While the month-on-month data is positive, daily network activity on Tron is shrinking.

CoinStats, a prominent platform in cryptocurrency portfolio management, has officially launched full integration with the TRON blockchain. This update is part of CoinStats' mission to enhance user experiences by broadening the range of assets it tracks.

Altcoins is where it's at. Bitcoin may be the best invention since the internet itself, but it cannot compete with the hottest altcoins. Sadly, however, not all altcoins are hot. Tron is cooling down, and the Cardano price is ice cold, leaving investors scrambling to find a token to offset losses.

Crypto custodian BitGo is set to enter the stablecoin market with plans to launch a dollar-backed USDS stablecoin by 2025, according to a Sept. 18 statement.

Tron founder Justin Sun criticized Coinbase, the largest US-based crypto exchange, for not implementing proof-of-reserve (PoR) measures.

Tron founder Justin Sun has once again stressed his demand for a Proof-of-Reserve from Coinbase amid the launch of its new product aka cbBTC in the market. He further questioned that when all exchanges in the industry have implemented Proof-of-Reserve (PoR) why is the exchange saying that it's not feasible?

Justin Sun, TRONs founder, expressed confidence that TRX will rival Bitcoin and Ethereum within two years. Citing TRXs 7,000% growth and USDT integration, Sun believes TRON is on track for top-tier status in the crypto market.

TRX, the native coin of the Tron blockchain, has maintained a downtrend since August 25. Exchanging hands at $0.14 as of this writing, the coin's value has since plummeted by 13%.

Justin Sun boldly predicts TRON (TRX) will crack the top 3 cryptocurrencies within the next 1-2 years.

TRON is poised for remarkable growth, with its founder, Justin Sun, predicting that it will rank alongside Bitcoin and Ethereum as one of the top three cryptos within the next two years. This assertion comes amidst the crypto performance boost, having surged approximately 7,000% in value over the past seven years.

Tron Founder Justin Sun is bullish on his protocol's prospects over key rivals in the ecosystem. In an interview with Altcoin Daily, Sun predicted that TRX will soon become one of the top three digital currencies by market capitalization.

TRON DAO, the decentralized organization behind the TRON blockchain, announced that the newly formed T3 Financial Crime Unit (T3 FCU) task force has already frozen over $12 million in USDT linked to illicit activities. In a Sept.

Whales started taking profits over the weekend, but the bearish momentum seems to have cooled down. According to data provided by IntoTheBlock, the TRON (TRX) large holders' net outflow declined from 141 million to 8.8 million TRX on Sept.

Justin Sun highlights an “exciting next week” for Tron meme coins as SunPump frenzy ensues.

According to recent data from the blockchain intelligence firm IntoTheBlock, the number of long-term holder addresses for TRX has jumped by an impressive 237% over the past year. This dramatic increase highlights growing investor confidence in Tron's long-term prospects and suggests a positive outlook for the network's future.

Sky will begin removing WBTC from its SparkLend platform, with the process starting on September 26 through executive votes.

The BTC price surged 3.2% during the U.S trading session on Friday, nearly retesting the $60000 psychological level. A potential breakout from this resistance could accelerate the ongoing recovery and drive a rally to $70000.

Tron (TRX) has gained a lot of momentum this year, with its market cap surging and long-term holders growing too.

Despite the bullish market outlook, the Tron price plunged 2.17% to $0.148 during the Friday trading session. While the bearish momentum signals prolonged correction, the TRX price holds a healthy retracement level at $0.145 amid whale accumulation to signal a potential upswing.

TL;DR Sky proposes to withdraw WBTC from its loans and collateral due to risks associated with BitGo's custody of the asset. The recent redistribution of BitGo's multi-sig keys to third parties has raised concerns about the security of the underlying BTC.

Coinbase's cbBTC could significantly boost DeFi activities but raises concerns about centralization and security risks in decentralized finance. The post Coinbase Wrapped Bitcoin hits $100M market cap appeared first on Crypto Briefing.

On-chain data shows that Tron long-term holders have increased by 237% in the past year, suggesting a rise in HODLing convictions on the network.

