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Bitcoin Futures Spiked 8% on February 8th: Is It A Start of A Long-Term Rally?

February 9, 2019 by Ali Raza

Bitcoin Futures suddenly spiked on February 8th, reaching the highest level of the year after a nearly 8% increase.

Bitcoin Futures suddenly spiked on February 8th, reaching the highest level of the year after a nearly 8% large increase. The move came unexpectedly, and it allowed Bitcoin (BTC) itself to surge from $3,393 to $3,662.98. The new development has also sparked new speculations regarding Bitcoin ETFs as well, with the US SEC commissioner saying that ETFs might eventually happen. According to Brian Stutland of the Equity Armor Investments, this might be only a start and an indication that a bigger rally is about to happen. He believes that, if Bitcoin ETFs appear on the market, portfolio managers could allocate to Bitcoin in their models. If there is enough demand for the ETFs, and if investors do actually want to hold them, this might have a significant impact on Bitcoin itself. Stutland also believes that this could be what is currently driving the Bitcoin price, which surged right after the demand for Bitcoin Futures started growing. Stutland pointed out that nothing is certain at this point, and that a lot has yet to happen in order for an actually significant rally to arrive, but the current development could be the start of something new. Bitcoin might go above $4,000 In addition, Stutland seems to believe that Bitcoin may have found a bottom at around $3,500, which might allow it to push up and possibly breach the $4,000 resistance. TJM Institutional Services' Jim Iuorio also commented, stating that current charts show the "blend of positioning and technicals." He pointed out that the crypto market saw a lot of shorts since the price drop on November 14th. Iuorio also confirms that Stutland's prediction about BTC price breaching $4,000 might be correct, although he will not be convinced that it is a long-term increase unless the price breaches this barrier, and continues going up.

The move came unexpectedly, and it allowed Bitcoin (BTC) to surge from $3,393 to $3,662.98. The new development has also sparked new speculations regarding Bitcoin ETFs as well, with the US SEC commissioner saying that ETFs might eventually happen.

According to Brian Stutland of the Equity Armor Investments, this might be only a start and an indication that a bigger rally is about to happen. He believes that, if Bitcoin ETFs appear on the market, portfolio managers could allocate to Bitcoin in their models. If there is enough demand for the ETFs, and if investors do actually want to hold them, this might have a significant impact on Bitcoin in the long-run.

Stutland also believes that this could be what is currently driving the Bitcoin price, which surged right after the demand for Bitcoin Futures started growing. Stutland pointed out that nothing is certain at this point, and that a lot has yet to happen in order for an actually significant rally to arrive, but the current development could be the start of something new.

Bitcoin might go above $4,000

Besides, Stutland seems to believe that Bitcoin may have found a bottom at around $3,500, which might allow it to push up and possibly breach the $4,000 resistance.

TJM Institutional Services’ Jim Iuorio also commented, stating that current charts show the “blend of positioning and technicals.” He pointed out that the crypto market saw a lot of shorts since the price drop on November 14th.

Iuorio also confirms that Stutland’s prediction about BTC price breaching $4,000 might be correct, although he was not convinced that it is a long-term increase unless the price breaches this barrier, and continues going up a little further at least.

Image courtesy of Pixabay.

Filed Under: Bitcoin News Tagged With: Bitcoin (BTC), Bitcoin ETF, btc, Cryptocurrencies

Blockchain travel startup Travala accepts Tron (TRX) for payments now

February 9, 2019 by Naveed Iqbal

Tron has continued to record immerse success ever since it came to life. The Justin Sun-led cryptocurrency is gradually being accepted as a means of payment on various platforms, and a blockchain startup Travala.com also included TRX just a couple of days ago.

Notably, Travala users can now travel and book rooms in 550,000 properties across more than 80,000 places with TRX coins. Not only that, Travala now accepts other cryptocurrencies on its platform including Bitcoin, XRP, Litecoin, and Bitcoin Cash.

There is no doubt that settling your bills on Travala using TRX or other cryptocurrencies will help you save a lot. However, you will be saving more than 10% when paying through cryptocurrencies; it is also a convenient way since the network is blockchain-powered and it is decentralized with lots of incentives.

