altcoins
The Terra Luna Classic (LUNC) community expects impressive price actions from the altcoin in the upcoming sessions. Binance exchange will destroy massive amounts of LUNC next week as part of the ongoing burn campaign. The recent burn saw LUNC’s supply plunging to 6.78 trillion, with massive trading volume. Scarcity in the financial markets is a recipe for increased demand. Moreover, delegators have significantly staked with LUNC validators, pushing the overall staked tokens to more than 1 trillion. Terra Luna Classic awaits massive token burnThe LUNC community awaits an enormous token burn fro...
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Le marché des crypto-monnaies a démarré la semaine en affichant des tendances baissières alors que le prix du Bitcoin a plongé à 60 000 $. Alors que des éléments macroéconomiques tels que les perspectives de la Fed sur les taux d’intérêt ont nui aux sentiments du marché, les mises à jour sur la liquidation par Mt. Gox de BTC et de BCH pour rembourser les créanciers ont amplifié l’instabilité du marché. Cependant, les pièces de mème basées sur Solana ont inversé la tendance et MAGA Puss ($PUSS) a rejoint le marché le 26 juin pour capitaliser sur les reprises imminentes. Les jetons de mème de So...
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Crypto exchange Binance unveiled a crucial announcement to users in the United Arab Emirates. After acquiring the VASP certificate from Dubai’s Virtual Assets Regulatory Authority, the trading firm has revealed how users can migrate to the licensed Binance FZE exchange. Next stage: account transitionMeanwhile, Binance unveiled the account transition process for UAE users on 26 June. Residents can now migrate their accounts from the global exchange to Binance FZE. Users should complete KYC authentication (requested via email) to qualify. They have up to 15 December 2024 for this transition. The...
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The Cardano (ADA) network encountered a distributed denial of service (DDoS) attack late on Tuesday. The perpetrators intended to steal assets staked on the blockchain. The attackers wanted to disrupt services by overwhelming the ADA network with massive spam transactions. Details show the incident began at block 10,487,530, where each transaction executed 194 smart contracts. The hacker spent 0.9 ADA for each transfer and filed blocks with immense transactions to overwhelm the blockchain. Nevertheless, the network faced no damage as developers successfully mitigated the incident. The Cardano ...
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The Solana Foundation launched the Blinks and Actions feature on the blockchain on Tuesday, connecting “Solana to the entire internet.” The new functionalities, designed to put cryptocurrency back into social media, will enable players to transact crypto on any website. That comes as the network looks to make digital asset transactions intuitive and more seamless. The move aims to democratize cryptocurrency trading through day-to-day internet usage. Any website with a URL can support this feature, making crypto accessible to any internet user. According to Solana’s head of engineering Jon Wong...
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The cryptocurrency market kick-started the week with bearish tendencies as Bitcoin plunged to $60K. While macro elements such as the Fed’s outlook on interest rates injured sentiments, updates about Mt. Gox liquidating BTC and BCH to repay creditors magnified market instability. However, Solana-based meme cryptos reversed the trend, and MAGA Puss ($PUSS) joined the market on June 26 to capitalize on the imminent solid recoveries. Solana meme tokens lead the upsideThemed digital tokens continue to outperform the market. While Bitcoin and Ethereum gained 1.13% and 0.89% in the past day, top Sola...
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Meme coins Super Trump (STRUMP) and Pepe (PEPE) have staged significant recoveries, rebounding from the June 24 plunge. While STRUMP’s recovery is pegged on former President Donald Trump’s political movements, Pepe’s price is hinged on positive market sentiments. Super Trump (STRUMP) recovers all previous lossesAfter dropping to $0.01093 on June 24, Super Trump (STRUMP) coin has rebounded to $0.01601 at press time, representing a 46% surge in two days. Today alone, STRUMP price has gained 26%, signifying the growing bullish momentum for the meme coin. The Super Trump Coin, just like other Trum...
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Fetch.ai (FET) and Injective (INJ) defied the current bearish markets with significant price increases over the past day. Monday’s X post from Injective about “something brewing” with Fetch.ai catalyzed recoveries for the altcoins within the last 24 hours. Injective’s post feature the company’s logos with a wavy line connecting them. That indicates an exchange of data between the duo. Despite the few details, crypto enthusiasts interpreted the image as signaling a strategic partnership between Injective and Fetch.ai. Market responseWhile the community awaits further details on the planned alli...
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Cardano (ADA) has significantly boosted as renowned cryptocurrency analytics platforms Dex Screener and Dex Tools integrated the altcoin. Market analyst Crypto Capital revealed the optimistic updates to the Cardano community on Tuesday. Watch here: https://www.youtube.com/embed/NLyIymKFb0k?feature=oembed The deal will enhance Cardano’s visibility in the marketplace and attract new users to the blockchain. Meanwhile, the integration news comes as Cardano experiences increasing interest from crypto enthusiasts. Enhanced accessibility and visibility will help the ADA blockchain attract more inves...
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Two whales caught the crypto community’s attention with significant meme coin deposits to the crypto exchange Binance. The transactions triggered speculations among cryptocurrency enthusiasts. Are whales quitting to avoid upcoming declines? Whale moves SHIB & PEPE worth millions of dollarsAccording to Spot on Chain, wallet Ox42a moved 1.088 trillion Shiba Inu tokens (worth approximately $18.12 million) to Binance. The investors accumulated the assets in November-December 2023. Bears dominated the markets (at the time), and the trader’s dip-buy strategy worked. The whale made around $8 million ...
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