EOS, Tron [TRX] cumulatively contribute 82% of all cryptocurrency transactions

Despite a bearish and sideways market, cryptocurrency transactions seem to be on the verge of reaching the previous all-time high. As per the data obtained from Blockchain center, the total on-chain transactions for all cryptocurrencies exceeded 522.119 million and the total number of active users for these transactions add up to 1.357 million.
Source: Blockchain Center
EOS has the most number of transactions as compared to any other cryptocurrencies, even exceeding that of Ethereum [ETH] and Tron [TRX]. The total transactions of EOS as of today is approximately 350.30 million. These transactions are coming from a total of 41,457 active addresses.
The transactions on EOS network peaked at 468.08 million in the second week of August 2018 and has since declined to 350 million. When compared to the big picture, EOS’ transactions are coming from a mere ~3% of the total active users.
Source: Blockchain Center
Tron follows EOS and has ~78.543 million transactions, which is the highest number of on-chain transactions that Tron blockchain has ever witnessed. As compared to EOS, the total number of active addresses for Tron are almost halved, i.e, 21,211.
Source: Blockchain Center
 
Bitcoin’s total transactions in the year 2018 peaked at 24.25 million in the second week of January 2018 and are currently hovering at 17.08 million, but Bitcoin’s total active addresses far exceed that of EOS’ or Tron’s, coming up to 681,779.
Source: Blockchain Center
Ethereum has a total of 33.27 million transactions as of November 11, which is contributed by a total of 247,671 active addresses. Ethereum’s on-chain transactions peaked at 71.48 million in the second week of January 2018 and have since declined.
Source: Blockchain Center
XRP’s transactions have come down to 17.99 million transactions, which are one-quarter of XRP’s peak number of transactions i.e., 72.05 million. The total active addresses as of today add up to 6,924.
Source: Blockchain Center
In conclusion, Tron and EOS together have about 4.5% of the total number of active addresses, while still contributing 82% of all the cryptocurrency transactions.
Bitcoin and Ethereum together contribute a mere ~9.5% of the total transactions but have a cumulative active address contribution of ~68%. EOS contributes up to 67% of the total number of transactions on the blockchain while Tron contributes to 15% of the total transactions. To sum it all up, EOS and TRX control 82% of all the transactions which come from only 4.5% active addresses.
A Reddit user tsMQ commented:
“If only 3% of active addresses is making that many transactions imagine when we hit 10% maybe 15% we will be blowing them out of the water for transactions per 24 hours and usage per user which is what we want, users using their coins/resources not just bag holding and watching the price drop.”
The post EOS, Tron [TRX] cumulatively contribute 82% of all cryptocurrency transactions appeared first on AMBCrypto.
Source: AMB Crypto

Tron Surpasses Ethereum for dApp Transaction Volume, Launches Program for Developers

Ethereum has had a tough week. Not only has it been pushed down the market cap charts by XRP, now Tron has surpassed it in terms of network decentralized application volume.
dApp Volume on Tron Higher Than Ethereum
According to analytics website dapp.review the Tron Network is now above Ethereum in dApp transaction volume:

No.1 DApp on ETHIDEX – 2430 ETH txn volume in last 24 hours
While on #TRON@TRONbet has over 422 MILLION #TRX txn volume
DappReview is the first DApp platform supporting #TRON DApps. Check and play TRON Dapps at https://t.co/wfUfRx2xoq@justinsuntron @Tronfoundation pic.twitter.com/IDedGpiMc3
— DappReview (@dapp_review) November 17, 2018

TRONbet is the platform’s leading dApp at the moment with a 24 hour transaction count of over 543,000 equating to a volume of 181 million TRX. TRONdice has over 18,000 daily transactions with a volume around 744 million TRX at the time of writing. These are the only real two dApps driving traffic though, the rest are pretty inactive. Comparatively Ethereum’s top dApp, IDEX, has only 7,400 daily transactions with a volume of just over 2,090 ETH.
Accelerator Program for Developers Launched
To keep this network momentum up and encourage further growth Tron has launched an accelerator program for dApp developers. The million dollar initiative is ‘aiming to empower developers and foster innovation within the blockchain industry,’ according to the official website.
The site goes on to explain that the accelerator program is effectively an online competition which will be;
“rewarding up to 56 winning DApp projects across multiple categories. Unlike some of the previous programming contests that rewarded multiple developers, TRON Accelerator does not features loan or equity model. Winning teams and developers will keep ownership of their products after they get rewarded.”
Registration and submissions will be accepted up until the end of the year with the winners announced in January. Tron is also hosting its first international summit in San Francisco in January called niTROn. Running on the 17th to 18th the event will be hosting a wide selection of speaker panels, technical workshops, and networking events, though no specifics have been posted on the website yet.
The Tron Network has been aggressively expanding despite the bear market this year. Following its acquisition of peer-to-peer network, Bittorrent, Tron went on to acquire payment app, Poppy. Last month discussions with Chinese internet giant Baidu resulted in collaboration on cloud computing services between the two.
TRX did not escape the crypto rout last week however, falling 18% over the past seven days. Market cap has declined to $1.2 billion but it has managed to hold on to eleventh spot on the crypto charts. At the time of writing TRX was trading down 6% on the day to just below $0.018.
 
