Price analysis 3/25: BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE
BTC and most major altcoins could witness a minor dip to retest lower support levels, but the overall trajectory appears to now favor bulls. Go to Source Powered by WPeMatico
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Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote
On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly 2% lower during the last 24 hours. Anchor Protocol Is Changing the Application’s Earn … Read more
Onchain Data Shows Terra’s Luna Foundation Continues to Stack Bitcoin
This week there’s been a lot of talk about Terra’s Luna Foundation purchasing bitcoin to hold in its reserves pool. Onchain data shows the organization’s wallet has transferred at least three tranches of tether worth $125 million each. Furthermore, reports show that the Luna Foundation has confirmed the recent bitcoin purchases. Onchain Data Indicates Terra’s … Read more
BTC price almost clears $43.5K with Terra $125M Bitcoin buy-ins gathering pace
A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin. Go to Source Powered by WPeMatico
Price analysis 3/23: BTC, ETH, BNB, XRP, LUNA, ADA, SOL, AVAX, DOT, DOGE
Bitcoin and most major altcoins remain close to their overhead resistance levels, indicating the possibility of more upside. Go to Source Powered by WPeMatico
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 million worth of bitcoin on March 21. The following day, bitcoin’s fiat value jumped to a high of $43,079 per unit and there’s been … Read more
Bitcoin hovers at $43K on Wall Street open amid growing fever over Terra’s $3B BTC buy-in
A major new BTC acquisition for Terra’s new U.S. dollar stablecoin is getting commentators and the market excited. Go to Source Powered by WPeMatico
Price analysis 3/21: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin and most major altcoins are attempting to sustain above their immediate support levels, signaling a possible change in the short-term trend. Go to Source Powered by WPeMatico
Terra price signal that preceded an 80% LUNA rally is back
LUNA price still risks correcting, however, with a weakening RSI and decreasing trading volume. Go to Source Powered by WPeMatico
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the same Space, Do Kwon explained the new mechanics that the Terra ecosystem is introducing in order to use bitcoin as … Read more
