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#TrendingTopic 💰 Bitcoin bounces beyond $64,000 as records beckon Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest #cryptocurrency!!! by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed #Bitcoin‬ funds. Source #BTC #ETH @wisegbevecryptonews9

#TrendingTopic

💰 Bitcoin bounces beyond $64,000 as records beckon

Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest #cryptocurrency!!! by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed #Bitcoin‬ funds.

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#BTC #ETH

@WISE CRYPTO NEWS

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#BTC LUNC Projected to $1 As Terra Classic Releases Update With Components for Massive Growth The #TerraClassic (LUNC) token has surged in price recently due to ecosystem developments, notably the successful upgrade to v2.4.2 introducing IBC-Hooks, facilitating decentralized app integration. This development, along with upcoming security enhancements, has boosted network activity and user adoption. The $LUNC burn initiative, led by major exchanges like Binance and new participants like #WEEX , aims to reduce circulating supply, while the number of wallet holders has surpassed 5.5 million. Despite a slight dip, #LUNC. has climbed 25.4% in the past week, with predictions suggesting a potential rise to $1 before 2024 ends. #SHIB
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#BTC LUNC Price Can Hit $1 After Latest Terra Luna Classic v2.4.2 Upgrade? The LUNC price has surged over 30% in a week, driven by key developments on the #TerraLunaClassic chain. The successful v2.4.2 upgrade, enabling dApp onboarding with IBC-Hooks, and the return of Terra co-founder #DoKwon have fueled investor optimism. Additionally, over 105 billion $LUNC tokens have been burned, with Binance accounting for over 50% of the total burn. Despite a drop in burn rate, rising wallet holders and community initiatives signal increasing demand. With #LUNC. futures open interests up 10%, optimism prevails for a potential price hike to $0.0002 in the near term, though reaching $1 this year remains challenging. #SHIB
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#SHIB 🌖 Terra Tokens Display Bullish #Sentiment! LUNA Price To Test $2 Soon? The Terra tokens, particularly LUNA, have shown a strong bullish sentiment recently. After a brief bearish period, LUNA's price surged by over 22% in 24 hours and approximately 50% over the past week, indicating significant bullish influence. LUNA's price traded within a narrow range between $0.635 and $0.777 for over a week before experiencing a surge to $0.8830, followed by a short-lived rally of 72.59% reaching $1.4030. However, it faced rejection at this level and corrected by 25.83%, trading sideways for nine days. Despite some volatility, LUNA has regained momentum, gaining over 70% since testing its low of $0.7770. The Relative Strength Index (#RSI ) indicates strong buying pressure, and bullish averages suggest positive price action for Terra #tokens this week. Looking ahead, if the bullish momentum continues, $LUNA may test resistance levels of $1.55 and $1.7. #BTC
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🌖 Terra Luna Classic Defies TOP 100 Fallout with 35% Surge #TerraLunaClassic (#LUNC. ) recently surged by 35%, signaling a potential comeback despite trading below $0.0002. Its market capitalization is nearing $1 billion, hitting a 3-month high of $1.32 billion on March 5, 2024. The surge is attributed to the release of Terra chain's co-founder, #DoKwon , from prison in Montenegro, coinciding with upcoming events like the TerraForm Labs' hearing with the U.S. SEC on March 25. A significant blockchain upgrade introducing new functionalities by Genuine #labs is scheduled for today, promising enhanced scalability for decentralized applications, notably benefiting EnterpriseDAO. Technical indicators support the bullish momentum, with $LUNC breaking through support levels. Derivatives activity surged, with the 1000LUNC smart contract seeing a 38% daily spike to $199.06M. Binance users show strong bullish sentiment, with long positions outnumbering shorts significantly. #BTC
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🌖 LUNC price in recovery mode after opening statements from SEC and #DoKwon ’s defense team On Monday, #TerraClassic (LUNC) and #terraluna (LUNA) prices held steady amidst the start of Do Kwon's trial with the SEC over the collapse of Terraform Labs' TerraUSD stablecoin. The trial began in a Manhattan federal court with Do Kwon represented by his defense team. The SEC highlighted flaws in the Terraform ecosystem, emphasizing lack of decentralization and financial integrity. Despite the trial, both #LUNC. and $LUNA prices showed signs of recovery, with $LUNC up 3% and LUNA up around 2%. However, uncertainty remains as the trial progresses, potentially leading to volatility in the market. #BTC
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