Coinatory

Canary Capital Files for Staked TRX Crypto ETF U.S. asset manager Canary Capital has formally submitted a proposal to launch an exchange-traded fund (ETF) tied to the Tron blockchain network’s native token, TRX, according to recent regulatory filings. Distinctively, the proposed fund aims not only to hold spot TRX but also to stake a portion of its holdings to generate additional yield. According to data from Stakingrewards.com, staking TRX currently offers an annualized yield of app... Canary Capital Files for Staked TRX Crypto ETF Coinatory

TRON Considers Block Reward Reduction to Enhance Deflationary Model TRON founder Justin Sun has proposed a strategic shift for the TRX blockchain, suggesting a reduction in block rewards—a move reminiscent of Bitcoin's halving cycles. This initiative aims to reinforce TRX’s status as a deflationary asset and potentially increase its appeal to long-term investors and network participants. Currently, TRX reduces its circulating supply by 1% annually, positioning itself, according to Sun, as the only major crypt... cryptocurrency news today

Venezuelan economic crisis touched Justin Sun, co-founder of Tron (TRX). He said that Petro, the country"s new currency, should have been associated with Tron, not with Ethereum, as reported by bcfocus.com Obviously, Justin Sun is very responsible for the promotion of the Tron cryptocurrency, as evidenced by the post on Twitter, where he protested to President Nicolas Maduro. He said that if Petro should be used, it should be tied to the Tron, not to the Ethereum. The post of Justin Sun appeared after the tweet Maduro, who announced the ... Read more about " Justin Sun calls on the Venezuelan president to tie Petro to Tron " on coinatory.com

As the blockchain industry becomes saturated, many exciting projects are still finding their way into space, promising better features than the existing networks like better-secured platform, low transaction fees, etc. An in-depth study of some of these newly released projects would reveal that a lot of them are not worth the hype, but some like the TRON project has shown signs that it will stand the test of time and deliver its promise. The TRON project came under the spotlight sometime in 2017 and has been keeping tracks since last ... Read more about " What is Tron (TRX)? A Beginner’s Guide " on coinatory.com

Justin Sun is back with some new targets for his Test net that was launched successfully on March 31st. The Test net was much rejoiced by the followers and the Main net is awaited with higher expectations. Tron is stretching out its tentacles outside the boundaries after its recent expansion to Korea. It had recently extended its operations to South Korea and was listed on Bithumb which is the most popular there. Justin now announces the further extension directing towards Southeast Asian countries like Indonesia, Singapore, Phi ... Read more about " Tron [TRX]’s new target will extend its tentacles to Southeast Asia " on coinatory.com