TRON TRX

$0.0241
Market Cap $ 1.609 Bn (#8)
24h Volume $ 128.835 MM
Chg. 24h: 2.65%
Algo. score 4.2/5  (#22)
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TRON News

Tron’s Justin Sun Now Has More Followers Than Ethereum’s Vitalik Buterin

Tron (TRX) and Ethereum have been in a race since the time Tron became an independent network. Tron CEO Justin Sun seems to be more conscious of this race than Ethereum CEO Vitalik Buterin, which may explain why Tron appears to be winning. Recently even Sun’s Twitter followers exceeded those of Vitalik, as noted by Ran Neuner. Sun currently has 847 thousand followers as against Vitalik’s 834 thousand. Some Twitter users who commented on Ran’s post said the number of followers may be different but the quality is different. Some think it is too early to tell which of the two is the winner. Tommy Mustache, one of those who commented wrote; “I do agree. It is still too early to tell who the winner is in this race. The fact that ETH was not able to handle the Blockchain Cutties transactions and it boggled down their network last year did not give me confidence in them. That was why I made the switch from ETH to Tron.” Tron has been competing with Ethereum for the top spot in smart contracts and dapps. Although Ethereum invented smart contracts and dapps, Sun is determined to outshine it in the industry, even setting goals to overtake it. Vitalik, on the other hand, seems oblivious to the perceived race and is moving at his own pace. Some people, however, believe Tron is no match for Ethereum because the network may not be as decentralized as Ethereum, for instance, one Twitter user wrote this: “Tron kills it in the marketing department but premature to declare it the winner in smart contracts. How many nodes does it have? How distributed are they? How big are the transactions? Like EOS is decentralization sacrificed by adding more TPS? Why no mass project migration to Tron?” In truth, Ethereum may be gearing up for a bigger thing to come with the Constantinople upgrade and its recent addition to Nasdaq’s Digital data services. Tron is also not relenting with its many projects and partnerships. Time, however, will tell who becomes the winner. Meanwhile, Ethereum is up in the second spot by market capitalization according to Coinmarketcap. Tron, therefore, has a bigger fight to face if it must beat Ethereum soon. The post Tron’s Justin Sun Now Has More Followers Than Ethereum’s Vitalik Buterin appeared first on ZyCrypto.

13 minutes ago

Principais notícias sobre criptomoedas desta sexta-feira

Por: Livecoins Para saber o que está acontecendo no mercado cripto nesta sexta, o Livecoins preparou um relatório das principais notícias que chegam ao mercado, confira a seguir. O banco central do Irã está trabalhando com um par de startups blockchain que estão desenvolvendo o que poderia ser a base para um novo ecossistema de token. A principal empresa de telecomunicações da Coreia do Sul, a KT Corporation, foi selecionada para desenvolver uma criptomoeda local na cidade sul-coreana de Gimpo. Os legisladores do Luxemburgo aprovaram, no dia 14 de Fevereiro, um quadro legal para conceder às transações efetuadas com a nova tecnologia o mesmo estatuto legal que as tradicionais. Criptomoedas ganham força neste país. O estado de Wyoming dos EUA passa agora a conta SF0125, que define “ativos digitais” como “propriedade”. Estado mostra que as criptomoedas estão ganhando força por lá após aprovar lei que permite que Bitcoin seja tratado como dinheiro. A SEC, que é a Comissão de Valores dos EUA, oficialmente começa a rever a proposta de ETF da Bitcoin da VanEck. Isso é uma vontade de muitos no mercado cripto, que enxergam um produto deste como a porta de entrada para investidores institucionais de peso, o que poderia trazer valorização de preços ao Bitcoin. A proibição de bitcoin e criptomoedas imposta durante 2017 na Indonésia não será retirada. Melhor evitar o país se quiser gastar suas criptomoedas. Umar Farooq, chefe do blockchain do JP Morgan, revelou três pedidos iniciais para o JPM Coin. Mesmo assim, JP Morgan não tem planos para disponibilizar o JPM Coin a indivíduos por hora, uma vez que a moeda ainda está em fase de testes. O número de comerciantes que aceitam pagamentos em Bitcoin em todo o mundo aumentou em mais de 700% nos últimos 6 anos, sugerem dados da Coinmap. Binance irá remover CLOAK, MOD, SALT, SUB e WINGS, ou seja, quem possuir essas moedas na corretora devem retirar de lá o mais rápido possível. O time de basquete Sacramento Kings diz que usará tecnologia 5G, VR e blockchain para a arena da NBA do futuro. O basquete é um dos esportes de sucesso nos EUA. A Forbes começou a vender um boletim informativo chamado Forbes CryptoAsset & Blockchain, vendido a US $ 595 por ano ou US $ 195 por trimestre. A mídia tradicional tem se aproximado com atenção ao tema criptomoedas e blockchain. Coinbase agora permite aos seus usuários transações com Bitcoin Satoshi Vision (BSV). Essa medida mostra força da comunidade desta cripto ao conseguir comércio em uma bolsa grande de criptomoedas. BitTorrent anunciou no Twitter que seu token BTT em breve será utilizável pelo TronCard. Comunidade Tron comemora essa possibilidade principalmente após terem recebido seu airdrop. O mundo segue atento ao mercado cripto na metade de fevereiro, com muitas novidades mostrando que o desenvolvimento não para. Fique ligado no Livecoins para muito mais. O artigo Principais notícias sobre criptomoedas desta sexta-feira foi publicado originalmente em Livecoins.

an hour ago

@producerknoidea @tommyp408 @cryptomanran @justinsuntron @Vi...

@producerknoidea @tommyp408 @cryptomanran @justinsuntron @VitalikButerin Not a criticism of Tron to be clear, just… https://t.co/cC0mI6NUNU

an hour ago

Tron [TRX/USD] Price Analysis: Token fails to climb the price ladder as updates increase

The cryptocurrency market’s rollercoaster has been going on for some time now, with users and investors bracing for an attack by the bear. These price downtrends have not been exclusive to just some cryptocurrencies but, have had a widespread effect across the entire market. Popular coins like Bitcoin [BTC], Ethereum [ETH] and Tron [TRX] have all succumbed to the bear’s prowess with emphasis on the support breaks. 1-hour Source: TradingView After starting the year off with price hikes, Tron has fallen prey to the bear, with the downtrend becoming more and more significant. The visible downtrend resulted in the prices dropping from $0.0277 to $0.0242 while the support has been holding at $0.0236. The immediate resistance is at $0.0277. The Parabolic SAR has been a mix of bearish and bullish signals, with the bear having a slight edge over the bull. This is evidenced by the markers staying above the price candles. The Awesome Oscillator for Tron has fared better than other cryptocurrencies, with the amplitude still remaining significant. The AO still points to the fact that the market momentum has decreased considerably over time. 1-day Source: TradingView Tron’s one-day graph paints the opposite picture to that of the one-hour graph, with the uptrend standing out. The rise lifted the prices from $0.0126 to $0.0236 while the long-term support is at $0.0117. The Relative Strength Index has started falling towards the oversold zone after staying closer to the overbought zone earlier. The hold near the oversold zone is a sign of the selling pressure being more than the buying pressure. The Chaikin Money Flow indicator has crashed way below the zero-line. This suggests that more capital is leaving the market, than coming in. Conclusion The above-mentioned indicators all point to the rampant pressure by the bear on the cryptocurrency market. Tron’s user base has been vying for a ‘moon’ spike on the back of several updates and developments, something that the cryptocurrency market’s behavior is yet to provide. The post Tron [TRX/USD] Price Analysis: Token fails to climb the price ladder as updates increase appeared first on AMBCrypto.

