Tron (TRX) Becomes Accessible to US Institutional Investors via BitGo

BitGo, an institutional-grade investment services firm will be offering wallet and custody support for the 9th largest cryptocurrency Tron, according to the latest reports. The support for TRX will be added later this year that will make it available to institutional investors of the US.
Tron CEO Justin Sun took to Twitter to share his excitement with the Tron supporters,
“TRON is making some serious advances on increasing TRX accessibility for institutional investors. Thanks to BitGo, institutions can now trade TRX in the U.S.!”
With this addition, Tron will be joining 1000 other digital currencies like Bitcoin, Ethereum, ERC20 tokens, Stellar, Zcash among others that are already supported by BitGo, that provides security, compliance, and custodial solutions for blockchain-based currencies.
BitGo that is world’s largest Bitcoin processor reportedly transacts $12 billion every month. The company that has over 300 clients across more than 50 countries also offers insurance protection for digital assets. The wallet service of the company has over $2 billion in assets under management.
“Thank you BitGo for supporting TRX and making TRX available for institutional investors! BitGo recently announced that it now offers a $100 million insurance coverage plan for all crypto assets under its custody,” shared Tron Foundation. 
Just recently, BitGo revealed its plan to offer crypto insurance for cryptocurrency and digital assets that are being held in their Business Wallet through Lloyd’s of London. Custodial assets held by BitGo will be insured up to $100 million USD while allowing its Business wallet clients to purchase theft insurance and Lost Key Cover.
Mike Belshe, the CEO of BitGo, said:
“This is the most complete insurance offering in the industry. It is not always easy for some clients to understand under what circumstances their investments are insured and to what extent their loss would be covered. We are changing that by being more transparent than any other company about the terms of our coverage. Transparency and accuracy is essential for building trust in the market.”
Just last month, BitGo partnered with Genesis Global Trading, a Bitcoin over-the-counter trading platform in order to allow the company’s custody clients to execute internal settlements on the same day.
At the time of writing, TRX has been trading at $0.025 with 24-hours gains of 1.02 percent while managing the daily trading volume of $140 million.
The post Tron (TRX) Becomes Accessible to US Institutional Investors via BitGo appeared first on Coingape.
Source: CoinGape

Tron Foundation’s Justin Sun says their aim for 2019 is to educate people on why Tron is better of all tokens

Tron, the eighth-largest cryptocurrency on the CoinMarketCap list has been performing well over the past few days. The Tron Foundation’s CEO and founder, Justin Sun, has been actively promoting the BitTorrent token [BTT] and it has reflected in its growing popularity. In a recent interview with The Street, Justin Sun stated his vision for Tron and BitTorrent token in 2019.
Tron’s known aim is to decentralize the web, however, this year, Tron aims to educate people on the topic “Why TRON over anyone else?”. Sun informed:
“…we’re constantly improving the protocol to deliver a better experience for everyone. When we talk about decentralizing the web, we’re thinking longer term about returning privacy and ownership online to the people, so that it’s not concentrated in the hands of just a few very large companies.”
Sun has appreciated the effort of the community in embracing BTT and informed that this month, Tron Foundation will be distributing a number of BTT tokens for free through a token airdrop to the holders in places apart from the US and China. Sun also said:
“We will follow with a live streaming product in some markets later this year.”
Apart from the airdrop, like Tron community, the BitTorrent Community is also growing and is “is getting introduced to the TRON community, in particular, the 27 Super Representatives who govern the network’s ledger with the consent of our decentralized community”.
The founder opined on the adoption process and what could drive it. According to Sun, once people understand blockchain as a technology and not just as a scheme to get rich, adoption will increase. However, for that to happen, Sun said:
“Companies have to create use cases that make sense, and which benefit the global community.”
Sun concluded by saying that he wanted people to not think of the cryptocurrency market as a money-making idea and understand why tokens and projects stand out over other solutions and “whether they can stand the test of time”.
The post Tron Foundation’s Justin Sun says their aim for 2019 is to educate people on why Tron is better of all tokens appeared first on AMBCrypto.
Source: AMB Crypto

Are TRX Prices Dumping Because “Changpeng Zhao and Justin Sun are Scheming”?

