How to Buy Litecoin in 2019 Preparing for the Litecoin August 2019 Halving

How to Buy Litecoin in 2019 – Preparing for the Litecoin August 2019 Halving

                                  

Litecoin is a peer-to-peer cryptocurrency

and open-source software project with similarities to Bitcoin. Litecoin is among the successful altcoins in the cryptocurrency market. The cryptocurrency deploys the same encryption techniques to transfer and create funds and to confirm transactions just like Bitcoin. Litecoin differs from Bitcoin since it has a larger amount of coins and it has faster transaction rates. Generally, Litecoin is a better version of Bitcoin but lacks brand awareness. Litecoin is currently trading at $89.00 by the time of writing this article with a market capitalization of $5,502,066,609. Since the beginning of 2019, Litecoin has shown strong performance making it a cryptocurrency worth investing in. The cryptocurrency world is gearing up towards Litecoin’s August halving. The halving is expected to have an impact on the value of Litecoin.

What is Litecoin Halving and Its Impact on Price?

Halving can be defined as the process where miner’s rewards are halved following a predetermined block. The halving feature was introduced by Satoshi Nakamoto, the anonymous creator of Bitcoin. Halving protects cryptocurrencies from inflation. The process also ensures that not all the blocks are mined so soon. In August 2019, Litecoin is set to undergo its second halving. With Litecoin, we have only a total of 84 million coins that will exist. Note that the halving process happens every 840,000 blocks. Litecoin halving usually takes place after every four years. The last halving occurred in August 2015 when the network reached 840,000 blocks. The impact of halving is evident now since prior to the previous halving, Litecoin was trading at $3. Contrary to popular beliefs, halving does not affect miners only but investors as well. As the number of blocks is mined, mining becomes difficult translating to more resources. However, mining rewards decrease. As a way of tackling the decrease in mining rewards, the value of Litecoin increases as well.

How to Buy Litecoin In 2019

There are various ways of buying Litecoin in preparation for the August halving. However, before purchasing Litecoin, you need to prepare by having an appropriate wallet. You can get hardware or software wallet. Note that hardware wallets are the best for storing cryptocurrencies due to security reasons. Some of the popular hardware wallets to consider for your Litecoin is the Ledger Nano S and the TREZOR One. Popular software wallets compatible with Litecoin are Exodus and Jaxx. The Exodus wallet is compatible with the desktop while Jaxx is compatible with mobile devices. The most popular way of buying Litecoin is through cryptocurrency exchanges. Litecoin is gaining popularity, meaning that more exchanges are willing to list the cryptocurrency. Here are popular exchanges where you can buy Litecoin.

Buying Litecoin From Coinbase

Coinbase is among the leading cryptocurrency exchanges globally with a good reputation. On the exchange, you can buy Litecoin through various means. Coinbase accepts purchasing Litecoin directly through the use of a credit/debit card. You can also buy Bitcoin or Ethereum then trade it for Litecoin afterward. To get started, you need to create an account with Coinbase. Ensure the exchange is available in your area of residence. As part of the registration process, you will then need to confirm your identity by providing the necessary verification documents.

On Coinbase you can also buy Ethereum or Bitcoin then exchange it for Litecoin. To add your card, visit the payments methods page and select the ‘Add Payment Method’ button. You will then select ‘’Credit/Debit Card’. Note that to navigate this stage, your account must be fully verified. You will then accept the prompt explaining the pending charges. To proceed, log into your cardholder account and confirm the charges. You will then see a window that says “Credit/Debit Card Added’ and a ‘Buy Digital Currency’ button. You can now buy either Litecoin, Bitcoin or Ethereum from the ‘Buy/Sell’ page.

Buy Litecoin On Binance

Binance is another leading cryptocurrency exchange. Despite the recent hack, Binance still has the confidence of the entire cryptocurrency community. On the exchange, you have to start by creating an account through the official website or the mobile application. To proceed, you will need to verify your account through a code sent via your email.

