Tron – Tron – Crypto.com coin, Tron, Kusama price Analysis: 28 March | Fintech Zoom

Crypto.com coin could move deeper into red territory if it fails to hold on to $0.2 support. Tron witnessed an upward breakout from a down channel, while Kusama maintained a strong uptrend since the start of 2021.

Bollinger Bands on Crypto.com Coin converged and showed low volatility in the market as the price moved slightly above $0.2. The aforementioned level represented crucial support for the bulls, and failure to maintain it would likely lead to additional losses towards $0.17, another strong region of support.

At the time of writing, the 24-hour trading volumes ticked up and a bearish scenario could be averted over the coming sessions. MACD line was superimposed on the Signal line and represented a balanced market. To target record levels, CRO bulls would look to initiate a rise above $0.248.

A breakout from the upper trendline saw sharp bullish movement on Tron as it negated a down channel on the 4-hour timeframe. The rise also saw Tron move towards its local high of $0.068, a region that witnessed a strong sell-off during the previous rally. With MACD closing in on a bearish crossover, and RSI showing a bearish divergence, the price was in danger of losing out to support at $0.0627.

If the bulls do overcome bearish sentiment and maintain the aforementioned support mark, then a rise above its local high would be on the cards. A boost from the broader market would also enable Tron to break upward on the chart.

A markup phase was evident on Kusama’s 4-hour chart after the price showed a prolonger uptrend since the start to 2021. Year-to-date gains amounted to over 568% as KSM climbed up the crypto-rankings and positioned itself as the world’s 25th largest cryptocurrency with a market cap of $4.1 Billion. Higher highs and fresher record levels were characteristics of a markup phase, and KSM’s price movement showed exactly that over the last few sessions of trade.

RSI pointed north from above 60 and showed strength on the bullish side. However, Awesome Oscillator noted some choppy movement and even registered a red bar at the time of writing. A pullback, although unlikely, would highlight support levels at $458.7 and $420.5.

Tron – Tron – Crypto.com coin, Tron, Kusama price Analysis: 28 March | Fintech Zoom Tags: Tron

Tron first appeared in 2017. The original founder Justin Sun, originally Ripple’s chief representation, had the idea to start a non-profit organization which would focus on building the infrastructure for a decentralized internet. When the Tron ICO launched, TRX flew off the charts. The initial coin offering price was $0.0019/TRX. Now TRX has reached a staggering $0.06/TRX!

Tron features a very unique protocol which helped it stand out from other blockchains. If you spent a lot of time investing in Ethereum, you know about the absurd gas prices. This is where Tron mixes stuff up a bit. The network uses a DPoS system where elected nodes approve the transaction blocks. This means instead of paying a hefty fee to miners, Tron users can stake their TRX in exchange for “Power”, allowing them to make transactions for free. After 72 hours, users can withdrawal their power back as TRX. In addition, staking TRX allows you to vote on super representatives and earn a APY.

Many professional traders have contrasting speculation on the future of Tron. In 2020, Tron has seen a lot of volatility making forecasting it’s future value quite challenging. Following its significant growth in Feb of 2021, Tron has a good chance of hitting $0.1 by late 2021. On the other hand, Tron has a chance of following a bearish trend. If this occurs, it wouldn’t be unlikely for Tron to drop back down to $0.04, or even $0.03.

Nonetheless, Tron has a made a great ecosystem for Altcoins. If some promising Dapps and Altcoins reach the Tron blockchain in 2021, TRX is bound to skyrocket. In the end, this is still all speculation. Nobody is certain where Tron will go, but it’s definitely a promising project. If you want to diversity your portfolio a bit, holding and staking some TRX on the Tron network may be a smart decision. After all, you still earn from staking!

TRON (TRX), one of the largest and ranked 20th cryptocurrencies is high in demand among gamblers and gamers. We are here to give you a better idea of TRON price prediction for upcoming years. Crypto experts and analysts all over the world are making assumptions that the coin will have a great future ahead. Investors and traders are keen to know the predictions of TRON to get a better idea. But before let’s take a look at the founding stones of the company and what it is!

TRON is a decentralized machine created to boost the internet through decentralization. It helps developers of decentralized applications to build and use dynamic protocols through smart contracts in their native Blockchain the same way Ethereum does. The long term goal of this crypto is to revolutionize the entertainment business.   To do so, the team has partnered in collaboration with leading developers, streaming platforms, social networks, and so on.

Justin Sun was the man behind TRON. It was initially built as an ERC-20 token for the Ethereum network. But soon after its launch in ICO, the project was a big hit and the team started its Blockchain. After the successful launch of Blockchain, TRX was shifted to its own network’s Blockchain.

All of this has helped a lot of TRON to build in itself and grow very quickly by gathering a lot of support and interest. There was also a time when every day there was news that TRON was partnered up with exchanges and other businesses. The hype was real when the network announced that they bought Bit torrent allowing the seeders to earn coins by sharing files.

