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Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15
19.5.2022
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens
Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%
17.5.2022
Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during...
Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday
14.5.2022
Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who entered at the very bottom have seen these gains. This comes as AVAX and NEAR both fell by over 20%. Avalanche (AVAX) Although LUNA was undoubtedly...
Avalanche drops 30% on fears Terra's LFG will dump AVAX next
11.5.2022
Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
9.5.2022
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great...
Anchor Protocol rebounds sharply after falling 70% in just two months — what's next for ANC?
7.5.2022
The total value locked inside the Anchor Protocol's liquidity pools reached an all-time high earlier this week
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
5.5.2022
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s...
Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead?
5.5.2022
Crypto market correlation and Valkyrie's Avalanche fund launch also helped push AVAX to a weekly high
Avalanche (AVAX) loses 30%+ in April, but its DeFi footprint leaves room to be bullish
29.4.2022
AVAX is trading below $65, but the network’s large DeFi ecosystem and DApp use are reflective of its strong fundamentals
Ava Labs raises $350M at $5.25B valuation: Report
14.4.2022
The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion
Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance
13.4.2022
On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s...
Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis
13.4.2022
Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform Labs CEO explained in a tweet. Terra Bridge Adds 5 New Chains On April 12, 2022...
Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million
10.4.2022
On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176...
Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve
8.4.2022
Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra...
Crypto Prospects of the Month: FIREPIN Token (FRPN), Cronos (CRO), and Avalanche (AVAX)
8.4.2022
The crypto market has suffered a minor decline after two weeks of prosperity as we comfortably head into spring. With the likes of Bitcoin (BTC) and Ethereum (ETH) reaching levels of $47,000 and $3,500, both cryptos have dipped since to values of over $43,000 and $3,200. Despite the setback, that...
Avalanche (AVAX), Terra (LUNA), and Explora Chain (EXPL) Embrace the DeFi Billions
30.3.2022
It is reasonable to conclude that the world of cryptocurrency has entered the mainstream. Crypto discussions are heard in most developed world’s bars, schools, & companies, from the UK to South Korea, Nigeria, & Turkey. The crypto industry’s heavyweights, Bitcoin and Ethereum...
Canadian Musician Grimes Reveals ‘Intergalactic Children’s Metaverse Book’ at Avalanche Summit
27.3.2022
At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by...
Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote
25.3.2022
On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly...
Biggest Movers: AVAX Almost 20% Higher, as RUNE and ZEC Near 15% Gains on Saturday
19.3.2022
Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and FTM were all trading over 10% on Saturday...
Biggest Movers: AVAX, RUNE up Over 10%, as CAKE Surges 20% on Thursday
17.3.2022
AVAX was once again higher on Thursday, rising for its fourth consecutive session, as it further cements itself in the crypto top ten. Although RUNE was also trading by as much as 15% higher, it was CAKE that led Thursday’s gainers. Pancakeswap (CAKE) Pancakeswap (CAKE) rose to its highest...