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Don’t Party Tron Believers, For the Crypto is Still Bearish

The Tron (TRX) market stepped into light on Wednesday as investors’ confident in the cryptocurrency returned. The world’s twelfth biggest blockchain asset posted two consecutively sessions in green until Thursday. Ahead of the close, the TRX/BTC exchange rate had established 247 sats as its intraday peak, up 14.88 percent from its local swing low, shows…

Tron Analysis: TRX/BTC is DAMN BEARISH

Tron is growing weaker against the world’s first and foremost cryptocurrency bitcoin. The TRX-to-BTC exchange rate this week has extended its bearish bias by falling another 7.72 percent this Wednesday. The pair established a fresh lower low towards the 251 sats level, bring its total month-to-date returns to a negated 18.33 percent, according to data…

Tron Weaker in Dollar Markets, Better against Bitcoin

The price of Tron (TRX) has plunged by more than 4 percent in the last 24 hours, according to CoinStats’ cryptocurrency portfolio management tracker. The TRX/USD pair on Monday dropped to an intraday low of $0.032 before attempting a pullback. The move downhill extended the pair’s weekly loss to 10.79 percent, hinting that traders looked…

Tron (TRX) Beaten by Stronger Bitcoin Sentiment

A healthy bitcoin market is not good for Tron (TRX), proves the past 24 hours. The world’s eleventh largest cryptocurrency market capitalization is appearing weaker against its top contender. The TRX/BTC exchange rate is down more than 16 percent on Wednesday to 282 sats. At the beginning of this month, the pair was trading at…

Here’s Why Tron (TRX) Could Surge Higher in Coming Days

The Tron (TRX) price is already up by more than 40 percent in June. And there is a possibility that it could rise even further. The latest bullish call comes in the wake of the Tron Foundation’s decision to buy back $20 million worth of TRX tokens. The plan, as of now, stands unconfirmed but…

Bullish TRX News: New York Startup to Launch Stablecoin on Tron

A New York-based FinTech startup is launching a stablecoin on the Tron blockchain. Dubbed as Carbon, the firm is into developing user-friendly payment solutions for the blockchain sector. It decided to launch a TRXD stablecoin, a digital currency backed by a stable fiat currency, mainly the US dollar, to enable the use of modernized tokens…