Image from Shutterstock
The post Tron Surpasses Ethereum for dApp Transaction Volume, Launches Program for Developers appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bear attack: Bitcoin Cash [BCH], Tron [TRX], Litecoin [LTC] biggest losers, Bitcoin [BTC], XRP and XLM most resilient

The market has been seeing a generally bearish downturn as the date of its historical bull run draws closer. Even as the space continues to see interesting developments in terms of custody solutions, market maturation and the entry of institutional developments, the market continues to not shake off the strong grip of the bear’s hold.
Even this week, the market is experiencing a general downward trend, generally owing to the lack of market momentum seen in the Bitcoin [BTC] market in particular.
#1 Bitcoin Cash [BCH]:
Bitcoin Cash has undoubtedly been the star of the media’s eye, as its upcoming hard fork has everyone in the crypto-space looking. However, as a consequence of its astronomic rise last week, the coin is now experiencing a retracement of 15.6% in the red zone, making BCH the biggest loser in this week’s bearish experience.
It is currently experiencing a loss of 2.6% over the past day with a trading price of $524 and a market cap just under 1/10th of Bitcoin at $9.1 billion.
#2 Tron [TRX]:
Tron [TRX] is the second biggest loser this week with a loss percentage of 9.99% over the timeframe, with a 2.6% loss continuing into the 24-hour zone. The coin is trading at $0.02 with a market cap of $1.4 billion, putting its position on CoinMarketCap right below that of USD Tether.
#3 Litecoin [LTC]:
Litecoin is the 3rd largest loser this week with a 9.4% loss over the past 7 days culminating in its loss today of 1.1%. This puts it at a price of $50.2 with a market cap of $2.9 billion.
#4 Cardano [ADA]:
Cardano is also experiencing a heavy loss of 8.4% over the week and 3% over the past 24 hours, reducing its price to a low of $0.07. This puts its market cap at $1.8 billion and makes it the 4th biggest loser in the bearish race downwards.
#5 EOS:
EOS is close behind, as the coin has only recently lost its position and is now at #6 by market cap. It is trailing XLM’s market cap by $100 million, with a market cap of $4.7 billion and a price of $5.2. It is undergoing a loss of 8.3% over the week, with a loss of 2.4% over the past 24 hours. This puts it at the position of being the 5th largest loser over the week.
#6 Monero [XMR]:
Monero is another coin that seems to be resilient to the bear’s attacks, with its loss coming in the middle of the pack at 6.5% over the week. However, it has undergone only a 0.5% loss over the past 24 hours, putting its price at $104 with a market cap close behind Cardano’s at $1.7 billion.
#7 Ethereum [ETH]:
The second largest cryptocurrency, Ethereum, has begun experiencing a general downward spiral to see a bounce off the $200 mark yet again. It is currently undergoing a loss of 5.2% over the past week, with a 1.2% loss over the past 24 hours at a price of $206 and a market cap only $900 million past its closest competitor at $21.3 billion.
#8 XRP:
XRP seems to be building up positive sentiment, as seen by the variety of good news for the HODLers of the coin. However, the price is not reflecting the same, as it has observed a 1.4% slide over the day, adding to its weekly loss of 4.4%. This marks its place as the 3rd lowest loser over the time period, with its current price of $0.50 and a market cap of $20.4 billion.
#9 Bitcoin [BTC]:
The #1 cryptocurrency has not presented any of its characteristic knife drops or shooting star-esque growth over the past 2 months, leading many to believe that traders are slowly leaving the market for greener pastures.
The coin is down by 2.75% over the past week, with a slow decline of 0.38% over the past 24 hours. It is currently resting at a price of $6531, with an undisputed market cap of $110.3 billion. It is hence the second lowest loser over the past week.
#10 Stellar Lumens [XLM]:
Stellar Lumens has been the coin with the most armor against the bear’s attacks, it seems, leading to a loss of only 2.3% over the past week, making it the lowest loser. However, the coin is undergoing a loss of 5.2% over the past day and is now at a trading price of $0.25 and a market cap of $4.8 billion.
The crypto-market might be set for another recovery rally. However, all the market seems to want is the volatile market movement seen by the coins before this period of extended non-volatility.
The post Bear attack: Bitcoin Cash [BCH], Tron [TRX], Litecoin [LTC] biggest losers, Bitcoin [BTC], XRP and XLM most resilient appeared first on AMBCrypto.
Source: AMB Crypto

4350 TRX Up for Grabs on Price Prediction while TRON Gaining Traction on Exchanges and Social Media

The cryptocurrency price index Coinraking is giving away 4350 TRX on correct Tron price prediction for November 16. Meanwhile, Tron is getting traction on Twitter, gains a new listing on Bloackport, and Bitexbook is ready to become the first exchange for free listing Tron-based tokens.
Predict Tron Price & Win 4350 TRX
Coinranking, a digital assets price index is giving out 4350 TRX for guessing the correct Tron price on November 16, Friday. This price prediction event closes on November 14 at 23:59 UTC. The price will be ascertained as per the Coinranking database.
If you want to apply for this contest, comment your price prediction in USD and retweet Coinranking’a tweet. Only one answer each person is acceptable where the first right answer will be the correct answer.
The Tweet mentioned above is:

Predict and win 4350 $TRX 🔮 Sponsored by @Indacoin 💰https://t.co/gSKat8k7WC… #CRpredicts #tron #trx @Tronfoundation #week53 pic.twitter.com/3Tg3RoINB7
— Coinranking (@coinranking) November 9, 2018

A Continuous Stream of Exchange Listings
Yet another exchange has been added to Tron’s long list of exchanges. Amsterdam-based social cryptocurrency exchange, Blockport now allows its users to buy and sell TRX directly with Euro on its platform as Tweeted,

