Biggest Movers: LUNA Falls to 6-Week Low, as ALGO Surges 15% on Saturday

news.bitcoin.com

Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO) ALGO was easily one of the biggest gainers during Saturday's session, as prices rose

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Timeline of Algorand, Terra-luna


These 3 Cryptos Are Leading A Recovery From This Week's Crash - Coingape

The crypto market saw one of its worst crashes ever over the past week, amid concerns over rising inflation and interest rates. But three tokens appeared to have largely outperformed the 50 largest cryptocurrencies, with each seeing their own share of bullish news through the week.


Solana (SOL) And Terra (LUNA) Could Ignite An Uptrend By The Weekend! This Is Where You Can Book Profits! - CoinPedia

  The folks from the crypto-verse are ever keen on buying potential digital assets at the dips. Marketers are now acute on investing in prominent cryptocurrencies such as SOL, and LUNA. Which are currently sailing at the bottoms and might ignite a run to the highs. Whilst the SOL's price has been hovering closer to its …


Algorand price analysis: Bulls try to uplift ALGO price at the $0.700 level. Resistance ahead? - Cryptopolitan

The Algorand price analysis is bullish for today as the price has increased up to the $0.700 range after recovering at a much faster pace yesterday as well. Earlier the coin was on recovery from 1 May 2022, but the price levels crashed on 5 May 2022 when the price stooped down to $0.632, but.

AlgorandALGO$0.299800
Terra-lunaLUNC$0.000050

Terra: From UST to TVL, all the reasons why LUNA might be gearing up for a rally - AMBCrypto

Terra (LUNA) has extended its Bitcoin buying spree, becoming the second-largest corporate holder of the top cryptocurrency. As per this acquisition, the Luna Foundation Guard (LFG) purchased $1.5 billion worth of BTC as per the official annoucement.


Terra Virtua Joins Williams Racing As Official Metaverse Partner - The Daily Hodl

May 5, 2022 – London, United Kingdom Metaverse platform Terra Virtua has joined Williams Racing as its official metaverse partner. The multi-year partnership begins this weekend as the Formula One racing team takes to the track in Florida for the first-ever Miami Grand Prix. The collaboration will celebrate one of British motorsport's most innovative and The post Terra Virtua Joins Williams Racing As Official Metaverse Partner appeared first on The Daily Hodl.


Terra's dominant DeFi protocol may need another bailout soon - The Block

Quick Take A failsafe reserve used by high-yield lending protocol Anchor Protocol has declined by over 43% in the last month. The protocol is hoping to try to find an equilibrium to stay afloat but it may need another influx of cash.


Bnext gets $4.5 million investment led by borderless capital to drive DeFi on Algorand - AMBCrypto

 Borderless Capital has increased its investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million.  What This Means For Bnext This latest investment will help further Bnext's goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond.


Another New Stablecoin? This Blockchain Will Compete With Terra, Near - Coingape

After Tron and NEAR Protocol announced decentralized algorithmic stablecoin plans, IOST has now joined other crypto platforms to dive into the algorithmic stablecoin space. The success of Terra's UST stablecoin has led to new entrants exploring this important asset class in the crypto market.


Terra(LUNA) Price May Range Nearly 8% & Close Today's Trade Above $85, But There's A Catch! - CoinPedia

The crypto space yet again witnessed a sudden drop which was fueled by the hiked interest rates by the FED. Initially, the market responded positively, but with the start of the US stock market, the global markets including cryptos witnessed a huge dump. Amid the sell-off, the LUNA price also witnessed a steep drop but …


LUNA Is Preparing For A Recovery As 3 Key Metrics Show - DCForecasts

LUNA is preparing for recovery as three key metrics show but it is still far from its ATH so let's have a look at the altcoin news today. LUNA's price lost 31% over the past four weeks and erased all of the gains that it accrued year to date and though the token continues to

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