With Binance, you can first buy Bitcoin or Ethereum then exchange it for Litecoin. To start the process, you need to access the Binance Credit Card Page. You can also access the page by logging into your Binance account then click on ‘Funds’ and then ‘Buy With Credit Card’. You will then select the type of cryptocurrency you would like to buy and then enter your order amount. A second bar pops up with the total amount that you will incur. In the next stage, you will have to customize the amount you have selected. Binance allows you to buy any amount of Bitcoin using a credit card. You can toggle the base currency of your credit card between USD or EUR. The Total Charge section indicated is the payment to be made inclusive of the service provided and the handling fee.

Additional Information For Simplex

Binance has partnered with payment platform, Simplex to facilitate buying of cryptocurrencies using a credit card. To complete the transaction, you will have to provide additional information to Simplex. Once you fill out the necessary fields, agree to the terms and conditions and privacy policy and then you can proceed. After verifying your account, click continue. You will then enter the necessary card information. Click on ‘Pay Now’ and you will then undergo ID verification. To verify your ID, Simplex gives you a number of options. You can take a selfie holding the card used to make the payment or upload your ID issued by the government. You can also use a passport, national ID card or your driver’s license. Note that the identification document should show your name and date of birth. If all the details are in order, you will have successfully purchased your Bitcoins or Ethereum. It takes about 30 minutes for the purchased cryptos to reflect in your Binance account. You can later exchange your Bitcoin or Ethereum for Litecoin.

Buy Litecoin on eToro

eToro is a leading cryptocurrency investment platform that allows you to buy and sell Litecoins for fiat currency. eToro is known to have a user-friendly interface alongside good customer support. Note that if you opt to use eToro you don’t actually need a Litecoin wallet. This is because eToro does not supply you the actual coins. eToro allows you to short a certain currency if you think its price will decline. If you do decide to use eToro for speculation purposes, keep in mind that cryptocurrencies can fluctuate in prices and are not appropriate for all investors. Additionally, note that trading cryptocurrencies are not under any EU regulatory framework.

Conclusion

Litecoin continues to shows its ability in the cryptocurrency world. The coin has a vibrant community alongside a strong development team that seeks to propel it to the next level. With the upcoming August halving, the value of Litecoin has the potential to increase hence the need to invest in the asset. We have different ways of buying Litecoin and the covered exchanges are ideal for getting your asset. Buying Litecoin with a credit or debit card is among the efficient methods available. The process is efficient and in most cases instant. It is important to consider the safety of your Litecoin by ensuring you store them in a secure wallet. Most preferably a hardware wallet. Exchange wallets are susceptible to hackings.

Article Produced By
Amisi Paul

https://zerocrypted.com/how-to-buy-litecoin-in-2019-preparing-for-the-litecoin-august-2019-halving/

Thomas ClaimCo.in

Bitcoin continues to climb higher and is currently trading for just shy of 9000

Bitcoin continues to climb higher and is currently trading for just shy of $9,000.

            

Rising Faster and Bolder Than the Sun

The currency continues to impress us all with its recent string of price gains, which began in early April of 2019. At that time, the currency rose beyond the $5,000 mark, something many traders and enthusiasts thought they’d never see again. That means that at press time, it has nearly tripled its value in just two months from where it was in March.

2019 has certainly proven to be a solid year for the digital asset. Following consistent price drops in 2018 that saw the currency hitting the $3,500 mark in late November, bitcoin had ultimately lost more than 70 percent of its value since striking its all-time high of nearly $20,000 in December of 2017. Many crypto traders saw all their stashes disappear within 11 months; it was an ugly sight, and one that many believed would never be remedied.

However, things have ultimately turned around in 2019, with the currency striking a position that it hasn’t held in more than a year. The last time bitcoin even came close to $9,000 was during the summer months of 2018, and the last time it saw the $9,000 range was in February of that year. Despite all the good news, however, some analysts seem incapable of making up their minds regarding where bitcoin is likely to go in the coming weeks. One crypto blogger, Kevin Godbold, thinks a dead cat bounce is inevitable, and suggests that bitcoin could potentially take a nosedive sooner than we might anticipate.