Tron prices slide, drop 9.7 percent in last week
Binance receives a 2-Star Ratings at Trust Pilot
Transactional volumes low, averages at 12 million

BitTorrent, Tron, and Binance are in recent days synonymous. It is because of this that a user thinks Binance and Tron are colluding to defraud users. They are entitled to their opinion, but TRX prices are dropping, down 9.7 percent in the last week.
Tron Price Analysis
Hours after a successful BitTorrent (BTT) airdrop and TRX prices are sinking. Well, this was not in the script and against everything expected by traders. Although BitTorrent and the Tron Foundations will be distributing 10.1 percent of the 990 billion BTT tokens in six years through airdrops, BTT prices should be readjusting to the extra demand by shrinking while the need for valuable BTT tokens should automatically pump TRX prices.
It is logical, but that is unfortunately not the case. For the second straight day, TRX prices have been dropping and risk reversing gains of late and early this month. TRX inability to pump also coincides with new accusations that Binance and Tron are a letdown when important matters are in play. Case in point is the latest BTT ICO. During this time, keen-eyed would be investors noticed that Binance Launchpad did sell 28.44 percent of all the tokens before the official start.
In a medium post, he claims excuses from Binance and Tron was a complete betrayal while “CZ and Justin Sun whose permanent smile in the profile picture” looks like a mockery to those investors who missed out.  He adds that “Binance is quite a young company and its decency is yet to be confirmed by history.” Binance now has a 2-star rating at Trust Pilot.
Candlestick Arrangements

Meanwhile, TRX is dropping like a stone. After a BTT induced pump, TRX is finally finding fair value. Even though we are bullish on TRX expecting prices to rally above 3.1 cents and later 4 cents as users demand for TRX in preparation for free BTTs, any drop below the double bottoms of Jan 20-21 could see prices sink towards 2.1 cents as our previous TRX/USD trade plans are rendered invalid. While aggressive traders can buy on pullbacks in lower time frames as prices correct towards the 2.1—2.4 cents zone, the best course of action is to wait for a full breakout above 3.1 cents as emphasized before.
Technical Indicators
Recent averages stand at around 12 million. That is low and pales in comparison with those of Feb 4—42 million versus 17 million. Since we are bullish, TRX prices must first print and close above 3.1 cents of Jan 27 highs complete with above average volumes above 12 million and even 42 million. Such expansion will signal buyers ushering in bulls aiming for 4 cents and higher.
The post Are TRX Prices Dumping Because “Changpeng Zhao and Justin Sun are Scheming”? appeared first on NewsBTC.
Source: New

Tron Founder Justin Sun Marks the Latest Recipient of Lightning Torch

Today, Tron founder and BitTorrent CEO Justin Sun tweeted that he is the latest participant of the Lightning Torch network. From Twitter founder, Jack Dorsey to big names in the crypto industry, the torch has been relayed globally.

Recently, it found its way to the Binance CEO, Changpeng Zhao who advocated Tesla CEO, Elon Musk to be the next participant. For now, Musk is silent on this proposition who has been tagged by many Lightning Network supporters.

The relay transaction that has been circulating since January was also bounced to Twitter CEO Jack Dorsey. Dorsey appreciated the “cool example” of Bitcoin Twitter experimenting on Lightning Network.  

Just recently Dorsey had an interview with podcaster Stephen Livera and shared his plans to integrate Bitcoin with Square’s mobile app.
“It’s not an ‘if,’ it’s more of a ‘when,’ and how do we make sure that we’re getting the speed that we need and the efficiency.” He further added, “We don’t think it stops at buying and selling [bitcoin]. We do want to help make happen the currency aspect.”
Other notable torch-bearers have been Bitcoin advocate, Andreas Antonopoulos, and Blockstream Chief Strategy Officer, Samson Mow.
In Lightning Torch’s journey around the world, a few transactions have also been “stolen” as someone who received the torch, instead of passing it onto someone else, keep it with them.
Lightning Torch was first initiated by Hodlonaut that involves a Bitcoin transaction sent between nodes on the Lightning Network. Here each one adds 10,000 satoshis and the pass it on to the next.
Over the past few months, Lightning Network has grown tremendously as currently, it has over 6,100 nodes with a network capacity of 661 BTC, according to the data provided by 1ML.
The post Tron Founder Justin Sun Marks the Latest Recipient of Lightning Torch appeared first on Coingape.
Source: CoinGape

