Terra Luna Classic is considering a proposal to restore interblockchain communication (IBC) with the Osmosis protocol. This initiative aims to recover liquidity for LUNC and USTC tokens. If approved, transfers between Terra Luna Classic and Osmosis would resume under the Client ID 07-tendermint-12 on columbus-5, which references the expired Osmosis validator set. Proposal to Reactivate…
The crypto world wrapped up another week with notable developments capturing attention across the trading landscape. Meme coins, meme stocks, and Ripple were among the standout topics. As another week concludes in the world of cryptocurrencies, a variety of attention-grabbing events have unfolded. Meme coins, meme stocks, and Ripple have particularly stood out as some…
Billionaire Elon Musk arrived in Bali on Sunday, May 19, ahead of the anticipated launch of SpaceX’s Starlink internet service. The Indonesian government sees this initiative as crucial for improving internet access and healthcare services in remote areas across the vast archipelago. Chief Investment Minister Luhut Binsar Pandjaitan welcomed Elon Musk’s arrival via private jet…
Chainlink’s price has surged by 20% over the past week, driven by increased accumulation. Recently, Chainlink (LINK) has gained significant attention and its price has risen substantially. LINK’s network activity rose alongside its price, showing promising metrics for continued price growth, although a few indicators suggested caution. Chainlink’s Recent Developments Chainlink (LINK) has seen a…
Despite ongoing talk about Bitcoin potentially dropping significantly, some cryptocurrency analysts aren’t convinced it will happen. Bitcoin’s price has remained steady, staying just above the critical $65,000 support level. Many traders feel confident in this stability. In fact, some are now questioning whether a big drop is likely to occur anytime soon. Bitcoin Price Stability…
The world of cryptocurrency is full of amazing surprises. It can be hard to keep up with the latest trends, but if you learn how to navigate this field, it has the potential to greatly enrich your life and even benefit future generations. Alternative cryptocurrencies provide opportunities for profit in a changing market. This article…
Shiba Inu (SHIB) has been falling since early May after a failed recovery attempt. The price drop began on May 4, following a steep decline in April, the largest since the Terra collapse in May 2022. Recent technical indicators now suggest a potential reversal. On May 13, SHIB’s price retested the lower Bollinger Band, a…
This week, Toncoin (TON), Blur (BLUR), and Pepe (PEPE) are expected to deliver big gains, possibly turning $1 into $100. Investors are interested in these altcoins for their potential to quickly capitalize on market trends and offer significant returns. Toncoin offers advanced technology with Layer-1 scalability, low fees, fast transactions, and a large user base….
The Securities and Exchange Board of India (SEBI) has proposed guidelines to regulate cryptocurrencies to a government panel. SEBI suggests involving multiple regulators to oversee various aspects of cryptocurrency trading. On the other hand, India’s central bank, the Reserve Bank of India (RBI), considers cryptocurrencies a potential risk to the economy. They are concerned about…
Between May 10 and May 17, sales of non-fungible tokens (NFTs) amounted to $150.56 million, showing a decrease of 8.97% compared to the previous week. This decline continues a trend of weekly decreases in NFT sales. During this period, four out of the top five blockchains in terms of sales volume also saw reductions in…