Terra off to new record high as LUNA price outperforms market with 30% rebound in 3 days
The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion.
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The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion.
Whales with USDT holdings of $10,000 to $10 million added $1.06 billion worth of Tether to their wallets over the past month, increasing their buying power by 7%.
LUNA, AVAX and OSMO have outperformed most altcoins, hinting that a DeFi revival could be in store.
DeFi is undergoing a revival and this time, it’s happening on Ethereum network competitors.
ANC price risks becoming overheated, however, after a major rally.
The token burn appears as the supply of UST, Terra's stablecoin, rises by nearly 14.75% in the month.
The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week.
Stablecoins are another piece in the puzzle, like DAOs or digital identity. “And if we don’t have it just right at first, we’ll fix it.”
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.…
Despite a bearish backdrop for the overall crypto industry, the stablecoin supply has hit a total of $180 billion, surging by $9.5B over the past 30 days.