Altcoin News

Terra Stocks $1.7B Worth of BTC To Hit $10B Goal
Terra Stocks $1.7B Worth of BTC To Hit $10B Goal

Terra buys another $176 million in Bitcoin, 4 days after its 5,040 BTC purchase on April 6. LFG now carries a total of 39,897.98 BTC ($1.7 billion) Bitcoin. TerraUSD stablecoin will be backed by both their native LUNA token and Bitcoin. A Singapore-based Luna Foundation Guard (LFG), committed to promoting Terra blockchain, bought another $176 million worth of Bitcoin last Sunday, following its recent purchase of $200 million worth of BTC on April 6. The recent purchase showed an additional 4,130 BTC added to its wallet on April 10. This happened four days after its 5,040 BTC purchase on April

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Cardano Registers Additional 450k wallets in Q1 2022
Cardano Registers Additional 450k wallets in Q1 2022

Cardano blockchain added 450k wallets in Q1 of 2022 alone. An average of 5,000 wallets were added to its network daily. The network’s rapid expansion has greatly affected the rise of the number of wallets in Q1. The Cardano blockchain had an outstanding growth since last year, due to the increase in the number of wallets holding ADA –- the network’s native token. According to the data from Cardano Blockchain Insights, in the first quarter of 2022, the largest Proof-of-Stake (PoS) asset added 453,121 wallets in the middle of January 1 and March 31. There’s a total of 2,666,372 wallets

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Restaurant Makes Historic Adoption of APE for Payment
Restaurant Makes Historic Adoption of APE for Payment

Bored & Hungry became the first restaurant in the world to accept ApeCoin alongside Ethereum. BAYC and MAYC NFT holders received free treats during the restaurant’s opening. Meanwhile, people questioned the practicality of the payment method due to expensive ETH gas fees. Newly-opened Bored & Hungry restaurant has become the first in the world to accept ApeCoin as payment. Located in Long Beach, CA, Bored & Hungry is dubbing itself the first ‘Bored Ape’ restaurant as well. Aside from ApeCoin, Bored & Hungry will also accept Ethereum as a means of payment for its food. In addition, the restaurant has

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DOGE, SHIB Ranked 1st, 4th Popular Crypto in US
DOGE, SHIB Ranked 1st, 4th Popular Crypto in US

Dogecoin and Shib ranked 1st and 4th in terms of most Google-searched crypto in the US. Bitcoin and Ethereum are only ranked 2nd and 3rd most-searched in the said country.. “This study offers incredible insight into where these investments are coming from across the US,”  Coin Insider spokesperson said. A study claims that Dogecoin (DOGE) is the most google-searched cryptocurrency in the United States, followed by Bitcoin (BTC) and Ethereum (ETH). According Coin Insider, most people from 23 states searched for Dogecoin the most. These include Illinois, Hawaii, New Jersey, and Florida, undoubtedly making it the most popular token in

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WisdomTree Adds Solana, Cardano, Polkadot ETPs
WisdomTree Adds Solana, Cardano, Polkadot ETPs

WisdomTree launched three additional physically-backed crypto ETPs. These are WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW) and WisdomTree Polkadot (DOTW). The ETPs currently have the cheapest fees for ETPs for the three altcoins in Europe. WisdomTree, an American exchange-traded fund (ETF) provider, expanded its cryptocurrency products in Europe. Now, it has launched three additional crypto exchange-traded products (ETPs) backed by Solana (SOL), Cardano (ADA), and Polkadot (DOT). Several major European exchanges like Deutsche Boerse’s Xetra, the Swiss SIX exchange, and the Swiss Stock Exchange have already listed the ETPs. Euronext also offers these ETPs in Amsterdam and Paris.  SOLW, ADAW, and

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IoTeX Launches $100M Fund for Web3 Economy
IoTeX Launches $100M Fund for Web3 Economy

IoTeX has launched its $100 million Sustainable Ecosystem Fund. The said fund will support developers across DeFi, NFTs, DAOs, MachineFi, and more. IoTeX price is currently at $0.093, according to CoinGecko. IoTeX Foundation has announced that it will be allocating $100 million for its Sustainable Ecosystem Fund. According to an announcement, this fund will support developers across various blockchain sub-sectors including DeFi, NFTs, DAOs, and more. Of course, the fund is only available for projects within the IoTeX ecosystem. The blockchain network aims to bolster its Web 3.0 machine economy by supporting promising projects and onboarding billions of smart devices.

