Bullish sentiment for TRX rises as the TRON Foundation challenges the SEC lawsuit. The TRON Foundation, overseeing the TRON network, moves to dismiss a lawsuit by the US Securities and Exchange Commission (SEC), asserting overreach of the regulator’s global authority. TRON defends its TRX token sales, arguing they were conducted solely overseas without US involvement. […]
Tron, the blockchain platform renowned for its dynamic ecosystem and decentralized applications, has reached an unprecedented milestone in fee revenue generation. Recent data from Tronscan reveals that on February 20th, the platform’s fee revenue skyrocketed to an all-time high of $1.758 million. This remarkable surge in revenue is attributed to the fees imposed on transactions […]
Trial turbulence delays settlements and market uncertainty. Justin Sun’s trial delay in the Southern District of New York, centered on alleged TRON (TRX) fraud and market manipulation, has been extended for the third time. The reinstatement of the TRON Foundation, dissolved previously, adds complexity to the case. The SEC’s lawsuit implicates Sun, SouljaBoy, and Austin […]
As 2024 approaches, Tron (TRX) is geared up for a momentous year in the cryptocurrency space. There is excitement about the impending announcements of innovative projects and key alliances, which increases the likelihood that TRX will surpass $0.4125. Crypto fans’ lively debates emphasize TRX’s potential. Given the volatility of the market, seasoned investors proceed cautiously […]
TRON is struggling to break up $0.090 resistance level TRON Price Analysis – 04 October The price of TRON may increase to $0.094 and $0.097 levels when the buyers’ momentum breaks through the $0.090 resistance level. If the price of TRON drops below the $0.085 barrier level and sellers continue to be interested, the support […]
Bearish reversal envisaged in TRON market TRON Price Analysis – 20 September The price of TRON may increase to $0.090 and $0.094 levels when the buyers’ momentum breaks through the $0.085 resistance level. If the price of TRON drops below the $0.082 barrier level and sellers continue to be interested, the support levels of $0.081 […]
Sellers gain more momentum in TRON market TRON Price Analysis – 30 August When the buyers’ momentum surpasses the $0.077 resistance level, the price of TRON may rise to $0.079 and $0.081 levels. The support levels of $0.072 and $0.070 may be breached if the price of cryptocurrency declines past the $0.074 barrier level and […]
Bears’ momentum increases in TRON market TRONPrice Analysis – 09 August When the sellers’ momentum surpasses the $0.074 support level, the price of TRON could fall to $0.072 and $0.070 levels. The $0.079 and $0.081 resistance levels might be broken if the price of Crypto increases past the $0.077 barrier level and buyers remain engaged. […]
TRON is experiencing a 12% weekly decline in its price, prompting its founder, Justin Sun, to address concerns around Huobi exchange’s solvency. Speculation concerning Huobi’s financial health has raised doubts concerning its capacity to fulfil USDT obligations. Alarmingly, crypto analyst Adam Cochran suggests that Huobi may be heading towards insolvency, as its liquid assets reportedly […]