This is epic https://t.co/T9qIifUxGy

— MobRules (@MobRules2020) February 8, 2019

Travala.com is powered by NEO blockchain, which has often been regarded as the Airbnb of cryptocurrencies. With this blockchain network, Travala offers greater value for its users, while hoping to surpass competitions by offering discounts that will be invariably lower than other travel companies around the world.

There is also no doubts that when you take out middlemen and allow clients to have a one-on-one conversation with merchants, travel plans will become really fast and efficient. Even though Travala is relatively less than two years old, the company is hoping and projecting to be the number place for travel needs.

Travala has an ICO which was unveiled between 31st of March 2018 and 21st of April 2018, and this coin offering raised more than $2 million according to ICObench. The travel platform has its own token known as AVA. Taking the bear market into consideration, it is necessary to note that the startup travel company is doing remarkably well when it comes to value per token loss.

Nevertheless, the price of AVA might be 60% lower than its ICO – but the platform and its own token has great prospect to become better in the future as it begins to enhance and increase its travel business by offering discounts and offering the ability for users to pay travel bills through cryptocurrencies.

It is also necessary to note that KuCoin featured Travala’s token AVA last year with Bitcoin and Ethereum trading pairs. However, the team behind Travala stated that its token increases the transparency of the platform.

“As a Next-gen Online Travel Agency, fundamentally changes the relationship between the consumer of the future and their travel shopping.”

Travala is becoming one of the best travel-booking places that combine the present generation Online Travel Agency functionalities with the prospects and gains of the next generation blockchain technologies. With this platform, users are now entitled to discounts up to 50% in 210 countries worldwide.

As Travala increases its payment options, a Point of Scale System powered by Tron, known as Poppy, is expected to cut visa and other payment processors. Poppy aims to do this by adding cryptocurrencies into the retail market. As a merchant, all you have to do is to update your Point Scale System and get the Poppy application installed.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: TRON (TRX), TRX

Ripple‘s UBRI partners with the world’s leading universities to foster blockchain growth

February 8, 2019 by Naveed Iqbal

Ripple’s UBRI (University Blockchain Research Initiative) was launched in June last year for fostering the development and growth of the blockchain industry by partnering with top-tier academic institutions. The initiative by Ripple has now collaborated with 29 universities to further increase academic research and various advances in the crypto-sphere.

Last year, Ripple’s UBRI only had 18 academic institutions on its radar, but it has expanded its reach by collaborating with 11 new schools to further increase the academic interest of post-doctoral and graduate students also.

Ripple invested more than $50 million on tech resources to the first set of top-tier academic schools in partnership with UBRI, which included 18 institutions from all over the world.

The new set of partnership by Ripple’s UBRI includes top-notch universities and colleges that represent different academic fields. The new partners include:

  • Duke University
  • Carnegie Mellon University
  • Cornell University
  • University of Michigan
  • Georgetown University
  • University of Kansas
  • National University of Singapore
  • Northeastern University
  • Institute for Fintech Research, Tsinghua University
  • University of Sao Paulo
  • Morgan State University

Ripple’s initiative through UBRI is poised to nurture future engineers, business professionals, and owners to apply blockchain technology to their field. The initiative has also been aimed to create awareness on the influence of blockchain on all sectors of the world.

However, Ripple’s SVP of Global Operations, Evin van Miltenburg stated:

“We created UBRI back in June 2018 to provide the best support for 17 different universities around the world to help progress their study of blockchain technology, cryptography, digital assets, and Fintech”

Evin added,

“The blockchain is an incredibly transformational technology and helping advance the best minds in the world, who are already showing interest in the field, sure to benefit the entire ecosystem. We’ve added 11 new universities this time around and now have 29 schools involved with the program. Expanding the ecosystem to a more global, diversified network of UBRI partners will only continue to enrich these projects.”

Ripple’s funding on UBRI is intended to boost the initiative in different ways and in various academic areas spanning from business, law, engineering, and so on. UBRI resources from Ripple looks to help these schools to launch new courses, award scholarships and incentives to students who have an interest in blockchain technology.

