Luno South Africa

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🪙 Algorand is available on Luno 🔘 Created in 2017 by computer scientist and MIT professor Silvio Micali 🔘 Unique Pure Proof of Stake (PPoS) consensus mechanism 🔘 Competitor of Ethereum 📚 Learn more about Algorand here: https://discover.luno.com/what-is-algo/ Investing in Crypto assets may result in the loss of capital. Luno is an authorised FSP, reg 53314.

💫 Stellar (XLM) is available on Luno 🔘 Launched in 2014 by Jed McCaleb and Joyce Kim 🔘 Formed partnerships with IBM, Deloitte, and Stripe 🔘 On a mission to make cross-border payments faster, more efficient, and more affordable 📚 Learn more about Stellar here: https://discover.luno.com/what-is-xlm/ Investing in Crypto assets may result in the loss of capital. Luno is an authorised FSP, reg 533314.

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In case you missed it... ⚖️ Luno is the first dedicated Crypto Asset Service Provider to be licenced by FSCA Read more about it here 👇 https://discover.luno.com/luno-fsca-licence/

In case you missed it... ⚖️ Luno is the first dedicated Crypto Asset Service Provider to be licenced by FSCA Read more about it here 👇 https://discover.luno.com/luno-fsca-licence/

📈 Crypto Price Update 🗓 10 April 2024 ..... - Bitcoin is currently trading a hair below the key level of $70K, down by 1.7% overnight - Ethereum is deeper in the red by 3% - XRP is up negligibly by 0.1% - Analysts say investors may be sitting on the sidelines as they wait for the latest inflation numbers from the US expected today. The latest CPI numbers could feature in the Fed’s decision of when to start trimming interest rates this year. .....

📈 Crypto Price Update 🗓 3 April 2024 ..... - The price of Bitcoin dipped to a low of around $64,000 before regaining some ground to currently trade at $66,215. - Ethereum is down a further 1.5% overnight, with most of the large-caps following a similar pattern. Solana is the exception, clawing back ground and trading 3% in the positive over 24 hours. - Analysts point to investor unease around a concoction of uncertainty surrounding interest rate cuts from the Fed, a strong Dollar, and the upcoming Bitcoin halving for the pullback. .....

Did you know... You can invest in the decentralised finance (DeFi) space using your Luno App. Tap on the links below to learn more about the new Coins available on Luno: 🔘 Maker (MKR) 🔘 Aave (AAVE) 🔘 Curve (CRV)

Did you know... You can invest in the decentralised finance (DeFi) space using your Luno App. Tap on the links below to learn more about the the new Coins available on Luno: 🔘 Maker (MKR) 🔘 Aave (AAVE) 🔘 Curve (CRV)

📈 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% .....

📈 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. .....

📈 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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📈 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%. .....

📈 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. .....

📈 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. .....

📈 Crypto Price Update 🗓 23 January 2024 ..... - The majority of cryptocurrencies are experiencing another day in the red. This morning, the price of Bitcoin dipped below the key level of $40,000, trading at around $39,700 at the time of writing. - Ethereum is further into negative territory, down by 3.8% and trading at roughly $2,300, with next-gen cryptos witnessing more pronounced sell-offs, as is often the case when cryptocurrencies ranked one and two by market cap retract. - Analysts continue to attribute the pressure on the price of bitcoin to significant outflows of capital from the Grayscale Bitcoin Trust ETF. .....

📈 Crypto Price Update 🗓 18 January 2024 ..... - Bitcoin and many other large-caps continue to trade sideways, showing little movement over 24 hours. The market leader is still circling the $42,800 level, while Ethereum remains priced around $2,500. - It’s a mixed bag in next-gen crypto markets, with Solana up by more than 3% and others such as Chainlink down by more than 2%, as it sheds some of yesterday’s gains. - Market indicators continue to reflect some greed in the markets, even as dust on the BTC ETF launch starts to settle. .....

📈 Crypto Price Update 🗓 16 January 2024 ..... - The price of bitcoin has stablised overnight after what’s been a busy week, even by crypto standards. The market leader is trading for around $42,700, flat over 24 hours - Ethereum is following a similar pattern, trading for around $2,500, up by 0.5%. - As is often the case, the younger generation of cryptos – Solana, Chainlink, Uniswap – are showing more pronounced price swings. Solana is up by 2.4% at the time of writing as many other large-caps are trading in the negative. - Trading of Bitcoin ETFs in the US resumes today after yesterday’s federal holiday in the US. Investors will be watching closely. .....

📈 Crypto Price Update 🗓 11 January 2024 ..... - The Securities and Exchange Commission (SEC) finally approved the first Bitcoin spot exchange traded fund (ETF), a move that experts say could open up bitcoin investment to financial institutions and other mainstream investors. - As some analysts expected, the market reaction was somewhat muted in what many are calling a buy-the-rumour, sell-the-news event. Bitcoin is trading around $46,000 this morning, up by less than 1% over 24 hours. - Ethereum continues to climb, trading around $2,500 and returning more than 8% to investors overnight. This comes as Fidelity seems to have plans for an Ethereum ETF. - Next-gen cryptos have followed, with Cardano, Avalanche and Polkadot all seeing returns in the double-digits. Other large-caps aren’t far behind. .....

