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Milestone Achieved – TRON (TRX) Listed on KuCoin

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TRON (TRX) has just joined the list of KuCoin, one of the most active crypto exchanges on the market. Additionally, Justin Sun has shared on his Twitter account how TRX is doing in of his weekly reports.

TRX joins KuCoin

TRON’s (TRX) continuous successes are not really surprising to anyone at this point since the coin has clearly demonstrated that there is no such thing as obstacles in its way to dominating the crypto world. Its recent victory is among the big ones, though, as the coin has entered KuCoin’s list, and the trading is supposedly starting today. A lot of investors see this as a possible spark that will ignite TRX price and send it to the moon.

TRON got on KuCoin after being added on numerous smaller exchanges, but many believe that it would have gotten there sooner if it were not for its recent MainNet launch. Thanks to the MainNet, adding support for TRON seems to have been a bit more difficult on the technical side, but the issues seem to have been resolved now.

The addition of TRX on KuCoin also came only a few days before the scheduled TRON VM launch. This is definitely a busy time for TRON when a lot of changes are happening, but one thing remains constant — its price. Many believe that this is because TRX will only be able to trade against Bitcoin and Ethereum, and possibly other digital assets.

At the moment, TRON is in the green, with the price of $0.025232 per coin. The recovery may be on the horizon since TRON has seen an 8.80% increase in the last 24 hours, but this is still not enough for the coin to return to its former glory. For this recovery to continue, TRON will have to show technical strength, but it will also need a lot of support from its community.

Justin Sun shares TRON weekly report

Yesterday, August 27th, Justin Sun released another weekly report (in numerous languages) on his Twitter account. The report mostly talks about the Tron Foundation’s progress, and it briefly mentioned new upgrades and development. It consists of four parts — Tech development, activities of the TRON community, TRON’s team and partners, as well as market transactions.

So far, under the TVM’s ecosystem, it would seem that the team has managed to transfer security assurance within contracts, as well as to optimize node scoring functionality. Additionally, the Foundation has also completed the resource delegation for consensus.

There is also a significant chunk of work in progress, like additional attempts to improve the TVM ecosystem, and especially its security. Also, the Foundation wishes to introduce new design changes in the wallet.

As for the team, partners, and community, the report reminded us of various incentive activities that targeted the coin’s supporters. There were also mentions of the completion of TRX migration, bringing back withdrawals and deposits, the purchase of BitTorrent and its merging with TRON’s team in San Francisco, as well as a reminder that Project Atlas is underway.

Additionally, the report mentioned the TRON Super Representatives election, stating that Blockchain.org and TRXMarket are the new additions to the team. After those two, TronSpark and DAPPHOUSE joined as well, each being chosen by community votes.

Finally, there is the matter of the market activity. Recently collected data from COintrendz has shown that TRX is among the top coins per Twitter mentioned, and it is right up there with Bitcoin and Ethereum. Since the results came in, Justin Sun stated that the coin’s current goal is to reach as many exchanges as possible. So far, it would seem that TRON is doing pretty well, and it joined not only KuCoin but Allcoin too.

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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.

Image courtesy of Tim Green via Flickr

Altcoins

A matter of time before TRON (TRX) achieves mass adoption

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Tron (TRX) has all its eyes on decentralizing the internet, or rather content-sharing to ensure that creatives, artists, musicians, and authors can all release their content without the need of middle companies. As it seems, Tron’s founder hopes that the coin will challenge the globe’s major content providers like Facebook and YouTube.

The coin has undoubtedly made progress since its launch from a coin offering on the Ethereum ledger platform to now a native coin present on the official Tron Mainnet. If you think launching the independent MainNet is all Tron wanted to achieve, you are mistaken.

The aim is towards mass adoption as well as creating a decentralized web. Yeah, it is a  fact that in the past weeks TRX has experienced price declines, but currently, the cryptocurrency is riding 5.37% hike against the USD in the last 24 hours (remember most of the other top coins including Bitcoin are in red).

It’s also continued succeeding in attaining quality listings such as the Bittrex (to name one of the most recent ones). Therefore, it seems as every step TRON makes is a sign of progress to make the decentralized web a reality.

How TRON (TRX) is Making Mass Adoption a Reality

The primary objective for TRON (TRX) is to create a decentralized web which will be a representation of the internet’s next generation. Therefore, in making that a reality, the largest file-sharing platform, BitTorrent that has over 100M global…

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Altcoins

Hyperion-Stellar Partnership Finalized — Support For Stellar’s Crypto Assets Trade About To Arrive

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Hyperion and Stellar: A new partnership

According to a recent announcement by Global Blockchain Technologies Corp., it would seem that the known crypto exchange Hyperion has finally made an agreement with Stellar (XLM). The new partnership is to allow Stellar’s own crypto assets to be traded on Hyperion’s platform. This move is expected to significantly impact Stellar’s price and spread awareness of the coin and its goal even further.

Hyperion uses an alternative trading system (ATS), which was licensed by the SEC. As a part of this arrangement, previously attained via investment in DBOT (Delaware Board of Trade), Hyperion has permission to also operate as a broker-dealer. It is also expected to become North America’s first advanced security token exchange.

As many are already aware of, Stellar is a trading protocol that is used for issuing, exchanging, and transferring digital assets. It works with several other cryptocurrencies, but also with fiat currencies like the USD. Additionally, Stellar also works even with some commodity assets, like gold.

Stellar’s goal is similar to that of Ripple, at least when it comes to enabling faster and better cross-border transactions. While Ripple focuses on providing its services to banks and financial institutions, Stellar aims to provide these services to individual investors. Thanks to this, Stellar has received a lot of attention and praise from individual investors, as the general interest in cryptocurrencies grew.

Why is this partnership important?

By joining Hyperion’s…

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Bitcoin

Bitcoin Volume Improves — Is A New Bull Run About To Start?

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After more than half a year of price drops and losses in value, Bitcoin’s price has finally demonstrated signs of stability. For weeks, Bitcoin managed to remain above the price of $6,550 per coin, which was followed by a small price surge that has allowed the coin to reach $6,600.

Not only that, but Bitcoin’s volume also saw a 12% increase that has taken it from $3.2 billion to $3.6 billion according to CoinMarketCap. While this state of the market did not include all the altcoins, with some of them even experiencing losses, the situation regarding Bitcoin did look promising.

However, the new situation has changed that, as both investors and analysts woke up to the news of crypto prices going down.

Bitcoin volume predictions

Cryptocurrency analysts around the world have been predicting that the recently-balanced situation regarding Bitcoin and many altcoins will not last. While some believed that Bitcoin volume will go up, others have been claiming that it will drop once again, as it has finally happened.

At the moment, Bitcoin has managed to drop below what was recently believed to be its bottom, with a new price being at $6,297. Instead of reaching milestones such as $6,800, and then $7,000 mark as many have hoped, BTC actually dropped by around 6%.

For a while, Bitcoin has been showing signs that it is ready to grow once more. However, the trouble once again lies with the…

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