News - Page 13

The Terra Luna Classic community recently made important decisions regarding validator commissions and the approval of a new module. Here are the key points:

Play-to-earn games have revolutionized the gaming industry by offering players the opportunity to utilize their time and abilities while earning money. This has led to the rise of blockchain games, which are projected to be valued at $65.7 billion by 2027.

The cryptocurrency market has bounced back after a period of stagnation, with Bitcoin (BTC) leading the way. Investors have taken advantage of the dip in prices to accumulate more BTC, anticipating the next bull run. The recent decision by the United States Federal Reserve to maintain interest rates has further bolstered the positive outlook in the market.

A well-known crypto strategist, Pentoshi, has provided an update on the outlook for Fetch.AI (FET), an artificial intelligence (AI) altcoin. Pentoshi notes that FET has experienced a significant surge of 307% year-to-date but is now likely entering a consolidation phase.

According to market data revealed by Whale Alert, significant whale movements have been observed in the cryptocurrency market.

Celestia is a modular blockchain network that allows developers to build and maintain blockchain infrastructure. With a market capitalization of $390,094,289, Celestia currently ranks 107 on Coingecko. Since its mainnet launch, Celestia has been making waves in the cryptocurrency world.

Ripple's Chief Legal Officer (CLO), Stuart Alderoty, and members of the XRP community are openly criticizing the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler. This comes in response to recent actions and decisions by the SEC that have negatively impacted the cryptocurrency industry.

BitMEX co-founder Arthur Hayes has been bullish on Bitcoin in the last few months and recommended the crypto community to buy the dip when BTC price was trading under $25,000. Bitcoin is up 75% this year and the U.S. Fed Reserve pivot confirms a massive pre-halving rally, the crypto market awaited after the most devastating bear market crypto community has ever seen.

A widely followed crypto trader is warning that altcoins face a bearish outlook in the event that Bitcoin (BTC) reaches new local highs.

Ethereum (ETH) has been quietly making significant progress amidst the attention-grabbing performances of Solana, XRP, and Cardano in the altcoin market rally. With a 2% increase in the last 24 hours, the ETH price has reached $1839, accompanied by a market cap of $221 billion.

Solana continues its unstoppable rally, gaining another 12% in the last 24 hours and reaching its 14-month highs of $46. This impressive surge has allowed Solana to recover all the losses it experienced after the collapse of the crypto exchange FTX.

In a strategic move, MicroStrategy has purchased an additional 155 bitcoins for $5.3 million, further expanding its cryptocurrency portfolio. This acquisition comes as Bitcoin's market value reaches a significant yearly peak, as noted by Chairman Michael Saylor. With this latest investment, MicroStrategy solidifies its position in the digital currency sphere.

A crypto strategist who accurately called the top of Bitcoin’s 2021 bull market is expecting another leg up for XRP. Pseudonymous analyst Pentoshi believes that XRP looks bullish after breaking through a key resistance level at $0.548. He suggests that a breakout above $0.548 could lead to a price range of $0.62-$0.63.

A trader who accurately called Bitcoin’s May 2021 crash believes that the king crypto has officially entered a bull market. Pseudonymous analyst Dave the Wave points out that Bitcoin’s moving average convergence divergence (MACD) indicator on the monthly chart has flipped bullish after crossing over the zero level.

A Telegram trading bot crypto project that was launched earlier this year has been exploited for more than $600,000. The team behind the Unibot (UNIBOT) crypto project has confirmed that the hack was a token approval exploit. They have taken immediate action by pausing their router to contain the issue. The team assures users that any funds lost due to the bug on their new router will be compensated and that their keys and wallets are safe. They have also promised to release a detailed response after completing their investigations.

The central bank's stance on economic growth remains unchanged, as indicated in its recent policy statement. The bank acknowledges the presence of risks to economic growth, a sentiment that aligns with its previous statement in September. However, the decision on whether to implement another pause or rate hike at the December meeting will be based on incoming data. This suggests that the central bank is closely monitoring economic indicators to make informed decisions. It is important for stakeholders to stay updated on the latest economic data as it will play a crucial role in determining the central bank's next move.