Cryptocurrency TRON ranks 8 place by market capitalization. The price of TRX has decreased by 19.00% from the maximum value on 4 December 2024. Today the price for 1 TRX is 0.3496 USD. Yesterday the rate was 0.3493 USD for 1 TRON. TRX/USD traded in the range of 0.3494 – 0.3497. The difference compared to the previous day was 0.09%.
USDH, Hyperliquid’s ambitious but tragically short-lived stablecoin, is being phased out after just seven months. It’s like the crypto version of a one-season Netflix show-gone before you even got attached.
Grove, a company specializing in blockchain-based credit, announced a new service on Thursday that lets investors quickly convert their holdings in funds that deal with real-world assets (like property or commodities) into stablecoins. They’re starting with the ability to provide up to $1 billion in liquidity each day.
Ah, the irony! Turnkey, a child of former Coinbase Custody apparatchiks, Bryce Ferguson and Jack Kearney, has convinced the likes of Bain Capital Crypto, Lightspeed Faction, and Galaxy Ventures to part with their rubles. $30 million here, $15 million there-soon, even the most hardened capitalist begins to resemble a generous comrade.
Introduced with great fanfare in 2025, BitMEX’s Copy Trading feature allows the uninitiated to mimic the moves of their supposed superiors. And for the truly contrarian, the Reverse Copy function permits one to bet against these very same luminaries. A stroke of genius, no doubt, though one wonders if it is wisdom or madness that drives such innovation. Also available is the copying of Hyperliquid traders, a feature that promises “advanced profit opportunities” within the safety of the BitMEX platform. Safety, of course, being a relative term in this wild west of finance.
CoinGecko monitors over 17,000 different cryptocurrencies, including well-known ones like Bitcoin and Ethereum, as well as newer types like DeFi tokens, AI projects, and even meme coins. With so many options, it’s important for CoinGecko to keep everything organized.
In a recent missive on the ever-chattering platform X, the on-chain analytics firm Santiment-those modern-day oracles of the blockchain-has deigned to inform us of the latest trend among the mid-to-large holders of XRP. The “Supply Distribution,” a metric as dry as a witless socialite’s humor, reveals the number of wallets belonging to this esteemed cohort. Addresses, you see, are grouped by the number of tokens they cradle in their digital bosoms. The 1 to 10 coins group, for instance, is but a plebeian affair, while the 10,000+ coins group is the true arena of the audacious.
Solana’s price is currently at a key point, and traders are seeing if it can bounce back and rise above $100.
The recent sale comes after two reports this week showed rising inflation in the US, which is being fueled by the conflict between the US and Iran.
As a researcher in this space, my recent conversations with U.S. banks and financial firms, as detailed in a new Moody’s report, suggest a broad consensus that tokenization will ultimately become integrated into the financial system. However, there’s still a lot of debate about *when* exactly that will happen and how quickly adoption will progress.
Nikhil Kamath proposed using stablecoins backed by gold to unlock the value of the significant amount of gold Indian families own and earn returns on it. He cautioned that relying heavily on stablecoins backed by the US dollar could be risky for India in the future. He commended the Modi government and financial regulators for not giving in to pressure to prioritize dollar-backed stablecoins, and highlighted the strength of India’s UPI payment system.
