Cryptocurrency TRON ranks 10 place by market capitalization. The price of TRX has decreased by 21.49% from the maximum value on 4 December 2024. Today the price for 1 TRX is 0.2848 USD. Yesterday the rate was 0.2797 USD for 1 TRON. TRX/USD traded in the range of 0.2848 – 0.2850. The difference compared to the previous day was 1.82%.
A sneaky little accounting rule has thrust the U.S. Treasury into the spotlight, and no, it’s not because they’ve finally figured out how to categorize Bitcoin. 📝 Market analysts are buzzing about how this dormant gold valuation could shake up financial conditions, though honestly, it sounds more like a plot twist in a bad heist movie.
Oh, what a show! The man who brought you Cardano now unveils Midnight Protocol with the flair of a street magician pulling rabbits from a top hat. 🎩✨ He calls it a “common privacy layer” – because apparently blockchains these days share more than just transaction histories. The platform aims to cradle Bitcoin and XRP Ledger in its cryptographic embrace, because nothing says “adoption” like forcing frenemies to hold hands.
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On that fateful December 26th, USX on Solana, once the Waldo of reliability, spiraled into a Kafkaesque dive to $0.10 in the secondary markets. All thanks to liquidity, that Barney of finance, vanishing like a magician’s rabbit. 🎩🐇
So, the Sonic gang had a little strategy makeover after their bigwigs took a long, hard look at their past decisions and realized the market was moodier than Mark Darcy on a Monday. 😏 The CEO dropped a public statement, basically saying, “Yeah, we’re hitting pause on this ETF business.” 🎤
Recently, a certain market quant, Burak Kesmeci, took to the X platform to illuminate the plight of Bitcoin’s most anxious investors. His analysis centers on the STH MVRV (Market Value to Realized Value) metric, which, much like a well-meaning friend, attempts to inform investors whether they’re basking in profits or drowning in losses.
Meme coins are now the market’s canaries in the coal mine-whimperin’ when the air turns toxic. Bitcoin’s feeble attempts to rally are like a toddler trying to push a boulder uphill. Ether’s draggin’ its feet so hard, it’s a wonder it hasn’t left skid marks. 🚶♂️📉
Remember October? When Bitcoin hit $126,080 and the world briefly believed in fairy tales? ETFs were flowing like vodka at a Gorky novel, regulations smiled like a corrupt bureaucrat, and on-chain activity buzzed like a factory floor. But, comrades, the party didn’t last. Macro disappointments, leverage wipeouts, and whales dumping like a peasant’s cart overturned-BTC tumbled back to the $80,000-$90,000 range by December. Capitalism, eh? 🤑💔
Meanwhile, the altcoins are having their own little drama. Ethereum is trying to flirt with $2,900 again, but it’s looking a bit shy. And XRP? Oh dear, it’s sliding down to $1.85, clearly not winning any popularity contests. 🙈
In an annual report by the jestful CoinGlass, the tumultuous act of forced liquidations reached a staggering sum of approximately $150 billion. On a day-to-day basis, the sordid affair averaged out to somewhere between $400 and $500 million, a ludicrous routine coined as “leverage washing.” Most trading floors, perhaps begrudgingly, limped through with liquidations numbering merely in the tens and hundreds of millions, barely causing a ripple in the Bitcoin seas and the grand crypto empire.
