Cardano [ADA] Defeated TRON [TRX] To Capture 10th Spot with Bullish Run

Cardano (ADA) is all set to enjoy crypto party this weekend as it surpassed the 10th largest crypto, TRON (TRX) today. At the moment, ADA hits bullish market cap with almost 8 percent growth and counts as the 10th largest cryptocurrency.
According to data from Coinmarketcap, ADA sits comfortably as the 10th largest cryptocurrency with the growth of 7.72 percent within a couple of hours. With this, it defeated TRON (TRX) from its position and trading with the value $0.05 against US Dollar. 
Moreover, ADA cryptocurrency held a brief surge in average trading as compared to TRX’s market cap. Consequently, former stands with $1,526,387,124 trading volume while latter with $1,526,387,124.
Image source – coinmarketcap
One specific reason that spiked the price of ADA is what curious many of us. Well, many speculate that the latest release of an upgrade to Cardano has quickly influenced its value. Consequently, ADA’s bull flag is a result of Carano 1.5 upgrade released on Cardano mainnet. As officially announced ‘ it is a milestone’ which had excited many crypto enthusiasts to find the figure as to how well ADA will go further.
Today we release Cardano 1.5 on the Cardano mainnet. The Cardano 1.5 release is a milestone because it is the last major Cardano release of the Byron development phase, which we have been in since the launch of mainnet.
Moreover, Cardano’s twitter account released yet another update that says about Cardano 1.5.1 upgrade. As per the announcement, this upgrade is to fix two issues – and not as major as Cardno 1.5 is. As Coingape reported; Cardano 1.5.1 will solve data migration issue and an issue causing log rotation for the frontend logs not to work.
Furthermore, the official announcement goes as follows;

IOHK has released Cardano 1.5.1 on the Cardano mainnet. The Cardano 1.5.1 release is a small update which fixes two issues. The update will be delivered via a prompt in Daedalus to all users shortly. To read more, click here: https://t.co/Fk3HZr4Aea
— Cardano Foundation (@CardanoStiftung) March 22, 2019

Speaking of volumes, ADA is already walking at upside move and took over TRX. Given that, do you think ADA will surge further to capture the 9th spot where Tether (USDT) is standing at present? Share your views
The post Cardano [ADA] Defeated TRON [TRX] To Capture 10th Spot with Bullish Run appeared first on Coingape.
Source: CoinGape

Crypto Market Rebound Facing Hurdles: Bitcoin Cash, EOS, BNB, TRX Price Analysis

The total crypto market cap failed near the $136.0B resistance and declined sharply.
EOS price broke the $3.70 support and tested the $3.62 support area.
Binance Coin (BNB) is down more than 4% and settled below the $15.00 support level.
Bitcoin cash price is correcting lower and it may test the $150 support zone.
Tron (TRX) price is stable and still holding the key $0.0220 support level.

The crypto market could turned red and facing a lot of hurdles, with bearish moves in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH, ripple, EOS, TRX and ADA are likely to extend losses.
Bitcoin Cash Price Analysis
Bitcoin cash price started a downside correction after testing the $165 resistance against the US Dollar. The BCH/USD pair traded below the $160 and $155 support levels. It even tested the $150 support level and it is currently consolidating losses.
An immediate support is at $150, below which the price may trade towards the $140 support level. On the upside, the previous supports near the $155 and $160 levels are likely to act as barriers for buyers.
EOS, Tron (TRX) and BNB Price Analysis
EOS price started a downside move after it failed to break the $3.80 resistance. There was a steady decline below the $3.75 and $3.70 support levels. The price even broke the $3.65 support and traded close the $3.60 support. It is currently trading near $3.65, with many hurdles on the upside near $3.70.
Tron price was stable and decline was limited below $0.0230. TRX price is still trading above the $0.0220 support, which is a positive sign. However, the price must settle above $0.0230 and $0.0235 to move into a positive zone.
Binance coin (BNB) started a major downside correction from well above the $15.50 level. BNB price broke the $15.00 support and the price is now down more than 4%. An immediate support is at $14.50, below which the price may trade towards the $14.05 support. On the upside, the $15.00 level is likely to prevent gains in the near term.