We’re excited to announce the listing of @Tronfoundation on our trading platform!
Blockport users can now buy and sell Tron’s token, $TRX, directly through our Euro gateway.
Learn more about #TRON and its listing here:https://t.co/V20wzFKgJX#BPT #tronfoundation #TRX
— Blockport Official (@blockportio) November 8, 2018

Tron is the tenth cryptocurrency added to the exchange. In its official announcement, Brockport shares, “Of equal importance is that Tron’s European community will now have direct access to the TRX token through our user-friendly exchange and trading platform.”
Moreover, after listing Tron recently, Bitexbook will be listing Tron-based token for free on its platform. In its official announcement, the exchange says, “Team of the BITEXBOOK exchange, with the help and support of TRON discussed the potential future prospect of blockchain development around the world, as well as in the Asian region, and established joint strategic plan to further develop collaboration.”
It further explains,
“We are ready to be the FIRST exchange platform to provide with a FREE listing for the tokens with trading pairs to BTC and TRX, and potentially direct pairs to fiat currencies such as USD and RUB. This step will allow these tokens to bring their projects to a new level and gain access to investors who working mainly with standard fiat and crypto pairs (USD, RUB, BTC, ETH, etc.). Our exchange provides the ability to make deposits and withdrawals using Visa, Mastercard, MIR payment cards, as well as electronic money systems such as Webmoney, Ya.Money, Qiwi, etc.”

#BITEXBOOK and #TRON have established cooperation!
FREE LISTING of tokens based on the blockchain #TRON.
We are ready to be the FIRST exchange platform to provide with a FREE listing for the tokens with trading pairs to BTC and #TRX, and potentially… https://t.co/AJXPX28WoW pic.twitter.com/a1zHXddbRv
— BITEXBOOK (@bitexbook) November 12, 2018

Another interesting facet is Tron’s rising popularity on Twitter as shared by a crypto enthusiast on Twitter,

Don’t miss the #TRON train. The most talked about crypto on twitter, it’s only a matter of time! #cryptocurrency #CryptoNews #TRX pic.twitter.com/CyYl58NB85
— Crypto Sarah Ⓥ (@crypto_sarah9) November 10, 2018

At the time of writing, TRX has been trading at $0.0023 while being in the red by 0.49 percent while having a market cap of $1.47 billion.
The post 4350 TRX Up for Grabs on Price Prediction while TRON Gaining Traction on Exchanges and Social Media appeared first on Coingape.
Source: CoinGape

Tron [TRX] cross 4 million in block height; gains additional support with Blockport listing

Tron [TRX], the eleventh-biggest cryptocurrency by market cap, has crossed another milestone since the launch of the Tron Virtual Machine [TVM]. This time, it has made a mark by surpassing 4 million mark in terms of the block height. Justin Sun, the CEO and Founder of Tron Foundation announced on Twitter:
“#TRON reaches 4 milliom block height! #TRX $TRX”
Tron [TRX] block height | Source: TronScanGenerally, a blockchain has a series of blocks, the very first block is known as the genesis block. The genesis block has a block height of zero. Moreover, the blocks contain data units which store information of the transactions that takes place on the network.
X-Wing, a Twitterati said:
“Towering above the competition #TRON #TRX”
YOTCOIN, another Twitterati said:
“Living up to what the believers in Blockchain would like to believe in. p2p economy :)”
Moreover, the coin was recently listed on Blockport, a cryptocurrency exchange that allows users to buy, sell and trade cryptocurrencies with Euro. The cryptocurrency has now gained the support for trading alongside Euro, with the support of this exchange platform.
Blockport announced on their official portal:
“Of equal importance is that Tron’s European community will now have direct access to the TRX token through our user-friendly exchange and trading platform.”
However, the community continues to be stressed about the lack of positive price action. According to CoinMarketCap, the cryptocurrency was trading at $0.022 with a market cap of over $1 billion. The trade volume of the coin was $54 million and had slumped by 3.80% in the past seven days. The highest trade volume of the coin was pouring in from BitForex with TRX/ USDT pair. It was followed by OKEx with TRX/ USDT pair, Binance with TRX/USDT pair, and Huobi with TRX/ USDT pair.
Sveinung Hereid, a Twitterati said:
“Do you ever think about your HODL’ers @justinsuntron ? Looks like this is the top value the coin will ever reach. Not a single thing so far can prove otherwise. Still u hype us along making only your self rich.. its….sad.”
The post Tron [TRX] cross 4 million in block height; gains additional support with Blockport listing appeared first on AMBCrypto.
Source: AMB Crypto

