Terraform Labs Files for Bankruptcy Terraform Labs, the developer of the cryptocurrencies “Terra Luna” and “TerraUSD,” has filed for bankruptcy in the USA. The company submitted its bankruptcy application to a court in the state of Delaware under Chapter 11 of the US
Ethereum and Bitcoin Prices: Current Status After the FOMC statement press release on June 12, the price of Ethereum briefly surged to $3,655 before starting to decline. Bitcoin also saw an increase in volatility, with its price climbing up to $70,000 before pulling
Toncoin’s Rise: Surpassing Ethereum The rise of Toncoin (TON) has drawn significant attention in the crypto world. Since the beginning of this month, it has surpassed Ethereum in the number of daily active addresses. This increase has created a strong positive sentiment around
Trump’s Support for Crypto Miners Former US President Donald Trump has recently increased his support for cryptocurrencies, particularly Bitcoin mining. On Wednesday, he held a meeting with several executives from US crypto mining companies and reiterated his support for Bitcoin miners. In a
Garlinghouse’s Views on Crypto ETFs Brad Garlinghouse, speaking at the Consensus 2024 conference, expressed his belief that after the US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs, it could also lead to the creation of ETFs for assets like XRP, Solana,
Cryptocurrency markets have been volatile in recent days due to US inflation data and statements from the Federal Reserve (Fed) regarding its monetary policy. Here are the developments and market reactions: US Inflation Data and Market Response The Markets saw a positive movement
Bitcoin, the world’s largest cryptocurrency by market capitalization, reached a new high on Tuesday following a prolonged rally. Some observers suggest that Bitcoin, once a niche alternative investment, has gone mainstream, which could have significant implications for its future price trend. Anne Gaviola
Cryptocurrencies are financial assets created on blockchain technology and are usually decentralized. Although they emerged to solve the cumbersome structure of the traditional financial system, they possess many features in various fields. The prices of cryptocurrencies can move within a broader range in
Are you wondering why understanding Web3 terminology is so important? Here we explain the most important Web3, NFT, and metaverse terms for 2023! If you’re thinking about entering the crypto world, you’ll need to master the Web3 jargon. Initially, NFT terms may seem
Binance captures the attention of the cryptocurrency sector with its announcements. Today, Binance made significant announcements regarding four altcoins: WRX, FET, AGIX, and OCEAN. Contract Swap Completed for WRX Binance has announced the completion of the WazirX (WRX) contract swap. Here are the