Jupiter, a decentralized exchange aggregator, has received governance approval for a significant initiative to distribute $860 million worth of JUP tokens.
The crypto market recently experienced a sharp decline of almost 500 billion, while Bitcoin even shed about 8% of its value. However, the altcoin market saw almost a 10% to 20% dip. Amidst this turbulence, experts have accumulated 8 top altcoins with strong potential for gains in the next bullish cycle.
JUP seemed to be showing signs of a potential rebound after a sharp decline over a 24-hour period.
Over on Solana, the decentralized exchange (DEX) aggregator Jupiter has just approved a revised airdrop proposal after DAO voters rejected an initial plan for an airdrop of $1.7 billion in the exchange's native $JUP token. The initial vote failed after only 58% of votes approved of the initial plan.
Decentralized exchange aggregator Jupiter's governance has approved a proposal to airdrop $860 million worth of JUP tokens to community voters called Jupuary. The proposal, spearheaded by Jupiter founder Meow, aims at incentivizing long-term participation.
Jupiter token holders approved a pair of airdrops via a revised proposal, not long after rejecting a plan to hand out $1.7 billion in JUP.
Jupiter's founder, Meow, emphasized the importance of rewarding genuine users and preventing opportunistic ‘airdrop farmers' from exploiting the protocol.
The revised vote changed how tokens would be distributed to users with additional checks to prevent tokens from going to mercenary airdrop farmers.
The meme coin market is on fire, with billions of dollars in daily trades, and airdrops are helping new projects stand out. One of the most exciting airdrops right now comes from Jupiter, a top decentralized exchange (DEX) on Solana.
The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.
Jup's price action suggests mixed signals, leaving traders questioning whether the asset will rally or retreat.
TL;DR Jupiter Exchange has introduced iCloud Backup for crypto wallets, allowing users to securely back up recovery phrases and private keys to iCloud. The feature encrypts and saves wallet information to iCloud, accessible only by the user, providing an additional layer of protection for digital assets.
Now, Jupiter is making it easier than ever to keep your crypto safe with a new feature: iCloud Backup. This feature from Jupiter lets you securely back up your wallet's recovery phrases and private keys straight to iCloud.
The proposal introduces some important changes to make sure the event is fair, transparent, and rewarding for real users. The main goal is to get the community's feedback on these updates.
Bitcoin (BTC) is back above $96,000 after suffering a slight pullback which dragged the price to a low of $93,645 late on Tuesday. The cryptocurrency is marginally up over the past 24 hours and is trading around the $96,500 mark, consolidating between $94,000 and $98,000.
The Starknet Network has grown to a vibrant layer-two scaling solution on the Ethereum ecosystem with dozens of DeFi protocols.
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Jupiter, a decentralized exchange (DEX) built on the Solana blockchain, will revise its proposed airdrop plan after a governance vote failed to secure the necessary support.
Strike (STRK), a blockchain-powered lending and borrowing platform, is gaining significant attention. The live price of Strike currently stands at $10.05, with a market cap of over $54 million.
Starknet (STRK) is a promising blockchain project that has been gaining attention for its role in scaling Ethereum. As a Layer-2 scaling solution, Starknet aims to improve Ethereum's efficiency by enhancing transaction speeds, reducing fees, and maintaining the security Ethereum is known for.
Jupiter broke above a bull pattern and might be slowly moving towards $2 next!
Story Highlights The live price of Strike crypto is . The Strike price is expected to reach $19.12 in 2025. With a potential surge, the price may reach $174 by 2030. Strike is a decentralized finance (DeFi) protocol enabling users to lend and borrow cryptocurrencies without intermediaries.
With Bitcoin crossing above $91,000, crypto investors' rising risk appetites tease a bull run in altcoins. Amid the increasing demand, many have hit a new 52-week high, with the reversal rally gaining momentum.
The Jupuary vote could not secure the expected 70% supermajority in favor, with only 58% acceptance. A new proposal is in the works, with the vote expected after December 2.
