'Hold my beer' — Terra already up $165M from buying Bitcoin as BTC stash near...
The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not "capable of moving" Bitcoin markets. Bitcoin (BTC) has already netted its biggest new buyer almost $200 million in profit from price increases, data suggests.Analysis of the wallet related to Blockchain protocol Terra reveals that since it began amassing BTC in Q1 this year, it is up $165 million.Terra co-founder rejects idea LFG moved BTC priceThe Luna Foundation Guard (LFG), a nonprofit organization around Terra, is currently following through on its plans to back its new TerraUSD (UST)....
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All that keeps Bitcoin price action from its next milestone is a fresh dip below $45,000. Bitcoin (BTC) consolidated above the 2022 yearly open on April 2 after a return to form briefly saw bulls reclaim $47,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price holds "crucial" long-term supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $46,600 Saturday on the back of a clear bounce at long-term support.The pair had dipped to lows of around $44,300 Friday, these nonetheless shortlived as positive sentiment took control into the Wall Street....
Yesterday, it was Potcoin. Today, it would be great if we all went out for beer and pizza... Coin. That's right, there's Beercoin and there's Pizzacoin. There are 500 total coins in existence of each, and both are part of the CCP line of Commercial coins along with Vodkacoin, Colacoin, and even Hotdogcoin. Ah, the names and purposes we're able to dream up. Judging from their labels, I think it's only safe to assume that users can buy beer and pizza with the digital currencies, and heck... What a nice way to spend the night out; hanging with friends, chugging down a cold pint and satisfying....
Hidden from the prying eyes of the public, a new basement pub has set up shop in the heart of Tech City, East London. And as befits London's hub for digital innovation, you can pay for your beer with bitcoin. Only the second pub in London to accept bitcoin - Hackney's Pembury Tavern being the first - the Craft Beer Social Club is a roving pop-up pub stocked with British beer and hearty burgers. The pop-up is run by Justina Cruickshank, who began the business after getting bored with the limited range of beers that you find in normal pubs. But beer isn't the only thing on her mind: she....
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 Adds More Bitcoin to UST Reserve Wallet
LFG purchased another batch of bitcoin on Wednesday, adding to the non-profit’s bitcoin reserves meant to protect the Terra network’s stablecoin, UST. On April 13, 2022, at 1:55 a.m. (UST), the....
Early Ether buyer liquidates ETH stash “hodled” for five years. A Redditor named “u/FollowMe22”, 27, says he has finally sold off the last of his Ether (ETH) stash acquired back in 2016. According to the Reddit post, he began buying ETH back in 2016 when the price was slightly above $2, adding:“I put my whole tax return in 2016 and threw a couple hundred at it whenever I could. I didn't buy a car and biked to work to save money. I remember at the time thinking there was about a 1/3 chance it would 100x, so there was an asymmetrical risk/reward in my opinion.”The Redditor said that he sold....