2 hours ago

Ripple/XRP and Tron [TRX]: Bearish Price Prospects Ahead for Both Coins?

XRP Daily Chart - Source: Tradingview.com XRP has dropped to the position of the third largest cryptocurrency by market cap after underperforming during bullish market rises last week. The underperformance resulted in Ethereum overtaking it and reclaiming the position as the second largest cryptocurrency. Technical patterns are not forming much better this week. We have seen XRP continue to consolidate for a lot of the week with several Doji candles forming. Doji candles are candles where the open and the close are around the same point and typically reflect uncertainty from traders. Price has been forming lower highs since the end of 2018 forming a downward trend. It has also been forming higher lows from the December low resulting in a descending triangle pattern. With the downward trend line being significantly steeper, the pattern is more similar to a descending triangle pattern which is a bearish trend continuation pattern increasing the likelihood of bearish movements going forward. XRP 4-Hour Chart - Source: Tradingview.com Price has been trading between two key levels. If the bearish trend continuation pattern plays out, there is an important weekly support level below the price at $0.286. If price can manage to break above the downward trend, the key resistance level to monitor is $0.311. Tron Daily Chart - Source: Tradingview.com Similarly, Tron has also been forming bearish price patterns as seller momentum increases. Tron had been outperforming over the past few weeks but failed to stay above the resistance level at $0.028. $0.028 is the point was a point of buyer liquidity during bearish declines in August. After several attempts at rising above $0.028 and failing, the price has since started trading downwards. Momentum is on the side of sellers as indicated by a decreasing RSI. The next key support level to monitor is $0.0233 which is just below where price is currently trading. $0.0233 acted as a second point of buyer liquidity during the bearish declines in August and has since acted both as an important support and resistance level. Tron 4-Hour Chart - Source: Tradingview.com Similar to XRP, Tron has been forming a bearish trend continuation pattern. A descending triangle has been forming between support at $0.023 and the downward trendline which has formed since price failed to surpass $0.028. Key Takeaways: Bearish price prospects for both XRP and Tron as both form bearish trend continuation patterns. Key levels to monitor for XRP are $0.286 as support and $0.311 as resistance. Key levels to monitor for Tron are $0.023 as support and the downward trendline and $0.028 as resistance. Latest Ripple and Tron News: European Parliament Member Discusses Crypto Regulations at Ripple Regionals TRON Foundation Joins Awareness Campaign to Find Treatments and Cure for ALS, Sun Donates $250,000 DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Ripple/XRP and Tron [TRX]: Bearish Price Prospects Ahead for Both Coins? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2 hours ago

@ImCryptoWealthy @tommyp408 @cryptomanran @justinsuntron @Vi...

@ImCryptoWealthy @tommyp408 @cryptomanran @justinsuntron @VitalikButerin Developers building on Tron are definitely… https://t.co/wVgw3X6MjX

3 hours ago

@tommyp408 @cryptomanran @justinsuntron @VitalikButerin Tron...

@tommyp408 @cryptomanran @justinsuntron @VitalikButerin Tron kills it in marketing department but premature to decl… https://t.co/7za4yn4Y2C

4 hours ago

Tron Price Analysis: TRX Bulls are Back, Correction Phase Over?

Latest Tron News Underpinning the success of any project, is its ability to draw new users. It doesn’t matter the size or funding levels. Bitcoin became an instant success because of its ability to cut off gate keepers, the middle men that continue to squeeze out every last penny in legacy set ups. Read: Binance To Delist 5 Cryptocurrencies: CLOAK, MOD, SALT, SUB and WINGS Taking the same route, Tron are slowly but surely gravitating towards their ultimate objectives of not only decentralizing the web but creating an ecosystem for entertainment in a two-pronged approach. First, they are a smart contracting platform where users can create tokens, launch applications and receive funds from interested parties. On the other, it is also a place where talented coders are incentivized to develop and contribute apps. Tron Arcade is an example and with a $100 million kitty spread out over three years, the Tron Foundation has their eyes set on one of the three SE Asia blockchain powerhouse—South Korea. Also Read: BTT Paired with XRP and More BitTorrent News Updates It’s a strategic move and verified statistics shows that in 2018, gamers in the country spent a whopping $5.8 billion. Armed with a scalable and a high throughput platform that’s already attracting developers from Ethereum, Roy Liu, the Business Development Manager signed a deal with two of South Korea’s leading gaming associations-Korea Mobile Game Association (KMGA) and the Korea Blockchain Contents Association (KBCCA). Add this to Justin Sun’s recent comments that their goal this year is education, it’s only a matter of time before we see how their efforts are paying off and influencing price action. TRX/USD Price Analysis Even so, TRX is not fairing any better. After an initial pump that temporarily thrusted prices above the all-important 2.5 cents, prices are sliding back and retesting primary support levels. Regardless, we shall continue to hold a bullish outlook on the digital asset. However, it’s all depends on how fast TRX prices recover from current lows as bulls snap back to trend thrusting prices towards 4 cents and later 6 cents. Trend and Candlestick Formation: Bullish, Breakout pattern In the lead up to BitTorrent ICO, the need of TRX and BNB temporarily pumped the coin causing a mis-pricing that is now being corrected. Despite this slide, prices are technically trending within a bullish breakout pattern with clear supports at 2.3 cents—2.5 cents zone. Considering price action of the last few days, it is likely that the retest phase has been completed. This stand will hold water more so if today close as a bullish right off the support line complete with decent volumes. If that is the case, risk off traders should begin looking for opportunities in lower time frames with first targets at 3.1 cents. The 3.1 cents mark is the tops of the inverted pin bar of Jan 27 and a conservative buy trigger line whose breakout could catalyze a rally towards 4 cents and even 6 cents. Volumes: Bullish On average, transactional volumes between mid-Dec and early Jan stood at around 16 million as relayed from Binance records. The correction wave between mid-Dec to Feb averaged around 8 million. This discrepancy means buyers are technically in charge and with evidence from candlestick arrangement, it is likely that volumes pick up. Ideally, volumes signaling bulls should be high above 8 million averages and even exceed 42 million of Feb 4. All Charts courtesy of Trading View—Binance This is not Investment Advice. Do your Research. The post Tron Price Analysis: TRX Bulls are Back, Correction Phase Over? appeared first on Ethereum World News.

