Tron (TRX) Price Jumps 5% And Showing Early Signs of A Fresh Rally

Tron price formed a strong support base above $0.0150 against the US Dollar. TRX is currently up over 5% and it seems like the bulls are aiming a larger rally in the near term. Tron price is gaining traction and it is trading nicely above $0.0168 against the US dollar. The price traded to a new weekly high at $0.0177 and it is showing positive signs. There was a break above a connecting bearish trend line with resistance near $0.0168 on the 4-hours chart of the TRX/USD pair (data source…

TRX in Trouble? Binance Moves $300M Tether From Tron to Ethereum

On June 29, Tether announced a sizable swap of USDT from the Tron blockchain to the Ethereum protocol. Tether explained that the amount of USDT in circulation would remain the same, meaning that USDT (TRC-20) will be burned and the same number of tokens will be issued on Ethereum. Tether makes use of several blockchains to host the circulating supply of USDT, which allows users to bypass congestion in a certain chain if the need arises. This system also makes USDT use easier for users invested in a certain platform…

TRX Ledger Live Integration a Mutual Decision, Tron Says

Tron described its recent listing on Ledger wallet’s Ledger Live software as a move for both parties to continue the expansion of the crypto space.   “It was in our mutual interest, to further develop and promote the crypto ecosystem,” a Tron representative told Cointelegraph. “The rapid growth in the crypto and blockchain space is evident and the users demand more functions and creative solutions to advance the security, usability, and all-in-one stop.” The addition gives users more options Tron recently saw its proof-of-stake TRX coin added to Ledger Live, the desktop…

Bitcoin & Crypto Market Signaling Downsides: BCH, XLM, EOS, TRX Analysis

The total crypto market cap is declining and it is below the $185.0B support. Bitcoin price is struggling to climb above $7,300 and it might decline below $7,000. BCH price is testing the $200 support and it could continue to slide. EOS price failed to stay above $2.600 and it is likely moving towards $2.500. Stellar (XLM) price is now well below $0.0455 and it is showing bearish signs. Tron (TRX) price is likely to break the key $0.0130 support in the near term. Bitcoin (BTC) and the crypto market…