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- 🚨 What’s Next for Fractal Bitcoin After Its Mainnet Launch and Premine Debate?
🚨 What’s Next for Fractal Bitcoin After Its Mainnet Launch and Premine Debate?
CoinGape Media
September 09, 2024
News
Fractal Bitcoin mainnet launch sparked debates due to its copied code from Bitcoin Cash and Namecoin. Is it just a copy of the Bitcoin Core?
In the latest development, Fractal Bitcoin announced the launch of its mainnet while sparking immediate debate over the project’s design choices and transparency. As per the early indicator, the new blockchain is a clone of the Bitcoin Core v24.0.1, aka the Bitcoin mainnet, that comes with some tweaks along with a borrowed code from Bitcoin Cash and Namecoin.
Terra Luna Classic validator claims the community can burn over 1 billion USTC and 275 billion LUNC from TFL wallets, prices Jumps 10%.
Terra Luna Classic community awaits massive USTC and LUNC burn by Terraform Labs (TFL) as per the Chapter 11 bankruptcy and court order in the U.S. SEC case. While the actual amount of Terra ecosystem tokens to be burned remains uncertain, Terra Classic members claim it’s over 1 billion USTC and 275 billion LUNC tokens.
Crypto presales offer the opportunity to buy new crypto at reduced prices before their official launch. In this guide, we list the best crypto presales to invest in for 2024 based on our comprehensive research and expert analysis.
Markets
The crypto prices today have maintained recent gains as the FOMC looms, igniting investor optimism. BTC price briefly topped $55K, while ETH price jumped slightly.
The crypto prices today have mainly continued embarking on an upward trajectory. Bitcoin (BTC) price pumped gained in the past 24 hours to briefly top $55K. Whilst, Ethereum (ETH), Solana (SOL), and XRP noted slight gains at press time. Simultaneously, the global cryptocurrency market cap also jumped nearly 1% to $1.95 trillion today. Moreover, the total market volume surged roughly 10% to $46.53 billion.
Explore why the current Bitcoin price recovery might be a bull trap, with recession fears and economic uncertainty looming. Should investors be worried?
Bitcoin price bounce, arrives at a time of growing concerns about a potential U.S. recession. Despite the uptick in crypto prices, several troubling economic indicators are casting doubt on the rally’s sustainability. Last week’s weaker-than-expected manufacturing PMI data and a softening labor market report on September 6 have added to investor anxiety. While Bitcoin shows signs of recovery following a significant selloff, many fear this could be a classic bulltrap, with broader economic conditions threatening to pull prices down again.
Binance launches zero fee Eurite (EURI) stablecoin on ramp triggered BTC, ETH, SOL, XRP rally odds as trading volume shoots over 400%.
The world’s largest crypto exchange Binance on Monday said it has introduced a new Single Euro Payments Area (SEPA) bank transfer for the newly listed Eurite (EURI), the first MiCA-regulated EURO stablecoin. This is anticipated to bring a rally in BTC, ETH, SOL, XRP, and other altcoins prices as the exchange launches zero fee promotion to buy EURI.