Luna Foundation Guard Acquires $1.5B in Bitcoin to Reinforce Stablecoin Reserves
The Luna Foundation Guard has acquired Bitcoin valued at $1.5 billion in a series of OTC transactions. Source
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Market Wrap: Cryptos and Stocks Fall, Luna Foundation Guard Accumulates Bitcoin
Bitcoin (BTC) and stocks declined on Thursday. The market's risk-off tone has overwhelmed short-term price jumps, although The Luna Foundation Guard (LFG) continued to buy. Source
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Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC – Bitcoin News
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
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Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy
Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves.The raise allowed LFG to acquire 37,863 BTC via over-the-counter swaps with broker Genesis Trading and an additional purchase from Three Arrows Capital, a
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Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT
Bitcoin and most altcoins could remain volatile in the short-term
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Price analysis 5/2: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT
BTC and altcoins are holding at their current support levels,
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Top 5 cryptocurrencies to watch this week: BTC, LUNA, NEAR, VET, GMT
A few days of consolidation from BTC price could lead
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Price analysis 4/29: BTC, ETH, BNB, SOL, LUNA, XRP, ADA, DOGE, AVAX, DOT
Bitcoin’s inability to hold above $40,000 has traders now targeting
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Price analysis 4/27: BTC, ETH, BNB, XRP, SOL, LUNA, ADA, AVAX, DOGE, DOT
BTC and select altcoins could be gearing up for an
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LUNA Supply Drops to All-Time Low – But Don’t Call It Deflationary
“This results in a large price movement for the LUNA asset, as there is not only significant buying but also significant supply reduction," said Dustin Teander, analyst at blockchain data platform Messari. "Both forces push the LUNA price higher, leading us to where we are now.” Original Source
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