Connect with us

Blogs

TRON Crypto News: New Announcements and Latest Development

Published

on

Tron crypto news
READ LATER - DOWNLOAD THIS POST AS PDF

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.

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

Image courtesy of Pexels

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

Published

on

collateralized debt position
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

Published

on

Hodium
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Elite