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Crypto

Bitfinex Cryptocurrency Exchange Has Just Listed Verge (XVG) And Stellar (XLM)

Bitfinex, the world’s biggest and best-known cryptocurrency exchange, recently reported the introduction of Verge (XVG) and Stellar (XLM) to its exchange platform. While the deposits in both new additions were accepted already, exchanges commenced today at 11:30 AM UTC.

From now on, XVG and XLM can be exchanged to the other major available cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), as well as to fiat money, which includes USD, EUR, JPY, and GBP, on the Bitfinex exchange.

Trade is now live for XLM and XVG. Both pairs can be traded against BTC, ETH, USD, EUR, GBP & JPY.

Bitfinex, on its official Twitter page

Bitfinex has been established in 2012 and has served as the largest Bitcoin exchange network since that time. This was created by taking into consideration the increasing demand for cryptocurrency services.

Verge (XVG) and Stellar (XLM) addition to Bitfinex cryptocurrency exchange brings them among the elite crypto coins of the market

Crypto coins such as Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and Monero are available for exchange on Bitfinex platform. Via a p2p platform, it provides leveraged trading.

The Bitfinex site states that “margin trading and P2P financing will be enabled gradually as the order book develops liquidity”. This type of trading allows a person to purchase more equity as one can either borrow funds or obtain a loan through a broker to trade the desired cryptocurrency or fiat money asset on Bitfinex.

Over the past day, before the announcement regarding Verge (XVG) and Stellar (XLM) listing on Bitfinex cryptocurrency exchange, the XLM value against the USD soared by about 3.7% to $0.44, while XVG gained about 23% reaching to $0.08. At the moment of this article, XLM is at the $0.43 level, decreasing slightly, while XVG trades at $0.079 increasing by 9.63% in the last 24 hours by slightly decreasing since the announcement has been made.

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Crypto News

Verge (XVG) Partners Up With A Porn Industry Giant, To The Disappointment Of The Community

Verge (XVG) has announced a few days back a mysterious partnership meant to boost the adoption of XVG cryptocurrencies. Many names have been rumored, including TokenPay, a payments processor. However, surprisingly, Verge (XVG)’s new partner is a renowned porn industry giant.

Many news sites jumped into releasing news articles stating that the new Verge (XVG) partner is Pornhub, the well-known porn streaming site with adult live chat, dating, and many more.

Did Verge (XVG) partnered with Pornhub? Despite that many think so, the answer is “Not quite”.

The real Verge (XVG) partner is MindGeek

Yes, MindGeek is the new XVG partner and the one which will adopt Verge (XVG) payments on its networks.

MindGeek is the company behind Pornhub, Brazzers, Babes.com, and a whole bunch of other porn sites or sites with porn-related content. Well, MindGeek is a giant in the porn industry and, from today on, it is adopting Verge cryptocurrency as one of its payment methods.

How will the Verge (XVG) partnership with MindGeek help the XVG?

Porn industry remains a billion of dollars industry and will keep its position forever, I guess. Thousands of dollars are spent on a daily basis on porn, from movies to live adult cams.

This partnership will definitely increase Verge (XVG) adoption and Verge network will record, most probably, tons of transactions. Not to mention that the intrinsically decentralized characteristic of cryptocurrencies will attract more and more fans of the porn industry who already seek for more privacy, in terms of transactions, at least.

The XVG’s future

Now, Verge (XVG) has dropped by about 24% after the announcement has been made because the Verge community was expecting a strong partnership within the blockchain market or at least in its close vicinity.

However, the coin recovered and is now, again, going green.

It is understandable why the community was disappointed and for this fact, the Verge team is partially guilty for keeping this deal completely under the radar.

In conclusion, the Verge (XVG) partners up with MindGeek, the giant porn industry company which owns Pornhub, Brazzers, and so on. But the XVG holders should be happy because, in the long-term, this deal might turn out to be very advantageous for the Verge (XVG) price.

 

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Crypto Finance News

Verge (XVG), NEO and VeChain (VEN) are Fighting Against the Crypto Market

The crypto market peaked at the beginning of the year. That period was an amazing one for all coins and they reached the highest prices. However, after that period, things became tough for the entire market.

However, among all those coins there are three of them that manage to stand out. NEO, Verge (XVG) and VeChain (VEN) are up even in these difficult times.

Verge (XVG)

Verge went up 6.03% in the past 24 hours and it is has reached the $0.068625 price. Experts believe that Verge is planning some big moves and we will hear more about this coin the future. Verge is the 20th largest cryptocurrency at the moment, and it is known for that fact that it is secure and anonymous.

Recently Verge managed to fork successfully, which could explain why the coin became more popular lately. It remains to see what the future holds for us.

NEO

NEO went up 7.52% in the past 24 hours and the current price for it is $51.36. One of the reasons why NEO price rose might be its European tours. There will be meetups and workshops in some of the most important European cities.

The tour will take place between April 14th and April 26th. This could have numerous benefits for NEO, as users will have a chance to learn more about the NEO community.

VeChain (VEN)

The current price for VeChain is $2.66, up with 5.33% in the past 24 hours. The lowest point for VeChain was $2.42, but it appears that the coin is finally on its way to recover itself. Another advantage for VeChain is the fact that it has been recently named one of the top 10 blockchain solution providers in 2018 by APAC CIOoutlook.

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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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