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Showing posts with the label crypto market news

TRON Cryptocurrency Surges with USDD Launch - 10 April 2023

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  TRON (TRX) CRYPTOCURRENCY SURGES PRIOR TO THE LAUNCH OF USDD TOMORROW . TRON (TRX) cryptocurrency is outperforming most other cryptocurrencies, including Bitcoin, with a 10% increase in value since yesterday and nearly 25% over the past week. It has also entered the Top 20 most crucial cryptocurrencies, currently ranked 20th. The main reason behind this surge is the upcoming launch of the USDD or “Decentralized USD,” which claims to be the “most decentralized stablecoin in human history” and will be launched on the TRON network tomorrow. Additionally, TRON plans to create a decentralized reserve, generating hype and benefiting the cryptocurrency. On the technical side, TRON’s chart shows a positive signal today as it crossed its 200-day moving average, which it has been below since the end of 2021. The MM200 days are the first support near the current price of $0.07616. The first resistance zone to consider is the psychological threshold of $0.08000 coupled with the March 31 high...

Dogecoin Surges 30% Amidst Bullish Narrative - Capital Street FX

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  DOGECOIN PRICE ANALYSIS: DOGE IS BULLISH CATALYZED BY ELON MUSK’S TWITTER PLANS . Dogecoin (DOGE), the largest meme coin in the cryptocurrency space, has recorded over 30 earnings over the last month, witnessing a huge shaft in Goliath deals to hit the loftiest volume of the time alongside address exertion.   Recent developments have served as a catalyst, fueling a bullish narrative for DOGE holders. At the time of jotting, the meme-inspired commemorative was trading at$0.09, up9.2 in a week but around1.2 lower than its price on the last day.   Especially, the meme coin’s price has been susceptible to Elon Musk’s conduct and statements, including an October price soar after Musk completed his Twitter deal.  numerous in the crypto space are enraptured following the news of Twitter CEO Elon Musk advancing with the payment rollouts on the giant social media platform. especially, the tech billionaire wants the “ first and foremost ” payment system to be in ed...

The price of Bitcoin crossed the $25,000 - Capital Street FX

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  BITCOIN CROSSES $25K The market cap of Bitcoin, the world’s largest cryptocurrency, was around $481 billion, with a dominance of about 42.56%, an increase of 0.30% over the day, according to Coin markets. The global cryptocurrency market cap was trading higher around $1.13 trillion, rising 1.09% in the last 24 hours. The total volume in DeFi is currently $7.57 billion, 12.20% of the total crypto market 24-hour volume. The volume of all stablecoins is now $55.01 billion, which is 88.73% of the total crypto market 24-hour volume. Ahead of the release of the FOMC minutes on Wednesday, the cryptocurrency market was trading higher on Tuesday. Ethereum (ETH) rose over 0.62% to $1,700, whereas Bitcoin (BTC) was above the $25,000 level. BTC volume in the last 24 hours stood at approximately $27.52 billion, falling 4.37% in the last 24 hours. READ THE FULL  ARTICLE HERE