What Do XRP, Bitcoin Cash And TRON TRX All Have In Common This Week


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It’s often difficult to keep up with the crypto news headlines, given that on any given day we see literally 100’s of news pieces published across the internet. However, it’s very easy to spot the trends as a result of this sheer volume. What you might have seen over the last week is very positive news coming out about Bitcoin Cash, XRP and TRON. So, when you ask what BCH, XRP and TRX have in common this week, we say – they have all broke the news with big headlines this week.
As you should know, crypto news has an impact on the markets (again, this is as a result of the sheer volume of news) therefore, when good news comes out, what we tend to see is the respective cryptocurrencies start to increase in price. This is because, when positive news surfaces, investors start to pump more money into the cryptos as a result of FOMO, fear of missing out. Everybody knows that good news encourages the price to climb so upon the release of positive news, a perfect buying opportunity tends to present itself.
Now, remember that even with all of this in mind, the markets are still very volatile and that even when a price climb begins, the markets are still at risk of falling. We can’t ever predict what will happen within the markets so therefore, always do your own research before choosing to invest.
Why Bitcoin Cash saw a flash increase
Bitcoin Cash has flown this week, bringing in an awful lot of value and making a lot of investors a little more optimistic about the future of their investment. Now of course, Bitcoin Cash isn’t quite back on track towards it’s $2,000.00 target, however, upwards movements can only be good news right?
“Since the first of November, Bitcoin Cash has seen a 45% rally as Binance and Coinbase, two leading digital currency exchanges, announced their support to their upcoming Bitcoin Cash fork due on the 15th November. On its website, Coinbase announced that ‘in the unlikely event that several viable chains continue following the fork, Coinbase will make sure that customers will have access to their funds on each chain. As a hard fork occurs, holders of the forked digital currency are eligible to get both coins. But if the crypto holdings are deposited on an exchange then the exchange will have to adopt both protocols to let users migrate both coins.”
Bitcoin Cash has started to fly as a result of a pending hard fork, which will see a huge upgrade roll out across the Bitcoin Cash network. The reason Bitcoin Cash has moved out is simply down to speculation and excitement, some even believe that Bitcoin Cash will enter a massive bull run once the hard fork has taken place. Remember, don’t let this be your sole reason for investing in Bitcoin Cash. A hard fork is a risky move, one that could pose issues further down the line, though, given that the Bitcoin ABC run these hard forks twice a year, we’re pretty confident they know what they are doing.
What happened to XRP this week?
XRP has also seen positive movements this week as a result of some headline breaking developments both within and around Ripple. XRP seems to be especially responsive to news recently. Remember how XRP shot up over 100% with the news of a pending xRapid launch date? It’s a volatile cryptocurrency, one that is finally making significant progression after what looks to have been a pretty tame year.
“XRP is once again making headlines and this time around it’s about its price and overstanding a place in the market. Recently, there has been a lot of rumours regarding both the short-term and long-term future of the popular cryptocurrency. After months of positive news as the crypto scored major exchange listing, something was bound to happen in the end. Earlier in the week, news broke out that XRP would be supported by Wirex as used for an option on Apple Pay.”
To continue…
“With news like this emerging, the market was bound to have a slight rumble and given the advancements in adoption, the crypto has made over the past few weeks. Overall, the news turned out to be the catalyst which launched the slight bull run. The upscale saw the token gain over 18% which led to it to break into the $0.5 region and solidify a new level of support at $0.53-$0.54. Nevertheless, many traders expect this price to skyrocket even further and there are some analysts who put XRP’s final point at $10-$15 by the end of this year!”
Transaction fees bode well for TRON
Unlike XRP and Bitcoin Cash, TRONs TRX has not entered a short bull run this week and thus, we haven’t seen TRX generate a significant amount of value, proving that good news doesn’t always mean high price!
Even so though, TRX has been the butt of many headlines this week, further enhancing the vision for this ever growing cryptocurrency. It has been revealed this week that TRON now regularly withstands more than 1 million transactions per day. One of the main problems of the Ethereum blockchain (the chain that TRON used to be built on) is scalability, Ethereum can only handle so much traffic at once.
One of the main reasons TRON migrated onto the TRON mainnet (it’s own blockchain) is that TRON wanted to address the scalability issues of Ethereum, TRON wants to be able to handle more daily transactions than any other blockchain, indeed, with recent news in mind it seems that TRON have finally made this dream a reality.
“With this new daily transactions throughput, it suggests that developers over at TRON will need to extend this trend for as long as possible. Unlike other projects, it seems that the network has room for more growth in the future. Transactions costs remain relatively low at an average of $0.02 whereas Bitcoin’s current fee is more to the $0.4 region whereas Ethereum’s fees sit at around $0.19.”
All in all, we have had a good week. Investors are feeling a little more optimistic and the next few weeks are starting to look a little more promising. Bitcoin Cash, XRP and TRON TRX move into the next week with a lot of positivity behind them, we can’t wait to see what happens next!

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The post What Do XRP, Bitcoin Cash And TRON TRX All Have In Common This Week appeared first on Crypto Daily™.
Source: Crypto Daily

Tron breaks Ethereum’s record of Most Number of Transactions recorded in 24 hours

Tron has been one of the best coins of the year as far as actual development and adoption is concerned. It’s not just the coin but vision of Justin Sun has also played an important role in the coins progress.  While the year is about the end, but Tron’s progress doesn’t seem to be stopping as now Tron has defeated Ethereum for the highest number of transactions in 24 hrs on Nov 9, 2018.
Tron taking Ethereum head on the race to the top
Tron has been scaling great heights this year especially after it moved on to its MainNet. The coin has also been challenging and in fact defeating Ethereum on various grounds. In another latest victory for Tron, Tron has broken Ethereum’s record for the highest number of transactions on Nov. 9, 2018. Till now, the highest number of 24h transactions of ETH recorded was 1,349,890, on Jan 4, 2018, while that of TRX was 1,367,488, on Nov 9, 2018.
The news was noticed when Misha Lederman, co-founder of IAmDecentralized.org, posted on his twitter giving out the statistics. His tweet read

It’s Official ✍🏽#TRON has broken #Ethereum‘s record for highest number of transactions on Nov 9, 2018
#ETH highest transaction volume recorded on Jan 4, 2018: 1,349,890 Txs 👇🏽#TRX highest transaction volume recorded on Nov 9, 2018: 1,367,488 Txs 💥#IAmDecentralized🖖🏽$TRX pic.twitter.com/qQaLwNf4YW
— Misha Lederman (@mishalederman) November 9, 2018

