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Terra
Why LFG's BTC Buying Spree Barely Moved the Markets This Time
The Luna Foundation Guard (LFG) added over $173 million in bitcoin (BTC) to its TerraUSD stablecoin reserves, totaling its holdings to almost 40,000 BTC, or roughly $1.67 billion. “The Hash” group discusses the lack of a bitcoin price reaction to LFG’s purchases, the correlation of bitcoin to traditional markets and the “tribal nature of crypto.”
Terra’s LUNA Leads Slide in Majors as Ether Nears $3K
Crypto markets slid on Monday amid a weak trading session in Asia and Europe in broader markets.
Luna Foundation Guard Holds Almost 40,000 BTC After Weekend Purchase
Luna Foundation Guard bought $173 million worth of bitcoin over the weekend, but bitcoin is down 2%.
Terra Backers Buy $200M in AVAX Tokens, Bolstering Crypto Reserves Beyond BTC
The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX.
First Mover Americas: Luna Foundation Guard Is Back Buying Bitcoin, Fed Minutes on Deck
The latest moves in crypto markets in context for April 6, 2022.
Swan Bitcoin CEO on LFG’s Bitcoin Reserves Impacting the Crypto Markets
Swan Bitcoin CEO Cory Klippsten discusses the Luna Foundation Guard’s recent bitcoin buying spree for its UST reserves, commenting on the Anchor Protocol and Terraform Labs Co-Founder Do Kwon’s recent statement about Terra’s impact on the crypto markets. Plus, comments on bitcoin adoption curve and why he thinks BTC’s market cap could reach $21 trillion eventually.
Terra Wallet Leap Raises $3.2M in Private Token Sale
If estimates in Leap's litepaper of an 8% private sale allocation hold true, the startup has a valuation of $40 million.
Crypto Markets React to LFG's BTC Reserves, Musk Taking 9.2% Stake in Twitter
Quantum Economics Founder & CEO Mati Greenspan discusses the current state of the crypto markets as the Luna Foundation Guard purchased about $400 million worth of BTC over the past week for its UST reserves. Plus, a conversation on dogecoin’s price spike following Elon Musk’s new stake in Twitter and why Greenspan is bullish on the Near Protocol.
OKX Offering Bitcoin, Ether Trading Pairs Against Terra's UST
Spot trading for Solana’s SOL and Avalanche’s AVAX tokens against UST stablecoins will also be launched.
