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Justin Sun, the creator of the Tron blockchain, and now the owner of two exchanges – Huobi and Poloniex – has shared a bullish outlook for the near future of the cryptocurrency market, specially stressing the second largest cryptocurrency Ethereum.
Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.
Tron (TRX) experienced a significant surge in network activity during October, showing promising growth in blockchain adoption. However, the optimistic trend quickly reversed in November, leaving many wondering what went wrong for the popular blockchain platform.
Tron also witnessed an increase in its share of total transactions among leading altcoin blockchains.
Tron's network activity surged considerably last month, but the trend changed in November.
TRON (TRX) has recently demonstrated resilience despite minor price fluctuations. As of November 5, 2024, TRON's price dipped slightly from $0.1678 to $0.1654, reflecting a 1.8% decline at the beginning of the month.
The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.
TRON price is poised for a significant 150% breakout, but there is an important caveat to consider before getting too optimistic. While the potential gains are enticing, the TRX chart setup shows a sTRONg resistance that the price must first overcome before it can rally 150%.
TRON price is poised for a significant 150% breakout, but there is an important caveat to consider before getting too optimistic. While the potential gains are enticing, the TRX chart setup shows a sTRONg resistance that the price must first overcome before it can rally 150%.
The Tron blockchain network has reached another significant milestone as its transaction volume increased for the eighth consecutive month in October. According to the latest data, the platform recorded an average of 238.6 million transactions in October, marking an 8.15% jump from September.
The Tron project has displayed an impeccable price performance this year. Further, with increased adoption and the launch of a unique and exciting project on its blockchain, its native token “TRX” has outperformed major cryptocurrencies over the past few months.
Digital assets traded in the red today as cryptocurrency enthusiasts remain skittish amidst the United States Presidential elections. Bitcoin price retraced towards the $68K mark, dragging the altcoin market lower over the past day. The bellwether token trades at $68,790 at press time, with bears signaling further declines before probable uptrends.
While cryptocurrency bears tightening their grip amidst the United States Presidential elections, Tron (TRX) holders enjoy profits. IntoTheBlock data shows that 97% of investors are making money at current prices, with 2% at break even and only 1% experiencing losses. Such significant profitability levels reflect Tron's resilience and unwavering confidence in the altcoin's future.
TRON's latest price action could come in for significant volatility soon.
XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.
TRON (TRX) was one of the most active chains in October, handling more than 43% of all altcoin chain traffic. TRON also had the second-highest monthly revenues for 2024.
Crypto Twitter got spicy after Coinbase CEO Brian Armstrong said the exchange doesn't charge fees, with other execs pushing back.
The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak.
In the month of October, the Tron blockchain recorded record revenues of 205 million dollars, driven mainly by growth in the DeFi sector and the expansion of meme coins.
TRON founder Justin Sun recently disputed Coinbase CEO Brian Armstrong's claim that the exchange offers free asset listings. The post TRON Founder Says Coinbase Requested $80M in TRX and $250M in BTC for Token Listing appeared first on Cryptonews.
Coinbase CEO got an informal community note after Justin Sun debunked claims of no listing charges
A hot new debate has emerged in the crypto community regarding alleged listing fees on centralized exchanges - specifically Binance and Coinbase. It all began with one of the venture capitalists sharing the details of a conversation with a high-end project that reportedly received a listing offer requesting 15% of the project's total token supply, an amount potentially worth up to $100 million.
TRON (TRX) has fallen back near the moving average lines. The altcoin will resume its uptrend if it holds above the moving averages.
The crypto market has witnessed massive rallies in the past week ahead of the bull season, with Bitcoin breaking a crucial resistance zone. Popular market analysts such as Crypto Rover believe the altcoin season is so close as crypto platforms continue strengthening their networks ahead of the bull season.
