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New TRON Rumor Hints At Potential Partnership With Baidu

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TRON
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While TRON has made some game-changing moves throughout 2018, it seems that this coin is still not done with shocking announcements. According to a recent statement by its founder, Justin Sun, TRON might be about to enter its biggest partnership yet. This time, the popular coin is targeting an unnamed company worth tens of billions of dollars.

As soon as this announcement was published, the entire crypto community started speculating regarding the company’s identity. While still unconfirmed, many seem certain that the mysterious giant is none other than one of China’s largest IT firms ā€” Baidu.

Baidu is among the largest companies in China, and many tend to call it Chinese Google. The company holds control over 66% of all internet searches. In fact, its closest competitor holds only a quarter of this amount.

What does this mean for TRON?

As mentioned, TRON has managed to make a huge amount of progress throughout 2018, which was mostly bearish up to this point. Not only did TRON managed to launch its MainNetĀ andĀ purchased BitTorrent, announced numerous projects, entered more partnership than anyone can count and has started bringing games to the blockchain.

While pretty amazing, all of these feats might become lesser achievements when compared to partnering up with Baidu. Many expect that this move will launch TRON to the moon, and quite possibly start a bull run that everyone has been waiting for since January 2018.

Baidu itself is a huge and rich company, and it even expressed interest in blockchain technology in its white paper published in September. If it were to partner up with TRON, this cryptocurrency would definitely deserve it. Its recent accomplishments have proven that TRON’s blockchain is faster and cheaper than pretty much any other.

While the bear market impacted its price and market cap so much that TRON still cannot enter the top 10 cryptocurrencies, a partnership like this will definitely improve its situation. Right now, TRON’s value is at $0.024646, with an increase of 1.61% in the last 24 hours.

However, this is nowhere near its full potential, or even its all-time high of $0.25 that it reached in January. While TRON’s highest price is only a quarter of $1, many believe that TRX could hit a lot higher after all that it managed to accomplish during 2018. With that in mind, the entire crypto community expects this partnership to pave the way for TRON in 2019. All that the coin needs now is for this partnership to be confirmed. When and if it does, investors expect that TRON will skyrocket like never before.

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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 fullĀ disclaimer.

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Blogs

Reasons Why 2019 May Be A Great Year For Crypto

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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one beingā€¦

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3 Coins with the Largest Potential in 2019

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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFsā€¦

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Do or Die: 3 Crypto Projects that Really Need to Deliver Soon

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Crypto projects have gone through several crucial periods of development, and while it is fascinating to watch their progress to maturity, a lot of investors are becoming impatient. During the first few years, they were barely known, only talked about in specific groups, among those developers and investors who had the luck to find out about them in the early days.

The next several years, altcoins started appearing, and the voice of cryptocurrency slowly started to spread. Then, there was a period of hype, when crypto exploded, and the entire world finally learned about this new technology that promised to change the world. Naturally, the overhype led to a market crash and price correction that we experienced last year, but the impact was made, and the world is still talking about them on a daily basis.

However, now is the time for cryptos to deliver on their promise, grow up, and start showing results. There are high expectations for many projects, but for various reasons, they have yet to deliver, and many are hoping that 2019 will be the year when they finally do it. Let’s see which 3 crypto projects really need to show results, and soon.

1) Ethereum (ETH)

Are you surprised to see Ethereum at the first spot? The project has been a top cryptocurrency for years, why would it be in danger now?ā€¦

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