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Tron Price Rises 53% in Five Days ? Is This TRX Run Sustainable??
by cryptocurrencypress | Jan 10, 2019 | Cryptocurrency News | 0 comments The Tron price (TRX) on Wednesday maintained its bullish momentum despite a watchful sentiment across other cryptocurrencies. The TRX/USD rate today peaked towards 0.0306, up 53% for the week after posting five consecutive daily buying sessions. On a 24-hour adjusted timeframe, the pair has posted a whopping 13.56% gain against the US dollar. The strong buying sentiment has prompted Tron's market capitalization to jump two ranks, leaving Craig Wrights Bitcoin SV and stablecoin Tether behind. Tron is also showing strong muscles against Bitcoin. According to an aggregate price index, the TRX/BTC pair has jumped 13.15% to 722 satoshis.

Ripple CEO to Critics After Obtaining 200 Clients: Banks Will Use XRP
by cryptocurrencypress | Jan 9, 2019 | Cryptocurrency News | 0 comments On January 9, CCN reported that 13 financial institutions have started to utilize the Ripple blockchain through RippleNet, bringing the total number of banks in the Ripple ecosystem to 200. Fintech applications and banks in the likes of Euro Exim Bank, SendFriend, and JNFX have integrated RippleNet for liquidity and instant settlement of payments that reportedly presents faster, more transparent, and low-cost alternatives to traditional settlement systems such as SWIFT. In an official announcement, Brad Garlinghouse, the CEO of Ripple, said that 100 financial institutions joined RippleNet last year and that the blockchain network is seeing a 350 percent increase in live payments.

Hong Kong Crypto Exchange to Offer Bitcoin Futures with 20x Leverage
by cryptocurrencypress | Jan 7, 2019 | Cryptocurrency News | 0 comments Hong Kong-based crypto exchange Coin Futures and Lending Exchange (CoinFLEX) has announced that it will be providing futures contracts for cryptocurrencies to Asian investors as from February 2019. CoinFLEX was launched in February 2018 as CoinfloorEX, a division of Coinfloor, the oldest British Bitcoin exchange. However, the venture has now announced that it will be breaking off from its former parent company. The new platform is co-owned by its parent company Coinfloor and notable industry investors such as Bitcoin Cash Evangelist Roger Ver, B2C2, Dragonfly Capital, Trading Technologies, Mike Komaransky, and others.

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