Looking at the total cryptocurrency market cap hourly chart, there was another rejection near the $136.0B resistance level. As a result, there was a sharp drop below the $135.0B level and a connecting bullish trend line on the same chart. The market cap even settled below the $133.5B support and the 100 hourly simple moving average. It tested the $130.0B support and later bounced back above $132.0B. However, there are many hurdles for more gains near the $132.8B and $133.50B levels. Therefore, upsides are likely to remain capped in bitcoin, ETH, tron, litecoin, EOS, ripple, cardano, XLM, ICX, BCH, XMR and other altcoins in the near term.
The post Crypto Market Rebound Facing Hurdles: Bitcoin Cash, EOS, BNB, TRX Price Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange

Okex and Huobi Global have added support for USD Tether pegged to the US Dollar built on Tron. Tron Foundation built the ‘stable coin’ collaboration with Tether. Currently, the two Exchanges support three stable coins markets USDT-Tron (TRC20), USDT-OMNI, USDT-ERC20 (Ethereum). The token will be launched on 30th April 2019 on the Okex and Huobi Global Exchanges.
According to the press release by Okex:
In order to meet users’ demand for stablecoin trading, OKEx will support USDT-TRON, the TRC-20 based USDT token co-developed by TRON and Tether, as well as the airdrop for USDT-TRON holders.
…It has a TRON deposit address and uses the TRON network for depositing and withdrawal.
Rewards for Early Adopters and Tron’s Growth
The annual percentage return (APR) of the USDT-TRON token has been designed to give out rewards for its early adopters. The initial APR is 20% which will, however, reduce with time. Nevertheless, the program is supposed to roll out investments for a total of 100 days. The total amount of incentives will be $20 million. The incentives will be rewarded in USDT-TRON only.
Justin Sun has implored the users of the Exchanges to adapt to swap from USDT-OMNI – USDT-TRON.

#Hodl USDT-TRON to earn initial 20% APR in USDT-TRON. 100 day campaign. $20M initial budget no hard cap. Just sayin'. 😎 $TRX $BTT pic.twitter.com/jyo7QcrtbE
— Justin Sun (@justinsuntron) March 21, 2019

The Stable coin will be available on major exchanges, and the reward programs are lucrative. Therefore, the number of transactions on the Tron Network would increase significantly. Tron has built a vibrant ecosystem for Dapps and issuing digital asset. The move will foster the growth of Tron. It will also help the exchanges take advantage of the transaction capabilities of Tron which is considerably cheaper than Ethereum currently.
The returns proposed by ARP are highly lucrative. Will you swap your stable coins to earn the rewards? 
The post Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange appeared first on Coingape.
Source: CoinGape

Tron Dapp Developers To Have An Improved Experience with 3.5 Version Hardfork Upgrade : Tron Japan

Tron continues to progress on its goal to providing the best ecosystem for Dapp developers. In a recent video update released by Tron Japan has spilled beans about Tron’s 3.5 version hardfork upgrade and how it has and continue to improve the Dapp developers experience on Tron’s ecosystem.
Tron moving quick to defeat EOS and Ethereum to become Dapp King
It was a great day for Justin Sun as he become the first in blockchain to get over one million followers on Twitter. As of today there is no one on the social media site more popular than the charismatic leader of Tron.

First one in Crypto world to break through 1 million in Twitter! #TRON #TRX $TRX #BitTorrent #BTT $BTT pic.twitter.com/7CeZFYKPuE
— Justin Sun (@justinsuntron) March 21, 2019

All this has been possible as Justin envisions things ahead of time and brings his vision into development making Tron an enviable project. The same seems to come true with TRON’s 3.5 version hard fork upgrade. The episode 10 of video update released by Tron Japan, just spoke about a few features of how power the upgrade is.

【All About TRON】#TRON 日本語グループが主催した番組「第十回 TRON 3.5ver Upgrade」是非ご視聴お願いします。 #TRX #BTT #暗号資産 #トロンhttps://t.co/VO9hjcCxq0
— TRON Foundation Japan (@TRON_JPN) March 21, 2019

The video speaks about this new upgrade which went live on Feb 28th and contains all information regarding the improvements that have been observed by the blockchain technology following the public chain upgrade. The video blog in particular highlights 6 new features that are integrated in the new update which include.

A better experience with superior performance and flexible event servers for the Dapp developers of Tron
A better main and backup feature that will increase the stability of the entire Tron network .
There have been mentions of improved security which would also help in improving safety of partial instruction of the TVM.
The upgrade also features additional optimization of duplicate removal-logic for transactions which is believed to improve the overall performance by 5% and will also better the competence of block broadcasting, and 50% reduction of resources usage
The upgrade also allows a real-time modification of energy upper limit based on the current status of the network with its Energy ceiling dynamic adjustment feature
There has been addition to Account access system and multi-signature which will permit users in setting access and corresponding account management with different signature for various accounts and multi party signature for single transaction.

