Justin Sun, Tron's founder, accumulates $300 million worth of Ethereum in 10 days. His purchases coincide with a surge in Ethereum investments by other whales. Despite brief price spike to $3,000, ETH retraces; bullish outlook hinges on potential SEC approval for spot Ethereum ETFs.
Huang BoCircle discontinues support for USDC on Tron blockchain, citing trust and safety concerns. Immediate halt in USDC minting on Tron; retail users urged to transition to other networks. Decision follows scrutiny over Circle's ties to Tron founder amid legal actions.
EdmundTether's recent $1 billion minting on the Tron blockchain signals aggressive expansion, sparking discussions about its strategic reserves for future use. Amidst a $96 billion market cap, Tether faces potential challenges from traditional financial institutions, with regulatory uncertainties tied to the upcoming 2024 U.S. presidential election adding a layer of complexity to the crypto landscape.
JoyJustin Sun's legal battles continue with repeated trial delays, raising questions about the ultimate resolution of the SEC's allegations against him.
BerniceTron (TRX) is emerging as a leader in global cryptocurrency payments, with Messari analysts predicting its dominance in 2024. The report highlights TRON DAO's rise, attracting users in developing countries due to its dual role as a store of value and efficient payment method. The platform's robust structure and 6 billion transactions showcase its leading position, with users transitioning from traditional stablecoins to USDT for its efficiency within TRON DAO.
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