Tron Weekly Report: Tron catches up to Ethereum’s transaction count as BitTorrent Speed launch looms

The Tron community rejoiced after the TRX token surged by 6% over 24 hours to re-enter the list of the world’s top-10 cryptocurrencies on CoinMarketCap. At press time, TRX had a market capitalization of $2.57 billion. Justin Sun, CEO of Tron Foundation, also announced on Twitter that TRX perpetual contracts had been launched on BaseFEX […]
The post Tron Weekly Report: Tron catches up to Ethereum’s transaction count as BitTorrent Speed launch looms appeared first on AMBCrypto.
Source: AMB Crypto

BaseFEX launches Tron [TRX] perpetual contracts

Justin Sun today announced the listing of Tron [TRX] perpetual contracts on BaseFEX, a cryptocurrency derivative exchange, via his official handle. He tweeted, #TRX is now available on @BaseFEX, $TRX perpetual contracts is launched on BaseFEX futures exchange. #TRON pic.twitter.com/bTPyB9jIn3 — Justin Sun (@justinsuntron) June 24, 2019 The price of the index would be derived from […]
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Source: AMB Crypto

Tron celebrates its second year of Independence as it continues to BUIDL a Decentralized Web

Tron [TRX] – Love it or Hate it, but you can’t ignore it When the entire market was enjoying a bull run in December 2017, John McAfee, a well-known influencer, endorsed a new cryptocurrency in the market, commenting that it was a “long-term Hodl.” A year down the line, the project has launched its own […]
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Source: AMB Crypto

Justin Sun Bids ‘Goodbye Ethereum!’ to Celebrate Tron Independence Day – Find Out Why

The Tron Foundation led by Justin Sun is celebrating Tron Independence Day on 25th June as their first anniversary of introducing their native Tron blockchain. Before June 2018, Tron was operating as an ERC-20 token on the Ehtereum blockchain. Nevertheless, the protocol behind Tron remained still the same.
Justin Sun has scheduled a live stream to highlight the growth and development of Tron in the past year. He tweeted,

“Goodbye Ethereum! Happy TRON Independence Day! #TRX $TRX”

Tron will also highlight the plans of the community and their goals in the live address. He also tweeted,

“…Are you ready? #TRONIndependenceDay is there to celebrate. Let’s make the most of it!”

Ethereum is one of the first cryptocurrency platforms that has supported a plethora of coins in the beginning. Not only Tron but also Binance (BNB) coin was earlier developed on Ethereum platform. After the new chain is designed and fully developed, the cryptocurrencies are shifted from one blockchain to another; following the same protocol. The old ERC-20 are burned in equal amounts as transfers to the new chain.
Tron initiated its mainnet launch on 25th June 2018. Nearly 100 exchanges and wallets including OKEx, Huobi, Binance, Bittrex and so on have completed their token migration process. TRON Foundation processed all the ERC20 Tokens retrieved.
The token migration process is completed with more than 99.1% of the 100 billion TRX tokens already done. Binance also performed its token burn process recently by shifting BNB coins from ERC20 to BEP2 tokens.
Tron has often led Ethereum in the bid for transaction volume and scalability. However, Ethereum 2.0 development and it’s market dominance is an increasing threat to other smart contract platforms like Tron, EOS, and Cardano. The total market dominance of Ethereum is around 10% with total market capitalization at $32 billion while the total Mcap of Tron is only about $2.5 billion.
Do you think that Tron Foundations marketing attempts will lead to the growth of TRX in a competitive environment? Please share your views with us. 
The post Justin Sun Bids ‘Goodbye Ethereum!’ to Celebrate Tron Independence Day – Find Out Why appeared first on Coingape.
Source: CoinGape

Tron Independence Day: What Will Justin Sun Unveil During Livestream Today

Coinspeaker
Tron Independence Day: What Will Justin Sun Unveil During Livestream Today
To celebrate TRON Independence Day, Justin Sun will hold livestream to summarize the achievements of the year and to reveal the plans for the future.
Tron Independence Day: What Will Justin Sun Unveil During Livestream Today

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Source: CoinSpeaker

Coinbase CFO on speculative trading, Facebook’s Libra runs into trademark trouble and more

Crypto News – 22 June – Bitcoin surges past $10K, Facebook’s Libra runs into trademark trouble and more Don’t forget to follow us for our daily videos#facebooklibra #bitcoin#CryptoNews #bitcoins#Coinbase #cryptocurrency #CryptoTwitter pic.twitter.com/v2oFTRepnD — AMBCrypto (@CryptoAmb) June 22, 2019 Crypto News – 22 June Bitcoin now being embraced by the masses? As charted out by cryptocurrency analyst […]
The post Coinbase CFO on speculative trading, Facebook’s Libra runs into trademark trouble and more appeared first on AMBCrypto.
Source: AMB Crypto

