TRON Launches ‘BitTorrent Speed’ With Native Token Functionality

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TRON Launches ‘BitTorrent Speed’ With Native Token Functionality
Just recently, Tron announced the launch of their new download optimization software called BitTorrent Speed. Users of BitTorrent Speed will be rewarded in BitTorrent Token (BTT) in exchange for seeding and bandwidth.
TRON Launches ‘BitTorrent Speed’ With Native Token Functionality

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Source: CoinSpeaker

Justin Sun Went All Devious on the Expectation of Charity Lunch With Warren Buffett

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Justin Sun Went All Devious on the Expectation of Charity Lunch With Warren Buffett
Justin Sun donated $4.57 million via an auction for the Charity Lunch with Warren Buffett organized by Glide Foundation. Many are seeing Sun’s moves as an effort to bridge the distance between crypto space and skeptical Buffett.
Justin Sun Went All Devious on the Expectation of Charity Lunch With Warren Buffett

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Source: CoinSpeaker

Tron Independence Day: What Will Justin Sun Unveil During Livestream Today

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Tron Independence Day: What Will Justin Sun Unveil During Livestream Today
To celebrate TRON Independence Day, Justin Sun will hold livestream to summarize the achievements of the year and to reveal the plans for the future.
Tron Independence Day: What Will Justin Sun Unveil During Livestream Today

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Source: CoinSpeaker

Tron CEO Justin Sun Pays $4.5 Million for the Right to Dine with Warren Buffet

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Tron CEO Justin Sun Pays $4.5 Million for the Right to Dine with Warren Buffet
Justin Sun bids over $4.5 million to have a power dinner with the Oracle of Omaha, Warren Buffet, in an auction aimed to raise money to help the needy and drug addicts in San Francisco.
Tron CEO Justin Sun Pays $4.5 Million for the Right to Dine with Warren Buffet

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Source: CoinSpeaker

TRON re-enters top-10 as Justin Sun announces big reveal on June 3

Bitcoin [BTC] sluggish below the $9,000 mark on the back of the most successful month-on-month gain since December 2017 has given way to the rise of the altcoins. Tron [TRX] is firmly leading that altcoin rise, given the current market conditions.
The Justin Sun-led cryptocurrency has now amassed a massive 17.41 percent price gain in the past 24-hours as the founder hinted at an imminent big reveal. The first inkling of this mention was on May 31, with Sun stating that something “huge and amazing,” was in store for Tron and BitTorrent, and that his stake in the same was “70%.”
Sun’s ‘announcement of an announcement of an announcement’ read,

Something huge and amazing going about #TRON and #BitTorrent. I will share with you after June 1. I think I have 70% to win and nail it. Fingers crossed! $TRX $BTT
— Justin Sun (@justinsuntron) May 26, 2019
Following up the above tweet, Sun, without mention any further details stated that “I did it,” adding that this accolade was yet another ‘big win for the blockchain community,’ while not mentioning or even hinting at any concrete decisions taken.
Sun’s announcement of an announcement’ read,

I did it! Big win for the #blockchain community! Big reveal June 3. Stayed tuned! #TRX $TRX $BTT #BTT https://t.co/C2ZcINfcKb
— Justin Sun (@justinsuntron) June 1, 2019
Despite many in the crypto-community dismissing this ‘announcement of an announcement’ primed on enticing investors to purchase the cryptocurrencies without any concrete reason to point to, the price pushed ahead. Justin Sun, the master marketer, managed to amass a double-digit price gain, even as the king coin traded sideways and propelled TRON into the top-10 with just two tweets.
Source: Trading View
Prior to the two announcements, the coin was trading at $0.03 on May 30 and rose steadily to $0.036, a consistent 20.65 percent price gain in over 30 hours. The first correction dropped the price to $0.035 prior to a move up to $0.038 a 10.13 percent gain in less than 2 hours as anticipatory bulls buoyed the TRX market. At press time, the now 10th ranked cryptocurrency is trading at $0.039, its highest price since July 2018.
Market capitalization reflected the same, as TRON added over $600 million to its overall valuation since the first domino of the announcement was made. Stellar Lumens [XLM] is now on the outside of the top-10 looking in trailing TRON by under $20 million, while Cardano [ADA] chase the duo by over $150 million.
BW.com and OKEx take the top two spots in TRX trade volume with 8.06 percent and 7.7 percent of trade respectively in the trading pairs TRX/USDT each. Other notable exchanges are Bit-Z, Huobi Global and Digifinex, however, the only exchange with “real” volume is Binance on the 11th spot with 3.59 percent volume in the BTC pair.
BitTorrent was also enjoying a brief bullish build-up as the cryptocurrency, on the 29th spot at press time inclined by over 7.7 percent in 24-hours, taking its weekly price pump to almost 40 percent.
Sun’s tweet highlighting TRON’s entrance into the top-10 read,