Evin van Miltenburg further said that Ripple aims to ignite the spark among students in these universities knowing that “they are the most capable individuals in the field.”

Ripple Boosting Innovations Through Academia

Even though Ripple’s UBRI program was launched just last year, all institutions in partnership with this initiative have expressed an immense sign of improvement, thus, indicating Ripple’s ambitions to boost innovations in the blockchain industry.

Ripple’s UBRI relationship with the University of California, Berkeley, has fostered departmental collaborations in the school. Additionally, it has enhanced the creation of research projects and funded activities that are led by students – including the forthcoming blockchain UI/UX hackathon.

Another institution benefiting from Ripple’s UBRI program is the University of Texas at Austin. UBRI lead in the school, Professor Cesare Fracassi, has emphasized that the program has helped U.T Austin in 3 different ways:

“Firstly, it has permitted the funding of faculties and Ph.D. students who are interested in blockchain technology. Secondly, it has increased the curriculum on the blockchain, thus, helping students to gain more knowledge on blockchain technology. Finally, the program has helped to fund important research for people who want to know more about blockchain technology.”

This year, however, the schools in partnership with UBRI initiative will conduct lots of programs on blockchain related matters. On the other hand, Ripple aims to sponsor lots of student-led activities this year to boost innovations in top-notch academic institutions around the world.

Image courtesy of Pixabay.

Filed Under: Altcoin News Tagged With: Blockchain, Ripple (XRP)

TRON dApp Users Surge by 239% in the Last Month

February 8, 2019 by Ali Raza

According to recent charts tracking the dApp performance and their daily active users (DAU), TRON dApps have seen a massive increase in the number of users within the last month. On January 8th, TRON dApps had around 18,500 active users — a number which has skyrocketed to 62,724 as of February 8th.

Within a single month, TRON dApp DAU number surged by 239%, while Ethereum lost around 31% of its DAU or 4,275 users. Another big competitor in the dApp sector, EOS, has also seen growth in its DAU, although a much smaller one of only 14% (9,534 users).

Why did TRON’s DAU number grow?

TRON has been one of the most popular projects in 2018. However, it recently started attracting even more attention due to several events.

The first one is the launch of the BitTorrent token (BTT), which happened on January 28th, 2019. The token sale was held on Binance Launchpad, a platform dedicated to increasing exposure of promising projects. BTT is a part of TRON’s ecosystem, and the event has been very beneficial for TRX as well.

Another reason why TRON has seen more activity recently is also connected to BTT, and it includes a series of airdrops that will gift BTT to TRX holders. The airdrops are expected to happen on occasion throughout the next six years.

Charts from @dapp_review show that #TRON DApps daily active users (DAU) have skyrocketed from 18,500 on Jan 8 to 62,724 on Feb 6 📈

TRON gained 44,224 new users to its DApp Ecosystem (+239%) in 1 month 🗓️#ETH lost 4,275 users or -31%#EOS added 9,534 users or +14%#TronDApps pic.twitter.com/hfiFaHon9O

— Misha Lederman (@mishalederman) February 8, 2019

Furthermore, the largest cryptocurrency exchange in the world, Binance, decided to support TRON and BitTorrent, which brought additional attention to both projects, as well as to TRON’s entire ecosystem. So much so, in fact, that TRX managed to double its value within only 30 days, starting from December 17th, 2018. During this period, TRX price grew from $0.0127 to $0.025, with the coin’s current price being at $0.026498, according to TradingView.

Also, TRON’s dApps have been relatively popular in the crypto community ever since they appeared on its platform, most of which are gambling and gaming-oriented. As a result, the TRON ecosystem has become one of the fastest-growing ones in the crypto space, and the recent reports regarding its DAU numbers confirm it.

Image courtesy of Pixabay.

Filed Under: Tron News Tagged With: TRON (TRX), Tron Accelerator, Tron SR, Tron Station, Tron Tokens, TronChat

Buying stocks using Bitcoin is now possible using Abra Wallet

February 7, 2019 by Waqas Sattar

On Wednesday, the US-based digital currency exchange and wallet provider, Abra Wallet, announced via blog post that it has upgraded its global investment app. As a result of the upgrade, the app will now allow users to invest in commodities, stocks, and ETF (Exchange-Traded Funds) with Bitcoin.

