TRON (TRX) prices have jumped by over 24% since the U.S. Federal Reserve raised the interest rates by 75 basis points. Meanwhile, the TRON blockchain has also gained the support of Crypto finance, an ...
Tag: TRON
Tron DAO Reserve pulls 2.5 billion TRX from Binance as USDD slips further from peg
The Tron DAO Reserve plans to withdraw 2.5 billion tron (TRX) tokens, worth about $125 million, from the Binance exchange as it attempts to prop up the price of its USDD stablecoin against the US doll...
Bitcoin, Binance Coin, Polkadot, and Tron Daily Price Analyses – 16 June Morning Price Prediction
The global crypto market’s problems haven’t come to an end. Instead, Bitcoin and other coins have continued to fluctuate. The result of these changes has been depreciation which has hit the investors ...
TRON Price shoots 30% in an attempt to recover, what’s next for $TRX?
This crypto market crash is a harsh one for the entire crypto community. Many people are abandoning their crypto positions and waiting for the end of the downtrend. However, this crash was like no oth...
Tron [TRX] traders can consider these levels before making an exit
The global crypto market cap fell below the $1 trillion level post the market-wide drawdowns. Without a surprise, the crypto fear and greed index gauged the sentiment to be in the extreme fear zone as...
Tron Initiates Steady Recovery; Should You Buy Trx Now?
USDD stablecoin of TRON has been under pressure as the shorting percentage has spiked due to the current turmoil in the crypto market. The founder of TRON, Justin Sun, tweeted the announcement that sh...
TRON DAO Reserve Withdraws 2.5 Billion TRX From Binance to Safeguard USDD Peg
The last thing Justin Sun – founder of TRON – would like to see is the UST-Terra fiasco being repeated again on his stablecoin project USDD. The confident founder, who had vowed the lost peg of the st...
TRON Price Analysis- Falling TRX Price Threatens To Break $0.05 Support
Published 15 hours ago The TRON-USDD stablecoin plummeted to the $0.97 mark, intensified the selling pressure amid the recent crypto crash. Thus, the TRX price falling for seven consecutive days refle...
2.5 Billion TRX Removed from Binance by Tron to Prevent USDD De-Peg
In a recent tweet, TRON DAO Reserve, which manages stablecoin USDD, says it is withdrawing 2.5 billion TRX out of Binance to “safeguard the overall blockchain industry and crypto market.” ...
Tron Falls Sharply As Sun Scrambles To Save Stablecoin
Tron price momentum faded over the weekend, and the price has dropped by more than 40% since then. The cryptocurrency is presently having difficulty gaining traction. Tron Falls AS USDD Depegs TRX ha...
South Korean Exchange Issues Warning on Tron and Waves’ Stablecoins
South Korea’s largest domestic crypto exchange has sounded the alarm over the de-pegging of Tron’s USDD and Waves’ Neutrino USDN stablecoins. Upbit exchange said: “At the moment, there is a situation ...
Tron Collapses by 20% Daily as USDD Drifts Away From Peg
Tron lost its momentum over the weekend, and since then, it has crashed by over 40%. The cryptocurrency now struggles to find support. Key Support levels: $0.050, $0.040 Key Resistance levels: $0.057,...
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 exp...
Tron DAO Purchases $50M Worth of Bitcoin and TRX To Safeguard Blockchain Industry & Crypto Market
In an announcement, Tron DAO reserve, an organization that oversees the USDD’s reserves, reveals that it has purchased Bitcoin(BTC) and Tron(TRX) worth $50 million. Tron made the announcement in a twe...
TronDao To Withdraw 2.5B TRX From Binance, Will Justin Sun Be Able To Save Tron & Protect USDD From De-Pegging
– Advertisement – TronDAO Deploys More Collateral As USDD Stablecoin Is Increasingly Pressured To De-Peg and Tron (TRX) is feeling the heat of stable coin depegging. TRON and TronDao are t...
Decoding the Possibility of USDD Dropping More, How Tron DAO Is Set To Protect
TRON’s freshly introduced USDD algorithmic stablecoin has already encountered difficulties. It wasn’t long ago that the crypto market saw the demise of a crypto asset. This crash was influenced by Ter...
Tron DAO Reserve adds another 500 million USDC to help USDD stablecoin peg
Tron DAO bought another $500 million worth of the stablecoin USDC on Tuesday to further expand its reserve assets pool and salvage confidence in its algorithmic stablecoin called Decentralized USD (US...
