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 0.2858 USD. Yesterday the rate was 0.2850 USD for 1 TRON. TRX/USD traded in the range of 0.2856 – 0.2858. The difference compared to the previous day was 0.28%.
Enter Paul White-Gold-Eagle (because of course he is), a financial “veteran” who spent a decade in bank operations. He’s here to tell us that his behind-the-scenes access to “the backbone” of banking gives him a perspective mere mortals lack. Because nothing says “genius insight” like knowing where the photocopier is.
A volatility squeeze, that most enigmatic of market phenomena, where price activity slows to a crawl and the specter of direction vanishes, has been wrought by price action compressing into a narrow range. To the untrained eye, this may seem a moment of peace, yet such trances are seldom eternal, for they often herald a tempest of movement, either triumphant or disastrous.
The world’s largest BNB treasury company has lost nearly all of its value. CEA Industries, trading on Nasdaq under the ticker BNC, now sits at $3.88 per share. That is a 95% collapse from its 52-week high of $82.88. For context, that’s like finding out your lottery ticket was a dud after you’ve already bought a second one.
This collapse in transaction activity, which would make even the most stoic of investors weep into their teacups, has revived memories of a similar demand drought last summer. That event, which immediately preceded a 95% rally in Bitcoin, now appears to be the financial equivalent of a magician’s trick-dramatic, but not entirely reliable.
Yet, mes amis, this resurgence may be less a bull market’s waltz and more the final aria of a bearish opera. While the little fish flail about, buying dips like confetti at a funeral, deeper indicators whisper of a weakening rally. A technical pattern looms, ready to snare the unwary like a trapdoor in a Molière farce.
This draft, explicitly non-binding, is less a blueprint and more a drunken sketch from a researcher’s fever dream. Justin Drake, Ethereum’s bard of protocols, called it a “tool to inform R&D,” which sounds like a poet’s way of saying, “We’re winging it.”
By 12:40 p.m. EST on Feb. 26, the markets were in full retreat, like a teenager caught sneaking cookies. The S&P 500 slipped 0.9% to a measly 6,883, the Nasdaq Composite face-planted 1.6% to 22,782, and the Dow Jones Industrial Average lost 0.3%, or about 162 points, landing near 49,320. Wednesday’s rally? A distant memory, like that New Year’s resolution to go to the gym.
On February 26, Timothy Stebbing, the Director of the Dogecoin Foundation, tweeted about his year-long mission to turn Dogecoin into “an asset-backed currency” within the next 2-3 years. How? By introducing the “Fractal Engine,” which, in a nutshell, is a fancy term for a Dogecoin-powered rules engine designed to tokenize real-world assets. The endgame? Well, the grand vision is to eventually migrate all this tokenization onto Dogecoin’s base layer through a few (read: several) protocol upgrades. Ah, the sweet smell of ambition!
As March approaches, the big holders appear to be making their move early.
In a conversation with Kitco News’ Jeremy Szafron, Oliver proclaimed the end of gold’s smooth, sovereign-driven accumulation phase. Since 2022, central banks have been hoarding gold like squirrels with a nut obsession, but now, he warns, the party’s over. Enter phase two: a volatile, credit-crunched circus powered by the U.S. financial system’s mounting stress, private equity’s refinancing roulette, and a Federal Reserve juggling maturity schedules like a clown with too many plates.