Tron’s DApp surpasses EOS and Ethereum in weekly trading volume as DApps count keeps rising

Tron launched its Odyssey-V3.6.0 update for the mainnet on June 20 and it was well-received by the community. Among the gaining coins, Tron [TRX], the twelfth largest coin in the market pumped over the past few days. Tron’s DApps helped the Tron ecosystem as it set a new record by exceeding its seven-day trading volume […]
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Source: AMB Crypto

Tron’s DApps record $15.9 million in 24-hour volume; beat EOS and Ethereum

The twelfth largest cryptocurrency according to CoinMarketCap, Tron [TRX], might have missed making a mark with respect to its price. However, its DApps have taken over the task of contributing significantly to its environment. Tron, in their latest announcement about the Odyssey 3.6 upgrade, had prioritized entertainment-focused decentralized applications [DApps]. Tron’s Chief Executive Officer, Justin […]
The post Tron’s DApps record $15.9 million in 24-hour volume; beat EOS and Ethereum appeared first on AMBCrypto.
Source: AMB Crypto

Hybridverse Building Its Euro-Backed Stablecoin on Zilliqa Blockchain

Coinspeaker
Hybridverse Building Its Euro-Backed Stablecoin on Zilliqa Blockchain
Hybridverse’s Euro backed stablecoin is called Hybrid Euro (HEUR), and is being built on Zilliqa Blockchain that is first and only blockchain to implement sharding.
Hybridverse Building Its Euro-Backed Stablecoin on Zilliqa Blockchain

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Source: CoinSpeaker

Crypto Market Targets $300 Billion Cap: Bitcoin Cash, EOS, TRX, ADA Analysis

The total crypto market cap gained momentum and broke the $260.0B resistance area.
Bitcoin price broke the main $9,000 resistance area and traded close to $9,400.
EOS price traded nicely above the $6.50 and $6.75 resistance levels.
Bitcoin cash price is trading above the $420 level and it could continue to rise towards $440.
Tron (TRX) price broke the $0.0330 resistance and it might continue to rise.
Cardano (ADA) price is slowly moving higher towards the key $0.1000 resistance.

The crypto market cap is surging above $265.0B, with sharp gains in bitcoin (BTC) and Ethereum (ETH). EOS, Tron (TRX), BCH, ripple, ADA, BNB, and other altcoins are trading with a positive bias.
Bitcoin Cash Price Analysis
After a successful close above the $400 level, bitcoin cash price climbed higher steadily against the US Dollar. The BCH/USD pair broke the $410 and $420 resistance levels. The pair is now trading nicely above the $425 level and it might continue to rise in the coming sessions.
On the upside, an initial resistance is near the $432 level, above which the price is likely to test the $440 resistance. On the downside, an initial support is near the $420 level, followed by $410.
EOS, Tron (TRX) and ADA Price Analysis
EOS price gained significantly after it broke the key $6.50 resistance level. The price climbed above the $6.75 resistance and the bulls were successful in a close above the $7.00 level. The next key resistances are near the $7.10 and $7.12 levels.
Tron price is rising slowly and it recently traded above the $0.0330 level. TRX price is currently climbing and it could test the $0.0340 resistance level. If there are more upsides, the price is likely to test the $0.0350 level in the coming sessions.
Cardano price is currently trading above the $0.0900 level, with a positive bias. ADA price must break the $0.0950 level to test the main $0.1000 resistance levels. If the bulls succeed in clearing $0.1000, there could be sharp gains towards the $0.1100 level.

Looking at the total cryptocurrency market cap hourly chart, there was a strong upward move after there was a break above the $255.0B and $260.0B resistance levels. The market cap even broke the $270.0B level and recently tested the $278.0B zone. It corrected lower, but the $264.0B level acted as a strong support. The current price action is positive, suggesting more gains above the $275.0B and $280.0B levels. If all goes well, the crypto market could even test the $300.00B level in the coming days. Therefore, more gains are possible in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins.
The post Crypto Market Targets $300 Billion Cap: Bitcoin Cash, EOS, TRX, ADA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Tron join hands with LATOKEN to become an IEO payment token

