Ethereum & Ripple (XRP) Plunged, Tron Led Oct. Index

Twitter Facebook LinkedIn The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October — tron (TRX). Tron’s [Previously] Volatile Nature Tron’s October stability comes as a bit of a surprise for a coin that is often volatile. Earlier this year, Finder.com conducted a study ranking the top fifty…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 29

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. Market data is provided by the HitBTC exchange. Hackers stole 913 bitcoins from Canadian cryptocurrency exchange MapleChange. Though the exchange was small, repeated news of hacks are a major deterrent to the entry of institutional investors into the crypto industry. Responsible for managing large sums of money, traditional financial organizations are unwilling…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 19

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. Retail investors tend to run for cover when the market falls, whereas the professionals get their buy list ready to take advantage of the bargain prices. Though the trading volumes have been falling in the past few months, the merger and acquisition (M&A)…

Blockchain Startup Tron Announces Partnership with Internet Giant Baidu

A blockchain startup aiming to decentralized the internet is shaking hands with the field’s most prominent player. But does it matter? Tron Foundation revealed in its latest tweet that it would be working closely with Baidu, a China-based internet giant, to use their cloud solutions. Far from what seems like an official and detailed press release, today’s announcement nevertheless confirmed to Tron’s October 12 teaser in which it admitted partnering with a giant whose valuation was worth billions of dollars. But to many who responded after Baidu’s name came to…

TRON (TRX) ‘Partnership’ with Baidu has Nothing to do with Blockchain

The TRON (TRX) and Baidu ‘partnership’ all started with a tweet. Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name 😊#TRON #TRX $TRX — Justin Sun (@justinsuntron) October 12, 2018 TRON’s founder, Justin Sun, is notorious for vague ‘pump’ tweets and this one was no different. TRON’s ICO ended at the beginning of Sept 2017, and that’s when the “wait for our next big partnership that’s coming soon” marketing tactic began. In the beginning, it was effective. Sun would post a tweet of this…

Trouble Brew in Cardano as Tron Outperforms other Altcoins

Of all the coins under review, Tron is a top performer adding two percent in the last day. Regardless, sellers are in control. As a result, at spot prices, EOS, Litecoin, Stellar Lumens and Cardano traders should be shorting on every high in lower time frames. Reasonable stops should be at recent highs with first targets in line with our altcoins price analysis. Let’s have a look at these charts: EOS Price Analysis Days after backing use of Credit cards, Jimmy Song, a Bitcoin developer and educator said EOS is…

TRON, Bitcoin, Litecoin, EOS, Cardano

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. 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. On October 11, the total market capitalization of the cryptocurrencies plunged below $200 billion for the first time since September 20, as a global risk-off trade led investors to dump their holdings. However, the encouraging sign is that the sell-off was short-lived and…

TRON to Partner with ‘China’s Google,’ Baidu

The team of cryptocurrency project TRON (TRX) has reportedly partnered with China‘s largest Internet search provider Baidu. Crypto market news service Coinness has claimed this in a tweet Thursday, Oct. 11, citing its private correspondence with TRON’s team. Neither TRON nor Baidu have been able to confirm the partnership to Cointelegraph as of press time. Without specifying the details of the partnership, Coinness has claimed that the deal between TRON and China’s Internet giant Baidu will be “officially” revealed by the cloud storage service Baidu Cloud “next week.” While Coinness…

Tron, Augur Surge 5% Ahead of Upgrades, $5,800 Imminent For Bitcoin?

While Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar. The volume of Bitcoin has failed to recover from the low $3 billion region, down more than 30 percent since late September. Subsequent to falling by around 4 percent from $6,600 to $6,250 within minutes, Bitcoin has struggled to initiate a speedy recovery. $5,800 is Possible Support Throughout the past nine months, even after massive sell-offs, BTC has been able to defend the $6,000 support level relatively…

Tron React to Partnership News as Gemini Supports Litecoin

Overly, bears are in control. Despite the recoveries especially in Tron, Litecoin and EOS, sellers should be actively unloading at spot rate. Tron prices are buoyant because of Justin Sun shills but could crash if the said partnership doesn’t meet the community’s expectations. Furthermore, there are news of Gemini accepting Litecoin deposits beginning today. This is positive for price. Even if trading begins three days later, it could inject extra liquidity from investors keen on regulation and insurance. Let’s have a look at these charts: EOS Price Analysis Often, the…