According to @CoinMarketCap, #TRX is back to TOP 10 with a recorded market capitalization of $2.59 billion! #TRON $TRX pic.twitter.com/Ae9CUjouQz
— Justin Sun (@justinsuntron) June 1, 2019

The post TRON re-enters top-10 as Justin Sun announces big reveal on June 3 appeared first on AMBCrypto.
Source: AMB Crypto

Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?

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Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?
In this post, by blockchain expert and professional tech researcher Gregory S Mathew, you’ll find what Initial Exchange Offering (IEO) is, how it differs from ICO and why this new fundraising model is widely considered to be crypto industry’s next disrupter.
Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?

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Source: CoinSpeaker

BitTorrent [BTT] Ranks Under Top 40 With Gain Over 29% Growth, BitTorrent on Moon?

Justin Sun’s Bittorrent (BTT) is gaining momentum on the weekend. The coin is presently soaring with 26.76 percent over the past 24 hours which makes it the 39th largest cryptocurrency in terms of market capitalization.
To remind, Tron founder and BitTorrent CEO Justin Sun on May 06, 2019 gave bold TRX and BTT price predictions. He strongly stated BTT will be back under Top 30 and TRX be back to Top 10 in June. However, at that time, BTT was spotted at No. 50 with about $130 million.
Nevertheless, at press time, BTT entered a top 40th position and stand at the 39th spot with average trading volume $223,471,253. BTT’s volume is currently soaring with 29.78% within the past 24 hours – and the value counts $0.001054 against US Dollar.
Sun had acquired BitTorrent in the year 2018, following which, Tron foundation announced BTT airdrop for TRX holders in February and recently on May 11, the firm announced the completion of 4th BTT airdrop. Seeing the present scenario and Sun’s challenge, it looks like the founder had a quite greater plan coming for both TRX and BTT.
While BTT stepped up its position from Top 50th to Top 39th, TRX still strives to enter top 10. TRX at the moment stands at 11th spot with trading volume $1,811,010,850. Along with BTT, TRX also soared by 3.58% within the past 24 hours.
In addition, According to Sun’s tweet, BitTorrent (BTT)’s launch on Tron network will take place in Quarter 2, 2019 – the similar time when Sun predicted his TRX and BTT will enter the zone of top 30 and top 10.
Source: Twitter
While Q2 is already coming to an end, it is really exciting to see whether Sun’s BTT will be stepped up under the top 30th zone.! Stay tuned with Coingape to know more about this.
Image Source – Shutterstock
The post BitTorrent [BTT] Ranks Under Top 40 With Gain Over 29% Growth, BitTorrent on Moon? appeared first on Coingape.
Source: CoinGape

Tron’s Justin Sun Offers Help to Binance Depositing 7,000 BTC

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Tron’s Justin Sun Offers Help to Binance Depositing 7,000 BTC
After the recent and most unexpected hack of the Binance exchange, in which 7,000 BTC were stolen, Justin Sun has publicly offered to donate 40 mln USDT to support the exchange and buy TRX, BNB, BTT and other coins with that money.
Tron’s Justin Sun Offers Help to Binance Depositing 7,000 BTC

