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Luno South Africa

Luno product announcements, crypto market news and community events in South Africa

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📈 Crypto Price Update 🗓 27 March 2024 ..... - Bitcoin is trading below the key level of $70,000 this morning, down by 1.2% - Ethereum has pulled back by around 2%, trading in the upper reaches of $3,500 - It’s a similar story across many other crypto markets, the majority seeing deeper dips than the market leaders. Maker counts among the few in the green today, if only by 1% .....
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📈 Crypto Price Update 🗓 20 March 2024 ..... - Institutional momentum continues even as the prices of Bitcoin and Ethereum are down significantly over a week. Mega-whale Michael Saylor announced yesterday that his company MicroStrategy bought another 9,245 Bitcoin during the dip, which brings its total to roughly 1% of all Bitcoin in circulation. Bitcoin is down more than 2% overnight and is trading for around $62,800 at the time of writing. - Ethereum is down more than 3%, priced around $3,200 this morning. BlackRock yesterday announced its plans for a Digital Asset Fund, backed by $100 million in USDC on the Ethereum network. - As for the markets, it’s another day deep in the red for many cryptos, while others are showing signs of recovery. Solana is down 6%, Cardano is down another 2%, while Polkadot, Chainlink and Polygon are inching into the green again. .....
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📈 Crypto Price Update 🗓 13 March 2024 ..... - Bitcoin has seemingly consolidated above $72,000, moving straight through $73,000 to trade at $73,470 this morning, up 2.5% overnight. - The price of Ethereum is up 2% with the original smart contracts crypto trading for $4,063, at the time of writing. The Dencun upgrade is set for release on the Ethereum network today. The aim is to introduce a new way for layer-2 networks to settle transactions on Ethereum, thereby reducing fees in the long run. - There are very few red candles in crypto markets today. AVAX, ALGO and Aave are among the cryptocurrencies that have delivered notable returns overnight, each posting daily green candles of 13% or more. .....
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Is crypto part of your investment diversification strategy?Anonymous voting
  • Yes
  • No
  • Crypto investment sits apart from my traditional investments
0 votes
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Do you consult a financial adviser when making investment decisions?Anonymous voting
  • Yes
  • No
  • Yes, but not for crypto investments
  • Especially for crypto investments
0 votes
2
Which of the following is closest to how you use crypto?Anonymous voting
  • Investing
  • Sending money
  • Paying for goods and services
  • Trading
0 votes
1
📈 Crypto Price Update 🗓 7 February 2024 ..... - Bitcoin and many other large caps showed little movement over the last 24 hours. The market leader continues to move in the $42,800-$43,000 range, while Ethereum is still hanging around $2,300 at the time of writing. - Solana is down marginally (-0.4%), despite a network outage yesterday which has since been resolved. - The price of Cardano is down by roughly 2%, while the Chainlink rally seems to have run out of steam, seeing LINK down by 3%. .....
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📈 Crypto Price Update 🗓 31 January 2024 ..... - Ethereum (+1%), Chainlink (+5%) and Polygon (2%) are up - Bitcoin (-1%) is down - Litecoin and Uniswap remain virtually unchanged since yesterday - Fear and Greed remains neutral, as Fed Chair Jerome Powell will announce the US central bank’s decision on interest rates later today. Most analysts and investors expect another pause on rates. - Taking a step back, many of the large-caps have clawed back positions with a significant gains over seven days. The price of Solana is up 17% over this timeframe, with Avalanche and Chainlink also showing double-digit returns. .....
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📈 Crypto Price Update 🗓 25 January 2024 ..... - Bitcoin continues to trade above the crucial level of $40,000, edging into positive territory this morning. - As some of the next-gen cryptos follow the market leader into the green, Ethereum remains in the red as it trades for around $2,200 at the time of writing. - Trading volumes on exchanges globally is down by more than 30% in the last 24 hours. Lower volumes are often an indication of market consolidation after a period of volatility. .....
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