He comments:

The buying probably caused the share price to move up. A little at first, but seeing the movement, others maybe started saying, ‘Bitcoin’s moving,’ and more buying happened. Because of that, bitcoin went higher, and the higher it went, the more the momentum speculators piled in. The more they piled in, the higher bitcoin moved. I think that description is the essence of what causes a dead cat bounce. Nothing has changed in the case for or against bitcoin, but speculation happened.

At the same time, another source claims that the bitcoin technical charts currently show the digital asset preparing itself to reach $10,000 in the coming weeks, virtually the opposite of what Godbold suggests.

Bitcoin’s Prospects Are Solid in the Distant Future

A recent panel of cryptocurrency experts – assembled by the finance firm Finder – predict that by December 2019, bitcoin will be trading for well over $9,600. This is good in the sense that bitcoin will spike further, but it’s a little disappointing that fewer rises will seemingly take place over the following seven months. At the same time, the panel also believes that the $20,000 mark hit in December 2017 will be surpassed at some point in the future.

Article Produced By
Nick Marinoff

https://www.livebitcoinnews.com/bitcoin-nears-9000-what-happens-next/

Thomas ClaimCo.in

Bittorrent Files System BTFSTo Be Launched on 30th May

Bittorrent Files System (BTFS)To Be Launched on 30th May

The market saw an unprecedented growth of Bitcoin,

where BTC value reached around $8700 and it is seen as the BTC will cross $10,000 mark very soon. With this BTC rise, all the exchanges and coins are gearing up to face the upcoming Bullish market.

The founder of Tron,  ‘Justin sun’, announced on his social media blog that BitTorrent file system(BTFS) will be launched on 30th May (PDT). According to him,  BTFS will be the largest P2P storage network with close to 100 million BitTorrent user nodes, 1000 TRON full nodes, 27 SR nodes, and global TronGrid nodes. Also, BTFS is the first scalable decentralized storage system Let me tell you, TRON is a blockchain-based decentralized protocol. It aims to built a worldwide free content entertainment system with the blockchain and distributed storage technology.

A few days ago, Justin sun has also announced the launch of BitTorrent token on Tron Ecosystem in Q2. BitTorrent, which allows a content creator to connect with the audience, and to earn and spend money without a mediator. By having BitTorrent, 100’s of millions of users will experience the Tron Ecosystem. The Tron and BitTorrent are coming up with new features, functions, and service for users to be ready for the upcoming bullish market. As of today, BitTorrent was ranked 31st and saw a 19.42% growth, the price was $0.001627 with a market cap of  $345,154,577. The 24-hr volume at $400,501,966. The circulating supply is  212,116,500,000 BTT and total supply 990,000,000,000 BTT.

Article Produced By
Nidhi Kolhapur

Nidhi is a passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

https://coinpedia.org/news/bittorrent-files-system-btfsto-be-launched-on-30th-may/

Thomas ClaimCo.in

Taklimakan Network Launches New-Look Crypto Platform Through AI and Blockchain Technology

Taklimakan Network Launches New-Look Crypto Platform Through AI and Blockchain Technology

                              

Bitcoin Press Release:

Taklimakan Network is a crypto trading and education platform that uses AI, blockchain and social networking to provide cryptocurrency users a one-stop solution for all trading needs.

25 May, 2019, SINGAPORE –: Taklimakan.Network cryptocurrency trading platform has developed a platform that enables users to negate the need for multiple platforms, offering a unique, all-in-one experience. On average, the typical trader uses one platform for trading, another for news, and at least one social media platforms to connect with like-minded individuals to gain insight or share thoughts, market trends or ideas.

