Terra purchases additional $135 million worth of Bitcoin, LUNA prices surpasses $100
Bitcoin and the broader cryptocurrency market have rebounded strongly at the start of this new week, as long-term investors continue to make significant gains in their investments. Terra, on the other hand, has maintained its significant Bitcoin holdings as part of its strategy to back the UST stablecoin. In a transaction on Monday, March 28, […]
Bitcoin Long-term Holder Accumulation Reaches New High, Ethereum Whales Addresses Increase
Over the course of the recent weekend two of the world’s largest cryptocurrencies – BTC and ETH – have made significant gains, breaking through key resistance levels. In the last 24 hours, Bitcoin has risen to about $48,000, while Ethereum has risen above $3,300. Bitcoin’s long-term holder accumulation has hit its greatest level ever as […]
Price Hits $47k; Analyst Predicts This Bull Run Will Last
The cryptocurrency market is on strong bullish grounds this new week. Bitcoin the benchmark cryptocurrency soared to a price of over $47,000, a price level last held on January 3 of this year. Large shorts liquidations causing Bitcoin’s price rally Market behavior analysis tool Santiment argued that the recent price increase was caused by a large number […]
Bitcoin (BTC) Short Squeeze; Latest Rally Erases $140 Million Shorts
Bitcoin’s recent bullish rally took BTC to 2o22 highs, caught many traders off guard as they were expecting a drop. As of Monday, approximately $140 million worth of Bitcoin short positions have been liquidated in the previous 12 hours, according to data. Short positions in the cryptocurrency market surged over the weekend, with traders likely anticipating a […]
LUNA Foundation Now Owns Over $1.3 Billion Worth Of Bitcoin
Terra Foundation has added another 2,830 Bitcoin (approximately $133.5) to its wallet in a bid to accumulate $10 billion worth of Bitcoin (BTC). OKLink has identified the foundation’s BTC wallet address, according to WU Blockchain , which now holds approximately $1.3 billion in Bitcoin. The entire amount in the account is now 27,784.96 BTC. The […]