Tron Inc has aggressively accumulated 1.2 million TRX tokens in June, increasing its total holdings to over 700.4 million TRX despite the token trading lower around $0.31. This buying effort occurs amid sustained bearish pressure and a declining price trend, as TRX remains in a descending channel since late May. The network still shows positive Daily Net Inflows of about $6.9 million, indicating ongoing investor interest. While technical indicators suggest continued downside risk, Tron Inc's accumulation could help stabilize prices and support a potential recovery if buying momentum continues.
The crypto market is experiencing a generally positive session with the CoinMarketCap 20 Index up nearly 1% for the day and 3.5% over the week, despite being down over 30% year-to-date. Bitcoin trades around $64,278, showing modest daily gains but re...
Bitcoin and Ethereum posted solid daily gains, with Bitcoin up 2.21% to $64,054.40 and Ethereum rising 2.57% to $1,684.08. This rally is driven by increased dominance of these large-cap cryptocurrencies, signaling investor preference for quality and ...
Bitcoin rose about 1% to near $63,700 on June 12, recovering from a recent dip below $60,000 amid signs of easing U.S.-Iran tensions. The de-escalation reduced fears of rising oil prices and inflation, which had pressured risk assets including crypto...
Bitcoin is trading near $63,000 after a dip to $59,000, close to its realized price support of $53,600, with demand dropping sharply, especially from spot ETFs. Institutional buying pressure is waning, and investors have realized significant losses r...
Bitcoin rose 1.6% to $63,550 following President Trump's announcement of nearing peace with Iran, easing market fears and boosting cryptocurrencies and equities. SpaceX launched its historic IPO on Nasdaq, raising $75 billion and reaching a $1.78 tri...