Fragmented Information Source

Cryptocurrency has a lot to offer, but one of the biggest hurdles being faced by its users is that the information source for the decentralized assets is fragmented. Cryptocurrency traders and investors must use multiple sources of information with differing degrees of service, leading to a variety of issues.

  • Communication between service users and providers is ineffective.
  • Quality of service is not up to par.
  • Lack of a universal source of information.
  • Lack of latest technology (such as artificial intelligence (AI)) use in trading.
  • A dearth of statistical data for proper crypto analysis.
  • Low level of financial knowledge among crypto enthusiasts.
  • Exhausting process of crypto trading education.

Centralizing for the Decentralized Market

Taklimakan.Network has built a wide array of services and information sources so cryptocurrency traders, investors and users do not have to worry about visiting different platforms to learn, catch on the latest cryptocurrency news, and find other traders. The platform offers:

  • News: The latest crypto news from around the world is aggregated along with current projects and crypto expert opinions and integrated in one portal.
  • Education Material: A complete library containing all the cryptocurrency related information a novice or an expert user might need.
  • Analytics: Different tools and analytical reviews of the cryptocurrency market news for better trading and investment decision.
  • Trading Tools: Signals and strategies from top traders.
  • Social Networking: Blogs and chat rooms for connecting with like-minded people.

Taklimakan Network Deployment

The Taklimakan Network is already a fully functional product, available to all users. The platform will be adding more functionalities in the near future that includes:

    • Investment Section: People will be able to showcase their projects and attract investors and project supporters.
    • Decentralized Cryptocurrency Exchange:
  • Freelance Cryptocurrency Exchange:
  • AI: Integration of artificial intelligence for better trading solutions.
  • Gamification: Different games for traders to unwind or be entertained.
  • Crypto Market: A cryptocurrency sale and purchase market along with a list of online shopping platforms that accept cryptocurrency payments.

About Taklimakan Network

While most other cryptocurrency platforms in development promise their users a service, Taklimakan Network already has a beta version, with full functionality just around the corner. The Taklimakan team consists of experts from various financial institutions such as Barclay’s, RBS and Russell Investment and graduates from top universities such as Cambridge.

Article Produced By
Taklimakan Network is the source of this content.

https://bitcoinprbuzz.com/taklimakan-network-ai-blockchain-social-networking/

Thomas ClaimCo.in

Bitcoin Payments: ATampT Customers Can Now Pay their Bill in Bitcoin

Bitcoin Payments: AT&T Customers Can Now Pay their Bill in Bitcoin

              Bitcoin Payments

Mainstream adoption of cryptocurrency is slowly growing

with the latest development being from AT&T Inc. (NYSE:T) which has indicated that from today they will be accepting bitcoin payments as an option of paying for mobile bills.

AT&T customers to pay bills in crypto

AT&T is the first major telecom company in the US to provide the option of paying in crypto. AT&T’s Communication Business Operations VP Kevin McDorman stated that the company is always looking for opportunities for improving and expanding its services. He added that cryptocurrency has become popular nowadays and some customers use it and thus the company is glad to provide them with a payment option of their preference for their bills.

Customers will be allowed to make their mobile bill payments through BitPay in the myAT&T app or by login to the online account. The company has not specified whether the bitcoin payments can be used to pay for purchases of phones and accessories in AT&T stores. BitPay will be processing the crypto payments and then give AT&T a conventional currency.

Although the adoption of cryptocurrency is a significant step, for Joe McCann Passport Capitals’ former hedge fund manager, the move may have come maybe as a result of the company having internal data that shows that more people are using Bitcoin payments nowadays. He added that AT&T did not have an upside to support Bitcoin payments.

Mainstream Bitcoin payment growing

BitPay’s Chief Commercial Officer, Sonny Singh lauded the move by AT&T and the job they have done to make it happen. He added that more companies will soon start the following suit because the adoption of crypto payment by such a big telecom company will motivate competitors to consider joining the trend as most companies are eager to learn.

