Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Ethereum is a smart contract platform that enables developers to build tokens and decentralized applications (dapps). ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network. Ethereum is the pioneer for blockchain based smart contracts.
Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators.
There’s a lot of euphoria about the capitalized increase by Bitcoin, Ethereum a decentralized open-source blockchain with smart contracts functionality. and major altcoins this September 9, but the most noteworthy case of the day is that of LUNA, the currency currency is a medium of exchange that defines value. of Earth which rose more than 200% in the last 24 hours.
- LUNA de Earth doubled its price on 9 September
- BTC and major altcoins increased in the last 24 hours
- The main loser of the day is LUNC, token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. the Terra Classic
We open our customary price report for this September 9th by taking a closer look at one of the most controversial currencies, LUNA de Earth, which after a long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. period of low trading activity has surged 206.8% in the last 24 hours, trading at USD $5.7 per unit at the time of publication and experiencing a significant spike in trading volume across the major exchanges.
When looking in detail at the evolution throughout the day, the data published in our section CryptoMarkets DailyBitcoin y CoinMarketCap reflect that the increase capitalized by LUNA came into play at 7:00am (New York time), as in a span of three hours it went from around USD $2 to a high of USD $6.91, an increase of almost 250% within that time frame. Subsequently, it experienced some fluctuations and finally settled above the aforementioned values.
In terms of trading volume, market an area or arena, online or offline, in which commercial dealings are conducted. data shows that over USD $4.461 billion was traded on the major exchanges in the last 24 hours, representing an increase of 1,623% in the volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. of daily trading operations throughout the day .
Among the platforms that moved the most capital, the following stand out in particular Binance, where almost 80% of all the aforementioned capital capital is most commonly defined as the large sum of money you would use to invest. circulated, followed by KuCoin which accounted for only 9.9% of that figure.
While it is not clear why prices are rising, several reports present some hypotheses that are worth considering.
In this regard, a report published by the mediaCryptoGlobestates that the increase seen in the price of LUNA has left many traders intrigued, those thinking about the most catastrophic scenario suggest that there is a risk of a possible “doomsday” scheme. Pump and Dump a sudden sell-off of digital assets. “. The thesis is that it would be perpetrated by those who intend to inflate the price of the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency to attract more investors, and then suddenly withdraw their capital after securing profits, resulting in a sharp drop in the price.
But the thesis that handles more weights is that possibly this is a move made by the team of Terraform Labs. In this regard, an analyst known as FatMan en Twitter noted that some 435,000 units of LUNA were sent to Binance from one of the wallets associated with the organization’s Earth, which happened just before the increase in the price of digital currency.
LUNC is going down
While many are excited about the capitalized increase by LUNA de Earth, on the other side we have LUNC de Terra Classic, digital currency that in recent days has also recorded a remarkable increase but today is going down and is the main loser of the day, so that at the time of editing is quoted at about USD $ 0.0004 losing 20% in the last 24 hours.
Let us keep in mind that LUNC had posted remarkable gains gains refer to an increase in value or profit. in recent days following expectations of a proposed fund burn, which would shorten the supply available in the market and organically boost the price of the digital currency. However, the enthusiasm seems to have been diluted after the increase seen in the price of LUNA, as the one coin a coin can refer to a cryptocurrency that can operate independently or to a single unit of such cryptocurrency. went down while the other went up sharply.
Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. y Ethereum increase this September 9
But the increase seen today isn’t just limited to LUNA, since Bitcoin (BTC) y Ethereum (ETH) capitalized on the outstanding gains for this September 9.
In the case of Bitcoin, we have that the main digital currency rose 10.3% in the last 24 hours, trading at the time of publishing at about USD $21,203 per unit. Recall that BTC was going through some pretty dark days where it lost key supports, even dropping below the USD $19,000 level on September 7th.
On the other side we have Ethereum, whose currency was also boosted today and rose 4.6% throughout the day, registering a price of USD $1,704 at this hour. The currency is currently in the spotlight as part of the major update that is coming to the network, better known as theThe Merge,which would change change — a concept relevant to cryptocurrencies that use the UTXO model — is the number of coins sent back to a user after they use their unspent outputs to initiate a transaction. the consensus consensus is achieved when all participants of the network agree on the order and content of the blocks in the blockchain. model for block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. processing from traditional mining a process where blocks are added to a blockchain, verifying transactions. It is also the process through which new bitcoin or some altcoins are created. to an escrow a financial instrument where assets or cash are held by a third party while a buyer and a seller complete a deal. system.
Major altcoins also rise
And along this same path we also have a good part of the main altcoins, of which the vast majority are going up at this hour.
Such is the case of coins like BNB, XRP, Cardano (ADA), Solana (SOL), Polkadot (DOT), Dogecoin (DOGE), Polygon (MATIC), Shiba Inu (SHIB) and many others, which are up between 3% and 7% in the last 24 hours.
The most important news this September 9th
Below, we share with readers some of the most read news in the last 24 hours:
- Luna Classic (LUNC) rises more than 100% in a week amid expectations for proposed burn
- Google Cloud cloud servers are typically located throughout different data centers all over the world. is now a standalone validator a participant on a proof-of-stake (PoS) blockchain, involved in validating blocks for rewards. of the Axie Infinity Ronin Network a network refers to all nodes in the operation of a blockchain at any given moment in time.
- More Plaintiffs and Defendants Join Lawsuit Against Elon Musk for Promoting Dogecoin
- Ripple advisor says the company will soon reveal details of a new CBDC
- Ethereum Lead Developer Informed Avalanche Team of Critical Network Vulnerability
To buy cryptocurrencies through DiarioBitcoin
We understand that this is a complex and especially sensitive time in the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market, but if you are one of the people who see opportunities with the current prices, we remind you that our section CryptoMarkets buttons are now available for you to buy your favorite digital currencies.
If you wish to purchase Bitcoin ( BTC ), prefer to buy Ethereum ( ETH ) or want to get someTether ( USDT ), all you have to do is access our website CryptoMarkets and click on the currency of interest. In addition to viewing its price, evolution and other market data, you will also find a buy button that will take you to a exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. reputable in which to do business.
We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.