While these are just the highlights the episode is fully loaded with more comprehensive information about why the hard fork upgrade is necessary and how it will make Tron a better blockchain ecosystem.
The video clearly portrays why Tron and its blockchain are considered superior than its competitors and how Justin Sun has been making Tron a top blockchain.
Will the 3.5 version upgrade take Tron price skyrocketing and help Tron claim the top 3 spots in near future? Do let us know your views on the same
 
The post Tron Dapp Developers To Have An Improved Experience with 3.5 Version Hardfork Upgrade : Tron Japan appeared first on Coingape.
Source: CoinGape

Tron: Games and Casinos Continue to Bring in Traction for Tron Dapps

Tron has been a great platform for Dapp’s because of its fast and secure network. This has led to a lot of traction among developers and users, especially from the gaming and gambling industry. And these to categories of Dapp’s continue to fuel growth for Tron allowing it to achieve great numbers in terms of transactions and users.
TRONbet still the top crowd puller
According to the recent tweet released by Rating Dapp, Tron has been achieving some great user and volume numbers on the back of its leading Dapps belonging to the gaming and gambling categories. According to the tweet, the top five Dapps on Tron’s network on March 19, 2019, are:

Live Crazydogs which had 6500 users with 48 first time unique users
TRONbet which had 4581 users with 634 first time unique users
EpicDragons which had 4473 users with 53 first time unique users
Tronwin which had 4247 users with 89 first time unique users
Lucky Slot 3715 users with 25 first time unique users.

🏆 #TRON Top #Dapps Mar 19
1️⃣ @LiveCrazydogs 👥6500 🆕482️⃣ @TRONbet 👥4581🔥 🆕634🔥3️⃣ #EpicDragons 👥4473 🆕534️⃣ @tronwin_io 👥4247 🆕895️⃣ #LuckySlot 👥3715 🆕25
🆕 Daily New Users: # of addr never transacted with the dapp before📊 https://t.co/gdieHO4EGV pic.twitter.com/RYzBiSxqWE
— RatingDapp (@RatingDapp) March 19, 2019

Even with the lowest number of Dapp compared to Ethereum and EOS, Tron has been able to rack some great numbers for its Dapp’s both in terms of users and volumes thanks to the seamless performance of games and gambling dapps.
TRONbet, the ultimate hero for Tron
With all the data that has come out of Tron with respect to growth, TRONbet has always been a major contributor. It has been one of the leading distributed apps (dApps) on the TRON (TRX) network, which recently had clocked USD 48 million in bets in a weeks time. In a couple of weeks, the user base of the Dapp has grown from 2600 to what it stands today at 4581.

Today we are proud to launch one of our biggest ambitions 💎. The new TronWallet #DAppStore will change how you see, use and create #DApps on #TRON. @Tronfoundation @justinsuntron
We can change the future together! 🚀#Visit now https://t.co/pB1cILLl7r and #start to #play #twx pic.twitter.com/USpIapT9cP
— TronWallet (@TronWalletMe) March 3, 2019

The  Dapp has recorded a 36% growth on daily active users and the transaction volume has already doubled.

@TRONbet resumed its attraction (by @Tesla lottery?), having a 36% growth on daily active users and transaction volume doubled. 523 million $TRX is pretty amazing. 🚀@MustacheTommy @Tronfoundation More about @TRONbet on @RatingDapp 👇https://t.co/thlHvysaYU
— RatingDapp (@RatingDapp) March 19, 2019

The attraction of TRONBet is not only for the gambling part of it but a form of token mining that occurs each time a user places the bet. As a reward, the users are paid in ANTE tokens, which end up redistributing the earnings of the casino. The payout for ANTE holders is in TRX coins.
Despite price staying stagnant, Tron is one of the busiest and active tokens. Backed by a strong team continuously developing projects, constantly adding tokens and users. And Dapps like TRONbet are making the project even more attractive for investors.
Will Tron continue its upward journey on the back of these Dapps or will it just give out? Do let us know your views on the same.
The post Tron: Games and Casinos Continue to Bring in Traction for Tron Dapps appeared first on Coingape.
Source: CoinGape

Tron [TRX/USD] Price Analysis: Bearish future predicted as coin price holds steady

