Crypto asset prices have surged in the previous 24 hours, with the global cryptocurrency market capitalization rising 1.9% to $1.07 trillion today. Surprisingly, the two ‘defeated’ Terra blockchain currencies, now known as terraclassicusd (USTC) and luna classic (LUNC), have witnessed huge increases. LUNC has risen 8% in the last 24 hours, whereas USTC, a previously steady currency, has risen 42.2% versus the US dollar on Tuesday. Terra’s Classic Token Sees a Market Revival Following Do Kwon’s Recent Interview The two currencies linked with Terra’s Classic network — terraclassicusd (USTC) and ..read more

Stay tuned to the latest altcoin news, analysis and in-depth articles by Coinkurry. The rise of altcoins keeps contributing to global blockchain adoption. The whole crypto market value has fallen below $1 trillion, and traders’ negative emotion is reflected in poor stablecoins demand and a virtually missing financing rate. After the rising wedge formation was broken on Aug. 17, global crypto market capitalization soon fell below $1 trillion, putting the bulls’ ambition of regaining the $1.2 trillion support, last seen on June 10, even farther out of reach. The deterioration of circumstan ..read more

There are indications of further upheaval coming. The lack of a Bitcoin futures premium, $470 million in liquidations, and excessive stablecoin lending all lead to new year lows. The whole crypto market-wide fell by 9.1% on Friday, August 19, but more crucially, the crucial $1 trillion psychological support was hit. The market’s most recent dip below this level occurred only three weeks ago, suggesting that investors were very confident that the $780 billion total market-cap low on June 18 was a distant memory. On August 17, the United States House Committee on Energy and Commerce said that th ..read more

Celsius Network, formerly considered one of the largest crypto lenders, has fallen due to a lack of accounting standards and irresponsible betting. According to the company’s most recent bankruptcy papers, Celsius Network Inc.’s demise has defrauded over 1.7 million consumers of $4.7 billion in digital assets and cryptocurrency deposits. After temporarily suspending withdrawals, swaps, and transfers for its members in June, the New Jersey-based crypto lender and rewards network voluntarily filed for Chapter 11 bankruptcy protection a month later. While the firm is still operating and claims to ..read more

Crypto Scam Revenue Individual transfers to schemes were at their lowest in four years, indicating that fewer individuals are becoming victims of crypto fraud. According to recent research, revenue from crypto scams has fallen to $1.6 billion this year, 65 percent lower than levels in July 2021, as cryptocurrency values have fallen. According to blockchain analytics company Chainalysis, the drop in scam income was generally in line with Bitcoin values beginning in January 2022. Bitcoin is presently worth about $23,451, down from its all-time high of more than $68,500 in November 2021. Accordin ..read more

Bitcoin (BTC) gained 0.21 percent, while Ethereum (ETH) gained 0.54 percent and was the most trending coin. Today, EOS became the top gainer. While Bitcoin (BTC) and Ethereum (ETH) were both up, meme currencies grabbed the show, with Dogecoin jumping as high as 8% early this morning. However, ETH was back to being the most trending coin. As of 8.50 p.m., the global crypto market capitalization had increased by 0.54 percent to $1.15 trillion. According to Coinkurry statistics, worldwide crypto volume was down 16.08 percent to $64.66 billion. The trading volume in the decentralized financial coi ..read more

After slipping from the $25,000 milestone a few trading sessions ago, Bitcoin price trades has risen beyond the $24,000 mark. Bitcoin gained 6% in the last week, however the currency declined 1% on a daily basis. This had suggested a hint of consolidation. On the chart, Bitcoin price has produced higher highs and high lows, indicating bullishness. Only at mBitcasino can you get 5 BTC + 300 Free Spins for new players and 15 BTC + 35.000 Free Spins per month. Play Right Now! If the king currency manages to stay over $24,000 for an extended amount of time, it may aim for $27,000 in the future tra ..read more

During the bad market, every crypto behemoth, including Ethereum (ETH), lost value. However, as Yogi Berra, an American baseball icon, once said, “it ain’t over until it’s over.” The changes from the Ethereum 2.0 merging have reignited interest in the Ethereum platform. PrivaCrip (PRCR) will enter its initial presale stage in less than a month. Many crypto aficionados have taken notice of the newcomer, which aims to reestablish privacy as a public right. The dynamic ecosystem offers its customers a wide range of services, including a DAO, staking, and decentralised apps (dApps). Ethereum (ETH ..read more

It’s not just ETH price that stands to benefit from Ethereum’s move to proof-of-stake in September. After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum’s native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge. Ethereum steps closer toward the Merge The leading smart contract platform completed the last of its three public testnets dubbed “Goerli,” on Aug. 11. Therefore, there should be no delays in Ethereum’s “Merge,” expect ..read more

Hackers have stolen $1.2 billion in cryptocurrency from bridges, according to data from London-based blockchain analysis company Elliptic, more than double the figure from last year. Another day, another hack, and yet another blockchain bridges  destroyed. It was the sixth hack of 2022 to target an increasingly vital component in the crypto machine: Blockchain “bridges” – strings of code that assist transport crypto currency between various apps. According to statistics from London-based blockchain research business Elliptic, hackers have stolen bitcoin worth $1.2 billion from bridges so ..read more