4 hours ago

Tron Price Begins Moving up yet Traders Expected More

With the weekend almost upon the cryptocurrency industry, bullish momentum is in high demand. Not all of the currencies in the top 50 will be able to mount any noteworthy surge right away. As far as the Tron price is concerned, it would appear there is some upward pressure brewing. Although these gains are not massive by any means, it would appear things are heading in the right direction. Tron Price Tries to Turn Bullish It is only normal most alternative markets will try to mimic Bitcoin’s momentum when the overall sentiment resumes a minor bullish trend. In the case of Tron, the reliance on Bitcoin has been less apparent as of late, which is a promising first and foremost. Although Tron is also gaining on Bitcoin itself, it would appear the USD value of TRX may continue to improve for quite some time to come. Over the past 24 hours, there has been a notable 3.4% increase in Tron’s USD and BTC value alike. Because of this minor change, the Tron price currently sits at $0.0244, or 674 Satoshi. There is a long way to go before reclaiming the 800 Satoshi level, but the coming days may offer some promising sentiment in this regard. Combined with a rather healthy overall trading volume, it would appear the Tron price is in a very good place as of right now. Although there haven’t been any major developments in terms of Tron, there is a new YouTube video which can effectively educate the masses on why Tron could be a project worth keeping an eye on. As is usually the case, videos trying to get more people to invest in a specific cryptocurrency need to be taken with a grain of salt. However, there appears to be some good information in the video. An absolute MUST WATCH for anyone interested or wants to know more about #TRON.@justinsuntron @Tronfoundation @beatzcoin@mishalederman@MrGordon_UK #IAmDecentralizedhttps://t.co/qYOUOD9KnU — David D'Aprile (@DecentralizeTRX) February 14, 2019 For those who are wondering what the actual price chart has to offer, it is quite evident the market can easily head north or south from here on out. That in itself can make some speculators a bit uneasy first and foremost, although one has to keep in mind a lot of people seemingly expect a bullish breakout. Even a 1% gain over the weekend can be considered somewhat bullish, though. TRX/USDT 1 saatlik, alt trend desteğinden sekmiş....İzlemeye değer...#trx #tron #btc #eth pic.twitter.com/8NGA2eJjVQ — SERTAN ARİCİ (@Sertong81) February 15, 2019 Paul W Baldwin would like to see the Tron community put in a bit more effort when it comes to helping the price move along. A call to arms usually backfires in the crypto world, which makes this message all the more interesting. It appears some holders are desperate for an uptrend, even though long-term growth needs to be the number one priority at all times. Short-term profits are not in the best interest of most TRX holders. Hey Tron community,,#TRX Need's some help getting Past this resistance, how about giving it a little Push. — PAUL W BALDWIN (@crypto_cannon) February 15, 2019 All of these factors seem to indicate the current TRX momentum is firmly in place, although it may not necessarily yield any further gains from here on out. However, with the weekend just around the corner, it would appear some interesting momentum might be shaping up across the industry as a whole. Fridays are never a genuine trading indicator for the coming days, though. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Tron Price Begins Moving up yet Traders Expected More appeared first on NullTX.

5 hours ago

BitTorrent Token Price Faces Bearish Pressure Near the 27 Satoshi Level

Although the current BitTorrent Token momentum is not necessarily all that promising, there is no significant decline to speak of either. Even though there is some minor bearish pressure after the excitement calmed down, it seems the 27 Satoshi value will be maintained after all. For most BitTorrent Token price speculators, that will be a promising development. BitTorrent Token Price Tries to Hold the Line The past 24 hours have resulted in some uneasy momentum for most cryptocurrencies, tokens, and digital assets. This is primarily because Bitcoin’s price has remained a bit stuck in the dirt for multiple days. Now that the world’s leading cryptocurrency is showing minor signs of bullish momentum, one would expect others to follow suit. BitTorrent Token is a notable exception, for the time being. To put this in perspective, the BitTorrent Token price has dropped by 1.21% over the past few hours. This brings the value to $0.000969 again, or 27 Satoshi. In terms of BTT/TRX, it seems the current ratio remains near the 0.04 TRX level, which is a positive sign. Since none of the current setbacks are too worrisome, it seems likely BTT may return to $0.001 pretty quickly. That is, assuming this coin will follow the Bitcoin price trend in the coming hours. One big development for BTT this week is how the token is now officially supported on Changelly. This trading service has become quite popular among cryptocurrency enthusiasts in recent years, primarily because of the many different supported currencies at this time. Adding BTT to the list is a pretty intriguing turn of events, although it remains to be seen if there will be any significant demand for this token moving forward. Listing updates: We are excited to announce that $BTT, @BitTorrent token is now available at Changelly https://t.co/hQsb7s4vsc. With us, you can easily buy #BTT for 130+ #cryptocurrencies or with a credit card. Give it a try!@Tronfoundation @justinsuntron #bittorent pic.twitter.com/1BbH2Mjt4r — Changelly.com (@Changelly_team) February 15, 2019 Some users are also a bit confused as to why Tron creator Justin Sun is hyping up BTT so much, rather than focusing on his “own” currency first and foremost. While there is argument to be made in this regard, there is also a reason for this “hype”. After all, BitTorrent Token is an integral part of the overall Tron ecosystem, thus it is only normal it is given some special attention. Even so, the community could use some more focus on TRX, it seems. A little more focus on tron please and thank you. How come tron long holders did not get some btt as airdrop anyways? We the ones that support your cause to get to this point. While we are still at a loss and your gaining. — SteveMCInvest (@SteveMCinvest) February 15, 2019 When looking at the actual BTT price chart, it quickly becomes apparent this market will easily go either way pretty quickly. Mads Roland is convinced there will be another uptrend in the coming days, primarily because a minor flag is forming on top of a bigger flag. This will primarily play out for BTT/USDT, though, and might not necessarily represent any upcoming changes in BTT’s Bitcoin value. So we did get a bounce on the trendline and a minor flag is forming on top of a bigger one. This makes me quite sure that a bigger move up is right around the corner.https://t.co/SJsCbH14WU#BTT #BitTorrent #BTTUSDT #BTTUSD #crypto #cryptocurrency pic.twitter.com/oPZmUB90vS — Mads Roland (@madsroland) February 15, 2019 Although the opinions on BTT are still somewhat divided, the token continues to attract a fair bit of attention. Its overall trading volume has declined from $400m to $80m, which is not entirely abnormal once the main excitement cools off a little. Even so, there is still a lot of interest in this particular token, at least for speculative reasons. How that will affect its value over the coming days, remains to be determined. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post BitTorrent Token Price Faces Bearish Pressure Near the 27 Satoshi Level appeared first on NullTX.

9 hours ago

Stellar (XLM) On The Move, Bulls Eye $0.10 Position

A week after a dramatic surge in the market, the market is looking set to repeat the same. As we go into the weekend, the market has begun showing signs of yet another rally in the next couple of hours or days. Though some of the top ranking coins are yet to begin moving and are still recording marginal losses, further down the rank, some coins are beginning to record substantial gains. Litecoin LTC and Stellar XLM are two of the best-performing coins at the time of press, both recording gains of over 3%. XLM Eyes $0.10 In Short-term Rally For weeks ago, XLM was trading above the $0.10 position but has since dropped as low as $0.073. With the coin at the time of press trading for a little over $0.079, in the next couple of hours, the coin is almost guaranteed to get above $0.080 and possibly with extended gains steadily get above $0.090 over the coming days. At the time of press, the coin is recording gains of a little under 4%. Last week, the market rally seemed to have been triggered by Litecoin [LTC] which was performing exceptionally well hours before the rest of the market. Could Stellar trigger the next one? It most certainly could especially with the help of Litecoin which is also soaring. In the next couple of hours, extended gains from XLM and LTC will see more coins turn green and major coins begin rallying and moving the market. As Stellar begins to make a move, there’s expected to be a shake-up in ranking. As we reported a couple of days ago, Stellar was taking on Tron in its ranking. However, we did not address the fact that even as that plays out, Binance coin could flip Stellar first. Stellar is only short of Tron by less than $100 million, while Binance coin is only short of Tron’s market cap by less than $200 million but recording higher and more consistent gains. In the coming days and months, there’s certainly going to be some change between the three coins. Stellar has been one of the few coins that have managed to remain sustainable during the crypto winter. Many experts predict the bullish surge triggered last week to continue over the next coming weeks. A $0.17-$1.0 price range is one that is closely observed, with the range offering the chance to rally and hit early 2018 highs. The post Stellar (XLM) On The Move, Bulls Eye $0.10 Position appeared first on ZyCrypto.