The Tron token might not have managed to make its way back in the top 10 cryptocurrency list of CoinMarketCap, but has managed to keep up, in terms of performance and development. The Tron foundation has been informing the community about everything happening in its ecosystem along with its latest partnership with LAToken.
According to the announcement, TRX would be accepted as a payment medium on the LAToken IEO launchpad and will extend to create fundraising opportunities for new projects. The exchange ranks among the top 20 exchanges list and already has tokens like Bitcoin [BTC], Ethereum [ETH], and USDT on its IEO payment currencies list.
Going by the agreement amid two parties, TRX would list three trading pairs, TRX/BTC, TRX/ETH, and TRX/USDT. Along with Tron, Tron’s BitTorrent trading pairs would also be listed namely, BTT/TRX, BTT/BTC, BTT/ETH, and BTT/USDT.
Justin Sun, the Chief Executive officer of Tron and BitTorrent informed the community on his Twitter:
“#TRON trading market is available on @latokens, #TRONICS can trade TRX/BTC, TRX/USDT, TRX/ETH now.”
The first IEO on the exchange to accept a contribution in TRX would be Zeux token sale. Valentin Preobrazhenskiy, CEO of LAToken said that he was glad about the partnership and this was in line with the company’s mission to connect investors with entrepreneurs.
“We are glad to partner with TRON and start supporting TRX as payment currency. That is perfectly in line with our mission to connect investors with entrepreneurs. We will make simpler to contribute and fundraise for TRON users.”
At press time, Tron was valued at $0.0324 with a market cap of $2.16 billion. The 24-hour trading volume of the coin was reported to be $720 million as it reported a growth of 1.38% over the past day. In the past seven days, the coin plunged by 1.91% and continued to tumble by 0.08% within an hour.
The post Tron join hands with LATOKEN to become an IEO payment token appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap gained momentum and broke the key $252.0B resistance area.
Bitcoin price surged above the $8,500 and $8,650 resistance levels.
Litecoin (LTC) price remains in a strong uptrend and is trading nicely above $134.
Bitcoin cash price is grinding higher towards the $420 and $425 resistance levels.
EOS price is back above the $6.50 level and it may even break the key $6.75 resistance area.
Stellar (XLM) price is about to gain momentum above the $0.1250 level.

The crypto market cap gained sharply, with positive moves in bitcoin (BTC) and Ethereum (ETH). Altcoins such as LTC, ripple, bitcoin cash, EOS, TRX, and stellar are also moving higher.
Bitcoin Cash Price Analysis
Bitcoin cash price finally broke the $400 resistance against the US Dollar to move into a positive zone. The BCH/USD pair even cleared the $405 resistance and it is currently trading above the $410 level. An immediate resistance on the upside is near $420, above which there are chances of more gains above $425.
On the downside, the $410 level might act as a decent support, below which there is a risk of a drop back towards the $400 or $395 support.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price settled above the $130 level and it is currently moving higher. LTC price is currently up more than 3% and it is likely to climb above the $135 and $138 levels. The main resistance for the bulls is near the $140 level. On the downside, the recent resistance at $130 could provide support.
EOS price managed to gain traction above the $6.45 and $6.50 resistance levels. The price is now trading nicely above the $6.60 level and it might continue to rise in the near term. The next key resistances are near $6.70 and $6.75.
Stellar price is trading well above the $0.1200 support level and it is slowly moving higher. XLM price is about to break the $0.1250 resistance and it could continue to rise towards the $0.1280 and $0.1300 levels.

Looking at the total cryptocurrency market cap 4-hours chart, there was a decent upward move from the $246.0B swing low. The market cap broke the main $250.0B and $252.0B resistance levels. It added more than $10B and grinded above the $260.0B level. A swing high was formed near $263.1B and it is currently correcting lower. An immediate support is near the $257.0B level, followed by a connecting bullish trend line with support near the $255.0B level. As long as the market cap is above the $250.0B pivot level, there could be more upsides in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the coming sessions.
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Source: New feedNewsBTC.com

Crypto Market Starts Fresh Increase: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap found support near $236.0B and jumped sharply above $245.0B.
Bitcoin price broke the key $8,000 resistance level to move into a positive zone.
EOS price broke the $6.40 and $6.50 resistance levels to start a decent recovery.
Binance Coin (BNB) is up more than 5% and it recently broke the $35.00 resistance.
Bitcoin cash price is above to break the $400 barrier to move into a bullish area.
Tron (TRX) price gained nearly 6% and it recently broke the key $0.0320 resistance.

The crypto market cap gained more than $10B, with positive moves in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH, tron (TRX), ripple, litecoin and EOS are currently gaining momentum.
Bitcoin Cash Price Analysis
After a major downside correction, bitcoin cash price found support above $360 against the US Dollar. The BCH/USD pair started a steady recovery and recently broke the $380 and $390 resistance levels. The pair is currently trading near $400, above which the bulls are likely to take control in the near term.
The next key resistances are near $410 and $420. If there is a downside move, the price might find bids near the $390 or $385.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price remained stable above the $6.20 level and it recently recovered higher. The price broke the $6.25 and $6.32 resistance levels. Moreover, there was a break above the $6.45 and $6.50 resistance levels. The next stop for the bulls could be $6.60 or $6.65.
Tron price is gaining bullish momentum and it is currently trading up more than 5%. TRX price broke the $0.0300 and $0.0320 resistance levels. It is currently trading above the $0.0330 level and the next stop could be $0.0340. The main resistance for the bulls is near the $0.0350 level in the coming sessions.
Binance coin (BNB) is up more than 5% and it recently cleared the $34.00 and $35.00 resistance levels. BNB price is now consolidating above the $35.00 level, with an immediate resistance near the $35.40 and $35.50 levels. The main hurdle is near the $36.20 level.

