While the reasons for Sun’s recent financial transactions remain unknown, he has responded to the claims with just a comment “4” a number that signifies False News and Fear, Uncertainty and Doubts (FUD) amongst others. On-Chain data from crypto analytics firm, Lookonchain has shown that Justin Sun, the founder of the Tron Blockchain protocol has been liquidating some of his assets over the past 24 hours. According to the data from Lookonchain, the popular crypto innovator transferred a...
Read More »TRON Token TRX Slides 6% following Binance.US Delisting Announcement
In its delisting announcement, Binance.US said it would remove TRON’s TRX from its trading platform on April 18th. TRON‘s native TRX coin recently shed 6.4% following delisting from Binance.US amid a regulatory lawsuit against founder Justin Sun. Weeks ago, the Securities and Exchange Commission (SEC) sued Sun over allegations that he sold and airdropped unregistered securities. The regulatory agency also accuses the popular crypto entrepreneur of fraud and market manipulation involving...
Read More »Tron (TRX) Price Analysis: Bulls Aim Important Bullish Break
Tron price started a fresh increase from the $0.058 level against the US Dollar. TRX price is now trading above $0.0632 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0665 resistance zone. TRON price started a fresh increase above $0.0632 against the US Dollar, similar to Bitcoin. TRX’s price could rise...
Read More »Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests
Leading DeFi protocol Lido revealed that its NFT unstaking scheme would come full circle after the Ethereum Shanghai upgrade. Prominent decentralized finance (DeFi) protocol Lido has announced plans to incorporate non-fungible tokens (NFTs) into its unstaking process. Yesterday, the largest DeFi protocol by total value locked intimated on the plans during its Node Operator Community Call #5. According to Lido, users will receive a transferable NFT that represents their request withdrawal...
Read More »Tron (TRX) Price Analysis: Key Upside Break Above $0.065 Looms
Tron price started a fresh increase from the $0.057 level against the US Dollar. TRX price is now trading above $0.062 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $0.064 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0685 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise...
Read More »Telegram Integrates Tether (USDT) Payments on Tron Network
Telegram has added a new feature enabling users to send each other the world’s largest stablecoin, tether (USDT). USDT runs on several blockchains, but for now, Telegram has added support for the stablecoin only on Tron. According to an update on March 22nd, USDT-TRON – TRC20 – has been added to the popular messaging app’s wallet function, thereby expanding its payment capabilities for buying and selling crypto. USDT is the third crypto-asset joining Bitcoin and The Open...
Read More »Tron (TRX) Price Analysis: Trend Turns Bullish Above $0.065
Tron price started a fresh increase from the $0.055 level against the US Dollar. TRX price is now trading above $0.06 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.066 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.070 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise...
Read More »Tron (TRX) Price Analysis: Risk of Downside Break Below $0.066
Tron price started a fresh decline from the $0.0705 level against the US Dollar. TRX price is now trading below $0.0680 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0678 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0660 support zone. TRON price started a fresh decline below the $0.0680 against the US Dollar, similar bitcoin. TRX price could accelerate...
Read More »Tron (TRX) Price Analysis: Bulls Aim Fresh Increase To $0.075
Tron price started a fresh increase from the $0.066 level against the US Dollar. TRX price is now trading above $0.068 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0680 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.070 resistance zone. TRON price started a fresh increase above $0.068 against the US Dollar, similar bitcoin. TRX price could rise further if it...
Read More »Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously
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