Sky, formerly known as MakerDAO, will implement a multi-step program to unwind WBTC from its Sky Lend and legacy vaults. On October 8, BitGo will transfer custody of the underlying BTC to BitGlobal, raising concerns about counterparty risk.

James Fickel reduces ETH/BTC exposure, swaps 5K ETH for WBTC. Fickel faces $38.5M loss after aggressive ETH/BTC trades.

BitGo, the firm behind WBTC, announced last week that it would become a minority shareholder in its own project, while Justin Sun and BiT Global will be the majority stakeholders.

If approved, the proposal could affect $200 million in DeFi loans within Sky's ecosystem, making it a significant move for the platform.

Sky, formerly MakerDAO, is evaluating the removal of Wrapped Bitcoin from SparkLend over concerns about its ties to Justin Sun.

Tron founder Justin Sun has launched an attack on Coinbase's recently launched variant of wrapped Bitcoin, cbBTC.

The T3 Financial Crime Unit has been established to address the increasing number of financial crimes associated with USDT transactions on the Tron blockchain. As one of the largest stablecoins in the market, USDT has become a prime target for various forms of illegal activity, including scams and fraudulent schemes.

The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”

It was another dull week in the cryptocurrency market as the crypto fear and greed index slipped to the fear zone of 37 while Bitcoin remained in a consolidation phase. Bitcoin was trading below $60,000 while Ethereum fell below $2,500. This article looks at Tron (TRX), VeChain (VET), and Helium (HNT).

Sky is considering a proposal to completely eliminate wrapped Bitcoin from its ecosystem due to concerns over custody and control.

BTC price trajectory has been a subject of intense scrutiny lately, particularly due to recent developments involving a major crypto whale. This whale is on the brink of a significant liquidation event involving Wrapped Bitcoin (WBTC) worth $28 million.

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.

The increase in TRX's long-term holder addresses shows strong investor confidence in the network's future.

Top US-based crypto exchange platform Coinbase is announcing the launch of Coinbase Wrapped Bitcoin (cbBTC), a Bitcoin (BTC)-backed Ethereum (ETH)-based token.

The TRON founder's connection to WBTC has driven interest in alternatives, and Sun is not a fan.

The Cardano (ADA) blockchain has seen a notable rise in transactions since the early September Chang hard fork. The network growth has contributed to a gain in ADA price as the coin has emerged among the top performers in the last 24 hours.

CoinStats, a top cryptocurrency portfolio management platform, has announced the launch of full support for TRON

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase's custody.

Coinbase's launch of its wrapped Bitcoin, cbBTC, on the Base Network, is barely 24 hours old but is already causing some ruckus. Tron founder Justin Sun has a long list of concerns about the new product and has taken X to voice some of them.

Coinbase is moving forward with the launch of cbBTC, an ERC-20 tokenized bitcoin that will go live on Base and other Ethereum ecosystems.

TL;DR Coinbase has launched cbBTC, a new version of Wrapped Bitcoin available on Ethereum and Base since September 12, 2024. cbBTC is an ERC-20 token backed 1:1 by Bitcoin and will be compatible with DEXs like Aerodrome and Curve, as well as lending protocols like Aave and Compound.

Coinbase, one of the largest and most respected cryptocurrency exchange platforms in the world, has recently introduced its version of Wrapped Bitcoin, called cbBTC. This new tool has been developed to bring the potential of Bitcoin into the growing ecosystem of decentralized finance (DeFi) on Ethereum and Base, the Layer 2 blockchain developed by Coinbase.

TRX, the native currency of decentralized blockchain platform TRON, has seen a major bullish development today. While its price has remained steady recently, a trend not seen across the market, TRX is hinting toward another upward trend in the near future.

The Coinbase Wrapped Bitcoin will operate as an ERC20 token backed 1:1 with BTC held by the exchange on behalf of the users.

The broader digital currency ecosystem is recovering as the combined crypto market cap jumped by more than 2.35% to $2.04 trillion. Besides Bitcoin (BTC) and Ethereum, among the major altcoin beneficiaries of this rally are XRP, Dogecoin (DOGE) and Tron (TRX).