The price of Terra’s $LUNA tokens has mysteriously shot up over the last few hours to now trade above the $5.9 mark, leaving most traders puzzled as to what is going on with the price of the cryptocurrency. According to data from CryptoCompare, Terra’s trading volume suddenly exploded...
One of the top GameFi wallets, MetaPocket, has recently announced its new move to partner with Salad-Ventures-backed Arcaden. Despite the recent GameFi value crash, millions of tokens are still being held by people around the world, with nowhere to spend while odds- based crypto games are still growing strong. In response to the market trend, MetaPocket is now teaming up with Arcaden, a perfectly placed solution for this current market. Arcaden is a new Web3 utility arcade based on blockchain...
Shiba Inu [SHIB] price action delivers a major price move every once in a while. It has been relatively dormant until the end of August. But there was a notable increase in price activity in the first week of September. New observations indicate an increase in whale activity as the bears ease off on their attack. SHIB kicked off the week on a bearish tone which yielded a slight downside towards mid-week. It then tested support near August lows after dropping...
The U.S. Treasury and OFAC are facing a civil action complaint from investors due to its proscription of mixer Tornado Cash. The Tornado Cash ban has sparked outrage from the broader cryptocurrency community, as concerns of censorship emerge. Recently, six individuals have chosen to do something about the act.
The cryptocurrency market, since its inception, has been open to doubt and speculation. Just recently, two U.S. Federal Reserve officials have asked for additional laws to be formed especially for stablecoins. Cryptocurrency activities require more regulatory control, according to Michael Barr who stands to be a former Ripple Labs consultant and vice chairman for supervision at the U.S. Federal Reserve. At a Brookings Institution event on 7 September, Barr stated that the Fed will collaborate with other bank authorities to monitor...
On Wednesday (September 7), crypto exchange KuCoin announced support for the 1.2% tax burn proposal of the Terra Clasic ($LUNC) community if “the proposal is officially approved and implemented” on the Terra Classic mainnet.
Litecoin [LTC] experienced some selling pressure at the start of the week as the bears took over market dominance. The resulting downside has subsequently pushed LTC towards its August support level, thus entering an uncertainty zone. The level of uncertainty among Litecoin’s investors is evident in its supply distribution. Whales holding between 100,000 and one million LTC coins increased their balances in the last two days. In contrast, addresses holding between 10,000 and 100,000 LTC coins registered outflows during the same...
The gaming industry is extremely popular among youngsters. The same goes for the crypto industry. Together these high-yielding industries have become the center of attraction not only for the youth but also for capitalists looking for fruitful investments. An innovative idea that has surfaced recently is the creation of a universe that allows you to play games, earn $WVT, create NFTs, compete with other gamers, and trade with other gamers. A Dive into Veses' Universe Imagine a universe that allows you...
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