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Pornhub Expands Crypto List to Welcome TRON (TRX) and ZenCash (ZEN)

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Pornhub, the 14th biggest website in the US, and 30th biggest website in the world has decided to expand its list of cryptos that can be used as a payment option. In addition to opening up to Verge earlier this year, one of the biggest Porn sites on the internet will now also accept TRON (TRX) and ZenCash (ZEN).

Pornhub adds two new cryptos as payment options

Pornhub is among the biggest websites on the Internet right now, with over 90 million users per day. This huge user base has recently got an option to pay for the site’s services via cryptocurrencies, after Pornhub entered a partnership with Verge back in April 2018.

Now, the company is looking to add more cryptos as payment options, and one of their choices includes TRON (TRX) and ZenCash (ZEN). TRON has experienced a lot of changes lately, with its founder, Justin Sun, continuing on the path that will lead this crypto to greatness. Thanks to Sun’s efforts, TRON has recently launched its MainNet, completed the token migration from Ethereum’s network to its own, and has even had the time to celebrate its Independence Day.

However, Sun’s ambition goes far beyond only that, and the founder of TRON simply doesn’t allow himself a moment of peace. Instead, he purchased BitTorrent for $118 million only days ago and has now managed to establish a partnership with Pornhub as well.

With the new partnership, TRON’s community, which is already extremely big, is only expected to increase even more.

Pornhub’s decision to add new cryptos comes as small surprise, considering that it already added its first one only a few months ago. The company has been known not to shy away from the new tech, and the acceptance of the three cryptos will make it active in the crypto market.

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When it comes to Verge, it is a crypto dedicated to anonymity and untraceable transactions. TRON is a digital currency with focus on entertainment. And then, there is ZenCash, which also has a strong focus on online privacy and anonymous transactions that cannot be tracked.

Cryptos are popular and privacy-focused

Pornhub’s VP, Corey Price, stated that the decision was made partially due to the increase in popularity when it comes to decentralized payment systems. Due to their nature, cryptos match the needs of adult entertainment perfectly, since they provide privacy and anonymity to their users.

The decision to go for TRX and ZEN might have taken some crypto enthusiasts by surprise, considering that both of them are relatively new to the crypto world. Still, both are definitely rising coins, with TRX being at $0.0388 and a daily trading volume of more than $100 million. ZEN, on the other hand, is priced at $16.22. Its market cap is at $67 million, which is significantly less than TRON’s $2.5 billion, but both coins have their own strengths and advantages.

In the end, both are strong cryptos, that will only get stronger thanks to moves like this. If nothing else, they will definitely gain more exposure, and possibly even more users. In the meanwhile, the crypto-conquering continues with each new partnership like this, and the digital coins are entering more and more businesses with each passing day.

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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.

Image courtesy of Thomas Hawk via Flickr

Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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Altcoins

Litecoin Cash (LCC): The potential mover?

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Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.

Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.

While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.

For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.

Charlie Lee, the founder of Litecoin, has come out against LiteCoin Cash, calling it a scam. Many cryptocurrency influencers have come out against Litecoin cash, although there are still others that believe that this is only because the project threatens them.

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Altcoins

The Stage is Set for Stellar XLM vs XRP

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XLM vs XRP
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The digital asset of XRP, did something spectacular on the 18th of September when it shocked the crypto-markets by rising in value by 21%. In a time period that was less than 5 hours, XRP spiked from levels of $0.273 to those of $0.332 and has continued rising. The digital asset is currently valued at $0.36.

xRapid Factor

The reason for the sharp increment in value of XRP was news that the Ripple company was going to launch xRapid in the next month or so. This was after the firm’s head of Regulatory relations for Asia-Pacific and the Middle East, Sagar Sarabhai, made the following comments during a CNBC interview on the 17th of September:

“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production.”

Stellar’s Cross-Border Payments

The news of Ripple launching xRapid has come 2 weeks after the Stellar project and IBM, announced that they were entering the industry of cross-border payments through their new service known as IBM Blockchain World-Wire. The new payment settlement service has been quoted as being ‘near instant’ meaning that it will probably rival the transactions time seen in the xRapid pilot tests of 2 – 3 minutes earlier on in the year.

Stellar Acquiring Chain

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