Crypto Feud: TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count

Since late November of last year, Bitcoin and the majority of other crypto assets such as Ethereum or Litecoin have continued to plummet to new lows. However, TRON, a cryptocurrency aimed at “decentralizing the web” has experienced solid and steady growth in value.
TRON’s positive price action was due largely in part to an upcoming airdrop for the new BitTorrent Token launching on the TRON blockchain as a TRC-10 token, along with a major developer conference featuring celebrity appearances from the likes of Kobe Bryant and more. The constant marketing hype and promotion put forth by TRON founder Justin Sun and the recent buzz TRON has experienced has earned Sun more followers than Ethereum creator Vitalik Buterin – something that Sun immediately took the opportunity to rub in Buterin’s face.
Justin Sun Rises In Twitter Followers, Sets Off To Rub it in Buterin’s Face
Hype machine Justin Sun created his Twitter account in August 2017 to help promote his new cryptocurrency TRON. The outspoken founder has earned himself a reputation for making announcements of announcements, which has also seemingly earned him a large Twitter following – one that rivals that of Ethereum co-founder Vitalkin Buterin.

Now we are both 832k. We started six year after you but we always know it is never too late. @VitalikButerin #TRON #BitTorrent #TRX #BTT
— Justin Sun (@justinsuntron) February 10, 2019

Except Buterin’s Twitter account was started back in May of 2011, and features 3 times the tweets that Sun has amassed on the social media soapbox. By that comparison, Sun is right to be proud that his Twitter antics have amounted to a larger follower count than his peers. However, Sun took the opportunity to rub it in the face of Vitalik Buterin, co-founder of Ethereum and someone who often speaks out against TRON.
Just days ago, Buterin even referred to it and EOS as “centralized piles of trash.”
Related Reading | Tron Fundamentals Continue to Strengthen With New Exchange Partnerships
Twitter followers of both were quick to denounce Sun’s public dig at Buterin, and the continued public social media feud between the two crypto industry figureheads.

You should compare dick sizes next.
— A v B (@ArminVanBitcoin) February 11, 2019

Origins of the TRON and Ethereum Crypto Twitter Feud
While Sun’s sucker punch may seem like it came out of left field and was unwarranted, he has been on the receiving end of many negative remarks made by the Ethereum creator.
No comments were more confrontational than Buterin’s response to an infographic Sun posted highlighting the ways why “TRON is better than ETH.” The tweet listed seven potential reasons, and Buterin followed up with an eighth point suggesting that TRON had plagiarized the Ethereum white paper Buterin had personally penned.

8. Better white paper writing capability (Ctrl+C + Ctrl+V much higher efficiency than keyboard typing new content)
— Vitalik Non-giver of Ether (@VitalikButerin) April 6, 2018

Since that moment the two have repeatedly exchanged blows across ‘Crypto Twitter’, with no signs of a ceasefire in sight.
Related Reading | Justin Sun’s Tron “Marketing Stunt” Draws Sharp Reply Form Vitalik Buterin
In fact, we may not have heard the last from Sun, who is claiming he has a “secret campaign especially for” Buterin he’s going to launch on Valentine’s Day. No, it’s not a box of chocolates or flowers, and Sun later revealed that TRON’s Valentine’s Day campaign is somehow tied to late Cypherpunk legend Hal Finney – who is often said to be the person behind the Satoshi Nakamoto pseudonym.
The post Crypto Feud: TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count appeared first on NewsBTC.
Source: New

Game of Trolls: Justin Sun Sets Up Valentine’s Day Surprise Especially for Vitalik Buterin


Game of Trolls: Justin Sun Sets Up Valentine’s Day Surprise Especially for Vitalik Buterin

Buterin and Sun seem to continue trolling one another. This time, amid the upcoming Saint Valentine’s Day, Tron founder is preparing some surprise for Ethereum creator.

