Why did Huobi Token surge at the news of this proposed token launch?
Justin Sun announced the proposed launch of the Dominican Currency on the Tron Blockchain. The price of HT saw an over 13% increase at the announcement of the news. On 29 November, Justin Sun, the creator of the Tron Blockchain, provided an update regarding introducing a new token. The price of the Huobi Token (HT) […]
HUSD loses $1-peg amid reports of Tron’s Justin Sun taking over Huobi Global
Days after Huobi Global announced the delisting of HUSD from its platform, the stablecoin has seen a decline in its price, leading to a significant slip in its $1 parity. HUSD tanks by 23% in a day Data from CoinMarketCap revealed that the stablecoin has tanked by more than 20% over the last 24 hours. […]
Just-In: Justin Sun Reveals Reason Behind $236 Million USDC Cash Out
Tron founder Justin Sun clears rumors surrounding massive transactions through his accounts in recent weeks. He said the rumors of cashing out USDC are false and the transactions with Circle are only internal fund sorting and allocation. Justin Sun remains highly bullish on crypto and blockchain, as well as looks to increase hiring. Justin Sun: The post Just-In: Justin Sun Reveals Reason Behind $236 Million USDC Cash Out appeared first on CoinGape.
Just-In: Justin Sun Pulls Out Millions Of USDT From Aave Pool
Justin Sun, founder of Tron recently took over as an advisor to the Huobi crypto exchange, has been spotted moving millions of USDT tokens. Data suggests that Sun has moved these millions of USDT, a stable to his wallet amid increasing volatile market conditions. Is Justin Sun planning anything new? PeckShieldAlert reported that the address The post Just-In: Justin Sun Pulls Out Millions Of USDT From Aave Pool appeared first on CoinGape.
TRON Ecosystem Merge With Heco Chain: What Does It Mean?
After revealing his investment in Huobi Tokens, Justin Sun announced yet another decision on Tron Heco merge. The Tron founder said the Tron and BitTorrent chain ecosystem will now work together with the Heco developers. Earlier on Friday, Sun said he currently owns tens of millions of Huobi Tokens (HT). The Tron community reacted positively The post TRON Ecosystem Merge With Heco Chain: What Does It Mean? appeared first on CoinGape.
Tron’s Justin Sun Own Tens of Millions of Huobi Tokens, HT Price Up 12%
During his latest admission, Tron founder Justin Sun said that he currently owns tens of millions of Huobi Tokens. Interestingly, he added that he is willing to boost HT tokens since he’s now an advisor to the Huobi crypto exchange. Justin Sun’s comments came on Thursday, October 13, during his Bloomberg Television interview with Emily The post Tron’s Justin Sun Own Tens of Millions of Huobi Tokens, HT Price Up 12% appeared first on CoinGape.
Tron’s Justin Sun Owns Tens of Millions of Huobi Tokens, HT Price Up 12%
During his latest admission, Tron founder Justin Sun said that he currently owns tens of millions of Huobi Tokens. Interestingly, he added that he is willing to boost HT tokens since he’s now an advisor to the Huobi crypto exchange. Justin Sun’s comments came on Thursday, October 13, during his Bloomberg Television interview with Emily The post Tron’s Justin Sun Owns Tens of Millions of Huobi Tokens, HT Price Up 12% appeared first on CoinGape.
Huobi Token (HT) Soars 28% As Justin Sun Reveals Revival Plans
Huobi Global crypto exchange’s new Advisory Committee member Justin Sun in a meeting on Monday announced plans to revive the crypto exchange. Tron founder Justin Sun says the revival plans include brand upgrade, empowerment, and business cooperation focused on Huobi Token. As a result, the Huobi Token (HT) price jumps over 28% in the last The post Huobi Token (HT) Soars 28% As Justin Sun Reveals Revival Plans appeared first on CoinGape.
Report claims Tron’s Justin Sun, FTX’s SBF could be behind Huobi’s takeover
A new report released by popular journalist Colin Wu has claimed that Tron founder Justin Sun and FTX’s Sam Bankman-Fried are the possible investors behind the recent takeover of Chinese crypto-exchange Huobi Global. The report comes barely days after the exchange’s controlling shareholder sold the entire stake to Hong Kong-based About Capital Management through a […]
Tron’s Justin Sun denies role in Huobi’s takeover; claims report is ‘wrong’
Update: Tron’s Justin Sun has now publicly come out to claim that he is merely an advisor on Huobi’s Board and did not purchase the exchange’s majority stake. In doing so, he called the original report ‘wrong.’ A new report released by popular journalist Colin Wu has claimed that Tron founder Justin Sun and FTX’s […]
Breaking: Here’s How Huobi Shadow Owner Is Justin Sun After Recent Sale?
Although crypto exchange Huobi announced last week that the controlling stake changed hands, it appears there is more to it. On Saturday, Huobi Global said its founder Leon Li sold his entire controlling stake to Hong Kong-based About Capital Management. However, crypto entrepreneurs in Sam Bankman-Fried and Tron founder Justin Sun were vying for stake The post Breaking: Here’s How Huobi Shadow Owner Is Justin Sun After Recent Sale? appeared first on CoinGape.
Tron Founder Justin Sun Speculates Buying Credit Suisse Assets or Shares For Web3
Tron founder Justin Sun on Tuesday expressed interest in buying assets or shares of Swiss financial services group Credit Suisse. He also said bringing the global investment bank to the Web3 ecosystem. Credit Suisse faces market pressure as credit default swaps (CDS) hits a 14-year high. Tron Founder Justin Sun Finds Credit Suisse an Opportunity The post Tron Founder Justin Sun Speculates Buying Credit Suisse Assets or Shares For Web3 appeared first on CoinGape.
How long until TRX investors notice what the altcoin is missing out on
As the market’s crypto-assets get on board with Ethereum’s pump, Tron’s TRX continues to falter. In fact, according to CoinMarketCap, TRX is among the leading tokens to register losses over the week. While the altcoin has dropped by a mere 0.25% over the past week, other assets have surged to prominence. This consolidation further highlights […]
Did TRON conclude July with an impressive performance
TRON has raised the bar in recent weeks with the overturn in the market sentiment. The network performed well in the previous week with certain on-chain data signaling growing traders’ optimism. Reportedly, the total number of accounts on TRON recently reached 104.8 million while the total number of transactions reached 3.61 billion. Sunshine + Rainbows […]
TRON reaches new milestone; can it launch successful comeback
The crypto industry has reclaimed the $1 trillion mark as markets recovered in the past few days. Notably, the overall change in investors’ sentiment has paved the way for the Tron ecosystem to record an impressive performance. Where magic happens TRON’s total transfer value reached a new record on 1 August after it surpassed the […]
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto […]
Musk’s Latest Dogecoin Tweet Sparks Fierce CEO Responses
Elon Musk is not staying quiet about Dogecoin (DOGE), as his latest social media activity prompts a number of barbed responses from his fellow CEOs. The post Musk’s Latest Dogecoin Tweet Sparks Fierce CEO Responses appeared first on BeInCrypto.
Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has […]
Justin Sun: A Colorful Crypto Hawker or Surprising Business Savant?
Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum. Bombastic Approach May Underpin Tron’s Success It’s tough to take Tron’s Justin Sun seriously. His endless shilling on […]