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Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance

On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up…

Continue ReadingLuna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance

Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis

Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform…

Continue ReadingTerra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis

Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by…

Continue ReadingStablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days

Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion.…

Continue ReadingTotal Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days

Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Macro, technicals, and uncertainties concerning Terra's LUNA-burning mechanism could push price further down in April.

Continue ReadingTerra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million

On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates,…

Continue ReadingTerra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million