After Terra’s collapse the Tron stablecoin trembles
On Monday USDD, the stablecoin behind the Tron project, lost its peg with the dollar, slipping as low as 0.91 cents and fuelling speculation about the entire project. USDD, Tron’s stablecoin, loses pe...
「TRON DAO Reserve」、USDD担保に5億USDCを追加購入
TRON DAOが新たに5億USDC購入 「TRON DAO Reserve」が新たに5億USDC（約677億円）を購入し、「USDD（Decentralized USD）」の担保比率を310%まで増やしたことが6月14日分かった。なお記事執筆時点で「USDD」の担保比率は315%まで上昇している。 「TRON DAO Reserve」は、米ドルステーブルコイン「USDD」の準備金を運用するDAO...
What TRON DAO is doing to defend the peg of USDD stablecoin given its fall to $0.97?
The newly launched USDD algorithmic stablecoin of TRON network started facing hobbling situations already It’s not been long since the crypto market experienced the collapse of a crypto asset in...
Tron Defends Ecosystem with Another $700 Million as USDD Stablecoin Drops Slightly Beneath $1
TRON DAO Reserve, which oversees stablecoin USDD, said that it had increased the 650 million USDC supply on Tron to a current $2.5 billion. It says it did this to “safeguard the overall blockcha...
Tron (TRX) Risks Breaking Down From 826-Day Ascending Support Line
Tron (TRX) has been decreasing since the end of May, but further accelerated its rate of descent last week. It is possible that the decrease is occurring as a result of the de-pegging of USDD, which h...
TRON DAO Reserve Receives 700M USDC to Defend USDT Peg
5 hours ago | 2 mins read Altcoin News 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 Terr...
South Korean Exchange Upbit Warns Users About Tron Fluctuation After USDD De-Peg
– Advertisement – South Korean crypto trading platforms are no longer taking chances after the Terra incident. A lot of lessons were learned following the de-peg of TerraUSD (UST), the al...
Tron Founder Justin Sun Announces Plan To Deploy $2,000,000,000 To Defend USDD Peg As Crypto Markets Plummet
Tron (TRX) founder Justin Sun says the Tron DAO Reserve will deploy $2 billion to defend the Decentralized USD (USDD) peg. Sun recently unveiled his plan to keep TRX and stablecoin USDD from collapsin...
Tron Adds $50M Worth of Bitcoin and TRX to Its USDD Reserves
The Tron DAO Reserve will work towards offering strong support to USDD. Tron is one of the largest Decentralized Autonomous Organizations (DAO) in the world. USDD is the algorithmic stable coin manage...
Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves
Tron DAO Reserve, which manages algorithmic stablecoin USDD, said on Saturday that it had bought $50 million worth of Bitcoin (BTC) and Tron (TRX). The purchase was announced in a tweet saying it was ...
TRON Deploys $700 Mln To Support USDD Stablecoin
Despite initially outperforming amid the recent crash, TRON (TRX) prices have dropped by over 16% in the last 24 hours. In order to defend and build support, Justin Sun, TRON head has planned to deplo...
Just In: TRON’s USDD Stablecoin Has Just Lost Its USD Peg, TRON DAO Injects $700M To Recover
– Advertisement – USDD has experienced a slight de-peg but TronDAO reserve will deploy $2 billion to support a re-peg. The crypto market is opening the week on a bad footing. The markets...
Tron DAO Reserve Buys $50M BTC, TRX
Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to “safeguard the overall blockchain industry and crypto market.” Tron DAO Reserve man...
What next for TRON [TRX] after its freefall of 16.3% in just 24 hours
The current state of the cryptocurrency market can be best described as a frenzy, with tokens surviving with bare minimum price movements. However, that doesn’t seem to be the case with Tron [TRX], es...
「TRON DAO Reserve」、67億円相当のBTCとTRX購入 | あたらしい経済
TRON DAOが約67億円相当のBTCとTRX購入 「TRON DAO Reserve」が、5000万ドル（約67億円）相当のビットコイン（BTC）とトロン（TRX）を購入したことが6月11日分かった。「TRON DAO Reserve」は、米ドルステーブルコイン「USDD（Decentralized USD）」の準備金を運用するDAO（自律分散型組織）だ。 「USDD」...