Terra (LUNA) Founder Prepares $10 Billion Bitcoin Reserve for the UST
Terra founder Do Kwon revealed plans to expand UST’s bitcoin holdings to $10 billion in a tweet on Tuesday. The Luna Foundation Guard has already raised $2.2 billion and plans to raise the $3 billion short-term target. With a long-term goal of $10 billion. Do Kwon feels that the sovereignty of the UST stablecoin is the […]
About 61,000 Bitcoin Departs Exchanges in Just 15 Days As Bullish Sentiments Grows
After Bitcoin recently broke above the $40,000 level, about 61,000 Bitcoin departs exchanges About 61,000 BTC Depart Exchanges About 61,000 BTC have been removed from exchanges in just 15 days, according to a figure released by Bitcoin Archive on March 22 by the on-chain analytics company Glassnode . The amount that left exchanges equaled around […]
U.S Senator Cynthia Lummis sees Bitcoin mining as a way to boost the US energy industry
The nascent Bitcoin sector continues to get increased attention for its potential, indicating that it will become more than just a payment network or a store of value. Bitcoin, according to some members of the US Congress, is a solution to generation-old energy problems. US Senators believe Bitcoin can help the US attain energy independence. Pete Sessions […]
Mike Novogratz Feels Rising Inflation Will Increase Bitcoin Adoption
Bitcoin has often been hailed as a hedge against centralized governments’ bad policies, and that narrative isn’t going away anytime soon. Mike Novogratz, the CEO of Galaxy Digital, believes that Bitcoin will continue to gain traction as long as nations’ economies continue to deteriorate. Bitcoin’s adoption will only accelerate, says Novogratz Novogratz stated in an […]
Which Cryptocurrencies Will Explode In 2022
Cryptocurrencies are starting to play key roles in the financial sector and many are wondering which of the cryptocurrencies will explode this year. There’s no denying that the cryptocurrency market is exploding. Bitcoin, the most popular cryptocurrency, has grown by more than 70% in the last year, bringing the total market cap of the crypto […]