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Opera browser adds BTC and TRON support for crypto wallet

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Along the ongoing crypto drive, leading businesses have begun fusing crypto-related services to harness an edge in the marketplace – a clear indication of mainstream adoption. While some have aims to disrupt and dominate cross-border payments, businesses like Opera and other Chromium-based web browsers are leading their niche markets in terms of enabling a crypto-friendly environment.

Maintaining its stronghold, Opera announced a beta update for its Android users, which enables BTC and Tron (TRX and TRC10 tokens) transactions in addition to the previously supported Ethereum and ERC tokens. The news was made public through a blog post and propagated through its official Twitter handle, which read,

“Just in: we’ve begun testing @Tronfoundation and @Bitcoin support in the beta version of the Opera browser for Android.”

While the company detailed on the latest release of its Android browser, they highlighted that it marked a step towards making Web 3 more mainstream and argued that it should be the new standard for all browsers. Enjoying its market leader status, Opera’s in-built Crypto Wallet’s final update will be made accessible to more than 183 million mobile users alone, and is speculated to highly influence crypto adoption.

Since its launch in December 2018, Opera’s growing market share can be attributed to its seamless user interface that doesn’t require any third-party browser extensions or wallet applications.

Source: netmarketshare.com

The above graph is also a clear indication that Opera’s crypto initiative has tremendously impacted the browser’s market share, primarily driven by growing markets such as China and India.

The blog highlighted this fact,

“The decision to add two major blockchains to our platform marks one further step in our strategy to make Web 3 more inclusive and user-friendly for people around the world.

To use the current Bitcoin and TRON integration, download the Opera browser beta from Google Play. The Crypto Wallet is only supported on devices with Android 6.0 or higher.”

Following the update, Opera has marked a concrete position in the cryptospace. The browser also supports in-built VPN and privacy-related services, which will also help users within the restricted nationalities easy access to the ecosystem.

Source.ambcrypto

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Tron News Today – Top Headline for Tron TRX

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  • Tron CEO Justin Sun Promises To Make Big TRX Announcement Soon
  • Tron Collaborates with Beijing University of Posts and Telecommunications

The digital asset space isn’t short of big announcements. Major projects always bring new offerings to improve their network. Now, there might be something new from the Tron network. Reports have it that Justin Sun, the CEO of Tron, has promised the TRX community that there will be another big announcement from Tron by the end of this month. Sun was forced to remark after been provoked to do so by a Tron follower.

Sun Kept his Promise to Cut Down Social Media Appearances

It’s been a long time coming since the Tron chief and founder made his usual popular ‘announcement of an announcement’ on Twitter. Recall that Sun had promised to cut down his social media presence. This came after they were delays with his lunch with business Mogul, Warren Buffett as well as Sun’s battle with kidney disease.

To date, Sun has kept to his word. Recall that he said that there would be no ‘announcement of the announcement’ on the social media for a while. However, on October 15, the Tron chief did it again. This time, the Tron founder and CEO simply gave a reply to a question from one Tron follower, who asked him this question: “when is the big news? 

The Tron chief was forced to speak. And he declared that Tron followers can expect a big announcement from the network soon enough.

The Tron Community Assumes There is a Tron-Samsung Collaboration

However, in the comment thread, the members of the Tron community began to offer their guesses regarding the announcement that Sun suggests would be. Some suspect he intends to make the big announcement during the Halloween season. 

Others have also assumed that this is going to be an announcement of the network’s collaboration with the tech giant, Samsung. However, no one is sure of what it would be. We just have to wait and see.

Tron Collaborates with Beijing University of Posts and Telecommunications

As was initially reported by the Tron team, Tron has entered into a partnership with the State Key Laboratory of Networking and Switching. The partnership was with the information security center of the institution. The State Key Laboratory of Networking and Switching is an extension of the Beijing University of Posts and Telecommunications.

It is understood that the Tron team will use the researches’ divisions’ academic expertise of the institute to enhance the creation of the Tron Blockchain. In return for this, the Tron Foundation will “assist the university’s researchers with its group of cutting-edge technologies”.

