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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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Understanding the Uses of Different Types Of Cryptocurrencies

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Cryptocurrencies – a term which has become incredibly prominent in the mainstream media during recent years due to the proliferation of Bitcoin millionaires. As a result, the new form of currency has earned an almost infamous status. However, as with any major step forward, there is still much confusion regarding the use of cryptocurrencies, what different types of innovative electronic cash exist and what they might mean for the future.

We’re putting all of this to rest as we explain what each of the leading cryptocurrencies can do.

Bitcoin

The most popular form of cryptocurrency, Bitcoin was first thought up in 2008 by the elusive and still unknown creator, Satoshi Nakamoto, who published the whitepaper online.

It took almost a decade for the cryptocurrency to reach its peak, but in December 2017 a single Bitcoin roughly exchanged for the price of $17,000, meaning anyone who held a substantial amount of the electronic cash became significantly wealthy.

In its early years, the cryptocurrency was strictly used as an alternative for cash transactions, and predominantly for trading goods and services. However as it has increased in popularity, its range of uses has also widened, now deployed for a variety of purposes including acting as collateral for investments at merchant banks, a direct debit for subscriptions services and most notably for sports betting.

Ripple

Bitcoin’s closest source of competition, Ripple was founded…

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New DoJ Ruling May Cripple Gambling dApps

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A new decision made by the US Justice Department has expanded restrictions regarding online gambling in the US affecting gambling dApps. While the Federal Wire Act of 1961 prohibited online gambling regarding sports since 2011, the new decision expanded on this, and it now includes all forms of internet gambling. Unfortunately for many, this now also includes cryptocurrencies.

The new decision came due to considerable difficulties when it comes to guaranteeing that only interstate betting will take place and that payments will not be routed via different states.

The new announcement was explained in a 23-page-long opinion issued by the Department of Justice’s legal team, which pointed out that the 2011 decision misinterpreted the law. According to that decision, transferring funds was to be considered a violation, but data transfers were not included. By exploiting this oversight, it was possible for gamblers to turn to internet gambling. Unsurprisingly, many have realized this early on, including startups, as well as large, established firms. This, of course, also included cryptocurrency companies as well.

The new decision changes what is allowed online

The decision to include all forms of internet gambling is a massive hit in the…

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7 Steps to Recovery from a Crypto Trading Loss

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Whether you are a newcomer to the crypto market who mistakenly invested a large amount into the wrong coin, or a professional that made a well-researched decision and something still went wrong, the result it the same — you lost your money to the crypto market. This is a big problem, but also a problem that every crypto trader faces at some point.

The reason may be anything, from simple bad luck to the lack of research. Add to that the fact that the crypto market continues to be extremely volatile, and it is clear that not all of your trades are going to end up successfully.

Whatever the reason is, the fact remains that you experienced a loss and that this is a problem which can affect more than your funds. It can also affect your mind and feelings. Since every successful trade that you have the potential to make in the future depends on you, you have to recover first, and only then should you worry about the funds.

The road to recovery is different for everyone, and it will take a different amount of time and effort. However, there are a few general steps that you can take to recover from a crypto trading loss.

Step 1: Stop and calm down

You have just suffered a major loss. It may have been your mistake, or…

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