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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.

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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.

Image courtesy of mohamed_hassan/Pixabay

Altcoins

Reasons To Invest In Electroneum In 2019

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2018 has been quite a rollercoaster for the crypto space. Coins went up and down more times than anyone could have guessed, not to mention two massive market crashes. However, in a few short weeks, the year will be over, and a new, positive period for the crypto world is expected to arrive.

While there are many predictions for 2019, today we are only interested in one thing — Electroneum (ETN). A lot of people quickly took notice of this coin, and many believe that it is among the coins of the future. Indeed, it has received a lot of attention, and many are interested in why that is, and why investing in it is a good idea. So, let’s take a look at a few reasons why you should invest in ETN in 2019.

1) It is fast

Speed and precision of any service have always been very important to people. This importance is even greater when making a profit depends on it. Electroneum developers were aware of this when they created it, and the coin is up to 5 times faster than Bitcoin. This means that ETN transactions can be confirmed much faster, which in turn reduces fees and waiting time.

Furthermore, there are also plans to create Electroneum Virtual Currency Exchange, which will allow the project to act as an exchange. However, the even…

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Bitcoin

SEC Postpones Bitcoin ETF Decision Once Again

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The new announcement by the US SEC (Securities and Exchange Commission) states that the decision regarding the potential approval of several applications for a Bitcoin ETF (exchange-traded funds) is once again postponed. This time, the SEC declared that the decision will be made by February 27th, 2019.

The application requesting that VanExk SolidX BTC fund get s listed on Cboe BZx Exchange that was published on July 2nd needs to be given order by the commission within 180 days. Originally, the deadline for doing so was December 29th. However, the SEC decided to extend the period for another 60 days, effectively moving it to February 27th.

The SEC stated that designating a longer period for making a decision was found appropriate, as more time is needed in order to properly consider the rule change.

Cryptocurrencies need a sufficient monitoring mechanism, claims SEC chairman

Recent reports claim that the SEC received over 1,600 comments after requesting the public opinion regarding the ETF applications issue. In the past, the SEC rejected many such applications, some of which were even submitted by SolidX itself. In addition, they also rejected the applications submitted by Gemini, the exchange owned by Winklevoss twins. Brothers were attempting to gain ETF approval ever since 2013, although to no avail.

Other applications were also submitted by Direxion, ProShares, as well as GraniteShares. The SEC rejected them…

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Blogs

TRON (TRX) Back In The Crypto Top 10

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For three weeks now, the crypto market was in a free fall. There was one moment when it seemed like the coins are finally bouncing back, and Bitcoin managed to climb back to $4,200. However, this uptrend was only temporary, and the coins dropped once again as December started.

Not a lot of coins are doing well these days, and almost every single one is trading in the red. Bitcoin is currently priced at $3,864, and the total market cap of the crypto space is barely over $123 billion. As expected by many, the bearish trend is still active, and seemingly at full strength. However, there are a few coins in the vast crypto space that are actually managing to grow in these unfriendly conditions, with the most notable one being TRON.

TRON on the rise

At the time of writing, TRON is also trading in the red. Although, only hours ago, this was not the case. Even now, TRX is losing only around 0.50% of its value, while all other coins around it are dropping by 4-5% on average.

TRON’s increase, while it lasted, was not big. However, considering the current state of the market, it was easily enough for the coin to make a big step, and actually improve its position on the list of largest cryptos. After months of waiting at the 11th spot,…

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Elite