CoinMarketCap Updates LUNA to Terra Classic in Anticipation of New Chain

After the UST depegging earlier this month, which caused LUNA to drop over 99% in price, the community behind the token passed a revival plan proposal that will fork the old chain, creating a new token and blockchain without the stablecoin. The new chain is scheduled to launch tomorrow, May 27th, and the old chain will be called Terra Classic. CoinMarketCap updated the original LUNA token’s name to be called Terra Classic and added the upcoming LUNA coin to its list of cryptocurrencies in anticipation of the fork. CoinMarketCap Adds Terra Classic and Terra 2.0 Since the proposal to fork

The post CoinMarketCap Updates LUNA to Terra Classic in Anticipation of New Chain appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900

Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of writing. Bitcoin BTC fell below $29,000 earlier in today’s session, as bearish pressure continued to intensify heading […]

Go to Source

Powered by WPeMatico

Chinese Indexes Company Launches Hang Seng Metaverse Index

A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng […]

Go to Source

Powered by WPeMatico

KyberSwap’s Trending Soon Feature Helps You Find Today the Tokens Everyone Will be Talking About Tomorrow

Have you ever wanted to be able to see what crypto trends are about to emerge before everyone else? So check out KyberSwap’s Trending Soon feature for assistance. Read on to learn more! Find Out What Tokens Might Be Trending Soon KyberSwap is a leading multi-chain Decentralized Exchange (DEX) aggregator and one of the best […]

Go to Source

Powered by WPeMatico