Before going into price predictions, let’s have a look at how the coin has been doing in the past. TRX began operating in mid-September 2017. The price of the TRON was $0.001984 back then. However, the coin soon came into the greatest crypto bull ever, and gradually increased from the above lows to its $0.275647 all the time highest.

Nearly all cryptocurrency prices depend on Bitcoin directly or indirectly. In this case, TRX is also no different. It has shown bearish and bullish runs in many periods as bitcoin. But Bitcoin’s price alone is not the factor on which Tron’s price depends. Other factors such as a partnership with big giants, the coin’s popularity, and sudden market trends also affected the past prices of TRON.

Between August and November 2019, the price of TRON decreased further to between 1 and 2 cents. Following a challenging time, thanks to the PR campaigns and the integration of the Bit Torrent token TRX increased again. In January 2019 the price of TRON exceeded a $0.27 high, but it eventually fell. Today is traded at a value of $0.02802.

Looking forward to next year, the prices of TRON are certainly higher, as the project is growing. According to the prediction by Wallet Investor, It forecasts that a $0.05-$0.08 price can be predicted in mid-2021 and that a high increase in the price from $0.21-$0.30 is forecast by the end of December 2021. The prices will remain pretty much the same through 2020. Analysts are predicting that if the bull move happened somewhere at the end of 2020, the prices are expected to exceed above $0.34-$0.41.

TRX’s price will boost in 2020 according to the TradingBeasts price forecast. The present TRX coin rate is $0.02802, but TRON could average $0.0427285 by the end of 2022. But the prediction is very stable for the coming years, and the TRX exchange rate is expected to range from $0.0464246 to $0.0483635.

The price boosting will continue for the year 2024. According to their predictions, the prices are forecasted to be in the range of $0.0653120 to $ 0.0676992. These prediction rates from TradingBeasts are quite straightforward and reasonable.

The price predictions depend upon the rollout of the coin in the market. As more and more investors are willing to accommodate the currency, there are chances that it will become more valuable in the coming years. Talking about investment purposes, TRON is the finest option if you’re looking for long term investment opportunities. The low graph rate is total to the extent that it’s ignorable. The market forecast shows that TRON (TRX) will rise with a long-term investment commitment of 1325.58% over the next 5 years. The coin is predicted to hit a price of $0.54-$0.60 by 2023.

The coin has a larger fan base and supporters who are constantly thriving for the betterment of this TRON (TRX). The founder of TRON himself a crypto enthusiast and believes in continuous innovation of the coin. It might be the best option for long run investments as the group has linked with high profile organizations from all around the world. By the end of 2025, TRON is expected to b traded at a value of $0.76.

In the meantime or next 4 to 5 years, the adoption rate might get higher than the rate today. The accessibility rate might go high as compared to other cryptocurrencies. So by the end of 2030, it is predicted that TRON will reach as high as $1. But this prediction will only be possible if the market will go through a bull or bearish run and how volatile the market is.

The Coinliker forecasting service promises up to $0.55 per token in 5 years which is the most ambitious potential prediction for TRON. TRON is a really good cryptocurrency with tremendous promise growth, according to them. The TRX’s price will grow as the adoption rate will increase.

Released in 2017, TRON is a fairly young crypto coin in the market. The coin has seen many price dynamics since its launch. Here are some facts that we think are reasonable to make decisions for yourself.

TRON is the most stealing and popular digital coin right now. Thankfully, there are some renowned names in the exchange that are supporting TRON. One of the easy ways to buy TRON is through exchange. Binance, Etoro, and Poloniex are some of the big names in the industry.

In terms of the market cap, Binance is leading the way. The exchange offers trading pairs with other renowned crypto coins. You cannot directly buy TRX from the exchange. You have to buy a third party coin and then you can trade that coin with TRX. You can make the transaction with your debit or credit card easily

There are many ways to store your coins. Each way has its own merits and demerits. The type of wallet makes a lot of difference. If you’re planning on making a small investment then mobile wallets will be the best suite for you. But:

If you are planning on holding a large lump sum of money then the best choice is hardware wallets. Hardware wallets provide the best security protocols in the industry. They are never hacked or compromised. The devices are expensive but they are reliable, portable, and provides premium security features.

Considering the long-term investment, it might be possible that TRON will perform much better. The coin has the potential to make a place for itself in the market.

The coming years will be more fluctuating than it ever been for TRON. If we look 10 years form, by 2030 it is expected that TRON will be traded as nearly as $1. The market is volatile right now and it the performing well.

If you’re thinking of investing in digital currencies, TRON might be the best option for you. The coin can be a profitable investment in the long run. And it is expected to reach $1 in the coming years.

If you have known TRON from the begging of its launch, then you must know its evolution of how the currency has performed in the last years. It was the most popular Blockchain project that builds initially build on Ethereum. Launching its Blockchain was the turning point. Soon after the currency started falling and was replaced with new coins such as Tezos and stellar. The coin has a decent future ahead and is expected to grow as we have discussed above. There were some lows in the past but the highs were dominating.

