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 0.2843 USD. Yesterday the rate was 0.2882 USD for 1 TRON. TRX/USD traded in the range of 0.2842 – 0.2844. The difference compared to the previous day was -1.35%.
JPMorgan Chase & Co. is reportedly “exploring” crypto trading for institutions. Because nothing says innovation like a 200-year-old bank jumping into a market it mocked a decade ago. How avant-garde!
And now, a rather startling communiqué from Bloomberg: JPMorgan, that bastion of sensible banking presided over by the ever-sceptical Jamie Dimon, is considering a foray into allowing its institutional clients to dabble in the crypto shenanigans. Honestly, the thought!
Asset tokenization is emerging as a structural shift in digital finance as institutional participation deepens, with growth expectations far exceeding its current footprint. Grayscale Investments released its 2026 Digital Asset Outlook last week, identifying asset tokenization as reaching an inflection point and projecting the sector could expand by roughly 1,000 times by 2030 as it becomes more integrated into global capital markets. 🧠📈
Meanwhile, Bitcoin’s mysterious liaison with gold-once a cozy marriage-cracks apart faster than a sour pickle at a banquet. The correlation, which used to be positive-think of it as the cryptic’s version of a steady romance-has now turned sour, plummeting into the negative abyss. Now, instead of dancing together in harmony, BTC and gold are doing their own wild salsa, each in different directions, leaving us all dizzy. 💃🕺
The pullback has been so brutal, it’s like the market watched History of the World, Part I and decided to rewrite the script-63% of Q2-Q3 gains? Gone! Poof! Like a fart in the wind. 💨
But let us peer into the crystal ball of on-chain data, where CryptoQuant’s Net Unrealized Profit/Loss (NUPL) indicator reveals a curious tale. At 0.22, it whispers that the average ETH holder sits on gains as modest as a peasant’s supper. Neither euphoria nor panic reigns-only a cautious optimism, like a cat eyeing a fishbowl. The market, it seems, is stuck in a parlor game of “will it or won’t it?” 🧐
Niels, that sly fox, has drawn his chalk on the board, revealing a Double Bottom formation that’s as predictable as a sunrise. The price, a stubborn mule, has bucked twice from the same low, like a man spitting into the wind. But the market, oh the market, is a fickle lover, and the analysts are all but betting on a comeback. 🧭📈
BlackRock named its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) one of the top three investment themes for 2025, a striking move given bitcoin’s slide this year. Because who needs stability when you can have drama? 🥁
2019, March 2020, late 2022-all saw Western selling theatrics met with Asiatic stoicism, culminating in rallies so predictable they’d make a stock ticker blush. 📈