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Source: CoinSpeaker

Tron [TRX] will be back in top-10 by June and BitTorrent [BTT] will be in the top-30 by Q2, claims Justin Sun

With the cryptocurrency market showing early signs of a bull run and Bitcoin [BTC] on the verge of breaking $6000, the collective community is buoyant. Tron Foundation’s Justin Sun is one of them.
In a May 7 tweet, Sun predicted that TRX will break into the top-10 next month, while BitTorrent [BTT] will surge into the top-30 by the second quarter of the year. His tweet read,
“#TRON will be back to Top 10 in June! #BitTorrent will be Top 30 in Q2! Let’s wait and see! #BTT $BTT $TRX #TRX”
Tron was booted out of the top-10 in mid-March following significant price pumps for Binance Coin [BNB] and Cardano [ADA]. The former was boosted by its parent exchange’s revamped lottery system and by the success of the Binance DEX, while the latter saw a slew of partnerships with a European blockchain association and Ledger, the hardware wallet.
It can be speculated that Sun’s optimism was sparked by Bitcoin’s imminent price push above $6,000 which, as historical data suggests, would result in a collective market upswing. However, Tron has been witnessing a slew of isolated successes as well.
Hours prior to tweeting the prediction, Sun announced that Tron reached a block height of 9 million. Following the launch of TRXMarket, the platform’s decentralized exchange, the community has been pegged as a source of good investment leading to positive price movements for the coin.
Further, the network saw notable growth in its DApps as well. According to Mischa Lederman, a popular Tron proponent, the Sun-led network launched 167 new DApps in comparison to just 122 by Ethereum and 81 by EOS. This data points to a 68 percent growth within the Tron ecosystem over the past two months.
Another positive piece of news for the network is the ‘end’ to the bitter rivalry with Vitalik Buterin’s Ethereum. In an April podcast, Sun stated that he planned to “collaborate with lots of Ethereum developers,” and although no specific date or project was mentioned, the partnership is speculated to manifest this year.
The post Tron [TRX] will be back in top-10 by June and BitTorrent [BTT] will be in the top-30 by Q2, claims Justin Sun appeared first on AMBCrypto.
Source: AMB Crypto

Musk Trolling Ethereum for Real or As a Result of SEC Decision?

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Musk Trolling Ethereum for Real or As a Result of SEC Decision?
Crypto-Twitter is known for its hysterics. Elon Musk challenged this fact when he just tweeted “Ethereum”, and it went in a frenzy as expected, being re-tweeted more than 3000 times in only 2 hours.
Musk Trolling Ethereum for Real or As a Result of SEC Decision?

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Source: CoinSpeaker

Tron Takes Over Blockchain App Store CoinPlay to Enhance TRX Ecosystem

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Tron Takes Over Blockchain App Store CoinPlay to Enhance TRX Ecosystem
Recently, TRON has partnered and acquired various leading firms in the blockchain arena in an attempt to create the best infrastructure for a practically decentralized Internet. Now the company takes over blockchain App store CoinPlay.
Tron Takes Over Blockchain App Store CoinPlay to Enhance TRX Ecosystem

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Source: CoinSpeaker

Tron Dives into Social Networking, Announces New BitTorrent Live Streaming Service

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Tron Dives into Social Networking, Announces New BitTorrent Live Streaming Service
New BitTorrent Live streaming service will let users create their live content and find other people with similar interests.
Tron Dives into Social Networking, Announces New BitTorrent Live Streaming Service

