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Bitcoin Superstore Chooses TRON TRX as its New Addition

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TRON TRX
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TRON TRX continues to make new victories, with the latest one being a huge step towards mainstream usage. The new development has seen TRON become a new addition to the Bitcoin Superstore, and it was entirely community-inspired.

TRON (TRX) now on Bitcoin Superstore

TRON TRX is a cryptocurrency that needs no introduction. While the coin has dropped on the CoinMarketCap’s list once more, and it currently holds the 14th place, it is still one of the most popular cryptos today. Now, its popularity is bound to grow even more, after the coin got chosen to join the Bitcoin Superstore, and become a new legitimate payment method for over 200,000 stores.

A lot of effort went into making cryptos usable in the real world lately, which is a big indication that digital currencies are finally ready to be used, and not just trade. This is one of the reasons behind Bitcoin Superstore’s sole existence. Over time, the store entered partnerships with more than 200,000 stores around the world, and all cryptos that Bitcoin Superstore supports can now be used for making purchases in all of these stores at any time.

The Superstore is still open to new coins, which is why they asked their users which crypto should be adopted next. This has led to a huge amount of support for TRON (TRX), and the Superstore delivered. Now, TRON has joined the likes of BTC, BCH, ETH, XRP, and LTC.

What does this mean for TRON?

As a part of the Bitcoin Superstore, TRON TRX has received a huge new use case. So far, its goal was to transform and revolutionize the entertainment industry. While it put a lot of effort into this goal, it still only made small steps, despite the fact that it entered a lot of partnerships.

Now, however, TRON TRX will become an accepted method of payment that will allow the purchase of goods in over 200,000 individual stores. This will even include Amazon, and all that the user needs to do is to log onto the Superstore and paste the URL of the desired item into the appropriate box. Then, they should enter the shipping details, and choose the crypto they wish to pay with. The rest is taken care of by the Superstore itself.

According to the Superstore’s announcement, the customers of the service can order goods from Google Express, Amazon, and even an online version of Walmart. Any retailer that has an online presence, and doesn’t charge membership fees will likely be available on Bitcoin Superstore, and the service’s team will make sure that all transactions and deliveries go smoothly. Of course, the service itself will charge a small fee, at around 2%.

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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.

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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

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Bitcoin

The Bitcoin Revolution: Everything You Need To Know To Take Profits

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Bitcoin
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Bitcoin is soaring high in the cryptomarket once again, and experts are expecting a return of the bullish trend of 2017. The current Bitcoin price is $7,615 as of 23 May 6:56 AM UTC. This significant jump comes just six months after the Bitcoin price plummeted to a low of $3150 in December 2018. Since then, Bitcoin has experienced steady growth and gain in the market. However, in the last 30 days, the Bitcoin price peaked to $8,320.82, its highest price ever. This phenomenal jump occurred in a span of only 10 days breaking the Bitcoin record so far of significant gains made in short time frames. This positive growth has led to experts forecasting the Bitcoin price to hit the $20,000 mark by the end of this year.

Since entering the market almost 11 years ago, Bitcoin is still at the top of the global cryptocurrencies list. The current circulating supply of Bitcoin is at unbelievable 17,708,875 BTC. The market trend of the Bitcoin price has remained positive even when the currency did not maintain an uptrend. Cryptocurrency researchers believe that Bitcoin has the potential to grow up to a high of USD 50,000 within the next two years.

How to Profit from Bitcoin…

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Altcoins

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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