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Is TokenPay Partnering with Verge (XVG) a Real Deal?
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Is TokenPay Partnering with Verge (XVG) a Real Deal?

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Verge
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The entire hype on this matter started off with the first crowdfunding hosted by Verge (XVG). As a reason for their request, the team stated via Twitter that they need the mentioned amount in order to acquire a very important partnership. It seems that the hype they have implemented into the public has done an amazing job for the team as they have managed to collect the needed amount in no time. Now, we are waiting for Verge to reveal the mystery partnership that cost investors a “puny” 75 million XVG.

Is Verge Partnering up with TokenPay a real deal?

Ever since the XVG team announced that they are starting with a very important crowdfunding that should sky-rocket XVG and help them acquire a crucial partnership, crypto enthusiasts have been off their seats due to a hype that followed the initial tweets.

The “reward” for all investors and holders who helped in collecting 75 million XVG even before the end of the campaign is said to be the revelation of the mystery partnership that the Verge team mentioned in their campaign via Twitter, which seems to be one of the most popular social networks for crypto enthusiasts.

From then on, we have all been waiting to find out the figure behind the mystery-wrapped partnership, so many people started to guess who the mystery partner could be. As the guessing was on the loose, Verge was still receiving funds within their crowdfunding campaign as investors kept on pushing XVG even though the goal of 75 million was reached.

Finally, as the campaign ended, the anticipation increased so it became a general opinion that TokenPay stands behind the mystery partnership.

If you were among the crowd of crypto enthusiasts to believe that TokenPay is hiding behind the veil of mystery set by XVG, you were wrong.

It is confirmed that TokenPay is definitely not behind the mystery partnership and the confirmation became official once Derek Capo, the CEO of TokenPay tweeted back on this matter.

He turned the allegations down by stating that TokenPay is in no way the mysterious partner that XVG is planning on revealing, but he further added that TokenPay is planning on pairing up with XVG as the TokenPay team is working on several projects that should most definitely include XVG into the story.

Capo added at the end of his official announcement that crypto communities should definitely stick together in order to be able to push cryptocurrencies and blockchain-based technology while making these assets applicable in various “real life” purposes.

Verge and the Unveiling of the Mystery Partnership

With the announcement of the crowdfunding campaign that is said to be aiding in the further development of Verge and its features, it was also announced that the 75 million XVG will unlock a mystery partnership.

It was further announced via Twitter that the partnership that was acquired thanks to the dedication of holders and investors, will be revealed on April 17th.

As the mentioned day is getting closer with each day, now being only 3 days away, the anticipation is rising. Since it was already determined that TokenPay is not in any way the mysterious partner everyone is talking about, we are only left to wait for April 17th in order to find out who is behind a 75 million XVG worth partnership.

One is for certain; the crowdfunding campaign was announced in the right time as XVG was pushed up in the market, gaining on its value and trending up in the world of most popular and most wanted cryptos.

Further, as the anticipation is rising, XVG keeps rising in accordance with the hype hovering around this mystery.

How is Verge doing at the Current Moment?

It seems that XVG is doing more than well in the market, as it is successfully being traded in the green for quite some time now. We can probably give credit to the crowdfunding campaign for having the value of Verge pushed up in the market.

After the latest change in the market, Verge has gone up to 0.15% in the last 24 hours, which is just another one of many rises this currency has acquired over the last week.

With the recent change in its price, Verge is still trading up against the dollar, while trading in the green. XVG is also trading up against BTC, going up for nearly 2% which means that Verge is growing at a more prompt pace of growth in oppose to the first currency on the global coin ranking list.

Verge can now be purchased at the price of 0.094$ per one XVG unit, while it is slowly but steadily going towards its all-time of 0.23$ per one unit, which was recorded back in December of 2017.

We will be updating our subscribers as soon as we know more. For the latest on XVG, sign up for our free newsletter!

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 Charles via Flickr

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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Bitcoin
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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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Crypto Market is Not Free from the Bearish Trend Yet

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bearish
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Investors and traders are still speculating over the bullish trend that shook the market this past seven days. However, amidst the joy of the price hike in the industry, some people are still cautious. A crypto trader with the twitter handle of BTC_Macro is advising other players in his tweet to be careful. According to him, the bearish cryptocurrency market is not over yet.

In the tweet, the user admonished players in the market not to listen to the people saying that the bears have given up. It went further to say that Bitcoin may still plunge uncontrollably anytime even if it breaks the $6K mark. When this occurs the twitter user continues, any scenario may occur. The advice is that players in the crypto market should be on the neutral side. According to the user, it is not safe to be on the bullish side or the bearish side. Instead, players should be on their toes without bias.

How Trader reacts to price movements

Over time, it has become evident that many traders usually go against the market majority during bearish or bullish trends. Well, there is usually some logic backing up the reactions.

It is true that we have seen the longest bearish trend in the history of cryptocurrencies. Everybody who has a stake in the crypto market is expecting the day of the bull’s rise…

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Altcoins

The Interoperability Problem of Blockchain May Soon Be Over

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Kardiachain
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Crypto traders have certainly had a rough time since early 2018. The markets have tanked resulting in large losses for nearly everyone involved in the market. While that’s bad, what’s even worse is the fact that many projects have failed to deliver on their roadmap. Blockchain technology has been hailed as the next great advance in technology. And while many companies are making strides toward fully implementing blockchain-based technology, there is still a long way to go. As promising as blockchain technology is, there are still limitations that need to be addressed.

Limitations of Blockchain Networks

Although blockchain technology is certainly the future, the existing technology will need to be improved before it can go mainstream.  A few of the current limitations include:

  • Limited Scalability – Blockchain networks have consensus mechanisms that require each node to verify a transaction. This verification requirement slows down the network and limits the total number of transactions that can be processed.
  • Limited Usage – Each blockchain network was created with specific usage in mind. Because of the limited number of use-cases, each network eventually suffers from a never-ending loop of limited adoption. In the end, this causes low awareness.
  • Lack of Interoperability – At present, individual blockchain ecosystems are unable to communicate with each other. If a blockchain network attempts to retrieve information from an external (outside the “chain”) source, each node would have to…
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