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

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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

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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