The Trust Wallet team addressed rumors circulating on X (formerly Twitter), clarifying that Binance would not delist the TWT token.
Digital coins displayed bullish signals on Tuesday as the global cryptocurrency market cap increased by 3.20% within 24 hours to $2 trillion. That reflected solid recoveries from the latest bearish slide, which dumped Bitcoin to $52.8K on September 7.
Despite the Kaia Blockchain's launch as a replacement for the Klaytn network, Asia's answer to Telegram's The Open Network (TON), the KLAY price has suffered a significant 9.04% in the 24 hours post-launch.
Binance announces support for Kaia (KLAY) network upgrade and hard fork, suspending deposits and withdrawals temporarily.
The cryptocurrency market has experienced a cooling phase as Bitcoin (BTC) consolidates gains after hitting $64,996. This market cool-off has led to notable dips in altcoins like Zcash (ZEC), Monero (XMR), and Klaytn (KLAY) as the global crypto market cap dropped 0.26% to $2.24 trillion.
Klaytn (KLAY) is gaining traction among altcoins, trading positively on Monday despite Bitcoin's ongoing struggles below the $60,000 level. While several other cryptocurrencies like Tron, NEO, and Monero saw notable gains in the early US trading session, Klaytn managed to hold above the $0.
With the year 2024 becoming a year of strong bullish turnaround for the crypto industry, coins like Klaytn are writing a turnaround story. With the growing bullish dominance and the rising trading volume, the KLAY price action sirens trend reversal.
South Korea's Klaytn and Abu Dhabi's Finschia blockchains have finalized a merger, paving the way for the creation of "Project Dragon."
With origins from Japan and South Korea, Klaytn and Finschia claim that they are slated to become Asia's largest Web3 ecosystem.
The blockchains have their origins in Japanese and South Korean messaging systems, but they are looking to become Asia's biggest Web3 ecosystem.
Both layer-1 chains are backed by major Asian internet companies.
Layer-1 blockchains Klaytn and Finschia have received approval from their governance members to merge.
On February 15, a significant stride was made in the blockchain arena as the Klaytn Foundation and Finschia Foundation jointly announced the successful passage of the KlaytnFinschia Mainnet Merge Proposal (KGP-25). Garnering widespread approval from both holder and governance communities, the landmark decision sets the stage for the creation of Asia's most extensive Web3 ecosystem.
Backed by South Korean internet giant Kakao and Japan's messaging conglomerate LINE, Klaytn and Finschia are positioned to lead the way in blockchain innovation across Asia.
Layer-1 blockchains Klaytn and Finschia announced Thursday that their proposal to merge the two networks has been officially approved.
Klaytn and Finschia are exploring a merger to reshape the Asian cryptocurrency, Web3, and dApp landscape.
Klaytn and Finschia have proposed a merger that could bolster crypto, web3, and decentralized applications (dApps) in Asia. This fusion aims to leverage the strengths of both entities to create what could be the continent's foremost blockchain ecosystem.
Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.
With a short pullback following the remarkable jump of more than 120% in Q4 2023, the KLAY price trend forms a bearish channel. In the long-term picture, Klaytn shows a correction to the 61.80% Fibonacci level from the height of the $0.25 mark. The bearish dominance at the psychological mark of $0.
The native utility token of a South Korean Ethereum (ETH) rival is rallying after news of a new blockchain merger proposal. Layer-2 smart contract platform Klaytn (KLAY) leaped from a 24-hour-low of $0.189 to a high of $0.262, a 39% gain, following the announced proposal of a merger to create “Asia's leading blockchain system.
Klaytn and Finschia have announced a proposal for a merger. The ambitious plan, backed by two technological powerhouses in South Korea and Japan, respectively, aims to integrate two of the region's most prominent blockchain networks.
Bitcoin (CRYPTO: BTC) moved higher, but the cryptocurrency prices traded below the key $43,000 level on Tuesday. Ethereum (CRYPTO: ETH), however, edged lower, trading below the key $2,600 mark this morning.
In today's cryptocurrency landscape, there's a slight relief in the ongoing correction as Bitcoin attempts to stabilize above $42,000. Despite the introduction of spot Bitcoin ETFs not causing a significant surge in BTC, technical chart analyses indicate that the current correction is a common pattern seen in financial assets, often preceding a return to bullish momentum.
