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Binance TRX/USDT trading pair means gold to Tron TRX - Global Coin Report
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Binance TRX/USDT trading pair means gold to Tron TRX

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Tron TRX Binance
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The independence of Tron (TRX) has been one of the most awaited events in the crypto sector, but as the day comes closer, there are more and more holders that are not feeling that positive about the token. In the recent days, Tron (TRX) has been in a notable dip, trading in red for the most part and showing significant bearish moves that left the community a little confused.

After the launch of the Main Net, each one of the TRX holders were expecting an incredible boost in the token as it was very much predicted. However, this has not been the case for the current number 10th coin of the market which has been fluctuating but not in a positive way.

So what’s exactly going on? Is it just Tron (TRX) or the market as a whole?  What’s exactly the coming future of the coin? Is there any good news related to the crypto? The answers to all of these questions are answered below. Let’s see how it goes!

The positive thing in the current TRX panorama

In general terms, the market of cryptocurrencies has been suffering an outstanding dip, and this is a fact each crypto of the sector has been showing on its numbers. Tron (TRX) is not the exception, in fact, it is one of the coins that have been more affected by the dip of the market, showing an 8.39% decrease in just last 24 hours and currently trading at a price of $0.0436 according to Coinmarketcap.

However, despite the red numbers, Tron is actually one of the most active coins in the sector. It all appears, that as the CEO himself, Justin Sun, says, the company “Never sleeps,” and this is something that has been specifically notable even during the last few days as Tron has managed to engage in several partnerships and listings across the globe.

Besides that, the token has a history itself of being not in the best terms and out of nowhere just get back on track performing in green again, which is definitely a possibility after the many news related to the coin with the coming independence and its well-deployed strategic alliances.

The most recent advancement – Binance will support TRX on its independence

Justin Sun has started a countdown on its Twitter account for the moment of the long-awaited independence of the TRX token. In fact, today he published a tweet in which he writes:

In the same line of announcements, just a couple of days ago, Tron founder as well reported important news for the token swap of the company. He said:

Concerning the Binance endorsement, it was known that the popular exchange platform would be in charge of completing the token swap for TRX users that want to deposit ERC-20 TRX tokens into the platform as the MainNet, Odyssey 2.0, goes live.

In addition, a new trading pair was added to the net (TRX/USDT), a fact that will inject the token with a boost of liquidity. You should avoid panicking over the current market stats of Tron TRX, be a horse of long-race. Think long-term.

If you go and ask any seasoned investor out there, he will attest that current position of any stock or company isn’t what determines whether it’s a good bet or not. The skillset and passion of management and service or product being offered are the key factors one needs to take into account.

And, in case of Tron, both stand true; Justin Sun alone has a massive following, and he’s serious about making all his project’s believers succeed (the Tron Beijing office team alone has reached 108 members, that’s impressive and yet another reason to believe he’s rushing towards the Tron goals), and Tron blockchain is a real-world solution as it aims to revolutionalized the content industry. Now, this Binance support for Tron clearly hints towards the fact that the giant crypto exchange believes in Tron a great deal too, this is nothing less than the gold for TRX. Wait and see it going through the roof soon.

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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 Pxhere.com

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Top 3 Crypto Trends That Might Go Big in Q2 2019

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crypto trends
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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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