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Tron’s titanic partnerships could see it jump above $16 before the year closes

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According to CoinMarket Cap, Tron (TRX) is worth $0.03840 with a market capitalization of $2.5 Billion, at the time of writing. The cryptocurrency is making waves, and its recent partnerships could see its value move way-above its current price, and maybe to a price mark of $16.48 in the near future. Let’s see how.

Tron’s strides and partnerships

Recently, Tron got featured on Changelly, which is one of the top cryptocurrency exchanges in the world. As a result of this partnership, Changelly officially endorsed the TRX and US dollar trading channel on its platform. Furthermore, users can use their credit card to buy TRX on Changelly. Justin Sun, the CEO of Tron states,

Changelly has made remarkable contributions to the promotion of cryptocurrency globalization. With numerous fans and users around the world, TRON’s cooperating with Changelly will enable more people to understand and use TRX. Meanwhile, TRON’s large number of users will also give Changelly a boost to the development and popularization of digital assets.”

The cryptocurrency is not stopping anytime soon, Tron has more than eight new plus mega partnerships and more than 16 partnerships total that could see its price spike high before the year ends. There have been strong speculations for quite some time now that Tron could partner with Twitter soon (perhaps that’s the secret project Tron is going to reveal at the end of this month). Not too long ago, Pornhub, Brazzers, and numerous exchanges such as Binance and others embraced Tron (TRX).

Tron partnered with China’s Netflix, which has more than 200 million users worldwide. In regards to the partnership, Justin Sun said this on his Twitter page:

We TRON are proud to announce the partnership with Baofeng group. Baofeng, aka Chinese Netflix, boasts more than 200 million users as a video portal giant and has achieved 8 billion CNY listing in Shenzhen stock exchange (300431.SZ).”

Tron has also partnered with an app called Gifto – a live streaming app. Tron is becoming a global cryptocurrency to invest in; this can be attributed to the immense effort that the team has put in to make sure the cryptocurrency is where it is today.

Of course, the recent acquisition of BitTorrent by Tron will help steam the value of the token, TRX. That’s something we can’t take lightly. BitTorrent has more than 100 million active users, which means the cryptocurrency now has the ‘direct access’ 100M more users. In the end, more liquidity.

It is important to know that Tron released its MainNet about three months ago and during its recent conference, Justin Sun spoke on the accomplishment his team has accomplished with its MainNet. After Tron’s MainNet launch, it has achieved what Ethereum managed to accomplish in the last three years.

Besides, there have been lots of speculations that Tron will partner with Alibaba. Alibaba is a multi-billion dollar company owned by Jack Ma. We do know that Sun was one of the best students in Mr. Ma’s university, Hupan University.

Sun was the first millennial student to graduate from the University; in Tron’s team, there is Mr.Chen a close friend of Mr. Ma. Mr. Chen is one of the main people in team Tron, and we shouldn’t be surprised if we see a partnership with the multi-billion dollar company very soon.

Final Words

Tron’s price won’t be stagnant at the $0.038 price mark – there is going to be a big surge in the price very soon. With Bitcoin’s ETF that is said to be approved on August 16th, it could also propel Tron’s worth (as well as the value of other emerging altcoins). Tron is the most talked cryptocurrency on Twitter of recent times, and it can process more than 20,000 transactions within a second. Tron’s continuous strides and team-up with mega players will inevitably increase its value in the future, and this is the right time to invest in it.

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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 Maxpixel.net

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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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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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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