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Verge (XVG) Spikes Again, but Decides to Go Against the Trend

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Verge
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The crypto markets went red yet again, and Verge (XVG) experienced another spike.

The Q1 of 2018 saw many changes in the crypto world. A lot of cryptos gained an unimaginable popularity, but it seems that not that many of them reached the same heights as Verge (XVG). The prominence of this coin has helped a lot, and despite the fact that the market saw some troubles in April, XVG still managed to grow.

The rise of Verge

Asian trading saw an increase in XVG for up to 11%, which made it reach around $0.075. The last day brought quite a big pickup when it comes to its volumes, considering that verge started the previous month with its value being at $0.04.

Another interesting thing is definitely the price when it comes to Bitcoin denomination, which went close to 1,000 Satoshi. XVG managed to stay as one of Binance’s biggest trading assets, with its rank being among the top 5. EOS and TRON did experience quite a boom as well, which helped them get ahead of XVG, though.

Verge is currently trying to stabilize its position and make it credible and solid. The next biggest event that might bring some changes here is an Amsterdam-based meetup. This is also the city that is showing a lot of potential and crypto-friendliness.

As for the Verge project, it has experienced setbacks as well. Some of them are discounted, some are even completely forgotten. However, there are also a few that are seen as reasons to doubt the project. XVG’s hype and volatility, for example, are seen as a very off-putting feature of this currency. Despite the fact that this is something that more experienced traders can benefit from, newcomers might be seriously damaged by it. The large difference in volumes is also something that is not desirable.

So, what is happening with Verge?

There are many who think that the activity of Verge is largely exaggerated. Things like concerted pumps or even the use of bots for such matters are not unheard of these days. This is especially convincing when periods of extreme activity are followed by entire weeks of nothing regarding the organic growth.

However, there are other analysts who believe that Verge is one step away from another breakout. They think that this is something that can be expected to follow after the recent price growth.

For now, XVG is planning to launch a new debit card which will allow the asset to be spent. This is also expected to bring some positive developments to the currency, which currently remains somewhat subdued. The price is mostly down due to the lack of buying. Since the volumes regarding both, selling and buying, the price seems to be stable, which discourages users from buying more.

When it comes to digital assets, Verge is one with a pretty low price, which can be attractive for those who believe that a massive increase will come. So far, it has shown the ability to go up to $0.26, which happened in December, but since then, it crashed like all the other cryptos, with its price finally stabilizing at the current value of $0.07.

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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 Amir Kbah via Flickr

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore
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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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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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