9 hours ago

Tron, Stellar, and Binance Coin Prices Start to Spike After Intriguing Flat Week in Markets

While the markets have been trading sideways for the entire week, there are signs that a breakout could happen through Tron, Stellar and Binance Coin

10 hours ago

Tron Foundation’s Justin Sun says their aim for 2019 is to educate people on why Tron is better of all tokens

Tron, the eighth-largest cryptocurrency on the CoinMarketCap list has been performing well over the past few days. The Tron Foundation’s CEO and founder, Justin Sun, has been actively promoting the BitTorrent token [BTT] and it has reflected in its growing popularity. In a recent interview with The Street, Justin Sun stated his vision for Tron and BitTorrent token in 2019. Tron’s known aim is to decentralize the web, however, this year, Tron aims to educate people on the topic “Why TRON over anyone else?”. Sun informed: “...we’re constantly improving the protocol to deliver a better experience for everyone. When we talk about decentralizing the web, we’re thinking longer term about returning privacy and ownership online to the people, so that it’s not concentrated in the hands of just a few very large companies.” Sun has appreciated the effort of the community in embracing BTT and informed that this month, Tron Foundation will be distributing a number of BTT tokens for free through a token airdrop to the holders in places apart from the US and China. Sun also said: “We will follow with a live streaming product in some markets later this year.” Apart from the airdrop, like Tron community, the BitTorrent Community is also growing and is “is getting introduced to the TRON community, in particular, the 27 Super Representatives who govern the network’s ledger with the consent of our decentralized community”. The founder opined on the adoption process and what could drive it. According to Sun, once people understand blockchain as a technology and not just as a scheme to get rich, adoption will increase. However, for that to happen, Sun said: “Companies have to create use cases that make sense, and which benefit the global community.” Sun concluded by saying that he wanted people to not think of the cryptocurrency market as a money-making idea and understand why tokens and projects stand out over other solutions and “whether they can stand the test of time”. The post Tron Foundation’s Justin Sun says their aim for 2019 is to educate people on why Tron is better of all tokens appeared first on AMBCrypto.

11 hours ago

Crypto Market at Key Turning Point: BNB, EOS, Bitcoin Cash, Tron (TRX) Analysis

The total crypto market cap seems to be struggling near the $118.0B and $119.0B resistances. EOS price started a downside correction and declined below the $2.85 support level. Binance Coin (BNB) is performing nicely and it is currently up around 2.5% to $9.20. Bitcoin cash price is currently consolidating above the $122 support level. Tron (TRX) price broke a key support and settled below the $0.0250 level. The crypto market is facing an uphill task, with bearish moves. Therefore, there is a risk of bearish reaction in bitcoin (BTC), Ethereum (ETH), Binance coin (BNB), BCH, ripple, EOS, TRX and ADA. Bitcoin Cash Price Analysis Bitcoin cash price struggled to stay above the $125 resistance level and later declined against the US Dollar. The BCH/USD pair moved below the $124 level and tested the $122 support. The pair is currently consolidating above the $122 support, with the next immediate support at $120. If there is a fresh upward move, the price could face a strong resistance near the $125 level. On the downside, a break below the $120 support level might spark heavy bearish moves in the near term. EOS, Tron (TRX) and BNB Price Analysis EOS price rallied recently and traded towards the $2.95 and $3.00 resistance levels. Later, it started a downside correction and traded below the $2.85 and $2.80 support levels. The next key support is near $2.75 and $2.72, where buyers are likely to emerge. Tron started failed to stay above the $0.0270 and $0.0265 support levels. TRX price declined recently and broke the $0.0255 and $0.0250 support levels. The price is currently trading near the $0.0240 level, with an immediate support at $0.0235. The main resistance is at $0.0255 (the previous support level). Binance coin (BNB) performed really well in the past few days and rallied above the $8.00 and $9.00 resistance levels. BNB even traded above the $9.50 level and later corrected lower. The price is currently trading above $9.10 and it seems like it could revisit the $9.50 resistance in the coming sessions. Looking at the total cryptocurrency market cap hourly chart, there was a downside correction from well above the $120.0B level. The market cap declined below the $118.0B support and tested the $115.0B support. It is currently consolidating in a range, plus facing a strong resistance near the $118.0B and $119.0B levels. As long as the market cap is below the $118.0B and $119.0B levels, there is a risk of a downside reaction. On the downside, a break below the $115.0B support could spark bearish moves in bitcoin, ETH, tron, litecoin, EOS, ripple, stellar, litecoin and other altcoins in the near term. The post Crypto Market at Key Turning Point: BNB, EOS, Bitcoin Cash, Tron (TRX) Analysis appeared first on NewsBTC.

13 hours ago

Tron Price Analysis: Bears overtake Tron market despite its efforts

Tron has been performing phenomenally in comparison with other cryptocurrencies and a part its performance can be attributed to its BitTorrent Token’s highly anticipayted launch and adoption. Currently, Tron holds the eighth rank in terms of market cap and is just below the stable coin Tether [USDT]. The 24-hour trade volume of Tron is at $127 million and 13.34% of the trading volume comes from HitBTC exchange through the trade pair TRX/USDT. 1-hour Source: TradingView There is no uptrend being formed yet as the trend is heading down, so the downtrend for Tron extends from $0.0287 to $0.0245, with prices breaching the support at $0.02544. The resistance point is at $0.0283 since the first week of February but the prices have since moved away from it. The Parabolic SAR markers are seen forming above the price candles, indicating a bearish trend for the prices on Tron. The MACD indicator also indicates a bearish trend as there is the formation of bearish crossover, which is below the zero-line and is headed straight downwards. The Awesome Oscillator shows a decreasing momentum for prices as the bars formed are in red and are below the zero-line. 1-day Source: TradingView The uptrend for Tron in the one-day extends from $0.0129 to $0.02539 while the downtrend ranges from $0.0498 to $0.00284. The support at $0.0119 has been holding the Tron prices pretty solid since late November 2018. The resistance line at $0.0267 was breached briefly for a few weeks, but the prices have dipped below it again. The subsequent resistance point at $0.0396 is holding alright. The MACD line, in the larger time-frame, is also undergoing a bearish crossover towards the downside. The histogram accurately represents the same with red bars that have developed over the zero-line. The Stochastic indicator has dipped below the oversold range, indicating a bearish downtrend here as well. The Chaikin Money Flow indicates that money ]flowing into Tron is very less, indicating that the sellers are dominating the market. Conclusion The one-hour chart for Tron shows a bearish downtrend as indicated by SAR, MACD, and Awesome Oscillator. The one-day chart shows a bearish overall trend as indicated by MACD, Stochastic and CMF indicators. The post Tron Price Analysis: Bears overtake Tron market despite its efforts appeared first on AMBCrypto.

