Terra Classic (LUNC) price has been on a downward trend recently and has outperformed almost every cryptocurrency on the market over the past month. The price rose more than 300% in 30 days, pushing its market capitalization past $1.5 billion once again. As the coin continues to outperform, it becomes more likely that it will return to its previous all-time high market capitalization. LUNC price hits one-year high. Following the collapse of Terra in 2022, the price of LUNC (then known as LUNA) plummeted from over $100 to less than $0. This continued through last year, especially with LUNC supply…
Author: Crypto Flexs
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JPMorgan CEO Jamie Dimon’s recent comments that Bitcoin is primarily used for criminal activity sparked criticism, with cryptocurrency enthusiasts highlighting the bank’s own history of legal troubles. Dimon told the U.S. Banking Committee that Bitcoin’s “only real use case” is for criminals, highlighting money laundering, drug trafficking and tax evasion. Cryptocurrency advocates have been quick to point out what appears to be hypocrisy, citing JPMorgan’s track record of imposing fines totaling $39.3 billion for 272 violations since 2000. Since taking over as CEO in 2005, Dimon has faced backlash on Twitter, and many have noted the irony: his statement.JPMorgan’s Troubled…
Yat Siu, one of the co-founders of Animoca Brands, believes that 2024 will be a profitable year for the company. He attributes this success to the strategic investments and collaborations the company will pursue. The growing interest in Bitcoin from mainstream institutions is consistent with this optimistic outlook. Animoca Brands has made over 70 investments in 2023, and Yat Siu expects these expenditures to yield good results in the coming years. The company is positioned to take advantage of a variety of development possibilities. blockchain The same goes for the cryptocurrency industry thanks to its aggressive investment approach. Among the…
Is a game without bots still a game? Pixel CEO doesn’t think so Some people believe that bots in games are a sign of the apocalypse, or perhaps their creators are just trying to fill a void to gain popularity. But Pixels founder and CEO Luke Barwikowski says, on the other hand, if people aren’t trying to populate their games with bots, it’s probably because games aren’t exactly the hot topic. “If people aren’t trying to bot a game, it’s not because they can’t, it’s because they don’t care enough to play it.” According to Barwikowski, if you make a…
Babylon, a Bitcoin staking protocol in development, has raised $18 million in a Series A funding round co-led by Polychain Capital and Hack VC.Other investors in this round include Framework Ventures; polygon Matic -1.54% Ventures, Castle Island Ventures, OKX Ventures and Symbolic Capital, among others, told Babylon on Thursday. “The project started raising funding in late July,” David Tse, co-founder of Babylon and an engineering professor at Stanford University, told The Block. “It just closed.”It was an equity and token warrant round with the same structure as Babylon’s $8 million seed funding round disclosed in March, Tse said. He declined…
A widely respected cryptocurrency analyst says smart contract platform Solana (SOL) has more room to operate after posting triple-digit profits so far this year. Cryptocurrency trader Bluntz says 230,500 followers on social media platform Bluntz said Solana, when paired with Bitcoin, formed a bullish setup. A strategist who applies Elliott Wave theory to technical analysis says the Solana/Bitcoin pair (SOL/BTC) has completed a bearish 5-wave pattern and is on the cusp of a move that could result in a rally of more than 100%. 41%. According to Elliott Wave Theory, sub-waves can be used to identify potential turning points in…
join us telegram A channel to stay up to date on breaking news coverage Pre-sales for Chimpzee are wrapping up quickly. The 16-episode pre-sale journey will end in less than a week. There has been a noticeable surge in investor enthusiasm around $CHMPZ. This can largely be explained by the increased media coverage of the project. Why are investors flocking to CHMPZ presale? Forecasts indicate that $CHMPZ is likely to surge between 800% and 3000% depending on broader market conditions. In this article, we’ll look at some of the key reasons why Chimpzee will potentially gain attention as it launches.…
Cryptocurrency markets are filled with optimism this week as Bitcoin and major altcoins recover from recent bear markets. mat hoganBitwise Asset Management’s Chief Investment Officer added to the enthusiasm in a recent interview, predicting Bitcoin will surge to all-time highs. key point ITwise CIO Matt Hougan predicts Bitcoin will hit a new all-time high amid the ongoing cryptocurrency market rally. Key drivers include expectations for a Bitcoin spot ETF, low interest rates, and unprecedented institutional investment. Hougan believes that an influx of “big money” from major financial institutions will fuel further rises in the price of BTC. He claims that…
JAN3, a leading Bitcoin technology company, has unveiled its latest venture, JAN3 Financial, which aims to onboard nations and high-net-worth individuals to Bitcoin, according to a press release sent to Bitcoin Magazine. The move is aimed at addressing the growing demand to acquire and secure Bitcoin among countries, public institutions, corporations and high-net-worth individuals. “Countries and companies need powerful means to acquire Bitcoin. We can provide customized solutions to accumulate Bitcoin reserves,” said Samson Mow, CEO of JAN3. “The JAN3 team’s expertise uniquely positions us to meet the distinct needs of our national customers, providing unparalleled solutions for Bitcoin acquisition,…
EUR CoinVertible (EURCV), the first euro-pegged stablecoin, was launched by Société Générale, France’s third largest bank, marking a significant milestone for the banking industry. This new achievement marks the beginning of a new era in the European stablecoin landscape and marks an important milestone in the integration of traditional finance (tradFi) and digital assets. In an effort to bridge the gap that exists between traditional capital markets and digital assets, SG Forge, the cryptocurrency arm of Société Générale, created EURCV. Our goal is to bridge the gap. Its value extends beyond the platform provided by Société Générale to make it…