Bitcoin’s [BTC] breach of the elusive $4,000 mark was expected to give a boost to the rest of the cryptocurrency market. However, it only resulted in a few, sporadic bullish rises within the spectrum. Coins like XRP and Tron [TRX] suffered under the weight of the bear, as the prolonged downturn refused to reverse itself.
1-hour
Source: TradingView
The one-hour chart for Tron [TRX] displayed a slight uptrend, causing the price to increase from $0.0223 to $0.0229. The support held strong at $0.0223, while the resistance was at $0.0239.
The Parabolic SAR was above the price candles, suggesting that Tron was going through a bearish phase.
The Bollinger Bands were moving parallelly, due to the price candles fluctuating consistently between fixed points. This suggested a lack of volatility in the coin market.
The Chaikin Money Flow indicator crashed towards the bottom of the graph, a sign of the capital leaving the market being more than the capital coming into the market.
1-day
Source: TradingView
Tron’s one-day chart painted a similar picture to that of the one-hour chart, with an uptrend lifting the price from $0.013 to $0.023. The long-term support was set at $0.0116.
The Relative Strength Index flattened in the middle of the graph, signifying the equilibrium between the buying and selling pressure.
The Awesome Oscillator was in a lull due to the reduced market momentum in the Tron ecosystem.
The MACD indicator showed the signal line and the MACD line moving in a conjoined manner, while the histogram was largely painted red.
Conclusion
All the above-mentioned indicators suggested that despite Tron’s uptrends, chances of the price shooting up were low, owing to the lack of market momentum.
The post Tron [TRX/USD] Price Analysis: Bearish future predicted as coin price holds steady appeared first on AMBCrypto.
Source: AMB Crypto

TRON – Dubai Based Digital Assets Exchange Added TRX Support in Three Trading Pairs

TRON (TRX) keeps on rolling with the newest adoption across various trading platforms. Announced on March 19, ADAX, Dubai based digital asset exchange-listed TRX against three trading pairs – namely, USDT, BTC, and ETH.
Powered by Arabtizor Holding Inc., as an online portal, ADAX or Arab Digital Asset Exchange is an online crypto exchange in the Arab world. The exchange supports minimum cryptocurrencies on its platform – Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), NEO (NEO), XRP, Qtum (QTUM) and Ethereum Classic (ETC). Per the recent announcement, ADAX users can now access to 10th largest cryptocurrency, TRX with pairs of USDT, BTC, and ETH.

We are delighted to announce $TRX @Tronfoundation @TRON_AR as one of the leading digital assets listed over ADAX Bitcoin Exchange against 3 pairs: TRX/USDT, TRX/BTC and TRX/ETH pic.twitter.com/Sz4g73s1n9
— ADAX (@ADAXarabia) March 19, 2019

Justin Sun’s TRX is on the booming era of adoption – as such, Coingape recently reported ABCC exchange was the latest to add TRX on its platform. Following ABCC partnership with Tron foundation, TRX is now available of ABCC exchange as a base trading currency.

Thank you @CoinGapeMedia for covering the latest developments in the ABCC and @Tronfoundation partnership! #TRX has been added as a base trading currency, with more TRON projects expected to come onboard ABCC! Read the article for morehttps://t.co/YfR4BnMyZb
— ABCC Exchange (@ABCC_Exchange) March 19, 2019

With the continuous listing announcement by platforms like ABCC, ADAX and NovaDAX South American exchange, TRX at the moment sits at the 10th spot, gaining 0.26 percent over the past 24 hours. As such the value of one TRX crypto counts  $0.02 and the average market cap valued $1,534,562,066.
                              Image source – coinmarketcap.com
So readers, what do you think of TRX being listed on ADAX exchange? share your thoughts with us. 
The post TRON – Dubai Based Digital Assets Exchange Added TRX Support in Three Trading Pairs appeared first on Coingape.
Source: CoinGape

Where’s Ethereum 2.0 At? Vitalik Buterin Gives A Much-Needed Update

Somehow, some way, a group of crypto crusaders managed to convinced Vitalik Buterin to grace the world’s first Ethereum Supermeetup, hosted at Token2049, with his presence. Justin Sun, the founder of rival blockchain Tron, may have been standing in the back of his room with a smirk on his face and a man-turned-avocado, but the Ethereum founder took to the stage anyway.
What followed was twenty minutes of an unadulterated topical overview of his brainchild’s latest happenings. The crowd of 1,500-strong was more than pleased, that’s for sure.
Ethereum 2.0 Status Update
Phones in the air, the crowd hollered as the twenty-something Vitalik Buterin sauntered onto the stage of Asia’s premier crypto event. Meek but recognizable, the Russian-Canadian long-time crypto jock uttered a drawn-out “heyyy”, eliciting a mere whoop or two from the crowd of 1000 or so.
While the start of his presentation had some outright confused, everyone was enthralled with what came next.
For those who missed the memo, since Ethereum launched in mid-2015, its core developers have had lofty ambitions. Buterin and co.’s plans have changed over the years, but alternative consensus mechanisms like Proof of Stake (PoS) and scaling solutions, such as the fabled Plasma and sharding protocols, have long been floated. The developers’ goal is to integrate all these improvements in an upgrade known as 2.0 (Serenity). 
But, the blockchain’s path to activate staking over its incumbent mining solution, a move claimed to reduce Ethereum’s energy requirements, improve decentralization, and bolster transactional throughput, hasn’t been entirely clear. The hope was that by Q3 or Q4 of 2018 — yes, last year — PoS would have seen some semblance of integration on the main chain. As the cryptocurrency community now knows, this hasn’t come to fruition. In fact, the project’s timeline has seemingly been pushed by upwards of six months to a year.

