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Here Is How The Litecoin (LTC) and TokenPay Partnership Will Be Key In A $0.20 Verge (XVG) - Global Coin Report
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Here Is How The Litecoin (LTC) and TokenPay Partnership Will Be Key In A $0.20 Verge (XVG)

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Verge
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The Verge (XVG) cryptocurrency and project have been bombarded with FUD due to the 3 hacks its blockchain platform experienced this year. As a matter of fact, XVG has more or less nosedived since April with is decline being accelerated by the current crypto bear market. XVG is currently valued at $0.021 at the moment of writing this. The current value is actually 14 times less than its peak value back in December of $0.29. This is a percentage decline of 93% in 6 months.

But the days of decline for Verge (XVG) might be a thing of the past with the recent announcement of the Litecoin (LTC) Foundation acquiring a 9.9% stake in Germany’s WEB Bank. This 9.9% stake is the same one TokenPay had acquired a while back and now it is in the hands of the Litecoin Foundation as part of a new partnership between the two blockchain projects.

TokenPay will benefit from Litecoin’s world-class technology and marketing expertise as well as the following blockchain initiatives:

  • TPAY Cryptocurrency
  • eFin Decentralized Exchange (DEX)
  • TokenSuisse Asset Management
  • WEG Bank FinTech Platform
  • Multisignature Transaction Engine

Verge (XVG) and TokenPay (TPAY) are known to have the closest partnership in the crypto verse. Therefore, this new development with the Litecoin Foundation will also benefit the Verge Project. The XVG coin and project will receive the much-needed boost through the coming merchant services and debit cards that will be provided through WEB Bank, the Litecoin Foundation, and TokenPay.

There is also the aspect of TokenPay’s decentralized exchange of eFin that will support both XVG and LTC base pairs further accelerating the adoption of both assets in crypto exchanges. This means more visibility and demand for XVG that could lead to the $0.20 value in December 2018.

In summary, the partnership between the Litecoin Foundation and TokenPay that has been boosted by the acquisition of WEB Bank by the Litecoin Foundation further brings Verge (XVG) into the picture. This means that now Litecoin, TokenPay, and Verge are tied at the hip as one big crypto family. A family that will lend a helping hand to each other for mutual success in the crypto and blockchain industries. Right now, Verge (XVG) needs this partnership to regain its past glory in the crypto-markets.

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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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Blogs

Top 3 Crypto Trends That Might Go Big in Q2 2019

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crypto trends
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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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