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 Bullish Rebound At Support Level Signals Potential Upside To $0.1443
Tron (TRX) is showing strong bullish momentum after a significant rebound at a key support level. This recent shift in momentum suggests that the $0.1443 target is now within reach. As the bullish optimism around Tron’s price continues to grow, traders are closely watching to see if the price could sustain its bullish momentum to reach the $0.1443 level. In this article, we will analyze Tron’s current price movement following the rebound at $0.1259, evaluate the significance of the $0.1443…
10 months ago
Tron USDT Volume Hits $1.25T: DigiHorse (DIGI) Poised to Benefit from Growing Adoption
Recent data from Token Terminal has revealed a significant milestone in the blockchain space, with Tether (USDT) transfer volume on the Tron network reaching an impressive $1.25 trillion in Q2 2024. This figure represents roughly one-third of Visa’s annual $15 trillion volume. Also, it underscores Tron’s rising dominance in the stablecoin market and its growing influence over traditional payment systems. Notably, the data reflects a dramatic increase from just $25.2 billion in USDT transfers on Tron during Q2 2020, marking…
10 months ago
Tron Price Outshines Bitcoin: Can TRX Keep Momentum and Rise?
Tron price is rising from the $0.1250 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1320. Tron is moving higher above the $0.1280 resistance level against the US dollar. The price is trading above $0.130 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1305 on the hourly chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1335…
10 months ago
Despite Being in Crypto Top 10, Rollblock Is Trumping Both TRON (TRX) and Cardano (ADA) For Investor Attention
TRON has officially bumped out of the Top 10 list, but Cardano is still managing to hold its ground as the 10th largest crypto in terms of market cap. While these two battle it out, newcomer Rollblock (RBLK) is already stealing investor attention during presale with its unique crypto casino model! TRON (TRX) Surpasses 250 Million Accounts With TRON accounts surpassing the 250 million milestone, investors are eagerly waiting for a bullish recovery. Currently, TRON is trading at $0.127 with…
10 months ago
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TRONTron Lost 10% Since Last Week – Is There A Saving Grace Ahead?
Tron (TRX) faced huge losses after the market swung downward in a strong overreaction amidst macroeconomic fears. According to CoinGecko, the token is down nearly 6% since last week but has since turned a full 180 gaining almost a percent today, August 7th. Since then, the ecosystem continues to surprise the community with its strength As the market also resumes some form of recovery with a percent uptick in the total market cap, TRX might see some growth in the…
10 months ago
TR.ENERGY Enhances TRX for Efficient Transactions in the TRON NETWORK Ecosystem
Sharjah, UAE, August 4th, 2024, Chainwire TR.ENERGY is a company that provides the potential of secure TRX staking from 18% to 22% per annum, energy delegation, which allows the user to save up to 75% of the commission on USDT TRC-20 transfers, and AML verification of BTC, ETH and TRX. The TR.ENERGY company has been public for more than one year on the market and was presented twice on BlockChainLIfe. The company works with both private clients and large businesses,…
10 months ago
Tron Founder Calls On China To Reconsider Its BTC Policies
The post Tron Founder Calls On China To Reconsider Its BTC Policies appeared first on Coinpedia Fintech News Justin Sun has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space. Sun stressed that former U.S. President Trump had influenced the views and actions towards the crypto industry. China stepped out of cryptocurrency trading and mining activity in 2021 when several provinces started cracking down on the mining operations,…
10 months ago
Tron Price (TRX) Targets New Gains: Is Another Increase Coming?
Tron price is rising from the $0.1300 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1350. Tron is moving higher above the $0.1300 resistance level against the US dollar. The price is trading above $0.1320 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1330 on the hourly chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1380…
11 months ago
Tron Founder Justin Sun Buys $5M Worth of Ethereum Amid Market Optimism – Is the ETF Finally Launching?
Justin Sun, founder of Tron, has invested $5 million in Ethereum (ETH) amidst the Spot Ethereum ETF frenzy. Sun has accumulated over 362,751 ETH since February 2024, using three different wallet addresses. Justin Sun, founder of Tron, has made a significant move in the cryptocurrency market by investing $5 million in Ethereum (ETH). This purchase marks Sun’s entry into the frenzy surrounding Spot Ethereum ETFs. Spot On Chain, an on-chain analytics platform, has said that a large Ethereum transaction could…
11 months ago