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Tron (TRX) wants you to join them and support Net Neutrality

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Tron
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From the very beginning, Tron has been a project with a mission. Just as Ripple’s objective is to make blockchain technology the tool around which all the international payments in the world are settled quickly, cheaply, safely, Tron (TRX) aims to use the blockchain so that the whole of the internet becomes decentralized.

Neutrality means that no single corporation or authority (Comcast, Google, AT&T, Verizon, Telmex, Microsoft, Facebook, and many others) is able to decide whether a packet of information is more important (or urgent) to deliver that some other packet. Your ISP should treat every information packet in a democratic, egalitarian way so that everybody gets the same services, whatever you’re doing with it.

Because of recent lobbying by big corporations in the US Congress, Net Neutrality is in danger these days and that worries Tron (as it should worry you, and everybody else).

Since Tron wants to decentralize the web via blockchain technology, neutrality in the web is a necessary condition. That’s why Tron has taken a public stand in defending net neutrality by donating $10,000.00 to the Donatefornetneutrality.com website.

Tron believes in upholding neutrality. It’s analog to freedom of speech, independence, and freedom in the digital world. It’s under siege by American politicians and Tron is inviting everybody to take a stand on this issue and support the fight for neutrality by donating to that same website.

This is not just about Tron’s ambition to decentralize the web, but it matters for all of us. Keeping neutrality alive is the only way we all have to make sure that the internet remains free and doesn’t become a kind of digital dictatorial regime in which the big corporations in telecom end up deciding everything that happens with every user in the world.

This is a controversial issue, of course. Many internet users think that fast internet connections should be more valuable than slow ones. That high-quality content should have more value. The problem here is, who is going to decide what high-quality is? It won’t be users, universities or scientists. It will be Google, or Youtube, or Facebook, or Microsoft.

The DonateForNetNeutrality website aims to raise $100,000.00 to fund the fight for net neutrality. They currently have $38,328.00, and every donation you make will be doubled by their sponsors. You can even make donations in cryptocurrencies.

The point in this campaign is to overrule the latest FCC ruling that killed net neutrality, only a few months ago. There is a mechanism called “Congressional Review Act” (CRA) which allows reversing previous decisions.

The problem is that time is running out and if this reversal doesn’t happen quickly, it could become permanent. That would make everything much harder to correct in the future. Making this happen will need to get the attention of some key lawmakers who are facing difficult races so that they start listening to their constituents.

  • This is what happens with the money you donate for this cause:
  • Congressmen and women get millions of calls, emails, tweets.
  • It finances crowdfunded billboards, newspaper ads, and online ads.
  • Organize local actions and events.

Keep this in mind: while Tron is not based in the US, the organization understands that lack of neutrality is going to affect every internet user around the world and, especially, the crypto verse in which decentralization and democracy are core values. Tron’s heart is in the right place. Let’s try and follow suit.

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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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Bitcoin

Why Bitcoin Price Remains Stable Before the Expected Hike

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Bitcoin price
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The cryptocurrency rallied a few days back, but now, it has moved closer to 38.2% Fib level. Investors are enthusiastic that as it remains at this level for some time, and stabilize. The next move in Bitcoin price will take it to the 61.8% Fib level. This is when the hike in the price of the cryptocurrency will occur towards $4,200. However, after the surge in price, the upcoming weeks will see the Bitcoin falling swiftly to $3,000.

The truth is that if this move fails to occur, there may not be an improvement in the value of the digital currency. Also, this movement will enable the “bullish gartly pattern” we saw on the BTC/USD 4H chart to become a reality. Also, we are expecting that the Bitcoin price will decline the same way it has been recovering since early February.

Why this week’s closing price matters

Presently, Bitcoin price is still trading above what the intrinsic value is showing on larger time frames. However, we can see adequate room to accommodate short-term rallies. The price at which Bitcoin closes this week is very critical. It will be a clear indication as to how the digital currency will move in the coming weeks.

If Bitcoin closes at a price above $4,000, we are hopeful that the correction may come from early next week. On the other hand, any…

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Blockchain-Focused ETF Arrives on London Stock Exchange

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blockchain-focused ETFs
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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Blogs

Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Jeff Bezos
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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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