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Electroneum gets its first Euro/ETN pairing at Liquid by Quoine

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At the end of last month, Liquid spoke in favor of Electroneum as they said ETN is a the forefront of crypto adoption. The platform also announced that ETN/Euro pair would be available by November 5th (today). Now the day has come.

Quoine is a fintech company founded in 2014 by Mario Gómez-Lozada and Mike Kayamori. Both founders had extensive experience working for the traditional financial system, especially in Japan and the United States.

Mr. Kayamori worked for 22 years as investments and business manager, IT and venture capitals in Asia and the US for institutions as prestigious as SoftBank Group (where he was a Vice President), or Globespan Capital Partners at California. Mr. Gómez-Lozada was Chief Information and head of Fixed Income IT at Credit Suisse in Asia.

Their resumes are nothing to sneer at. And they both came together to start Quoine when they realized the disruptive power that cryptocurrencies and blockchain technology can have in the world at large, but especially for the traditional financial system.

Quoine is one of the world’s leading fintech companies that provides next-generation services, exchange, trading, and other services that are powered by blockchain technology. They do this work based on the belief that all financial services will be shaped in the future by cryptocurrencies and blockchain technology. That will make financial services accessible to every person in the word.

This company is supported by a native token called QASH which is meant to make the platform very liquid. Another feature in Quoine is Liquid by Quoine which is a cutting-edge crypto platform that is exceedingly safe and, as the name should guarantee liquid. It allows you to buy/sell virtual assets using Ethereum, Bitcoin, and QASH, and now, Electroneum’s ETN.

Electroneum is a blockchain project which privileges mobility and micropayments. It’s a third generation blockchain that includes an asset called ETN which has been gathering momentum very well lately, while most of the market has been going down.

The emphasis on mobility is so strong that mining for new tokens is not done in computers but mobile phones and tablets. All you need to do is to install the mining app, run it in your phone and it will get you some ETN coins every day.

Liquid by Quoine is adopting ETN into their platform next Monday. Why is that important? It’s the first exchange that will allow you to buy ETN tokens directly, by using a fiat currency (Euro, in this particular case). It’s also important because of the credibility it brings to the token.

It’s now going to be paired (at least at Liquid) with Bitcoin and Ethereum, which means that Quoine is the first fintech firm to think that ETN is worthy of playing with the big boys in town and is acting accordingly. Last, but not least, this development will create usefulness and demand for ETN which, in turn, will drive the price up which will be great news for all the enthusiasts that have installed the ETN mining app so far.

Long story short: starting today you can use those ETN tokens that have been accumulating in your cell phone since you installed the app. How can you use them? Well, you could use them to pay for goods and services in those businesses that support the ETN currency. But those are very few still. The new option that Liquid is giving you is to sell your ETNs for Euros and send them to your bank account.

It is a huge step forward for Electroneum (ETN) regarding mass adoption, and also for Liquid in terms of future vision and user base. Keep an eye for both projects. Try and install the Electroneum app; you have nothing to lose.

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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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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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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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Altcoins

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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