Bookmarking Crypto Insights
Auto Added by WPeMatico
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 just under $3 billion using today’s exchange rates. Luna Foundation Guard Scoops up 37,863 Bitcoin On May … Read more
The purchase, totaling roughly $1.5 billion, will be used to further backstop Terra Luna’s UST stablecoin. Go to Source Powered by WPeMatico
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally. Go to Source Powered by WPeMatico
Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders. Go to Source Powered by WPeMatico
BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action. Go to Source Powered by WPeMatico
Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand. Go to Source Powered by WPeMatico
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall interest … Read more
A few days of consolidation from BTC price could lead to a healthy bounce from LUNA, NEAR, VET and STEPN. Go to Source Powered by WPeMatico
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value by 3.5% over the last 24 … Read more
In this week’s DeFi newsletter we bring you an exclusive research report on Terra, Samson Mow’s shocking comment on DeFi and Fireblock’s latest DeFi institutional offering. Go to Source Powered by WPeMatico