All of this, and still TRON is holding the 20th position on the coinmarketcap. The coin is and always meant to be on the trending list of the crypto market. It is hoped that this trend will bring another bullish to the TRON. Want to add something to the blog? Let’s discuss this in the comment section below.

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Arthur Webb: passionate about how technology can empower people to create a more just and sustainable world.

Tron – Tron – What Is It, History and How to Buy | Fintech Zoom

Tether: What Is It, History and How to Buy

Tether is a blockchain-based cryptocurrency that has its roots in the U.S. It has some controversial history, as it was one of the first cryptocurrencies to peg its value directly to an existing fiat currency. Originally, each Tether token was said to be valued at $1 in U.S. currency, though that backing has since changed. These tokens, which were formally known as “Realcoin,” currently trade under Fintech Zoom USDT. Investing in cryptocurrency has become very popular, and a financial advisor can help you get started.

What Is Tether?

Tether is an open source, peer-to-peer blockchain digital currency. Blockchain allows data to be stored in multiple locations in chronological order. It’s used to protect the system from being overtaken by a single entity. Many cryptocurrencies use blockchain outside of Tether.

Tether is, in theory, tied to a fiat currency, which is the U.S. dollar. As a result, Tether is referred to as a “stablecoin.” This is different from cryptocurrencies like Bitcoin and Ethereum, whose prices fluctuate significantly and whose value is determined on a more speculative basis. That said, a report from CryptoCompare shows that nearly 80% of Bitcoin trading is done in Tether, making it a major source of crypto liquidity.

This type of crypto is designed to be literally tied to the value of the fiat currency that it represents. In other words, each U.S. Tether token is supposed to be worth $1 at all times. However, this has been the subject of some controversy. In 2019, Tether revealed that it wasn’t 100% backed by fiat currency, and that each U.S. Tether token was backed by closer to $0.75.

Currently, there are four Tether stablecoin currencies: USDT (tied to the U.S. dollar), EURT (tied to the Euro), CNHT (tied to the Chinese yuan) and XAUT (tied to one ounce of gold per token).

How to Buy Tether

Like many cryptocurrencies, you can buy Tether through any global exchange, like Kraken, Binance or Kriptomat, for example. Most global cryptocurrency exchanges work similarly. You create an account, fill out your personal information and fund your account using fiat currency. You can then use the funds you deposit to buy cryptocurrencies such as Tether.

Keep in mind that you’ll be buying Tether from a brokerage and not directly from the blockchain. Once you own Tether on a global exchange, you can trade it at its market value or buy more. You may also want to use a cryptocurrency wallet to store your crypto holdings.

You cannot buy fractional shares of Tether, and there is no fixed amount of the cryptocurrency available. Tether also cannot be mined.

Tether History

Tether tokens are issued by Tether Ltd. It was created in 2014 under the name Realcoin, and it rebranded to Tether thereafter. Brock Pierce, Reeve Collins and Craig Sellars are the co-founders of the cryptocurrency, which first launched on the Omni Layer of the Bitcoin blockchain. It began trading in 2015.

The founders launched three types of Tether, each tied to a different fiat currency with each token said to be worth one unit of said currency. Currently, it is the largest stablecoin in terms of market capitalization. It is also a part of other protocols than the Omni Layer of Bitcoin, including Ethereum, bitcoin cash, TRON, EOS and Liquid Network.

Tether hasn’t been without its issues, though. Most notably, in 2019, iFinex Inc., the parent company of Tether Ltd., was accused of trying to cover up an $850 million loss by taking over around $700 million of Tether’s cash reserves and using it to repay investors. It wasn’t clear if there was any wrongdoing, though Tether vehemently denied it in the court filings. According to the company, the money had simply been seized and safeguarded.

In 2017, Tether went through an alleged hacking where over $31 million worth of tokens were stolen. After this event, the company didn’t perform an audit that was designed to ensure it would have enough in reserves. The company even went as far as to fire its audit team, with the issuing of a subpoena coming not long after.

Should I Trade or Sell Tether?

Tether is less volatile than many other cryptocurrencies, simply because it’s directly tied to a fiat currency. So, if you’re thinking of buying or trading Tether, you shouldn’t expect a windfall or the type of volatility you might see from a cryptocurrency like Bitcoin or Dogecoin.

In addition, there are very little speculative elements to Tether, which makes it a relatively safe and stable cryptocurrency investment. Some even consider it akin to buying and holding cash or another foreign currency. If you anticipate large fluctuations in the market for the U.S. dollar or the Euro, for example, this could be a worthwhile investment.

Bottom Line

Tether is a common type of cryptocurrency, making it one of the more recognizable names in the crypto space. Despite a handful of controversies that the currency and its company have run into, it has still proven to be a rather secure and stable cryptocurrency. Again this is mainly due to the fact that it is tied to the value of existing fiat currencies. That means it’s not subject to intense market swings like Bitcoin can be.

