Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

10 obstacles to cross-chain interoperability (and how they can be overcome)

Cross-chain operability may only be achieved when there’s not only a way, but a will to move forward.

Free Bitcoin on Zaps experiment — but what are Zaps?

Why a Canadian Bitcoin advocate is giving out free Bitcoin tips, or Zaps, to people around the globe–and why the Zap trend is catching on.

Binance receives licenses to offer crypto services in El Salvador

The exchange reported receiving approval for Bitcoin Services Provider and Digital Assets Services Provider licenses in El Salvador, where Bitcoin has been legal tender since 2021.

Obligatory license for stablecoins? What do the latest FSB guidelines mean

FSB starts from the definition of “global stablecoin”, which serves as a means of payment and storage and has the potential for adoption across multiple jurisdictions.

Should you just wait for October to trade Bitcoin?

The months of August and September haven’t been the best for Bitcoin price historically, and with volatility at historic lows, traders may want to wait it out.

Tokenized Coinbase Stocks Are Coming to Polygon Thanks to Backed Finance

submitted by /u/pojut [link] [comments]

Bricks are now live on CDC trading.

Here's a link to the tweet. They just started today. https://twitter.com/cryptocom/status/1688888351326375936?s=19 As an avid fortnite player this is awesome!!! I'm curious to see what other community points reddit releases/approves but which ones make it to exchanges. I'm happy to see bricks tagging along with moons. (If you haven't played Fortnite in a bit they just…
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Monero (XMR) vs Zcash (ZEC): What’s your true take on the better privacy coin?

I imagine most people know Monero well, and that this sub will likely choose it blindly due to familiarity. But rather than go to the Zcash or Monero sub, this is all we’ve got for maybe sort of not completely biased information. What we know is that Monero is the oldest, like the Bitcoin of…
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Terra Luna Token Burn Proposal Greenlit – Could $1 Be Hittable?

Terra Luna has seen the successful approval of community proposals 11658 and 11660, authorizing the retrieval and subsequent incineration of a total of 800 million USTC. The prevailing sentiment within the community leans towards directing these USTC tokens towards the burn address as opposed to reintegrating them into the community pool. Conversely, a noteworthy shift has been detected in LUNC’s staking ratio within the past day, where a previous upward trajectory has now given way to a decline. This alteration in the staking ratio commonly signifies reduced assurance among stakers regarding a specific asset. Related Reading: Can Litecoin Bulls Turn The Tide On Recent Declines? A Closer Look Here’s what’s going on within the struggling Terra community: Recent Community Decisions Shape Terra Luna Future In a significant turn of events, Proposal 11658 titled “Return of Community funds not used,” presented by Vegas, a former member of the ex-Terra Rebels developer group, has achieved approval with an affirmative vote percentage of 70.27%. And it seems that once again.someone is fighting against us… So the 200 milion ustc that RH have “missed” used.. is one of the reasons that I was so vocal to not send all the rest of the funds to the CP. Now seems that is already moviments asking the signers to not do,the 11658… — Vegas (@VegasMorph) August 8, 2023 Vegas has advocated for the reintegration of 800 million USTC on-chain funds back into the Terra Luna Classic community pool. This proposition stems from the observation that the Ozone Protocol project is presently deviating from the proposed development plan. In a parallel development, Proposal 11660, labeled “Burn 100% of Funds Should Prop: 11658 Pass,” has garnered substantial support, amassing a “Yes” vote share of 82.55%. This counter-proposal asserts that a substantial segment of the community is advocating for the incineration of the 800 million tokens. Consequently, even if Proposal 11658 is ratified, the counter-proposal is poised to take precedence due to its higher vote count. Total crypto market cap reaches $1.12 trillion today. Chart: TradingView.com Awaiting the community’s consideration is another proposal, suggesting the burning of 80% of the funds while allocating the remaining 20% to the community pool designated for developers. Notably, this proposal has encountered limited favor, with only 46% of the community showing agreement. The aftermath of these recent updates has naturally sparked curiosity regarding their impact on the price dynamics of LUNC. How are these decisions influencing the valuation of the token? Staking Confidence Wanes As LUNC Faces Price Challenges Bringing the most recent developments to the forefront, there has been a notable decrease in the percentage of LUNC staked within the past 24 hours. This shift indicates that holders and users are opting to un-stake their holdings, signifying a diminished level of trust and confidence in the token’s performance. The implications of this trend raise questions about the current sentiment surrounding LUNC. Related Reading: PEPE’s Future: Will Prices Of Meme Coins Continue To Drop? A fresh analysis of LUNC’s price dynamics reveals that the token’s staking ratio now stands at 14.92%. This percentage signifies the portion of LUNC holdings that have been committed to staking, underscoring the level of engagement and commitment from the community. Source: Coingecko Meanwhile, as observed on CoinGecko, LUNC is presently valued at $0.000077. Over the preceding 24 hours, the token’s price has experienced a reduction of 1.3%, while its value has declined by 2.7% over the past seven days. These figures shed light on the challenges LUNC currently faces within the market and the potential impact on investor sentiment. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Analytics Insight