The San Francisco-based firm has urged all its users from 155 countries worldwide to sign up with them to invest in 50 new investment assets using Bitcoin. The investment can be as little as $5 and it is with zero trading cost for the whole year of 2019.

Big News: #Stock and #ETF #investing coming to Abra 🚀 Sign up now for early access to secure $0 fees for 2019.

Available in 155 countries
Fractional investing w/$5 minimums
Private and secure

Welcome to the #futureofinvesting, built on #Bitcoin! https://t.co/rvixGS74el

— Abra (@AbraGlobal) February 6, 2019

The platform is ready to provide a package deal on which opportunists can invest in stocks such as Facebook, Apple, Google, Netflix, Amazon, and Coca-Cola, fiat, exchange-traded funds, and cryptocurrencies.

Bill Barhydt, the Founder and the CEO of Abra commented on the development as following:

“We’re are going to start with popular US stocks and ETF’s and add more global assets in the coming months. Of course, all of the great features for investing in the cryptocurrencies and fiat currencies remain fully integrated as well.”

Mr. Barhydt further went on by saying that Abra contributes to the trades and investments using the crypto collateralized contracts (C3s). He explains how these contracts work, in Abra’s CEO words:

“[I]f you want to invest $1,000 in Apple shares you will place $1,000 worth of Bitcoin into a contract. As the price of Apple goes up or down versus the dollar, Bitcoin will be added to or subtracted from your contract. When you settle the contract – or sell the Apple investment – the value of the Apple shares will be reflected in Bitcoin in your wallet which can easily be converted back to dollars, or any other asset for that matter. When you enter into a C3, you’re effectively creating a smart contract which automatically determines – based on the price of the Apple shares – whether you have made money or lost money. The underlying Bitcoin collateral then adjusts itself accordingly to be equal to the value of the Apple shares.”

To put simply, investors will be setting up Bitcoin as collateral to invest in stock or an ETF. Bitcoin will be added into or subtracted out of their account as the status of the value of the assets shapes over time.

Abra will be the one taking risks in all of the contracts on the platform, but the risks have been carefully fenced and the system has gone through many trials for testing purposes on many contracts.

The CEO of the digital exchange ensures about it saying,

 “Abra has already successfully processed hundreds of millions of dollars worth of these investments contracts and has never lost money on them”.

The development has brought a lot of excitement in the crypto community even though the platform will likely be less useful for US-based investors because of the easy access to the US stock market, but it will surely be a game changer in the regions of the large unbanked population where access to the said stock market is comparatively difficult.

According to Barhydt, the platform was designed to assist the investors from those regions, who were unable to invest in the global stock market previously, with these investment opportunities.

Caitlin Long, Co-Founder of the Wyoming Blockchain Coalition and a wall street veteran also expressed her appreciating views about this huge and game-changing development by Abra. Her tweet reads:

This is HUGE!!!!!!!!!!!!!!!! All #bitcoin-based!!!!!! Kudos to @billbarhydt & team for lassoing traditional financial assets into Bitcoin, instead of trying to pigeonhole Bitcoin into the status quo—as so many other #crypto companies are doing. Best wishes for tremendous success! https://t.co/ZXs0lhqs8Z

— Caitlin Long 🔑⚡️🟠 (@CaitlinLong_) February 6, 2019

Image courtesy of Pixabay.

Filed Under: Bitcoin News Tagged With: Abra Wallet, Bitcoin (BTC)

First BitTorrent (BTT) AirDrop Details

February 7, 2019 by Ali Raza

The first airdrop of BitTorrent (BTT) is scheduled for February 11th, 2019, and it will be distributed to TRON (TRX) holders by the BitTorrent Foundation. The airdrop will be executed after the TRON network reaches the height of 6.6 million blocks, and it will include 10,890,000,000 BTTs, or 1.1% of the token’s circulating supply.

The airdrop will be the first of many in a series which is expected to go until 2025.

How to qualify for the airdrop?

