The price of Bitcoin is projected to rise dramatically due to Terra’s plan. The business intends to surpass Satoshi Nakamoto’s holdings in bitcoins at some point. More than $139 million worth of Bitcoins has apparently been purchased by Terra lately. Terraform Labs Co-Founder, and CEO Do Kwon recently made public
As of January 21, there have been no sales of any Bitcoin from the wallet. Terra’s purchases seem to support the Bitcoin market. After a massive BTC buy, almost $1.5 billion in Bitcoin (BTC) has now been gathered in the Terra wallet. On Wednesday, Terra’s wallet address got an additional
The ETP will get off the ground with $100 million in initial funding. PUBG’s South Korean creator, Krafton, claimed it was working with Solana Labs. This week, the Solana (SOL) token, the native token of the Solana blockchain, surpassed Terra (LUNA) to retake its position as the eighth-largest crypto token
The Luna Foundation Guard may deploy its BTC reserve on-chain in a reserve mechanism. The Terra (LUNA) price has risen by more than 5% in the last 24 hours. A total of 2,830 BTC (about $133.5 million) have been added to Terra Foundation’s wallet to reach the $10 billion BTC
Terra’s LUNA has been the best performing altcoin for the past few years while the activities of its network have been effective. The co-founder of Terra has actively been posting a couple of updates earlier this month regarding BTC reserves. Following this, Terra purchased about $125 million worth of Bitcoins
On Tuesday, a $125 million BTC acquisition was widely discussed on social media. Terra purportedly transferred $125 million worth of USDT to Binance. On March 21, 2022, Terra’s creator, Do Kwon, spoke about Terra’s purchase of billions of dollars worth of bitcoins (BTC). Also, questioned why BTC reserves were a
Some Terra supporters think it will soon overtake ETH in the DeFi finance sector. On Monday, the 14th, the debate reached epic proportions. There has been a mixed response for the Terra ecosystem (LUNA) since the recent growth of the stablecoin algorithm connected to the UST dollar and the appreciation
Terra has been up 3.57% in the last 24 hours. Terra has risen to the second position, surpassing Ethereum in the rankings. Due to a recent price increase, LUNA tokens have overtaken Ethereum as the second most heavily staked main digital currency in TVL. Terra’s LUNA presently has over $29
An impressively long green candle on February 28 lifted LUNA over $90. LUNA’s volatility has decreased by 55.5 percent in the last 24 hours. On Wednesday morning, Terra’s LUNA token reached a new all-time high of $104.58, surpassing the previous record of $103.34 set in December. Compared to other large-cap
Terra’s TVL has also surpassed the Binance Smart Chain’s $12.02 Billion TVL. LUNA is now offering the best staking incentives, with a 6.13 percent rate of return. It has been a busy 24 hours for Terra’s digital asset (LUNA), which has risen by around 25% in that time frame. Due