Game of Trolls: Justin Sun Sets Up Valentine’s Day Surprise Especially for Vitalik Buterin

Continue reading at Coinspeaker
Source: CoinSpeaker

Ethereum [ETH] Recaptures 2nd Position While Tron Founder Just Can’t Stop Gloating

The 2nd position is reclaimed by Ethereum as it overthrows XRP. With a market cap of $12.6 billion, Ether is trading in the green at $120. While, Tron founder, Justin sun can’t stop taking another jab at Buterin after he announced the special campaign for Buterin in Valentine’s Day.
Ethereum reclaims its 2nd Spot
After losing the 2nd spot to XRP, Ethereum has reclaimed the position. With a market cap of $12.6 billion, Ethereum is a step above XRP by about $103 million.

Source: Coinmarketcap
At the time of writing, Ethereum has been trading at $120.39 with 24-hours gains of 1.29 percent. In the BTC market as well, it is up by 1.58 percent. It is currently managing the daily trading volume of $3.25 billion.
After hitting its lowest point of the year at $83.30 in mid-December, Ethereum went up to $157.97 in early January. However, last week Ethereum has been trading around $100 only to spike along with the rest of the crypto market led by Litecoin’s 30 percent gains. Currently, Ethereum is down over 90 percent from its all-time high at around $1,440.
Source: Coinmarketcap
Ethereum community is currently waiting for its Constantinople hard fork which is scheduled for late February. Also, according to the recent research by LongHash, only about 10 percent of the Ethereum Dapps are active today i.e. 180 out of 1812 of Ethereum Dapps. Despite this, the Ethereum price has been holding on its own and stayed above $100.
Justin Sun Beats Vitalik Buterin
Meanwhile, Tron Founder, Justin Sun is not letting go of any opportunity to point out that they are actually gaining momentum over Ethereum or its co-founder Vitalik Buterin.
Sun has one-upped Buterin when it comes to Twitter followers despite being six years younger as Sun ha snow 834k followers.

This isn’t anything new as both Sun and Buterin never misses a chance to take a jab at each other as one crypto enthusiast quipped, “It’s dope to find out they talk on a daily basis….I’d love to see these two come together and collaborate….”
While another one had this to say, “I look at these companies like a Coca Cola vs Pepsi. Both will prevail ETH and TRX.”
Recently, Sun had taken another jab at Buterin over choosing  BitTorrent, now acquired by Sun, as the proven long-lasting use case of decentralized application.

Thank you @VitalikButerin for standing out! I have a secret campaign especially for you in #ValentinesDay! Don't forget to join it! #TRON #TRX $TRX #BitTorrent #BTT $BTT
— Justin Sun (@justinsuntron) February 9, 2019

Well, Vitalik didn’t go either and gave one right back.

Note for the uninitiated: yes I am making fun of twitter coin shills who are taking my tweet about VPNs and bittorrent out of context.
— Vitalik Non-giver of Ether (@VitalikButerin) February 10, 2019

The post Ethereum [ETH] Recaptures 2nd Position While Tron Founder Just Can’t Stop Gloating appeared first on Coingape.
Source: CoinGape

Ethereum [ETH]’s Vitalik Buterin and Tron [TRX]’s Justin Sun’s Twitter war takes an interesting turn

