News about TERRA

News about Terra

Terra Buys Another 2,943 BTC Worth $140 Million to Build its Stablecoin Reserves

submitted by /u/CurrentArm2940 [link] [comments]

Bitcoin hits 3-day low as Terra BTC buy-ins dry up below $48K

Bitcoin (BTC) hinted at a welcomed retracement overnight into March 30 after relentless upside failed to flip $48,000 to support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC still on target to crack $50,000Data from Cointele...

Terra TVL Climbs To New High Amid Bitcoin Buying Spree

Terra total value locked (TVL) is on the rise. The network had quickly grown to become one of the top decentralized finance (DeFi’0 contenders in the space, surpassing well-established and popular networks like the Binance Smart Chain (BSC). While Te...

Terra to buy $10 billion worth of Bitcoin to back UST stablecoin

Terra plans to buy and hold up to $10 billion worth of Bitcoin, a massive haul of the flagship cryptocurrency that Terraform Labs says will be used to back the stablecoin TerraUSD (UST). Instead of Terra holding cash reserves and other cash equival...

Terra LUNA hits new all-time high after 100% rebound from 2022 lows — Correction ahead?

Terra (LUNA) rose to its best level to date on March 29 as the Luna Foundation Guard's (LFG) plans to increase its Bitcoin (BTC) reserves eased anxiety about the impact of an increasingly hawkish Federal Reserve and the ongoing Ukraine-Russia war on...

LUNA Hits All-Time High as Terra Loads up on BTC Reserves

submitted by /u/ersleid [link] [comments]

Terra (UST) Buys $125 Million Worth of BTC out of $11.2 Billion Planned to Acquire in Three-Month Period

submitted by /u/Desperate_Day_8813 [link] [comments]

Terra’s Bitcoin purchase and BlackRock comments back ETH’s surge to $3.1K

Ether (ETH) bulls have a few good reasons to celebrate the 20% gain between March 14 and March 24. The price increase surprised many and led to the first daily close above $3,000 in 34 days. Even with this move, Marc's $2.4 billion Ether options expi...

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...

Bitcoin Almost Hits $44,000 With Terra $125 Million BTC Purchase Tempo Up

Since Jan. 24, Bitcoin has been rising above an ascending support line. Thus far, the cryptocurrency has confirmed the line many times, and the subsequent rebound has resulted in the continuous upward movement. The price is rapidly approaching the $...

BTC price almost clears $43.5K with Terra $125M Bitcoin buy-ins gathering pace

Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by blockchain protocol Terra fuelled optimism.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewThe BTC buys keep comingData from Cointelegraph Markets Pro and TradingView showed...

Terra (LUNA) Co-Founder Reveals Massive $3,000,000,000 Bitcoin (BTC) Purchase Is Already Underway

submitted by /u/ChemicalGreek [link] [comments]

Terra may be about to repeat $125M BTC buy that sparked Bitcoin's run to $43.3K

Bitcoin (BTC) could be set for a repeat of this week's run to weekly highs after Blockchain protocol Terra appeared set to buy another $125 million of BTC.A wallet thought to belong to Terra but not officially confirmed to be under its control sent a...

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 fol...

Is Terra (LUNA) Behind The Recent Bitcoin Surge?

Bitcoin has been surging recently, making it above the $42,000 level. This is no doubt important for the digital asset as it puts it one step towards the establishment of another bull trend. However, there have been speculations as to the reasons beh...

Bitcoin hovers at $43K on Wall Street open amid growing fever over Terra's $3B BTC buy-in

Bitcoin (BTC) showed signs of wanting higher levels still on March 22 as Wall Street trading saw a return above $43,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTerra co-founder: 'Most of' $3 billion still unpurchasedData from Coint...

Terra price signal that preceded an 80% LUNA rally is back

A technical setup that preceded an 80% price rally in the Terra (LUNA) market in August 2021 has appeared again.LUNA paints bullish MACD crossoverThe technical setup involves a so-called “signal line crossover” between LUNA’s weekly MACD line — equal...

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 th...

Terra (LUNA) Will Buy $10 Billion Worth Of Bitcoin. Here’s Why

Terra is one of the fastest-growing blockchains currently. Seemingly coming out of nowhere, the network had quickly become a strong rival for the leading smart contract platform in the space. Its staking features are used by millions, leading to bill...

‘We’re already buying’: Terra founder plans to obtain $10B BTC for reserves

The founder of Terraform Labs (TFL) and Ethereum competitor Terra Do Kwon has outlined plans to accumulate a whopping $10 billion worth of Bitcoin (BTC) to add to the project’s stablecoin reserves. Terra is a decentralized blockchain platform that sp...

Ok I admit it. I don’t understand TERRA LUNA at all, but I’m still making money from it.

Despite this bearish market, the TERRA ecosystem has been a tiny spark of light. I did my research as always and got in a few weeks ago at about $52. I’ve sold and rebought on and off, for the last couple of weeks, and made a decent profit. (I’m not...

Terra Founder Do Kwon Agrees to $1M Bet on the Future Price of LUNA

What better way is it for a startup’s founder to spend his money than for him to bet on the success of his project? This could be tagged as the case of Do Kwon, the founder of Terraform Labs, the blockchain startup in charge of the Terra blockchain...

Founder of Terra, Do Kwon just entered into a $1 M bet with another Twitter user that a year from today, the price of Luna will be > $88. Locked & Loaded. Cobie is the custodian. Giant balls

Gotta love an old fashioned bet, putting skin in the game instead of just running your mouth.. User AlgodTrading thinks the whole Terra ecosystem is a scam and will unravel quickly, Do Kwon the founder of Terra obviously thinks otherwise. What...

Terra (LUNA) Surpasses Ethereum Becoming Second Most Staked Asset

Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed...

Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard

Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 bill...

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