Stablecoin
Bitcoin Holds Steady as Luna Foundation Guard Resumes Purchases
The organization, which splurged on the cryptocurrency last week, resumed buying BTC on Wednesday after a one-day hiatus, according to one observer.
Tracking Luna Foundation Guard’s Bitcoin Purchases
Thanks to the transparency of Bitcoin, we can watch along as LFG moves UST towards a bitcoin-backed existence.
Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen
The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others.
What’s Driving Bitcoin’s Climb to Nearly $50K?
Josh Olszewicz of Valkyrie discusses several possible catalysts for BTC’s climb above $47,000, noting Terra’s $135 million in bitcoin purchase to back its stablecoin. Plus, a discussion about bitcoin’s price correlation with the S&P 500 index.
UK Set to Disclose Plans for Regulating Crypto in Coming Weeks: CNBC
Like the EU's framework for crypto assets that is currently making its way through the legislative process, the U.K.'s regulatory efforts may also focus heavily on stablecoins.
Acorns Exec on Adding Bitcoin Exposure Option
Acorns Chief Investment Officer Seth Wunder discusses the normalization of cryptocurrency as their investment platform launches a new feature allowing customers to add bitcoin to their portfolios. Plus, a conversation about how Luna’s alleged plans to offer a BTC-reserved stablecoin could impact the crypto markets.
Waves Breaks Into Top 50 Crypto Rankings With 240% Monthly Gain
Explosive growth of the Waves-based Neutrino protocol seems to have powered the token higher.
Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.
LUNA Surges 25% to New All-Time High of $104
Strong demand for Terra's stablecoin is behind the big move for sister token LUNA.
