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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

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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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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Altcoins

Top 3 Coins to Buy Before They Go Big

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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.

1. TRON (TRX)

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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