Terra Luna Classic Votes on Key Proposal, LUNC Revival?
Terra Luna Classic entered a community vote to launch an independent website to attract lost traffic, among other benefits. The Terra Luna Classic voted on a governance proposal to create an independent community website. The website will be modeled after Bitcoin.org, combining the design process and concept workshops. Lately, the network has received positive news as users look to bounce back after previous declines. Terra Luna Classic Vote on the website A new vote proposal is underway within
Pepe Coin Whale Transfers 1 Trillion PEPE to Binance
Pepe Coin Whale’s decision to deposit a staggering 1 trillion coins to Binance has sparked bearish sentiments among market participants despite the PEPE price rally today. Pepe Coin has once again magnetized considerable investor interest in the broader crypto market, primarily with its on-chain dynamics. Amid a significant PEPE price rally today, a well-known whale has unloaded nearly 1 trillion PEPE on Binance, causing serious concern among crypto market participants. Although a sale transacti
Binance Embraces LUNC and USTC Resurgence: Unlocking New Possibilities
Binance Thailand announced support for LUNC and restoration of USTC to $1, a continued commitment to the LUNC community promised by Binance CEO Changpeng Zhao. Crypto exchange Binance TH, a joint venture between Binance and Gulf Energy, announced on Saturday a recovery effort and promotion of LUNC and USTC trading on the crypto exchange. The Terra Classic ecosystem tokens were listed by Binance TH this week, garnering a lot of attention from the Terra Classic community. Binance TH Announces “LUN
The Shiba Inu dog-themed meme coin increased its burn rate today, exceeding 800% with over 100 million coins burned. SHIB Price Drops Today, Is Rally Ahead? The Shiba Inu meme cryptocurrency has received a lot of investor excitement today, further fueling the rise in its burn rate. Notably, insights from the Sheeburn tracker show that the Sheba Inu burn rate has increased by more than 800% in the past 24 hours, burning 100 million tokens. This chronicle puts a shot of market optimism into the do
Uniswap Labs secures Crypto: The Diversion, boosting UNI token by 6%, and plans to create modern intelligently crypto encounters. Uniswap Labs has procured the prevalent blockchain-based diversion Crypto: The Amusement (CTG). This declaration takes after a surge in the UNI token cost, which saw a 6% increment on the three-hour cost chart. Mary-Catherine Lader, Chief Working Officer at Uniswap Labs, communicated excitement approximately joining CTG’s locks in on-chain encounters with Uniswap’s of
The Solana team announced the v1.18.15 mainnet upgrade amid an increase in network demand. Will the upgrade help SOL prices move towards $250?. Solana is gearing up for another mainnet upgrade as validators are asked to upgrade to a new stable release to power the Solana blockchain. Solana’s team is gearing up to curb pressure and congestion on the chain amid the meme coin frenzy and massive demand for platforms on the Solana-based blockchain. Solana v.18.15 upgrade preparation The Solana team h
Bitcoin’s price has been a hot topic amid market volatility, while a fresh analysis by a leading research firm has given new hope to investors. Bitcoin, the flagship cryptocurrency, has recently captivated the crypto market due to its volatile performance. After a strong run in the past week, BTC has seen a dip following strong US jobs data. Meanwhile, amid these ups and downs, a new analysis from 10X Research suggests that Bitcoin may be on the verge of a major rally. The prediction has caught
Uniswap Gas Fee Sunset: Founder Cryptic Hint Sparks Speculation
Uniswap’s founder has just shocked the community with a semi-cryptic statement that could mean pushing for an end to fees. A new X post by Uniswap protocol founder Hayden Adams suggests that the platform may consider eliminating gas fees. Potential elimination of Ethereum gas fees Taking X, Adams noted that no consumer should ever hear the term “gas fee.” His statement is a clear indication that Uniswap, as a decentralized exchange, has issues with gas fees and their impact on the user experienc
Arbitrum DAO Invests $215M to Elevate Gaming Ecosystem
The Arbitrum Foundation launched a $215M fund to promote gaming on its Ethereum-based network to drive engagement and growth. The Arbitrum Foundation, the team behind Arbitrum (ARB), an Ethereum Layer 2 scaling solution aimed at increasing transaction throughput, has decided to allocate a large amount of money to develop the gaming industry within its ecosystem. The approved proposal is derived from the Gaming Catalyst Program (GCP), which will distribute 225 million ARB tokens, equivalent to $2
Find out how Aave’s approaching USDe lending limit marks a watershed moment in DeFi. Discover partnership milestones, liquidity strategies, and market insights shaping the future of decentralized finance. In recent market developments, a notable partnership emerged between USDe and Aave, which provided key functionalities for users. This support enabled users to perform two important operations seamlessly. First, users gained the ability to deposit USDe into the Aave platform, thus allowing them
Bitcoin Hedge Fund Net Shorts Surge to Record, Analysts Foresee 30% Plunge
Analyst ZeroHedge has reported a dramatic increase in Bitcoin hedge fund net shorts, reaching an all-time high. Things could get worse if BTC price loses the key support at $68,500. The world’s largest cryptocurrency Bitcoin (BTC) and the broader cryptocurrency market have come under strong selling pressure with the BTC price losing support at $71,000 and falling all the way to $68,500. As of press time, Bitcoin (BTC) is trading at $69,404.43 with a market cap of $1.37 trillion.