AT&T follows other major corporation in the US that Accept bitcoin payments such as Subway, Expedia, Overstock, Microsoft, and Shopify. Most recently Whole Foods and a number of retailers began accepting bitcoin payments through third-party partnership.

Article Produced By
Ankit Singhania

Based in India, Ankit is a financial content writer and stock market analyst. He has worked for almost a decade on several financial projects related to the stock market news, fundamental research and technical analysis for several websites. He obtained his Masters Degree In finance (MS – finance) from ICFAI. Currently, he serves as a financial consultant and technical analyst at Tradersinsights.com.

https://cryptocurrencynews.com/bitcoin-payments-att-customers/

Thomas ClaimCo.in

Malta AI and Blockchain Summit Spring Addition 2019: Day 2 recap

Malta AI and Blockchain Summit Spring Addition 2019: Day 2 recap

After a productive day one at the Malta AI & Blockchain Summit,

delegates returned for their second dose of expo floor exploration, sessions, workshops and networking opportunities at the Hilton. While the summit attracted established businesses and entrepreneurs encompassing a number of industries, the intersection of iGaming and blockchain proved to be a particularly exciting area, especially because Malta is a hub for both industries.

“My keynote today was about blockchain and gambling and in my opinion its one of the leading sectors in this space in terms of monetization and actualization and exemplification of blockchain”, Carla Maree Vella of Consultxd shared with CoinGeek.com. “This is not just said by myself, tons of key figures out there that are saying blockchain and gambling, those are going to be the key examples”, she revealed. Vella went on to provide examples of iGaming companies that are using blockchain technology to engage consumers, while also touching on how the immutability of blockchain information takes everything one step further for iGaming.

Ganapati is an example of an iGaming company that is paving the way with its use of blockchain and in fact, they were big exhibitors at the summit and last night’s recipients of “Marketing Campaign of the Year” at the Malta AI & Blockchain Summit Awards. “Through our work as an online slot provider we found a hole in the market that a lot of the casino users didn’t trust the sites and the operators. Now what provides trust, and what provides transparency? Blockchain!”, shared Ganapati COO Juliet Adelstein.

“So we began building our own blockchain platform that our online casino will sit on top of. Along with that, in conjunction we’ve also released a stable coin, G8C, which is a brand new form of stable coin in the iGaming industry”, she explained. As the crypto industry matures, more and more practical uses for blockchain technology continue to make their way to Unlinkthe surface. Vinay Gupta, one of the early minds behind the Ethereum launch, revealed how his organization, Mattereum, is using the blockchain to track memorabilia.

“The problem that we’re solving is provenance of physical object and our first partnership is with William Shatner of Star Trek and many other series fame, to take the collectables and memorabilia and basically produce blockchain proofs that they are accurate, that they are what they are said to be and these proofs have some legal reinforcement”, Gupta shared with CoinGeek.com “So its not just that somebody says they are real, there’s actually a financial aspect to that proof that allows you to recover value if it turns out to be a ringer. So this is new territory and we’re very pleased to have such a high profile first partner”, he added.

As the two day summit came to a close, organizer Eman Pulis shared his thoughts on the blockchain industry in general and how his events are crafted to help push the industry forward in Malta and around the globe. “What characterizes this industry is that its moving so fast”, said Pulis. “So after last November I thought, listen, we can’t wait another 12 months to bring those amazing people back to Malta. So we said lets wait six months and launch the spring/summer addition. So we did”, he said.

“Despite the long crypto winter, despite the bear market, despite the European Union elections happening tomorrow, we still managed to get a buzzing crowd of 5,500 people”, Pulis confirmed. “I think what makes this show special, unlike shows in North America where you have a North American focus, its truly global. Its been the characterization of the November show, also at this show we have delegates from Asia, delegates from North America, delegates from South America, so it is truly a global show where West meets East”, he added.

