Terra’s LFG Pool Adds $170 Million Worth of Bitcoin at $42,600
The Luna Foundation Guard (LFG) pool has bought Bitcoin yet again. The pool currently holds almost 40,000 BTC, worth some $1.675 billion at the time of this writing. Luna’s LFG…
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The Rise of Bitcoin in El Salvador Portends a New US Foreign Policy Toolkit (Op-Ed)
US Rep. Norma Torres (D-CA) introduced the Senate Accountability for Cryptocurrency in El Salvador Act (ACES) Monday. Rep. Rick Crawford (R-AR) co-sponsored the bill. Rep Torres averred: “El Salvador’s adoption…
Bitcoin Price Analysis: BTC Rebounded At Key Support, Is The Bottom In?
Bitcoin’s price rally slowed down after getting rejected at the 200-day moving average line amid the $48K range. The 1-Day Timeframe Technical Analysis by Edris The price dropped lower since…
The First US State to Adopt Bitcoin Will Make Huge Gains (Op-Ed)
The United States could lose its preeminent financial and political influence in the world as other sovereign powers make haste to legalize and adopt Bitcoin as their reserve currency. The…
Bitcoin is a Super Strong Investment, Says Tennis Champion Serena Williams
One of the most successful tennis players of all time – Serena Williams – teamed up with Block Inc’s money transfer service provider – Cash App – to provide women…
Weekend Watch: Bitcoin Maintains $42K, Monero at 3-Month High After 8% Spike
After falling to its January 2021 all-time high of around $42,000, bitcoin has maintained that level following a relatively still trading day. The altcoins are also untypically calm today, with…
Bank of America: Crypto Can Outperform Stocks Amid Potential Fed-Propelled Recession
Bitcoin and other cryptocurrencies could outperform bonds and stocks amid a potential recession, noted Michael Hartnett, BofA’s chief investment strategist. In a recent note, he argued that the US Federal…
Russians Collectively Own Over $130 Billion Worth of Crypto, Prime Minister Mishustin Claims
Mikhail Mishustin – Russia’s Prime Minister – believes the Russian population collectively holds more than 10 trillion rubles ($130 billion) worth of cryptocurrencies. He assumed that most of those individuals…
Crypto Market Cap Drops Below $2T as Bitcoin Slides to 17-Day Low (Weekend Watch)
Bitcoin’s recent nosedives continued in the past 24 hours, and the asset slipped to a 17-day low of around $42,000. Most altcoins are also deep in the red, with the…
Mexico’s Third Richest Person Has 60% of His Liquid Portfolio in Bitcoin
Ricardo Salinas Pliego – the third-wealthiest person in Mexico – revealed he had allocated 60% of his liquid portfolio to bitcoin and bitcoin equities. The billionaire is a strong opponent…
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