Vitalik Buterin, the creator of Ethereum, the third largest cryptocurrency in the space, has rebutted to the recent statement made by Justin Sun, the CEO and Founder of Tron Foundation.
Last week, Justin Sun had shown his “gratitude” to Vitalik Buterin on Twitter for speaking about the use-case of BitTorrent. Along with this, Sun added that there is a Valentines Day gift waiting for the creator of Ethereum.
Buterin had previously commented that BitTorrent has a real long-lasting use case for decentralized applications, besides Bitcoin. He had also quoted peer-to-peer technology as an example of a metagame success.
Vitalik Buterin soon retaliated to Sun’s statement. He said on Twitter:
“Entropy! Did I hear entropy? Well I happen to be making an ICO coin called Entropy Token, and it looks like $elonmusk supports it! Buy $ETT #ETT 𝄞ETT! Whitepaper soon!”
Source: Twitter
He further added:
“Note for the uninitiated: yes I am making fun of twitter coin shills who are taking my tweet about VPNs and bittorrent out of context.”
Interestingly, it was soon pointed out that a project named Entropy already exists in the space. Succeeding this, Buterin said, “So turns out “Entropy Token” actually exists….. Cryptocurrency rule #34: if it exists there’s a token of it?”. He further clarified that neither him nor Elon Musk “support” the holding of such coins, adding that “at least if my mental model of @elonmusk is accurate”.
Nonconsensualpoetry, a Redditor said:
“They should settle it with a game of hungry hungry hippos.”
LongDogg699, another Redditor said:
“I would really like to see fannie may hocolates somehow incorporated into this valentine’s day campaign”
Notably, this is not the first time the two have had a face-off on the social media platform. Prior to this, Sun had spoken about Ethereum’s shift to the Proof-of-Stake algorithm from the Proof-of-Work algorithm. Here, Sun welcomed Buterin to the PoS family and also congratulated him for its advancement.
The post Ethereum [ETH]’s Vitalik Buterin and Tron [TRX]’s Justin Sun’s Twitter war takes an interesting turn appeared first on AMBCrypto.
Source: AMB Crypto

Tron Price Analysis: BitTorrent Paying Dividends, TRX Suppressed

Tron prices steady but under heavy sell pressure
BitTorrent surge 1,000 percent days after ICO
Transaction volumes low but likely to increase

Even with sellers threatening to reverse gains, TRX is stable above a critical support level as it trades within a bullish breakout pattern. With BTT rising demand and astronomical volumes, TRX will be the main benefactor.
Tron Price Analysis
BTT is finally retracing allowing more investors as well as believers to “catch” the token at a discount. While the ride may just be starting, it is the right time for traders to get off the bull ride and re-load. That means fine-tuning entries in lower time frames and preparing for the next leg up, a reminiscent of the now distant glory of late 2017.
It will also be another opportunity to pile up profits despite BTT ballooning 1,000 percent a few days after launch. These price swings show how shrewd and ingenious the Tron Foundation and Justin Sun were when they sunk in $120 million, gambling with a law-breaking protocol.
Early—but limited adopters–are now reaping benefits. Besides, there is a contagion effect, and TRX–whose owners will receive airdrops in the next six years, will undoubtedly receive a boost as BTT demand increase.
Candlestick Arrangements

Currently, TRX is changing hands at around 26 cents, but prices are all over. Because of BTT bull injection, we expect TRX to expand. However, prices remain steady above 2.5 cents and trending below pre-ICO rates.
All the same, our medium-term trajectory has been set, and as long as bulls maintain TRX prices above 2.5 cents, every low should be a buying opportunity for risk-off traders aiming at 4 cents. If not, and TRX prices slide as dropping BTC prices weigh negatively on BTC, then traders ought to exit their longs once bears breach 2.3 cents–the lows of the double bar bull reversal pattern of Jan 20-21.
Before then, risk-averse traders should set up their trades as laid out before. Triggers remain at 3.1 cents or Jan 27 highs, and upon activation, targets will be modest at 4 cents and later 6 cents.
Technical Indicators
Volumes are thin but rising. As expected, participation levels dropped at Feb 4 upswings—42 million versus 17 million. All we need is a confirmation of this bull bar with heavy sell pressure—notice the long upper wick. Lifting prices above 3 cents confirming Feb 4 bulls should be high volumes exceeding recent averages of around 15 million and 42 million of Feb 4. Those will be the hallmark of bulls hinting of resumption.
The post Tron Price Analysis: BitTorrent Paying Dividends, TRX Suppressed appeared first on NewsBTC.
Source: New

Tron [TRX] should to be stayed away from, SEC insider warns ChaChing’s Thomas Schulz