Article Produced By
Becky Liggero

After four and a half years of iGaming industry experience with Casino City, Becky Liggero joined Bitcoin Entrepreneur and Economic Envoy to the Government of Antigua Calvin Ayre to serve as the Head On-site Reporter for the Calvin Ayre Media Group. Since August 2009, Becky has exclusively conducted interviews with senior level executives and enthusiasts for a while continuing to travel the world and document her adventures for all to watch and read.

https://coingeek.com/malta-ai-and-blockchain-summit-spring-addition-2019-day-2-recap-video/

Thomas ClaimCo.in

Binance Crypto Exchange Ready To Launch Margin Trading For Users

Binance Crypto Exchange Ready To Launch Margin Trading For Users

 
 

                                 

 

The cryptocurrency exchange Binance has recently confirmed

that it will be launching margin trading for different digital assets. In a recent tweet uploaded by the platform, the exchange revealed two different interfaces for Binnace, one completely white and the second one completely dark. In these images, it is possible to see that the exchange is already testing margin trading.

Binance Could Soon Launch Margin Trading

Binance is one of the most popular exchanges in the market and it has been working in order to attract a large number of users. After being launched in 2017, it became one of the largest platforms for traders in the space. This time, the intention is to offer new features to users, including margin trading.

At the moment, there is no information about which is the leverage level that the company is going to be offering to its users. As they didn’t provide any guide regarding their plan for the future about margin trading, it is not possible to know which are going to be the digital assets that will have margin trading activated.  There are different digital currency exchanges that are currently offering margin trading, including Poloniex or BitMEX. However, Poloniex doesn’t offer a very competitive platform for margin traders. Kraken is also offering margin trading to its customers, while Coinbase Pro does not compete in this category.

Binance, with a large number of users, an easy to use interface and a fast service, became a recognized digital currency exchange. The firm has been also affected by a hack a few weeks ago that resulted in the loss of over 7,000 Bitcoin (BTC), worth close to $40 million at the time. With this new implementation that could be rolled out in the near future, according to Changpeng Zhao, the CEO of the company, the intention is to attract investors that were using other platforms to trade digital assets with margin.

Alex Krüger, a recognized crypto investor, released a poll on Twitter in which 36% of the respondents answered that they are going to be long crypto when margin becomes active on the platform. 14% answered that they are going to be shorting crypto. 32% said that they are not planning to use margin. Finally, 18% selected the “see results” option. At the time of writing this article, Binance is the second largest crypto trading platform with a market capitalisation of $2.31 billion traded in the last 24 hours.

Try Out Binance Today

or over two years, UseTheBitcoin has done the research, covered the news, and helped readers find the best blockchain projects. The one thing we keep coming back to is Binance. Binance has set itself apart as the best trading platform for beginners and experienced traders, and gives you hundreds of coins to invest in. Start trading today on Binance!

Article Produced By
Carlos Terenzi

Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.
 

Thomas ClaimCo.in

Facebook set to launch its own Cryptocurrency called Globalcoin in 2020

Facebook set to launch its own Cryptocurrency called “Globalcoin” in 2020

                                

Facebook’s Crypto to be called “Globalcoin”

Social media giant Facebook is planning to launch its own Cryptocurrency named “Globalcoin” in the first quarter of 2020, according to a report from BBC. It is looking to start trails by the end of this year. Facebook recently registered a company called “Libra Networks” which is a Blockchain initiative that it has been working on for over a year. Even though Facebook has been secretive about its project, reports have emerged that the social media giant was looking for a Billion dollar funding for the Libra project.

Facebook has reportedly sought advice from the U.S Treasury officials and the bank of England governor Mark Carney regarding the opportunities and risks involved in creating a Cryptocurrency. According to FT, the company is also in talks with Winklevoss led Gemini and Coinbase for custody and trading solutions. Facebook is also in talks with payment giants like Visa, Mastercard and Western Union to collaborate and fund the initiative. The social media giant is looking to tap into the global remittance market by enabling cross border payments on Whatsapp in 12 countries including India.

Facebook’s Coin a Bitcoin Killer?