On stage, however, Buterin kept his head high. He first explained that Serenity could simply be explained as “a way to bring technical improvements, like PoS and sharding, together to improve the Virtual Machine, Merkle Trees, the efficiency of the protocol, and a whole bunch of small technical things that you have never heard of.” Per the industry insider, this is all being done in a bid to create a “next-generation blockchain” to be hundreds of times faster and scalable than Ethereum’s current iteration.
As it stands, Ethereum has yet to even enter phase zero (there’s a total of three phases — zero, one, and two) of the Serenity integration, but Buterin explains that this is coming. He remarks that phase zero is near-finalization spec-wise, touching on an effectively complete section of a whitepaper that outlines 2.0. Buterin explains that phase zero-related testnets, which are centered primarily around staking, could get launched by developments firms, which he calls “implementers,” like Parity and others, in the near future.
In terms of sharding, meant to arrive in phase one and phase two, Buterin explains that developers have begun “early-stage implementations of that,” with there being some staking protocols becoming “standardized” in the testing ecosystem.
He goes on to draw attention to Ethereum 1.x, which can be described as an intermediate series of protocols between 1.0 (current state) and Serenity. 1.x, as Buterin states, is focused on providing short-term scaling solutions through the implementation of prototypes of Serenity’s improvements and by bolstering the Virtual Machine as is. This should help to bring 1.0 and 2.0 closer over time, eventually giving Ethereum’s core team an easy way to easily segue into full-on staking, sharding, and the like.
Currently, the builders behind 1.x are looking into stateless clients, which would allow nodes on Ethereum to store much less data, and at Web Assembly (WASM), which will bolster the speed of smart contract execution. And with that, he made the following conclusion about the technical state of the second most valuable cryptocurrency:
“For all the scalability issues, efficiency issues that people have, there are generally multiple efforts that are flying under the radar to improve that.”
The cryptocurrency entrepreneur then took a few minutes to touch on Ethereum’s layer two, which has been overshadowed by the monumental growth of Bitcoin’s Lightning Network as of late. From plasma to state channel frameworks, all focused on bolstering the network’s potency as a multi-purpose platform, these layer two protocols have seen prototypes recently launched and advancements made. Buterin put the state of layer two best when he stated, “The tech is finally at that stage where people can just use it.” ZK-SNARKS, a privacy and scaling advancement utilized by ZCash, was also mentioned by Buterin, who claimed that “it’s coming.”
In an interview following Buterin’s keynote, Tron’s Sun and a silent avocado explained to NewsBTC that he doesn’t expect for Ethereum to be ready for Proof of Stake, citing the “constant” conflicts between miners, developers, and other stakeholders. But, everyone in the auditorium had smiles from ear to ear. If there were quarrels about the future of the project, they sure weren’t apparent. 
Related Reading: Exclusive: Why Tron CEO Expects Bitcoin, Crypto Assets To Rally In 2020

Excited to be at #Token2049! Lots of great conversations so far. Anyone in the area stop in for free avocados! @VitalikButerin We’ve reserved our Mega Avocado for you! #TRON #TRX #BitTorrent #BTT pic.twitter.com/Mt6FmugDyq
— Justin Sun (@justinsuntron) March 13, 2019

Booming Crypto Adoption
While Sun wasn’t pleased with Ethereum’s technical advancements (or lack thereof), it would be hard for him to deny the adoption that the cryptocurrency and its respective ecosystem has seen in recent months. Buterin himself touched on this, in a seeming move to “save the best (news) for last.”
Decentralized applications (DApp), like finance-focused MakerDAO, have seen monumental adoption over recent weeks. Maker has seen its Ether pool and active user count swell by hefty percentage points over recent weeks.

