Terra Luna Classic Update: The Terra Luna Classic community has endorsed a significant proposal to revise the IBC client linking Terra Classic and Kujira (from version 07-tendermint-178 to 07-tendermint-246). This modification is expected to restore connectivity between the two blockchains. Consequently, it will unlock liquidity and release frozen funds, contributing positively to the ongoing revival … Read more
The new week has started with a market bounce back, according to CoinStats. SHIB/USD The rate of SHIB has increased by 2.59% over the last 24 hours. On the hourly chart, SHIB‘s price hovers around the middle, sandwiched between the support at $0.00002633 and resistance at $0.00002769. With much of the daily Average True Range … Read more
Litecoin (LTC), an early cryptocurrency, has reached a significant accomplishment – maintaining continuous operation for 12.5 years without interruption. This feat highlights the network’s robustness and dependability. “Litecoin has been consistently functioning for over 12 years without interruption,” the Litecoin (@Litecoin_X) team expressed joyfully on Twitter. Litecoin works. For 1️⃣2️⃣ & 1/2 years. 100% uptime. … Read more
In a recent funding event, individuals acquired the upcoming cryptocurrency TREAT, which is reportedly the last non-stable coin in the SHIB cryptocurrency ecosystem that has not been launched yet. Shiba Inu (SHIB) completes $12 million funding round backed by tier-1 VCs Shiba Inu (SHIB), an ecosystem of interconnected blockchain solutions on top of Ethereum (ETH), … Read more
Based on the analysis of cryptocurrency expert Ali, it’s possible that Bitcoin, the largest digital currency in terms of market value, could soon set $66,000 as a crucial support point due to a substantial build-up of Bitcoin holdings by numerous wallets. Approximately 1.54 million cryptocurrency wallets are recorded on the Bitcoin blockchain as having bought … Read more
The New York Stock Exchange (NYSE) is considering implementing continuous trading of stocks, similar to the cryptocurrency market. This potential change hinges on the results of a current survey among market players regarding the advantages and disadvantages of around-the-clock trading. Meanwhile, regulatory bodies are reviewing an application for the establishment of the first ever 24/7 … Read more
The Shiba Inu team made an important financial announcement: they raised $12 million by selling their new utility token, TREAT, in a funding round. This round was spearheaded by Animoca Brands, a Web3 investment firm, and attracted numerous investors specializing in blockchain technology. With this strong backing, the Shiba Inu team is now prepared to … Read more
Institutions have regained trust in the Bitcoin market following the halving event, leading to increases in the values of top cryptocurrencies and memecoins. Prior to the halving, there were net withdrawals from crypto assets as negative market sentiment grew due to economic concerns and miner activity. Despite the charts indicating most cryptocurrencies and meme coins … Read more
There’s been lots of talk among Bitcoin (BTC) enthusiasts online about a potential 1% wealth tax for large-holders of the cryptocurrency. This isn’t confirmed yet, but a letter to US President Joe Biden has fueled speculation and sparked significant interest. Rumored 1% wealth tax on crypto A false letter, believed to be penned by Senator … Read more
David Schwartz, the CTO of Ripple, has joined a debate centered around who gets to decide the use of hash power in the Bitcoin network. In reply to tweets, Schwartz raises an alternative viewpoint, challenging the assumption that those controlling the largest share of Bitcoin’s computational power have the right to claim the name for … Read more