Ether options volume hints at bearish sentiment as the $1,850 support falters.
Web3 interoperability highlighted in Radix – LayerZero partnership
Web3 interoperability integration between Radix and LayerZero, launching in the second half of 2023, enables cross-chain communication and asset transfers, unlocking omnichain functionality for DApps and assets.
BNB Chain issues list of 191 high-risk, untrustworthy DApps and fake tokens
BNB Chain’s proactive alert does not represent the risk level of the underlying DApp project. Instead, it is aimed at helping users in their research before making investment decisions.
A ‘Super App’ May Be Web3’s Super Power
3 key Ethereum price metrics cast doubt on the strength of ETH’s recent rally
ETH’s price is showing strength, but network and derivatives data suggest that ETH will struggle to hold the $1,850 price level.
Celo Foundation and Google Cloud partner to support sustainable Web3 startups
The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Google’s mobile development platform, Firebase.
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera said the March 9 smart contract exploit has not impacted the network or its consensus layer.
‘CryptoGPT’ Twitter accounts spring up as hashtag trends on Twitter
Dozens of Twitter accounts have emerged on the social media platform claiming to be related to “CryptoGPT.”
NEAR protocol releases blockchain operating system for Web3
Cointelegraph interviewed the protocol team at ETHDenver 2023 about the new operating system and funds raised to help Ukrainians last year.
GameFi analytics help blockchain gamers sift through crypto games
How and where to get analytics on the emerging projects in the GameFi space.
In Creating Better Web3 Experiences, Developers Must Anticipate Regulatory Scrutiny
Web3 developers will need to integrate the solutions to both technical and regulatory hurdles as they continue to build accessible and streamlined Web3 dapps.
How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action
Despite similar price action, Fantom and Optimism ecosystems are moving in opposite directions and this is reflected in each token’s price.
Coinbase launches its own Ethereum Layer 2 network for building decentralized apps
The network, known as Base, is designed to be a low-cost, secure, and developer-friendly environment that Coinbase said will serve as a bridge to bring users into the crypto economy.
We’re Responsible for Web3 User Journeys; It’s Time to Make Them Completely Self-Custodial
Crypto needs better entry (and exit) points.
Gamers made up nearly half of all blockchain activity in January: DappRadar Report
A new report from DappRadar revealed that during the first month of 2023, blockchain gaming made up 48% of all DApp activity.
ConsenSys eyes Web3 notification service refinement with Hal acquisition
The acquisition will allow ConsenSys’ Web3 API provider Infura to integrate Hal’s configurable webhooks or notification service in its developer stack.
Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?
As per technical data, the FTM market has turned overbought after rallying 230% in five weeks, with the coin’s momentum slowing down compared to the price boom.
NFT sales topped 101 million in 2022: DappRadar report
A recent report from DappRadar revealed that over the last year, NFT and gaming-centered decentralized applications rivaled DeFi DApps on many major blockchains.
TRON Snags No. 2 Spot In TVL As Revenue Spikes Amid Bear Market Pressure
According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space.
TRON’s TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed.
- TRON chief executive to extend help to FTX and SBF
- TRX price spikes by 1.52%
- TRX remains robust in terms of trades
A lot of people are now keeping an eye on TRON, and wondering whether it can hold on to its ranking and recuperate especially following its recent sharp decline.
The network has always championed its quest for further decentralization. In fact, in comparison to other crypto assets, TRX has made significant progress over a short span of time.
TRX Price In The Green, Up 11% In Last Week
According to CoinMarketCap, TRX’s price has increased by 11% in the last seven days, and trading at $0.05744 as of writing.
Noticeably, many investors are worried about their crypto investments, especially with the crypto crash that happened just recently.
TRON CEO, Justin Sun, disclosed that he would extend some help to both FTX and its former CEO, Sam Bankman-Fried so the crypto exchange can recover.
This recent statement by Sun is quite controversial and has put the network on a bad light. More so, this caused investors to hesitate with the crypto especially as it shows support for the disgraced crypto company.
Meanwhile, TRX is said to lead the crypto space in terms of trustworthiness, being an open network. The year 2022 is said to be the token’s best year so far with its price shooting to as much as 2,950%, an all-time high.
In fact, even in the face of an ongoing bear market, TRON remains to be as robust as ever in terms of trades with investors generously funding the network.
FUD Surrounding TRON Still Felt
Recent price activity in TRON (TRX) has been influenced by Bitcoin (BTC) and the activity of the US stock market. On the 11th of January, speculators wagered on reduced U.S. inflation, which boosted cryptocurrency markets and led to a rally on U.S. stock markets.
At the time of publication, the fear, uncertainty and doubt surrounding TRON’s founder Sun and the Huobi exchange can still be felt, which contributed to the negative weighted sentiment regarding TRX.
This demonstrates that the investor had a pessimistic view of the asset going into the transaction. However, this was not enough to stop TRX from surging.
At this point, TRON’s revenue has shown to spike from $509,942 to $637,526 as seen in the previous month. The increase in revenue is said to be triggered by the padding of the number of active wallet addresses on the network which also shows an increase in users by 4.53%.
Overall sentiment for TRON is positive, which could mean that TRX price has the potential to skyrocket in the future.
-Feature image by MEXC Blog