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Source: CoinSpeaker

Crypto Market Wrap: BNB and BitTorrent Token (BTT) Defying Sunday Correction

Crypto markets correcting this Sunday; Bitcoin Cash, SV and Crypto.com dumping, BNB, BitTorrent Token and Tezos still up.
Market Wrap
Crypto markets have started to pull back following their $6 billion pump yesterday. Sunday’s action has been somewhat slower as total market capitalization drops back below $140 billion and a selloff starts as day traders take profits.
Bitcoin could not hold yesterday’s high of $4,080 and has fallen back a little. BTC still remains above $4,000 but only just, this heavy resistance zone has proven very difficult to overcome. At the time of writing BTC is trading at $4,020 and volume has dropped below $10 billion indicating that the rally is running out of steam.
Ethereum has also fallen back below $140 after hitting a three week high of $145 yesterday. The 3.4% decline could accelerate losses back to the low $130 area where ETH traded for most of last week. XRP is also falling back but not as severely as Ethereum, closing the market cap gap up again.
The top ten is pretty much all in the red during the day’s Asian trading session. That is all except Binance Coin which is acting like a stablecoin again as traders drop their altcoins and convert back into BNB or USDT. BNB has currently bucked the trend and has made 4.5% today to reach $15.80 following lackluster performance yesterday. Bitcoin Cash is dropping the most after its huge pump yesterday as BCH falls 5% back to $150. The rest are dropping a couple of percent as the market corrects.
The top twenty is also showing losses across the board at the moment with Bitcoin SV the biggest loser with 5% shed. The rest are cooling off and dropping a percent or two.
FOMO: BitTorrent Token Testing Highs
There are no major pumps going on at the moment but the only altcoin in double digit gains is BTT which has climbed 12% on the day. The pump which started a couple of hours ago resulted in a volume jump of five times from $12 million to $64 million, most of which traded on Binance. The early access program has just been launched and more airdrops are approaching which could be driving momentum;

The Early Access Program is live! A randomized selection of our email list will receive an invitation to see the first build of BitTorrent Speed. Sign up with our email so you can be eligible for our next Early Access Test. $BTT #BTT https://t.co/6khNwfxYhR pic.twitter.com/oYQvky7TM8
— BitTorrent Inc. (@BitTorrent) March 16, 2019

Tezos is also one of the top one hundred’s top performers at the time of writing. XTZ pumped over 8% after the rally yesterday and has maintained most of those gains. The move has taken Tezos to a two month high of $0.50, the token has since pulled back marginally but is still riding high this year. ABBC Coin is also having another pump today with a similar move of 7%.
Massive profit taking is going on with Crypto.com’s CRO token as it dumps 25% today. Following a 500% pump in less than a week the inevitable has started and the dump begins, where it will stop remains to be seen. Aurora is also suffering today with over 8% lost.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has cooled off and dropped back below $140 billion, losing a couple of percent from Saturday’s rally. Volume is back to $30 million and markets could see further losses if day traders continue to sell off their altcoins.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: BNB and BitTorrent Token (BTT) Defying Sunday Correction appeared first on NewsBTC.
Source: New feedNewsBTC.com

TRON Users Spent $31 Million on DApps in a Day Whilst Justin Sun Breaks New Announcement

Amid the bearish crypto market, TRON users seem more optimistic. Reportedly, TRX users spent US$ 31 million on DApps which is twice in value spent on DApps built on other networks including EOS and ETH. Eventual to the records, CEO of TRON, Justin Sun revealed the upcoming plan of adding 2000 DApps in 2019.
TRON Users Spend Millions
The latest report from DApp.review disclosed that TRON DApps are ruling the DApp industry in contrast to the DApp from rival blockchain platform. However, yet another analysis made by TRON supporter revealed that the users and developers have spent as much as $31 million on DApps. Till date, TRON records a higher number of 2 million transactions.

#TRON DApp volume & transactions keep growing📈#TRX users spent $31 million USD on DApps yesterday, far more than double the amount spent on #EOS & #ETH DApps combined
The highest ever number of transactions on TRON DApps was also recorded, surpassing 2 million txs$TRX $BTT pic.twitter.com/fB6xQ43SW8
— Misha Lederman (@mishalederman) March 14, 2019

Indeed in March, TRON’s total transactions count more than $46M in comparison to $11M from Ethereum and $4 Mln from EOS. This reportedly continued to grow until March 13 and counted over $31 million against the rival firms ETH with $11 Mln and EOS with $ 2Mln. This comes in a wake of TRON network exceeding 2 million mainnet user accounts. Furthermore, TRON believes to have 2000 DApps on its network by year end which is reportedly 10X more than current DApps available.

