DLive is the latest in Tron’s string of acquisitions. The blockchain-based streaming platform will join Poloniex and BitTorrent in Justin Sun’s portfolio.
The cryptocurrency market traded mostly in the green on Monday, as the top 10 altcoins continued to build on the weekend’s strong gains.
Bitcoin SV posted gains of over 10%, and traded back into triple digits as the recovery from the $75 support level gathered traction. Litecoin was another notable gainer over the weekend among the larger coins, with the sixth-largest cryptocurrency gaining around 7.5%.
In theory, it should be easy to choose a cryptocurrency sign. Countless fiat currencies have popularized a single style — a letter with one or several strike-through bars, which should represent the stability of the currency. It’s a design that has been used all around the world: signs for the euro, the pound, the yen, the franc, and the dollar can all be instantly recognized by almost anyone.
An Ethereum project migrating to the Tron blockchain was singled out and practically “erased,” highlighting inconsistencies in Tron’s supposed mission of decentralization and censorship resistance.
In February, POP Network, a startup building better decentralized peer-to-peer media streaming, chose to migrate from Ethereum to Tron to take advantage of its greater speed.
The CEO of Ren protocol, Taiyang Zhang, recently announced the launch of yet another DeFi liquidity solution for the crypto ecosystem. Keeper DAO looks to offer many of the same services of traditional underwriting services but will instead focus on non-custodial crypto markets.
Litecoin is consolidating around the $40.00 level as it attempts to recover from a ten-month trading low.
The LTC/USD pair is trading down by around 14 percent since the start of December, although the cryptocurrency still trades in the green by around 25 percent since the beginning of 2019.
The cryptocurrency market continues its struggle to find a directional bias over the Christmas holiday period, with most coins in the top 20 trading sideways.
Bitcoin held support around the $7,100 level after being quickly sold off from the $7,430 level on Thursday. CME and BitMex contract expirations today may be behind yesterday’s price movements.
The MetaMask app has been suspended from the Google Play Store. Citing concerns that the app mined on user devices, this is the second time this week that Google censors cryptocurrency ecosystems hosted on its platforms.
Ethereum co-founder Jeffrey Wilcke doxxed himself after selling 92,000 Ether, worth over $11 million, because of its connection to his Ethereum Name Service domain.
The economist Albert Alchain once said “economics does not care whether people are rational, but whether people can survive.”
This statement certainly hits home. After ten years of rapid growth in the digital currency market, the impression most people have is that it’s all just hype, a bubble, or too risky. While everyone has their own view, the goal is not to define what the current market should be, but what it actually is.
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