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On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as the project aims to leverage a decentralized forex reserve […]Powered by WPeMatico
On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.” Tron to Launch […]Powered by WPeMatico
TRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its highest point since November. TRON (TRX) TRX surged today, as founder H.E. Justin Sun of TRON confirmed that […]Powered by WPeMatico
PRESS RELEASE. Penjaga Lilin Nusantara, an Indonesian Cooperative in Malang- East java is setting up Ricetron.com a Tron-based DeFi to tokenized rice-based stablecoin. The website aims to invite crypto enthusiasts to stake Tron and mint RET (Rice Economy Token), a governance token that will fund RIC (Rice Inventory Coin) stablecoin. RET token holders will benefit […]Powered by WPeMatico
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron token holders that a portion of the missing funds has been frozen. The exit scam comes a few weeks after […]
The post Sharktron Defi Project Devs Exit Scam: Tron Foundation Says Part of Missing Funds Now Frozen appeared first on Bitcoin News.
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Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals. In an earlier […]
The post P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders appeared first on Bitcoin News.
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By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 26th, the TRX demonstrates no clear priorities, generally trading at 0.0146 USD. On D1, TRX/USD keeps moving sideways inside a horizontal channel. In the nearest future, the quotations may slightly decline to 0.0140 USD. Judging by the instrument’s weak volatility, we should not expect any activity at this stage. The MACD histogram is below zero, indicating a possible decline. The signal lines of the MACD have formed a Black Cross, giving an additional signal of the decline. However, the potential for the decline being so weak, the instrument seems more appealing
The post Tron Price Analysis for May 26th – TRX Consolidating appeared first on The Merkle News.
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By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, April 28th, the TRX keeps growing smoothly. It is generally trading at 0.0145 USD; the market is positive. On H4, TRX/USD demonstrates a stable uptrend. The MACD has moved to the positive zone, i.e. factors are promising further growth. However, note that this growth is a correction of the preceding declining wave. By now, the quotations have reached 38.2% Fibo and may rise to 50.0% (0.0169 USD). Also, there is a divergence forming, warning of an upcoming trend reversal. It will be signaled by a breakaway of the support line near 0.0133
The post TRON Price Analysis for April, 28th – TRX Aiming at Growth appeared first on The Merkle News.
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Billionaire investor Warren Buffett received his first bitcoin and several other cryptocurrencies during a dinner with five cryptocurrency advocates, led by Justin Sun who spent $4.57 million to secure a meal with the multi-billionaire. They discussed a number of topics, including whether Tesla stock is a good investment, as the group tried to convince the […]
The post Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin appeared first on Bitcoin News.
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On Friday, January 24th, the Tron is declining, trading at $0.0159. On D1, the last wave of declining after the attempted tests of the support area between $0.0110 and $0.0117 changed for an impulse of growth that has managed to break out the resistance line of the mid-term channel. Such a situation may mean the beginning of a new uptrend forming. The nearest goal of the growth will be the local fractal $0.0230 but only after a breakout of $0.0185. On the MACD, the lines are getting ready to cross 0 to the positive area, which supports the idea of
The post Tron Price Analysis for January, 24th – TRX Falling appeared first on The Merkle Hash.
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