Cryptocurrency Archives - Cryptolifedigital

Crypto Founders Reiterate Core Values: Beyond Trading, Towards Freedom

26Apr

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Crypto Founders Reiterate Core Values: Beyond Trading, Towards Freedom

Crypto Founders Charles Hoskinson (Cardano) and Vitalik Buterin (Ethereum) are urging the community to refocus on the core principles behind the technology. Their messages, delivered on social media platforms, highlight a shared vision that extends beyond just trading digital assets. Hoskinson's Poetic Analogy Charles Hoskinson, co-founder of Ethereum and creator of Cardano, took a unique approach on X/Twitter, a social media platform. He quoted the lyrics "Crypto doesn't want to set the world on fire, it just wants to start a flame in your heart" from the 1938 song "I Don't Want to Set the World on Fire." This metaphorical message emphasizes the potential of cryptocurrency to ignite passion and inspire change, rather than simply disrupt the status quo. Read Also: Cardano On-Chain Met...

Terra Classic Community Revives Network with IBC Restoration

24Apr

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Classic Community Revives Network with IBC Restoration

The Terra Classic ecosystem received a significant boost with the community overwhelmingly approving a proposal to restore the Inter-Blockchain Communication (IBC) link with Kujira. This move is expected to unlock frozen funds and enhance liquidity for the network. IBC Upgrade Secures Unanimous Support Proposal 12099, spearheaded by the RakoffToken team, aimed to re-enable the IBC client 07-tender mint-178 between Terra Classic and Kujira. IBC technology facilitates secure communication between different blockchains, allowing for seamless asset transfers and greater interoperability. Read Also: Massive Shiba Inu Transfer Sparks Speculation https://twitter.com/RakoffLuncVal/status/1781301510724333771?s=19 The proposal received near-unanimous support, garnering a staggering 99.99%...

Terra Classic (LUNC): Community Hopeful for Rebound in 2024

23Apr

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Classic (LUNC): Community Hopeful for Rebound in 2024

Terra Classic (LUNC), the cryptocurrency born from the ashes of the infamous Terra Luna collapse in 2022, is showing signs of life. Though many lost faith after the dramatic crash, a passionate community is rallying behind LUNC, hoping to restore its former glory. AI Predicts Price Increase ChatGPT, a powerful AI language model, has offered some optimism. Their analysis suggests LUNC could climb a significant 35.38% by May 1st, 2024, potentially reaching $0.00015. This prediction considers historical data, similar cryptocurrencies, and current market trends. However, it's crucial to remember such forecasts are not guarantees. Read Also: Solana Surges Past $150, Analyst Eyes $200 But Meme Coin Woes Linger Community and Development Drive LUNC's Future Several key factors will influenc...

Bitcoin Halving Countdown: Excitement Builds Among Crypto Enthusiasts

15Apr

By Kayode Oke MichaelNo Comments

Cryptocurrency

Bitcoin Halving Countdown: Excitement Builds Among Crypto Enthusiasts

With the fourth Bitcoin (BTC) halving event just around the corner, analysts are anticipating a potential price rally. This halving event will result in the reward for mining the cryptocurrency being reduced by half. Despite the weekend's consolidation below the critical psychological level at $70,000, Bitcoin's 3-day chart remains bullish, according to pseudonymous crypto expert CryptoJelleNL. The analyst further predicts that Bitcoin could soar to $80,000 soon. https://twitter.com/CryptoJelleNL/status/1779753595165933819 Read Also: What Can We Expect from SHIB and DOGE’s Future Performance after the Bitcoin Halving? The estimated date for the halving event is April 19, 2024, 18:07 Universal Time Coordinated (UTC), which means that it is only four days away. The upcomin...

Terra Luna Classic Eyes Dedicated Dev Team, Community Decides Roles

12Apr

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Luna Classic Eyes Dedicated Dev Team, Community Decides Roles

The Terra Luna Classic (LUNC) community is voting on a proposal to establish a core team responsible for the blockchain's development. This follows the disbandment of the Joint L1 Task Force (JL1TF) earlier this year. Proposal: Establish a Terra Classic Team The proposal, titled "Establish a Terra Classic Team" (Proposal 12093), seeks community approval for a permanent team funded from the community pool. Similar to Terraform Labs for Terra (LUNA), this team would focus solely on the Terra Classic blockchain. Read Also: Solana Outage Raises Concerns About Network Scalability Details regarding specific roles, salaries, and team size are to be determined in a follow-up proposal contingent on the current one's success. The Terra Luna Classic community and validators will discuss and f...

