Terra

The search for the next lucrative investment opportunity does not cease in the crypto space. With new projects developing, investors are in hot pursuit of such opportunities, which they feel will bring them considerable returns. One such opportunity that has caught the eyes of market experts is Rexas Finance (RXS), which works for the revolution in real-world asset (RWA) tokenization. Now, it is priced below $0.08, and many believe that by  Rexas Finance can become one of the top 10…

POPCAT has achieved a remarkable milestone by surging past its all-time high of $1.0094, igniting excitement among traders and investors alike. This breakout signals a powerful bullish momentum, prompting a re-evaluation of the asset’s potential for further gains. As the market reacts to this significant price movement, understanding the underlying technical factors and market dynamics is crucial for forecasting future price action.  In this technical breakdown, we will analyze the recent surge of POPCAT past its previous all-time high of…

The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies. The implications for market dynamics could be profound as investor enthusiasm diminishes. Declining Active Addresses According to the latest stats from CryptoQuant, Bitcoin’s active addresses have contracted by about 1.17 million to 855,000, whereas Ethereum has reduced by about 382,000 to…

Making headlines in the crypto scene last week, Dogecoin (DOGE) jumped an astounding 20% in a few days. Renowned for its meme beginnings and devoted following, the coin moved from $0.10745 to a peak of $0.13080. Many people were perplexed by this surprising surge and questioned what might have produced such a sharp change. ‘No Idea’ Prominent for his sardonic views on the crypto market, co-creator Billy Markus answered nothing. Emphasizing the erratic character of cryptocurrencies, he said he had…

The stablecoin market has achieved a remarkable milestone, reaching a total market capitalization of $170 billion. This figure has not been observed since the collapse of TerraUSD (UST) in May 2022. According to data from DeFiLlama, this marks a 42.86% increase from the $119.1 billion market capitalization in November 2023. Analyst Explains How Rising Stablecoin Supply is Bullish For Bitcoin Driving this resurgence are the top three USD-pegged stablecoins – Tether (USDT), with a market cap of $118.43 billion; USD…

The post Terra (LUNA) Price is Surging! Will it Make it to $0.5 in the Next 24 Hours? appeared first on Coinpedia Fintech News The lost altcoin, Terra, is slowly gaining momentum as the bulls appear to have become slightly sure of the upcoming trend. The price has rebounded from the same support zone, which it had flipped multiple times in the past couple of months. The buyers appear to have become optimistic over the next price action, and hence…

The post Ripple vs. SEC Lawsuit Update: What’s Next as Appeal Deadline Nears? appeared first on Coinpedia Fintech News Ripple and the XRP community are enjoying a partial win in their clash with the SEC, but the drama might not be over! As the deadline for the SEC to appeal looms, tensions could rise again. Will things heat up?  Keep reading to find out!  In a recent X post, attorney Jeremy Hogan speculated that the SEC might still be undecided…

The post XRP News: Raoul Pal’s Bold Claim—Is XRP Price Facing Its Biggest Crisis Yet? appeared first on Coinpedia Fintech News XRP’s journey to widespread adoption and hitting the $100 mark has been hindered by misinformation and negative sentiment. In a recent video analysis, crypto analyst Levi took a critical look at Raoul Pal, a well-known figure in the cryptocurrency space, who has voiced skepticism about XRP. Pal’s critique, suggesting that XRP is bogged down by outdated narratives and labeling…

The post XRP News Today: Is Ripple vs SEC Lawsuit Truly Over? Could a Surprising Appeal Turn the Tides? appeared first on Coinpedia Fintech News Is the SEC vs Ripple Case “REALLY” Over? Pro-XRP lawyer Bill Morgan has in his series of X posts voiced increasing doubts about the U.S. SEC’s likelihood of appealing the recent Ripple summary judgment. Morgan hints that an appeal might be off the table if the decision is strictly about legal matters. He’s spotlighting the…

The post TERRA LUNA Price Prediction 2024, 2025, 2030: Will LUNA 2.0 Hit $1 In 2024? appeared first on Coinpedia Fintech News Story Highlights The live price of the LUNA token is  $ 0.00000000. LUNA price might hit a maximum of  $0.72 during 2024. Terra LUNA 2.0 price with a potential surge could go as high as $3.77 by 2030. Terra LUNA Classic was amongst the most rapidly growing digital currencies of all time that swept the cryptocurrency market. The de-peg…

The post Terraform Labs Sparks LUNA and LUNC Price Rally with Key Hearing Date appeared first on Coinpedia Fintech News LUNA and LUNC prices briefly moved upward following a crucial announcement from Terraform Labs. LUNA is trading at $0.3289, reflecting a 0.50% increase, while LUNC climbed 2% to $0.000082. The surge in trading volume suggests growing interest among traders as the company prepares for significant developments. But what’s causing the surge today? Read on. Terraform Labs Sets September 19 for…

For those who are unfamiliar with the idea, navigating the world of Ethereum casino gaming may be both thrilling and intimidating. Ethereum has gained appeal as a cryptocurrency due to its ability to provide gamers with a more secure and decentralized online gaming experience. But there are a lot of hazards and factors to take in mind, and the terrain can be complicated. This article is intended to assist you in entering Ethereum casinos securely and confidently. It offers you…