The airdrop is already supported by multiple cryptocurrency wallets and exchanges, and those who wish to participate need to fulfill two conditions. The first one includes holding an amount of TRX coins, and the second one is to ensure that the coins are stored in a wallet or on the crypto exchange that will support the airdrop.

Some of the wallets and exchanges supporting the airdrop include Binance, OKEx, Bithumb, Huobi, Huobi Wallet, Koinex, Cobo Wallet, WazirX, Coin Tiger, FCOIN, Bitple Wallet, Gate.io, Coinex, and others.

Details about BTT

BTT is a TRON-based TRC-10 token which was launched on Binance Launchpad on January 28th. The token was exposed to over 10 million Binance users, and the sale was over within 15 minutes.

The coin is to be used in the BitTorrent platform for making transactions and rewarding users for providing their own computing resources. The mentioned series of airdrops is expected to reward TRON holders with at least 10.1% of the BTT circulating supply in the following years.

The circumstances were also very beneficial for TRON (TRX) as well, as the coin started experiencing growth while most of the other cryptocurrencies have been experiencing drops in price due to the crypto winter. In a period of only 30 days, starting on December 17th, TRX price doubled, going from $0.127 to $0.025. At the time of writing, the price of TRX stands at $0.026058, after a 1.02% increase in the last 24 hours.

Image courtesy of Pixabay.

Filed Under: Tron News Tagged With: TRON (TRX), Tron Station, Tron Tokens, TronWallet (TWX), TRX

DISH becomes one of the earliest mainstream company to accept Bitcoin

February 7, 2019 by Naveed Iqbal

In the past, skeptics have disputed the fact that Bitcoin as a currency has no distinguished value, due to the fact that it hasn’t been widely accepted as a means of payments. Indeed, Bitcoin arrived at the international and financial scene when the world’s financial markets were witnessing a slump.

For many, Bitcoin is relevant and a game-changer for the financial industry. It is now seen as a store of value – somewhat a digital gold which also has the potentials of being a reserve currency. Even as Bitcoin’s use-cases increase and continue to go against all odds, one of the biggest pay-Tv provider, DISH, is making use of Bitcoin as a means of payment for subscribers.

Not only that, DISH is known to be the first pay-tv provider to offer cryptocurrency as a means of payment for subscriptions. However, DISH executive vice president and chief operating officer, Bernie Han had something to say:

“We always want to deliver the best and deliver choice and convenience for our customers and that includes the method they use to pay their bills. Bitcoin is becoming a preferred way for some people to transact and we want to accommodate those individuals.”

DISH Network Corporation offers more than 14 million pay-tv subscribers with the best technology and programs with a great value as of 2014. Subscribers on DISH are offered more than 200 channels with high-definition programs. The network also prides itself by supplying 110,000 hours of disaster relief in the form of broadband and TV-services.

@dish now accepting Bitcoin. In the words of @APompliano @JWilliamsFstmed… The Virus is Spreading! pic.twitter.com/VzHzxfThmh

— Devon McKenney (@DevonMcKenney) February 6, 2019

Additionally, Coinbase has been the medium chosen by DISH to process BTC payments from subscribers who wish to pay their TV subscriptions from their BTC wallet. Bitcoin payments on DISH is being facilitated by Coinbase’s Instant Exchange™ to U.S dollars.

DISH subscribers are given the opportunity to choose between Bitcoin as a payment option or debit cards or bank account for their TV-subscription. These mediums are to provide an easy way for subscribers that want to make an instant payment online.

No doubt, cryptocurrencies are gradually becoming an important means of payments, thus, getting the same recognition as fiat currencies. Cryptocurrencies (like Bitcoin) reduces credit card fraud and they are inexpensive for merchants who want to make payments.

Bitcoin’s use-cases are significantly increasing and people are starting to pick up the notion that the digital asset is real and can make a huge change in the second and third-world countries dealing with hyperinflation.

Notable crypto-enthusiasts: Anthony Pompliano and James Anthony Williams have quoted the significance of Bitcoin’s use-cases and other cryptographic technologies. Also saying that Bitcoin will one day be some sort of a store of value very soon.

Bitcoin can be used a means of payment; in making donations, tips and so on. This, however, has opened doors to its numerous use-cases nowadays and it keeps spreading day-by-day.