But, arguably more important is the recent mainstream adoption of Ether. Buterin draws attention to Brave, a browser with its own ERC-20 token (BAT), that is looking to give publishers, advertisers, and content consumers a better way to interact on the web through blockchains, specifically Ethereum. The platform has recently seen BAT added to Coinbase, as Brave partners with Cheddar, CoinDesk, among other big-name publishers to bring cryptocurrency even closer to the mainstream.
In even bigger news, technology powerhouse Samsung has unveiled its first consumer-facing product, an Ethereum DApp browser that likely gives users of the Galaxy S10 lineup their first exposure to the cryptocurrency world.
Featured Image from Shutterstock
The post Where’s Ethereum 2.0 At? Vitalik Buterin Gives A Much-Needed Update appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bakkt’s Parent Intercontinental Exchange Lists 58 New Crypto Tokens to Its Data Feed

Coinspeaker
Bakkt’s Parent Intercontinental Exchange Lists 58 New Crypto Tokens to Its Data Feed
The ICE’s Data Services will provide real-time and historical data for all the newly added crypto tokens.
Bakkt’s Parent Intercontinental Exchange Lists 58 New Crypto Tokens to Its Data Feed

Continue reading at Coinspeaker
Source: CoinSpeaker

Crypto Market Remains Vulnerable: Litecoin (LTC), BCH, TRX, ADA Price Analysis

The total crypto market cap is struggling to climb higher and it could break the $133.0B support.
Litecoin (LTC) price moved below the $60 support and it could extend the downside correction.
Bitcoin cash price declined below the $160 support and it may retest the $155 or $150 support.
Tron (TRX) price failed to stay above $0.0230 and it is moving down towards $0.0220.
Cardano (ADA) price is up more than 3% and it is trading nicely above the $0.0500 support area.

The crypto market cap is currently at a risk of a downside break. Bitcoin (BTC), Ethereum (ETH), ripple, litecoin (LTC), bitcoin cash, TRX, XLM and ADA could decline heavily if sellers gain control.
Bitcoin Cash Price Analysis
Recently, bitcoin cash price started a downside correction after it failed to clear the $165 resistance against the US Dollar. The BCH/USD pair corrected lower and broke the $160 support recently. The current price action suggests that the price may move further lower towards the $155 support level.
The main support is near the $150 level, where buyers are likely to emerge. On the upside, an initial resistance is at $160 and $162, above which the price is likely to clear the $165 resistance in the near term.
Litecoin (LTC), Tron (TRX) and Cardano (ADA) Price Analysis
Litecoin price climbed to a new monthly high recently and traded above the $60 level. Later, LTC price started a downside correction and traded below. It seems like there could be more downside and the price may test the $58 or $56 support level. On the upside, the key resistances are $60 and $62.
Tron price remained under a lot of pressure and it recently failed to hold the $0.0230 support level. TRX price is now trading well below $0.0230 and it could continue to move down towards the $0.0220 support level.
Cardano price gained bullish momentum this week and broke the $0.0500 and $0.0510 resistance levels. ADA price is currently up more than 3% and it seems like it could surpass the $0.0520 and $0.0525 resistance levels to move further into the positive zone.

Looking at the total cryptocurrency market cap hourly chart, there were a couple of rejections near the $136.0B and $137.0B levels. The market cap moved down recently and it is currently trading near a crucial support at $133.2B. If there is a downside break, the market cap could decline towards the $132.0B or $130.0B support levels. In the mentioned scenario, there are chances of a downside extension towards the key $125.0B support. On the other hand, an upside break above $135.0B may spark bullish moves in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, TRX, XMR, XLM and other altcoins.
The post Crypto Market Remains Vulnerable: Litecoin (LTC), BCH, TRX, ADA Price Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Tron’s [TRX] Justin Sun says competing with Vitalik Buterin was good for cryptosphere

Mass adoption has been the cryptocurrency market’s key focus area for quite some time, with several proponents of the space reiterating the same as well. The most vocal luminaries of the cryptosphere have been Justin Sun, the CEO of the Tron Foundation, and Vitalik Buterin, the Co-founder of Ethereum.
In a video uploaded by CNBC’s Cryptotrader, Ran NeuNer spoke about the Token 2049 conference that included seminars by Justin Sun, as well as Vitalik Buterin. Justin Sun spoke not only about the organisation’s plans to bring more users to its fold, but also about the Foundation’s future. The Tron CEO talked about his ongoing tussle with Vitalik Buterin, candidly admitting that the arguments between the two have produced good developments for the space. In his words,
“The competition between the both of us is for the good of the space. We have also noticed that only good progress comes out of our talks.”
Sun also revealed that the Tron Foundation had roped in 5000 developers this year, with many more in the pipeline. He was asked whether his company’s multiple updates was a marketing ploy, to which Justin Sun replied that it was not the case. He said,
“The Tron blockchain has a better department, is faster and has a lot more users compared to the OMNI blockchain. You also have to understand that the transactions on the Tron blockchain are free.”
Admitting that mass adoption was a challenge, Sun said that the arrival of BitTorrent was a major boost with its user base of more than a 100 million active users. According to Sun, the 100 million users in the BitTorrent ecosystem have been integrated into the Tron ecosystem. The Tron Foundation official added,
“It is not just the number of user but it is also about the core developments that is happening in Tron. We have real TPS and real transactions with 3-5 DApps coming into the Tron blockchain everyday.”
Tron’s DApp development was also elaborated about in the Tron weekly report recently, which said that the market favoured gambling apps, and the ROI Apps, a high risk application.
The post Tron’s [TRX] Justin Sun says competing with Vitalik Buterin was good for cryptosphere appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap corrected lower recently and tested the $132.0B support area.
Bitcoin cash price started a downside correction after testing the $165 resistance.
EOS price is slowly moving lower towards the $3.70 support level.
Stellar (XLM) price is up more than 4% and broke the $0.1120 and $0.1140 resistances.
Tron (TRX) is currently flat near the $0.0230 support level.