16 hours ago

Bitcoin [BTC]: Lightning Torch gains momentum as Binance’s CZ and Erik Voorhees participate

The cryptocurrency ecosystem has recently been very active in the development and growth of Bitcoin’s Lightning Network. The introduction of Lightning Network has been getting more and more attention due to ever-increasing support for an improved rate of adoption. Changpeng Zhao, CEO of Binance exchange recently tweeted through his support for the implementation of Lighting Network through his Twitter. He tweeted: The wider adoption of Bitcoin’s Lightning Network has been assisted by the ‘Lightning Torch,’ a social experiment that has generated a lot of attention for the network. According to the LN developers, Bitcoin’s Lightning Network offers significant improvements over major issues that plague common payment systems. The LN is supposed to enable users to transfer capital across the globe without the involvement of a third party, unlike MasterCard or PayPal. With the help of the social platform Twitter, the experiment has caught enough momentum and people are passing the “torch payment” from one person to another after adding 10,000 satoshis [valued at $0.357 at press time] to the payment, before passing it further forward. The experiment has got a lot of high-profile personalities to participate in the BLT [Bitcoin Lightning Network] experiment, including the CEO of Twitter, Jack Dorsey who openly participated and by extension, promoted the Bitcoin LN. Jack Dorsey had recently dubbed Bitcoin as the future “native currency” of the internet. Regarding the experiment he had stated, Source: Twitter The Lightning Torch was recently passed on to Changpeng Zhao and the founder of Binance exchange was also happy to engage in the experiment and demonstrate his support for the cause. Zhao has passed on the lighting torch to the Tron Foundation’s CEO Justin Sun who was delighted to be part of the experiment as well. He tweeted that, Source: Twitter Justin Sun’s shout out and endeavour to pass on the Lightning Torch failed however as Tesla CEO Elon Musk and NBA player Kobe Bryant failed to respond and participate. The Lightning Torch is now in the possession of Shapeshift exchange’s CEO, Eric Voorhees who recently tweeted on the subject. He tweeted, Source: Twitter The post Bitcoin [BTC]: Lightning Torch gains momentum as Binance’s CZ and Erik Voorhees participate appeared first on AMBCrypto.

19 hours ago

Tron Founder Justin Sun Marks the Latest Recipient of Lightning Torch

Today, Tron founder and BitTorrent CEO Justin Sun tweeted that he is the latest participant of the Lightning Torch network. From Twitter founder, Jack Dorsey to big names in the crypto industry, the torch has been relayed globally. Recently, it found its way to the Binance CEO, Changpeng Zhao who advocated Tesla CEO, Elon Musk to be the next participant. For now, Musk is silent on this proposition who has been tagged by many Lightning Network supporters. The relay transaction that has been circulating since January was also bounced to Twitter CEO Jack Dorsey. Dorsey appreciated the “cool example” of Bitcoin Twitter experimenting on Lightning Network. Just recently Dorsey had an interview with podcaster Stephen Livera and shared his plans to integrate Bitcoin with Square’s mobile app. “It’s not an ‘if,’ it’s more of a ‘when,’ and how do we make sure that we’re getting the speed that we need and the efficiency.” He further added, “We don’t think it stops at buying and selling [bitcoin]. We do want to help make happen the currency aspect.” Other notable torch-bearers have been Bitcoin advocate, Andreas Antonopoulos, and Blockstream Chief Strategy Officer, Samson Mow. In Lightning Torch’s journey around the world, a few transactions have also been “stolen” as someone who received the torch, instead of passing it onto someone else, keep it with them. Lightning Torch was first initiated by Hodlonaut that involves a Bitcoin transaction sent between nodes on the Lightning Network. Here each one adds 10,000 satoshis and the pass it on to the next. Over the past few months, Lightning Network has grown tremendously as currently, it has over 6,100 nodes with a network capacity of 661 BTC, according to the data provided by 1ML. The post Tron Founder Justin Sun Marks the Latest Recipient of Lightning Torch appeared first on Coingape.

21 hours ago

Top 6 Alt Coins by Market Cap: Are there signs of Decoupling from Bitcoin?

Top Trending News: -Binance CEO says Amazon will have to issue its own crypto-currency. Zhao meanwhile wrote on Twitter: For any internet (non-physical) based business, I don’t understand why anyone would not accept crypto for payments. It is easier, faster and cheaper to integration than traditional payment gateways. Less paperwork. And reaches more diverse demographic and geography. — CZ Binance (@cz_binance) February 2, 2019 -Litecoin has been on a trailblazer as of late in terms of price and fundamental news. Charlie Lee, founder of Litecoin, tweeted, “We are now also exploring doing bulletproof MimbleWimble w/ extension blks.” -In other Twitter news, Aliant announced that they will begin offering cryptocurrency processing free-of-charge to qualifying merchants that sign up for debit and credit card processing. Bob Moore Auto Group has signed on with Aliant to accept Litecoin at their dealerships. 2019 has been the year of shaking out the weak hands and allowing the builders to.....BUILD! Developers working on new technology are more focused on code and feel less pressure from skyrocketing prices. Mark Novogratz believes that all the infrastructure being built in 2019 to cater the institutional herd will serve as a launching pad for the next bull cycle. Tom Lee of Fundstrat who recently made an appearance on CNBC believes despite market sentiment Bitcoin is way undervalued. Fidelity is progressing in building their crypto-currency exchange and custody solution as well as the much anticipated Bakkt platform hopefully launching in 2019. Despite the positive fundamentals what does the technical picture tell us for the leading alt coins: 1. Ripple (XRP) Surveillance Report var tradingview_embed_options = {}; tradingview_embed_options.width = '640'; tradingview_embed_options.height = '400'; tradingview_embed_options.chart = 'dgN6DWh1'; new TradingView.chart(tradingview_embed_options); Week 1 of 21 - Ripple (XRP) Surveillance Report by bitcoinbobby on TradingView.com BEARS - have been successful squashing any short term rally attempts by the bulls in this descending channel. Every pullback has been defended by the bears. Selling pressure continues and evidence for this is when the 50 Day SMA (Orange Trend Line ) fell below the 200 Day MA (Blue Trend Line ) back on April 9th . This is known as a death cross. The fact XRP has been unable to confirm the 50 Day SMA as solid support since shows how much the bears are in control. If bears are successful in pushing prices below 26 cents this could ensue panic selling. We don’t feel XRP has reliable historical support from 2017 as the coin pumped so much in a short period of time. We feel more probable support would be a drop to the 161.8% Fibonacci retracement to around 17 cents. We feel there is enough of a risk/reward ratio to place a short if the bears are able to break below our short entry level of 26 cents. BULLS - XRP bulls will not gain ground until a high volume event propels the coin above the 50 Day SMA as well as the top of the descending channel. We want to be conservative going long in this pronounced bear market and patience is the name of the game. Therefore, we are suggesting to wait to place any buy orders until XRP breaks above the channel at or around 34 cents at the time of writing. We will update this entry price as the market develops and possibly to lower targets if prices continue to dip. The 200 Day MA (Blue Trend Line ) is sitting around 39 cents. XRP has outperformed Bitcoin for several months but has not been able to decouple. As you can see multiple times it’s propelled above its 200 Day MA, but was not able to sustain the momentum. Until Bitcoin starts to make some real bullish moves XRP will remain overall bearish sentiment. RSI - XRP has been a consistent RSI trade on oversold conditions since Aug 2018. Had you bought when RSI touched or dipped below 30 your average costs basis is still profitable. Or even better had you sold during the overbought levels or when the market began to reverse you would have profited with nice double-digit returns per trade. Trade suggestion: We are not recommending any trades until there is more market clarity whether you are a bear or bull. Be patient for interesting prices. 2. Ethereum Surveillance Report var tradingview_embed_options = {}; tradingview_embed_options.width = '640'; tradingview_embed_options.height = '400'; tradingview_embed_options.chart = 'uLHxH1Ep'; new TradingView.chart(tradingview_embed_options); Week 1 of 21 - Ethereum Surveillance Report by bitcoinbobby on TradingView.com BEARS - Back on April 10th, 2018 bears successfully completed the death cross where the 50 Day SMA (Orange Trend Line ) fell below the 200 Day MA (Blue Trend Line ). Since then Ethereum bulls have exhibited typical bear market behaviour. Desperate volatile pullbacks, but inside a descending channel . Selling pressure continues. If bears are successful in pushing prices below $95 a likely retest

