Bitcoin News / Bitcoin.com - 2 years ago
Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO)...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth j...
Cryptocoins News / The Cointelegraph - 2 years ago
Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves.The raise allowed LFG to acquire 37,863 BTC via over-the-counter swa...
by COINS NEWS - 2 years ago
https://twitter.com/LFG_org/status/1522234947070689280?s=20&t=Md8nLzEzK9i-WB0sJE_Aag Luna Foundation coming in with a big OTC buy, $1.5B worth of bitcoin (37,863). This brings their total BTC reserve up to 80,393 making them the 7th largest walle...
Cryptocoins News / The Cointelegraph - 2 years ago
Terra (LUNA) price lost 31% over the past four weeks, erasing all of the gains accrued year-to-date. Even though the token continues to outperform the broader cryptocurrency market by 20%, Terra is struggling to hold above the $85 support.Previously,...
Cryptocoins News / The Cointelegraph - 2 years ago
Investors across the world are waiting for the outcome of the Federal Open Market Committee meeting on May 4. Although markets expect a 50 basis point rate hike and an announcement by the Fed to start shrinking its balance sheet from June, it is diff...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. equity markets opened on a tentative note on May 2 but a minor positive is that the crypto markets led by Bitcoin (BTC) are holding above their immediate support levels. The price action over the next few days will be dictated by the outcome...
Cryptocoins News / The Cointelegraph - 2 years ago
The month of April has been a forgettable one for equities and cryptocurrency investors. Bitcoin (BTC) plummeted 17% in April to record its worst-ever April performance. Similarly, the Nasdaq Composite plunged 13.3% in April, its worst monthly perfor...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. dollar index (DXY) turned down from its 20-year high on April 29 but that has not changed the bearish price action seen in Bitcoin (BTC) and the U.S. equity markets. Equities remain under pressure and this week, Amazon stock saw its biggest...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar reverses i...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) continues to trade below $40,000 as bears try to flip the level into resistance. The soaring U.S. dollar index (DXY), which is usually inversely related to Bitcoin, favors the sellers. However, it is not all gloom and doom because the B...
Bitcoin News / Bitcoin.com - 2 years ago
MATIC fell to its long-term support level on Saturday, following a surge in price during Friday’s session. This came as both RUNE and LUNA also dropped, and traded by as much as 5% lower to start the weekend. Polygon (MATIC) During...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) turned down sharply on April 21, maintaining its tight correlation with the U.S. equity markets, which reversed direction after U.S. Federal Reserve Chair Jerome Powell hinted that a 50 basis point rate hike was “on the table” in May. T...
by COINS NEWS - 2 years ago
I’ve been using Terra lately loving the stable coin returns and swift price action of the native token. I’ve heard some accusations it’s a Ponzi scheme and I realized I don’t actually understand where the Anchor yields are coming from.(?) I also hear...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. dollar currency index (DXY) turned down sharply after rising above 101 on April 20 but this weakness in the dollar has not helped Bitcoin (BTC), possibly because the S&P 500 is struggling to build upon its strong rally on April 19. This...
by COINS NEWS - 2 years ago
Every time UST is mentioned on r/cc inevitably someone in the comments asks about Anchor Protocol's APY and it's sustainability. Which is fair enough, people are looking for information and this subreddit seems like a reasonable place t...
Cryptocoins News / NewsBTC - 2 years ago
LUNA continues to display strength as the crypto market trends to the downside. Despite the current short-term increase in selling pressure, this cryptocurrency managed to enter uncharted territory, and its price action hints at more upside. Related...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) and most major altcoins have started the new week on a soft note and the Crypto Fear and Greed Index has dropped into the “extreme fear” zone, suggesting that investors are still nervous.Bitcoin has declined about 17% year-to-date while...
by COINS NEWS - 2 years ago
(Noun) A blockchain protocol that is majority owned and centrally administered by a group of venture capitalists that are usually US and often San Francisco Bay Area based. Instead of the usual properties of a cryptocurrency exhibited by the likes of...
by COINS NEWS - 2 years ago
submitted by /u/BenDoverR8Now [link] [comments]
Bitcoin News / Bitcoin.com - 2 years ago
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday m...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) remains closely correlated with the S&P 500 but the institutional investors do not seem to be waiting for a turnaround in the United States' equities market or decoupling to happen before buying more Bitcoin. Notably, 30,000 Bitcoin...
Cryptocoins News / The Cointelegraph - 2 years ago
Terra blockchain developer Terraform Labs (TFL) has gifted the Luna Foundation Guard (LFG) 10 million LUNA, worth around $820 million at current prices. LFG is a nonprofit organization attached to Terra tasked with collateralizing the network’s algor...
