Terra Classic Price: The Terra Classic (LUNC) recovery trend fails as the recent reversal from the dynamic resistance of the 20-day EMA aligns with the broader market sell-off. However, with the LUNC price sustaining above the 200-day EMA and the ascending support trendline, the altcoin projects a potential bounce back in the near future. With […]
Ethereum L2s May Outshine Main Blockchain, VanEck Reports
VanEck, a major financial entity based in New York, has shared insights into Ethereum’s layer-2 (L2) solutions. The firm projects a $1 trillion valuation for L2s, highlighting their potential to outperform Ethereum. L2 technologies, such as zero-knowledge roll-ups (ZKUs) and optimistic roll-ups (ORUs), address scalability by processing transactions off the main blockchain. This could position […]
Binance Still Bullish On These 3 Trending Crypto
The world’s largest crypto exchange Binance remained bullish on these 3 crypto and continued to expand support for them. The trending crypto are BOOK OF MEME (BOME), dogwifhat (WIF), and Jito (JTO) despite the broader market correction. Binance has been adding BOME, WIF, and JTO to its products and services, which led to massive rallies in […]
Paypal USD (PYUSD) Deployed As Funding Option On Xoom
Xoom, PayPal’s cross-border money transfer service has launched a new funding option that will allow U.S. users to finance international transfers using PayPal USD (PYUSD), its dedicated stablecoin pegged to the U.S. dollar. Paypal USD Deployed For Borderless Transactions According to the announcement from PayPal, Xoom users in the United States will pay no transaction […]
Crypto Stocks Spike as Markets Rally
The digital asset market has recorded slight gains in its weekly recovery efforts prompting an inflow to crypto stocks in the last 24 hours. This week, the stock market as well as cryptocurrencies lost ground gained in past months due to macroeconomic factors and industry movements. Crypto stocks are shares of companies linked to Bitcoin […]