Bitcoin News
BTC Tops $44K as Terra’s Luna Foundation Increases Reserves
Fernando Martínez, OSL managing director and head of Americas, explains the current uptrend in the crypto markets amid rumors of Terra’s ambitions to accumulate bitcoin as a reserve asset. Plus, a conversation about why Russian officials are considering turning to bitcoin for oil sales.
First Mover Americas: Risk Assets Resilient to Faster Fed Rate Hikes, 1994 Cycle Suggests
The latest moves in crypto markets in context for March 25, 2022.
Bitcoin Tops $44K Amid Rumors of Terra's Foundation Accumulating BTC
Terra is becoming a persistent buyer of bitcoin, one observer said.
Israel's Bank Leumi to Offer Crypto Trading
The bank is working with New York-based custody and trading platform Paxos to bring the service to customers.
First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out
Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin also rose solidly.
City of Austin Approves ‘Fact-Finding Study’ for Tax Payments in Bitcoin, Crypto
The Texas city will investigate the feasibility of adopting “bitcoin or other cryptocurrencies” with a study due in mid-June.
CleanSpark CEO: Crypto Mining and ESG Are Match Made in Heaven
CleanSpark CEO Zach Bradford addresses the often talked about ESG concerns of bitcoin mining, highlighting the use of renewable energy as a way to shift the narrative. Plus, insights on how China’s crypto mining ban affected the industry's carbon footprint.
Acorns Exec on Adding Bitcoin Exposure Option
Acorns Chief Investment Officer Seth Wunder discusses the normalization of cryptocurrency as their investment platform launches a new feature allowing customers to add bitcoin to their portfolios. Plus, a conversation about how Luna’s alleged plans to offer a BTC-reserved stablecoin could impact the crypto markets.
How Luna’s Plan to Buy $3B Worth of BTC Is Affecting the Market
As rumors circulate of the Luna Foundation Guard’s plan for a new BTC-backed UST stablecoin, Christine Lee presents on-chain data showing that $125 million worth of tether was moved out of a Gnosis safe address, along with another similar transaction to a Binance account. Lee discusses how Terraform Labs Co-founder Do Kwon’s plan to eventually purchase $10 billion in BTC could impact the crypto markets.