 
Tron has been scaling new heights as the team along with is a visionary leader, Justin Sun have been tirelessly working to win the spot that Ethereum has been holding for quite some time in the world of cryptocurrencies.
The news was also shared on Twitter by Justin Sun when he replied to Lederman saying that he doesn’t think Ethereum transaction volume will be able to catch up to Tron’s transaction volumes again

Don’t think #Ethereum transaction volume will ever catch up to #TRON‘s again. 😳@VitalikButerin #TRX $TRX #ETH https://t.co/P5ha4UX6fi
— Justin Sun (@justinsuntron) November 10, 2018

Just a few days back Tron has exceeded 1 million daily transactions while growing its total number of accounts and online nodes. The 11th largest cryptocurrency was seen on its way to surpass the combined daily transaction volume of top three cryptos i.e. Bitcoin (BTC), Ethereum (ETH), and XRP. Misha Lederman had, then as well, tweeted saying Tron had set a new record with 996,041 daily transactions on Nov 3
In October, the world’s 11th largest cryptocurrency (Tron TRX) had surpassed 2nd largest cryptocurrency Ethereum (ETH) in daily transactions as transactions on Tron network had reached nearly 600k. This was the first time Tron (TRX) has surpassed Ethereum (ETH) in daily transactions.
Not just daily transactions, Tron has been gaining meteoric heights in terms of a total number of accounts and block heights. In August Justin Sun of Tron informed the community that the total number of accounts on #TRON MainNet have exceeded 100 thousand and the block height has already reached 1100078 with 368 online nodes.
The way Tron is scaling new heights especially in its battle with Ethereum, Ethereum will soon have to find answers. If Ethereum’s problems continue to persist in no time it will have to lose its position to Tron.
Will Tron soon end Ethereum’s dominance? Do let us know your views on the same
The post Tron breaks Ethereum’s record of Most Number of Transactions recorded in 24 hours appeared first on Coingape.
Source: CoinGape

Tron [TRX/USD] Technical Analysis: Cryptocurrency stays adamant to take the bullish path despite bear attack

The past few days have been a roller coaster ride for the cryptocurrency market, with several coins witnessing a significant rise and fall in prices. Cryptocurrencies like Bitcoin Cash [BCH], XRP and Tron [TRX] have all undergone significant changes in prices with the investor sentiment leaning towards an expected surge during the current time period, a call back to 2017’s ‘crypto-boom’.
1-hour:

Tron [TRX]’s rise and fall are clearly seen on the cryptocurrency charts with the uptrend putting the price in the $0.0225-$0.0246 bracket while the downtrend bought Tron’s value from $0.0248 to $0.0237. The immediate resistance of the cryptocurrency has been lifted to $0.0248 and the support is holding at $0.0214.
The MACD line and the signal line have both embarked on a journey below the MACD histogram where the signal line has peaked a bit, indicating an imminent price hike.
The Relative Strength Index [RSI] has bounced back from the oversold zone, a sign of the increase in buying pressure of the cryptocurrency.
1-day:

The one-day Tron chart points to the price slowly being lifted out of its sideways movement pattern, all thanks to the significant hikes that occurred over the past few days.
The long-term chart still indicates a downtrend, with the prices dropping from $0.0391 to $0.0246. The long-term support has been holding at $0.018.
The Bollinger bands indicate a sideways movement which is put into picture by the upper Bollinger band and the lower Bollinger band taking the shape of a pipe. The size of the Bollinger clouds also shows a lack of substantial breakouts in the Tron prices.
The Chaikin Money Flow [CMF] indicator has been quite active, with the graph breaching the axis. The entry into the upper quadrant of the CMF graph is a bullish sign for the cryptocurrency’s prices.
Conclusion
The indicators seem to indicate an imminent price hike as shown by the MACD graph, CMF, and the RSI. The indicators also show that the increase will also raise the immediate resistance of Tron.
The post Tron [TRX/USD] Technical Analysis: Cryptocurrency stays adamant to take the bullish path despite bear attack appeared first on AMBCrypto.
Source: AMB Crypto

Here’s How TRON And BitTorrent Are Changing The Way Crypto Advertises

Crypto is a huge industry, with a market cap in excess of $2 billion, and it’s developing and growing all the time. As it becomes more mainstream and widely acknowledged, the advertising wing of this industry is bound to find itself with a lot to do.
Spreading the word, raising awareness, and promoting new products is vital for the success of any industry, but for crypto, it’s especially important. That’s because it’s so new, and has struggled with plenty of (often completely undeserved) bad press in the past.
Now, the peer-to-peer file sharing giant BitTorrent is providing a great opportunity for crypto companies by allowing them to use its advertising network.
The news follows the acquisition of BitTorrent by TRON (TRX), a blockchain company committed to changing the way the web works by paving the way for wider decentralization. Now BitTorrent’s and uTorrent’s doors are open to crypto companies who want to advertise their projects and services through Bitmedianetwork.
It’s big news because, with 100 million monthly users and 45 million daily users, BitTorrent comes with a ready-made massive audience. On top of that, it’s an audience of mostly young, tech-savvy people with a good understanding of decentralization and a respect for its value.
This means crypto companies could gain access to a goldmine of potential customers and seriously increase their reach.
Of course, the opportunity isn’t open to just anyone. BitTorrent will be screening applicants and only allowing established crypto companies with a good track record.
The founder of TRON and CEO of BitTorrent, Justin Sun, is excited for the project. He said:
“With the official release of µTorrent Web, our next generation BitTorrent protocol client, we are driving stronger engagement, which is growing the supply of our premium display and video placements.” He added, “When leading crypto businesses think about driving global awareness for their projects, we hope they include BitTorrent in their overall advertising strategy.”
His optimism isn’t unwarranted, either. The move helps crypto and blockchain as an industry to gain much more exposure and target millions of potential users and customers. As well as helping individual companies, blockchain and its associated concepts are likely to benefit from the move.

