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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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Understanding the Uses of Different Types Of Cryptocurrencies

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Cryptocurrencies – a term which has become incredibly prominent in the mainstream media during recent years due to the proliferation of Bitcoin millionaires. As a result, the new form of currency has earned an almost infamous status. However, as with any major step forward, there is still much confusion regarding the use of cryptocurrencies, what different types of innovative electronic cash exist and what they might mean for the future.

We’re putting all of this to rest as we explain what each of the leading cryptocurrencies can do.

Bitcoin

The most popular form of cryptocurrency, Bitcoin was first thought up in 2008 by the elusive and still unknown creator, Satoshi Nakamoto, who published the whitepaper online.

It took almost a decade for the cryptocurrency to reach its peak, but in December 2017 a single Bitcoin roughly exchanged for the price of $17,000, meaning anyone who held a substantial amount of the electronic cash became significantly wealthy.

In its early years, the cryptocurrency was strictly used as an alternative for cash transactions, and predominantly for trading goods and services. However as it has increased in popularity, its range of uses has also widened, now deployed for a variety of purposes including acting as collateral for investments at merchant banks, a direct debit for subscriptions services and most notably for sports betting.

Ripple

Bitcoin’s closest source of competition, Ripple was founded…

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New DoJ Ruling May Cripple Gambling dApps

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A new decision made by the US Justice Department has expanded restrictions regarding online gambling in the US affecting gambling dApps. While the Federal Wire Act of 1961 prohibited online gambling regarding sports since 2011, the new decision expanded on this, and it now includes all forms of internet gambling. Unfortunately for many, this now also includes cryptocurrencies.

The new decision came due to considerable difficulties when it comes to guaranteeing that only interstate betting will take place and that payments will not be routed via different states.

The new announcement was explained in a 23-page-long opinion issued by the Department of Justice’s legal team, which pointed out that the 2011 decision misinterpreted the law. According to that decision, transferring funds was to be considered a violation, but data transfers were not included. By exploiting this oversight, it was possible for gamblers to turn to internet gambling. Unsurprisingly, many have realized this early on, including startups, as well as large, established firms. This, of course, also included cryptocurrency companies as well.

The new decision changes what is allowed online

The decision to include all forms of internet gambling is a massive hit in the…

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7 Steps to Recovery from a Crypto Trading Loss

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Whether you are a newcomer to the crypto market who mistakenly invested a large amount into the wrong coin, or a professional that made a well-researched decision and something still went wrong, the result it the same — you lost your money to the crypto market. This is a big problem, but also a problem that every crypto trader faces at some point.

The reason may be anything, from simple bad luck to the lack of research. Add to that the fact that the crypto market continues to be extremely volatile, and it is clear that not all of your trades are going to end up successfully.

Whatever the reason is, the fact remains that you experienced a loss and that this is a problem which can affect more than your funds. It can also affect your mind and feelings. Since every successful trade that you have the potential to make in the future depends on you, you have to recover first, and only then should you worry about the funds.

The road to recovery is different for everyone, and it will take a different amount of time and effort. However, there are a few general steps that you can take to recover from a crypto trading loss.

Step 1: Stop and calm down

You have just suffered a major loss. It may have been your mistake, or…

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