TRX

Sentiment Heavily Bearish on Solana, Tron and One More Ethereum Rival, Says Analytics Firm – But There’s a Catch

October 8, 2022 The Daily Hodl

Altcoins

Crypto analytics platform Santiment says many are bearish on Solana (SOL), Tron (TRX) and Binance Coin (BNB), which might signal a bottom is near. According to Santiment, heavy bearish sentiment is sometimes a signal for an imminent upswing in price. “We’re in a spot now where several cryptocurrencies are seeing some rising optimism, while others […]

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Crypto Traders Turning Against Cardano, Tron and One Ethereum Rival, Says Santiment – But There’s a Catch

October 7, 2022 The Daily Hodl

ada

Crypto analytics platform Santiment is warning that three crypto assets are witnessing negative bias amid their poor price performance year-to-date. Santiment says that traders are beginning to “turn on” smart contract-enabled blockchains Cardano (ADA), Tron (TRX) and EOS (EOS). According to the crypto analytics platform, such negative bias is historically a sign that the bottom […]

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Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

September 24, 2022 Bitcoin.com

acumen

The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading […]

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Tron Founder Justin Sun Says His Crypto Exchange Poloniex Will Support All Future Forked Ethereum Tokens: Report

August 8, 2022 The Daily Hodl

crypto

The founder and former chief executive of smart contract platform Tron (TRX) is reportedly saying that his crypto exchange will support all future forked Ethereum (ETH) tokens. According to a new report by Bloomberg, Sun says that Poloniex, a crypto exchange he heavily backed in 2019, will list any proof of work versions of Ethereum […]

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Biggest Movers: ETC Nears 10-Week High, as TRX Extends Recent Gains

July 27, 2022 Bitcoin.com

Analysis

Ethereum classic was approaching a ten-week high on Wednesday, as prices rose by over 14% in today’s session. These gains came as prices rose for a second consecutive day, with tron also extending recent gains during hump day. Overall, the crypto market cap is 1.51% higher as of writing. Ethereum Classic (ETC) Ethereum classic (ETC) […]

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Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

July 5, 2022 Bitcoin.com

Tron’s USDD Regains Stability After Tapping an All-Time Low at alt=

$1 Parity

Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s […]

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Institutional Investors Exit Crypto Markets At Fastest Rate Ever Recorded: CoinShares

June 27, 2022 The Daily Hodl

ada

A leading digital assets manager says large institutional investors are exiting crypto markets at a historic rate. In the latest Digital Asset Fund Flows Weekly report, CoinShares finds that digital asset investment products suffered over $420 million in outflows last week, with Bitcoin taking the brunt of the blow. “Digital asset investment products saw outflows totaling $423 million […]

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Biggest Movers: DOGE Nears 20-Day High, as TRON Also Surges

June 27, 2022 Bitcoin.com

Analysis

DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum. Dogecoin (DOGE) DOGE was a notable mover during today’s session, as prices rose to their highest […]

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USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged

June 21, 2022 Bitcoin.com

USDD Continues to Trade for Under — Tron DAO Reserve Insists Stablecoin Has Not Depegged

Abracadabra

Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity, the […]

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Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound

June 16, 2022 Bitcoin.com

Analysis

SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today’s session, spurred by the latest Federal Reserve rate hike. Following a low of $28.46 on […]

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