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Tag Archives: TRON

BitTorrent (BTT) Explodes by 100% In Hours Following Broader Market Rally

TL;DR BitTorrent (BTT) exploded by a whopping 100% in the past few hours. This follows a broader market increase where numerous cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA), experienced significant gains, with Bitcoin reaching $44,000 for the first time in 19 months and others hitting yearly peaks. Catching Crypto’s Green Wave Numerous crypto assets are well in the green today (December 6), with Bitcoin (BTC), Ether...

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USDC Stablecoin Issuer Circle Rejects Accusations of Facilitating Illicit Financing

Stablecoin issuer Circle has dismissed false claims of facilitating illicit financing activities. In a letter addressed to US Senators Sherrod Brown and Elizabeth Warren, the company also said it does not provide banking services to Justin Sun, the Tron Foundation, or HTX (formerly known as Huobi Global). In February 2023, Circle terminated all accounts belonging to Sun and companies associated with him. “False” Claims of Illicit Financing In response to a previous letter...

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TRON Appears at Center of Militant Financing in Israel-Hamas War

Israeli security agencies note that the Tron network has become the preferred platform for crypto transfers by militant groups linked to Palestine, Hamas, etc. In Israel’s ongoing battle against the financing of Iran-backed militant groups such as Hamas and Hezbollah, a previously less scrutinized crypto network Tron has emerged as a significant player. Surpassing Bitcoin in terms of transaction speed and cost-effectiveness, the Tron network has become the preferred platform for crypto...

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Tron (TRX) Price Analysis: More Upsides Possible Above $0.092

Tron price started a fresh increase above the $0.0865 level against the US Dollar. TRX price is now trading above $0.0880 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0875 on the 4-hour chart (data feed via Kraken). The pair could continue to rise if it clears the $0.092 resistance zone. TRON price started a fresh increase above $0.0880 against the US Dollar, outpacing Bitcoin. TRX’s price could rise...

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Tron (TRX) Price Analysis: Bulls Eye Additional Gains

Tron price started a fresh increase above the $0.035 level against the US Dollar. TRX price is now trading above $0.0835 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.0840 on the 4-hour chart (data feed via Kraken). The pair could continue to move up if it settled above the $0.085 resistance zone. TRON price started a fresh increase above $0.0830 against the US Dollar, outpacing Bitcoin. TRX’s...

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Crypto Fuels Illicit Fentanyl Trade, Report Reveals

Elliptic, a leading blockchain analytics firm, has uncovered a network of 100 individual suppliers facilitating the illicit fentanyl trade by smuggling the precursor chemicals needed to synthesize fentanyl. The criminals have also been using cryptocurrency, specifically Bitcoin, Ethereum, Tron, and Monero, to make payments, facilitating the transfer of funds from buyers to suppliers, with the final destination being Mexico. Elliptic Uncovers Illegal Fentanyl Network In the...

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eToro Receives Approval to Offer Crypto-Related Services in EU Under CySEC CASP Register

eToro will be in a position to offer cross-border crypto services after the EU’s Markets in Crypto Assets (MiCA) regulatory framework goes into effect in December 2024. An investing platform with over 32 million registered users, eToro, has announced that it is ready to offer crypto-related services in the European Union (EU) after its application for registration under the Crypto Asset Service Provider (CySEC CASP) was approved. The company, however, announced that its Europe entity will...

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Tron (TRX) Price Analysis: Bulls Aim Fresh Increase To $0.080

Tron price started a fresh increase from the $0.0715 level against the US Dollar. TRX price is now trading above $0.0750 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0758 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0760 resistance zone. TRON price started a fresh increase above $0.0735 against the US Dollar, similar to Bitcoin. TRX’s...

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Tron (TRX) Price Analysis: Bears Aim Breakdown Below $0.075

Tron price started a fresh decline below the $0.080 level against the US Dollar. TRX price is now trading below $0.0785 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0775 on the 4-hour chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0750 support zone. TRON price started a fresh decline below the $0.0820 zone against the US Dollar, similar to Bitcoin. TRX price...

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Pro-ISIS Terrorist Organizations Ramp up Crypto Usage: TRM Labs

According to a recent report by blockchain analytics firm TRM Labs, terrorist groups globally, including those linked to ISIS, frequently utilize cryptocurrency for fundraising purposes. In certain instances, these terrorist organizations have been able to attract supporters and bolster their operations. TRM Labs revealed observing “mounting on-chain evidence” over the past 12 months that pro-ISIS networks in countries like Tajikistan, Indonesia, Pakistan, and Afghanistan...

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