21 hours ago

BitTorrent [BTT] Price Action - BTT Airdrops for Tron Holders Drives Price Surge

BTT Daily Chart - Source: Tradingview.com The second wave of buying has hit the recently listed BitTorrent token (BTT). BTT started trading on Binance on the 31st of January 2019. After the first few days of trading lower, BTT spiked to a high of nearly $0.0013. Price underwent a sharp reversal from this high but is now experiencing its second wave of buying. A large driver behind this buying is likely to be the airdrop which took place yesterday. The BitTorrent foundation airdropped a total of 10.89 billion tokens to holders of Tron. Both Tron and BitTorrent are projects headed by Justin Sun who is renowned for his marketing “skills”. The marketing strategies applied by Sun can often result in volatile price movements as is being seen in BTT. BTT 4-Hour Chart - Source: Tradingview.com Buyer momentum is strong behind the current rise, as indicated by the increases in both the 4-hour RSI and MACD. The key level to monitor is the former high. A break above this may result in a surge for the price, but resistance is likely to come into play as price approaches. Key Takeaways: Second wave of buying momentum is hitting BTT with the key driver likely to be the airdrop which took place yesterday Buying momentum is strong currently with both the 4-hour RSI and MACD increasing The key level to monitor is the point of the former high around $0.0013 Latest BitTorrent News: BitTorrent Token [BTT] Price Action - Analysts Divided as BTT Reaches 10x ICO Price Market Cap Rankings, BTT Token Launch, DApps, and More Discussed in TRON’s Weekly Report DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. BitTorrent [BTT] Price Action - BTT Airdrops for Tron Holders Drives Price Surge was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

21 hours ago

BTT Paired with XRP and More BitTorrent News Updates

There is no denying that all our favorite digital assets are in the red, save for a few such as Maker (MKR) and NEM (XEM). The latter two digital assets are currently exhibiting 4.34% and 3.94% in 24 hour gains at the moment of writing this. Further checking the market performance of BitTorrent (BTT), we find that the token has somewhat survived the ongoing market meltdown. BTT is currently valued at $0.000965 (27 Sats) and has declined in value by 4.34% in the last 24 hours. BTT/XRP Trading Pair It is amazing that the BTT token sale that started and ended on the 28th of January happened less than 3 weeks. In that short time period since the sale, a lot of developments have happened surrounding the token that aims at incentivizing seeding and bandwidth usage on the BitTorrent network. One such development is the addition of the BTT/XRP trading pair on Bitrue. The exchange has continually embraced XRP as a base currency on its exchange. At the moment of writing this, 27 digital assets are paired with the remittance coin. The tweet making the announcement of the new BTT pair can be found below. #BTT trading pairs are live on @BitrueOfficial now!BTT / XRPBTT / BTC Happy trading.@BitTorrent #XRP #xrpthebase https://t.co/mDiBedDGKEhttps://t.co/eulxR4HlJA pic.twitter.com/zFaZH63IZ5 — Bitrue (@BitrueOfficial) February 13, 2019 More Listings for BTT Late last week, Justin Sun had promised the Tron and BitTorrent communities of new listings of BTT on prominent exchanges. More major exchanges and first airdrop coming for #BTT & #TRX next week! Glad to see more adoption! #TRON #BitTorrent $TRX $BTT — Justin Sun (@justinsuntron) February 10, 2019 True to his word, the list of exchanges listing BTT has continued to increase with time and after the airdrop this past Monday. BitTorrent Inc. has provided the following official list of exchanges that support active trading of the token. Binance OKEx Bittrex International Huobi Upbit KuCoin Gate.io Cointiger Bitbns TRX Market Coinspot Sistemkoin Exrates Satowallet Coinexmarket More BTT Stablecoin Pairs on Binance In the case of Binance, the exchange has added the following BitTorrent trading pairs. BTT/PAX BTT/TUSD BTT/USDC BitTorrent Card Powered by GRID Not so long ago, BitTorrent Inc. informed the crypto community of the pending release of a BitTorrent Card that will be powered by GRID. The tweet can be found below. Introducing the BitTorrent $BTT card, powered by #GRID. Receive, store and use $BTT on the go! Stay tuned for more info. @Troncard_io pic.twitter.com/QhiiNNwUac — BitTorrent Inc. (@BitTorrent) February 13, 2019 GRID is a prepaid solution for buying, holding and gifting Tron (TRX). The card acts like a traditional pre-paid card and will soon be supporting BTT. The service by GRID has no fees, is anonymous and secure. Users can also recover their funds if the card is lost. What are your thoughts on the recent progress of the BitTorrent token in the crypto markets as well as additional support for BTT by exchanges? Is this the beginning of greatness for the token? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post BTT Paired with XRP and More BitTorrent News Updates appeared first on Ethereum World News.