Tether is immensely popular and easy to buy on any cryptocurrency exchange. So if you’re interested in getting into the crypto game, this could be a good place to start.

Tips for Investing in Cryptocurrency

Cryptocurrency investments are extremely attractive, but they’re much harder to understand than a simple stock or bond. That’s where a financial advisor who’s familiar with crypto can be an important partner for you and your family. Luckily, finding the right financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors in your area in just five minutes. Get started now.

Whether you’ve been investing in cryptocurrency for years or are just getting started, it pays to be prepared. SmartAsset’s free investment calculator can help you determine what kinds of returns you need to reach your goals.

Where there’s money being made, you’ll likely find Uncle Sam nearby. Investing is no different, and hitting it big on the stock market can lead to sizable taxes if not handled correctly. Use SmartAsset’s capital gains tax calculator to figure out how to minimize your taxes.

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Tron – Tron – What Is It, History and How to Buy | Fintech Zoom Tags: Tron

The number of Tether transactions on the Tron blockchain has surpassed Ethereum’s count for three weeks in a row as fees on Ethereum remain high. Investors and traders move towards the Tron blockchain because transactions cost a fraction of the fees required of trading on Ethereum.

The number of total weekly Tether (USDT) transactions on Ethereum over the last four weeks is approximately 1.5 million. Meanwhile, USDT transactions on Tron have grown from around 900k in mid-December, to over 2 million at the time of writing. 

From the 17th to the 21st January 2021 USDT transactions on Tron grew from 240k to over 310k, which is a 70k increase across 4 days. Conversely, transactions on Ethereum for the same time frame grew from 186k to 214k, which is a 28k increase. Based on the data collected from CoinMetrics both blockchains have seen growth over the same period of time, both Tron’s growth has been much greater.

The average fee for an Ethereum transaction in dollars set a record high of above $19 a week ago but now sits just below $8. The average fee is still well under the all-time peaks of 2020  which was up to $50 or 0,041 ETH at the time of writing for a standard transfer. However, this month gas fees on Ethereum surpassed 0.015 ETH multiple times per data from Blockchair. 

Given these escalating prices, other blockchains have been able to make up ground on Ethereums dominance. It’s quite logical to use Tron as it has a good level of UX, and adoption in the exchange category. But mainly, the cost of transactions on Tron is far cheaper than on Ethereum right now. 

Without a doubt, in 2020 Tron was effectively playing catch up as the DeFi category exploded on Ethereum. Tron built what were effectively copies of the best Ethereum projects and these dapps started to generate substantial activity. As of the end of 2020, there were more than 17,000 unique active wallets within the Tron DeFi ecosystem daily. 

Looking at the top 5 exchange dapps on Tron reveals which dapps play a vital role in the maturing Tron DeFi ecosystem.

The top 5 exchanges on Tron have generated over $42 million in transaction volume in the last 7-days. 

JustSwap, an exchange protocol on Tron for exchanges between TRC20 tokens is the current leader when analyzing 7-day data ranked by transaction volume. JustSwap accumulated over $22 million in transaction volume over the last 7-days.

New entry USWAP has generated over $11 million whilst Poloni DEX, TronTrade and Zethyr Finance combined, contribute approximately $8 million. 

Following the launch of its Uniswap-inspired AMM JustSwap Tron also launched its MakerDAO-inspired JUST dapp. As with MakerDAO, JUST is all about locking collateral into a smart contract and using its value to mint a stablecoin as a loan.

The introduction of these dapps throughout 2020 has certainly helped Tron make up valuable ground on Ethereum. More positive signs for Tron are appearing especially as we observe the number of tether transactions on the Tron blockchain surpassing Ethereum’s count for three weeks in a row. 

High gas fees on Ethereum are directly benefitting Tron and its DeFi ecosystem. Users are looking for cheaper alternatives and for the time being, Tron offers one of the most viable options.  

Tron was created in September 2017 by a Singapore-based non-profit group named the Tron Foundation. It is led by CEO Justin Sun and has a dedicated in-house production team that comprises established technology firms. This essay discusses the Tron network, its service and its Tronix cryptocurrency (TRX).

Tron replicates this business model on a shared blockchain network which functions as a distributed, open storage facility, making it more powerful and cost-effective. It seeks to remove a middleman, like Netflix in the case above, by empowering everyone and everyone to host digital entertainment content on their blockchain-based network. The global viewer will pay directly to the app creators to access the content.

In the meantime, Tron’s free, shared network and distributed storage infrastructure also aims to resolve a big issue-a problem for very small and influential businesses owning the Internet and its content-making it a fair playing field.

Tron is an innovative project that has set several possible targets in the coming years.

Its new product is called Exodus, a free portal perfect for peer-to-peer sharing and content storage. Exodus does not actually use blockchain technology, but uses a special web-based file system protocol that supports a distributed file system. It is expected that this process will remain until December 2018.

