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TRON (TRX) Starts New Giveaway, and the prize is a ‘Dream Home’

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TRON
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Justin Sun, the creator of TRON (TRX) surprises this cryptocurrency’s supporters with yet another giveaway. This time, Sun is planning on gifting crypto enthusiasts with a ‘Dream home’.

TRON gives away a dream home

TRON (TRX) is coming closer and closer to the most important date in its history thus far, with only two weeks standing between it and its MainNet launch. Combine that with rumors that TRX might be listed on Coinbase, and it is clear that big things are coming its way.

This is not the first time that TRON is accompanying important events with a giveaway, and only last December, the team behind it tried to pull off this same tactic. Back then, the giveaway included Mercedes-Benz and a Maserati. The new one includes a dream home, which Sun personally announced on his Twitter.

The previous giveaway announcement was largely criticized by many Twitter users, who also commented that the participants of the giveaway should truly include less fortunate citizens as well. Apparently, TRON’s regular token holders never win much, with its giveaways being saved up for the elite members.

This time, however, the prize is much bigger than anyone would have guessed – an entire mansion.

While the first giveaway came out at pretty much the same time when TRON was listed on Binance, it is largely believed that it was just a part of TRX promotion. Sun wanted as much attention on his tokens as possible, and it worked. The price went from only a part of a cent to $0.2.

Big things might be coming

Now, the new rumor is circling around, and this one says that TRON might be coming to Coinbase as well. This is a big news for TRX, especially since the MainNet is only two weeks away. It is not that surprising that Sun wants as much attention as he can get this time, hence the dream home. And, of course, if Sun is truly trying this hard to get attention to his token, then you know that something big is coming.

Of course, not everyone is thrilled with the news of the giveaway. There have also been some who were able to see past the prizes, and they commented on their unfairness towards regular people. According to them, a regular person would never be able to afford paying taxes for such a mansion, or proper maintenance for expensive cars, which makes the entire system flawed.

The giveaway tactic is just that – a tactic. A lot is expected to come TRON’s way in the near future, and the team behind it wants more investors, as well as more investments from the already-existing investors. Still, many believe that the team should focus their efforts on making TRON’s tech as best as possible, instead of giving away prizes that regular people could never afford to have, even if they won them. Building the product is more important.

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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 investor s 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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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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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crypto credit cards
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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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