The stablecoin market is exponentially growing and Bitfinex sister company, Tether, currently leads the market with over $8 billion in market capitalization. The recent rapid printing in USDT as “inventory replenishes” has seen the market cap of the stable coin eclipse XRP into third with a total of $8,832,607,783 to XRP’s $8,826,197,105 as of May
Tron Founder and TRON Foundation CEO, Justin Sun, finally holds the Warren Buffet charity “lunch” at dinner. The TRX enthusiast gifted Buffet over $100,000 USD in TRX tokens. Is Justin finally gaining the wider crypto community’s confidence? In what was publicized as one of the largest events in the cryptocurrency world in the past year,
Tron (TRX) grows over 8% in a day as bulls target top 10 slot in the coming days. The spike follows the WIN airdrop announcement and spike in the Tron-based USDT to almost $1 billion USD. Can TRX breach key resistance at $0.2000 USD despite Justin and Tron Foundation problems? The cryptocurrency market has been
Justin Sun, Tron Foundation CEO, announced the launch of a new stablecoin backed by Tron (TRX) and BitTorrent (BTT) on Thursday 16th January 2020. The flamboyant and media friendly founder asked for the community’s opinion on what to name the coin in his ever-present suggestions/guessing game during announcements. However, the tenth largest cryptocurrency on Coinmarketcap
Tron fails to spark past $1 billion market cap despite Justin’s “big announcements”. TRX/USD falls below $0.015 USD as project accused of “competition sabotage.” Justin Sun, founder of Tron Foundation, is known for his ‘big announcements’ on the developments of Tron Network and BitTorrent in a bid to spike up the price by keeping the
Tron Foundation is set to disburse over 50 million TRX tokens (~$650,000 USD) to Super representatives starting 7th January 2020 at 0000 hrs. (SGT). According to the official report from Tron’s founder, Justin Sun, the giveaway is set on certain rules with exchanges, staking services and SRs who are genesis representatives all excluded from the
From cancelling the Buffett lunch, to getting slammed by Digibyte CEO Jared Tate, Justin Sun seems to have a knack for becoming the object of crypto Twitter’s attention. This time, he offered to help cash-strapped Ethereum developers, but he got trolled by the crypto community even while he was trying to do a good deed.
Crypto Bitlord, a crypto influencer who had started a petition against Ripple earlier in the year for dumping XRP in the crypto market and suppressing its price, has now sounded the alarm bells on Tron [TRX]. What’s Wrong With Tron? According to Crypto Bitlord, Binance controls 56% of the voting power in the Tron network,
Justin Sun’s Bittorrent (BTT) is gaining momentum on the weekend. The coin is presently soaring with 26.76 percent over the past 24 hours which makes it the 39th largest cryptocurrency in terms of market capitalization. To remind, Tron founder and BitTorrent CEO Justin Sun on May 06, 2019 gave bold TRX and BTT price predictions.
Bitcoin falls back to the $5000 support level as it had begun to consolidate above the $5200 level since 8th April with three small candles in the $5200-$5350 range. However, ‘a shooting star candlestick pattern has been observed on 10th April 2019, where Bitcoin tried to break out above $5400 but failed as it dropped
The bulls have spoken, and Bitcoin has yielded. The Price of Bitcoin broke past the $4200 resistance at around 5: 00 hours UTC on April 2, 2019. The price of Bitcoin is trading at $4725; it is trading 14.5% higher on the daily scale. The dominance of Bitcoin over the cryptocurrency market also increased from
The Chinese Government agency, the Center for Information and Industry Development (CCID) has released its ranking of the public blockchain on the basis of their technical prowess. Thirty-Five cryptocurrencies were technically evaluated: the three most popular Dapps platforms EOS, Tron and Ethereum attained the top three positions. According to the press release by CCID, it