The post XRP And Three Other Altcoins To Stack Before ‘New Altcoin Season’ appeared first on Coinpedia Fintech News While Bitcoin is busy with its attempt to reclaim $60k levels, attention is now turning to altcoins, which offer potential for big gains. Analyst Matthew Perry opened up about coins that represent a blend of established players and emerging contenders, each with their own story. Here’s the list: XRP: The coin, currently trading at $0.57 with a market cap of $32…

The post Three Arrows Capital Takes Legal Action Against Terraform Labs For $1.3 Billion appeared first on Coinpedia Fintech News The troubles for Terra seem unending! Recently, Three Arrows Capital (3AC) filed a $1.3 billion lawsuit against Terraform Labs to recover massive losses from the collapse of Luna and TerraUSD, according to Bloomberg. This lawsuit is linked to the dramatic events of 2022, when Terra’s ecosystem fell apart. Here’s all the key points you need to know. Allegations of Market…

Crypto analyst Javon Marks has again provided a bullish narrative for Terra Classic USD (USTC). This time, the analyst predicted that the ‘stablecoin’ could rise by over 360% and revealed when this parabolic run would happen.  When USTC Will Rise By Over 360% In a chart shared in an X (formerly Twitter) post, Marks suggested that USTC could begin its 360% parabolic run sometime this month and peak in September. The analyst explained that USTC is still holding a Bullish…

After Monday’s market crash, concerns about the stability of Bitcoin’s bull run have emerged. Yet, Ki Young Ju, founder and CEO of CryptoQuant, a leading blockchain analytics firm, maintains a positive outlook. He suggests that, despite the recent crash, on-chain data continues to support the notion that the bull market for Bitcoin remains intact. Bitcoin On-Chain Analysis: Bullish Arguments #1 Bitcoin Hashrate The Bitcoin hashrate, which gauges the computational power utilized in mining and processing transactions, is nearing an all-time…

The post Global Market Crash: Robinhood Halts Trading For 24 Hours! appeared first on Coinpedia Fintech News Not just crypto but the Global Stock markets are plunging.  Robinhood created waves in bearish crypto waters by hauling their 24 hour trading. This splits the community into two types of believers. There are some who are appreciating this move and the other who are calling it market manipulation. Let’s explore what exactly happened and what community is feeling. Robinhood’s Response to Market…

Over the past 24 hours, the crypto market has witnessed a severe downturn, with Bitcoin’s price tumbling down 15% to a low of $49,000 on Binance (BTC/USDT), marking a significant departure from its $70,000 high last week—a 26% crash. Similarly, Ethereum (ETH) plunged 39% from $3,400 to $2,100. This downward trend was not isolated but echoed across the altcoin spectrum, which experienced even steeper declines. #1 Recession Fears Cause Bitcoin Crash The initial spark for the current market volatility appears…

The post Weekly Crypto Hack Report: From Convergence Finance to Terra’s $5M Loss appeared first on Coinpedia Fintech News Dark days for the crypto community as major hacks have unveiled numerous weaknesses in various broad venues. The exploits have not only been costing pretty tangible financial repercussions but have also caused trust deficits in these platforms. Tune in with us as we work and bring them out for you in our week’s hack report! Convergence Finance Breach Convergence Finance was…

BitClout founder Nader Al-Naji faces SEC and DoJ charges for wire fraud and securities violations, Compound Finance is embroiled in a $24 million governance attack controversy, and the US government moved $2 billion worth of Bitcoin, causing a 4% drop in its value. Let’s find out more Bitcoin Only two days after presidential hopeful Donald Trump said at the Bitcoin 2024 conference that he would not move the US Silk Road $BTC, the government did just that, transferring $2 billion…

The Appellate Court of Montenegro has decided to extradite Terraform Labs founder Do Kwon to South Korea, rejecting a competing request from the United States. However, an extradition date has not been set.   Court Rulings and Legal Proceedings The Do Kwon tug-of-war continues between the U.S. and South Korea. The latest development in this battle of extradition has seen the scales tip towards the latter, as a Montenegran court has decided to extradite the Terraform Labs founder to his native…

The post Terraform Labs Founder Faces Justice: Do Kwon’s Extradition Confirmed! appeared first on Coinpedia Fintech News South Korea is set to receive Do Kwon’s extradition from Montenegro. The Appellate Court of Montenegro has issued a ruling confirming the decision earlier taken by the High Court of Podgorica to send him to his Native country, Instead of the U.S. Let’s explore the case development for Kwon’s Extradition. The Battle for Kwon’s Extradition After a long legal battle and competition between…

The post Terra Blockchain Hack: $6.8 Million Stolen, ASTRO Plummets 60% appeared first on Coinpedia Fintech News As the latest story in the blockchain industry, there has been a turn of events that have severely affected Terra and its users and investors with the company losing $6. 8 million. The attack, which took advantage of a reentrancy vulnerability in the network’s IBC hooks, begs questions about the security measures of the once-celebrated blockchain protocol. A web3 security firm, Cyvers Alerts…

Terra Classic (USTC) has made headlines with a 17% price increase. Trading and expert attention is currently on the token’s quick ascent. People assume a significant positive divergence caused the bullish momentum. Respected crypto expert Javon Marks has shown his positive view of Terra Classic. Marks posted recently on X expressing his opinion that the token may see a significant rise and estimating a target price of $0.08097. Should this optimistic projection materialize, the rise from the existing price would…