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Luna
Terra’s LUNA Surges 17% as UST Becomes Third-Largest Stablecoin
Terra has also purchased record amounts of Convex tokens in the past month, research found.
Inflation Concerns Hit Investors, BTC Holds Below $40K
Crypto Finance AG Head of Trading Mike Schwitalla shares his insights on the current state of the crypto markets as bitcoin’s price once again trades below $40K. Schwitalla discusses reasons for cryptocurrency sell-offs, inflation weighing on investor sentiment, and options trading. Plus, a conversation about stablecoin projects like Tether and Luna.
Luna Foundation Guard Adds $100M in BTC to UST Reserves
LFG's balance now sits at $2.26 billion, 75% of which is bitcoin.
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.
What’s Driving the BTC Price Dip?
MarketGauge's Michele Schneider discusses the possible catalysts for bitcoin market moves, citing a recent vote in the European Union to move forward with restrictive crypto regulations and increased buying by whales like MicroStrategy. Plus, a discussion about bitcoin as a risk-on or risk-off asset and why Schneider is optimistic about Luna, Avalanche, and Solana.
Bitcoin Flirts With 9-Day Winning Streak, Nears $48K
Bitcoin price stays flat after a few jumps in the past week.
Catalysts for Bitcoin's Recent Rally
Arca Chief Operating Officer Jeff Dorman discusses the current state of the crypto markets as BTC’s price continues to surge. Meanwhile, Terra’s luna token is posting new highs near $106. Dorman explains why rising interest rates, geopolitical tensions and fears of a looming recession could be driving cryptocurrency prices upward.
How Luna’s Plan to Buy $3B Worth of BTC Is Affecting the Market
As rumors circulate of the Luna Foundation Guard’s plan for a new BTC-backed UST stablecoin, Christine Lee presents on-chain data showing that $125 million worth of tether was moved out of a Gnosis safe address, along with another similar transaction to a Binance account. Lee discusses how Terraform Labs Co-founder Do Kwon’s plan to eventually purchase $10 billion in BTC could impact the crypto markets.
Bitcoin Breaks $43K Despite Powell's Call for New Regulations on Crypto
Marc Lopresti, The Strategic Funds' managing director, discusses the recent upswing in the crypto markets amid Fed Chair Jerome Powell’s statements on a digital dollar and Terra Luna’s purchase of $125 million worth of bitcoin. Plus, a conversation about investor interest in various altcoins like Solana, AVAX, and ether, and traditional finance’s ongoing effort to enter the DeFi space.