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Tron (TRX) opens BitTorrent for crypto projects and services advertisement - Global Coin Report
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Tron (TRX) opens BitTorrent for crypto projects and services advertisement

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Are you thinking of advertising your crypto project? It seems like BitTorrent, Inc. – the most common communication protocol for sizeable peer-to-peer file sharing, is the real deal. Today, the Tron (TRX)-acquired p2p company has opened advertisement network for crypto firms on their product.

How is It a Good News?

BitTorrent connects with over 100M users whereby it is stated that there are 170M active monthly users and 45M users who are active on a daily basis. Therefore, the announcement is music to the ears of the leading crypto advertisers as it provides them with the best opportunity to target as well as reach the internet’s valuable audiences.

Besides, the crypto advertisers will be exposed to a young, educated as well as the tech-savvy audience. The age bracket for this kind of audience is between 18-24 years, who are now internet-bond and won’t be reached if a traditional marketing channel was used. Perhaps, it looks like a win-win scenario for the well-established companies.

Interested crypto advertisers can get to know more on this URL: bitmedianetwork.com/crypto/

The founder of TRON as well as CEO of BitTorrent now, Justin Sun, said that there is a stronger engagement that is growing on the supply of premium display as well as video placements – all thanks to the release of uTorrent Web.

Also, Sun hopes that when the well-established crypto businesses think of making their projects public, they will include Bit Torrent in the strategy they employ for advertising. The main plan of the company is to work with the leading crypto businesses with a track record and ensure there is a positive brand alignment.

About TRON (TRX)’s acquired BitTorrent

BitTorrent is a leading P2P sharing company that has offered in-stream video advertising as well as the brand safe display for years now. After the announcement, it will now allow those selected crypto advertisers to start their campaigns and reach the global audience in a blink.

BitTorrent allows the users to send large files over the internet via its peer-to-peer protocol, and hence third-party content providers can connect with users all through an entourage of distributed technologies which scale efficiently.

There are hundreds of millions of devices installed with the BitTorrent’s mobile and desktop products across over 138 countries globally. As of now, not just for Tron (TRX), everything looks positive for the leading crypto advertisers as they have a global reach on merely an unprecedented scale. Are you looking to advertise? Perhaps, you have the platform already – BitTorrent.

For the global insights every crypto trader must have, apply for Elite membership!

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 mohamed_hassan/Pixabay

Altcoins

2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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Crypto Market is Not Free from the Bearish Trend Yet

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Investors and traders are still speculating over the bullish trend that shook the market this past seven days. However, amidst the joy of the price hike in the industry, some people are still cautious. A crypto trader with the twitter handle of BTC_Macro is advising other players in his tweet to be careful. According to him, the bearish cryptocurrency market is not over yet.

In the tweet, the user admonished players in the market not to listen to the people saying that the bears have given up. It went further to say that Bitcoin may still plunge uncontrollably anytime even if it breaks the $6K mark. When this occurs the twitter user continues, any scenario may occur. The advice is that players in the crypto market should be on the neutral side. According to the user, it is not safe to be on the bullish side or the bearish side. Instead, players should be on their toes without bias.

How Trader reacts to price movements

Over time, it has become evident that many traders usually go against the market majority during bearish or bullish trends. Well, there is usually some logic backing up the reactions.

It is true that we have seen the longest bearish trend in the history of cryptocurrencies. Everybody who has a stake in the crypto market is expecting the day of the bull’s rise…

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