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The post Here’s How TRON And BitTorrent Are Changing The Way Crypto Advertises appeared first on Crypto Daily™.
Source: Crypto Daily

Tron to Beat Combined Daily Transaction Volume of Bitcoin, Ethereum, & XRP as it Surpasses over 1 Million

Tron has exceeded 1 million daily transactions while growing its total number of accounts and online nodes. The 11th largest cryptocurrency is on its way to surpass the combined daily transaction volume of top three cryptos i.e. Bitcoin (BTC), Ethereum (ETH), and XRP.
Tron Celebrates Surassing 1 Million Daily Transactions
The 11th largest cryptocurrency has broken its own records by exceeding 1 million daily transactions recently. Tron founder and CEO Justin Sun took to Twitter to announce this accomplishment:
“#TRON surpassed 1 MILLION daily transactions!! Congrats @dmichaels24 @LittleTronChan @Cgj_Crypto @Moelands2020 @dantoszek18 for guessing right! What’s next?”

 
On November 4, Tron recorded the highest number of daily transactions at 1018795. While the lowest number was recorded on June 29 at 1397 as per Tronscan.org.
Soon, Tron will be able to surpass the combined daily transactions volume of top three cryptos viz. Bitcoin (BTC), Ethereum (ETH), and XRP as pointed out by a Tron enthusiast,

#TRON set a new record with 996,041 daily transactions on Nov 3 📈💥
Comparison on Nov 3:$BTC: 249,564$ETH: 505,015$XRP: 265,004
= 1019583 Total Txs#TRX is a mere 23,542 Txs from beating the combined daily transaction volumes of #BTC, #ETH & #XRP!#IAmDecentralized 🖖🏽$TRX pic.twitter.com/zaMtAjVRB1
— Misha Lederman (@mishalederman) November 4, 2018

Tron has already left Ethereum behind and in order to celebrate this achievement, as Sun has Tweeted a few days back, 1,000 TRX will be rewarded to each of the five winners,
“#TRON reached 990k transaction yesterday(11/02/2018). Almost 2x to that of #ethereum. Guess when TRON will reach 1M Tx per day? Guess & RT. I will randomly pick 5 winners for 1k $TRX each!”
Apart from daily transactions, Tron is constantly growing its addresses and nodes. With a block height of 3816367, the total number of accounts has reached 563823 while the online nodes are already past 1k at 1130.
Also, Ashburn, where 70 percent of the world’s online traffic goes through has the majority of the active TRX nodes.
Tron community is excited about this achievement as one Tron enthusiast shares,
“Congrats @justinsuntron you have been able to accomplish so much in such a short period of time. I can’t wait for the end of Q4 and what 2019 brings. I smell Top 5 by EOY 2019.”
At the time of writing, the $1.5 billion market cap cryptocurrency has been trading at $0.0235 with about a 4 percent surge in the past 24 hours.
The positive and developing news along with a momentum in price has the Tron community excited and anticipating TRX to hit $1 soon.
The post Tron to Beat Combined Daily Transaction Volume of Bitcoin, Ethereum, & XRP as it Surpasses over 1 Million appeared first on Coingape.
Source: CoinGape

Tron [TRX] launches $10000 bug bounty program on Hackerone to become the “most secure public blockchain in the industry”

Keeping in mind their focus towards security on the Tron [TRX] blockchain, Tron Foundation has announced a bug bounty program on Hackerone. The program offers rewards of up to $10000 for critical issues, with the program aimed at discovering “potential technical vulnerabilities” in the mainnet.
Tron aims to achieve this using the help of the Tronics, with the Foundation calling out members who “specialize in global network security”. Moreover, the program is in order to sustain the mainnet as the “most secure public blockchain in the industry”.
Critical bugs found on the mainnet include bugs that can take control of nodes on the network by the remote execution of any code on the network. Another bug in this category are bugs that can lead to the leakage of users’ private keys. These have a bounty of $10,000, which are set to be paid out 14 business days post the submission of the report.
High threat level bugs include bugs that can incur Denial of Service on P2P networks or the RPC API, and provide a bounty of $6000. The medium threat level bugs are those that can incur a Denial of Service through the Tron protocol, along with bugs that allow unauthorized operations on user accounts.
The listing also mentioned a list of bugs that are off limits, which include clickjacking on pages with no sensitive actions, man in the middle attacks, root level access attacks, CSV injections, and content spoofing and text injection issues.
Hackerone remains as the platform with the highest amount of bounty finders and ethical hackers, thus contributing to the overall security of the Tron network.
The post Tron [TRX] launches $10000 bug bounty program on Hackerone to become the “most secure public blockchain in the industry” appeared first on AMBCrypto.
Source: AMB Crypto

100,000 TRX Giveaway by CoinCodex in Collaboration with Tron Foundation

CoinCodex has announced a giveaway of 100k TRX in collaboration with Tron Foundation while Tron founder and CEO working on further taking its “fantastic story” forward.
100k TRX up for Grabs
TRX giveaways are nothing new as previously Binance among many other firms have announced Tron competitions and giveaways.
Now, CoinCodex, a platform that provides information on various cryptocurrencies’ prices, market cap and subsequent charts have teamed up with Tron Foundation to giveaway a total of 100k TRX.
The official announcement reads, “We’re giving away 100,000 TRX tokens in collaboration with Tron.” It further shares on twitter:

