Terra Luna outperforms top 10 in gains as crypto market rebounds
Per CoinMarketCap data, Terra (LUNA), the native token of smart contracts blockchain Terra, is up nearly 10% in the last 24 hours at a present price of $59.08.
LUNA has outperformed the top 10 cryptocurrencies in terms of gains over the last 24 hours, including BTC (up 1.4%), SOL (up 4.06%) and AVAX (up 8.14%).
Luna Foundation Guard raises $1 billion to form Bitcoin reserve for UST stablecoin
The Luna Foundation Guard (LFG) has raised $1 billion through an over-the-counter sale of LUNA, the native token of the Terra blockchain.
Proceeds from the $1 billion sales will go towards establishing a Bitcoin-denominated forex reserve for UST, Terra’s biggest stablecoin. The reserve will act as a “release valve” for UST redemptions; it is designed to ensure that the price of the stablecoin remains pegged to that of the dollar during sharp selloffs in crypto markets.
Dogecoin-inspired restaurant opens in Dubai, accepts crypto payments
A cryptocurrency-based restaurant has opened in Dubai and is accepting payments in every major crypto asset for food based on the meme-inspired cryptocurrency Dogecoin.
The restaurant reportedly accepts payments in all major crypto sassets, including DOGE, BNB, CRO, XRP, USDT, and even rival meme-inspired cryptocurrency SHIBA INU (SHIB).
Aada Finance integrates the Djed stablecoin, issued by COTI
COTI, a fintech platform that enables organizations and businesses to create their own payment solutions, announced a new partnership with lending platform Aada Finance to integrate Djed, an algorithmic stablecoin built on Cardano and issued by COTI. Djed is expected to be released later this year.
Top 5 Trending Assets
After witnessing a significant growth of 153.56% to a price of $0.56950238 in just 24 hours, BCOIN has led the Top Gainers and Top Trending on ONUS with 283k views.
Other assets, such as FALCONS, ITAMCUBE, and H3RO3S, continue gaining in popularity among the ONUS community, as they remain in the Top 5 Trending Assets. SURV, a new asset listed yesterday on the ONUS app, surprised by being ranked 4th in the Top Trending, with a growth of 12.07%.
Axie Infinity signed partnership with Bit2Me
Axie Infinity has signed an alliance with Bit2Me, one of the biggest Spanish cryptocurrency–based financial technology services platforms, to expand and reinforce its presence in Portugal, Spain and Latin America.
DOGE replaces Polkadot as 12th largest cryptocurrency
According to CoinMarketCap data, Dogecoin has flipped Polkadot in terms of market capitalization. With a present market valuation of $17.13 billion, Dogecoin now ranks 12th largest cryptocurrency ahead of Polkadot’s market cap of $16.09 billion.
According to WhaleStats data, Dogecoin has returned to the top 10 token holdings by Binance whales. The top 1,000 BSC-based wallets are holding 324,950,073 DOGE. That is worth a whopping $46,070,284 at the current exchange rate.
Number of Bitcoin “Hodlers” reaches new All-Time High
According to Glassnode, the supply of Bitcoins that have been held for more than half a year has reached a record high, about 76.5%; the current supply of Bitcoin that have been held for more than 10 years is about 12.6%, equivalent to 2.39 million BTC.
Dogecoin and other crypto assets to be accepted by major U.K. law firm for payments
U.K. law firm Gunnercooke has announced it is now accepting cryptocurrencies as payment for legal and professional services. Coinpass, a U.K.-based crypto exchange, has teamed up with Gunnercooke to make the transactions possible.
Axie Infinity becomes first NFT series to break $4B in sales
Play-to-earn superstar Axie Infinity became the first non-fungible token (NFT) series to cross the US$4 billion mark in historic sales, according to CryptoSlam data.
Running on the Ethereum sidechain Ronin, Axie Infinity’s total sales volume is almost double the value of the second-place NFT collection, CryptoPunks.