by COINS NEWS - 2 years ago
LUNA Hits All-Time High as Terra Loads up on BTC Reserves
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by COINS NEWS - 2 years ago
submitted by /u/ersleid [link] [comments]
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
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...
Cryptocoins News / NewsBTC - 2 years ago
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 $...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
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...
Bitcoin News / Bitcoinist - 2 years ago
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...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
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...
Bitcoin News / Bitcoinist - 2 years ago
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...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
by COINS NEWS - 2 years ago
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...
Cryptocoins News / Blockchain - 2 years ago
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...
by COINS NEWS - 2 years ago
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...
Cryptocoins News / NewsBTC - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
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...
Cryptocoins News / The Cointelegraph - 2 years ago
On Friday, Do Kwon, founder and CEO of Terraform Labs, which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated 12 million LUNA, or $1.1 billion at the time of publicati...
by COINS NEWS - 2 years ago
I was interested in investing in Terra after heading about it, but after doing basic early research, I now have big qualms. Help me understand why I'm wrong... Or confirm my concerns. Here's the problem I have with Terra: Assume I own the ent...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Terra’s LUNA resumed its upward march this week, with the price of the token rebounding more than 30% in three days.LUNA’s price reached nearly $100 on March 9 following a 15% intraday rally, coming near its record high of $106 from December 2021. At...
Cryptocoins News / The Cointelegraph - 2 years ago
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which Terra-based coins you should be looking out for in 2022.But first, market expert Marcel Pechman carefully examines the Bitco...