Facebook’s coin will most likely be a stablecoin pegged to fiat currencies like the dollar instead of a volatile asset like Bitcoin, there is no information available on the technical details of the Libra project. However, based on Facebook’s reputation of selling user data and its monopolistic tendencies, it is fair to assume that Facebook’s “Globalcoin” would mostly be centrally controlled, unlike Bitcoin’s decentralized governance. While some are critical of Facebook’s Crypto endeavor, others view it as a positive step for the mainstream adoption of Cryptocurrencies. One must not forget that Facebook’s humungous userbase which is larger than any online platform, any product released by Facebook will likely gain massive adoption and would be unprecedented in Crypto.

Article Produced By

Shrikar

https://blockmanity.com/news/facebook-set-to-launch-its-own-cryptocurrency-called-globalcoin-in-2020/

Thomas ClaimCo.in

Tron Price Prediction 2019: What Price Can Tron Reach This Year?

Tron Price Prediction 2019: What Price Can Tron Reach This Year?

              

Short TRON Description

The decentralized platform was designed to enable content creators to send, upload, own, publish, and store their data without relying on third-parties. Tron was created by Justin Sun, a former employee of Ripple, and its headquarters are located in Singapore. Currently, TRX ranks 11th on the list of top digital currencies according to market cap.

TRON Price Prediction 2019: Analysis and Price Forecast

Seeing as the crypto is one of the best performing cryptos in the space, TRX has great expansion potential. Most recent Tron price predictions state that the project will most likely see an exponential increase before the end of the year. The CEO of TRON, Justin Sun, revealed that the TRON network has surpassed EOS in terms of unique addresses and that TRON has acquired more unique addresses in the first 95 days than ETH in the same time period during its own launch.

Two other upgrades are also in planned to occur by the end of the year- the first being scheduled for 15th of November and the other in December. The TRON Virtual Machine (TVM) was launched last year, which now means that developers are able to design dApps on TRON’s mainnet. The market responded positively, with TRON experiencing a price appreciation in the 24 hours following the launch. Based on past responses, the significant developments which are scheduled to come will increase Tron’s potential to see some price growths.

TRX has already forged several key partnerships which will bring mutual benefits that could greatly influence its price in the next three months and years to come. Justin Sun has secured partnerships with BitForex, FX market company- Shiftmarkets, and Chinese exchange OTCBTC. Justin Sun’s connection with Alibaba’s founder Jack Ma suggests that there may be a potential merger in the near future, which might boost Tron’s prices and adoption. 2019 is expected to bring many enhancements in TRX’s security and privacy.

Tron saw a rapid development in market rank, as just a few months ago it was in 56th position, and now it is placed in 11th position, according to data from CoinMarketCap. Even though Tron might experience increases, they will not be as noticeable when compared to those of its peers. But, after 2019, it might start to pick up the pace as it has its roadmap features a lot of plans for future developments. 2019 will see the release of one of its most anticipated projects – Project Atlas –  which would integrate BitTorrent to enhance its security.

                                               

Tron Price Prediction: Market Forecasts

Seeing as the markets are prone to volatility, no one is able to provide an exact prediction on how one crypto asset will evolve. There have been several publications and websites that have released their own Tron price prediction. We will be going through some of them in our list below:

1.BitcoinExchangeGuide

The site of Bitcoinexchangeguide forecasts that Tron will reach $2.78 by September next year.

2. investingpr.com

According to the Tron price prediction made by investingpr.com, TRX will hit the $1 mark only in five years which, at this moment, sounds like a realistic forecast.

3. WalletInvestor

WalletInvestor predicted that TRX will not pass the value of $0.1 this year as they believe 2019 will not be a good year for this digital asset. However, they are of the opinion that it is not a bad year in which you can make investments.

4. More investors

As Tron will gain new investors from various payment services such as PayPal, many investors have argued that these partnerships will lead to an increase of $1.5 per coin.

