From my personal experience NEVER buy swapped tokens that have changed names, like matic to $POL and front to $SLF these are all ways to steal ur money.
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Massive Token Burn and Shuttle Bridge Closure: Terra Classic’s Final Chapter
In a definitive move to wind down its operations, Terraform Labs (TFL) has initiated significant steps to permanently reduce the circulating supply of LUNC and USTC. Following a court directive as part of TFL’s Chapter 11 case, a major token burn event was conducted, coupled with the permanent closure of the Shuttle Bridge. These actions mark the beginning of the end for TFL’s involvement, signaling a transition toward a community-led Terra Classic. Notably, this is just the beginning—additional
People dumping $MATIC due to Binance warning of token removal should stop and read further.
On September 4th, the long-awaited upgrade from $MATIC to $POL continues. In the initial phase, $POL replaces $MATIC as the native gas and staking token for the Polygon PoS network. In subsequent phases, $POL will serve a crucial role in the AggLayer.
Binance will support the migration, which will happen on September 10th.
BTC/USDT Technical Analysis: Market Indicates Possible Consolidation
The BTC/USDT pair has been showing signs of stabilization after a recent upward movement, with the current price hovering around 61,158.88 USDT, representing a 0.33% increase in the last 24 hours. Although Bitcoin reached a high of 61,470.58 USDT in the period, the market appears to be entering a consolidation phase, with some technical indications suggesting a possible reversal.
Technical Indicators in Focus
- Parabolic SAR: The proximity of the SAR dots to the candlesticks suggests that the strength of the recent uptrend may be waning, signaling caution to investors.
- Moving Averages (MA): The 5- and 10-period moving averages (MA(5) and MA(10)) are moving closer together. Although MA(5) is still above MA(10), the impending crossover could indicate the beginning of a bearish movement.
- RSI: With an RSI of 45.45 for the 12-hour period, the asset is neither overbought nor oversold. However, a more recent reading of 55.33 indicates a slight increase in buying pressure, although not yet very convincing.
What Does This Mean for Traders?
This is a crucial time for BTC/USDT traders. The possibility of a consolidation or even a trend reversal suggests that strategic adjustments to positions may be necessary. Close monitoring of moving average crossovers and the evolution of the RSI will be essential to identify the next significant market move.
With trading volume at 9,932.34 BTC in the last 24 hours, market activity remains robust, but caution is advised until the future direction becomes clearer.
Crypto Market: Recovery in Sight? Analysis of Whales and Recent Volatility
The cryptocurrency market started the week under strong selling pressure, but signs of recovery have begun to appear. Bitcoin (BTC), which has seen a cumulative drop of more than 4% in recent days, is showing a recovery movement this Thursday (8). Despite the losses, the stabilization of the market brings a breath of relief to investors.
On the other hand, Ethereum (ETH) has been the worst-performing cryptocurrency among the ten largest in the world. Altcoin volatility remains high, and ETH has recorded an impressive drop of 16.3% in the last seven days. This movement reflects the uncertainty and behavior of different types of investors in the market.
According to Julio Moreno, head of research at CryptoQuant, most of the selling pressure comes from “young whales” — large investors who have recently entered the market and are more sensitive to fluctuations. In contrast, “old whales,” investors who have held large amounts of crypto assets for a longer period of time, are not dumping their positions. This behavior suggests that, despite the recent declines, long-term investors remain optimistic. This distinction between new and old investors is crucial. While new investors tend to react quickly to declines, exacerbating volatility, more experienced investors seem to trust in the long-term resilience of the market. With the macroeconomic scenario stabilizing, analysts expect the market to continue its recovery path. However, it is important to remember that the crypto market is highly volatile and unpredictable, which requires extra attention from investors.
Keep an eye on the next moves and prepare for what’s coming!
The recent crypto market slump, especially sharply in yesterday’s crash, can be attributed to a combination of factors. Stricter regulatory policies imposed by several countries, central banks’ decisions to raise interest rates, and the ongoing volatility inherent in the cryptocurrency market have all played crucial roles. In addition, recent geopolitical events and global economic uncertainty have contributed significantly to the loss of investor confidence.
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Yesterday, David Goebelt of LBUN Project took X by storm with the announcement of a land parcel tokenization protocol that is going to be deployed on Terra Classic blockchain.
