Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 12

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The launch of the eagerly awaited platform Bakkt has been postponed a few times, but the firm has continued to focus on building its team. It recently hired a former engineering executive at PayPal and Google as its chief product officer. These appointments show…

Tron (TRX) Cards, Double digit Gains and now Losses, Back to 2.5 Cents?

Tron prices down 12.7 percent Tron dApps activity high Gambling and related betting dApps are driving blockchain and crypto adoption according to a report by dApp tracker. Although most dApps do launch from Ethereum, activity is visible in Tron and EOS. Regardless, TRX is down 10.6 percent after gapping down in the Asian session. Tron Price Analysis Fundamentals Blockchain and cryptocurrency are not only growing, but the tech is maturing. If anything, it appears that last year’s winter did solidify the resolve of developers, platform founders sieving out speculators. The…

Tron Has Fastest Growing DApp User Base, Ethereum Still Developers’ First Choice

A report released on April 9 by DApp (Decentralized Application) analytics website DApp.com reveals that Tron (TRX) has the fastest growing DApp user base while Ethereum’s (ETH) DApp user base is shrinking. On the Ethereum chain, there was a 4 percent decrease in the number of DApp users compared to last year. About 72,422 old users are still using Ethereum-based DApps in 2019. Decentralized Exchanges (DEXs) are responsible for more than half of the ETH DApp transaction volume, followed by gambling apps. Also, gamers were reportedly the most active ETH…

Crypto Market In Corrective Decrease: Bitcoin Cash, Tron (TRX), XLM, ADA Analysis

The total crypto market cap seems to be struggling near the $178.0B resistance area. Stellar (XLM) price corrected lower and traded below the $0.1300 support area. Bitcoin cash price is down around 6% and it may revisit the $280 support level in the near term. Tron (TRX) price is up more than 3% and it is likely to break the $0.0300 resistance area. Cardano (ADA) price is down close to 7% and it seems to be heading towards the $0.0800 support. The crypto market cap is moving lower, with a…

Tron CEO Justin Sun Donates $1.5 Million to Alibaba Co-Founder Jack Ma’s University

Tron and BitTorrent CEO Justin Sun has donated $1.5 million to the Hupan University established by Alibaba’s co-founder Jack Ma, according to a press release shared with Cointelegraph on April 8. The Hupan University was launched in 2015 by Ma in a bid to help entrepreneurs and business owners learn core business skills needed for further development and promotion in the Chinese market. Sun’s contribution will purportedly support the next class of 41 students from 14 industries, with about half representing the Internet sector and half the traditional sector. Commenting…

Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 8

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. After the recent rally from the lows, one indicator has reached overbought levels last seen in Dec. 2017, according to Bloomberg Intelligence analyst Mike McGlone. Historically, such overbought levels have resulted in multi-week downturns and McGlone expects one to start after the recent up-move.…

Tron Announces Sun Network May Launch Date, Reveals Key Phases for DApp Chain

Blockchain-based decentralized application (DApp) platform Tron has revealed the expansion plan of its second layer scalability solution, the Sun Network. According to a release published Monday, April 8, the network’s testnet will launch in late May. The Sun Network expansion plan includes developing DApp sidechains and cross-chain infrastructure. The second layer protocol is expected to increase the overall capacity of Tron’s network, while simultaneously allowing DApps to run with extremely low energy consumption and high security.   During the first phase, which is scheduled to start on May 30, Tron…

Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 5

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Google searches for Bitcoin tripled as its price skyrocketed on Apr. 02. This shows that interest in cryptocurrencies is still high. If prices recover, a large number of traders sitting on the sidelines will jump onto the crypto bandwagon. Though the rebound is…

Tron Dapps Saw $1.6 Billion in Volume in Q1 2019, Driven By Gambling

Gambling is becoming a primary use case for the Tron blockchain, new data shows. Revealed exclusively to CoinDesk by analytics firm Dapp Review, dapps on the tron network facilitated $1.6 billion in activity in the first quarter of 2019, with more than 432,000 estimated users. In total, 64 percent of dapps on the tron network now facilitate gambling, the study said. These days, tron gambling apps range from digital dog racing to a “farm investment game” that promises players up to 100 times their initial token investment. On the strength…

Bitcoin Cash, Tron (TRX), BNB, LTC & EOS Could Continue To Outperform

The total crypto market cap is holding a major support area near the $158.0B level. EOS price is trading nicely above $5.15 and it may climb towards the $5.40 level in the near term. Binance Coin (BNB) seems to be setting up for a break above the $20.00 level. Bitcoin cash price corrected lower after trading close to the $350 resistance. Tron (TRX) price is gaining momentum and it is currently up around 5% to $0.0272. Bitcoin cash, litecoin, tron (TRX), binance coin (BNB) and EOS are setting up the…