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Tron (TRX) keeps getting ‘support in mass’ for its Main Net release



Tron TRX support

Mr. Justin Sun, Tron’s CEO and founder, likes to shake things up every time the project is about to complete a milestone. The next one is, of course, the launch of Tron’s own Main Net, which will see them become a fully autonomous blockchain (and coin) independent from Ethereum and the ECR-20 blockchain as well as an app developing platform. This is coupled with strong rumors about a Coinbase listing.

So the foundation is doing several things to mark the occasion. A huge giveaway was announced, and the foundation’s website was completely re-designed. This has given community members motivation to join the team to make the cryptocurrency’s environment more successful. Current TRX market capitalization is at $4,653,519,846, and it trades at $0.07 at the time of press.

A tweet from Mr. Sun recently announced the release of a Tron virtual machine coming Friday, just after a couple of days now,  on May 25th. The Main Net is scheduled for May 31st. There’s a very visible countdown in the new website (which weirdly enough wasn’t working correctly at the time I tried to see it at first, a couple of days ago, works fine for me now).

Then the token migration will happen on June 21st, according to plans. Five days later, on the 26th, twenty-seven super representatives will hold a vote on Tron’s future. 

The vote aims to guarantee that the Tron organization will be a democratic, self-government community, with free elections and “overarching legitimacy” according to the letter published by Mr. Justin Sun this April in which he explained his own commitment to individual rights and why democracy and transparency are essential for the Tron Foundation.

More cryptocurrency exchanges have announced they will support Tron’s new blockchain, platform, and token migration. Among them are China‘s RightBTC, and Bixin.

Users must buy twenty ERC-20 based tokens in RightBTC so they can start doing business, but this is common practice in most exchanges around the world. Bixin’s pool mining model is unique. It privileges openness and transparency. Also, it allows for instant transfers with OTC Trading, Escrow Trading, and Market Stats which makes trades easier for its users.

Upbit, IDAX, Bithumb, Liqui, and Dragonex joined in to support Tron’s migration too, just recently.

There are also plenty of souvenirs and merchandise around. U disk products, caps, notebooks, a TRX commemorative coin, hats, t-shirts, handbags among other things. Even the hashtag TRONICS is currently trending on Twitter. The man himself was using his Twitter account to promote the items:

The Tron community is very optimistic which you can see in comments such as “45 cents by this time next year.”

While Tron and its coin are still not among the crypto world main players (not in top 5 yet), a lot is expected from them because of Mr. Sun’s previous successes as an entrepreneur. 

It bears saying that the fantastic growth Tron has achieved has taken them less than a year’s time since the project started which was only last July. Keep an eye out for Tron and Tronix. It seems great things are happening for them and the token is still cheap enough that you can buy it in bulk, and see it grow.

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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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Investors Beware: Another Large Bitcoin Crash Might Be Coming



Bitcoin crash

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Top 3 Coins to Buy Before They Go Big




Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.


Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?



crypto credit cards

It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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