Category: Cryptocurrency News

TRON trading volume has shed a trickle at around 3%. There has been an uptrend movement seen before it recently declined. While the TRON bulls are desperately trying to hold on and support the price, the bears have been doing the heavy lifting so TRX needs to work double and get more buyers to boost the price. The bulls did an excellent job pushing the price of the TRX/BTC pair from a lower low that registered at $0.06613 to $0.06715 but investors still need to time the market before they go full swing. As of this writing, TRX was trading at $0.065623, up 2.5% in the last seven days. Suggested Reading | Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions TRX Market Cap Up 0.43% Over The Last 24 Hours TRX has only gained around 0.43% in terms of market cap overnight. The coin currently has a trading volume capped at 434 million and a market capitalization of 6.4 billion which rounded up a 4% loss in the past 24 hours. The short-term analysis has shown an upside or tilting movement but has somehow flattened as the bears have been increasingly on the dominant side. On the brighter side, the MACD indicator reveals a strong buying signal as the buyers are rushing back to the market. The coin’s RSI also skyrocketed as seen in the hourly price chart as it glides above 50. The Bollinger band cloud appears to be still and isn’t lifting any finger. The TRX price showed a dip of 7% in the past six days which is a cause of concern for some investors. However, the hourly price chart shows some hope with the bulls going back to supporting coin pumping up the possibility of an uptrend movement. TRX total market cap at $6.05 billion on the daily chart | Source: TradingView.com TRX TVL Grows A Decent 47% On July 23, the TRON network announced vital network developments that happened from July 16 to July 22. Currently, with its recent update, the TRON network is recognized as second in rank among the top blockchains in terms of transaction volume. TRX currently has processed over 3.5 billion total transactions since its launch. Additionally, USDD, TRON’s stablecoin was also recently launched on the Arbitrum. On July 20, TRON also revealed its collaboration with WeFund. From July 16 to July 22, TRX declined in social dominance by 2% which is very minor but TRX social volume also spiked by 22% which is very significant. The total value locked (TVL) of TRX has grown tremendously since the first week of July. To date, the network’s TVL has ballooned exponentially by 47%. Suggested Reading | Cardano (ADA), After 35% Spike, Locks On Next Target: $0.55 Featured image from Invezz, chart from TradingView.com

E-commerce has become an essential part of our daily lives, redefining commercial activities worldwide. Internet penetration has done wonders for the industry and contributed to its growth significantly. The global e-commerce industry was valued at $13 trillion in 2021 and is expected to reach $55.6 trillion by 2027. The Asia-Pacific nations account for more than 70% of all e-commerce activities. For example, China alone contributes $740 billion in e-commerce sales, while the United States accounts for more than $560 billion. This multi-trillion-dollar sector is now evolving to its next level, thanks to innovations in Web3. To this end, traditional e-commerce organizations are beginning to recognize the potential of technologies like blockchain and crypto. While blockchain provides secure and reliable infrastructure,   cryptocurrencies introduce novel financial aspects and opportunities. And with these factors combined, we are now witnessing the rise of a new commercial paradigm, namely crypto commerce. Crypto Commerce: The New Word in Town Crypto commerce refers to buying and selling goods or services online using cryptocurrencies. C-commerce platforms are blockchain-based and thus support cryptocurrency transactions. However, unlike traditional e-commerce platforms that accept crypto payments, c-commerce provides additional crypto-based utility. It also incentivizes or rewards users for purchasing and referrals. The most distinctive feature of c-commerce is that it simultaneously benefits consumers and platforms. This is mainly due to the speed, cost-efficiency, and global accessibility of blockchain transactions. Moreover, users can easily create secure and cryptographically verifiable digital identities. And most interestingly, customers can earn by shopping in c-commerce. C-commerce also helps businesses scale better and faster. Its borderless nature lets merchants expand their outreach and scope for innovation. Additionally, crypto payments minimize chargeback frauds since transactions on the blockchain are tamper-proof and irreversible. Platforms like Shopify are thus accepting crypto payments nowadays, while blockchain-native cCommerce platforms show much potential. The Rise of Utility-Driven C-commerce Startups The e-commerce industry has been around for more than a decade, whereas the crypto revolution has only just begun. However, emerging startups are taking crypto seriously and developing utility-driven c-commerce stores. Exeno, for example, is one blockchain-based startup building a spectrum of a crypto-commerce ecosystem. The platform is a shopping marketplace powered by its native exeno coin ($EXN). It features a wide range of products that customers can purchase using their favorite cryptocurrencies and payment gateways, besides offering an immersive user experience. Moreover, it is one of the first to provide complementary features such as ID management, messaging, and bridges. The Future of E-commerce is on the Blockchain The transition from traditional e-commerce firms to blockchain-enabled ones has already begun. Blockchain technology significantly enhances e-commerce enterprises’ security, productivity, and transparency. This will enhance the user experience, allowing e-commerce platforms to attract new consumers while retaining existing ones. Furthermore, this may aid platforms in increasing revenue and consumer satisfaction. The nature of blockchain and the utility of cryptocurrencies have the potential to create a multi-trillion-dollar opportunity for e-commerce platforms. With the crypto market gradually becoming more prominent, e-commerce may transition to c-commerce. It’s merely time before people witness the new Web3 Amazon.    

This needs your awareness. I created what I thought was a good thread regarding my discontent with all of the changes that Crypto com had made, and noticed that my thread had to be approved by the mods. Unusual, but ok. Fast forward a couple of hours and it has been removed. They didn't like…
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The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State Regulator Warns About Crypto Interest-Bearing Accounts The Arizona Corporation Commission issued an investor alert […]

I've been reading a lot about the switch to proof of stake recently and almost every article mentions emission, scaling and security. Regarding emission, I strongly doubt that that was a very big topic when the switch to proof of stake was first introduced in 2014/2015. (Feel free to correct me). So I'm quite confident…
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most of you know that Ethereum will merge with the beacon network next month to become proof of stake, I was wondering how would the developers do that? Do they control 51% of the miners or is the Blockchain not really decentralized? Who have the permission to do such things to the network? submitted…
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PRESS RELEASE. CryptoDATA Tech was announced as the title sponsor of the Austrian Grand Prix in 2022, 2023, and 2024. CryptoDATA Tech will take top billing at the Red Bull Ring – Spielberg, which will be officially named the CryptoDATA Motorrad Grand Prix von Österreich, and will sponsor one of the most talented MotoGP™ riders, […]

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Cryptocurrencies can be a good alternative to conventional settlement processes because they are underpinned by blockchain technology which enables the instant finalization of transactions without the involvement of intermediaries, a new report has said. Some players in the cross-border money transfer industry perceive the blockchain and cryptocurrencies as technologies that can enhance remittance processes. Cryptocurrencies […]