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Tron (TRX) Gets Visited by Twitter – What is Justin Sun Planning Now

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It would appear that TRON (TRX) might be making another move and that this time, the crypto is planning a partnership with Twitter. There were no official announcements yet, but Twitter’s recent visit to TRON’s office has definitely caused the crypto community to speculate about what might be coming next.

Are TRON and Twitter preparing to make a deal?

TRON (TRX) has become known for making groundbreaking decisions and partnerships lately, and the crypto shows no signs of stopping just yet. In fact, it might be going after some much larger partnerships soon, judging by the recent development.

We are, of course, talking about the visit that Twitter’s officials have made to TRON’s office recently, It would seem that some very vital discussions were led during this visit, but so far, there were no official statements or even leaks regarding what this visit was really about.

The only real facts that are currently known is that Twitter has visited TRON, and this was confirmed by Justin Sun’s recent tweet, posted yesterday, on July 11th.

Justin Sun’s large moves and unpredictable leadership has led TRON to some major victories lately. A lot of these decisions were not made public until TRON has already managed to secure large deals, and the crypto community has become used to speculating what might come next for TRX.

TRON’s numerous recent partnerships

So far, TRON has entered a partnership with Pornhub, which is a known website for adult entertainment. Pornhub itself announced that TRON will become a legitimate payment option, which represented a large move forward when it comes to adoption of cryptocurrencies.

Even before that, TRON partnered up with Shiftmarket, a firm known for its Start-A-Broker program, that has helped with the launching of more than 100 brokerages, and over 50 cryptocurrency exchanges. Not to mention the fact that Shiftmarket continues to work on creating exchanges all around the world to this day.

And, let’s not forget that TRON has just recently acquired BitTorrent, which was a move that the fans of the crypto expected for a long time, but nobody knew if it is actually going to come.

There are other speculations that TRON might be working on a partnership with Alibaba as well. However, Twitter’s visit certainly suggests that something is up, and many believe that the partnership with this platform is about to be announced.

TRON did not lack in partnerships even before its MainNet launched, which happened only last month. Ever since the platform went live, and proved that TRON’s ecosystem is stable, new partnerships have started appearing all over. With all that in mind, it really wouldn’t come as that big of a surprise if TRON is getting ready to make a move on Twitter.

$20,000 for each of 10 great projects

Of course, TRON is not only looking for new partnerships to improve its own business. The crypto is also interesting in helping out others who are trying to find their place in the vast crypto world. In fact, TRON even earmarked up to $20,000 for each of the 10 large projects within its ecosystem.

This move was made in order to inspire and encourage the creation of various dApps, especially those with a lot of potentials. That way, TRON platform’s reputation will continue to grow, and TRX might even be able to challenge Ethereum when it comes to creating smart contracts and dApps.

All in all, TRON continues on its way to success, and new events and partnerships continue to appear almost every other day.

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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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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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