Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
TRON
Tron Takes on SEC: Asserts Global Platform Immunity, Potential Relief for TRX?
Tron is fighting against the SEC in court, saying the agency lacks authority over its global operations. The SEC accuses Tron of selling unregistered securities and engaging in wash trading, but Tron denies the allegations. The Tron Foundation, the entity behind the layer-1 blockchain Tron, has filed a motion to dismiss a lawsuit brought by the United States Securities and Exchange Commission (SEC) in a New York federal court. Tron asserts that the SEC’s attempt to apply U.S. securities laws…
1 year ago
Tron Asks New York Federal Court To Dismiss SEC Lawsuit
The entity behind layer-1 blockchain Tron has urged a New York federal court to dismiss a lawsuit against it brought by the United States Securities and Exchange Commission (SEC). Tron has argued that the regulator is attempting to target predominantly foreign conduct and that it isn’t a worldwide regulator. Tron Seeks Dismissal Of SEC Lawsuit Tron sought the dismissal in a request under a New York-based federal court. The company asserted that the court must dismiss the lawsuit the Securities…
1 year ago
TRON Dominates Nearly 50% of Illicit Crypto Activity: TRM Labs Report
The TRON network accounted for 45% of all illicit volume in 2023, according to data released by analysts at blockchain forensics firm TRM Labs. TRM Labs released a report titled “The Illicit Crypto Economy” on Wednesday shedding light on the key trends in 2023 related to illicit activities and funds in the crypto space. TRON Blockchain Dominates Illicit Activity TRON blockchain network, founded by Chinese entrepreneur Justin Sun, accounted for the highest illicit activity last year, 45%, a surge from…
1 year ago
Cardano Emerges as Developer Favorite: Tops Ethereum, Avalanche, Litecoin, and Tron in GitHub Activity
Cardano’s recent GitHub activity reflects a strong commitment to development, positioning the cryptocurrency for future growth despite current price fluctuations. Historical data shows Cardano’s consistent positive performance trend in April, with double-digit gains common. In March 2024, Cardano showcased significant development activity, surpassing giants like Bitcoin (BTC) and Ethereum (ETH). Despite the ongoing enhancements, the price of Cardano (ADA) has hovered below $1 since April 2022, settling currently between the $0.60-$0.64 range. Despite a recent dip from $0.79 to $0.64,…
1 year ago
Solana (SOL) & Tron (TRON) Investor Excitement Peaks with Pushd’s (PUSHD) E-Commerce Ambitions, Triggering a Frenzy for Its Global Presa
With the evolution of Web3, decentralized marketplaces have emerged as a beacon of hope for those seeking accessibility and convenience in their purchasing experiences. For individuals with disabilities, the elderly or those living in remote areas, traditional centralized platforms like eBay and Amazon often pose significant challenges, hindering their ability to easily acquire the goods and services they need. Pushd (PUSHD), a revolutionary Web3 marketplace, is poised to revolutionize the e-commerce landscape by offering a decentralized, user-friendly and inclusive platform…
1 year ago
USDT Transaction Volume Soars on TRON DAO, Hits 2 Million Daily
There has been a remarkable surge in USDT transactions within the TRON ecosystem via TronDAO, showing a substantial increase since early February, now averaging over two million transactions daily. According to the latest data compiled by IntotheBlock, the surge brings the transaction volume close to the peak observed in January 2023. USDT Transaction Volume Soars on TRON DAO For the uninitiated, TRON DAO is a decentralized autonomous organization connected to a blockchain ecosystem. USDT, complying with the TRC-20 token standard…
1 year ago
Tron (TRX) & Solana (SOL) Hedge Fund Move Into Fezoo (FEZ) Presale As Binance Rival Platform Looks To Soar In Coming Months
On some days, rumors and social media significantly impact how tokens come out of the market. A simple tween from Elon Musk has increased the value of a token at some point in the market. This is why crypto traders keep a close eye on banters seen in the crypto market. Tron (TRX) and Solana (SOL) hedge funds have entered the Fezoo (FEZ) presale. This move by these investors somehow backs up the rumors and banter surrounding the Fezoo (FEZ)…
1 year ago
Binance Announces End of USDC Support on Tron Network
Binance has announced that its customers have until April 5 to transfer their USDC coins from Tron’s TRC20 to other supported versions. The Tron ecosystem remains the second largest web3 ecosystem after Ethereum with over $9.8 billion in TVL and more than $53 billion in stablecoins market cap Binance Holdings, the leading cryptocurrency by globally registered users and Bitcoin holdings, has announced that it will cease support for Circle’s USDC TRC20 by April 5, 2024. As a result, Binance users…
1 year ago
Milei Moneda Presale on Pace for High Returns Ahead of Sluggish Tron and Celestia Price Movements
Milei Moneda’s ($MEDA) presale promises high returns and real-life utility for investors. TRON’s (TRX) price will decline to $0.11 in a few weeks. Celestia’s (TIA) price will drop to $12.35 soon. With the recent downturns in the prices of TRON (TRX) and Celestia (TIA), the presale of Milei Moneda ($MEDA) presents an excellent opportunity for investors to capitalize on its promising prospects ahead of its launch. With its unique features and promising potential, Milei Moneda presents an enticing opportunity for…
1 year ago