Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Decoding the Top crypto Performers Today Amidst the quiet trading in crypto markets, traders are on the lookout for the top crypto performers today that could potentially yield quick gains bitcoin (BTC) experienced a nearly 3% dip in the past 24 hours according to CoinMarketCap, while ethereum (ETH) saw a decline of almost 4% below $2,600 Major altcoins like BNB (BNB), Solana (SOL), XRP (XRP), and Toncoin (ton) also recorded losses ranging from 2% to 6% What Traders Are Watching Right Now Traders are closely monitoring US economic data releases this week to gauge the possibility of a Fed rate cut in the upcoming months Recent US CPI data showed a decrease in price pressures, indicating a potential rate cut by the Fed...

In recent developments within the cryptocurrency landscape, the TRON network has surged to the forefront, especially in the context of USDT transactions and supply This pivotal shift underscores TRON's expanding influence in the decentralized finance (DeFi) sector, a realm that continues to attract significant attention across the globe TRON's Dominance in USDT Transactions The TRON network, known for its robust and efficient blockchain platform, has made significant strides in dominating stablecoin transactions Specifically, USDT (Tether) transactions on TRON have seen an astronomical surge, accounting for more than 99% of all transfers among the top ten TRON contracts in June 2024, totaling a staggering 57 million transfers This figure dramatically overshadows the transaction volume on networks like PayNet, which reported only 100,000 transfers in the same timeframe...