The next step, called Odyssey, is expected to take place around January 2019. Odyssey, which would harness the power of blockchain, will include monetary rewards to facilitate the production and sharing of content on Tron.

Imagine listening to a licenced guitar player playing in a street corner. You like the initial melody and you’re going to get closer to listening to the full output. When his act is over, you tip the street artist to see how much you liked his success – or pay him extra to carry on hearing his next gig. Tron’s reward programme could be similar, as you can access the original smaller trailers free of charge or for a limited fee, and only go for full-paid copies if you want previews.

The next two stages, named Great Voyage (mid-2020) and Apollo (mid-2021), are expected to encourage content creators to develop their brands, to be able to produce individual initial coin offerings (ICOs) and even to issue personal tokens. These later phases of Tron would be close to Ethereum-style blockchain-based development frameworks.

Tron also predicts two more phases down the road, Star Trek (mid-2023) and Infinity (late-2025), where players will be able to develop their decentralised gaming and predictive business networks and will also be able to collect funds.

The Tron network uses a blockchain called Tronix (TRX).

You can buy Tronix on exchanges like Liqui and Binance by trading it for other cryptocurrencies like ETH or BTC. Purchase of fiat currencies is actually not feasible. It can be deposited on wallets that endorse the Etherum blockchain including MyEtherWallet.

The content of Tronix may be used by users to pay for the content they wish to use. These coins will either go to the material creator accounts, where they can be traded for other cryptocurrencies, or can be used to pay for blockchain services.

In February 2018, TRX was ranked 15th in the ranking of the biggest cryptocurrencies by market capitalisation.

Tron’s specifically articulated long-term strategy, with date-tagged targets, and the increasing popularity of digital content, with a promise of lower prices, makes it a promising effort in blockchain space. Its hopes are also supported by strong interest from rich and well-established Chinese investors.

With several developers from the Jack Ma-led Alibaba Community joining the Tron Development Team at the end of 2017, there are reports that a collaboration between Tron and Alibaba could be in the works. It will be important to see how Tron grows to fulfil these demands.

Tron – Tron [TRX] Could Endure A Correction Before Its Big Breakout

Tron [TRX] suffered a major setback as it slumped down the crypto ladder. Despite this, the coin had smooth sailing in terms of price.

The global market cap of the crypto market was at a high of $1.46 trillion. Ethereum [ETH] had moved past $200 billion in market cap as Bitcoin [BTC] continued staying above Tesla and Facebook. The rise in the institutional interest in the king coin pumped its price to a high of $47K. While BTC hasn’t moved past this, the community speculated that the coin could pump up to a high of $60K soon. XRP seemed to have tackled the bears induced by the SEC as it was surging over 4% in the last 24-hours.

Dogecoin [DOGE], Uniswap [UNI], Bitcoin SV [BSV], and several others pushed TRX down to the twentieth position. The market cap of the asset was noted at $3.9 billion. At press time, TRX was trading for $0.054 with a 1.28% drop in the last 24-hours.

The one-hour price chart of the altcoin was indicating the presence of the bear. The Parabolic SAR indicator with dotted lines above the candlesticks blocked the chances of an upward breakout in the next couple of hours. The Awesome Oscillator indicator also followed suit and announced bear occupancy in the TRX market. The short term price chart of TRX on Binance had limited activity, the Relative Strength Index indicator pointed out.

The Bollinger Bands indicator used in the one-day price chart of TRX suggested that Justin Sun’s coin was in for an increase in volatility. The MACD line was over the signal line and this crossover was achieved back at the beginning of the month. The MACD indicator hence revealed a bullish sentiment. The Stochastic RSI indicator had almost hit 100 median further reporting that TRX was being overbought.

Tron – Tron [TRX] Could Endure A Correction Before Its Big Breakout Tags: Tron

TRON (CURRENCY:TRX) traded down 3.2% against the dollar during the 1-day period ending at 8:00 AM Eastern on December 30th. During the last week, TRON has traded 1.3% lower against the dollar. TRON has a market cap of $1.94 billion and $1.08 billion worth of TRON was traded on exchanges in the last 24 hours. One TRON coin can currently be bought for $0.0270 or 0.00000097 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

TRON Coin Profile

TRON (CRYPTO:TRX) is a distributed proof-of-stake (dPOS) coin that uses the

Delegated Proof-of-Stake

TRON Coin Trading

TRON can be bought or sold on the following cryptocurrency exchanges:. It is usually not currently possible to buy alternative cryptocurrencies such as TRON directly using US dollars. Investors seeking to acquire TRON should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the aforementioned exchanges.

Tron – Crypto.com coin, Tron, Kusama price Analysis: 28 March

Crypto.com coin could move deeper into red territory if it fails to hold on to $0.2 support. Tron witnessed an upward breakout from a down channel, while Kusama maintained a strong uptrend since the start of 2021.

