Tron (TRX) Price Surges Ahead of Mainnet Upgrade

Price of Tron (TRX) on Wednesday entered a positive territory as investors turned slightly bullish on the prospect of its blockchain’s mainnet upgrade. The TRX/USD exchange rate surged around 1.28 percent in the past 24 hours, according to CoinStats cryptocurrency portfolio tracker. As of 2045 GMT, the pair was trading at $0.0333, with its market…

Facebook Cryptocurrency Sends Shivers Across Politicians and Regulators

Not everybody is happy with Calibra, Facebook’s hugely-awaited cryptocurrency platform. Soon after the social media behemoth unveiled the technical paper of its global currency project, it scared a handful of politicians and regulators across the world. Lawmakers from Europe were the first ones to issue stern feedbacks, with French Finance Minister Bruno Le Maire stating…

Bitcoin Cautious ahead of Fed Interest Rate Announcement

The bitcoin market is looking cautious about its next move as speculations over the Federal Reserve’s take interest rate cut looms. The bitcoin-to-dollar exchange rate on Wednesday surged a decent 1.43 percent to establish an intraday high of $9,201 on CoinStats cryptocurrency portfolio tracker app. At the same time, bitcoin’s market valuation rose to as…

Tron (TRX) Price Update: Rise Expected Around Core Upgrade

The Tron (TRX) price has dropped 2.43 percent in the last 24 hours, according to CoinStats, one of the best cryptocurrency portfolio trackers. The TRX-to-dollar exchange rate established an intraday low towards 0.0323, down up to 5.91 percent from the market open. The pair, ahead of the US morning session, attempted a small upside recovery…

Bitcoin Trades Flat as Facebook Unveils Its Libra Blockchain

The uptrend in the bitcoin market has paused following the introduction of Libra, a blockchain-based cryptocurrency unveiled by Facebook. As of 1255 GMT today, the BTC/USD exchange rate was trading at $9,241 on CoinStats’ crypto portfolio management app. That brought the pair more than 3 percent lower from its 2019 top of $9,353. Bitcoin’s upside…

Facebook Releases Whitepaper of Upcoming Payment Service Libra

By Coinstats’ Portfolio Management App: Facebook today released the whitepaper of its upcoming payment service dubbed as Libra. The social media giant stated that Libra will be a non-volatile, blockchain-based cryptocurrency, whose goal will be to bank all the unbanked people across the world. The project, according to the whitepaper, has received support from global…

Bitcoin Price Could Fall Back to $6,500: Market Analyst

Price of bitcoin on Monday established a fresh year-to-date high of $9,281, according to data provided by Coinstats’ coin portfolio management app. The move stretched bitcoin’s year-to-date gains by 155 percent which, as Morgan Creek Capital co-founder Anthony Pompliano called, the end of a bear market. At the same time, Tyler Winklevoss, the co-founder of…

Tron (TRX) Price Update: Justin Sun’s Brainchild Eyeing Strong Recovery

Tron’s TRX coin has surged up 0.68 percent against the dollar in the last 24 hours, according to CoinStats’ cryptocurrency portfolio tracker. The TRX-to-dollar exchange rate on Monday established an intraday high of $0.033, bringing its 7-day gains to 5.26 percent. The move helped the cryptocurrency’s market capitalization balloon from $2.11 billion to $2.18 billion….

Bullish: Binance Introduces Bitcoin-Pegged Token Following US Closure

Binance, the world’s leading cryptocurrency exchange by volume, on Monday announced that its native blockchain would start issuing tokens backed by bitcoin. Dubbed as BTCB, the new token will represent the net amount of bitcoins that Binance would hold in reserves. The exchange confirmed that it would make those reserve addresses public, which would allow…