Category: Finance

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Crypto Finance News

Payment Processor ReddPay.Me Allows you to Transfer Cryptocurrency Instantly

The ReddCoin team is known for RDD, a coin that managed to grow at the end of 2017. However, the prices for ReddCoin are slowly going down, which should not surprise us since the entire crypto market is going through some hard times.

However, users have a new reason to focus on ReddCoin because the team behind it just launched ReddPay.Me. This system might boost ReddCoin, as it makes it incredibly easy for users to transfer cryptocurrency.

A fast and safe payment processor

ReddPay.Me does not require any registration and you will be able to transfer crypto very quickly. Start by accessing the ReddPay.Me website and then click the Send Money option. There you will be able to decide the amount of currency that you want to transfer. Select the sum that you want to send.

After that, choose the person you want to transfer the crypto to, but going to the “To Whom” part. Fill in all the required information, including the name and the email address. Make sure that these details are correct, and then finish the transaction.

The recipient will receive an email that will contain a notification and a public. That person can the import the key to the Reddcoin Core Wallet, and the money will come right after.

Other tools

While ReddPay.Me is one of the simplest ways of transferring ReddCoin. You should know that there are other ways to do that as well. One of the advantages of Reddcoin is the fact that it allows you to use many social networks.

For example, you can transfer ReddCoin with Telegram. There is the @ReddCoin_bot that allows you to transfer funds easily. You can also do that on Reddit, and it is easy to transfer money between two Reddit accounts.

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Crypto Finance News

Verge (XVG) is About to Announce its Partner

If you watched Verge carefully, you probably already know that the coin has an impressive rise. On Tuesday the price for Verge (XVG) went up by 66%, which is definitely a significant growth. If we take a look at the rumours that are currently flying around, it is not hard to realise that Verge is planning some big moves.

The first intriguing thing that happened was a short video that was posted by Sunerok, one of the Verge developers on Youtube. There, Sunerok joked around, saying that he will leave with all the invested money.  “I packed my bags and am moving to my own little island with the funds you all donated.” However, that joke was followed by important information, and the developer mentioned a Verge partner.

The name will be released on April 17

Sunerok also added that we will all going to find out who the developer is in more than a week. “We are going to announce the name of the partner on April 16 along with a global marketing campaign of the likes you have never seen before. It’s going to change crypto in a really good way,” he said. The date has been to April 17, but we still don’t have any clues related to the partner.

The mystery surrounding the partner is definitely one of the reasons for the rise of Verge. However, the developers have to learn how to use this hype and deliver what the investors want.  “Announcements are great for buzz. The Verge coin will only be worth something in the long run if their cryptographic system holds up. Any announcement today must be measured by the delivery of privacy promises over the years to come. Track record is important. XVG is just one of many coins promising to deliver on these issues,” says Nolan Bauerle, head of research at CoinDesk.

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Crypto Finance News

Could Cardano (ADA) Take Over the Cryptocurrency Market?

The crypto market is characterized by one important thing: uncertainty. It is hard to predict how the market will evolve and you can only make a few guesses based on certain facts. Right now, we are in a moment where things are shifting. Bitcoin, the original crypto coin isn’t considered the best one anymore, and investors are starting to focus on other alternatives. Cardano (ADA) is one of them.

Cardano is one of the most popular choices nowadays, as most investors believe that it is very profitable. One of the best things about Cardano and other similar altcoins is the fact that they come as an alternative for more complicated crypto coins such as Ethereum.

Faster transactions and security

Cardano is more careful to certain aspects such as the security attributes compares to other coins. Cardano appeared back in $160, and the man behind it is Charles Hoskinson. It is worth noting that Hoskinson is also leading Ethereum and BitShares, so he comes with plenty of experience.

Cardano is known for its high scalability, as well as fast transactions. It is not often that we see decentralized blockchains that also manage to come with high security. Recently, Cardano also brought the Haskell technology, which is known for its no-nonsense algorithms.

Keep an eye on Cardano

Many experts are watching Cardano and it is believed that it will evolve greatly in the future. At the moment Cardano is trading for under $1, which means that it is simple to invest in it at this point, as there is a big chance that it will grow in the future.

Cardano is one of the most secure alternatives out there, and there is no doubt that it will attract investors when the crypto market makes a comeback.

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Crypto Finance News

Ripple’s (XRP) Chart has Still Not Found its Way Up – It Seems That It Gets Even Lower

Ripple’s concise rally from its end of the week low, which situated itself at $0.45 investigates in the short-term period with the coin attempting to push higher in a feeble digital money market. The general crypto market capitalization, at present, stands at $267 billion, strongly brought down from the $830 billion high, as observed on the 7th of January this year.

What did Ripple decide to do?

For those of you who are interested, if you took a gander at the graphs, you could observe that Ripple did two brief endeavors and also neglected to break to the $0.57 protection level produced using the 6th of February low, and now looks prone to do another endeavor at the December 22 to spike low at $0.42. In the event that this level is broken, convincingly the following level of help stays around $0.20 when it comes to the beginning of the December 7 – January 4 rally. On the other hand, $0.57 is trailed by resistance at $0.72 and the base of the yellow trading range is trailed by resistance at $0.84.

Is Ripple’s price really going to go even lower than that?

With little obstacles in the path to the uplifting news in the market, and with all the relief that generally energizes being sold into, the value of Ripple is probably going to become lower once more. Why? The problematic marker is nearing overbought region while the IG customer estimation pointer demonstrates that traders are long XRP, a stressing set-up in a market that keeps on falling forcefully over and over again.

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Finance News

Bitcoin is Unexpected and that Did Not Discouraged Merchants

What’s the fate of Bitcoin?

As the cost of Bitcoin goes rapidly to the sum of $8,000, questions stay over the eventual fate of Bitcoin. Late control brace downs, overwhelming value decreases and government announcements that bitcoins ought to be dealt with as a product as opposed to a currency, if not burst the rise, in any event, pricked it a bit.

Japan, which is thought to be the profound home of Bitcoin, through its Financial Services Agency (FSA), has apparently been getting ready to tell Binance, the world’s biggest digital currency trade with over $1.8 billion worth of cryptographic money traded every day, to stop operations in Japan, until the point that the vital regulatory rubber stamp has been given.

Bitcoin to become the single currency on the web?

While the current sharp decreases made some genuine inquiries about Bitcoin and different digital forms of money, what’s to come isn’t as prophetically calamitous as some have imagined being. Prior this week, Twitter’s founder Jack Dorsey revealed to The Times that the world, at last, will have a single currency and that the web will have a single currency. He then said that it truly believes it’ll be Bitcoin.

What’s more, Jack, who is somewhat of a bitcoin evangelist himself, has a justifiable reason to see a positive future for Bitcoin. In these recent times, merchant adoption has been consistently expanding for the Bitcoin Cash (BCH) biological community, empowering adoption with loadable Visa platinum cards.

There has been significant merchant development in Europe, North America, Asia and South America, with volume expanding for Bitpay at 328% year after year, from 2016. BitPay’s merchants alone are in receipt of over $110M in Bitcoin payments each and every month.

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