#Tron is expected to have 2,000 DApps on its network by the end of 2019.
That’s about 10x more DApps than there are currently on the $TRX network.
Can’t stress this enough – #TRX DApps are in their INFANCY right now.
What will the things look like EOY? What about 2020? 🤔
— TRX Colony (@TronColony) March 14, 2019

Justin Sun – The future of Cryptocurrency is Promising
Furthermore, in the latest interview with CNBC, Justin Sun expressed the status of TRON, DApps, and BitTorrent. However, while speaking to CNBC, Sun confidently claimed that the future of cryptocurrency is promising’ and revealed that;
“I have a very optimistic point of view of the future of both Bitcoin and cryptocurrency since you can see the Lightning Network, and also Facebook and JP Morgan, is trying to issue a stable coin on the blockchain, so I think everything is very promising right now.”
During the discussion, Sun admired his own project and said, TRON network presently has 100 million monthly users across 138 countries. In his own words;
“We have over 100 million monthly active users in over 138 countries, which I think a lot of companies, like Facebook, will also bring a lot of people into the industry as well.”
 

#Bittorrent roadmap milestones make CNBC HEADLINES 🔥🔥🔥
🔍🗞@justinsuntron on CNBC speaking about #Bittorrent & $TRX
‘’Q2 we will be introducing 100 Million users to the $BTT network,one of the largest file transfer networks in the world’’ 🖥🌎💥 #btt #trx #tron pic.twitter.com/e27yF2BLbR
— «฿-cяуρт(𝓞)νєяℓσαd-฿» (@CRYPTOVERLOAD) March 13, 2019

What do you think of TRON DApps? Do you think it reaches the expected 2000 DApps before the year 2019 runs out?
The post TRON Users Spent $31 Million on DApps in a Day Whilst Justin Sun Breaks New Announcement appeared first on Coingape.
Source: CoinGape

Tron’s BitTorrent [BTT] sees major slump; falls by 5.64%

Tron’s BitTorrent [BTT] has been gaining popularity amongst the masses ever since its launch and the Chief Executive Officer of the Tron Foundation and BitTorrent, Justin Sun, has managed to keep up the hype surrounding the token, despite its falling price.
Source: TradingView
BTT, at press time, was valued at $0.0007 and reported a 24-hour trading volume of $39.83 million. However, the coin fell by 5.64% over the past day and has since been trying to recover. The coin was undergoing market correction at press time and was up by 1.06% over the past hour. Over the week, the token ranking 1,783 on CoinMarketCap list reported a fall of 1.20%.
The token was highly traded on Binance Exchange, one of the largest cryptocurrency exchanges in the world. BTT recorded a total trading volume of $10 million for the BTT/USDT trading pair and a volume of $8.6 million with the BTT/BTC pair on Binance. UPbit noted a trading volume of $9.5 million with the BTT/KRW pair.
BitTorrent recently concluded its second round of the BTT airdrop for TRX holders on various exchanges and wallets. Along with these airdrops, three new incentive programs have also been planned for BitTorrent and uTorrent users, partners, and ecosystems. These three incentives are User incentives, Partner incentives, and Ecosystem incentives.
Each of these programs is designed to increase the adoption of the newly-launched coin and benefit investors. Under user incentives, BitTorrent plans to educate its people about why it’s crucial to invite more investors and spur wider adoption. This incentive was driven by only a handful of the company’s 100 million monthly users holding Tron [TRX] or BitTorrent [BTT] tokens. The company plans on offering incentives to all clients using its protocol, while offering to be the largest open-source P2P download protocols in the world, under the Ecosystem incentive.
According to the Tron Weekly report, BitTorrent [BTT] has been listed on 35 exchanges and under the partner’s incentive, the company plans on adding multiple wallets and exchanges that will support the token.
The post Tron’s BitTorrent [BTT] sees major slump; falls by 5.64% appeared first on AMBCrypto.
Source: AMB Crypto