5. JioMobilePhone1500

The Tron price prediction of Jiomobilephone1500 is that TRX might reach the level of $5 by the end of 2019, as they believe this year will be very favorable for the crypto. They made another bullish prediction, stating that, by 2020, TRX might have a price of $47.

6. CoinTame

CoinTame made the least favorable prediction for Tron in our list, where they believed that TRX might be priced around $0.633 in 2019 and, by the end of 2020, it might hit the $1 mark.

7. Smartereum

The cryptocurrency experts from the Smartereum analysis website predict that TRX will reach a price of $12 by the peak of 2019. They also stated that: “Based on the analysis of the present value of the digital currency, they have also predicted that, by 2020, the value of Tron could get to $52.91.” However, this seems like a really improbable prediction, at least from our point of view.

8. CoinSwitch

Crypto aggregator website CoinSwitch predicts that “there are good possibilities for it to reach 0.4 USD in the coming 5-8 months.”  ”Tron will heavily boost up its price this year. In the first two quarters, it will be lingering across 0.05 to 0.06 USD. But in the third quarter, it picks up its pace, wherein it reaches $0.07, and by the end 2019, it will reach up to $0.11, which is positive as compared to the last year.” We believe that this is the most plausible prediction for TRX’s price for 2019, considering the current factors and data.

Summary

TRON has many factors that are currently in its favor, but it remains to be seen if the markets will be bullish in 2019 for TRX.

Article Produced By
Anca Faget

Hi, I’m Anca. You might’ve stumbled upon my literary creations while searching for stuff on the internet. I write mostly on topics related to tech, crypto and such (although there was a period in my life when I wrote sarcastic descriptions for bizarre Amazon products). When my ADD kicks in I turn sticky notes into Pikachus or pop bubble wrap.

https://coindoo.com/tron-price-prediction/

Thomas ClaimCo.in

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

                                 

The crypto market is going through a period of massive recovery

in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction. At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months. While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC during bull runs is not something that goes unnoticed — or unpunished.

Altcoins outperforming BTC

1. Bitcoin Cash (BCH)

Out of all the coins in the Bitcoin family, BCH has been one of the best performers ever since April 1st. It even managed to outperform BTC by nearly 25% during this time, which may come as a surprise, considering that this was a project whose update caused a second market crash back in November 2018.

However, this event, which also gave birth to Bitcoin SV (BSV) might be the very reason why BCH is outperforming BTC. Or, rather, BSV itself might be the reason. While BCH has been doing better than BTC, BSV has been outperforming BCH. In other words, the rivalry between the two, rather than the desire to get in line with Bitcoin, might be what fuels Bitcoin Cash’s great performance.

2. BitTorrent (BTT)

BitTorrent has been one of the best performers for a while now. The coin launched on January 28th on Binance Launchpad, and developed within the TRON ecosystem is still growing rapidly. In fact, it is rising through the ranks faster than any other cryptocurrency. Only a week ago, the coin was sitting at 40th spot, while it currently sits at 34th, and is threatening to fulfill Justin Sun’s promise of climbing up to top 20 in less than a month. At the time of writing, the coin’s price is at $0.001317, with 28.71% growth against the USD in the last 24 hours, and 24.07% growth against BTC during the same period.

3. Chainlink (LINK)

Finally, there is Chainlink (LINK), which is currently 26th largest cryptocurrency by market cap. The coin currently has a price of $1.13, with 12.58% growth against the USD in the last 24 hours, as well as 11.65% growth against Bitcoin. The project is seeing a lot of hype due to the fact that its MainNet is expected to see a launch in less than ten days, on May 30th.

The MainNet will allow the coin to migrate to its own network, and create its own ecosystem, which is always followed by the celebration from the community, and hype regarding the project. Whether or not the launch and following token migration will go as planned still remains to be seen. For now, however, this is one of the top performing tokens in the market.

Article Produced By
Ali Raza

A freelance journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali's work has been published on a number of cryptocurrency publications.

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