875 after losing 8.09% in the last 24 hours. However, many believe that the “joke” cryptocurrency is still worth HODLing.

Partnering up with projects, companies, and services such as SALT has been a primary focus for every cryptocurrency. By connecting themselves to successful businesses, these altcoins are ensuring their long-term survival.

SALT’s announcement states that this move will allow them to easily access the wider crypto community. The statement also comments on their choice of Dogecoin, stating that DOGE has a long and rich history, as well as a strong and supportive community. Furthermore, DOGE offers high liquidity, since it is still actively traded. In the end, SALT claims that DOGE was an obvious choice.

SALT implements additional changes to their business

Apart from the Dogecoin news, SALT has brought several other changes recently. One of the most notable ones is the adjustment of their interest policies. Now, the company has a 5.99% interest for loans that include less than $75,000. However, for those higher than $25 million, the interest rate will be 11.99%.

However, equally as important is their decision to allow their users to help with decisionmaking regarding the way the company carries out its operations. This will mostly include the choice of additional altcoins that SALT will add to its platform in the future. This move will likely bring the most popular cryptos to the platform first, regardless of their position on ranking lists.

SALT stated that this will be done in order to learn what their community values most. At the moment, the community can either propose a new asset or vote for one of those that the company has proposed. These include Ethereum Classic, Monero, Ripple, Dash, Cardano, and Bitcoin Cash.

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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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Altcoins

Why BlocPal Is the Easiest Way to Accept Cryptocurrency

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The face of the retail industry is always changing.

E-commerce is one of the fastest growing trends worldwide, and for good reasons.

It’s convenient, secure, and is effective at connecting merchants with interested shoppers from across the world.

For this reason, it’s no surprise that online shipping is expected to overtake brick-and-mortar stores globally by 2021, making it the world’s largest medium for retail. As the industry changes, it’s important for retailers to keep up with the latest technology so they’re able to accommodate more customers at once. This is where BlocPal comes in.

BlocPal offers business owners an easier way to process payments

BlocPal understands that not every business owner adapts to technology at the same rate. As such, BlocPal has been designed to optimize transactions for both online and brick-and-mortar companies so that every retailer can enjoy the benefits that come with the world’s first true multi-currency payment solution.

With BlocPal, business owners can enjoy the following benefits:

    • The ability to process payments in fiat (USD and CAD) currency as well as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum. Expect more currencies to be added as BlocPal…
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Lite.IM Dethrones Facebook After Integrating Crypto Wallet With Popular Messaging Platforms

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With the crypto markets in turmoil, especially after news about a potential hack at Cryptopia, traders and investors need to turn their attention away from day trading.  Instead, crypto traders really need to think long-term and identify projects that are sure to win in the long-term.  In particular, one crypto company is making major headlines after winning an all-important technology battle against the mighty Facebook.  That company is Zulu Republic (ZTX).

Zulu Republic Develops Lite.IM

Zulu Republic is an ecosystem of blockchain tools and platforms, designed as a place where people, businesses, and organizations can thrive on their own terms.  And indeed, Zulu Republic has hit a grand slam with their development of Lite.IM.

Lite.IM is a crypto wallet that has been integrated with several of the most popular messaging platforms such as Facebook Messenger and Telegram.  In addition, users in the U.S. and Canada can also exchange and manage crypto balances through SMS.  Although not all cryptocurrencies are available, the team has selected four of the most popular currencies which include Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and the native currency of Zulu Republic (ZTX).

Telegram and Facebook Messenger are extremely popular platforms.  But, potentially even more exciting news, is that the Lite.IM team plan to announce WhatsApp integration in the next 1-2 weeks.  There is a reason why Facebook acquired WhatsApp in 2014, for…

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Will 2019 be the Year of TRON (TRX)?

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While even the best years cannot help sustain bad cryptocurrency projects, the good and strong ones can do much even when years are extremely bad for crypto. TRON (TRX) has proven this in 2018 by being one of the most active and most popular projects around.

Throughout the previous year, TRON has been making great progress, setting foundations for growth and expansion, which may eventually lead to its dominance over the crypto market. Now, 2019 has barely even started, and it already promises to be a year filled with potential and all kinds of different possibilities for this coin.

TRON in 2018

2018 has started with a market crash that has brought a lot of coins down from their all-time highs. This is true for TRON as well, and it did not manage to avoid being affected by bear market, no matter what its developers did. However, instead of trying to fight the market and its trends, they focused on expansion, development, partnerships, and future projects.

The first big step for TRON was the launch of its MainNet, with dozens of listings and partnerships being announced right before the final launch. After that, the coin transferred its tokens from Ethereum’s network, it had a Super Representative election, and it even managed to purchase BitTorrent, which was a part of a secret project back then.

The project was quickly…

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