SUI Surges on Strong Volume, Positive Indications Develop

SUIs rising volume and overbought conditions might suggest that market direction can change. Will SUI sustain its price rise toward $3.50?

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Bitcoin Fear & Greed Index Reaches 31, Is The Market About To Recover Or More Pain To Come?

Bitcoin trades at $85.5K as market fear intensifies at 31 on the Fear & Greed Index. Analysts are keeping an eye on the $89.5K level

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BugsCoin (BGSC) Surges 50% with Burn and Trading Spike, Signaling Global Web3 Growth

The BugsCoin (BGSC) token has seen a remarkable 50% increase in value following a successful burn event and heightened trading activity. This surge in popularity is being viewed as a sign of the growing influence of Web3 technologies on a global scale. The recent burn event, where a significant amount of BGSC tokens were removed [...]

The post BugsCoin (BGSC) Surges 50% with Burn and Trading Spike, Signaling Global Web3 Growth appeared first on Crypto Breaking News.

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Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows

Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty, already at an unprecedented level of 49.55 trillion, seems poised to breach the 50 trillion threshold within [...]

The post Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows appeared first on Crypto Breaking News.

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Conflux’s CFX futures open interest spikes to $125M

Conflux (CFX/USD) has seen the dollar value of its contracts in key exchanges jump to the highest level in months. This open interest is one of the top reasons why Conflux price has been in a strong upward trend and currently sits at the highest level since September 21. Data compiled by Coinglass, a leading …

<p>The post Conflux’s CFX futures open interest spikes to $125M first appeared on CCNC | Cryptocurrency Newscast.</p>

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GALA price movement: how far can the token climb after the recent 184% spike in value | Invezz

GALA (GALA/USD) announced that Town Star, one of their flagship games on the platform, will now be powered by the GALA token directly instead of its own, TOWN token. Gala Games is essentially a blockchain-based platform that has the objective of creating an ecosystem for crypto games powered by the GALA token. Are you looking ... Read more

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BONK price: meme token sees staggering 4000% spike – but what’s next? | Invezz

Even as cryptocurrency news this week were dominated by headlines around the arraignment of disgraced former FTX CEO Sam Bankman-Fried, a viral token dubbed Bonk Inu (BONK/USD) was making waves across the meme coin market. The dog-themed cryptocurrency airdropped 50% of its 100 trillion supply to the community, and rose massively in the past seven ... Read more

<p>The post BONK price: meme token sees staggering 4000% spike – but what’s next? | Invezz first appeared on CCNC.</p>

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The Next Billion Dollar Startups of 2022

Many startups are positioning themselves to take over various business sectors in the next decade. The juggernauts below, however, have all the features that will help them dominate their respective industries.

Continue reading The Next Billion Dollar Startups of 2022 at DailyCoin.com.

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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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The future of SHIB after its metaverse team expands and burn rate spikes 283%

Shiba Inu (SHIB/USD) has become one of the largest meme-coins out there in terms of both market capitalization as well as project development.

What is dubbed the Dogecoin (DOGE/USD) killer has undergone numerous developments, where the teams are expanding in the Metaverse push, alongside an increase in its burn rate.

Through an official announcement posted on the ShibaSwap’s blog on August 30, 2022, Shiba Inu announced an important update surrounding SHIB: The Metaverse. 

In it, the SHIB team announces that they have created two additional teams, which will play an integral role as an intermediary between the Shiba Inu community and the core executives of the project.

This represents the current structure constructed for the success and the development of the project:

• AAA Studio – THE THIRD FLOOR
• Expert Metaverse Advisors – Marcie Jastrow, Sherri Cuono, David Kern
• Shib: Developers & Project Lead Team – Shytoshi Kusama, Kaal Dhairya, Eric M

The main goal of creating these new teams is to establish a connection across all existing SHIB: The Metaverse structures, including the lead developers, expert advisors, and AAA studio. 

Furthermore, based on data from Shibburn posted on August 30, 2022, in the last 24 hours, there have been a total of 213,344,808 SHIB tokens burned and 14 transactions, which indicates that it has rocketed by 283% in the last 24 hours. 

On August 30, 2022, Shiba Inu (SHIB) cryptocurrency had a value of $0.00001267.