Cryptocurrency Picks for Today: On Tuesday, the crypto market witnessed a minor relief rally in its correction trend, as the Bitcoin price tries to stabilize above the $42000 mark. Although the recent introduction of spot Bitcoin ETFs didn't trigger a major uptick in the underlying asset BTC, current technical chart analyses suggest that this correction
Klaytn Foundation and Finschia Foundation propose a merger to create a joint ecosystem, with a new mainnet and a token. In a press release on Jan.
Klaytn is an open-source public blockchain designed for tomorrows on-chain world. Klaytn Architecture- Klaytn blockchain network is a combination of multiple peer-to-peer subnetworks composed of Klaytn nodes transmitting transactions and blocking data to execute value transfers and to execute smart contracts.
The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform to convert physical gold into GPC tokens.
Klaytn said the platform provides what it claims to be the first tokenized gold available on DeFi outside of the Ethereum ecosystem.
Crypto Price Prediction: The Short-term trend in the cryptocurrency market is currently sideways as a majority of major cryptocurrencies continue to waver in uncertainty. However, despite this indecisiveness tokens like 1INCH, FIL, and Klay showcased a double-digit jump in the last 24 hours resuming their prevailing recovery.
In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur's token BLUR, which soared by a significant 72% this past week.
In recent times, the world of cryptocurrencies has been the subject of increasing attention and interest, recently Altcoins as well. Internet search for altcoins and related projects has seen a notable increase in the last period.
CoinMarketCap Labs (CMC Labs) has chosen the Klaytn Foundation, the South Korean conglomerate Kakao's Layer 1 public blockchain, as one of its official partners. This strategic collaboration aims to bolster the Web3 startup ecosystem and support developers on the Klaytn blockchain.
KLAY, the native token of the gamefi project Klaytn, has emerged as the top gainer among the top 100 cryptocurrencies as its open interest rises. KLAY is up by 22% in the past 24 hours and is trading at $0.
In the ever-evolving world of cryptocurrency, change is constant. Trust Wallet's native token (TWT) faced a 7.39% decline in value following the launch of Binance's competing Web3 wallet.
Binance's new self-custodial crypto wallet will be tied to the exchange's infrastructure, and users won't be able to export private keys.
TrustWallet's native token [TWT] has plunged over the past few hours after Binance, the exchange that acquired TrustWallet in 2018, releases its own competing web3 wallet.
Kakao-backed blockchain network Klaytn plans to explore tokenization practices with a shipping unit of Korindo, an Indonesian conglomerate.
One of the year's top blockchain and web3 events, Binance Blockchain Week, is set to begin tomorrow, Nov. 8.
A new cycle means capital will rotate from one asset class to the other. This time, these top performing cryptos will blow the others away.
In a day marked by significant developments in the cryptocurrency realm, Trust Wallet token (TWT) took center stage with a remarkable 22% surge in its value. The catalyst for this surge was the long-awaited listing of TWT on Binance futures, a move that instantly propelled the token's price to $1.3568, its highest level since April 2023.
The crypto prices today have moved towards the south, draining out gains from the broader market on Friday, November 3, 2023. Although there is no apparent news for the recent market slump, it appears that investors are staying on the sideline after a robust rally over the past few weeks.
TWT price rose over 15% during the past week, after Trust Wallet announced a major rebranding upgrade.
With altcoins finding support levels to find the nearest footing as Bitcoin stabilizes at around $28K, TWT price retests the $1 mark. The ongoing retest and the lower side rejection increase the support to a bull run possibility in the Trust Wallet Token price.
In the fast-moving world of cryptocurrency, the Trust Wallet token has made a stunning breakthrough, surging 25% in just four days. This surge comes on the heels of a significant move when the token decisively broke through the $0.99 neckline of the Double Bottom Pattern.
The TWT price displays a sharp increase in bullish momentum in the first few days of October. With the spirit of Uptober clearly visible in the TWT uptrend, the possibility of a prolonged uptrend is skyrocketing for Trust Wallet tokens. Before the uptrend rally, the TWT coin price moved sideways between $0.80 and $0.95.
By now, Bitcoin has grown to the point where crypto investors do not expect very large returns from it and are now looking toward altcoins that could provide the kind of returns they seek. However, with thousands of altcoins circulating in the crypto market, it can become quite hard to pick the coins that could end up doing well.
In the realm of content creation, three key elements hold significant sway: “perplexity,” “burstiness,” and “predictability.