The crypto market is trading above key supports, with range moves in bitcoin (BTC) and Ethereum (ETH). Stellar (XLM) gained traction, while BCH, EOS, ripple and tron (TRX) remain supported on dips.
Bitcoin Cash Price Analysis
Bitcoin cash price climbed higher recently and settled above the $150 and $160 resistances against the US Dollar. The BCH/USD pair tested the $165 resistance and later started a downside correction. The price tested the $162 level and it seems like it could test the $160 support in the near term.
If there is a downside break below the $160 support, the price may decline towards the $150 swing support. On the upside, the $165 level is a strong resistance, above which the price may test the $170 level.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price failed to stay above the $3.80 pivot level and corrected lower recently. It traded below the $3.78 level and tested the $3.75 support. If there are additional downside, the price could revisit the key $3.70 support level before another increase.
Stellar price was one of the best performers as it gained traction above the $0.1110 resistance level. XLM price broke the $0.1120 and $0.1140 resistance levels to move into a positive zone. It is currently up around 4% and it may continue to climb towards the $0.1160 and $0.1180 levels.
Tron price extended range moves below the $0.0240 resistance level. TRX price recovered recently and moved above the $0.0230 level. At the moment, it is trading in a tight range, with an immediate resistance at $0.0232. The main resistances are near the $0.0235 and $0.0240 levels.

Looking at the total cryptocurrency market cap hourly chart, there was a downside correction from the $137.0B swing high. The market cap declined below the $135.0B support level. However, the $132.0B support and the 100 hourly simple moving average acted as strong supports. Besides, there is a key connecting bullish trend line in place with current support at $133.0B on the same chart.
If there is a downside break below $133.0B and $132.0B, the crypto market could gain bearish momentum. On the upside, a break above the $135.0B and $137.0B resistance levels is must for a fresh upward move in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, and other altcoins in the near term.
The post Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bitcoin [BTC], Ethereum [ETH], XRP, Litecoin [LTC]: A hindsight view of the prices from all-time highs

The bull run of cryptocurrencies ended as 2017 came to an end. The coins that had pumped by massive amounts eventually plunged due to a market correction, which was the beginning of the bear market.
The bear run has taken its toll on the users and companies that were launched during the bull run. Several companies shut down, while others like Bitmain are struggling to stay afloat. The bear market also showed the true nature of certain altcoins as they plunged.
Bitcoin, the poster child for all cryptocurrencies, collapsed by a massive 81% from its all-time high, at press time. However, other altcoins weren’t so fortunate as they plunged by more than 81%.
A Twitter user, @CharlieBilello, tweeted:

Crypto, % Below all-time high…BitConnect: -100%Qtum: -98%NEM: -98%ICON: -97%Bitcoin Gold: -97%Bitcoin Cash: -97%Cardano: -96%Lisk: -96%NEO: -95%IOTA: -95%Dash: -94%zCash: -94%TRON: -92%XRP: -92%Ethereum: -91%Monero: -89%Litecoin: -84%EOS: -83%Bitcoin: -80%
— Charlie Bilello (@charliebilello) March 17, 2019

From the list above, it can be seen that the second largest cryptocurrency, Ethereum [ETH], collapsed by a massive 91%, while the third largest coin, XRP, dropped by 92%.
Other cryptocurrencies like BitConnect were subject to lawsuits and termed as Ponzi Schemes by Texas State Securities Board.
Bitcoin Cash faced the same fate as it underwent a hard fork due to a disagreement between Roger Ver and Calvin Ayre. After the fork, both the cryptos, BCH and Bitcoin SV, suffered, but BCH trumped BSV in terms of price.
The Tron ecosystem has faced a lot of developments in recent times, but dropped by 92% since its all-time high. Some users in the community believe that the bear market would wash out the weak projects so that the ones that are truly devoted to cryptocurrencies remain.
The next bull run is awaited by the community and some users speculate that the prices would shatter the previous highs in the upcoming bull rally.
@jposhaughnessy, a Twitter user, commented:
“I fear BitConnect is going to have a hard time coming back from this.”
Another Twitter user, @FVNate, commented:
“It’s deep value, Jim! The price/book ratio tells you everything.
(I seriously heard someone present the P/B ratio for crypto.)”
The post Bitcoin [BTC], Ethereum [ETH], XRP, Litecoin [LTC]: A hindsight view of the prices from all-time highs appeared first on AMBCrypto.
Source: AMB Crypto

