Connect with us

Featured news

Tron (TRX) launches official developers network website, TronGrid

Published

on

Tron TRX
READ LATER - DOWNLOAD THIS POST AS PDF

A day after another it seems like we should expect some announcements from the Tron CEO, Justin Sun. Perhaps it’s for the better of cryptocurrency, and it reflects the effort being put in place to make sure that the coin ranks high. The future is only predicted and not known for sure, but who knows maybe Tron is headed to become a real big fish.

Tron has already made several partnerships with various firms with the aim of doing better than its competitors. One of them is BitTorrent whereby the blockchain project is expected to lead much into mass adoption. Tron has gone now gone a step ahead to put a smile on the developers’ faces with the launch of TronGrid website.

Developers Have the Easy Way

Similar to Ethereum’s Infura, TronGrid website will merely provide the developers with easy access to the Tron Network. Besides, it will as well help with the creation and the release of dApps, and smart contracts.

What the blockchain firm has decided is to provide a better experience to its developers as a collective effort to its development. Perhaps developers only can significantly help to make this blockchain great hence they are crucial. Therefore, with a developer webpage now under Tron Foundation sleeves means that anyone having an interest regarding the blockchain technology can access and explore the blockchain platform easily.

TronGrid uses the SpringBoot to create a query interface. It takes Java-Tron and then writes the events into Mongo DB. The user can poll the details of the smart contract. The website will also provide the clients running in the cloud so that there is no need to run them individually to work with Tron.

There is no denial that TronGrid will allow the developers to access all the essential tools for developing decentralized applications all on the Tron protocol. The founder of blockchain organization, Justin Sun confirmed the launch of the developer website in a tweet to his followers as well as the TRX enthusiasts expecting them to enjoy.

For the blockchain project, there is only one way to achieve its goals, and that’s the forward way alone, sticking to what they believe is the best. But time will tell where Tron (TRX) reaches (things looking good and steady so far). In regards to the TronGrid website launch, perhaps the developers should be licking their lips by now.

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 Geralt/PixaBay

Bitcoin

Why Bitcoin Price Remains Stable Before the Expected Hike

Published

on

Bitcoin price
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Blogs

Blockchain-Focused ETF Arrives on London Stock Exchange

Published

on

blockchain-focused ETFs
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Blogs

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

Published

on

Jeff Bezos
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Elite