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Terra
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.
Market Wrap: Cryptos Mixed as Volatility Fades; Analysts See Risk of Selling Pressure
Traditional safe-haven assets declined on Tuesday as Russia-Ukraine tensions eased, but some indicators point to a pause in the risk-on rally.
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.
Catalysts for Bitcoin's Recent Rally
Arca Chief Operating Officer Jeff Dorman discusses the current state of the crypto markets as BTC’s price continues to surge. Meanwhile, Terra’s luna token is posting new highs near $106. Dorman explains why rising interest rates, geopolitical tensions and fears of a looming recession could be driving cryptocurrency prices upward.
Market Wrap: Bitcoin Rallies as Crypto Holders Accumulate
Crypto prices are rising after the Luna Foundation Guard purchased $1 billion worth of BTC.
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.
Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency
With a plan to buy up $10 billion of BTC, Do Kwon’s UST stablecoin project may be fulfilling a prophecy by the late recipient of the first bitcoin transaction.
BTC Tops $44K as Terra’s Luna Foundation Increases Reserves
Fernando Martínez, OSL managing director and head of Americas, explains the current uptrend in the crypto markets amid rumors of Terra’s ambitions to accumulate bitcoin as a reserve asset. Plus, a conversation about why Russian officials are considering turning to bitcoin for oil sales.
