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Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today
31.3.2022
On 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...
Biggest Movers: WAVES up 50% on Tuesday, as RUNE and LUNA Move Higher
29.3.2022
WAVES was undoubtedly Tuesday’s biggest gainer, climbing by as much as 50% during the session. Gains in WAVES came as well, as LUNA once again overtook SOL as the world’s eighth-largest cryptocurrency. RUNE was also a big mover today. WAVES WAVES was easily the biggest gainer during...
Terra LUNA hits new all-time high after 100% rebound from 2022 lows — Correction ahead?
29.3.2022
LUNA price chart technicals are hinting at a possible 50% price drop in the coming weeks, however
Luna Foundation’s Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC
26.3.2022
During the last week, the cryptocurrency community has been discussing the bitcoin purchases made by Luna Foundation Guard (LFG), as onchain data shows LFG’s bitcoin wallet currently holds 24,954.95 bitcoin worth $1.1 billion. LFG’s Gnosis safe address shows over the last four days...
Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote
25.3.2022
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...
Onchain Data Shows Terra’s Luna Foundation Continues to Stack Bitcoin
24.3.2022
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...
BTC price almost clears $43.5K with Terra $125M Bitcoin buy-ins gathering pace
24.3.2022
A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC
22.3.2022
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...
2 metrics signal traders do not expect $2T crypto market cap anytime soon
21.3.2022
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market
Terra price signal that preceded an 80% LUNA rally is back
21.3.2022
LUNA price still risks correcting, however, with a weakening RSI and decreasing trading volume
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics
21.3.2022
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...
‘We’re already buying’: Terra founder plans to obtain $10B BTC for reserves
17.3.2022
Kwon also bullishly emphasized that its stablecoin TerraUSD (UST) backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.”
THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10 next?
15.3.2022
THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi."
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
14.3.2022
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized...
Biggest Movers: XRP Rises 7%, While LUNA Falls by the Same Amount
12.3.2022
Although cryptocurrency markets started the weekend lower, XRP was able to avoid the red wave, rising by as much as 7% in the process. LUNA on the other hand was lower, with ANC also down close to 10%. Ripple (XRP) XRP rose to its highest level in almost one month on Saturday, as the world’s...
Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard
12.3.2022
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 billion) to the Luna Foundation Guard (LFG) with...
Terraform Labs donates $1.1B for Luna Foundation Guard's reserves
11.3.2022
High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
Technical Analysis: LUNA Hits New High, as Biden Signs Crypto Executive Order
9.3.2022
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the “risks and benefits” of crypto, news of which sent the likes of NEAR and ANC almost 20% higher. Terra...
Terra off to new record high as LUNA price outperforms market with 30% rebound in 3 days
9.3.2022
The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion