Terra Luna Classic community unanimously passed a major upgrade proposal to revise burn tax distribution. The upgrade will implement Oracle Split logic to divert community pool rewards from burn tax to the Oracle Pool (OP) and terrad client will reroute short-term rewards to long-term rewards. The upgrade will bring a major boost to staking and […]

The post In line with their beta characteristic – Commerzbank appeared on BitcoinEthereumNews.com. CE3 high-beta currencies usually outperform the Euro (EUR) (versus the US Dollar (USD)), which means that they strengthen against the Euro, Commerzbank’s FX strategist Tatha Ghose notes. HUF is likely to underperform PLN “The high-beta relationship is summarised by the two figures […]

TL;DR Token Burn Completion: The BNB Chain Foundation completed its 28th quarterly token burn. A total of 1,643,698.8 BNB (approximately $971 million) was permanently removed from circulation. Decentralized Auto-Burn Mechanism: Unlike the previous centralized approach, the BNB Foundation now uses a decentralized Auto-Burn mechanism. This system allows direct execution of the quarterly burn on the […]

The post Binance to Support Shentu (CTK) and Rootstock Infrastructure Framework (RIF) Network Upgrades appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 22, 2024 09:22 Binance announces support for Shentu (CTK) and Rootstock Infrastructure Framework (RIF) network upgrades and hard forks. Deposits and withdrawals will be temporarily suspended. Binance, one of the leading cryptocurrency exchanges, has announced […]

The post Korean Air orders at least 40 Boeing wide-body planes appeared on BitcoinEthereumNews.com. A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters FARNBOROUGH, England — Boeing won orders for at least 40 wide-body jetliners from Korean Air, including […]

The post Trump-Based Memecoins Show Price Surges Amidst Biden’s Bowing Out appeared on BitcoinEthereumNews.com. Trump-based memecoins record notable price surges in the last 24 hours.  The former president’s support for crypto has resulted in a positive sentiment in the market. In the last 24 hours, the US election landscape witnessed crucial movements. Present office holder, […]

The post Bitcoin (BTC) reaches top of bull flag – explosion imminent? appeared on BitcoinEthereumNews.com. On Sunday Bitcoin reached over $68,000 in price, and tagged the top of its long-time bull flag. Is $BTC preparing for an upward price explosion? When will the king of the cryptocurrencies make its move? Bitcoin price preparing for big […]

The post USD/CAD moves higher to near 1.3750 with focus on BoC monetary policy appeared on BitcoinEthereumNews.com. USD/CAD gains to near 1.3750 with BoC policy in focus. The Canadian Dollar weakens due to multiple headwinds. The US Dollar edges lower ahead of a busy US data week. The USD/CAD pair rises to near 1.3750 in […]

The post China rate cuts elevate Bitcoin momentarily before retracement appeared on BitcoinEthereumNews.com. China’s central bank, the People’s Bank of China (PBOC), has cut key interest rates to stimulate economic growth amid ongoing challenges in the property sector and the broader economy. The seven-day reverse repo rate was reduced from 1.8% to 1.7%, the one-year […]

The post Here’s How Much a Ripple (XRP) Investment From 2018 Is Worth Today appeared on BitcoinEthereumNews.com. The crypto market is flying high again. While Bitcoin and other top crypto assets have experienced dramatic surges over the years, not all altcoins have been lucky. XRP, for one, has yet to post a meaningful surge compared […]