21 hours ago

Tron’s Adoption Drive Not Paying Dividends? TRX Meltdown

Tron prices bearish, on a downtrend, retesting main support BitTorrent partner with TronCard via Grid as they drive towards adoption Transaction volumes shrink 50 percent from averages of 16 million to 8 million It’s all about adoption, and as Tron Foundation strike partners, BitTorrent is partnering with TronCard. Users will carefully spend their TRX spurring...

a day ago

Tron’s BitTorrent [BTT] gets paired with multiple stablecoins on Binance

Tron’s BitTorrent [BTT] is only a few weeks old in the cryptocurrency market and yet, it has already become very popular among crypto users. After some aggressive promotion by Tron Foundation and Justin Sun and the users’ growing familiarity with BTT, Binance has announced its decision to pair it with stable coins Paxos, TUSD, and […]

a day ago

TRX Price Predicted to Grow as Tron Expands Its Reach Entering the Gaming Sector

Tron, having conquered the torrenting space, is now looking at gaming as its next target, with an MoU being signed with major gaming companies

a day ago

ShapeShift Exchange CEO Erik Voorhees Receives Bitcoin Lightning Torch From Justin Sun

Erik Voorhees, the CEO of ShapeShift crypto exchange has received the Bitcoin Lighting Torch from Tron CEO Justin Sun. Reportedly, Sun had to wait for nearly 24hrs to hand over the Lightning Torch to Voorhees after his shout-out to Vitalik Buterin, Kobe Bryant, and Elon Musk to become the next recipient fell in deaf ears. The Bitcoin Lightning Torch was first introduced by crypto user “Hodlonaut” and represents the value of the Lightning network. Hodlonaut had sent out Bitcoin (BTC) via the Lightning network, showing the speed and low cost needed to conduct the transaction. (VK)

a day ago

Bitcoin, Ether, and XRP Weekly Market Update February 14, 2019

The top ten currencies are all in green for the last seven days with the only exception being TRON (TRX). Bitcoin gained 6.2 percent while ether is 18 percent up. The total crypto market cap moved up from $112 billion to $121 billion for the same time period. BTC/USD Bitcoin lost $13 of its valueRead MoreRead More. The post by Georgi Hristov appeared first on BTCManager, Bitcoin, Blockchain &...

a day ago

IOST Ready to Launch its MainNet at the end of February, Jimmy Zhong Says 40 High-Quality Dapps Already in the Pipeline

In a recent interview with SOSO Labs, a well-known crypto media in South Korea, IOST cofounder and CEO Jimmy Zhong said that IOST Main Net is ready to launch at the end of this month. Currently, the IOST Global Partner Program is in full swing, with more than 1.3B votes cast and 60 plus nodes being elected so far. Zhong said IOST network also welcomes those who are willing to join the IOST network governance but have zero tech background, as IOST would help them through third parties. He revealed that more than 40 Dapps are already in the pipeline for its Main Net launch, and they are beyond just the gambling DApps that EOS and Tron already have. They would launch a more diverse set of DApps, such as decentralized exchanges and content Dapps. Jimmy also believes IOST network could achieve a user base of 100M by the end of 2019. IOST is trading at $0.0067 as of this writing. (RL)

a day ago

#VoiceYourLove Campaign Joined by TRON Foundation, Justin Sun Donates $250,000

The TRON foundation has joined the ALS Association for the #VoiceYourLove awareness campaign that kicked off on February 11. The…

2 days ago

TRON CEO Justin Sun Donates $250,000 to #VoiceYourLove Campaign

The TRON foundation has joined the ALS Association for the #VoiceYourLove awareness campaign that kicked off on February 11. The…

2 days ago

IOST Named Among Top Playable Platforms Alongside ETH and EOS

IOST is the fourth playable platform after Ethereum, EOS, and Tron, IOST Co-Founder Jimmy Zhong stated. IOST, however, is the first “scalable solution in a decentralized way,” he added. Zhong is anticipating a “new era” of decentralized apps on the IOST blockchain in March after the mainnet launches on Feb. 25. He is inviting developers to start building on the project today. IOST has mass adoption of crypto in its sights, one tool for which is its Berm protocol for content that attracted more than 1 million sign-ups in 30 days. (GT)

2 days ago

Bitcoin Lightning Torch Unites Crypto Community

Over the past few days, the Bitcoin Lightning Torch has been passed between Binance CEO Changpeng “CZ” Zhao, Tron Founder Justin Sun, and ShapeShift Founder Erik Voorhees, not to mention Twitter Founder Jack Dorsey. The passing of the torch, which started as a game between Lightning nodes and custodial wallet holders, has united the crypto community of late, with blockchain leaders coming together for a common goal -- to demonstrate the speed and scalability of Bitcoin's second payment layer. One Bitcoin holder tweeted: “#LNTrustChain is the most exciting thing to happen to Bitcoin since it's Genesis. Shoutouts to @hodlonaut for starting it and the rest of the torch-bearers for keeping it going. Maybe not #ShillCoinJustin, but you know what I mean.” Instead of critiquing one another, the crypto leaders seemed to take friendly jabs at each other. The only thing they seemed to disagree on is whether the torch should be kept in the community or be passed to influencers in the mainstream. (GT)

2 days ago

Dog Racing In The Money: Tron Leads The DApp Race

Say what you want about Justin Sun, but he knows how to draw a crowd. Tron has now muscled its way into the top three decentralized applications (dApps) on DappRadar based on the number of users in the last 24 hours. Not only has it overtaken EOS in the rankings but it has also left […]

2 days ago

Tron (TRX) Ready For the $5.6 Billion South Korea’s Gaming Industry

Tron prices slide 8.5 percent in the last week Roy Liu, the business development manager, signs a deal with two of South Korea’s gaming associations Transaction volumes low, recovery depends on bull trend resumption The Tron Foundation may be hard at work, but market dynamics are exerting pressure on TRX. It is down 8.5 percent...

2 days ago

TRON Foundation Joins Awareness Campaign to Find Treatments and Cure for ALS, Sun Donates $250,000

The blockchain space has a heart too. The Tron Foundation announced on Feb. 11 via a blog post that it is joining the ALS Association for #VoiceYourLove campaign aimed at finding treatments and a cure for people living with amyotrophic lateral sclerosis (ALS), which is also referred to as Lou Gehrig’s disease. Tron, one of the largest blockchain protocols for building decentralized...

2 days ago

TRON Lends a Helping Hand to Fight ALS

The ALS Association is getting some help from the blockchain community as TRON has announced on February 11, 2019, that they will be taking part in the Association’s new campaign by donating funds and the use of their platform. Relief Efforts Previous years have seen a number of blockchain firms take part in various formsRead MoreRead More. The post by Tokoni Uti appeared first on BTCManager,...

2 days ago

Justin Sun Receives the Lightning Torch and Steps into Charity

The founder of Tron, Justin Sun, has shared with the community on Twitter that he is the most recent person to participate in the Lightning Network Torch

2 days ago

TRON Price Prediction: TRX / USD Has Broken Down From a Short Term Triangle Pattern, Where Is the Coin Heading Next?

Long-Term Outlook [caption id="attachment_33504" align="aligncenter" width="1034"] TRX / USD Weekly Chart - Source: Tradingview.com[/caption] A look at the weekly chart for TRX shows that the price is currently trading at $0.024 after retracing from the major resistance area near $0.03. Price is trading above the 21-period MA but below the 50-period MA, which is offering resistance to...

2 days ago

@JDKing007 Congratulations for winning the #TRON new year ca...

@JDKing007 Congratulations for winning the #TRON new year campaign, please PM me and send up of your TRX address in… https://t.co/j61f9hC6YZ

2 days ago

"The TRON Foundation’s involvement in the charitable campaig...

"The TRON Foundation’s involvement in the charitable campaign will be through the integration of its blockchain net… https://t.co/XhAAS1LsDD

3 days ago

Did Tron Unknowingly Expose Itself to Financial Liability when it Purchased BitTorrent?

