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Search Results for: Tron

Crypto Market Back to Trillion With Patron’s Help

The market cap has risen from $908 billion to $1 trillion in less than a week. BTC holds the market dominance with 41.7% occupancy. The market capitalization of the crypto market rose again above $1 trillion after more than a  week. The last time the market cap stayed within the

July 8, 2022 2 mins read

TRON Breaks 100M Users Record On Its 4th Anniversary, Hiring Amid Crypto Winter

TRON user accounts have reached 100,048,526, officially breaking the 100 million ceiling, according to data from the blockchain browser TRONSCAN, as of June 25. On the same day, TRON Mainnet celebrated its 4-year anniversary since network independence.  Launched in May 2018, the mainnet of TRON is one of the three

June 29, 2022 3 mins read

Crypto Finance to support Tron Blockchain and its native Token

Zurich, Switzerland, 15th June, 2022, Chainwire TRON, one of the largest and most popular public blockchains, has announced that TRX will be supported by Crypto Finance. More TRON-based tokens are expected to be added in the near future. As part of Deutsche Börse and licensed by the Swiss Financial Market

June 15, 2022 3 mins read

TRON’s Stablecoin USDD Fails To Maintain $1 Parity, Trading at $0.97

This week, $2 billion was injected into Binance to combat the negative shorting rate. Wednesday saw the USD tumble below its one-dollar trough, tumbling as low as $0.955. Justin Sun, the founder of the Tron Foundation, has become more optimistic about the USDD, but the community is not. The Decentralized

June 15, 2022 1 min read

TRON DAO Reserve Receives 700M USDC to Defend USDD Peg

During Monday’s turmoil, the USDD stablecoin dropped slightly to $0.977 per unit. Tron DAO Reserve had to deploy money to protect the $1 parity. In light of Terra UST’s demise and the present state of the crypto market, many have turned their attention to USDD, a Tron-based algorithmic stablecoin. USDD

June 14, 2022 2 mins read

Thetanuts Finance Launches Stronghold Index Vaults in DeFi

An index vault that provides non-inflationary returns and risk management has been launched by the ThetaNuts Finance platform that streamlines the process of options trading. The launch of the ThetaNuts Stronghold index vault was announced today. By depositing their assets directly into DeFi Option Vaults, Thetanuts Stronghold allows consumers to

June 7, 2022 2 mins read

Justin Sun Backs Over Collaterization of TRON USDD Stablecoin

There was a 218 percent collateralization ratio as of Monday. TDR’s homepage displays $787 million in Bitcoin, Tether, and Tron’s TRX reserves. As TerraUSD ran into problems, Tron, which released the USDD algorithmic stablecoin last month, hopes to avoid the same issues with its own currency. According to the data

June 6, 2022 2 mins read

TRON Defies Bearish Market Phase to Outperform Almost Entire Crypto Market

In November of last year, the global cryptocurrency market was valued at $3 trillion; now, it is valued at $1.2 trillion. Cryptocurrency prices have traded in red for a long time, with most digital currencies losing double digits for a prolonged time. TRON is one of the few cryptocurrencies that

June 3, 2022 4 mins read