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Tik Tok! Countdown To Tron (TRX) Independence Day and More Exchanges Supporting Token Migration

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Tron
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There is something about countdowns that keeps people on the edge of their seats. It can be compared to the 100-meter dash at the Olympics and all the fans want to see, is the competition towards the finish line. In the case of Tron (TRX), the finish line is the launch of the Genesis block of the MainNet on the 25th of June. The closest competitors of the Tron Project are currently Ethereum, EOS, IOST, and Zilliqa. There are also other excellent projects out there, making the next 6 months of this year, one of the most exciting in the history of cryptocurrencies and blockchain technology.

Back to the countdown! Are you ready?

The current countdown on the Tron Website currently reads that we have close to 10 days left till the TRON Independence Day. Global Coin Report had provided an unofficial checklist for you to peruse through and use as a guide towards the next few days leading up to the Independence Day.

The token swap will start from the 21st of June and end on the 24th. Token HODLers are advised to transfer their tokens to the following exchanges for automatic token swap.

  1. Bitbns
  2. Bit-Z
  3. Bibox
  4. Binance
  5. LBANK
  6. Bitfinex
  7. BitoPro
  8. BitForex
  9. Bithumb
  10. BitKop
  11. Bittrex
  12. Bixin
  13. Bitpie
  14. Coinegg
  15. CoinFalcon
  16. Liqui
  17. Coinnest
  18. Coinrail
  19. Cointiger
  20. DragonEX
  21. Gate.io
  22. Huobi
  23. OEX.com
  24. OKEX
  25. OTCBTC
  26. RightBTC
  27. UpBit
  28. Zebpay
  29. WazirX
  30. HitBTC

This list has grown since the last time Global Coin Report first provided its readers with a list of exchanges supporting the token migration. Numerous readers have been asking for an update and we have decided to do just that.

This is not the final list as there might be a few more exchanges that will announce to support the migration before the 21st. Therefore we shall be on the lookout for any additional information about other exchanges supporting the token swap.

Also to note is that Binance will be supporting Permanent token migration even after the 24th of June. 

Current market analysis indicates that TRX is showing some welcome upward movement with a 4.63% increment in the last 24 hours and at the moment of writing this. The token is currently trading at $0.043 as we inch closer to the TRON Independence Day on the 25th of this month.

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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

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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