Undeniably, Bitcoin’s utility as a means of exchange keeps increasing despite its price swings and volatility. The cryptocurrency still has more potency to bring a positive change to every economy; it will become apparent as new use-cases become prevalent and widely known.

Image courtesy of Pixabay.

Filed Under: Bitcoin News Tagged With: Bitcoin (BTC)

Meet DarkMatter (DMX), an exciting Tron-based token by Moon Marketing

February 7, 2019 by Ali Qamar

DarkMatter is the way in which Moon Marketing will blend gamers with Tron’s blockchain’s tech.

It’s inspired by astronomical dark matter which was first observed in the early 1930s by Fritz Zwicky who first observed clusters of dark galaxies (which means that those galaxies were composed mainly of lightless matter).

Those galaxies have been the driving force behind astronomy for decades right until now. Especially since 1998 when those observations (centered in supernovas) told us all that most of the universe is dark matter and/or dark energy.

So now, Moon Marketing is merging the average gamer with blockchain technology. Sounds idealistic? It is. It’s also plausible as a bridge that can exist between the Tron network and gamers. It’s accessible, exciting and rewarding for the average Tron gamer.

DarkMatter has already many use cases designed to reach the aforementioned goal, and it will cater to gamers of all kinds. If you are among the largest e-sport players in the world or if you just enjoy playing one or two of Tron’s main dApps occasionally, this token will have something to offer to you.

https://www.tronweekly.com/wp-content/uploads/2019/02/DarkMatter-Tronweekly-PR.mp4

What will those use cases be?

As a currency:

  • It will be a form of currency every bit as much as a way to acquire benefits in many different apps that run on the Tron network.
  • When it comes online, a private sale of DarkMatter will let you know of an important partnership with a colossal crypto app that is available on Android and iOS.

Social media mining:

  • Interaction with MOON will earn you small DarkMatter tips.
  • Members will have a room of their own that will reward their social media interactions (such as RT, shares, likes, etc.).
  • The room will have weekly and monthly rewards for all those who interact with the community and with our partner’s social media. Other projects will also be present to create awareness.

Gaming and DarkMatter:

  • Moon Marketing will host to which will be for the players and by the players. They will be open to everybody as long as there are slots available.
  • If you hold some DarkMatter but can’t join a tournament, you’ll still be able to place wagers on the tournament, sponsor a team or a player, and buy ad-space during streamed events.
  • We will work with LFG (Looking for group) which will allow our community members to link up amongst them and play many different games while earning some passive income.

Physical MOON branded products:

  • Moon Marketing has an apparel line comprised of limited edition products. They will be available at their online store and will be announced in the near future.
  • The products won’t be offered arbitrarily, but they will be picked by the Moon/DarkMatter community from a design pool provided by the community.

The token’s ICO started yesterday already, and it will offer several million tokens at different rates.

The DarkMatter (created by Moon Marketing) is a TRC10 token (which means it will be based on Tron’s token technology and TRX). 100 Billion tokens were created by the issuer, so the plan’s ambitions are met. 70 Billion of the tokens are already burnt, so the current total supply is of 30 Billion DMX.

For your general information, you can burn any TRC-10 token by just transferring it to Tron’s Foundation official burning wallet ( TLsV52sRDL79HXGGm9yzwKibb6BeruhUzy).

So now you know about DarkMatter (DMX)! Share and enjoy!

To learn more, please stop by Moon Marketing’s Telegram at https://t.me/MOONMarketingfirm

Filed Under: Press Release Tagged With: Tron Tokens

Tron launches another development tool, Tron-Station

February 6, 2019 by Waqas Sattar

The crypto market is struggling for quite long now, not a secret – eve Bitcoin, Ripple, and Tether, which are usually considered as the giants of the crypto-verse are trying to find their way back on. It is more than more than a year now since the market fell into the trap of barbaric bears and it’d be fair to say they are injured so badly now that when the next bull run comes everyone might undoubtedly take some time to reach back to their original potential.