Data from The National Law Review and TorrentFreak show that more than 3,300 lawsuits have been filed against BitTorrent users for copyright infringement. This startling number of lawsuits raises the question of whether or not Tron’s 2018 purchase of the file-sharing platform exposed the crypto-startup to legal liability. Some legal experts have suggested that since the majority of the lawsuits are against individual defendants accused of copyright infringement, Tron will not be held liable even though the company now owns BitTorrent. If the cases had been filed against BitTorrent then Tron might have had issues. A larger concern for the company is the substantial increase in the number of BitTorrent-related lawsuits could lead to a decline in the platform’s usage. (RS)

3 days ago

TRON Price Analysis: TRX Falls Below $0.025, Creating Fresh February Low — Can the Bulls Reverse the Recently-Established Bearish Momentum?

Support for TRX moving forward: $0.024022, $0.02317, $0.02226, $0.021228, $0.021. Resistance for TRX moving forward: $0.02510, $0.02578, $0.02685, $0.02806,…

3 days ago

Tron Weekly Report: Wallets, Smart Contracts, and New Years Celebrations

The Tron Foundation released its weekly report yesterday for the week ending February 9. The international version of the report is available in 14 languages on the Foundation’s blog. This week, the Foundation completed some work on smart contracts and the Tron wallet. The Foundation also highlighted many other developments that occurred during the week.

3 days ago

Tron Signs MoU with Leading DLT and Gaming Groups in South Korea

Tron intends to enter the gaming market of South Korea, so it strikes a partnership with two major Korean associations to do with blockchain and computer games

3 days ago

BitTorrent Token Airdrop Completes, BTT Jumps 10%, TRX Falls

There is no better way to garner attention for a new crypto token than to give it away. The Team at the Tron Foundation are experts at marketing and have widely promoted the BitTorrent token and a series of airdrops, the first of which has just been completed. Over 10 Billion Tokens Distributed Yesterday Justin...

3 days ago

BitTorrent Foundation Successfully Completes BTT Airdrop

That was the very first BTT airdrop to TRX holders in an upcoming series of monthly airdrops that will last till 2025

3 days ago

93% of Ethereum dApps Had Zero Transactions Today

At the moment Ethereum has 40 times more developers than its closest rivals but analysis of dApp activity shows that 86 percent of Ethereum dApps had zero users today and 93 percent had zero transactions. One Twitter user by the name Kevin Rooke also pointed out that of the 1,828 live dApps, 77 percent had zero users today and 85 percent had zero transaction volume. These statistics call into question the claim that blockchain and crypto are on the verge of mass adoption and another pressing issue has been the quality and sector concentration of dApps that do see frequent use. February 11th data from Dapp Radar shows that 7 out of the 10 highest performing dApps are from the gambling or gaming categories and three are exchanges. Despite the lack of use, ConsenSys MD Lory Kehoe believes that Ethereum will survive the test of time as it is “increasingly seen as the most versatile platform for enterprise solutions”. Analysts also point out that the problem is not specific to Ethereum as EOS and Tron also primarily see their highest traffic from gaming and gambling dApps. (RS)

4 days ago

Courteney Cox and Renee Zellweger Join Blockchain-Inspired Awareness Campaign for ALS

Actors Courteney Cox and Renee Zellweger have joined a blockchain-inspired awareness campaign for amyotrophic lateral sclerosis (ALS). The campaign, which has been named “Voice Your Love,” is being sponsored by blockchain project Tron. It is launching in conjunction with Valentine’s Day and encourages people to create videos expressing the way that they feel about people who have touched their lives. Cox and Zellweger are both featured in emotional videos in which they share how ALS has affected their loved ones. Tron Founder Justin Sun is donating $250,000 to the ALS Association toward finding a cure. The videos can be viewed on VoiceYourLove.org. (GT)

4 days ago

ALS Association Partners With TRON to Use Blockchain to Track Donations

The ALS Association has partnered with TRON to track campaign donations with blockchain

4 days ago

Ethereum (ETH) Reclaims the Number 2 Spot Ahead of Constantinople Upgrade, Edging out XRP

In the past few weeks, we have seen a constant reshuffling of the top 10 rankings of cryptocurrencies according to market capitalization. Only a few days ago, we saw Tron (TRX) make an entry into the top 10 riding on the wave of investor interest created by the BitTorrent (BTT) token sale and airdrop. TRX […]

4 days ago

Daily Berminal Brief: Ethereum Constantinople Update Scheduled For February 25, And Venezuela Starts Taxing Crypto Remittances

The State of The Market - February 11, 2019 BTC: $3,667.05 (+0.52%) XRP: $122.47 (+4.09%) ETH: $0.307311 (+1.24%) The market experienced a surprise revival on the weekend, adding over $11.5 Billion to the total market cap. All of the top 10 cryptocurrencies, except Tron (TRX) are in green right now. Also, Ethereum has once again reclaimed its second spot by market cap from XRP. However, it does not have a sizeable lead yet. The difference in market caps between Ethereum and XRP is just $180 million. Bitcoin is trading above $3,600 and making a push for $3,800. However, a significant bull run can only be expected if Bitcoin manages to push past $4,200. In other news, a formal application for listing DASH has been submitted to the popular cryptocurrency exchange Coinbase, and now they must wait for approval. Following the controversy surrounding past coin listings, Coinbase created an application procedure for all digital tokens and coins that wish to be listed on their platform. A Dash Core Team member confirmed the submission during a live Q&A in January. Also, Peer-to-peer crypto exchange LocalBitcoins has revealed that it will update its identity verification requirements and that it is cooperating with regulatory authorities in Finland. The exchange published a notice on its website explaining that the updates were required in order to remain compliant with the new 5th Anti-Money Laundering Directive (5AMLD) which was enacted by the European Commission in July 2018. All EU member states have until January 2020 to comply with 5AMLD requirements and the Finland-based exchange explained that it must comply in order to remain in business. 1) Ethereum hard fork co-ordinator Afri Schoedon revealed on Reddit that the next fork will activate on February 25, 2019, at block #7,280,000. This is the third time it has been scheduled, after cancelling it once on October 2018 and another time last month. However, this time, two forks will be taking place on the same block. The first is Constantinople, which will come with all its planned improvement. The next fork is called Petersburg, and it will disable the protocols in which issues were identified previously. 2) The National Superintendency of Crypto Assets and Related Activities (Sunacrip), the regulator of all crypto activities in Venezuela, recently released a decree establishing "the requirements and procedures for the sending and receiving of remittances in crypto assets to natural persons in the territory of the Bolivarian Republic of Venezuela." According to the decree: "The sender of the remittances referred to in this ruling is obliged to pay a financial commission in favor of Sunacrip up to a maximum amount of 15% calculated on the total of the remittance." 3) The Union Bank of the Philippines (Unionbank), one of the largest banks in the Philippines, has announced that it will be launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas' specifications. According to a statement released by Unionbank, "In the bank's continued quest to cater to the evolving needs and tastes of customers, including clients who use virtual currency, the ATM will provide these clients an alternative channel to convert their pesos to virtual currency and vice versa." The project is part of the Philippine government's regulatory sandbox. (VS)

4 days ago

Tron’s Dapp Ecosystem Achieves Gratifying Results Over the Past Year, Says Weekly Report

Tron, which has one of the most popular Dapps platforms in the evolving crypto space published a positive Dapp weekly report on Feb. 8 in which it claims that its Dapp ecosystem “has achieved gratifying results over the past year.” The Tron community is brimming with a festive atmosphere as the new Lunar Year begins.

4 days ago


News courtesy of berminal.com
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