Blockchain Today Weekly Digest

10 Feb —16 Feb

Justin Sun admitted that Tron is a shitcoin, but then explained his words. Andrew Yang, who supported Bitcoin, withdrew his campaign for running for the presidency. Largest US Bitcoin exchange Coinbase launched margin trading. This and other news in our weekly digest.

1. Justin Sun admitted that Tron is a shitcoin

TRON founder Justin Sun, in a conversation with a popular bitcoin podcast maker, Peter McCormack, called his cryptocurrency a shitcoin.

According to a tweet from Peter McCormack, TRON CEO paid nothing for this interview and did not even lend him a private jet.

Subsequently, in his microblog on Weibo, Justin Sun explained that his words were taken out of context.

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2. Crypto supporter Andrew Yang withdrew from Presidental race

Andrew Yang, the democratic candidate of the United States presidential elections and an entrepreneur, withdrew his campaign for running for the presidency.

Yang spoke to his supporters on the matter, telling that it’s already clear from the numbers that he’s not going to win the race and he’s not willing to accept donations and support for a race that will not win.

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3. Largest US Bitcoin exchange Coinbase launched margin trading

Leading US crypto company Coinbase had announced the launch of margin trading on its Coinbase Pro platform. The report said that retail and institutional clients were able to open positions with leverage up to 3x in all pairs with the US dollar.

At the initial stage, this option is available to retail customers in 23 US states, for institutional customers, the choice is slightly wider 45 states and 9 countries.

Read more on Blockchain Today

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