But guess which cryptocurrency is the one who not just managed to tighten its grip on the ongoing repetitive devastating circumstances but has also taken phenomenal measures to make sure that it would recognize itself as the dominant while reaching the new unimaginable heights when the clouds of this violent bearings shatter and provide a real sense of the new morning after a really long night of horrors . Yeah, you guessed it right. We are talking about Tron.

We’ll get a look at those developments a bit later, first, we ought to talk about the new addition to the Tron’s armor. This Tuesday, the Tron Foundation announced that they have made another development kit for developers to ascertain the crypto’s energy, bandwidth and maximum energy limit to deploy a smart contract. The announcement was made using the foundation’s official Twitter account as follows:

A new dev tool called TRON-STATION is here! It will display data that allows developers to calculate how much $TRX is needed to freeze/burn to get an amount of energy or bandwidth and the maximum energy limit deploy a smart contract. Visit https://t.co/zhyjXlasxw for more info. pic.twitter.com/0kcJuncE4E

— TRON DAO (@trondao) February 5, 2019

What is Tron Station?

It is actually a web application and Javascript API Library for calculating energy and bandwidth consumption that is based on Tron network. With the help of it, developers can quickly review energy and bandwidth related information before making a transaction or deploying a smart contract through it.

Now calculating units, bandwidth, energy, and SR vote reward on the crypto Network has become quite easy by using Tron Station Web Application’s simple user interface.

The announcement brought overwhelming responses from the crypto enthusiasts, and they have appreciated the additional feature provided for the developers and investors to research before they invest their time and money in Tron.

Remember, it is not the only development tool kit provided by the foundation. A few months back, the foundation provided the first development tool kit comprised of TronBox, TronGrid, TronStudio, and TronWeb – to assist programmers in creating content, smart contracts, applications and all kinds of other superb things on the Tron Blockchain.

Now let’s talk a bit about those developments and landmarks it achieved during this long bearish period. Though the list is quite long, we start mentioning the launch of BitTorrent’s token BTT to streamline the process of peer-to-peer data sharing on BitTorrent platform.

Another cool stride of Tron has been the success in attracting many top application developers to use the network’s blockchain to develop their decentralized apps as well as convincing many to transfer their applications from other networks onto Tron.

Sun-led blockchain company also did a great job at developing the real-life use cases’ roadmap with BitTorrent, one of the famous data sharing platforms by forming a project dubbed as the Project Atlas, which will go a long way in realizing Tron’s vision of forming a decentralized web.

The accomplishments mentioned above are the ones that have gained recognition by many experts and are considered to be the key ones to take the crypto onto new heights when the next bullish trend comes.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: Tron Station, Tron Tokens, TRX

Tron’s BitTorrent adds another feather to its cap; records sixth highest market volume

February 6, 2019 by Akash Anand

Tron and its partnerships have created a storm in the cryptocurrency space with several updates and developments coming from the Justin Sun led cryptocurrency company. This move has only been overshadowed by Tron’s recent bullish surge on the charts, making it one of the biggest gainers on the charts.

Latest reports show that Tron’s acquisition BitTorrent’s BTT token has grabbed the sixth position on the cryptocurrency charts in terms of trading volume. The coin which was just released last month is also closing in on six times the pricing of is Initial Coin Offering [ICO] a week ago.

Recently, BitTorrent recorded a flash hoke where it pumped by over 50% within hours. At press time the token is valued a $0.009611 while recording a market cap of $546 million. What made the volume figure jump out was the fact that it as more than that of popular cryptocurrencies like XRP, Tron, Stellar and Bitcoin SV.

The BitTorrent token was also in the news recently when its public sale got over in record time on the Changpeng Zhao led Binance. A total sale of 59.8 billion tokens was made during the sale. The timing could have been cut short if not for a technical glitch that was pointed out by both Changpeng Zhao and Justin Sun. 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 Tron CEO had also revealed that 5000 BTT tokens were successfully transferred in an airdrop. He further said:

“#BitTorrent (#BTT) has completed an airdrop of 5,000 $BTT to all users that were eligible but unsuccessful in purchasing BTT on @binance Launchpad. #TRON #TRX $TRX”

Image courtesy of PixaBay.

Filed Under: News, Tron Exchange Tagged With: BTT

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