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Verge (XVG): Price Range and Plans for 2018

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Although Verge is constantly spinning around the value of usually around 0.06$ per one unit, the developers behind Verge have no concerns about this. That is the case because they are preparing a load of changes that should be applied in the form of features, enabling Verge to come near its fullest potential.

Even though Verge is considered to be one of the most private currencies on the market, the developers aren’t letting the further development of this currency to a sheer case of fortune. There are several announced releases of exciting features during 2018 that could potentially launch this currency to the moon.

The Announced Novelties for Verge

Verge developers decided to show that the potential of their maximal privacy and fast transactions can be even greater than it is at the current moment. So, they have announced the release of several new improvements that should take action during the following year of 2018.

One of such features is called TOR Android wallet. This feature should allow access to fast transactions around the globe, making Verge available to masses and mass usage. This feature should allow anyone who owns an android operative system to easily receive and send payments in the form of XVG in only click away and on-the-fly. This wallet should have I2P protocol and as such should allow completely anonymous transactions with zero interference from third parties.

This feature could easily raise the price of XVG as it represents a neat and easy way to receive and send payments instantly with the usage of the Android system, while transactions would be still operated through Verge blockchain ecosystem.

In case you didn’t know, Verge is also one of the easiest coins to be mined on the market because these coins can be mined with any processor. That way, not only does Verge lower the competitiveness rate, but it also enables cost-effective mining of XVG.

To further improve the experience of mining these coins, Verge developers are planning on releasing a guide to mining XVG somewhere around the last quarter of 2018. This feature should allow more and more people to get involved with mining this coin that way being able to earn some money through mining. This feature could also easily raise the value of XVG’s price per one unit in the long run.

Another one of novelties that could easily and most definitely affect the price of Verge is the implementation of RSK smart contracts.

You are probably already familiar with what smart contracts are if you have been following up with Ethereum and similar platforms that use smart contracts, like Neo. The development team behind Verge is already testing smart contracts that should be introduced to the Verge community. This is a huge deal because this implementation should allow easy distribution of Dapps, blockchain-based applications, allowing all creators to monetize their skills through developing different types of applications within Verge ecosystem.

All applications made through smart contracts would be hosted within Verge platforms, that way creating even larger and more advanced decentralized community. With the implementation of smart contracts, it isn’t hard to conclude that XVG price could easily jump. This feature is already being tested, so developers behind XVG already have high hopes for 2018.

How is Verge doing at the current moment?                             

Remember when John McAfee tweeted about Verge? Afterwards, Verge managed to reach a raise of 800% in the shortest period when compared to other currencies during the time of bounce off. Although many people have speculated that John McAfee tweeted for personal gain, which is still not excluded, we can’t deny the technical capabilities of Verge.

One XVG is now worth 0.077$ per one unit, which is not that bad at all when compared to the fact that Verge was constantly spinning around a price range of 0.05$ to 0.06$ per one coin.

Still being traded at a fairly low price, you can easily make bulk investments in case you believe in the effectiveness of the announced changes, which are predicted to bring positive changes to Verge and additionally raise the price of this coin in the long run.

We will be updating our subscribers as soon as we know more. For the latest updates on XVG, sign up below!

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.

Image courtesy of coinmarketcap.com

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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