CoinCodex is giving away 100,000 $TRX tokens in collaboration with @Tronfoundation. The pool will be split between 5 winners as determined by a random draw.
Entering our #TRON giveaway is extremely simple – follow the link below to participate.https://t.co/gW57e0AbwV
— CoinCodex (@CoinCodex) November 2, 2018

The giveaway period for 100,000 TRX is 2018/11/02 15:00 to 2018/11/12 15:00 (UTC). The number of winners chosen will be five that are determined by a random draw. There are still 9 days left in the competition and about 18,703 entries have been already made.
Hard at Work
Recently, in an interview, Tron founder and CEO, Justin Sun shared that Tron is much more than just a hype:
“FUD and Shill are commonly used to change the perception investors have around cryptocurrencies to influence the price. Unlike some projects, TRON reached all its milestones (test net, main net, an election of the witness nodes, virtual machine launch) without any significant snag. I believe that’s a great example that TRON is not only hype like some people say.”
He further added on blockchain taking more than a decade “before you can experience it,”
“Our team is working 24/7 to make that happen in much less. I founded the company in September 2017; today we are about 300 people. This is just the beginning of a fantastic story.”
In response to this only, Tron is already working on the Asian market especially Japan and South Korea. Tron Foundation has released a video series to promote Tron to these markets while its official announcement reads,
“The fourth episode of the introduction video series for the Japanese community was released. The series aims to introduce TRON to the Japanese community in detail through interviews between the TRON mascot and the host, showing the development of TRON to the community members in a vivid way.”
At the time of writing, at 11th position, Tron is trading at $0.0227 while being up by 0.86 percent.
The post 100,000 TRX Giveaway by CoinCodex in Collaboration with Tron Foundation appeared first on Coingape.
Source: CoinGape

Tron [TRX] announces addition on new exchange; Tronics joy knows no bounds

On 2nd November, Justin Sun, the founder and Chief Executive Officer of the Tron Foundation, revealed that TRX can now be traded on BitexBook, a popular cryptocurrency exchange. Sun tweeted:
“#TRX already can be traded on @bitexbook, BITEXBOOK will provide #TRON a powerful, in-demand service that will allow #TRONICS to reduce effort spent on managing crypto assets and makes it transparent and reliable. #TRONICS can trade TRX/BTC now.”
The service will allow Tronics to reduce effort spent on managing crypto asses and makes it transparent and reliable. BitexBook has stated that they will offer instant deposit where all deposit and withdrawal options will be instant. The exchange has also said the withdrawals will be successful in 60 minutes.
Brad, a Twitter user added:
“At this stage in crypto, the market dictates the price, not the projects themselves. When the entire market goes up, so will Tron. Everything follows BTC, coins won’t move on their own until they have major revenue streams coming in. That’ll be a few years from now.”
Tron was also in the news recently when Justin Sun announced that he had conducted the coin burn of $800 million worth of TRX tokens. The report released by the company states:
“This time, TRON foundation burned 34776069388.7 TRX, which is part of the TRX locked by the Foundation. According to the official statistics, 98012196741.9 TRON ERC20 Tokens have been burnt so far, accounting for 98.01% of the total 100 billion TRX issued.”
The report released by the Foundation also added that at the moment over 100 different exchanges as well as wallets. The company assured users and holders that all the TRX token received will be processed by the Foundation itself.
The post Tron [TRX] announces addition on new exchange; Tronics joy knows no bounds appeared first on AMBCrypto.
Source: AMB Crypto

