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Verge (XVG) GUI Miner Beta is Up and Running

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Verge
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With the latest rise in prices after a prolonged downtrend, Verge (XVG) has finally started to show some improvement gaining over 7% in the course of the last 24 hours.

After the talked-about semi-fiasco that came as a part of Verge/Brazzers/Pornhub love triangle, where XVG lost a great part of its popularity by not managing to prove to the community that MindGeek partnership that brought them to Pornhub in the first place, was actually worth 75 million XVG.

At last, a couple of days ago Verge currency shared a couple of announcements from their official Twitter account, announcing a potential deal for RSK integration as well as announcing the new GUI miner for mining XVG.

Verge Releases the Announced GUI Miner

Approximately a week after the original announcement that Verge is preparing to release a new friendly GUI miner that would improve the security as well as the efficiency of the mining process involving XVG, the new GUI miner was released to the public.

The official announcement that confirmed the final release of the miner beta version came on June 25th, not long after the user-friendly miner was announced.

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Verge seems to be literally on the verge of making something out of what they have since it seems to be turning out that Pornhub partnership wasn’t as welcomes into the community as expected. At least not welcomed at the price it came as a partner to Verge community.

So, this GUI miner might be just the right thing to provide the needed push to XVG.

The new miner was released for Windows operative system while the OS version is still to come out. GridcoreGFX was the main supporter as well as the developer of the newly released miner, also making a strong supporter of XVG.

Upon the release, there was already a crowd of XVG miners waiting to try out the latest miner for mining XVG, so you can see that the newly added thread on  Reddit as a support for this topic was pretty trending.

While some of the Redditors complained about not having the miner made open source, other Redditors complied stating that having this miner open source would make it vulnerable with attackers, explaining the reason why the new GUI miner was not made to be open source.

In the meanwhile, the reviewers of the newly released miner for XVG described the miner in their feedback as pretty smooth and easy to use in the domain of the interface, which was obviously designed with a purpose of being user-friendly while providing a smooth experience.

The new miner enables XVG miners to choose an algorithm of choice prior to starting a mining session, alongside with providing an ecosystem for miners that doesn’t require many setups, that way making it simple.

However, it is said that although the new GUI miner has as little setup as possible alongside with user-friendly interface, it still has flaws in terms of sometimes losing hash power as well as not providing thread options.

Balancing sides between occasional unavailability of mining serves and providing users with easy-to-use tools for mining the new XVG miner still makes up for a solid miners’ bay.

Verge has also had many issues with hack attacks, with the last one taking place not that long ago while taking away 35 million XVG units, which probably shook the trust of investors they have had placed in Verge currency.

By creating a more secure environment for miners, XVG might get a solid chance of increasing the level of security, that way preventing attacks in the future.

Verge (XVG) Performance

The market showed a strong sign of recovery on June 25th, when the majority of currencies started to go up with Verge taking over 6% against the dollar. The date also marked the official release of the XVG new GUI miner, introducing XVG to another benevolent day in the market.

More than 90% of the currencies are going up today as well, however in a more modest manner while barely going over 1% against the dollar.

In the last 24 hours, XVG went up by 1.97% while being traded at the price of 0.023$.

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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.

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Altcoins

DGB Price Prediction For 2018 and Beyond

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DGB price prediction
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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Altcoins

Why ZCash (ZEC) Is Heading to $10k

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ZCash
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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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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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