Looking at the total cryptocurrency market cap 4-hours chart, there was a major upside break above the $236.0B and $240.0B resistance levels. The market cap broke the $246.0B resistance and tested the next important resistance near the $252.0B level. At the moment, the market cap is confined in a range and it might surpass the $252.0B resistance area. The next major resistance could be $258.0B or $260.0B. If there is a downside correction, the $244.0B or $242.0B level might act as a support. Overall, there are chances of more gains in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX.
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Source: New feedNewsBTC.com

Gate.io takes Bittrex’s lead; will delist major altcoins such as XRP, EOS, and Monero for U.S users

Regulations within the cryptocurrency industry have always been tricky to maneuver around. However, the ecosystem’s uncertainty is forcing some players to take caution and guard against the changing landscape. One such initiative is being undertaken by Gate.io. The exchange announced the delisting of several cryptocurrencies including EOS, Monero [XMR], and Ripple’s XRP, among others.
The official announcement read that some coins (cryptocurrencies) will not be available to U.S. users effective June 30, due to regulatory uncertainty. It further stated,
“Starting from June 30, 2019, USA users can not access to deposit and trading of the following coins: CNYX, EOS, XRP, TRX, XTZ, BTM, NAS, QTUM, NEO, GAS, XMR, BCN, XEM, WAVES, DCR, ONT, ONG, THETA and TFUEL. These coins will no longer display on the Market list to USA users after Jun 30. If you are a USA user, please withdraw them as soon as possible.”
This unforeseen decision made by the exchange will not affect non-USA users, who will continue to have full access to the above-mentioned coins without any changes.
Interesting enough, Bittrex also recently decided to do something similar a few days back. Bittrex announced that it would be delisting the following coins, namely, ADT, CMCT, GO, MFT, QRL, XEL, AMP, DNT, GTO, and 23 other cryptocurrencies, effective June 21. Similar to Gate.io, the said change would only be applicable for uses residing in the U.S.
The exchange had stated,
“After the Change Date, U.S. Customers will not be able to buy or sell the above-listed Tokens/Coins. On the Change Date, our systems will automatically cancel all open (i.e, unexecuted) orders in the affected markets for U.S. Customers.”
A Twitter user, @shirkhan, tweeted in response to the above-mentioned delisting,
“As of now @BittrexExchange will delist a couple of #cryptos ($XRP NOT affected) for US Users and  @gate_io will do so as well ( $XRP getting delisted). Let‘s see if any of the big exchanges will follow suit. This only affects US so far. #XRPCommunity”
The post Gate.io takes Bittrex’s lead; will delist major altcoins such as XRP, EOS, and Monero for U.S users appeared first on AMBCrypto.
Source: AMB Crypto

Tron Weekly Report: Tron highlights ecosystem developments as block height approaches 10 million

Tron Foundation recently celebrated the news of its Chief Executive Officer, Justin Sun, winning the charity bid to have lunch with Warren Buffett, the prominent investor, followed by various developments in the ecosystem. The Tron weekly report highlighted these changes and progress in the Tron ecosystem.
The Foundation has optimized database storage and has completed the demo of web-log collectors. Apart from these, the team announced the launch of the Sun-network testnet. The team intends to complete block broadcast optimization by next week, along with pressure testing for complex anonymous transactions.
The report informed the community of the on-chain data, with 1366 nodes with 13 new nodes. The Tron block height is close to 10 million and the community awaits for it to achieve 10 million. Tron DApps have also led the game in terms of Volume in USD, leaving EOS and Ethereum [ETH] behind. The number of active users reached 372,000, and transactions were noted to be 5.24 million.
The Developer community has been working on various products like Atlas, BTFS, TronGrid, TRXMarket, Tronscan, and Tronlink, out of which BTFS has been well received by the community. As for Atlas, the developers have fixed the database performance and implemented the process setting of seed phrases.
At press time, Tron was spiking by 2.82% within the hour and was valued at $0.0315 with a market cap of $2.103 billion. The 24-hour trading volume of the coin was $907 million, as it plunged by 1.51% over the day. Over the past seven days, TRX fell by 14.56%.
The post Tron Weekly Report: Tron highlights ecosystem developments as block height approaches 10 million appeared first on AMBCrypto.
Source: AMB Crypto