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Cardano (ADA) and Tron (TRX) make it to the Abra wallet crypto list

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Cardano Tron
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Undeniably, more and more cryptos are being created every day, so we can be sure that the times when Bitcoin had the market to its own merely is gone forever. It is because of this that results imperative to have a variety of options to play with when it comes to exchanges, wallets, and any platform to operate with crypto and fiat currencies obscurely.

In this sense, one of the preferred platforms to exchange fiat to crypto and vice-versa is the ABRA wallet, one of the most extensive services in the world of digital money.

ABRA has made a horde of announcements in the last days that promise to shake the crypto world, including the addition of three new cryptocurrencies to its platform, and the diversification of the payment methods allowed in the network. Let’s see all the details behind the wallet update.

ABRA updates

Yesterday, ABRA announced that Cardano (ADA), and TRON (TRX) are currently integrated into their systems, so users can now fund their wallets with these top cryptos. It was also known that the company is planning to include Bitcoin Cash (BCH) as well, a milestone that would count a total of 28 cryptos accepted in the network, one of the widest repertories in the industry.

However, this is not the end. The company is planning to diversify their payment options as it aims to include the benefit of funding from European bank accounts as well, a fact that will open the doors for all of the European traders in the European Union.

Let’s recall that before this announcement ABRA users had the option to fund their wallets by bank and wire transfers in the United States, as well as with Mastercard, American Express, and other debit and credit cards from all around the world.

Like this, ABRA is actually ready to conquer the financial world by offering investors of all sorts the opportunity of accessing an incredibly broad range of options related to digital currencies, a fact that, to say the least, the platform is accomplishing with an incredible ease.

In fact, its main competitor Coinbase, is way beneath this level; only offering its users 5 cryptos, Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), Bitcoin Cash (BCH) and of course, Bitcoin (BTC), and a short repertory of fiat options versus the 50+ alternatives that ABRA offers in fiat currencies such as AUD, USD, NZD, EUR, and many others.

Conclusion

The latest Abra crypto updates represent a significant advancement in the cryptocurrency world as it gives enthusiasts and investors more excellent opportunities to play with, and that’s precisely what we’re all looking for concerning usability. On the other hand, it represents a low blow for Coinbase, which now has to look to diversify its offer to keep on the picture. And why not, who would not want Coinbase to list Cardano and Tron as Abra just did?

If you want to get more information about ABRA, please go to their website abra[dot]com and find out everything about the latest updates and developments of the wallet service.

For the latest cryptocurrency news, join our Telegram!

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 thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Nicole Honeywill on Unsplash

Altcoins

Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON
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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Why Tron (TRX) Price Won’t Remain Low for Long

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TRX
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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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Altcoins

3 Cryptocurrencies Most Likely to Follow Bitcoin’s Performance

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cryptocurrencies
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For more than a year, the cryptocurrency market has been dominated by bearish influence, with most coins seeing constant drops, or stagnation, at best. This all changed in the past few months, starting with Bitcoin which once again started leading the market up, bringing one minor rally after another.

BTC itself experienced massive losses in 2018, with its price going down by around 84%. Most other coins among the top 10 mirrored its performance, and some of them experienced even greater losses. However, now that Bitcoin sees gains again, these cryptocurrencies are still following its example, and many of them have seen massive breakouts. Some of the more notable altcoins that followed Bitcoin’s recent example are Ethereum (ETH), Stellar (XLM), and Cardano (ADA).

Ethereum performance mirroring Bitcoin’s price

As mentioned, Bitcoin led every rally so far, but before it did, its price first went through what is known as an ascending triangle pattern. The pattern held for around five months, which is exceptionally long for the crypto world. However, once the pattern was finally broken — the coin’s price skyrocketed, more than doubling itself within only two months.

One thing to note is that Ethereum performed in pretty much the same fashion. After five months of struggle and confusion for investors, the second largest cryptocurrency also managed to break the pattern and skyrocket as well. It…

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