Exclusive: Insights from the Latest Crypto Price Analysis of ETH, XRP, ADA, SHIB, and DOGE

12Apr

By Kayode Oke MichaelNo Comments

Cardano, Cryptocurrency, Dogecoin, Ethereum, Ripple News, Shiba Inu

Exclusive: Insights from the Latest Crypto Price Analysis of ETH, XRP, ADA, SHIB, and DOGE

In this week's analysis, we will look deeper into the technical aspects of some of the most popular cryptocurrencies in the market with the aim to provide expert insights on the performance, features and potential of these digital assets taking into consideration their underlying technologies, developmental roadmap and market trends Ripple (XRP) XRP has been stuck in a range between 54 cents and 68 cents. This week, the price increased by 5%, but it lacks the momentum to challenge the key resistance. At present, XRP is hovering around 60 cents, placing it in the middle of this range, and more sideways price action is expected in the future. XRP has struggled to attract market participants' attention, which is reflected in its price action that has lacked clear momentum for months. A b...

Historical Fact: What Happened To Dogecoin After The Last Bitcoin Halving, Will It Repeat Now? Details

11Apr

By Daniel AbangNo Comments

Cryptocurrency, Dogecoin

Historical Fact: What Happened To Dogecoin After The Last Bitcoin Halving, Will It Repeat Now? Details

The upcoming and widely anticipated event in the crypto space which is believed to have the key lock to introduce price upsurge to some cryptocurrencies has been the topic of discussion for a while now. To digest the actual, a close look at the last Bitcoin Halving and Dogecoin's performance 4 years ago will be considered. The Last Bitcoin Halving: What Happened? The last halving happened on May 11, 2020, when Bitcoin was trading at around $9,700, and Dogecoin was valued at $0.002611. From that point forward, both Bitcoin and Dogecoin have seen great price increases of 610% and 7,185%, respectively. Read Also: A Golden Chance For Wealth As Dogecoin, Others Make Double Digit Gain In the two months following the Halving occasion, both Bitcoin and Dogecoin experienced a decline in ...

Terra Luna Classic: Security Upgrades and Burning Offset by Price Slump

11Apr

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Luna Classic: Security Upgrades and Burning Offset by Price Slump

Terra Luna Classic (LUNC) is undergoing a series of security upgrades overseen by its developer, Genuine Labs. While the community applauds these efforts, LUNC's price continues to disappoint. Security First: Genuine Labs Takes Action Genuine Labs' bi-weekly report highlights its focus on enhancing Terra Classic's security. The plan includes: Core Repository Upgrade: Ensuring compatibility with updated dependencies, is a crucial step for a healthy blockchain. Rigorous Testing: Extensive E2E and interchain tests guarantee seamless operation on the upgraded chain. Real-World Simulation: Launching a testnet mirroring the mainnet's data ensures a smooth transition. Bug Eradication: A critical bug identified by Genuine Labs, potentially halting the blockchain, has been eradi...

The Ultimate Ranking: TON’s Journey Into the Top 10, Leaving ADA and Pro-XRP Lawyers Behind

9Apr

By Kayode Oke MichaelNo Comments

Cardano, Cryptocurrency

The Ultimate Ranking: TON’s Journey Into the Top 10, Leaving ADA and Pro-XRP Lawyers Behind

In recent news, the cryptocurrency market has been abuzz with the sudden rise of TON, a lesser-known cryptocurrency that has climbed up the ranks to secure a spot in the top 10 cryptocurrencies by market capitalization. TON's recent surge of over 20% in the past 24 hours has pushed its market cap to $23.75 billion, placing it in the 9th position and surpassing the well-known cryptocurrency Cardano, which stands at $21.74 billion. TON Rises into Top 10 However, this unexpected rise of TON has raised questions about the stability of ADA's position in the rankings and has become a cause of concern for some investors. Bill Morgan, a pro-XRP lawyer, recently took to Twitter to highlight TON's rise and its potential impact on ADA's standing in the market. Read Also: Cardano Price Prediction...

Singapore-based Exchange WEEX Joins Forces with Terra Classic Community to Burn LUNC Tokens

9Apr

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Singapore-based Exchange WEEX Joins Forces with Terra Classic Community to Burn LUNC Tokens

Singapore-based cryptocurrency exchange WEEX has unveiled a new initiative designed to support the Terra Classic community and its ongoing LUNC burn program. This move highlights WEEX's commitment to the long-term potential of the Terra Classic ecosystem. Dedicated LUNC Landing Page Launched WEEX announced the launch of a dedicated landing page for LUNC on its website. This page serves as a central hub for all information related to the LUNC burn initiative. It features a list of the program's first ambassadors and a countdown timer for the monthly scheduled LUNC burns, fostering transparency and community engagement. Read Also: Binance Burn Injects Hope, But Will It Be Enough for Terra Classic (LUNC)? https://twitter.com/WEEX_Official/status/1776920302288875576 Collaboration with...