Bitcoin

Luna Foundation Guard Adds Nearly $230M of Bitcoin to Stack – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

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Bitcoin trades around $45,000 following 2-day slide

Riot Blockchain CEO Jason Les tells ‘The Claman Countdown’ why he is so bullish on bitcoin.  Bitcoin traded around $45,000 on Wednesday morning. The cryptocurrency entered the week on a two-day losing streak. GET FOX BUSINESS ON THE GO BY CLICKING HERE Bitcoin fell more than 1% during that slide and is down more than 1% year-to-date.   If you think the interest in cryptocurrencies grew largely in the past year, you’d be right and there’s evidence to back it up. Almost half of all… Source link

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Bitcoin retests key level that sparked 66% BTC price gains in 2021

Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader shows importance of 200DMA for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering downward pressure as financial markets opened on April 5. The pair was thus more or less at the same level as 24 hours previously, with the intervening period seeing volatility both up and down. Amid an overall lack of… Source link

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MicroStrategy Buys $190.5M Worth of Bitcoin – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Bitcoin (BTC) is the collateral asset of choice for the world‘s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on Monday, Do Kwon, co-founder of Blockchain protocol Terra, pledged to continue buying BTC to back the firm‘s stablecoin, TerraUSD (UST). Kwon: BTC buys will continue “in perpetuity” Terra has made waves inside and outside the crypto community in recent weeks thanks to its massive Bitcoin buys. Currently at just… Source link

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Bitcoin retail FOMO spikes most since 2017 but BTC price may still be ‘doomed’ — analyst

Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet on April 4, William Clemente, lead insights analyst at Blockware, revealed a large spike in the BTC supply owned by smaller hodlers. 2022 retail FOMO spike “an outlier” Typically referred to as “retail,” entities with 1 BTC or less are considered to be mainstream consumers rather than corporate or institutional investors. According to figures from… Source link

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