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LUNC Price to Rally? LUNC price analysis by CoinGape Markets revealed a triangle breakout is likely to set #TerraClassic on a path to 26% recovery. However, if support at $0.0001 weakens, declines may extend to $0.000088 in May. The community expects $LUNC price to cross $0.0002 again amid development activity and staking. #LUNC✅ price trading sideways after an upswing this week. The 24-hour high is $0.0001061, with trading volume rising slightly in the past 24 hours. However, derivatives trading data by CoinGlass revealed a buying activity in the last few hours. $USTC price also moved sideways amid low trading volumes in the last few days, especially last week. The price is trading at $0.02141, with a 24-hour low and high of $0.02091 and $0.02161, respectively. Trading volume has decreased by 15%, indicating a lack of interest among traders. #pizzaday #BTC #PEPE‏

LUNC Price to Rally?

LUNC price analysis by CoinGape Markets revealed a triangle breakout is likely to set #TerraClassic on a path to 26% recovery. However, if support at $0.0001 weakens, declines may extend to $0.000088 in May.

The community expects $LUNC price to cross $0.0002 again amid development activity and staking. #LUNC✅ price trading sideways after an upswing this week. The 24-hour high is $0.0001061, with trading volume rising slightly in the past 24 hours. However, derivatives trading data by CoinGlass revealed a buying activity in the last few hours.

$USTC price also moved sideways amid low trading volumes in the last few days, especially last week. The price is trading at $0.02141, with a 24-hour low and high of $0.02091 and $0.02161, respectively. Trading volume has decreased by 15%, indicating a lack of interest among traders.

#pizzaday #BTC #PEPE‏

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SEC Boss Gary Gensler Breaks Silence on Ethereum ETFs SEC Chairman Gary Gensler drops cryptic remarks on Ethereum ETF approval process, leaving investors on edge In a recent appearance on CNBC, SEC Chairman Gary Gensler provided insights into the expected timeline for the review of the spot Ethereum ETF S-1 reports. Eleanor Terrett, a reporter at Fox Business, relayed this as an indication that the review process is expected to be lengthy, potentially causing delays in the approval process for Ethereum ETFs. As a reminder, last Friday marked a significant deadline as spot Ethereum ETF issuers, including industry giants BlackRock and VanEck, submitted their initial draft S-1 forms to the SEC. The regulator will now begin the review process, providing feedback and requesting amendments. Industry insiders expect at least two rounds of draft filings before a final decision is made. 🚨NEW: @SECGov Chairman @GaryGensler says the next step in the $ETH ETF approvals “will take some time,” possibly indicating a potential slow-walk of the S-1 approval process. https://t.co/iwfN9vvmt8 — Eleanor Terrett (@EleanorTerrett) June 5, 2024 In contrast to the relatively straightforward path of #BitcoinETF💰💰💰  approvals, the altcoin landscape appears to be murkier, according to market participants. While unanimous approval would mark a pivotal moment for the market, recent events have created uncertainty. For example, Hashdex's withdrawal of its application for undisclosed reasons has left market participants questioning the overall trajectory of Ethereum ETFs. Attention now shifts to the SEC's stance on the crypto market and the ongoing developments in #BitcoinETFs! , as liquidity in traditional financial markets is hundreds of times greater than cryptocurrency. On one side, that does not mean that investors would want to increase their risk by switching to altcoins, and vice versa - they may shift some funds from #BitcoinETFs in a search of extra profits. #BnbAth #StartInvestingInCrypto
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Ripple Scores Major Partnership in #Europe San Francisco-based firm Ripple has teamed up with Clear Junction San Francisco-based firm Ripple has joined forces with UK-based payment company Clear Junction in order to improve the efficiency and security of payouts denominated in the British pound and the euro.  Ripple's Cassie Craddock has stressed that Clear Junction is "a great fit" for the company since it is capable of supporting all of its existing use cases. Craddock believes that the partnership between the two companies is going to evolve further in the future.   Last September, Clear Junction acquired British cryptocurrency firm Altalix in order to gain a competitive edge in the crypto market. Earlier this year, the Financial Times, one of the leading business outlets, named Altalix as one of the fastest-growing European companies.   Clear Junction is also known as one of Binance's payment partners. In September 2021, it cut the #exchange off due to a regulatory crackdown in the U.K.  Billionaire Chris Larsen, one of the co-founders of Ripple, praised the UK as one of the most crypto-friendly jurisdictions last year after Chancellor Jeremy Hunt singled out digital technology as one of the key growth sectors. Susan Friedman, head of policy at Ripple, has also recognized London as a burgeoning cryptocurrency hub.  #RippleCEO Brad Garlinghouse has repeatedly named the UK alongside some other crypto-friendly countries like Japan and Singapore in order to highlight the correct approach to crypto regulation. In fact, Ripple once considered relocating its headquarters to London.   Last year, the company also expanded its University Blockchain Research Initiative (UBRI) to several European universities.    #BnbAth #StartInvestingInCrypto
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