Stocks in Chinese blockchain A-share companies “maxed out” to their 10% daily limit after a president Xi Jinping focused the attention of the public to the potential of the technology encouraging digital currencies, increasing the rise in related stocks and Bitcoin, which for the short time, though, went over $10,000.Xi said China should hurry up with its research into blockchain, the open ledger system that cryptocurrencies rely on. China’s central bank has been developing its own digital...
Read More »Tron and EOS Are Now among China’s Favourites in Latest Crypto Rankings
It seems that Tron (TRX) and EOS became China’s favorite children, at least if it’s to believe newly published CCID Crypto Ranking. The Chinese Ministry of Industry was always perplexing its selection of criteria, putting EOS up at the top based on its innovation.But let’s start with Tron. The Chinese blockchain platform that was previously under strict scrutiny from Beijing, got its satisfaction last week when Chinese President Xi Jinping gave a speech almost celebrating blockchain. China,...
Read More »Xi Blockchain Endorsement Triggered Buying Frenzy in Chinese Cryptocurrencies
Chinese President Xi Jinping announced support for blockchain last Thursday. The news was welcomed by the crypto community as Chinese altcoins such as NEO, TRON and Qtum skyrocketed over the weekend. Analysts believe that there’s more to the hype and speculation that powered the move of Chinese coins in their USD and BTC pairs. Chinese President Xi Jinping announced on Thursday that his country should “take the leading position in the emerging field of blockchain,” according to a...
Read More »Justin Sun’s Hype-Train Trumpets ‘$100 Billion Mega Corp’ Tron Partner
Blockchain company Tron is expected to reveal a partnership with a US “mega corporation” this week. Founder Justin Sun tweeted the announcement last week, hyping Tron, BitTorrent and Wink. Sun is prone to over-the-top announcements that often fail to materialize, like the infamous canceled lunch with Warren Buffett. Blockchain company Tron will reveal a partnership with a US “mega corporation” this week, according to founder Justin Sun. In typical over-the-top fashion, Sun teased...
Read More »Justin Sun Teases $100B Partnership with Megacorporation and Says TRX Is to Take 4th Place
TRON founder and BitTorrent CEO Justin Sun has announced a teaser to whet appetites in the TRON community about an announcement from him and the TRON foundation before October completely runs out. Taking to Twitter to post the teaser, Sun announced that TRON will enter into a partnership by next week, with a “hundred billion USD megacorporation.”#TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $TRX but all TRC10&20 tokens including $BTT...
Read More »Tron (TRX) Price Analysis: Bulls Sighting Fresh Increase Above $0.0165
Tron price is holding an important support near $0.0145 and correcting higher against the US Dollar.TRX price is facing a strong resistance near the $0.0162 and $0.0165 levels.There is a major bearish trend line forming with resistance near $0.0162 on the 4-hours chart (data feed via Bitfinex).The price is likely to rise steadily above the $0.0162 and $0.0165 levels in the near term.TRON price is showing positive signs against the US Dollar and bitcoin. TRX price remains well supported and it...
Read More »Justin Sun Denies Being behind Investment Group Backing Poloniex’s Split from Circle
Justin Sun who is the founder and CEO of Tron (TRX) has dismissed rumors and allegations that he is behind the investment group that acquired the premier cryptocurrency exchange group Poloniex. He indicated this in a tweet on October 19th and categorically stated that he is “not buying anything”.I'm not buying anything. Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on all exchanges that support $TRX & $BTT. ?— Justin Sun...
Read More »Tron (TRX) Price Analysis: Uptrend Gaining Pace Above $0.0160
Tron price is gaining bullish momentum above the $0.0160 resistance against the US Dollar.TRX price is likely to surpass the $0.0172 and $0.0175 resistance levels in the near term.There is a significant bullish trend line forming with support near $0.0161 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it remains well supported near the $0.0155 level.TRON price is trading in a steady uptrend against the US Dollar and bitcoin. TRX price is likely to...
Read More »Tron (TRX) Price Analysis: Primed For More Upsides To $0.018
Tron price is gaining momentum and it recently climbed above $0.0150 against the US Dollar.TRX price is currently testing the $0.0165 resistance and it could rise further in the near term.There is a crucial bullish trend line forming with support near $0.0150 on the 4-hours chart (data feed via Bitfinex).The price could surge towards $0.0180 or $0.0185 once it surpasses the $0.0165 resistance area.TRON price is showing positive signs against the US Dollar and bitcoin. TRX price is likely to...
Read More »EOS Scaling Solution the DAPP Network Gets a Major Upgrade
The DAPP Network, born out of frustration at the rising cost of vRAM for EOS’ virtual hard drive, has just had a major upgrade. Developer LiquidApps has announced the release of DSP 2.0, bringing with it a wide range of new features and fixes. Combined, these improvements make the emergent EOS scaling solution a force to be reckoned with, and pave the way for a flurry of new decentralized applications that can operate at scale. The DAPP Network is not a sidechain for EOS – LiquidApps call it...
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