📈 Crypto Price Update 🗓 9 January 2024 ..... - The Bitcoin price is up more than 7% overnight as it tested the $47,000 level, last seen in December 2021, before settling around $46,700. - Ethereum has followed and is up around 4% - Next-gen cryptos like Solana (14%) and Cardano (9%) have resumed their upward price movements. Avalanche (13%) and Polkadot (7%) are also in the same conversation, at the time of writing. - The market-wide rally is reflected in the market cap of the entire crypto industry, which is up more than 6% over 24 hours. - The Securities and Exchange Commission is expected to make a decision in the coming days on whether to allow Bitcoin ETFs in the US. Many analysts believe this will open the way for institutional investment into this new asset class. .....

Happy Holidays 🏖 The Luno South Africa Telegram channel will return in January 2024 with weekly price updates, product announcements, events, news and more! ---- You can also follow Luno on: X (Twitter): twitter.com/LunoGlobal LinkedIn: linkedin.com/company/LunoGlobal YouTube: youtube.com/LunoGlobal Instagram: instagram.com/Luno_Global

📈 Crypto Price Update 🗓 7 December 2023 ..... - Bitcoin has taken a breather after a few consecutive days of green candles which saw the price of the market leader by market cap up more than 14.5% over seven days. Bitcoin is currently trading for around $43,200, down by 1.1% over 24 hours. - Ethereum is down by 1.9% at the time of writing, but hangs on to 10% gains over seven days. - Third-generation cryptos such as Cardano, Avalanche and Polkadot continue to trade in the green. - Bitcoin trading volumes have calmed somewhat overnight as investors wait for the next signal to buy or sell. .....

📈 Crypto Price Update 🗓 5 December 2023 ..... - Bitcoin was trading above $42,000 yesterday before pulling back to current levels of around $41,500. The market leader by market cap is up by roughly 12% over seven days. - Ethereum has dipped 1.8% overnight but is still trading above $2,200, in the green by more than 10% over seven days. - The younger generation of cryptos have followed the original smart contracts crypto into the red. Solana has shed 7% off its price since yesterday, while Cardano, Avalanche, Polkadot and Polygon have all recorded losses. - With many Bitcoin investors sitting on unrealised profits thanks to the latest rally, the question is whether they will sell and take profits or hold on in case of another push. .....

📈 Crypto Price Update 🗓 28 November 2023 ..... - Bitcoin is down slightly trading just below the $37,000 threshold, while the price of Ethereum has seen a deeper drawdown, trading for $2,009 at the time of writing. - The majority of large-caps have continued to slip since yesterday, with Polygon, Solana, Cardano, Polkadot and Avalanche all seeing losses in price overnight. - While the markets have taken a breather, the Bitcoin network has seen an increase in miners vying for business, with the Bitcoin hashrate hitting an all-time high earlier in the week. Bitcoin’s hashrate is the measure of how much computing power is being used to secure the Bitcoin network, and generally increases as mining rigs join the network. .....

📈 Crypto Price Update 🗓 23 November 2023 ..... - Bitcoin is trading at $37,417 at the time of writing, back up in the green by 2.5%. - Ethereum is priced at $2,067, up by more than 3%. - As is often the case, the younger generation of cryptocurrencies show more pronounced movements than number one and two by market cap. Solana is up 5%+ while Avax is up more than 4%. Others such as Polkadot and Cardano have also shown returns over the last 24 hours. - The market cap of all cryptocurrencies combined is up by 2.4%. .....

🛒 Pay with Crypto at PnP We’ve expanded the cryptocurrency selection you can use at Pick n Pay beyond just bitcoin. Just follow these steps 👇 1. Ask your PnP cashier for the Contactless QR payment option or select it yourself on the point-of-sale device 2. On the Luno app, open your Home screen and select More 3. Choose Scan from the menu that pops up 4. Scan the QR code on the point-of-sale device 5. Select the Crypto that you would like to pay with, and follow the steps on your screen to confirm your payment -

📈 Crypto Price Update 🗓 21 November 2023 ..... - There’s been a pullback in many of the younger crypto markets this morning, with Chainlink, Polygon, Polkadot, Avalanche and Solana all down between 4% and 6%. - Bitcoin and Ethereum are virtually unmoved over 24 hours, both still keeping above their respective key levels of $37,000 and $2,000, respectively. - The market cap of all cryptocurrencies combined is down 0.3% over 24 hours, with the Fear and Greed Index still deep in Greed territory. .....

📈 Crypto Price Update 🗓 16 November 2023 ..... - Bitcoin has rebounded from yesterday’s drawdown to post 5% gains in the last 24 hours. - Ethereum is up more than 3% - The big movers of the day are Solana and Avalanche, which have returned more than 15% and 23%, respectively. - Most crypto markets are in the green today. This momentum is reflected the market cap of all the cryptocurrencies combined, which has increased by more than 4% overnight. .....

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