Terra Classic (LUNC) has struggled to maintain prices throughout 2024. Various measures have been implemented to stabilize LUNC's prices — most notably, token burns aimed at reducing supply and thus increasing value.
Whales consistently play a significant role in shaping crypto market prices, making it worthwhile to track their buying activity for potential gains.
Bitcoin has begun it's journey to achieve the much-awaited milestone at $100K. Meanwhile, the top altcoins have also begun to swell. Etheruem strongly sustains above $3600, displaying huge possibility of reaching $4000 in a short while.
LUNC News: The world's largest crypto exchange Binance has increased leverage by four times for Terra (LUNA) trading. The move comes as the exchange extended support for the Terra Luna community amid the bankruptcy of Terraform Labs.
Terra Luna Classic price has risen gradually after bottoming in August, and analysts are optimistic that it has more upside. Terra Luna Classic (LUNC), the remnant of the collapsed Terra network, climbed to $0.
Optimism (OP) breaks $1.90 resistance after 150 days.
Optimism's OP Mainnet integrates all Chainlink services, enhancing ecosystem growth with data, DeFi, and VRF capabilities. The post Optimism joins Chainlink Scale, all Chainlink services are now live on OP Mainnet appeared first on Crypto Briefing.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
While the SEC touts its enforcement as a win for investors, the crypto industry is rejoicing over Chair Gary Gensler's imminent departure.
Terraform Labs' near $4.5 billion settlement with the SEC has contributed to a record year for the agency's financial penalties.
Terraform Labs' $4.5 billion settlement with the SEC contributed to a record year for the agency's financial penalties.
Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains.
The Securities Exchange Commission (SEC) obtained orders for $8.2 billion in remedies for the 2024 fiscal year, a record high for the regulatory agency. This is a 67% increase from the $4.9 billion in financial penalties that it collected in 2023.
Terra Luna Classic community dismissed a community pool spent proposal by Cosmos developer team BLV Labs for recent work on the blockchain. Some developers and community members highlighted that the developer group failed to follow governance rules as there were no testnet and mainnet deployments.
Optimism (OP) price has surged 43.40% in the last seven days, showcasing strong bullish momentum in the market. The uptrend is supported by rising trend strength, with the ADX confirming growing momentum and EMA lines showing a bullish setup.
Ethereum layer 2 scaling solution Optimism ($OP) is riding the bull run after rallying 39% in just seven days. The bulk of those gains came in the last 24 hours, after the token surged 23% to trade at $2.18.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Optimism (OP) is experiencing an interesting market rally amid the ongoing cryptocurrency bull run. According to CoinMarketCap data, the protocol's native token OP is changing hands at $2.19, representing a 21.57% rise in the last 24 hours.
Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.
Crypto analyst predicts 60% rally for Optimism (OP) after breaking key resistance at $1.83.
Terra Luna Classic price has remained under pressure in the past few days, as it retreated by 10.95% from its highest level this week. LUNC, the remnant of the collapsed Terra network, was trading at the psychologically important support level at $0.00010.
A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
Terra Classic (LUNC) price has surged sharply over the past week, fueled by a broader crypto market rally. This bullish November trend is capturing the attention of investors, and analysts anticipate further upward momentum.
An important pattern is pointing to a potential 340% increase to $7.20 in OP's price.
Optimism forms an ascending triangle, signaling a potential rally to $7.20.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
During the U.S. trading session on Monday, the crypto market winessed an accelerated momentum as Bitcoin price spiked to a new high of $85,000. Most major altcoins are following the same pace and preparing to challenge their respective highs.
Terra Classic (LUNC) joined the latest rally that saw Bitcoin topping $80K for the first time in history. As altcoin bulls flexed their muscles, LUNC gained over 20% on its weekly chart. Ecosystem developments such as intensified token burns and broad market rallies contributed to LUNC's prevailing performance.
Terra Classic registered double-digit growth last week, but the trend might change soon.
Why is the major upgrade by Orbit Labs of crucial importance to Terra Luna Classic's chain revitalization path?
Terra Classic (LUNC) price has surged significantly recently, aligning with a broader crypto market rally drawing investors' attention. As bullish trends dominate November, LUNC's price momentum has sparked optimism among analysts, with a key target set at the $1 level.
LUNC News: OrbitLabs has proposed a thorough review of the new “Reverse Charge” tax system on Terra Classic. This tax mechanism aims to simplify tax handling on the blockchain by deducting taxes from the recipient rather than the sender.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
A bankruptcy court has allowed the Avalanche Foundation to buy back 1.97 million AVAX tokens it sold to the defunct Luna Foundation Guard.
Luna Classic price was previously boosted by a court-sanctioned burn of 4% of LUNC token, and Trump's win just brought in new propulsion.
Terra Luna Classic's price rose for the second consecutive day as token burn activity accelerated this week. Terra Luna Classic (LUNC), the remnant of the collapsed Terra network, reached an intraday high of $0.
Terra Luna Classic price is inching closer to a breakout following increased market volatility resulting from the just-completed U.S. elections. LUNC price increased by 8.6% in the last 24 hours and is trading at $0.00009162 after Bitcoin momentum picked up and pushed the entire crypto market up by 6.4% to $2.588 trillion.
The Terra Classic price crawled back on Tuesday, November 5, reaching an intraday high of $0.000086. This LUNC recovery happened after Terra announced that it had permanently closed the Shuttle Bridge and burned the remaining tokens.
Terraform Labs (TFL) has executed a large-scale token burn of 251 billion Terra Luna Classic (LUNC) and 264 million TerraClassicUSD (USTC) tokens from circulation. The burn was part of a settlement with the U.S. Securities and Exchange Commission (SEC) that required TFL to dispose of specific assets held in its Shuttle Bridge wallets.
The cryptocurrency exchange Gemini, owned by the Winklevoss brothers, has just announced the listing of OP and the memecoins POPCAT and BONK.
Optimism (OP) is making waves in the cryptocurrency space, particularly as a prominent layer 2 solution for Ethereum. This technology is designed to enhance transaction speeds and lower costs, addressing some of the main challenges that Ethereum has faced, such as high fees and congestion during peak times.
Terra Classic is on the move! A breakout rally is building up, driven by high trading volume and a strong, bullish market trend.
The Terra Luna Classic community has approved a new tax handling proposal aimed at simplifying the tax system on the Terra Classic blockchain. This “Reverse Charge” mechanism changes how taxes are deducted in transactions, making it easier for developers and users to navigate the system.
The world's largest crypto exchange Binance burned 1.048 billion Terra Luna Classic tokens in the 27th batch of its LUNC burn mechanism. With the latest Binance LUNC burn, the total tokens burned by the Terra Classic community reached almost 137 billion.
Terra Classic [LUNC] price has sparked fresh optimism within the crypto community following a bullish breakout from an ascending triangle pattern. This technical move suggests a potential rally, even as broader market corrections persist.