According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s exchange rates. Luna Foundation Guard Scoops up 37,863 Bitcoin On May 5, 2022, the Luna Foundation…
Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern’s $2,870 resistance. Ether/USD price at FTX. Source: TradingView Federal Reserve monetary policy continues to be a major influence on crypto…
The Luna Foundation Guard (LFG) just made its biggest Bitcoin purchase yet: 37,863 coins, worth $1.5 billion at the time of writing. That nearly doubles the Guard’s previous reserves from 42,530.82 BTC up to 80,394 BTC. The group reportedly facilitated the purchase by swapping $1 billion in UST stablecoin for Bitcoin with Genesis Trading, while completing another $500 million over-the-counter…
This article is not just for Bitcoiners — the same principles apply to misinformation and misappropriation in the wider world. If you are not a Bitcoiner, the concerns apply equally as well to your own mind, the wider world and its authorities. Human Mind And Mindsets Bitcoiners often and loudly lament various types of thinking in the fiat legacy financial…
press release PRESS RELEASE. StreamCoin revealed that it has secured a corporate ICO investment from blockchain consulting firm TNC IT Group. Specifically, TNC IT Group has purchased over 200 million STRM during the recently-concluded STRM public sale. The announcement came after StreamCoin revealed that it has raised more than $11.7 million during its three-month public sale, enabling the team to…
In May 2021 OpenSea closed out nearly $140 million in total volume. Fast forward a year and the most dominant NFT marketplace closed over $880 million in less than a week partially because of the Yuga Labs’ The Otherside mint. As a result of this mint, a fresh surge of liquidity was injected into the NFT ecosystem and as it…
In brief The investment values Zora at $600 million. Zora says its open-source marketplace protocol stands out in a crowded NFT field. In December, the high-flying crypto investor Katie Haun roiled the crypto world by announcing she was leaving Andreessen Horowitz to launch her own $1.5 billion venture fund. On Thursday, Haun Ventures made its first big move, leading a…
Swan Bitcoin, a fintech company focused on bitcoin-only services, is launching a Bitcoin Benefit Plan for employers. Each user will designate a fixed dollar amount to be deposited into bitcoin and the process will be automated by Swan after the amount is set. Compton Magic, Voltage, and other companies in the greater Los Angeles area have already signed up for…
Prices of cryptoassets faltered in April as geopolitical uncertainties and financial markets turmoil continued to spill over into crypto markets. Analyzing on-chain data can provide a clearer view of trends in network usage and demand, separating crypto-fundamental signals from price volatility noise. In Kraken Intelligence’s latest report, Head-Fake, the team investigates key on-chain data points to explore where the crypto…
According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the radar, but the two-day meeting was reported on after “130 or so” attendees met. An Exclusive, Closed-Door Meeting Took Place in Beverly Hills With Wall Street Big Wigs and Crypto…