Jupiter DAO voters did not approve a plan that would have rewarded users of the Solana exchange with a heap of JUP tokens.
Story Highlights The live price of Starknet crypto is . The Starknet price is expected to reach a high of $1.912 in 2025. With a potential surge, the price may achieve a top of $14.90 by 2030. Starknet, a Layer-2 scaling solution built on Ethereum, enhances the overall experience of an average Ethereum network user.
Starknet's (STRK) price has recently surged by nearly 80%, catching the attention of traders and analysts alike. This breakout marks a significant shift from a prolonged period of sideways price action, signaling the potential for further upside.
Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2.
With a newfound rally, the STRK price exceeds a long-standing sideways trend in a bull market. Following the breakout, the bulls anticipate a post-retest reversal on the horizon. Will the post-retest reversal in the STRK price trend result in a jump to the $0.
Starknet, an Ethereum Layer-2 scaling solution, has established the first phase of its staking mechanism
Starknet has launched its staking program for STRK tokens, becoming the first Ethereum layer-2 network to enable staking, according to a Nov. 26 statement shared with CryptoSlate. The program aims to empower token holders to participate in securing the network while earning rewards.
TL;DR Starknet has officially launched its native staking feature. Starting from November 26, users with at least 20,000 STRK tokens can participate in staking, while others can delegate their assets. Staking offers dynamic rewards in STRK tokens and a 21-day lockup period for withdrawing funds.
Jupiter DEX aggregator will run a community vote for establishing another Jupuary event in early 2026, followed by a similar airdrop in 2026. The event will demand a super-majority 'yes' vote of 70% to achieve community alignment.
Starknet has become the first layer 2 network to launch a staking framework, rolling out phase 1 of STRK staking on its mainnet.
Starknet launches staking with a 20,000 STRK minimum requirement for solo staking while enabling delegation for broader participation.
Jupiter is letting the community decide whether or not 1.4 billion JUP tokens—about $1.5 billion worth—should go towards future airdrops.
This week's crypto calendar is packed with major events, as Sonic Labs is about to launch its L1 mainnet, the Avalanche Etna update went live, Jupuary voting began for Jupiter, and more.
Asset management firm Bitwise is deepening its role in the Ethereum ecosystem with its recent support for Starknet (STRK) layer 2 solution. The recent revealed it will support Starknet as the protocol moves to become the first L2 to enable staking for STRK.
Bitcoin (BTC) surged to a new all-time high early today as it rose to $97,000 before losing momentum and registering a marginal decline to fall to its current level. The world's largest cryptocurrency is up almost 3% over the past few hours as it maintains its rally despite facing recent selling pressure, with analysts expecting a move past $95,000 is imminent and could happen within a couple of sessions.
Tomorrow, November 15, 2024, Starknet will unlock 64 million STRK tokens, which is about 3.95% of its total circulating supply. This unlock is important because it allows early contributors and investors to access funds that were previously locked away.
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.
Jupiter (JUP) has recently been a standout performer in the crypto market, showcasing an impressive gain of 45.85% over the past month. Despite this rally, the token encountered significant selling pressure as it struggled to break above a key resistance level.
The recent rally in Jupiter price (JUP) has gained substantial attention in the cryptocurrency market, as the token climbed 29% within a week to reach $1.20. This sharp increase has raised questions about the potential for continued upward momentum, with indicators suggesting that further growth could push JUP Price towards the $1.8 mark.
A resistance level could delay a bullish trend from forming on Jupiter's chart.
As one of the top-performing Solana-based DeFi protocols with rising TVL, Jupiter (JUP) witnessed a ~35% price rally. With the altcoin reclaiming the $1 psychological mark, the uptrend eyes a bullish extension.
Ethereum's co-founder Vitalik Buterin deposits 2.09 million STRK tokens on Binance.
TL;DR Vitalik Buterin deposited 2.09 million STRK tokens on Binance, resulting in a loss of approximately $714,000. This deposit follows its investment in StarkNet's seed funding round in 2018. The STRK transfer was made when the tokens were worth $799,000, while five months ago they were worth $1.51 million.