Wormhole (W) Price Surges 12% Following Governance Staking Launch
Wormhole (W), the native cryptocurrency of the interoperability platform powering numerous multi-chain applications, has seen a sharp jump of 12% in the past 24 hours, moving all the way past $0.70. At press time, Wormhole is trading at $0.6786 with a market cap of $1.22 and a daily trading volume of over 150% to over $234 million. Wormhole’s new governance feature In the latest development, Wormhole has introduced a Stake for Governance feature for W token holders, marking a significant advance
Robinhood Lists XRP Tokens: A Major Boost to Crypto Accessibility
Robinhood’s acquisition of crypto exchange Bitstamp gives the firm the infrastructure to list tokens issued by the XRP ledger, which Ripple also owns in Bitstamp. XRP News: Commission-free investment firm Robinhood Markets is ramping up its push to grow exponentially outside the United States, acquiring crypto exchange Bitstamp for $200 million. Bitstamp is one of the largest and most popular crypto exchanges in Europe and Asia. Robinhood said it will bring reliable and trusted institutional bus
Cardano, Shiba Inu, and Jasmy: Big Whales Trigger Buy Signal
Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) prices are likely to rally due to a massive increase in whale activity. The recent recovery in the crypto market has brought some altcoins into the buying range, even before the whales start collecting them before the price rises. On-chain data identified three altcoins seeing massive whale activity — Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY). Are these three trending cryptocurrencies in an early bullish phase? ADA, SHIB, JASMY
Shiba Inu is up 8% today due to a massive jump in the market which has seen traders grab millions of dollars worth of SHIB. Digital assets have recorded a turnaround this week with SHIB showing bullish activity in the last 24 hours. Top crypto assets, memecoins, and decentralized finance (DeFi) protocols have lower market leverage. Bitcoin is hovering around $71,000 while meme coins like Shiba Inu are attracting new inflows. One crypto trader spent $14.88 million to buy SHIB in the last six hour
South Korean crypto exchange Upbit recently revealed plans to support Ethereum L2 Taiko with three new trading pairs: BTC, USDT, and KRW. Upbit, a South Korean cryptocurrency trading company, recently revealed plans to support Ethereum L2 Taiko, as the firm released today, June 5. Upbit gained additional popularity as the announcement took effect. Notably, the South Korean cryptocurrency exchange announced plans to support three new trading pairs for Taiko. Here’s a closer look at the official a
Shiba Inu (SHIB) Price Soars 10% Following Significant Whale Investment
Shiba Inu price has given a strong breakout above the 50-day EMA, however, for the rally to continue, the meme coin must move above $0.00003. Shiba Inu (SHIB) has also joined other altcoins in the recent run-up in the broader cryptocurrency market. As a result, the price of SHIB has increased by 10% in the last 24 hours, as an early Shiba Inu wheel reawakens after nearly three years of inactivity, buying 323 billion SHIB coins within hours.
Shiba Inu Meteoric Rise: 16600% Burn Rate,What’s Next for SHIB Price?
Shiba Inu’s burn rate increased by nearly 16600% as one wallet began token burning over $21 million during SHIB recent price drop, which could potentially lead to a recovery due to reduced supply. The Shiba Inu (SHIB) meme coin, known for its canine mascot, has recently gained significant attention in the crypto market due to the massive increase in its token burn rate. According to Shiburn, a platform that tracks the burning of SHIB tokens, on Tuesday, June 4th, the burning rate saw an extraord
FLOKI and DOG: Top Meme Coins Lead the Crypto Rebound
Memecoins led the market recovery in the last 24 hours with assets like FLOKI and DOG. Digital assets maintain their momentum after intraday trading saw record inflows for FLOKI, DOG, and other meme coins. Meme-top cryptoassets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) can also see market growth. The broad market cap is over $2.56 trillion while memecoins are over $66.3 billion. Top meme coins have recorded arrivals as the top ten sitting in the green zone apart from MAGA. The Trump-t
“Roaring Kitty,” returned to social media and revealed that he has $181.4 million worth of GameStop stock and call options. GME stock price rose 19 percent overnight. The GameStop ($GME) meme coin created amid the popular short squeeze craze of 2021 is seeing a whopping 300% rise in the past 24 hours. As of press time, the GME cryptocurrency is trading at $0.01366 and its market cap has approached $100 million. In addition, the daily trading volume has skyrocketed by an astonishing 1,000% shooti