Tag: terra

Following the prolonged bullish trend that started in mid-July, which saw the total cryptocurrency market capitalization rapidly climb towards the previous peak valuation of $2.55 trillion reached in May 2021, last Tuesday’s flash crash left a considerable dent and put a halt on the upwards momentum. On the tailwind of the historical news of El Salvador being the first nation to officially adopt...

On balance, 2021 has been an exceptional year for Terra so far. And, as developments on the project begin to converge, the rest of 2021 suggests the best is yet to come. But what are these developments, and how will they boost the Terra ecosystem? $LUNA is making moves Terra launched in...

The past week has seen the total crypto market re-reach $2 trillion bringing an air of confidence for the remainder of 2021. With that, thoughts turn to altseason, especially as several layer 1s are soon to launch major protocol updates. Twitter user...

The resurgence in the global digital currency market has stirred a number of remarkable jumps in the prices of various altcoins, most of whom decouple from Bitcoin (BTC) to chart their own course. The push of the global market cap above the $2 trillion benchmark has seen unprecedented contributions from altcoins other than Ethereum (ETH). The post Top 3 Coins to Watch this...

Terra’s uptrend to $40 remains unstoppable while supported by a solid technical outlook. Binance Coin loses ground above $500 as overhead pressure threatens liftoff to $600 in favor of a pulldown to $400. Most cryptocurrencies have slowed down the bullish price actions witnessed over the weekend and throughout Monday. For instance, Bitcoin gained ground above The post Terra, Binance Coin Price Analysis: August...

The cryptocurrency market ended Week 31 with a total market capitalization of $1.80 trillion and the sector is now eying to reclaim the $2 trillion valuation. Bitcoin, the world’s largest cryptocurrency is up by more than 15% in the last 7 days and is trading above $45,000 for the first time after May 18. Ether on the other hand is successfully riding the...

Cardano price begins trimming gains after failing to close the gap to $1.4. Terra price lifts by more than 20% to trade at $15. Cryptocurrencies across the board are grappling with intensifying overhead pressure. The gains- trimming exercise has been going on for a few days now. For instance, Bitcoin can barely hold above $38,000, although The post Cardano, Terra Price Analysis: August 3,...

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We are happy to announce that LUNA has joined the family of the over 200 cryptocurrencies available on Changelly! Starting today, users will be able to exchange it with other digital assets at floating rates on our platform. Terra is an application-specific blockchain built on the Cosmos SDK and Tendermint consensus. The Terra protocol deploys a suite of algorithmic, fiat-pegged stablecoins underpinning a...

The decentralized finance (DeFi) space is throwing new light on how to carry out transactions. This fast-rising sphere is furthermore revealing several of the shortcomings of the conventional centralized finance space. Last week was an exceptional one for the decentralized finance (DeFi) space, with top-notch DeFi updates. To keep our readers informed, we have published the details of some...

Secret Network (SCRT), a privacy-first blockchain protocol that provides data privacy, has announced a strategic partnership with Terra. The partnership is aimed at providing programmable privacy and decentralized finance (DeFi) opportunities for Terra assets. Secret Network (SCRT) announced the partnership via an official blog post. Disclosing that both platforms aim to create opportunities for liquidity providers, their assets, and...

The crypto market is yet to make a significant move, as Bitcoin (BTC) struggles below $35,000. The entire crypto world remains in shock as news of John McFee's death circulates. Allegedly Mr. McFee took his own life while incarcerated in a Spanish prison. Aside from that deeply saddening news, the crypto industry continues to grow; noting many development, and token listings....

What is Terra? Terra is a decentralized proof of stake blockchain network. The network is supported by a basket of algorithmic stablecoins which are pegged to fiat currency. Further, there is in-house governance and staking token called LUNA. The project has been developed by TerraForm Labs, Seoul, South Korea. How scalable is the Terra Network? Despite being a layer one blockchain, Terra can...

What is the Anchor Protocol?How does the Anchor Protocol work?What are the features and benefits of the Anchor Protocol?...