By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 26th, the TRX demonstrates no clear priorities, generally trading at 0.0146 USD. On D1, TRX/USD keeps moving sideways inside a horizontal channel. In the nearest future, the quotations may slightly decline to 0.0140 USD. Judging by the instrument’s weak volatility, we should not expect any activity...Read More
In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going as far as claiming the other is ‘vaporware’. Filecoin’s (FIL) Mainnet is set...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, April 28th, the TRX keeps growing smoothly. It is generally trading at 0.0145 USD; the market is positive. On H4, TRX/USD demonstrates a stable uptrend. The MACD has moved to the positive zone, i.e. factors are promising further growth. However, note that this growth is a correction...Read More
In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled by the sudden increase. However, it could be due to the Just (JST) token scale next month and the allure of staking TRX....Read More
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins. The Bitcoin...Read More
In summary: Decentralized Finance (DeFi) has blossomed in the last year as more projects utilize the Ethereum blockchain due to its smart-contract capabilities. Currently, there is over 2.7 Million ETH locked up in DeFi DApps. Maker DAO transactions take up 49.36% of the ETH locked up in DeFi platforms. Can Tron (TRX) exceed this with...Read More
Quick take: Poloniex recently launched LaunchBase, its homegrown IEO platform. Tron (TRX) is the sole digital asset approved for investment on LaunchBase. Could TRX experience a run in the markets similar to BNB’s in 2019 when Binance Launchpad was launched? On the 5th of April, the crypto exchange of Poloniex announced that it had a...Read More
In brief: The team at Tron had been working on a DeFi platform known as Djed. The Mainnet was launched today, April 4th. The DApp has been rebranded to JUST. Decentralized Finance, or simply DeFi, has been one of 2020’s highly anticipated use cases of cryptocurrencies and blockchain. As the name suggests, DeFi plans to...Read More
In brief: Tron (TRX) and BitTorrent (BTT) community member, pointed out that the Tron network has functioned flawlessly since its launch. For close to two years, the Tron Mainnet has continued to live up to expectations of the community. Its Bug Bounty program is one reason the network continues to thrive. The backbone of any...Read More
In brief: The team at Binance has made 3 major announcements in less than 24 hours. Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). Secondly, the team launched a new OTC trading portal. Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX). The last 24 hours have...Read More
In brief: Tron bought DLive in December 2019. DLive was soon integrated into the BitTorrent ecosystem. Bitcoin (BTC) has now been removed as a payment option on the Livestreaming platform and has been replaced by TRX, BTT and TRC-20 USDT. Back in December 2019, the Tron Foundation acquired the popular livestreaming platform of DLive and...Read More
Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply currently sits at over 2.2 billion tokens, while the Omni equivalent stands at around 1.5 billion. The Tron network...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, December 13th, the Tron cryptocurrency stopped falling, trading around $0.0138. On D1, the correctional growth ends and falling continues. It was additionally supported by a Black Cross on the MACD. The goal of decline remains at the fractal support level of $0.0110. A breakout of this...Read More
Crypto exchange giant Binance is currently looking to expand its token trading pair listings for its US platform by as many as 18 new cryptocurrencies. Tron and Tezos On Binance Radar for US Crypto Exchange In a blog post published on Tuesday (December 11, 2019), Binance.US, the American arm of Binance announced that it was...Read More
Today the IDAX crypto exchange revealed they will be adding support for TRX trading thanks to a new collaboration with the Tron foundation. TRX will be available for trading on the IDAX platform against Bittorent Token (BTT) and WINk (WIN) as a base currency. The two pairs, BTT/TRX ad WIN/TRX, will go live starting with...Read More
