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Tron (TRX) may recover its bull run as 26th of June passes

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Tron TRX
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Tron’s popularity continues its rise, this time with the expectations of the upcoming Super Representative elections that will make the construction of self-governed community possible for the token. As it was expected, this milestone has generated a large number of assumptions among which there is the possibility of recovering the bullish performance after the deployment of the elections.

As we know, Tron (TRX) has been working incessantly on building up solid relationships with the most remarkable institutions of the finance sector, and this is precisely one of the things that may be interfering on the price recovery after elections on June 26.

The most recent achievement of the token has been the collaboration with the well-known exchange Binance, a network that besides offering support for the token after the migration on June 24th, also listed the coin with a new pair that may boost the liquidity of TRX, the TRX/USDT pair.

The Likelihood of Tron’s Climb

The strategic alliance with Binance has definitely incredible chances of giving the TRX token a power to unlink from BTC, and as a result, this may have repercussions on the price of the coin. Let’s recall that Binance possesses the bulkiest wallet in the world, offering Tether as a coin option, which of course, with the upcoming availability of the TRX/USDT pair give the Tron’s future a very bright look.

As a matter of fact, Bitcoin has a significant influence on other coins of the market since most of the transactions are primarily made using BTC, a fact that of course benefits the leader of the market. In this sense, BTC still has a great control over the Tron’s token TRX, but as it seems this may be changing soon with the help of USDT, which has expanded its share up to 18%.

Nevertheless, when it comes to coin’s behaviors, both Tron (TRX) and EOS are actually the tokens that despite the drops of the leader BTC, shows a strong resilience in the recent times (not this time, though). The concern that remains then is that the USDT pair may be adding artificially increased value to the coin later, which is something Tron still needs to solve.

At the moment of writing, Tron (TRX) occupies the number 10th position on the market, with a value per coin of $0.04365, and a 26.79% of the decrease in the last seven days, a number that proves how the token is suffering the dips of the sector. The coin is in green if we talk about the last 24 hours, though.

The Super Representative Elections

Tron has managed to make the elections a milestone to remember. In this case, the crypto has built a voting process based on its wallet with a perceptive and straightforward operation process. The big challenge will remain of freezing the TRX tokens of all of the exchanges and wallets out there completely, a fact because of which the company is thinking of building a wallet that can do both the freezing of the tokens and the allowance of the voting.

Despite the difficulties on this task, the company managed to include the TRX asset in the hardware storage, an achievement that even granted the Tron team with an open congratulation message from the Ledger team. Another reason why Tron might get on the bull run after June 26 is, its Main Net is still in beta and will settle on June 25th.

The migration of ERC20 TRX to Tron’s native Mainnet is scheduled to happen between June 21st to June 25th. As the Main Net, Odyssey 2.0, settles down, the community’s confidence in the project will affirm too. Like this, it is expected that the project gets spread to many more investors after 26th of June.

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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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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore
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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Altcoins

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

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Aluna.Social
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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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CoinFlip
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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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