Tron network deposits drop to 6-month low as TRX price rallies — Trouble in paradise?
Tron’s total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates.
Related Posts
Google Cloud's Web3 portal launch sparks debate in crypto industry
Google Cloud recently launched a Web3 portal with testnet tools, blockchain datasets, and learning resources for developers, receiving mixed reactions from the crypto industry.
Walmart Joins Hyperledger Alongside 7 Other Companies
Walmart has become the latest major conglomerate to join open-source blockchain consortium Hyperledger. Walmart is among eight new members to join the platform. The new members were announced on March 3 at the Hyperledger Global Forum 2020 in Phoenix, Arizona.Sanjay Radhakrishnan, the vice president of Walmart Global Tech, expressed excitement in joining the platform, stating:“We've…
The chicken or the egg: Why NFTs could be fungible after all
Among the many offshoots produced as a bi-product of the ongoing cryptocurrency experiment, nonfungible tokens have turned out to be one of the most explosive. In a few short months, over half a billion dollars worth of NFTs changed hands, as celebrities (from lists A to Z) clamored to profit from crypto’s latest craze.But amid…
World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months
The world’s largest pension fund posted a first-quarter loss of $165 billion, which is equivalent to the Bitcoin’s entire market capitalization. 1535 Total views 46 Total shares The biggest pension fund in the world lost $164.7 billion in the first quarter of 2020. This is equivalent to the entire market capitalization for Bitcoin (BTC).Bitcoin didn’t…
Ravencoin Community Clash Over Mining Algorithm Continues
The Ravencoin community continues to argue over what mining algorithm the project should adopt in the future to best deter ASICs, despite Ravencoin conducting a hard fork intended to bolster ASIC-resistance just five months ago.Tron Black, Ravencoin’s lead developer, posted an update on Feb. 18 stating that “work is ongoing to test various alternative algos…
Ethereum futures and options data reflect investors’ growing confidence in ETH price
The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022. Ether/USD price index, 2-day. Source: TradingViewFrom one side, traders are relieved that Ether is trading…
Unprofitable Miners Already Leaving Bitcoin Network Ahead of BTC Halving
The halving is just a few hours away — and many miners are already shutting their soon-to-be unprofitable rigs, says Poolin VP Alejandro De La Torre. With the halving scheduled to happen in just under four hours, unprofitable miners have already begun shutting down their equipment, vice president at major mining pool Poolin Alejandro De…
Top-5 Crypto Performers: ETC, IOTA, ADA, TRX, XLM
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Facebook’s Libra continues to face resistance as central banks, regulators…