TRON TRX Is Set To Take Over Japan


 Listen Here – https://soundcloud.com/cryptodaily/tron-trx-is-set-to-take-over-japan
One of the major targets for TRON is Asia. We get the feeling that for Justin Sun, the founder of TRON, TRX adoption across a number of Asian countries is sort of the dream and indeed, TRON does offer these countries a lot through the TRX currency and the TRON blockchain. In essence, TRX is very adoptable in Asia, as it is across the rest of the world.
Sun is looking towards countries like Japan and South Korea to spearhead this adoption. It’s no secret that both Japan and South Korea are two of the most crypto-forward nations in the world, with governments that are very much focused on fostering a positive approach towards the adoption of cryptocurrencies and blockchain technology, therefore Sun and TRON will want to capitalise on this. If TRON wants to find instant success within a country in order to see TRX adoption, Japan and South Korea are two of the nations to target, it’s as simple as that.
When we look at the data, we can see that TRX is slowly gaining popularity and traction within Japan specifically, complimenting the projects presence across Asia. Many consider that Ripple’s XRP is the cryptocurrency built to totally change Asian countries, however TRON is striking up fierce competition to this.
According to Ethereum World News, the TRON Foundation have announced a new video series that has been aimed at further promoting TRX within Japanese markets. The official TRON statement states:
“The fourth episode of the introduction video series for the Japanese community was released. The series aims to introduce TRON to the Japanese community in detail through interviews between the TRON mascot and the host, showing the development of TRON to the community members in a vivid way.”
Will Japan be the world’s crypto capital?
Many do expect that Japan will one day become the cryptocurrency capital of the world. This is because Japan has always been ahead of the game when it comes to cryptocurrency adoption and regulation. Japan are one of the few countries to fully regulate the cryptocurrency sector. This might sound like a bad thing, but it isn’t. Japan are proving just how useful honest and fair cryptocurrency regulation is. The consensus in Japan is not to censor cryptocurrencies, instead, the notion is that exchanges need to be seen to be protecting their customers.
In Japan, exchanges have to abide by very strict guidelines, guidelines which in turn protect investors and customers.
Now, as you can probably tell this benefits TRON in the long run, the adoption of TRX can only be driven by these regulations, so long as the regulated exchanges in Japan are happy to list TRX. The exciting thing about this, is that because of the way the regulations work, TRON need to do very little to ensure that their token is allowed to operate in Japan. The responsibility is in the hands of the exchange to follow the regulations, meaning TRON simply just need to market their token to the exchanges, the customers should then follow.
New TRON updates
Whilst we are here, let’s take a look at some of the most recent updates to come straight out of the TRON project. According to Blokt:
“As of Oct. 19th, the upgrade of Version 3.1.2 was completed by 33 exchanges. The EasyTrade development went ahead as planned and is now in its third phase. TronGrid was scaled up so that it can accommodate a large number of developers Dapps using the ecosystem.
Tron updated its documentation as a direct response to issues raised by the developer community.”
Furthermore:
“Last Trip, a Dapp developed by WuXia, will be launching a multi-language version of the game on Tron. TronDice, another entertainment Dapp ‘developed by Tron community developers’ has already been launched on Tron MainNet. TronDice has a 24-hour transaction volume of 88,724, with a DAU of 1,571. HitDapps has been launched on the Tron MainNet and has already developed three entertainment apps. HitDapps was developed by DAppsWiki, an Australian development team that pledged to continue supporting Tron’s community.”
Finally:
“The technical development team completed the addition of the index switch to the optimized index of SolidityNode and improved the TVM performance for the optimized TVM executions process. The team is working on optimizing the testing memory database and setting the BFT development plan.”
The expansion of TRON and TRX continues to impress many crypto enthusiasts across the world. We know that those in Japan are now watching this project very closely to gauge how they might invest in the future. Japan, South Korea and other areas across Asia may very well be some of the first countries to truly adopt cryptocurrency, many like ourselves now expect to see TRON TRX become one of the first cryptocurrencies to be adopted. At the very least, TRX has got as good a chance as any of the ‘adoptable’ other cryptocurrencies.

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The post TRON TRX Is Set To Take Over Japan appeared first on Crypto Daily™.
Source: Crypto Daily

Tron Burns Over 98% of ERC20 TRX Tokens while Adding 2 More Exchanges

The world’s 11th largest cryptocurrency that is trading at $0.0225 with 0.26 percent gains recently burned $800 million worth of ERC20 Tokens that accounts for “98.01% of the total 100 billion TRX issued.” Meanwhile, Tron also adds more names to its growing list of exchanges while pledging $10,000 for Donatefornetneutrality.com.
7th Batch of ERC20 TRX Tokens Burned
Tron founder and CEO updated the Tron community about conducting the 7th ERC20 coinburn on twitter with:

I just burned 800 million USD worth $TRX ERC20 tokens. $TRX ERC20 tokens will soon become historical artifacts😋 Don’t forget to keep one as a souvenir. 😇#TRON
— Justin Sun (@justinsuntron) November 1, 2018

Today, Tron Foundation released a detailed report where it shared,
“Following TRON’s MainNet launch on June 25, 2018, TRON Foundation has been proactively updating its MainNet and conducting token migration in its global community. As of now, near 100 exchanges and wallets including OKEx, Huobipro, Binance, Cobo Wallet, Cryptopia etc. have completed their token migration and resumed withdrawal and deposit services. All the ERC20 Tokens retrieved will be processed by TRON Foundation.”
It also mentioned that the Tron Foundation has conducted 7 coinburns till now as it further adds,
“This time, TRON foundation burned 34776069388.7 TRX, which is part of the TRX locked by the Foundation. According to the official statistics, 98012196741.9 TRON ERC20 Tokens have been burnt so far, accounting for 98.01% of the total 100 billion TRX issued.”
Currently, “TRON MainNet is running stably,” writes the Foundation while it keeps on adding daily transactions, accounts, and exchanges.
BitexBook is one such crypto exchange that will now “provide TRON a powerful, in-demand service that will allow TRONICS to reduce effort spent on managing crypto assets and makes it transparent and reliable.” The exchange as per official announcement provides instant deposit, withdrawal in an hour, and commission from 0.1 percent.

#TRX already can be traded on @bitexbook, BITEXBOOK will provide #TRON a powerful, in-demand service that will allow #TRONICS to reduce effort spent on managing crypto assets​ and makes it transparent and reliable. #TRONICS can trade TRX/BTC now. $TRX https://t.co/SVmps2tl9G pic.twitter.com/COIJt7gsAh
— Justin Sun (@justinsuntron) November 2, 2018

Bixtranex is another exchange that will be adding a number of cryptos along with Tron on November 8 as per the Reddit announcement.
Moreover, Justin Sun also exceeds 500k followers on Twitter while pledging $10,000 for Donatefornetneutrality.com that will “help fund efforts to educate voters in key districts across the country to vote pro-net neutrality and support lawmakers to reverse the decision that ended net neutrality.”
At the time of writing, The world’s 11th largest cryptocurrency Tron has been trading at $0.0225 while being in the green by 0.26 percent.
The post Tron Burns Over 98% of ERC20 TRX Tokens while Adding 2 More Exchanges appeared first on Coingape.
Source: CoinGape