Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC

During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth around $1.1 billion using today’s exchange rates. $1.1 […]

Go to Source

Powered by WPeMatico

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance SheetsDuring the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5, 2021, by approximately […]

Go to Source

Powered by WPeMatico

Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC

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 morning, the non-profit organization has approximately 42,530.827 bitcoin. LFG Acquires Another Batch of Bitcoins for […]

Go to Source

Powered by WPeMatico

Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance

Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla's BalanceOn April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to […]

Go to Source

Powered by WPeMatico

Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million

Terra's Luna Foundation Scoops up 4,130 Bitcoin Worth $176 MillionOn Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176 Million in Bitcoin for the UST Decentralized Forex Reserve […]

Go to Source

Powered by WPeMatico

Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin

Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 BitcoinOn April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last 24 hours. LFG Buys the […]

Go to Source

Powered by WPeMatico

Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today

Luna Foundation Bitcoin Wallet Nears Tesla's Stash, BTC Address Is the 29th Largest Wallet TodayOn March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated 5,773.02 bitcoin. At the time of writing, LFG’s wallet now holds 30,727.97 bitcoin worth more than $1.4 billion using today’s exchange rates. In a relatively short period of time, LFG’s bitcoin wallet is up […]

Go to Source

Powered by WPeMatico

Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple

Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins DecoupleOn Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by 31% in Q3. The report shows that altcoins […]

Go to Source

Powered by WPeMatico

Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold

Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital GoldGold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […]

The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Grayscale’s Ethereum Trust Attains SEC Reporting Company Status

Grayscale's Ethereum Trust Attains SEC Reporting Company StatusGrayscale Investments says the registration statement on Form 10 that it filed with the U.S. Securities and Exchange Commission (SEC) on behalf of the Ethereum Trust has become effective. This means Ethereum Trust is now an official SEC reporting company and the second digital currency investment product to achieve the milestone. Grayscale’s BTC Trust (GBTC) […]

The post Grayscale’s Ethereum Trust Attains SEC Reporting Company Status appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico