Cryptocurrency News
In the past few weeks, the Terra ecosystem has demonstrated impressive performance, outshining broader market trends with significant gains. During November, Terraform Labs, overseeing Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) altcoins, distributed over $17 million across various liquidity pools. This strategic move, including allocations like $1.5M for LUNA/axlUSDC, $1M […]
Recently, Binance, the world’s leading cryptocurrency exchange, executed the 16th batch of Terra Classic ($LUNC) burning. This resulted in the incineration of a staggering notable 3.9 billion LUNC tokens. This event, the first burn since the departure of former CEO Changpeng Zhao, has triggered remarkable shifts in the $LUNC market. […]
Recently, Binance, the world’s largest cryptocurrency exchange, unveiled the USD-M USTC Perpetual Contract with 50x leverage on November 27 via Binance Futures. The contract commenced trading at 12:30 UTC, creating ripples of anticipation and excitement within the crypto community. Notable Price Impacts of the Announcement The official announcement by Binance […]