Bollinger Bands on Crypto.com Coin converged and showed low volatility in the market as the price moved slightly above $0.2. The aforementioned level represented crucial support for the bulls, and failure to maintain it would likely lead to additional losses towards $0.17, another strong region of support.

At the time of writing, the 24-hour trading volumes ticked up and a bearish scenario could be averted over the coming sessions. MACD line was superimposed on the Signal line and represented a balanced market. To target record levels, CRO bulls would look to initiate a rise above $0.248.

A breakout from the upper trendline saw sharp bullish movement on Tron as it negated a down channel on the 4-hour timeframe. The rise also saw Tron move towards its local high of $0.068, a region that witnessed a strong sell-off during the previous rally. With MACD closing in on a bearish crossover, and RSI showing a bearish divergence, the price was in danger of losing out to support at $0.0627.

If the bulls do overcome bearish sentiment and maintain the aforementioned support mark, then a rise above its local high would be on the cards. A boost from the broader market would also enable Tron to break upward on the chart.

A markup phase was evident on Kusama’s 4-hour chart after the price showed a prolonger uptrend since the start to 2021. Year-to-date gains amounted to over 568% as KSM climbed up the crypto-rankings and positioned itself as the world’s 25th largest cryptocurrency with a market cap of $4.1 Billion. Higher highs and fresher record levels were characteristics of a markup phase, and KSM’s price movement showed exactly that over the last few sessions of trade.

RSI pointed north from above 60 and showed strength on the bullish side. However, Awesome Oscillator noted some choppy movement and even registered a red bar at the time of writing. A pullback, although unlikely, would highlight support levels at $458.7 and $420.5.

Tron – Crypto.com coin, Tron, Kusama price Analysis: 28 March Tags: Tron

Bitcoin has soared to fresh all-time highs in recent weeks, breaking $52,000 ATH just a few days ago.

After a long list of celebrities and influentials marching into Bitcoin, on 12th Feb, came actress Lindsay Lohan. She auctioned off an Ethereum-based NFT on digital collectible marketplace Rarible after predicting, “Bitcoin to the moon.”

However, several of her followers and the crypto community have pointed out that Bitcoin is not Ethereum, where her NFT based on. 

Then, after Lohan got the idea, she probably has looked through some public blockchains and DeFi projects other than Ethereum. And she discovered TRON ! “Good job”, said Lohan to the founder of TRON, Justin Sun.

This has raised great attention to the DeFi projects on TRON, giving that Lindsay Lohan has 8.4M followers on Twitter. 

Sun focuses on the DeFi potential of TRON. You can stake to mine and earn $SUN tokens. The lending pools support popular coins USDT, BTC, ETH, as well as TRON-based cryptocurrencies like TRX, JST, SUN, WIN, etc.

(The black spot line indicates the $SUN price)

$SUN price has fluctuated went up by 83.4% in the past 30 days.

JustSwap is the leading exchange protocol on the TRON blockchain for swaps between TRC20 tokens. You can regard it as the Uniswap on TRON.

JustSwap’s 30d volume reached $236.46M increased by 64.66%. The total balance in JustSwap’s smart contracts is 1.04B TRX, worth about $55.89M at the time of writing.

TRON has always positioned itself as an Ethereum competitor. Then how’s TRON DeFi/DEX performance compared to Ethereum’s?

Volume

Ethereum dominates the DeFi market in terms of volume. The 30d volume of Ethereum DeFi hit $72.85B, which accounted for almost 100% of the market share. While TRON only has $14.23M volume in the past 30 days.

Transaction

As for transactions, a total of 1.15M transactions happened on the Ethereum blockchain during the 30d period, accounting for 63.2%. TRON has fewer transactions, 670.97K, accounting for 36.8%.

Active Users

There are 274.97K active Ethereum DeFi users, more than 5 times TRON’s 52.04K users.

Overall Ethereum DeFi has an absolute advantage over TRON DeFi, no matter by volume, transactions, or users.

Ethereum DEX 30d volume $23.75B also dominates the market, with a 99.6% share. TRON’s has only 0.4% of the market share with a $99.85M volume.

However, TRON has taken over Ethereum in terms of transactions. It has 2.87M transactions in the past 30 days, accounting for 76.3% of the total transactions. This is more than 2 times the transactions on Ethereum(891.55K, 23.7%).

What’s more, TRON has attracted 3 times more users than Ethereum. 1.20M users have interacted with decentralized exchanges on TRON, accounting for 73.9%. While only 423.78K users have used Ethereum DEX.

TRON DEX has won over Ethereum DEX considering transactions and active users yet it has far less volume.

