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Tron Founder Justin Sun Weighs In On TRX Halving Proposals! Justin Sun, the founder of Tron, has expressed support for a proposal to reduce block rewards, similar to Bitcoin's halving mechanism. This proposal aims to increase deflationary pressure on TRX, potentially driving up its value . By reducing block rewards, the supply of TRX in circulation would decrease, making each token more scarce and valuable. Sun's endorsement of this proposal suggests that Tron is considering a significant change to its economic model. If implemented, this could have a substantial impact on TRX's price and adoption. However, it's essential to note that the Tron community and developers will need to discuss and agree on the specifics of the proposal before any changes are made. In recent news, Tron has also made headlines for its collaboration with Tether to freeze over $9 million in USDT linked to the Bybit hack . Additionally, Tron Ventures has entered the meme coin market, despite declining capitalization and market concerns .#Tron
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Bitcoin, XRP and SOL Rise With U.S. Equity Futures as Trump Plans Targeted Action for Tariffs Liberation Day! Bitcoin, XRP, and Solana (SOL) are experiencing a surge in value, driven by optimism surrounding US President Donald Trump's plans for targeted action on tariffs. This development has led to a rise in US equity futures, with Bitcoin trading at around $86,500, up 2.7% on a 24-hour basis . Key Market Movements: Solana's SOL token is trading nearly 6% higher at $138 . XRPis trading at $2.44, marking a 2.5% increase and staying above its 50-day simple moving average . - Futures tied to major US stock indices, including the S&P 500 and Dow Jones Industrial Average, are rising by over 0.5% . The market's positive response is attributed to reports that Trump's tariffs, expected on April 2, may be more measured than initially anticipated. This news has eased investor concerns, leading to a rise in risk-on assets like cryptocurrencies and stocks .#TrumpCryptoSupport
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WHAT IF THE ALTCOIN SEASON HAD ALREADY BEGUN? The anticipation for an altcoin season is building. While many are waiting for a clear signal, some experts suggest that the altcoin season may have already begun, quietly gaining momentum. Key Indicators: 1. Altcoin Market Capitalization: The total altcoin market capitalization has been increasing, breaking above its 200-day moving average. 2. Bitcoin Dominance: Bitcoin's dominance has been declining, making way for altcoins to gain traction . 3. Altcoin Trading Volumes: Trading volumes for altcoins have been rising, indicating increased interest and activity . 4. New Lows and Highs: Several altcoins have been making new highs, while others have been reaching new lows, demonstrating a shift in market dynamics [3]. Potential Drivers: 1. Improved Sentiment: Growing optimism around the crypto market, driven by factors like increased adoption and regulatory clarity. 2. Innovation and Development: Ongoing advancements in blockchain technology, decentralized finance (DeFi), and non-fungible tokens (NFTs). 3. Diversification: Investors seeking diversification beyond Bitcoin, exploring alternative cryptocurrencies with unique use cases and potential. What to Watch: 1. Continued Growth: Monitor the altcoin market capitalization, Bitcoin dominance, and trading volumes for sustained growth. 2. Breakout Coins: Identify altcoins showing signs of breakout, such as increased trading volume, improved sentiment, and technical indicators. 3. Regulatory Environment: Keep an eye on regulatory developments, as clarity and favorable policies can further fuel the altcoin market. While it's difficult to predict with certainty, the signs suggest that the altcoin season may indeed be underway. As the market continues to evolve, staying informed and adapting to changes will be crucial for investors and enthusiasts alike.#altcoins $XRP $BTC
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Four Reasons Why XRP Price May Hit $20 Soon! XRP's price surge has been impressive, and there are several factors contributing to its potential rise to $20. Here are four key reasons: Increased Institutional Investment: Big institutions are buying up XRP, with 12 central banks globally working with Ripple to create their own digital currencies This growing demand from institutional investors could drive the price up. ETF Speculation and Approvals: With 17 XRP ETF filings in progress, including those from prominent asset management firms like Grayscale, Fidelity, and VanEck, the potential for increased investment and liquidity is high . Historically, ETF approvals have triggered significant price increases for underlying assets. Regulatory Optimism: The recent developments in the Ripple-SEC case, combined with the announcement of SEC Chair Gary Gensler's departure, have fueled hopes for a more crypto-friendly regulatory environment . This optimism could contribute to XRP's price growth. Market Alignment and Bullish Sentiment: XRP's price has been driven by a combination of legal optimism, ETF speculation, and heightened trading activity . As the token continues to gain momentum, its price could potentially reach $20 or even higher.#xrp
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North Carolina Plans To Add Crypto To State Retirement System! North Carolina is taking a significant step towards embracing cryptocurrencies. The state is considering adding crypto to its retirement system, specifically the Teachers' and State Employees' Retirement System (TSERS) . This move is part of a broader bill, House Bill 721, which aims to study the potential inclusion of cryptocurrencies within the state treasury . The bill tasks the North Carolina State Treasury Department with investigating the acquisition, storage, and utilization of investments involving metal bullion and virtual currencies. If passed, the Treasury must consider how investments in virtual currencies could be used to hedge against inflation and systemic credit risks, reduce overall portfolio volatility, and increase portfolio returns over time . While this development is promising, it's essential to note that the bill is still in its early stages, and there's no guarantee that crypto will be added to the state retirement system. However, if successful, this could set a precedent for other states to follow.
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