TRX

Upbit Global introduces USDT support on the TRON network with no withdrawal fees. The TRON network processes 6.75 million transactions daily, indicating robust activity. Upbit Global, a popular cryptocurrency exchange, has added support for the stablecoin USDT on the TRON (TRC20) network, allowing for deposits and withdrawals of this token. To commemorate this achievement, Upbit stated that USDT withdrawals conducted via the TRON network will be free of charge. This fee waiver is a smart move to encourage more users…

Bitcoin (BTC) continued to drop over the weekend despite a sharp bounce on Saturday, which saw the cryptocurrency climb back above $58,000. However, selling pressure pushed the price back down, with BTC trading around the $55,600 mark.  The sudden drop in the price of BTC can be attributed to a couple of major factors that have led to panic selling, although Saturday’s rebound indicates strong demand at lower levels.  A Market In Panic  Bitcoin (BTC) has dropped to levels not…

Blockchain payments firm Orbital has revealed that USDT on the TRON network makes up 98% of all payments processed by its clients as the stablecoin’s dominance continues to grow. USDT’s appeal is strongest in emerging markets for its low fees, instant settlement and easy access to the USD, which for most users, is the greatest hedge against runaway inflation. USDT is the world’s largest stablecoin, and while it’s just a tool for trade on exchanges for many in the developing…

The German government has begun moving a large sum of Bitcoin days following a similar move made by the European Nation, which helped lead to BTC price drops. Moreover, the United States has also begun moving the cryptocurrency. In total, 1,500 BTC was worth $94.94 million, and many of these tokens were spread across accounts on major crypto exchanges, based on data from Arkham Intelligence. The key cryptocurrencies which are being accumulated the most now include TRON (TRX), Chainlink (LINK)…

TRON burned over 11 million TRX, showcasing a strong commitment to deflation and value growth. TRON leads stablecoin transactions with a 97.62% market share, surpassing Ethereum and other blockchains. On July 2nd, TRON made headlines by burning 11,531,634 TRX tokens. This important action shows the dedication of the network to deflation and value expansion. With a net negative production ratio of -6,465,123, TRON keeps its top position in the blockchain sector. These kind of token burns are vital in lowering…

The post Justin Sun’s Team Dumps 173M TRX To Binance appeared first on Coinpedia Fintech News TRON founder, Justin Sun’s team dumped a massive 173.821 million TRX, valued at approximately $21.37 million, to Binance on Thursday. In addition to this, they also moved 120.149 billion BitTorent (BTT), worth around $105,000, and also shifted 20.293 billion WINkLink (WIN), equivalent to about $1.79 million. Earlier this week, TRX showed a strong recovery defying broader market trends where Bitcoin and Ethereum reached lows…

Data from Lookochain reveal that Tether (USDT) ‘s 24-hour trading volume on the TRON (TRX) network reached $53 billion, surpassing Visa’s average daily trading volume of $42 billion in Q1 2024. This remarkable development undermines the growing adoption and demand for stablecoins, especially in the Tron network. Data from Lookonchain has revealed that Tether’s USDT, the world’s leading stablecoin on the Tron Network, has surpassed payment giant Visa’s average daily trading volume of $42 billion. According to market intelligence firm…

The post Altcoins Gaining Strength: FTM & TRX Prices Fighting the Bearish Heat: Here’s What to Expect appeared first on Coinpedia Fintech News Bitcoin price appears to be in ‘Dire-Straits’ while some of the altcoins like Fantom & Tron are gaining strength. Ever since the Ethereum price displayed strength, the altcoins have turned out to be poised to achieve fresh highs in the later part of the year.  Tron (TRX) Price Analysis The March pullback heavily dragged the TRX price…

Ripple completed its acquisition of Standard Custody & Trust Company, and as a result, this could be the catalyst for massive institutional adoption of the XRP crypto, but it’s not the only one.  Toncoin (TON) and TRON (TRX) have both entered the green zone on the charts after a prolonged period of price decline which could propel them to new heights. However, in line with this bullish uptrend, Angry Pepe Fork (APORK) has spiked in momentum and could soon reach…