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Tron – Tron – bitcoin cash [BCH] Aims For $800 As Bulls Promise Assistance | Fintech Zoom

Tron – bitcoin cash [BCH] Aims For $800 As Bulls Promise Assistance

The entire crypto-verse was beaming in joy after the industry hit a high of $1.71 trillion. bitcoin cash (BCH) had recorded an immaculate growth over the last couple of days. BCH wasn’t the only asset that experienced such a surge as an array of assets like Ethereum (ETH), Binance Coin (BNB) stole the show. BNB climbed on to a third-place with its market cap hitting a high of $30 billion. This was great for the crypto industry as it seems to be making its way to $2 trillion. With Bitcoin accounting for $1 trillion, the total crypto market cap stood at $1.71 trillion, during press time. While all the other prominent coins took a step down, BCH retained its position in the top ten.

bitcoin cash was quite far away from its all-time high of $2,979. Nevertheless, the asset was trying to make its way to $1K. The recent crypto rally proved to be extremely beneficial for almost all the assets, BCH was undoubtedly a member of this list. At the time of writing, BCH was trading for $734 with a 2% rise in the last 24-hours. Throughout the week, BCH managed to score gains up to 25%.

The short-term price chart of BCH revealed that the bulls and the bears were putting up a fight in the market. The Parabolic SAR indicator laid down a line of support below the candlesticks, hindering any potential downfall. The Awesome Oscillator indicator formed red closing bars affirming the presence of the bears. The trading activity in the BCH market was neutral, however a buyers’ sentiment was noted.

The Bollinger Bands indicator used in the one-day price chart of BCH suggested that the asset was in for an increase in volatility. The MACD indicator formed a bullish crossover and suggested that an increase in the altcoin’s volatility could push its price over $800. The Klinger Oscillator followed the footsteps of the MACD indicator and inclined towards the bulls.

All this bullish sentiment in the BCH market could push the altcoin to a new yearly high.

Tron – Tron – bitcoin cash [BCH] Aims For $800 As Bulls Promise Assistance | Fintech Zoom Tags: Tron

Tron – Tron – Bitcoin [BTC] Bulls Remain Critical Despite The $50K Climb | Fintech Zoom

Tron – Bitcoin [BTC] Bulls Remain Critical Despite The $50K Climb

Bitcoin’s [BTC] price picked up late this weekend as it finally reclaimed the $50,000-mark. Following this, several technical pattern signals flipped bullish as it nears the $1 trillion market cap.

Bitcoin amassed weekly gains of 5.48% received a major boost soon after the US Senate passed the $1.9 trillion stimulus bill on the 7th of March.

After a minor increase of 0.42% over the last, Bitcoin was trading at $50,780. At the time of writing, the crypto-asset recorded a market cap of $940 billion with a 24-hour trading volume of $45 billion.

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Despite coming close to the Bitcoin [BTC] candles, the moving averages continued to hover well below. Furthermore, the gauge between the 50 DMA [Pink] and the 200 DMA [Purple] continued to remain consistent depicting less signs of volatility.

The Fib retracement highlighted several points of resistance and support areas for the crypto-asset.

The Chaikin Money Flow [CMF] remained steady depicting a consistent flow of capital in the BTC market.

The MACD also depicted a potential bullish breakout in the near-term after treading on the negative side for nearly two weeks.

It is important to note that despite the king coin’s sluggish price movement, the pullback has managed to gain significant attention as many institutional and retail investors bought the dip. This was evidenced by the RSI which continued to remain afloat above the 50 median line even after taking plunge below $45K.

It also indicated a sentiment of buying pressure among the investors in the coin market.

As marked by Fib Retracement, the area at around $50,680 at 0.5 Fib remains highly decisive. If the bulls manage to hold this level, upward target for Bitcoin stands at $55,071 at 0.786 Fib, $58,344 at 1 Fib respectively.

Support levels, in case of a market downturn, that can also be targeted were found to be at $48,566 and $43,021 at 0 Fib.

Tron – Tron – Bitcoin [BTC] Bulls Remain Critical Despite The $50K Climb | Fintech Zoom Tags: Tron

NFTs have been catapulted beyond the confines of the cryptocurrency community and are now also leaving their mark on mainstream consciousness. These blockchain-based tokens that can be used to easily verify authenticity and represent ownership of practically any asset are being embraced by creators of all types, with applications in art and collectibles currently having the most traction.

While Ethereum has had a head-start as the leading NFT platform, the competition isn’t sleeping. And given the costs of using Ethereum at the moment, it’s hard to imagine a better time for other blockchain platforms to make their case. 

A technical specification for TRC-721, a standard for NFTs on the TRON blockchain, has been made publicly available just a few days ago. As TRON gets ready to kickstart its own NFT ecosystem, American actress Lindsay Lohan has announced that she will be launching an exclusive NFT on TRON. 

Lohan has already been active in the NFT space, auctioning off several artworks on Rarible starting in February. She says that NFTs are playing a key role in the entertainment industry acknowledging the potential of cryptocurrency. As for her upcoming TRON NFT launch, Lohan stated:

"The whole world has been keen to learn more about the NFT space. I couldn’t be happier to be a part of this revolution, helping to bridge the gap between creators and content admirers. I’m also really excited to be jumping on board with Justin Sun, Founder of TRON, on Clubhouse to further discuss NFTs and the launch of my artwork. Be sure to catch our fun-filled and informative session."

