Der SEBA Bank-Manager Mathias Schütz glaubt, dass Institutionen ebenfalls eine Rolle bei der Sicherung des Ethereum-Netzwerks spielen können, indem sie Ether staken.
Bitcoin-Befürworter Samson Mow spricht über Zentralisierung beim Merge
Mow behauptet, dass einige wenige Node-Betreiber die Macht hätten, den Ethereum Merge zu ändern, zu verschieben oder abzubrechen.
Terra Classic’s LUNC is up by 50% on Thursday: Here is why
LUNC, the native coin of the Terra Classic ecosystem, is up by 50% in the last 24 hours, outperforming the other major cryptocurrencies.
LUNC is the best performer amongst the top 100 cryptocurrencies by market cap today. The native token of the Terra Classic ecosystem is up by more than 50% in the last 24 hours, outperforming the broader crypto market.
The cryptocurrency market is recovering from the slump suffered on Wednesday. The total market cap is now up by more than 4% in the last 24 hours and currently trades above $975 billion.
Bitcoin is eyeing the $20k resistance point once again after adding nearly 3% to its value today. Ether is up by more than 7% in the last 24 hours and is trading above $1,600 ahead of the Merge.
LUNC’s rally comes as the Terra Classic ecosystem prepares for its 1.2% tax burn. Several exchanges, including KuCoin, have announced support for Terra Classic’s 1.2% tax burn when the proposal is officially approved and implemented on Terra Classic (LUNC) mainnet.
Key levels to watch
The LUNC/USDT 4-hour chart is extremely bullish as the cryptocurrency is up by more than 130% in the last seven days. The technical indicators show that it is one of the best performers in the market.
The MACD line is within the positive territory, indicating bullish momentum for LUNC. The 14-day relative strength index of 78 shows that LUNC could enter the overbought region if the rally is sustained.
At press time, LUNC is trading at $0.0005318 per coin. If the positive momentum is maintained, LUNC could surge past the $0.000751 resistance level. In the event of an extended bullish run, LUNC could set a new all-time high around $0.001 level.
The bears are still lurking and could drag LUNC lower after the tax burn event. If that happens, LUNC could decline below the $0.00040495 support level.
The post Terra Classic’s LUNC is up by 50% on Thursday: Here is why appeared first on CoinJournal.
Russland arbeitet mit Ländern an Stablecoin-Plattform
„Stablecoins können an ein allgemein anerkanntes Instrument, z.B. Gold, gekoppelt werden, dessen Wert für alle Beteiligten klar und erkennbar ist“, so Alexej Moiseew.
Terra Classic is up 425.5% in the past 14 days: here’s where to buy LUNC coin
Terra Classic’s native token LUNC has seen a huge bullish rally in the past two weeks. Its price has risen by more than 425% in the past 14 days.
Since the fateful downfall of the original Terra LUNA due to the TerraUSD (UST) stablecoin crash and the resulting hard fork that resulted in the rebranding of the old Terra Chain into Terra Classic, Terra Classic’s LUNC coin has had a rough time trying to regain its lost glory.
Terra Classic has undertaken several upgrades and adopted a raft of proposals from its community including burning and staking LUNC to try to help the price of LUNC token recover.
The most recent proposal from the Terra Classic community is the 1.2% tax burn proposal that has received support from several centralized exchanges including MEXC, Gate.io, and KuCoin among others. The community is expected to vote on it next week.
To help traders seeking to take advantage of the current LUNC bull run, Coinjournal has prepared this brief guide on where to purchase the LUNC coin.
To find out more, please continue reading.
Best places to buy LUNC coin
What is LUNC?
LUNC is the native token of the Terra Classic blockchain which is a rebrand of the old Terra LUNA chain after the Terra hard fork that took place following the Terra LUNA crash caused by the crash of the UST stablecoin. The forked chain is referred to as Terra 2.0 and its native token retained the name of the original Terra LUNA token.
The Terra Classic chain is also home to the TerraUSD stablecoin which was renamed TerraUSD Classic (USTC).
Should I buy LUNC today?
If you want to invest in a digital asset that crashed a few months ago but currently showing signs of recovery, then the LUNC token could be a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
LUNC price prediction
Going by the momentum of the current bullish trend, crypto analysts believe Terra Classic could be on course to drop another zero in the coming weeks, especially after the much anticipated 1.2% tax burn is implemented
$LUNC social media trends
#LUNC smashes through another target. After burners charging 🔥
Current altitude over 0.0005 🚀❤️#TerracVita baby. pic.twitter.com/NVbUwx2dAI— TerraRebel (@RexYellerBelly) September 8, 2022
A few CEXs are claiming to „support the 1.2% tax“, but they’re not really. What most are referring to is a 1.2% tax on withdrawals. This means nothing. All it serves to do is reduce the chance of people leaving the CEX. Real support means burning 1.2% on all $LUNC buys and sells
— 🔥🙏 𝕃𝕌ℕℂ 𝔻𝔸𝕆 🙏🔥 (@LUNCDAO) September 7, 2022
The post Terra Classic is up 425.5% in the past 14 days: here’s where to buy LUNC coin appeared first on CoinJournal.