In what could be a sign of the troubles Tron may face, ChaChing Wallet’s CEO Thomas Schulz has claimed that he has received some ‘advice,’ requesting him to stay away from Tron. This development follows days after Tron and its community members were publicly slammed by Craig Wright on Twitter.
Craig Wright, notable for his not-so-diplomatic outbursts and takes on rival projects, had just slammed Tron as a ‘retarded project’ while also calling the many who support TRX ‘dumber than dirt’ recently.
According to Schulz, the advice which came to him from the well-connected United States Securities and Exchange Commission [SEC] insider simply asked him to “Stay away from Tron”. Whether this is true or not isn’t certain, but Schulz’s tweet caused quite a reaction online, with some suggesting this is part of another smear campaign launched against the Tron project.
Source: Twitter
And while Schulz outrightly dismissed his tweet being part of a smear campaign, he did emphatically state that Tron isn’t a fruitful project.
Source: Twitter
Schulz was, however, forthcoming to a lot of questions raised following his tweet. For instance, there were many who pointed out how the SEC would have jurisdiction considering Tron was a Chinese corporation, to which he replied:
“They have an office in the United States (San Francisco) & have US citizens holding a coin that could arguably be a security. Not to say that these are the reasons, but I’m merely reporting what I was told & the source was credible.”
What this warning/advice would mean for the Tron project and its community is unclear. However, if one were to believe it to be true, it puts American citizens who hold TRX coins at risk. And while Schulz has stated that he doesn’t know why the SEC would take any action against Tron so soon after the end of the government shutdown, he does suggest that it could be because there are American citizens holding a coin that is arguable security.
Source: Twitter
Schulz has also dismissed allegations of this ‘warning’ being an instance of insider trading as in his mind, it didn’t count as financial advice.
Finally, Schulz has also dismissed the notion that he’s spreading Fear, Uncertainty, and Doubt about Tron by stating:
“I can see the perspective of how this could be classified as FUD. I just know I’d regret/feel bad for not sharing information that came my way.”
The post Tron [TRX] should to be stayed away from, SEC insider warns ChaChing’s Thomas Schulz appeared first on AMBCrypto.
Source: AMB Crypto

Tron [TRX] prepares for tougher battles as DApp weekly report gives complete details

The cryptocurrency market’s volatile behavior has only been matched by the sheer number of updates and developments from different rosters, with Tron [TRX] being a stellar example. The latest Tron DApp Weekly report released by the Tron Foundation talks about multiple steps taken by the organization to propagate the cryptocurrency as well the industry as a whole.
The Justin Sun led company has mentioned that the final report before the auspicious Chinese Lunar New year aims to inform users about the DApp developments as well as the later steps the company plans to take. The report states that the number of Tron’s Dapps has increased from 0 to 180. According to statistics, a total of 7 DApp Stores have set up dedicated sections for Tron Dapps and these stores are Tron.dapp, DappRadar, Dappreiew, Spidersotre,, and Dapp.bird. It further detailed that:
“…on DappRadar, 30 DApps from Tron and EOS topped the DAU chart and none of Ethereum’s DApps made it to the top 30. In terms of DApp trading volume, through Tron tied with EOS in the recent month, the trading volume of Tron’s DApps reached its peak on January 16 and the number was 328% that of EOS on the same day.”
In terms of the UX developed by Tron, the Foundation has said that the upcoming DApp will be called TRONCRAFT, a FOMO game with the release date stipulated to be January 30. Details from the report create a picture of benefits being given to users who jump on the TRONCRAFT bandwagon first.
Another update pointed out by Tron is the DApp Cooperation, mainly the Tron Candy Box which is a collaboration project of Prochain and Tron. The Tron Candy Box which was launched this week is developed by Prochain based on the Tron MainNet, a DApp that allows users to receive a variety of Tron candies for free.
Tron was also in the news recently when it was announced that 5000 BitTorrent tokens had been through a successful airdrop to users. Justin Sun had tweeted:
“I would like to explore the possibility with @binance to giveaway free $BTT to everyone on launchpad fails to get #BTT today. #BitTorrent community wants you! Not 100% guarantee. Need to figure out detail. BUT RT if you agree! @cz_binance #TRON $BNB $TRX”
The post Tron [TRX] prepares for tougher battles as DApp weekly report gives complete details appeared first on AMBCrypto.
Source: AMB Crypto

Binance Partners Simplex to Allow for Credit Card Purchases of Major Cryptos


Binance Partners Simplex to Allow for Credit Card Purchases of Major Cryptos

Binance has partnered with Simplex in a move that is seen to bridge the gap between digital and fiat currencies enabling credit card holders to purchase major cryptos directly.