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Tanya Abrosimova Tanya Abrosimova FXStreet Follow TRON price analysis: TRX/USD crashes to 14th place on CoinMarketCap

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  • TRON’s coin resumed the decline, broke below the trend line.
  • TRX/USD is vulnerable to further losses if the recovery fails to gain traction.

At the time of writing, TRX/USD is changing hands at $0.0148. The coin has lost over 6.5% in recent 24 hours, and the downside momentum is still growing. Currently, TRON takes 14th place in the global cryptocurrency market rating, losing three positions to Monero (XMR), Cardano (ADA) and LEO. The total market value of Tron reduced to $983 million; an average daily trading volume registered at $626 million.

TRX/USD, technical picture

TRX/USD dropped below the short-term trendline that goes from the recent low of $0.0117.  This development is regarded as a bearish signal that may result in increased downside pressure on the coin. The nearest support is located on the approach to $0.0143 (October 15 low). Once it is out of the way, the sell-off is likely to gain traction with the next focus on $0.0140 and $0.0131 ( the lower line of a Bollinger Band on a daily chart).

There are plenty of technical barriers on the way to the North. We will need to see a sustainable move psychological $0.0150 to extend the recovery towards the next barrier related by $0.0152 (the middle line of a Bollinger Band on a daily chart). Once it is out of the way, SMA50 (Simple Moving Average) daily at $0.0154 will come into focus. Meanwhile, an ultimate resistance is created by the above-mentioned upside trendline currently at $0.0158. 

TRX/USD, daily chart

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

There are plenty of technical barriers on the way to the North. We will need to see a sustainable move psychological $0.0150 to extend the recovery towards the next barrier related by $0.0152 (the middle line of a Bollinger Band on a daily chart). Once it is out of the way, SMA50 (Simple Moving Average) daily at $0.0154 will come into focus. Meanwhile, an ultimate resistance is created by the above-mentioned upside trendline currently at $0.0158. 

TRX/USD, daily chart

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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Tron TRX price is down to $0.014 amidst bearish market trend

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Tron TRX price has hit a major bearish snag today after staying afloat for some days. TRX price is down from $0.0158 range to the $0.0149 range. Tron (TRX) is the 13th largest cryptocurrency in the market with a market capitalization of over nine hundred and eighty-seven million dollars ($987.241M), and a trading volume of over six hundred and twenty-five million dollars ($625.588M).

Tron is no exception since the market as a whole is going down the bearish trend including Bitcoin (BTC) and the major altcoins. Tron TRX price chart by Trading View Tron TRX price down in bearish market trend? The cryptocurrency market has been striving ever since it topped out in June 2019. The Chicago Mercantile Exchange (CME) Group has reported on Twitter, that user interest in CME Bitcoin (BTC) is still strong, compared to Q3 2018.

The increase in open interest amounts to nearly sixty-one percent (61%). Grayscale Investments is a cryptocurrency asset manager based in the United States. The authority claimed that its product got an investment of over two hundred and fifty million dollars ($254M) in Q3 2019, although it had a total investment of over eighty-four million dollars ($84.8M). Eighty-four percent (84%) of this investment amount was gathered from institutional investors.

Facebook and Telegram’s regulatory problems, along with the rejection of the Bitcoin (BTC) exchange-traded fund proposal have not been very kind to the crypto market. Although the cryptocurrency markets are at a downfall, major crypto assets are currently trading over their support levels. Tron TRX price movement: What to expect? The TRX price dipped past the uptrend line today and is still news the same points. If the bears keep the Tron TRX price under moving averages, the cryptocurrency may lower down to $0.0136 and $0.01124.

Tron TRX price chart by Trading View If the bulls can possess the moving averages, we expected that the trading pair may push upwards to $0.01866, which has been a major barrier during the preceding pullback bids. If the bulls push the price over the $0.01866 marks, the trading pair may move back to $0.041, with a resistance level of $0.030.

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