When we go over its all-time high, on October 28, 2021, SHIB was worth $0.00008616.

However, when we take a look at how the cryptocurrency performed throughout the previous month, 

The lowest point of value for the SHIB cryptocurrency was on July 3 at $0.000009839.

Its highest point of value was on July 20 at $0.00001297.

Here we can see an increase in its value by $0.000003131 or by 32%.

With this in mind, investors might want to buy SHIB, as the cryptocurrency can reach a value of $0.00003 by the end of September 2022.

The post The future of SHIB after its metaverse team expands and burn rate spikes 283% appeared first on Invezz.

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Crypto Flipsider News – LUNA Falls 100% as Supply Exceeds 6.5T Coins and Binance Delists LUNA; Bitcoin Above $30k as Dominance Hits 6-Month High; Robinhood Spikes 20%, Ark Invest Buys $3M Coinbase Shares

Learn about the newest events that are happening in the crypto space.

Continue reading Crypto Flipsider News – LUNA Falls 100% as Supply Exceeds 6.5T Coins and Binance Delists LUNA; Bitcoin Above $30k as Dominance Hits 6-Month High; Robinhood Spikes 20%, Ark Invest Buys $3M Coinbase Shares at DailyCoin.com.

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Bullish Divergence on APE Chart Suggests 25% Spike to $7.89

Altcoin News A bullish technical indicator has flashed on the 4-hour chart for ApeCoin. On May 9, the price of ApeCoin (APE) dipped below $9.64, which was a long-standing support level for the coin. APE’s price posted lower lows and higher lows – a sign that APE may see a short-term spike. A bullish technical […]

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Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack – Markets and Prices Bitcoin News

The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion, up 9.4% today. Meme Token Assets […]

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ApeCoin (APE) Surges 40%, Closes in on Previous Highs in Anticipation of a Big Announcement

ApeCoin (APE) launched in March to unparalleled attention from the crypto community. Within hours of its launch, APE rallied from $1 to its all-time high (ATH) of $39.40

Continue reading ApeCoin (APE) Surges 40%, Closes in on Previous Highs in Anticipation of a Big Announcement at DailyCoin.com.

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What is a bull trap, explained

A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall.

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Jasmy price forms cup and handle as trading volume spikes

Jasmy coin price pulled back even as the token’s trading volume jumped during the weekend. The token jumped to a high of $0.0058 during the weekend and then dropped to the current $0.0055. It has jumped by ~30% from the lowest level in March this year. Jasmy volume rises Jasmy is a leading cryptocurrency project …

<p>The post Jasmy price forms cup and handle as trading volume spikes first appeared on CCNC | Cryptocurrency Newscast.</p>

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Ethereum sees spike in one-time ETH depositors ahead of Shanghai upgrade

Ethereum news this week will likely be dominated by one of the cryptocurrency’s biggest events since its proof-of-stake switch – the activation of the Shanghai upgrade.  As far as Ethereum holders are concerned, this highly anticipated network upgrade will among other things, enable ETH withdrawals. In short, Shanghai will allow staked Ether to be withdrawn. …

<p>The post Ethereum sees spike in one-time ETH depositors ahead of Shanghai upgrade first appeared on CCNC | Cryptocurrency Newscast.</p>

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Litecoin Address Count Spikes, DigiToads Follows Suit With Record-breaking Presale

Thanks to increased institutional investment, the rise of DeFi, and the growth of the memecoin phenomenon, the cryptocurrency market continues to witness significant activity, with Litecoin and DigiToads (TOADS) in particular gaining substantial attention through its highly successful presale. Litecoin (LTC) has seen a significant spike in address count in recent weeks. According to data […]

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Why did Dogecoin spike? Because of the Twitter logo, obviously

The price of Dogecoin spiked higher by more than 15% Monday after the iconic Shiba Inu symbol took over the outdated blue bird at the top of Twitter, but only for desktop users. Dogecoin price briefly broke above the $0.10 level before giving back some of its gains.  Dogecoin now lives on Twitter Twitter owner …

<p>The post Why did Dogecoin spike? Because of the Twitter logo, obviously first appeared on CCNC | Cryptocurrency Newscast.</p>

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