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Mystery Revealed: Verge (XVG) Just Partnered up with Pornhub

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Verge
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Verge had us all hyped about acquiring a brand new partnership that will in every possible way manage to sky-rocket XVG towards the primary objective of their team, which is to obtain a mass adoption of cryptocurrencies while enabling their users to share their data with utmost security. To be able to do so, XVG team claims that they needed to partner up with none other than Pornhub! Let’s see how this partnership came to the realization as well as list all the perks that Pornhub users and XVG enthusiast will be able to take advantage of thanks to this partnership.

Verge Partnering up with Pornhub

Although the majority of Verge followers thought that XVG would be partnering up with TokenPay, with listing more potential partners as the guessing of mystery partnership was on the loose, it is less than likely than anyone expected to see Pornhub interested in partnering up with XVG as one of many digital assets available on the market.

However, this partnership is pretty logical if you think about it, given the fact that Pornhub and their users value privacy on top of everything else. Furthermore, after the mystery partnership was finally revealed today, Pornhub representatives stated in the official press release that they have been planning on meeting the requirements of their faithful users, leading their business to the next level. That is how they decided to partner up with XVG – they wanted to provide their users with the opportunity to be able to pay for Pornhub services by using a digital asset that would automatically give all users with the privacy they need.

Pornhub is considered to be among top websites for adult entertainment, which is obviously a business that never gets old. However, since Pornhub wants to stay on the top, they decided to start implementing some novelties into their business. They have also mentioned that they have a reward program for their faithful users as well as that they have recently added the option of VR adult entertainment. Now, when Verge is also in the game, both XVG and Pornhub are looking forward to a bright future that surely waits in the following months.

To be able to enter this partnership, XVG had to collect 75 million XVG units, which were provided by investors and coin holders and received in only five days since the original tweet where the team is asking for donations to reveal a mystery partnership. Given the fact that the goal was reached, and pretty soon as well, XVG has then announced the revelation of the mystery partnership that would occur on today’s date, April 17th.

That is when the countdown started with hype affecting XVG units in a very positive way as significant rises were spotted in the market, helping XVG to bounce off after this digital asset has seen some sick days during the market crash.

Pornhub is said to have one of the biggest, and maybe the biggest processors for operating payments, altogether making this fact one of the main reasons for having the XVG team pursuing this partnership. Moreover, Pornhub is due to promote XVG and Verge, along with supporting their technology in an “aggressive” marketing campaign that should be launched any time soon now that the mystery partnership has been revealed.

The team behind XVG is thanking all their supporters for making them closer to their goal as well as for the trust they have put into XVG and their core team, stating that this critical partnership wouldn’t be possible without the support of XVG holders and investors.

Given the fact that the adult entertainment industry is one of the heaviest industries when it comes to market capitalization, we can easily see Verge progressing towards completing the main objective of the team behind XVG as well as going up in the market price in the time to come as visibility and value of this digital asset has just been significantly increased.

How is Verge doing at the Current Moment?

Verge has shown some fantastic improvements as the hype behind the mystery partnership was being pumped up as the date of the announcement was slowly but steadily approaching.

Just before the announcement of the mystery partnership, Verge was trading in the green against the dollar going up for over 17% against the dollar, while also rising against BTC for nearly 16%. This benevolent change made Verge trade at the price of around 0.096$ per one XVG unit, making it closer to its all-time high of 0.15$ per one XVG that was marked back in December of 2017.

However, after the revelation of the mystery partnership, Verge seems to be going down in the market, although it was thought that this long-awaited announcement would further increase the value of XVG in the market, which is still pretty probable in the long run.

After the latest change in the market, which occurred just a couple of hours after the unveiling, Verge started to trade in the red with the most recent drop of -4.33% per one XVG unit, which makes us all wonder if investors and holders who participated in the crowdfunding are disappointed in having Verge partnering up with Pornhub.

Whatever the cause for this recent drop, it is yet to be seen how this important and newly acquired partnership will affect XVG in its further ventures.

At the current moment, XVG can be bought at the price of 0.078$ per one XVG after the latest drop of over 4%.

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

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 Alf Igel via Flickr

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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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…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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