Binance Partners Simplex to Allow for Credit Card Purchases of Major Cryptos

Continue reading at Coinspeaker
Source: CoinSpeaker

BitTorrent (BTT) Rises Sixfold As Majority of Altcoins Are Drowning


BitTorrent (BTT) Rises Sixfold As Majority of Altcoins Are Drowning

Bittorent token (BTT), together with Binance coin (BNB) and Bitcoin (BTC) trading went live on Binance, one of world’s largest and most popular crypto exchange, which has an exclusive agreement with Tron’s Justin Sun, on 31th of January at 10 UTC.

BitTorrent (BTT) Rises Sixfold As Majority of Altcoins Are Drowning

Continue reading at Coinspeaker
Source: CoinSpeaker

Tron and Binance Coin Make Big Gains Ahead of the BitTorrent Token Sale


Tron and Binance Coin Make Big Gains Ahead of the BitTorrent Token Sale

Binance Launchpad, the exclusive token launch platform of cryptocurrency exchange Binance, is launching the token sale of BitTorrent (BTT) on January 28, 2019, at 3 p.m. UTC.

Tron and Binance Coin Make Big Gains Ahead of the BitTorrent Token Sale

Continue reading at Coinspeaker
Source: CoinSpeaker

Tron [TRX] Crushing the Bear Market with over 10% Surge, Grabs 7th Position

With over 10 percent gains, Tron is leading the prices in the crypto market while defying the bears. This surge led Tron to briefly climb above Litecoin and Stellar. Meanwhile, according to the Dapp market report of 2018 by, Tron is the most ambitious in this field.
Tron Defying the Bear Market
Tron (TRX) is the only top cryptocurrency in the market which is green at the moment and that too by a good percentage. At the time of writing, Tron has been trading at $0.0297 with over 10 percent surge in the past 24-hours.

Tron price chart, Source: Coinmarketcap
This much surge in price took Tron briefly on 7th position, well above Litecoin (LTC) and Stellar (XLM). Tron founder Justin Sun took to Twitter to share this moment with the community as he said,
“According to CoinMarketCap, TRON ranked 7th, the price of TRX is $0.02990, market value reached $1.993B which exceeded that of LTC and XLM. Go TRON.”

Tron has surely got the attention of the crypto market as one trader shared,
“Tron is Looking good with plenty of volume looking to push higher Sats today. In over 21 years of trading Stock Options and Crypto I haven’t seen anything move like this in a Bear Market.”
Tron is also the top gainer of today, at least for now which is followed by Holo, Zilliqa, and Bancor that are up by about 5 to 8 percent.
Also, BitTorrent BTT is exclusive coming on Binance Launchpad Tomorrow as announced by Sun,

Tron Leading the Dapp Market as well
Apart from leading the crypto price market right now, Tron is crushing it in the Dapp market as well as stated by the 2018 Dapp Market Report by According to this report,
“The booming betting dapp market was mainly contributed by EOS and TRON, the two high-speed DPoS blockchains built for decentralized apps.”
With the launch of $2 billion Project Genesis launched in the second half of the year, it has been the “most ambitious in the dapp field.” The report further mentioned the $100 million spent on TronArcade for the promotion of Dapp ecosystem which is further driven by the Super Representatives (SR) of the cryptocurrency.
“Many of the SR participants were formerly game developers, and we can expect more high-quality game production on TRON in 2019.”
It further noted that the early dapp developers of Ethereum are now moving to Tron like Ether Goo among other various “Farm Games (idle games).”
The post Tron [TRX] Crushing the Bear Market with over 10% Surge, Grabs 7th Position appeared first on Coingape.
Source: CoinGape