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TrafficJunky Accepts Verge (XVG) because of Pornhub

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One of the biggest online advertising networks, TrafficJunky announced that they will, starting Monday, May 7, accept Verge (XVG) as a payment option.

TrafficJunky is a very large advertising network that claims to serve over 4 billion impressions per day. Only a few weeks after Pornhub decided to accept Verge as a payment option, this network announced that they will do the same. This will be yet another large partnership that Verge managed to enter in a very short period of time.

Pornhub’s decision inspired others

Verge did not reveal their partnership with Pornhub until around 75 million XVG tokens were raised in a crowdfunding campaign. The campaign was preceded by the hack of Verge, and succeeded by a rise in a market value. These events happened in a very short period, and as a result, there were many different views on the credibility of Verge. Following the hack, many believed that it was not properly secured, and some even went as far as to call it a scam.

TrafficJunky’s statement, however, disclosed that the advertisers will be capable of funding their own accounts through Verge (XVG). This will allow them to enter TrafficJunky’s network, which is currently serving more than 4 billion impressions on a daily basis.

Product and Operations Manager for TrafficJunky, Rabih Boulmona, stated that it was only a matter of time when the ad firm will follow in Pornhub’s footsteps. He added that TrafficJunky’s team is excited by the fact that they will be able to provide another safe and convenient payment method that their users can benefit from.

Not everyone was thrilled by Verge’s partnerships

There was a lot of skepticism regarding the partnership between Verge and Pornhub. Some believed that there was no need for something like this and that it might actually damage the crypto market.

Despite this, Verge’s value went up almost immediately after the partnership was announced. Even so, Verge still has a tough time when it comes to regaining confidence and proving its safety and credibility. Its price has seen many ups and downs since, and even in the last 24 hours, it managed to drop down again, after a 10% increase that it has seen during the last week.

Verge halving is coming

Verge has announced recently that it will soon go through the block reward halving. According to them, crypto is planning on halving at block 2,124,000.

Some analysts believe that this act will make the quantity of newly-earned XCG reduced to a half of the amount that is currently circulating. Possible consequences of this may include the increase in Verge’s price, with a real possibility that they might skyrocket in the following days.

According to Verge itself, this move is a part of their transparent and very predictable monetary policy.

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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

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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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?

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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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