Terra

The native token of the Terra (CRYPTO: LUNA) blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD (CRYPTO: UST), lost its peg for the second time in 48 hours. What Happened: According to data from Benzinga Pro, LUNA fell from an intra-day high of $64.62 to an intra-day...

What Happened: In an interview with Fungible Times, Do Kwon, founder of the Terra (CRYPTO: LUNA) protocol, said that Terra intends to be the largest single holder of Bitcoin (CRYPTO: BTC) besides its pseudonymous creator Satoshi Nakamoto. “The...

The Luna Foundation Guard (LFG) plans to loan $750 million worth of Bitcoin (CRYPTO: BTC) to market makers as part of a wider strategy to protect the UST stablecoin peg. What Happened: The Terra (CRYPTO: LUNA) blockchain’s stablecoin TerraUSD (...

The native token of the Terra (CRYPTO: LUNA) blockchain surged by 20% on Monday. What Happened: According to data from Benzinga Pro, LUNA rallied from $75.95 to an intra-day high of $91.66. The token saw a significant amount of buying pressure evidenced by its daily trading volume, which was up 175...

The Luna Foundation Guard (LFG), an entity that supports the Terra (CRYPTO: LUNA) blockchain, acquired $176 million worth of Bitcoin (CRYPTO: BTC) on Sunday. What Happened: On-chain data shows that the LFG transferred 4,130 BTC worth $176.1 million in a series of four transactions. The entity now...

On-chain data suggests that Terra (CRYPTO: LUNA) could be gearing up for another massive Bitcoin (CRYPTO: BTC) purchase. What Happened: According to Etherscan data shared by Larry Cermak on Twitter, the Luna Foundation Guard (LFG) sent $231 million worth of Tether (CRYPTO: USDT) to crypto exchange...

Terra (CRYPTO: LUNA) spiked to new highs after news broke that the blockchain project had executed several large Bitcoin (CRYPTO: BTC) buy orders. What Happened: According to data from Benzinga Pro, LUNA surged by 10% to a new all-time high ahead of $105.91 on Tuesday. The cryptocurrency has...

Do Kwon, co-founder of the Terra (CRYPTO: LUNA) blockchain protocol, said he plans to buy $3 billion worth of Bitcoin (CRYPTO: BTC) in the immediate term. What Happened: In a Twitter Inc (NYSE: TWTR) space hosted by Udi Wertheimer on Mar. 19, Kwon hinted at an imminent large-value purchase which...

Terra (CRYPTO: LUNA) co-founder Do Kwon said he plans to add $10 billion worth of Bitcoin (CRYPTO: BTC) to the project’s reserves. What Happened: Kwon announced the move on Twitter, saying that Terra having huge Bitcoin reserves will “open a new...

Americans have recieved three rounds of stimulus payments from the government. In 2020, the Coronavirus Aid, Relief and Economic Act mandated payments of $1,200 for eligible adults — another $500 was available for those with qualifying children. In December, 2020, the Tax Relief Act...

Cryptocurrency Terra (CRYPTO: LUNA) has surpassed Ethereum (CRYPTO: ETH) to emerge as the second-largest staked asset among major cryptocurrencies. What Happened: LUNA’s staked value was $30.67 billion compared to its market capitalization of $35.17 billion, as per data from StakingRewards....

Decentralized liquidity protocol ThorChain's (CRYPTO: RUNE) token jumped over 40% to $5.82 over the last 24 hours early on Wednesday. ThorChain (RUNE) Price Performance Time-frame % Change (+/-) 24-hour 40.8% 24-hour against Bitcoin (CRYPTO: BTC) 36.95% 24-hour against...

The bullish narrative built around Layer 2 tokens, as users got priced out of Ethereum’s (CRYPTO: ETH) mainnet, failed to materialize this year, as per Delphi Digital. What Happened:  Instead, tokens that dedicated a part of their treasuries to incentivize users such as Polygon (...

Terra (CRYPTO: LUNA) touched a fresh all-time high of $83.74 on Monday night. What’s Moving? The token of the project that uses fiat-pegged stablecoins to power global payments traded 2.8% higher over 24 hours at $82.45. LUNA 24-hour volumes rose 43.99% to $3.9 billion. Over a seven-day...

Terra (CRYPTO: LUNA) has risen nearly 14% in the span of the last 30 days, despite major cryptocurrencies showing lackluster performance in the same period. What’s Moving? The token associated with the blockchain protocol, which uses fiat-pegged stablecoins to underpin global payment...