What is LandRush Protocol? The LandRush Protocol is a groundbreaking initiative that leverages the Terra Classic blockchain to tokenize real-world assets. It allows users to own and manage actual parcels of land through the issuance of Land Rush Tokens (LRT) and Acre NFTs. This protocol aims to provide tangible value and
Unexpected Turn of Events After Exchange Hack: BTCTurk Delists LUNC
In an unexpected development following a recent cyberattack, BTCTurk has announced the delisting of Luna Classic (LUNC) from its platform. This decision comes amid significant market activity and security concerns. Here's what you need to know: This decision does not affect other nine cryptocurrencies listed on BTCTurk affected by the attack. Transactions will continue as usual, adhering to the same security principles, including those impacted by the recent cyberattack. This announcement marks
In light of the recent hack, should @BtcTurk_Global step in to buy back the assets dumped by hackers on the open market? #btctürk #CryptoHack #LUNC #AVAX #CryptoCommunity
In a yet another X’s Space discussion, Terraform Labs CEO Chris Amani further elaborated upon the handling of TFL and LFG fund. Key insights were shared, focusing on transparency, process timelines, and community involvement. Here are the essential updates:
Wallet Transparency and Burning Process The meeting commenced with a clear intent to address the community’s concerns swiftly. One of the primary questions was whether Terraform Labs (TFL) would assist in identifying and burning LUNC and US
BREAKING: Sell Off of Over 350,000,000,000 $LUNC Amid Suspected Cyberattack on BTCTurk
Major Sell-Off in the $LUNC Community Raises Alarm In a dramatic turn of events, the Luna Classic ($LUNC) community witnessed a massive sell-off early today, potentially linked to a cyberattack on the exchange BTCTurk. At 02:03 UTC, a staggering 325,462,929,110 $LUNC was withdrawn from a wallet believed to be associated with BTCTurk (terra14s5eqfppup8ymjywf3devy8gy75nsrqkq3utjj). This withdrawal set off a series of large deposits to this wallet, followed by multiple withdrawals.
Handling of TFL and LFG Funds: Key Points from the X’s Space ft Chris Amani
In a recent discussion over X, the handling of Luna Classic (LUNC) and associated tokens held by TFL and LFG was a primary focus. Key insights were shared, providing clarity on the future of these funds. Here are the essential takeaways: Funds Holding and Burning A question was raised by a community member about whether the LUNC and USTC funds held by the Luna Foundation Guard (LFG) would be burned. The response clarified that the agreed settlement involves destroying the keys to the wallets hol
BNB Surpasses 710 USDT with a 13.00% Increase in 24 Hours
On June 5, 2024, at 01:30 (UTC), according to Binance Market Data, BNB surpassed the benchmark of 710 USDT and is now trading at 710 USDT, marking a 13.00% increase in the past 24 hours.
Over the past week, BNB has shown a remarkable upward trend, experiencing a total increase of 25%. This surge can be attributed to several key factors that have bolstered investor confidence and driven demand for the token.
1. Recent Launchpads - Binance has successfully launched several new projects on its Launchpad platform, drawing significant attention from the crypto community. These launchpads have not only introduced promising new tokens but have also increased the utility and demand for BNB, which is used for participating in these events.
2. Future MegaDrops Events - MegaDrops events are expected to be major catalysts for further growth. These events typically involve the distribution of large amounts of new tokens to BNB holders, creating additional incentives for holding and acquiring BNB.
3. General Market Sentiment - Positive sentiment in the broader cryptocurrency market has also contributed to BNB's rise. As major cryptocurrencies like Bitcoin and Ethereum have rallied, BNB has benefited from the overall bullish trend.
Recent Data for BNB
- Current Price: 710 USDT - Market Value: $120 billion - Trading Volume in the Last 24h: $5 billion
Looking Ahead
With the successful execution of recent launchpads and the anticipation of future MegaDrops, BNB is positioned for continued growth. Investors are closely watching these developments, as they have the potential to drive even greater demand and value for BNB.
Stay tuned for more updates on BNB's performance and upcoming events in the crypto market.
Terra Luna Classic v3.0.1 Upgrade The Terra Luna Classic blockchain, a layer 1 platform, is preparing for a significant upgrade to version 3.0.1. The proposal, submitted by Genuine Labs, received unanimous approval from the community and validators, paving the way for a major overhaul of the network.
