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.

Coinbase recently introduced cbBTC, a wrapped version of Bitcoin designed to integrate with decentralized finance (DeFi) applications on Ethereum and Base networks. This new product aims to expand Bitcoin's utility beyond simple holding or trading, allowing users to participate in various DeFi activities without converting their Bitcoin to other cryptocurrencies.

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.

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.

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.

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.

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).

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

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

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 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).

Projects like DTX Exchange are gaining attention as potential disruptors of the traditional finance ecosystem. With traditional platforms facing high fees and complicated processes, investors and traders are shifting their focus to innovative solutions that offer higher leverage, lower fees, and no KYC requirements.

SunPump, a memecoin launchpad powered by the Tron blockchain, has seen a steep drop in memecoin activity following its initial success.

The T3 FCU will collaborate with law enforcement to uncover and block criminal uses of USDT.

Tether, Tron, and TRM Labs unit to form T3 Financial Crime Unit to curb illicit crypto activities.

Unlock September's top cryptocurrencies projected for substantial gains in our latest investment guide. Explore new opportunities to grow your portfolio while bears are dormant.

Amid a crypto market downturn, TRX, THETA, and XTZ face price challenges, despite positive developments.

Tron, Tether and the blockchain intelligence firm, TRM Labs, appears in the T3 Financial Crime Unit (T3 FCU) that aims to address an increased rate of criminal activities associated with the USDT in the TRON ecosystem.

Ethereum competitors, such as Solana (SOL), Tonoin (TON), Tron (TRX), Cardano (ADA), and SUI, are likely to draw investors' attention as ETH price correction over the past six months. The bearish momentum accelerated as the Ethereum network was attacked by crypto hackers and growing speculation behind CEO Vitalik Buterin selling his holdings.

Amid increased uncertainty in the crypto market, the Tron project has outperformed all the top 20 cryptocurrencies including Bitcoin with a surge of over 20% in the past month. Following this, Tron-based altcoins gained significant attention from the investors resulting in many tokens recording three-digit gains within a short period.

The T3 Financial Crime Unit will work to reduce criminal activity associated with USDT on Tron, collaborating with law enforcement agencies to hold criminals accountable and make victims whole.

The Indonesian crypto exchange Indodax recently suffered a crypto hack, with the exploiter stealing $20 million. Onchain data shows that the hacker has swapped the stolen funds to major crypto assets, including Bitcoin and Ethereum.

TRX's Open Interest has dropped by nearly 50% within two weeks.

NO BYLINE, THANKS Three major players in the crypto space are teaming up to prevent the improper use of USDT, the largest stablecoin by market cap.

Tether, the largest stablecoin issuer, has partnered with Tron, one of the top blockchains, and blockchain intelligence firm TRM Labs to tackle criminal activity involving USDT.

Tether is teaming up with TRM Labs and TRON to form a “T3 Financial Crime Unit” to combat the illicit use of its USDT stablecoin on the TRON blockchain, according to a Sept. 10 statement shared with CryptoSlate.

TRON, stablecoin issuer Tether, and blockchain forensic firm TRM Labs unveiled a strategic partnership on September 10, launching the T3 Financial Crime Unit (FCU) to combat illegal USDT transactions on the TRON blockchain.

TL;DR Tether, TRON and TRM Labs create the T3 Financial Crime Unit (T3 FCU) to combat crypto crimes. The unit has facilitated the freezing of over 12 million USDT linked to fraud and extortion. TRM Labs will provide support in identifying transactions related to illegal activities.

Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin.

The leading stablecoin issuer Tether has teamed up with TRON blockchain and TRM Labs to curb crypto scams. The new collaboration primarily focuses on establishing a new financial crime unit that aims to fight illicit activities involving USDT.

As meme coin launchpad SunPump fails to launch more than 1,000 tokens for the second day in a row, Tron's TRX has fallen out of the top 10.

Tether joins forces with TRON and TRM Labs to bolster the fight against crypto crimes.

Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.

This partnership combines TRM Labs' blockchain intelligence, TRON's technical expertise, and Tether's investigation capabilities. Together, they are making significant strides toward a safer crypto environment.

The collaboration enhances the security of the crypto ecosystem, deterring illicit activities and fostering trust in digital assets. The post TRON, Tether, and TRM Labs unite to launch T3 Financial Crime Unit appeared first on Crypto Briefing.

The T3 Financial Crime Unit (T3 FCU) is looking to clean up USDT issued on Tron, a blockchain favored by bad actors.

In August 2024, TRON DAO experienced remarkable growth across key metrics, as outlined in their latest monthly report. The blockchain saw a rise in revenue, increased trading volume, and consistent total value locked (TVL), making it one of the most active networks in the crypto space.

TRON, Tether, and TRM Labs have launched the T3 Financial Crime Unit to collaborate on combating illicit activity related to USDT on the TRON blockchain.

Bitcoin (BTC) is inching towards the $57,000 mark after registering an almost 4% increase over the past 24 hours. BTC bulls are trying to push the price back inside the range, indicating that markets have rejected the current breakdown.