Feds sugar high may propel Bitcoin surge Arthur Hayes

Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from Japanese yen carry trade unwinding.

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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured [...]

The post Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors appeared first on Crypto Breaking News.

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Terra Classic’s LUNC price sees a spike, but can this momentum carry on?

Terra Classic (LUNC) is the original Terra Luna chain that was left behind after the collapse of Terra (LUNA/USD) and TerraUSD (UST/USD).

Terra Classic is a hard fork that occurs at a point in time when a blockchain splits and creates two separate networks.

Do Kwon, the CEO of Terraform Labs, urged the hard fork on Terra (LUNA) to revive the network, where UST was completely disregarded in the ecosystem, and Terra will no longer include any algorithmic stablecoin components.

On August 26, 2022, LUNA had a value of $0.00012. On September 1, it spiked to $0.0003392, which marks an increase in value of $0.0002192 or 182%.

This recent spike in value has been backed by massive volume, which validates the uptrend and increases the chances of LUNC keeping up this momentum going forward. 

As of September 1, the trading volume of Terra Classic increased 61% in the last 24 hours.

On August 29, 2022, Terra also announced on Twitter that they are rolling out the new Governance Alert Bot, which will alert users on the latest governance activities occurring on top of Terra.

On September 2, 2022, Terra Classic (LUNC) had a value of $0.00026496.

The all-time high of the Terra Classic (LUNC) cryptocurrency was on April 5, 2022, when it reached a value of $119.18.

When we go over its performance in August, Terra Classic (LUNC) had its lowest point of value on August 20 at $0.00008664. Its highest point of value was on August 31 at $0.0002183.

Here we can see that Terra Classic (LUNC) increased in value by $0.00013166 or 152%.

With this in mind, investors might want to buy LUNC, as it can increase in value to $0.0004 by the end of September 2022.

The post Terra Classic’s LUNC price sees a spike, but can this momentum carry on? appeared first on Invezz.

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Jim Carrey is Bidding His Second NFT Painting

His first NFT was sold for 62.04 ETH.

Continue reading Jim Carrey is Bidding His Second NFT Painting at DailyCoin.com.

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Jim Carrey Buys his First NFT

Veteran actor and comedian Jim Carrey has also ventured into the non-fungible token (NFT) space.

The post Jim Carrey Buys his First NFT appeared first on BitPinas.

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SkyBridge goes all in on crypto, betting on ‘tremendous growth’ ahead

“For us, we think the cryptocurrency markets represent tremendous growth,” said SkyBridge founder Anthony Scarramucci.

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Kraken’s new CFO has a clear track record except for one

California-based crypto exchange Kraken has recently appointed its new chief financial officer Carrie Dolan. As per the press release, Dolan is a financial services veteran in fast-growing consumer fintech and Fortune 500 firms. Dolan replaced its former CFO, Kaiser Ng, who held the position for five years, until January 2022, when he left to join […]

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Kraken Hires Carrie Dolan as Chief Financial Officer to Bolster Rapid Growth

Kraken has added a proven veteran with a successful track record to further accelerate the company’s growth and to help lead its long-term strategy. (Read More)

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How Rally Can Help Musicians Monetize While Building a Digital Fan Community | by Bryce Carr | Rally, RLY, and Creator Coin | Nov, 2021

Fan clubs have historically represented the ultimate level of fandom in music; a group of people brought together by their shared love of one artist. For the artists, these fan clubs represent a connection point to their most loyal followers, an opportunity to strengthen their bond. Yet over time, we’ve seen the notion of a […]

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Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future

By incorporating scaling solutions, such as rollups and sidechains, Ethereum has the potential to implement the true vision of DeFi.

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World’s first end-to-end blockchain Zeebu inks deal with four telecom carriers

The world’s first end-to-end blockchain platform Zeebu has announced strategic partnerships with Broadband Telecom Inc., BBT Voice Limited, Novatel, d.o.o., and BridgeVoice Inc. These partnerships are aimed at leading hundreds of thousands of transactions on Zeebu annually, something that hopefully makes Zeebu a game-changing force within the telecom carrier industry. A huge milestone for Zeebu …

<p>The post World’s first end-to-end blockchain Zeebu inks deal with four telecom carriers first appeared on CCNC | Cryptocurrency Newscast.</p>

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Ethereum funding rate hits 8-month high Is an ETH price correction coming?

Ethers funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction? 

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Carry Token Price Prediction: Time to Watch CRE as Launchpad XYZ Gains Traction

Carry token (CRE) added notable gains today, August 4, as the global crypto market signals signs of recovery. The coin’s surge can be attributed to [...]

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