In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
An initiative to raise the burn tax to 1.5 percent was shot down by the Terra Luna Classic community. Regular suggestions to change the burn tax, particularly to raise its amount, have been met with community members’ dissatisfaction. Members of the Terra Luna Classic (LUNC) community have spoken out against
Users of the now-defunct Earn lending program have started to get their funds via cryptocurrency exchange Gemini. A statement on May 29 states that members of Gemini’s Earn program received $2.18 billion in digital assets, which amounts to 97% of the assets owed to them and a 232% recovery after
Despite the intraday weakness in the market, as Bitcoin and Ethereum struggle to maintain their positions, the Solana (SOL) price trend sustains an optimistic outlook. Even with a bearish closing to last week, the SOL price has managed to hold above the crucial $160 mark, offering a bullish perspective. The
Notcoin, was launched in the telegram Open Network (TON) on May 16. It is Binance’s 54th launchpool project. Since its launch, the community-driven token has exhibited a positive market price performance. In the past 24 hours, it has surged by a notable 37.90% becoming one of the top gainers in
In a significant development, wallets associated with the defunct cryptocurrency exchange Mt. Gox have transferred a substantial amount of Bitcoin. Data from Arkham Intelligence reveals that approximately 43,000 Bitcoin, valued at $3 billion, were moved on May 28. This marks the first such transfer in five years and signals a
Uniswap (UNI), the governance token of the decentralized exchange Uniswap, has recently experienced a significant price rally, gaining 42% in a 7-day period. However, the token’s price action has turned negative, with a 24-hour drop of 4.79%, currently trading at $10.99. Additionally, Uniswap’s 24-hour trading volume has decreased by 36.5%
The crypto sector has experienced optimistic waves since last week. With price recoveries and upward streaks multiple altcoin sectors have drawn investors’ interest. In the meme coin sector, Pepe (PEPE) has become a prime focus, as it sustains last week’s upward rally into this week, increasing by 79.94%. Notably, according
Ethereum (ETH) is currently experiencing upward momentum, trading at $3,912 with a notable 4.50% surge and a substantial 78% increase in trading volume. This recent bullish activity follows ETH’s achievement of a ten-week high at $3,949 three days ago. ETH is now consolidating near $3,850 and is poised for an
Ethereum (ETH) price witnessed an impressive upsurge in the past seven days, instigated by the SEC’s spot ETH ETF approval. As the week draws to a close, with the ETH approval not priced in yet, ETH struggles to surpass the $3,700 mark. Prices hit a monthly high of $3.9K on
Mixed reactions have been elicited by a new advertisement by Algorand foundation, which criticizes Bitcoin, Ethereum, and Solana, claiming that they are unfit for payment purposes. The commercial sparked quite a commotion due to its immense social media exposure and criticism of competition. A new commercial from the Algorand Foundation
