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Tag Archives: News

TRX Holders Will Enter 2020 with ‘Fingers Crossed’ as 33B Tokens to Be Released

Analysts already predict TRX prices will fall if the Tron Foundation won’t burn them or use coins for some kind of very substantial development.  The current supply and demand proportion on the TRX market shows that the unlocking a new portion of tokens may serve a surprise to the loyal TRX holders.The TRON community was celebrating independence from the Ethereum blockchain back in 2018. As a symbol of the powerful event, the great coin burn happened. TRON had destroyed 1 billion tokens,...

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DLive and Lino Network Join BitTorrent and Tron Ecosystem

DLive is a social platform for sharing content using blockchain, and now they want to extend by seriously migrating to the TRON ecosystem supported by Tron Foundation. The platforms will make sure that the customers are getting the service of content sharing, video streaming and more. The BitTorrent network will show advertisements of DLive, and serve as the file storage for the company.Justin Sun Buying Companies: Plans a Business Empire?DLIve is in development for the last 15 months....

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BOK Says It’s Not Ready for a National Digital Coin

Over the past year, several nations or banks of nations have come forth and issued plans to create digital currencies that its residents or citizens can utilize to purchase both goods and services. Strangely, the Bank of Korea (BOK) is not one of those regions.BOK: Now Is Not the Time for a Digital CurrencyBOK, despite rumors that the area was looking to establish a stronger presence in the digital currency space through a digitized form of fiat, has come forward to explain that it’s not...

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NULS Loses Two Million Tokens to Cyberthieves

It’s happened again, folks. Another blockchain was ransacked by hackers who have made off with quite a bit of digital money. This time around, the victim is NULS, a token that’s reporting losses of nearly $500,000 at press time due to the hacker activity.NULS: Another Target of ThievesThe NULS team took to Twitter to tell enthusiasts and traders about the trouble they were facing. It appears as many as two million tokens were stolen, which at the time of writing, amount to roughly $480,000....

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Libra Is a Failure, Says Ueli Maurer

Not long ago, it was reported that Libra was looking to make a new home in Switzerland. Well, it appears now that even Switzerland is looking down on the project, claiming that it’s not as strong as it should be.Libra and Switzerland Aren’t Friends AnymoreThese words came from Ueli Maurer, the country’s finance minster and outgoing president. He considers Libra something of a failure in its present state and doesn’t believe it can change the monetary system as it is. He also said that it...

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Tron’s Justin Sun Announces New Acquisition for the BitTorrent Platform

Justin Sun, the founder of Tron (TRX) cryptocurrency and the CEO of the BitTorrent platform has announced a new acquisition for the platform. On Sunday, December 29, Sun announced that he has a special announcement on January 1, 2020, for the BitTorrent family.New acquisition for $BTT and @BitTorrent in three days. Stay tuned and welcome new members to #BitTorrent family! #BTT— Justin Sun (@justinsuntron) December 29, 2019Besides, Justin Sun has also mentioned that the new acquisition will...

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Bitcoin Post-Holiday Consolidation Opens Up New Opportunities for Altcoins

Bitcoin’s market capitalization has grown by 1.4% over the past 24 hours and now stands at $ 197.1 billion. Trading volume also rose to $ 17.2 billion (+ 26.6%). The weakness of the Bitcoin consolidation made it lose a bit of dominance, which now stands at 68.08%.Bitcoin (-0.16%) uninterrupted with growth over the weekend, but with fears among buyers, while Bitcoin SV, Litecoin and Bitcoin Cash has grown by 3.5% over the past 24 hours. Also a solid momentum: Binance Coin (+ 5-15%), Ethereum...

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Peter Schiff is Right in One Thing: Bitcoin Became Uncorrelated Asset

Even though we can say that Bitcoin was one of the assets that grew almost 100% this year, it seems that Euro Pacific Capital CEO Peter Schiff doesn’t agree.In his tweet, Schiff pointed out that that Bitcoin is the only asset class that is not rallying at the moment.Bitcoin is not disappointing those who claim its true value is that it’s a non-correlated asset. Every asset class in the world is rallying into the end of the year except Bitcoin. Not sure what value this actually adds, but at...

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China is on the Way to Its First Blockchain ETF Approval

The application for the blockchain ETF was accepted by the CSRC on Tuesday, December 24. It was filed by Penghua Fund, an asset management company based in China’s Shenzhen city. While it is currently unclear how long is required before a response, the Chinese blockchain community seems to be carefully watching.First Blockchain ETF In ChinaThe product has been named the Penghua Shenzhen Stocks Blockchain ETF. Penghua intends for the ETF to track and mirror all blockchain firms with public...

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Stellar Lumen (XLM) Price Shows Signs of Important Reversal

Stellar lumen price is currently consolidating above the $0.0450 support area against the US Dollar.XLM price might start a decent increase if it clears the $0.0480 and $0.0500 resistance levels.There is a key bearish trend line forming with resistance near $0.0465 on the 4-hours chart (data feed via Kraken).The pair seems to be forming a strong support base near $0.0450 and $0.0435.Stellar lumen price is sowing positive signs against the US Dollar, while bitcoin is climbing higher. XLM is...

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