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Verge (XVG): Price Range and Plans for 2018

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Verge
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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

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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