Lohan will be joining TRON founder Justin Sun on a Clubhouse session starting on March 18, 10:30 PM PST, where they will reveal more about her TRON-based NFT. 

Justin Sun also has first-hand experience with NFTs – he was one of the highest bidders for Beeple’s "The First 5000 Days", an NFT that sold for $69.3 million at a Christie’s auction. Unfortunately for Sun, he was outbid in the last seconds of the auction.

Reef Finance, a multi-chain DeFi platform, has recently announced a strategic partnership with Tron. Reef Finance is a cross-chain DeFi platform offering intelligent liquidity aggregators and yield generation engines. Following the partnership, it is observed that Tron is willing to break into the decentralized finance (DeFi) sector, whereas Reef Finance is planning to build its DeFi ecosystem. On the other side, Tron’s integration is expected to offer direct access to its dApps and TRC-20 tokens to the users of the DeFi platform. However, it is known that the partnership will lead the first-ever launch of multi-chain DeFi platform on Tron (TRX).

According to the official release, Reef Finance, a platform aggregating the most profitable liquidity usage strategy, has entered in a strategic partnership. The cross-chain DeFi platform is built on the Polkadot ecosystem and develops AI-driven personalized yield liquidity farming strategies. Reef aims to collaborate with all the most prominent players of the DeFi sector to offer curated yield opportunities on leading decentralized platforms under one roof.

Within the framework of the latest partnership, DeFi applications and smart contracts of Tron are expected to be available directly from Reef’s platform. Indeed, the cross-chain operating system will be empowered by the functionality of TRX. According to Denko Mancheski, the chief executive officer of Reef Finance, the latest partnership is an extension of the platform’s effort to collaborate with the most prominent DeFi sector players.

Although Tron is a centralized public blockchain, it has not much exposure to mainstream DeFi. Tron has directly funded its leading projects to help the ecosystem get into a decentralized finance world. However, TRX is undoubtedly looking for a more mainstream DeFi partnership. On the other hand, due to scaling issues and high gas fees on Ethereum, DeFi users are already searching for other alternative blockchains. Indeed, the ongoing scaling issues on the Ethereum blockchain network have caused Tether (USDT) to see significant growth in popularity on Tron’s network. The fact also outpaced the dollar-pegged stablecoin transactions on the ETH network. Despite the centralized nature, TRX can offer a viable option to save transaction fees. 

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Blockchain-based casino Playza has launched on the TRON network. Playza offers a fair and transparent online gaming experience for crypto users in eligible jurisdictions, with a range of traditional casino games available. There will be no sign-ups, withdrawals or deposits and no forms to fill out.

At launch, Playza will exclusively support TRON and TRX tokens for deposits, though plans are in place to support further digital assets – including ETH and EOS – in the months ahead. 

Users are free to play slots, roulette, and a selection of other popular betting games by connecting to the platform via TRONLink, the most popular crypto wallet for TRON users.

By interacting with Playza, players can cut the middleman out of the equation and act as their very own custodian. The launch of a comprehensive decentralized gambling platform eliminates the need for users to complete invasive forms or verify their identity: all they need to do is connect TRONLink, fund an account, and start gaming. 

Although there is no native Playza token, the platform intends to distribute dividends to the most active players for 10% of the total revenue accrued. The casino does not have minimum/maximum deposit limits for any of its featured games, and all deposits and withdrawals are processed instantaneously.

“We at Playza are excited to provide the gambling and crypto communities the most restriction free experience ever imagined! Using cutting edge TRONLink technology, we put the user in the driver’s seat, controlling every aspect of their balance and play from their personal wallets to our games” said Billy Nguyen, chief operating officer at Playza.

TRON has garnered a reputation as “Las Vegas on the blockchain” due to the number of gambling dApps under its umbrella. Applications such as TronVegas, Limitless, and Rocket Game give users the opportunity to place wagers in cryptocurrency, and to withdraw funds directly to their digital wallet.

The launch of Playza on TRON feeds into the latter’s goal of constructing a global digital content entertainment system on its highly scalable network. Playza’s team intends to realize the full potential of decentralized gaming and continue to make the platform fair, decentralized and robust to everyone.

About Tron

TRON is dedicated to accelerating and the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by Justin Sun, the company launched its mainnet and Virtual Machine the following year and has since acquired BitTorrent, a pioneer in decentralized services boasting approximately 100 million monthly active users.

About Playza

Playza is a TRON based blockchain platform with no middle, fees or sign up functions. The platform supports transparent odds and betting protocols and caters to everyones. Users can play directly from their own wallet as there are no deposits or withdrawals to any entity, but rather users act as their own custodian and focus on the actual games.

Disclaimer: This article is a paid post and must not be considered as news/advice. 

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Anjali is currently pursuing her Masters, specializing in Mass communication, and journalism. As a crypto-journalist, her interests lie in blockchain technology adoption across emerging economies.