Tron [TRX] Weekly Report: Justin Sun-led company reveals DApp numbers and BTT airdrop statistics

Tron [TRX] and Justin Sun, the Chief Executive Officer [CEO] of the Tron Foundation, capture headlines regularly due to the sheer number of developments in the roster. This was made clear by Tron’s latest weekly report, which touched on the happenings within the Tron spectrum.
Tron announced that it had designed the deferred transaction model, and finished the update on the solidity compiler version. The company also revealed that a wallet feature for anonymous transactions was being developed, along with sidechain infrastructure for smart contracts.
The weekly report did not fail to talk about BitTorrent, one of Tron’s biggest acquisitions. The report stated,
“BTT is now listed on 35 exchanges including Binance, OKEx, Bittrex and Huobi. Other exchanges included Coinsport, BitForex, Changelly and Bitpie.”
Tron further talked about the second Tron airdrop which oversaw the distribution of 990,000,000 BTT, in less than 3 hours. One of Tron’s main forte is the Tron Developer Community and in terms of TronGrid, the API layer reported that the TrongGrid JS testing was successfully completed.
Data architecture layer resolved database deadlock and overwrite, and implemented read API for accounts/assets. The Block parser layer performed an integration test for accounts and assets, while the data output from the new event plugin was investigated.
Tron was also in the news recently when a DApp review stated that on 16 March, the transaction volume for Tron was more than that of Ethereum and EOS combined. The tweet read,
“As we forcasted on yesterday’s tweet, #TRON volume txn surpass $100 million on Mar 16, namely 5 times more than the sum of #ETH and #EOS.”
Tron posted $102.685 million worth of transactions, while EOS and Ethereum combined held a total volume of $19.601 million. Post the revelation, users in the community expressed their joy, with one Twitter user commenting,
“Often true fundamental value for an asset is not realised until some time later…. $trx should be worth a lot more than what it is at the moment but in due time I think it will re-rate.”
The post Tron [TRX] Weekly Report: Justin Sun-led company reveals DApp numbers and BTT airdrop statistics appeared first on AMBCrypto.
Source: AMB Crypto

Tron [TRX] posts transaction volume 5 times greater than Ethereum [ETH] and EOS combined

Tron’s rapid developments and updates have consistently made headlines, with several users coming out in support of the currency and calling it the foundation of ‘Web 4.0’. The Tron Foundation also ensured that it stays ahead of its competitors such as Ethereum and EOS, as evidenced by the latest DApp review.
On March 17, DApp Review tweeted that Tron’s transnational volume on March 16 had surpassed that of EOS and Ethereum’s, by 5 times. The tweet read,
“As we forcasted on yesterday’s tweet, #TRON volume txn surpass $100 million on Mar 16, namely 5 times more than the sum of #ETH and #EOS.”
While Tron posted $102.685 million worth of transactions, EOS and Ethereum both clocked $15.631 million and $3.970 million worth of transactions, respectively. After the latest news, Tronics were elated on Twitter, with Rylis, a Twitter user, commenting,
“#TRX should be at 14 billion market cap not #eth in that case . #trx #TRONDApps”
To this, Christian Testore, another Tronic replied,
“Often true fundamental value for an asset is not realised until some time later…. $trx should be worth a lot more than what it is at the moment but in due time I think it will re-rate.”
This is not the first time Tron surpassed both its competitors. It had been previously reported that Tron clocked more DApps than Ethereum and EOS combined. During the time period between March 3-5, Tron’s transaction volume was a whopping $43.616 million, while EOS and Ethereum posted $11.617 million and $4.408 million, respectively.
Many attribute Tron’s increasing volumes to its consistent evolution in the DApp sphere, an area also occupied by EOS and Ethereum. According to reports presented by the Tron Foundation, the organization listed out the breakdown of its DApps, and its unassailable lead in the market. Tron’s weekly report read,
“According to tron.app , as of this week, #TRON has over 187 #Dapps with more than 464 smart contracts. There are 10 decentralized exchanges (DEX) on TRON, 6 collection games, 40 tool Dapps and 4 candybox projects. #TRX $TRX”
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Source: AMB Crypto