Terra Faces Danger Despite LFG’s Bitcoin Accumulation
Terras LUNA is approaching a crucial support level that could define its future price action. As the macroeconomic outlook worsens, LUNA is at risk of a steep decline. Terras LUNA...
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Terras LUNA is approaching a crucial support level that could define its future price action. As the macroeconomic outlook worsens, LUNA is at risk of a steep decline. Terras LUNA...
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now…
The purchase, totaling roughly $1.5 billion, will be used to further backstop Terra Luna’s UST stablecoin.
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally.
Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders.
BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action.
Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand.
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower…
A few days of consolidation from BTC price could lead to a healthy bounce from LUNA, NEAR, VET and STEPN.
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi…