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Technical Analysis: LUNA, AVAX Lead Wednesday’s Crypto Rally


AVAX, and LUNA were some of the biggest gainers in crypto markets on Wednesday, as the recent bearish sentiment has momentarily faded. As of writing, the global crypto market cap was 4.51% higher than at the same point yesterday. Terra (LUNA) AVAX is currently trading over 12% higher...

Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg


The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve —...

Indian Advertising Watchdog Releases New Guidelines For Crypto Ads


  The Advertising Standards Council of India (ASCI) has released new guidelines for advertising virtual digital assets and related services in a bid to introduce industry standards.  The council said in a statement that the guidelines were developed following extensive consultation with relevant...

Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round


A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...

Bitcoin and Ethereum Keep Moving Higher, LUNA and AVAX Extend Gains


  Bitcoin price gained pace above the USD 37,000 level and was able to clear the USD 38,500 resistance. It is currently (11:59 UTC) showing positive signs near USD 38,900 and might rise to USD 39,500. Similarly, most major altcoins are also rising steadily. ETH was able to clear the USD 2,650...

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