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Terra Classic rally after Binance burns 3.9b LUNC, this altcoin could also soar

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Terra Classic (LUNC) has been rally ing over the past week, surging more than 181% due to intense buying pressure. Further fueling interest in LUNC, Binance just completed its 16 th token burn, removing 3.9 billion LUNC from circulation. As LUNC keeps drawing attention, traders are also watching new gaming altcoin , TG.Casino (TGC), which has raised over $3.3 million in presale. Binance burns help boost Terra Classic price to $0.00026 On Dec. 1, Binance executed its 16 th token burn of LUNC, covering trading fees accumulated on the exchange from Oct. 31 to Nov. 29. Binance has burned over 43 billion LUNC from fees to date, significantly reducing the circulating supply. The recent burn of 3.9 billion tokens is significantly higher than November’s burn of 760 million tokens, the lowest amount yet. You might also like: Terraform Labs’ strategic move fuels USTC and LUNC rally  This surge in the burn rate correlates with a massive spike in LUNC trading volumes on Binan...

Fake BlackRock XRP ETF triggers rally, SEC delays decision, Elon Musk loses advertisers, sustained institutional adoption | Weekly Recap

This week, the crypto community erupted when a fake BlackRock XRP ETF filing surfaced; regulators are still indecisive on ETF filings; Elon Musk’s “thermonuclear” lawsuit earns praise from InputOutput; and institutional adoption remains sustained . Fake BlackRock XRP ETF filing The XRP community was thrown into excitement when a filing for a BlackRock iShares XRP Trust made its way to the Delaware ICIS on Nov. 13. The discovery triggered an XRP rally to $0.73. However, the asset was dumped immediately when several industry commentators such as Bloomberg ETF analyst Eric Balchunas confirmed that the filing was fake. Shortly after reports of the fake filing surfaced, the Delaware State Department reported the case to the state’s Department of Justice (DoJ). SEC postpones decision on ETF filings The SEC once again postponed making a decision on crypto-focused ETF filings. The securities regulator deferred its decision on Hashdex’s application for a spot ...

SIMPSON, TOADS rallying, DigiToads raise over $5.6 million

The cryptocurrency market experiences frequent significant events that impact its stability. Recently, there has been increased interest and activity surrounding cryptocurrencies such as digitoads (TOADS) and homer simpson (SIMPSON), leading to substantial price surges. Homer Simpson Coin, known as SIMPSON, is a cryptocurrency that uses blockchain technology and social media to establish itself as a charitable giving, education, and information-sharing platform. Its mission centers around utilizing the potential of cryptocurrencies to contribute to social causes. On the other hand, DigiToads (TOADS) is a meme coin project that can grow. TOADS users can engage in gaming activities or stake their tokens to earn rewards and access various utilities. Presently, the DigiToads presale has raise d over $5.6 million . Due to its Features and presale success, many investors are considering TOADS as an investment. This article explores the factors fueling the demand for SIMPSON and TOADS. ...