BTC price almost clears $43.5K with Terra $125M Bitcoin buy-ins gathering pace
A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin. Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by Blockchain protocol Terra fuelled optimism.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewThe BTC buys keep comingData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to crack and secure its highest levels in weeks Thursday.The pair had consolidated day before, the sideways action on lower timeframes giving way to a "grind" upwards, which took Bitcoin to $43,492 — a price....
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A repeat transaction to Binance of 125 million USDT sees one trader follow suit into Bitcoin, with BTC/USD yet to react at the Wall Street open. Bitcoin (BTC) could be set for a repeat of this week's run to weekly highs after Blockchain protocol Terra appeared set to buy another $125 million of BTC.A wallet thought to belong to Terra but not officially confirmed to be under its control sent another 125 million Tether (USDT) to Binance on March 23.Rinse and repeat for 5.6% BTC price gains?The Bitcoin price narrative gained a new player this week after Terra co-founder Do Kwon let slip about....
Bitcoin started a fresh increase and surpassed $30,000 against the US Dollar. BTC is showing positive signs and might rally further if it clears $30,600. Bitcoin is gaining pace above the $29,500 and $30,000 resistance levels. The price is now trading above the $29,500 level and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $29,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise further if it clears the $30,600 resistance zone. Bitcoin Price Gains Pace Bitcoin price formed a fresh base....
Terra Classic is in the midst of a major price pump with investors bullish on the prospect of the coin reaching levels the old Terra reached before its dramatic collapse at the start of the year. Terra Classic (LUNC) was up at a peak price of 19% in the last 24hrs, with volume reaching almost […]
At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. ** This post was updated at 3:00 p.m. (ET) to reflect the fact that the Terra blockchain has resumed block production. Terra Blockchain Halts in Order to Prevent Governance Attacks, Team Says Restart Coming Soon At the time of writing, the Terra blockchain has stopped block production since the mid-afternoon Eastern Standard. The team’s....
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