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Tron (TRX) on a roll as more than 70 exchanges list the crypto now - Global Coin Report
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Tron (TRX) on a roll as more than 70 exchanges list the crypto now

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Tron TRX
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It becomes more evident Every time as to how Tron (TRX) is taking the strongest steps in the industry to set a milestone and differentiate from others, a fact that without any wonder the token is already taking care of. One would think that after a long-awaited launch of the Main Net and all of the work that got implied in such ambitious project, the company would take some time before jumping on another bold objective, but that’s certainly not the case of this crypto.

Justin Sun, CEO of the company has been working tirelessly to consolidate the presence of the coin in the market and improve its performance as one of the top cryptos in the industry. Like this, it has developed an exceptional partnering work that for sure forecasts the token as the next big thing.

It seems like going unnoticed is definitely not a characteristic of the moves that Sun has set for the current 10th coin of the market. The businessman recently managed to partner with three cryptocurrency exchanges in just 48 hours, a fact that besides being huge, places the coin as one of the most well-received in the world, and the one that is currently listed in 70 exchanges in total now. The Tron team knows no stopping. Let’s see how it goes.

The most recent alliances of Tron

BitForex partnership

It is the most recent partnership announcement that Justin Sun made on his Twitter account. Sun’s tweet regarding the Tron’s partnership with BitForex, reads,

BitForex is an influential crypto exchange based in Singapore with registration in the Seychelles and presence in countries such as Germany, Hong Kong, and the Philippines. In addition to the newly listed TRX token, the exchange lists another ten cryptos among which there is Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, NEO, ABBYS, THEMIS, and others.

Shiftmarkets partnership

Tron has just entered a global market by forming an alliance with the leading FX market company, Shiftmarkets. Through the partnership, both companies expect to bridge the gap between the two sectors by offering Contract For Difference liquidity and deliverable assets.

In relation to this, the CEO of Shiftmarkets who happens to be none other than the crypto gurú John McAfee said that the company is very “excited to bridge the gap between the FX and crypto markets with a popular and exciting project like TRON.” He continued by saying the FX demand has been mostly acclaimed and that after this collaboration he expects a more notable interaction between the two market sectors.

OTCBTC partnership

The Chinese exchange OTCBTC partnered with Tron a couple of days ago to provide support in the migration from the protocol ERC-20 of Ethereum. Like this, all of the holders of the token can deposit their TRX ERC-20 tokens on the exchange before June 21st, and this will represent insurance for their funds after the protocol migration and the coming representative elections.

OTCBTC is one of the largest exchanges in Asia offering trading services with several cryptos among there is TRX which can be bought through fiat currencies such as Yuan or USD and with available trading pairs like TRX/BTC and TRX/ETH.

D2F partnership

On June 26th, Tron (TRX) will deploy the Super Representative elections in which the self-governed community of the company will be set to shape and establish Tron’s future. Regarding the Tron (TRX) D2F partnerships, the official announcement that came from Justin Sun in form of a tweet (as in most of the cases), reads,

Final Words

Exactly as Mr. Sun keeps establishing over social media, it seems like Tron “never sleeps.” All of the recent partnerships and moves from the company can only be an indicator of its enormous potential growth in the coming days.

The TRX token is now listed in more than 70 crypto exchanges around the world and has over 100 TRX pair options to trade with. Whether it will be a fast or slow success remains a question; however, we can be sure that great things are coming for the crypto. Stay tuned!

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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 Pxhere.com

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Top 3 Crypto Trends That Might Go Big in Q2 2019

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crypto trends
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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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