Tuesday, April 23, 2024
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Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance – Bitcoin News

On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation

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MicroStrategy subsidiary adds another 4,197 BTC to balance sheet

On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission (SEC) that its subsidiary MacroStrategy acquired 4,197 Bitcoin (BTC) ($190.5 million) between February 15 and Tuesday.MacroStrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at an average price of ~$45,714 per #bitcoin.

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ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years – Altcoins Bitcoin News

While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held

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Ethereum balance on crypto exchanges falls to lowest levels since 2018

The amount of Ethereum‘s native token Ether (ETH) kept with crypto exchanges has fallen to its lowest levels since September 2018, signaling traders‘ intention to hold the tokens in hopes of a price rally in 2022.Notably, nearly 550,000 ETH — worth around $1.61 billion — have left centralized trading platforms

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Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet

Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Chop then breakout "makes sense" for BitcoinData from Cryptox Markets Pro and TradingView tracked a swift decline for BTC/USD around

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Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets

Through the comment process, FASB received a significant response of 522 comment letters. Of these 522 responses, 445 (85% of the respondents) commented solely and exclusively on accounting standards for digital assets, providing feedback on the pervasive impact of digital assets and the need to prioritize standards setting. More than

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