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Pornhub Expands Crypto List to Welcome TRON (TRX) and ZenCash (ZEN) - Global Coin Report
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Pornhub Expands Crypto List to Welcome TRON (TRX) and ZenCash (ZEN)

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Pornhub
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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.

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

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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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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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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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