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 0.2841 USD. Yesterday the rate was 0.2816 USD for 1 TRON. TRX/USD traded in the range of 0.2836 – 0.2841. The difference compared to the previous day was 0.89%.
Ah, the saga of Bitbns and its disgruntled patrons! The Delhi High Court, with a wave of its gavel, has declared itself a mere spectator in this crypto drama. “We are but humble interpreters of the law,” the judges seemed to sigh, “and this private exchange, alas, is no state affair.” Thus, the investors, like characters in a Pasternakian novel, are cast into the cold, bureaucratic winds of civil and criminal courts.
It adds to a growing list of losses since the company first built its ETH position. All together, the firm has now lost about $83 million from its original investment. Congrats, you’re now a professional loser.
In their freshly baked research report, CoinShares chirps that the quantum boogeymen are still napping in their digital cribs. Only a teeny-tiny 8% of Bitcoin, a mere 10,200 BTC, is currently at risk of being snatched by these sleepy giants. And even if they were to wake up, breaking into these vaults would require quantum computers 100,000 times more powerful than the ones we have today. Good luck with that, tech wizards!
Compared to its recent doldrums, the volume of payments has leapt by 400%, a feat as sudden as a sneeze in a silent library. Yet, let us not be too hasty in our applause. The price, ever the skeptic, remains unmoved, lingering in its broader downtrend like a guest who refuses to leave the party. The network hums with activity, but the market, it seems, is still nursing its hangover from the last crash.
Behold the Ethereum price chart, a canvas of despair. Below the 50, 100, and 200-day EMAs it slumps, a fallen aristocrat. Lower highs, lower lows-a ballet of despair. The RSI, that fickle harbinger, teeters near oversold, yet refuses its bullish embrace. MACD and AO, those dour sentinels, remain mired in bearish gloom. The trend, my dear reader, is as clear as a Moscow winter: downward, ever downward.
Ah, Bitcoin, that fickle creature. It soared like a rocket ahead of President Donald Trump’s State of the Union address, adding over $2,000 in mere hours. A sight to behold, no? Yet, our old friend Peter Schiff, the eternal Bitcoin skeptic, suggests this surge might be short-lived.
So, here we are, stuck in this descending channel pattern like a bad Tinder date. It’s slightly downward, which is about as uplifting as a Monday morning. But hey, when it breaks, it’s more likely to go up than down. Hooray? Maybe the bulls will finally get their moment and take a swing at the $69k resistance level. Because, let’s be honest, who doesn’t love a good $69 joke?
In this theater of volatility, where macro uncertainty plays the role of a mischievous jester, ETF flows reveal the whims of institutional capital. Are they but fleeting affections, or the makings of a grand romance? Only time shall tell.
Sam Bankman-Fried, currently enjoying the scenic delights of federal prison (think: less “luxury suite” and more “concrete poetry”), has decided to treat the Trump administration to a game of “Can You Hear Me Now?” regarding clemency. The White House, known for its clarity and decisiveness, has once again demonstrated these traits by saying “no” with such vigor it could power a small country. Legal concerns, reputational hazards, and the lingering smell of burnt crypto bread all contributed to this decision.
In a 41-page legal opus filed in the U.S. District Court for the Northern District of California (Case No. 3:26-cv-00857), Bao and his merry band of co-defendants are accused of pulling off a grand-scale pump-and-dump gambit tied to the Cere Network token-a venture that smells more of hokum than innovation.