Key Improvements in the V3.0.1 Upgrade 1. Cosmos SDK v0.47 - An important update to the software development kit, improving the overall performance and functionality of the network. It facilitates the creation and implementation of decentralized applications (dApps). 2. wasmd v0.45 - Enhances the execution of smart contracts, ensuring faster and more secure operations, thus increasing the reliability and efficiency of the network. 3. ibc-go v7 - Facilitates interaction between different blockchain networks, allowing for smoother and more efficient interoperability.
Market Impact 1. Adoption and Growth - The significant improvements could attract more developers and users to the platform, driving the adoption and growth of the Terra Luna Classic network.
2. Investor Confidence - A more robust and functional network can increase investor confidence in LUNC, potentially raising its market value and trading volume.
Recent Data for LUNC Token - Current Price: $0.00012 - Market Value: $800 million - Trading Volume in the Last 24h: $50 million
Stay tuned to our networks for more updates and get ready to explore new possibilities with Terra Luna Classic.
The Terra Luna Classic blockchain, a layer 1 platform, is preparing for a significant upgrade to version 3.0.1. The proposal, submitted by Genuine Labs, received unanimous approval from the community and validators, paving the way for a major overhaul of the network. ### Key Improvements in the V3.0.1 Upgrade 1. Cosmos SDK v0.47 - An important update to the software development kit, improving the overall performance and functionality of the network. It facilitates the creation and implementat
Big Update for Bitcoin Investors: Bitcoin Core 28.0 Launches
The Bitcoin community is excited about the upcoming release of Bitcoin Core 28.0, a significant update that promises to bring crucial improvements to the Bitcoin network. The new upgrade, announced on June 1, introduces several technical changes designed to increase the efficiency, security and functionality of the system. Here are the highlights of this revolutionary update:
Main Improvements of Bitcoin Core 28.0
1. Performance Optimization • The new version includes optimizations that improve synchronization speed and overall network efficiency. This means that network nodes will be able to process transactions faster and with less resource consumption. 2. Enhanced Security • With new layers of security, Bitcoin Core 28.0 strengthens protection against network attacks and known vulnerabilities. This provides users with greater confidence in the integrity and security of their transactions. 3. User Interface Improvements • The user interface has been refined to make interaction more intuitive and friendly, making it easier to use for both beginners and experienced users. 4. Support for New Privacy Features • The upgrade incorporates new features focused on transaction privacy, such as the improvement of CoinJoin, which allows the mixing of transactions to make it more difficult to track them. 5. Compatibility with SegWit and Taproot • Bitcoin Core 28.0 offers full support for SegWit and Taproot, two important updates that improve scalability and transaction privacy. These improvements help reduce fees and increase transaction capacity per block.
Recent BTC Token Data
• Current Price: $67,550 • Market Value: $540 billion • Trading Volume in the Last 24h: $45 billion #Bitcoin#BitcoinCore28#Cryptoactives#Blockchain#Investment#FinanceMarket
Ether (ETH) ETFs in the United States have a "legitimate possibility" of launching by the end of June, according to analysts, after BlackRock updated a crucial document required for the launch.
On May 29, BlackRock updated its Form S-1 for the iShares Ethereum Trust (ETHA) with the SEC, nearly a week after the regulator approved its Form 19b-4 — both need approval for the ETF to begin trading. negotiated. This update indicates that issuers and the SEC are working toward launches of spot Ethereum ETFs.
Latest ETH token data - Current price: $3,784 - Market value: $450 billion - Trading volume in the last 24h: $35 billion
Get ready for this revolution in the crypto market and stay tuned to our networks for more updates! 🚀🔔 #Ethereum#EthereumETF#BlackRock#Investment#Cryptoactives#Web3#Blockchain#Finance Market
Starting **30/05/2024 at 12:00 (BRT)**, Binance is launching a new trading pair on Binance Spot: NEAR/BRL
For those of you looking to diversify your operations and take advantage of the crypto market in Brazil, this is the perfect opportunity! Furthermore, we are enabling Trading Bot services for the NEAR/BRL pair, allowing you to use spot algorithmic orders automatically and efficiently. 🤖📈
Latest NEAR token data - Market value: $1.5 billion - Trading volume in the last 24 hours: $250 million
Don't miss this chance to improve your trading strategies and enhance your investments. Get ready for this news and keep an eye on our networks for more updates! #BinanceBrasil#Trading#Criptoativos#NEARBRL#Investimento#TradingBots #CriptoBrasil