Category: TRON

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TRX Drops as Justin Sun Leaves Tron to Become His Excellency Ambassador

Tron (TRX) founder Justin Sun said he was appointed as the Ambassador, Permanent Representative of Grenada to the World Trade Organization (WTO), and now he’s stepping away from the day-to-day operations at the Tron Foundation. At 11:31 UTC, TRX, ranked 23rd by market capitalization, traded at USD 0.0834 and was down 1.4% in an hour.…
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Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost anywhere between 15% to 23.9%…
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Crypto Market Sentiment Dropped Last Week

Crypto market sentiment keeps falling, and has done so for the second week in a row now, moving closer towards the score of 5. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stood at 5.47 last week, but it is at 5.22 today, according to data provided by the market…
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Cardano and Tron Fall as eToro Restricts Access for US Users

The Israel-based trading platform eToro announced on Tuesday that it will restrict access to the two cryptocurrencies cardano (ADA) and tron (TRX) for users in the United States. The price of both tokens fell sharply in the market following the news. “US users will not be able to open new ADA or TRX positions starting…
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Crypto Market Sentiment Drops

Despite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market sentiment analysis service Omenics…. Read More: Crypto Market…
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Crypto Market Sentiment Unchanged; Cardano Takes the Throne

After finally re-entering the positive zone last Monday, crypto market sentiment is holding onto it tight, but without seeing a relevant change. Compared to last week’s 6.04, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.02, according to the market sentiment analysis service Omenics…. Read More: Crypto Market Sentiment…
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Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network

The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset…
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Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K

The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole lot different. For instance, ether…
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Tron Partnering With Sony Interactive Entertainment to Enhance Blockchain Gaming Experience

PRESS RELEASE. SAN FRANCISCO – October 15, 2021 – TRON, one of the largest blockchain-based operating systems in the world, is announcing an upcoming partnership with Sony Interactive Entertainment today. Tron will provide the gaming company with its blockchain and expertise to enable in-game purchases, trading of in-game items and facilitate fast, cross-border payments on…
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Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June

A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a device called the “goxx box,” to give signals and make purchases in front of the live streaming audience that follows him. Mr. Goxx has achieved an impressive current score of +24% and even…
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