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TRON Crypto News: New Announcements and Latest Development

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It would seem that TRON (TRX) can never run out of new moves, announcements, and surprises for its community and investors. In fact, the market situation doesn’t seem to matter to this coin, as it continues to make progress like everything is as good as it can get. When all the other cryptos are struggling to survive, TRON is announcing new partnerships and progress. This is why TRON crypto news continues to impress even now, after 9 months of a bear market.

The latest TRON crypto news

Justin Sun — a Facebook superstar

We are all familiar with TRON’s founder and CEO, Justin Sun. Sun has become nothing less than a crypto celebrity, and many believe that it is his constant tweeting that has made TRX community into one of the strongest crypto communities ever. With the TRON community continuing to grow, Sun has announced that he has a special surprise for TRX enthusiasts. According to the announcement, the surprise will be released once his social media page hits the one million mark.

Well, this has already happened on Facebook. On Twitter, on the other hand, Sun has yet to reach even the half of this number. However, as Sun acknowledged the Facebook situation, he also announced that the TRX giveaway is to arrive soon.

TRX continues to grow

Additionally, Sun also stated that the TRON project managed to reach a new milestone. At the moment, the number of its MainNet accounts has officially surpassed the number of EOS MainNet accounts. While this might not seem like a big deal at first, just remember how much older the EOS project is. In the eyes of many, this is a very, very important development that definitely deserves to be mentioned as one of the biggest TRON crypto news.

Many believe that TRON managed to get so many new accounts thanks to a tipping platform that allowed Twitter and Telegram users to send TRX coins to each other.

And, of course, let’s not forget that TRON has already managed to get to a third of Ethereum’s transaction rate. This was done despite the fact that the coin has only officially launched its MainNet a few months ago, while ETH has been around for years now. While TRON has a lot more to do before it surpasses ETH, nobody can say that it’s not off to a very good start.

TRX gets on ChangeHero

Finally, the last big TRON crypto news, for now, is the fact that TRON got listed on ChangeHero and instant crypto exchange platform. The platform now allows its users to buy TRX in exchange for dollars, through the use of their credit cards. While TRON is already quite accessible, this listing will make it even more so and will mark just another step on TRON’s way to mainstream usage.

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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

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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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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