TRX Soars 15% In Last 5 Days – Is This Enough To Recoup Investors’ Losses?
Tron (TRX) has eclipsed its past performance and has been up 15% in the last five days. The TRX/BTC pair registers an increase of 0.28% at 0.000002895 BTC. The token is now sweeping through an uptrend wave as seen in the daily price chart. There is an obvious power struggle between the bulls and the bears which impacted the price but it seems neither was able to pull off a riveting dominance in the market. It helped that Bitcoin (BTC) did some heavy lifting as its price briefly soared above the 24K price zone which also propelled the entire market up. Tron Still Grappling With Losses TRX....
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Despite the market condition, top currencies, Bitcoin and Ethereum, struggle to regain their values. On the other hand, some altcoins, AR, and NMR are showing a significant gain charm over 14-days. Since the Fed Reserve decided to raise interest rates and the May inflation report, Bitcoin has been floating in a small zone between $19,000 and $20,000. Thus, it is difficult for it to recover any significant upward pace. Related Reading | Solana (SOL) Stuck Below $33 In Past Days As Bearish Pressure Still Intact Bitcoin, the most valuable cryptocurrency, has dropped more than 70% in....
Solana continues to paint its charts in red, registering declines on its intraday, weekly, biweekly, monthly and year-to-date price metrics. Solana loses over 7% of its value over the last seven days SOL’s extended bearish movement will likely pull the asset below $25 Solana’s current TVL is less than a billion The crypto has already lost 89.3% of its November 6, 2021 all-time high (ATH) of $259.96 and is currently trading at $27.81 according to tracking from Coingecko at the time of this writing. Over the last seven days, the altcoin dropped by 7.4%. On a 14-day period, Solana declined by....
The general startup success is very low - 90% of them fail in the first 3 years. The two major reasons for failure cited by CB Insights are not establishing a real market need (42%) and running out of cash (29%). Every day, a new blockchain startup is born as more and more entrepreneurs connect the dots as to the significance of this emergent technology to affect almost every industry. Investors’ Angel was founded in 2015 specifically to help startups prepare themselves to raise investment including companies like Vaultoro (Bitcoin/gold trading platform), BioSSL (a biometric security....
Data from Glassnode shows more than $7 billion in Bitcoin losses was realized within three consecutive days, the most in the history of the crypto. Highest Ever Bitcoin Loss Realization Took Place During The Last Few Days Latest on-chain data released by Glassnode shows BTC investors took a heavy amount of losses in the past […]
When the algorithmic-stablecoin project failed, Terra investors worldwide lost billions of dollars. But a new token was distributed as compensation, “Luna 2.0”. As a result, they could recoup a small portion of their losses. Unfortunately, India’s investors aren’t as fortunate due to new tax laws that came into force in April. People who received the […]