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Terra
Terra
MARKETS
Luna Foundation Sold 80,000 Bitcoin Amid UST Crash
Namcios
-
May 16, 2022
The non-profit organization said only 313 BTC are now left on the bitcoin reserves for Terra’s UST stablecoin.
MARKETS
What Terra’s Collapse Teaches About ‘Crypto’ and Bitcoin
Namcios
-
May 12, 2022
As yet another altcoin nears zero, the event reminds the community why Bitcoin is the only authentic cryptocurrency.
MARKETS
Exchange Inflows Spike As LFG Moves Bitcoin Reserves
Sam Rule
-
May 11, 2022
The Luna Foundation Guard was forced to send a majority of its holdings to exchanges as it tried to hold the dollar peg for its Terra stablecoin.
MARKETS
LFG Bitcoin Reserves At Risk As UST Dollar Peg Collapses
Sam Rule
-
May 9, 2022
As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller.
BUSINESS
After Buying $500 Million Of Bitcoin, What Will Luna Do With It?
Namcios
-
March 25, 2022
Luna has purchased more than 11,700 bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly?
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