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Lucky Few Get an Exclusive First Look of SHIB Game
Lucky Few Get an Exclusive First Look of SHIB Game

A lucky few GDC 2022 attendees got a sneak peek of the upcoming SHIB game.  We don’t know much about the game, but the lucky few say it blew them away.  Fans, investors, and gamers are more excited than ever for the Shib game’s arrival. Alpha Director at Shiba Inu — Willian Volk, gave investors and fans an exclusive first look at the upcoming SHIB game. The game is in collaboration with PlaySide Studios and will likely launch around August 2022.  To highlight, SHIB fans are quite excited to see how the game will be when it is finally ready

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Dogecoin Added to Bitcoin of America’s Popular ATMs
Dogecoin Added to Bitcoin of America’s Popular ATMs

Bitcoin of America added Dogecoin to their BTMs. Several updates have been made with their BTM machines and services over the past year. Bitcoin of America offers several features on their BTM machines, as well as programs to take care of their host locations. Bitcoin of America has revealed the latest addition to their Bitcoin ATM machines (BTMs). Dogecoin is now accessible at Bitcoin of America ATM locations. A well-known virtual money exchange, Bitcoin of America is licensed as a money services business with the United States Department of Treasury (FinCEN). They offer good customer support, aside from guaranteed quick

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What Is ApeCoin? Benefits, Use Cases, and More
What Is ApeCoin? Benefits, Use Cases, and More

ApeCoin is a newly launched Ethereum token with Bored Ape Yacht Club NFT project as its roots. Bored Ape and Mutant Ape NFT owners were given thousands of ApeCoin for free. ApeCoin potentially be used by a wide group of businesses and projects. Last week, a decentralized autonomous organization called ApeCoin DAO launched ApeCoin crypto tokens. ApeCoin is an Ethereum-based token that works as a utility and governance token of the Bored Ape Yacht Club, a collection of 10,000 unique bored ape artworks NFT project of Yuga Labs. What Is ApeCoin? ApeCoin is an official creation of ApeCoin DAO and

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Cardano (ADA) Price Returns to $1. Will Support Hold?
Cardano (ADA) Price Returns to $1. Will Support Hold?

Cardano (ADA) price is back to $1 after over 30 days of trading below this line. ADA formed a Double Bottom pattern. The next 2 to 3 days will determine whether ADA has flipped the $1 resistance into support. After a month of trading below $1, Cardano (ADA) has finally retaken the highly strategic price level. As of the time of writing, ADA price is at $1.07, which is a surge of 33.8% from the last 7 days, according to CoinGecko. As seen on the chart above, ADA price has maintained three consecutive green candlesticks, signifying a surge in price

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What Is THORChain and Why Is It the Top Weekly Gainer?
What Is THORChain and Why Is It the Top Weekly Gainer?

RUNE is leading the top 100 cryptocurrencies in terms of 7-day gain at 61.1%. THORChain is arguably the only cross-chain DEX in existence. RUNE price is currently oversold. The crypto market has been under a prolonged consolidation period. Notable cryptocurrencies like Bitcoin, Ethereum, and Binance Coin have been trading sideways since the last two months. What is more, they have no definite bull run to display at the moment. On the other hand, other cryptocurrencies like Terra (LUNA), XRP, and Waves (WAVES) have seen convincing rallies. However, the top cryptocurrency in the first 100 list is none other than THORChain

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Coins.ph Is Giving Away an Axie Meta Team or Axie Land
Coins.ph Is Giving Away an Axie Meta Team or Axie Land

Token holders have a chance to win 1 out of 3 Axie Meta Team each week if they deposit AXS or SLP to their coin wallets. Top 100 converters per week will have a chance to win Axie Land. Promo runs from March 14 to April 10, 2022 only. Coins.ph has been offering a variety of promos for their customers, from vouchers, load promos, winning loyalty points, and free boosters. Now, to enhance the popularity of its app with Axie Infinity users, Coins.ph announced that customers will have a chance to win 1 out of 3 Axie Meta Team weekly

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