Terra
Tether's Paolo Ardoino on UST: 'It's All Fun and Games' Until You're a $100B Coin
The algorithmic stablecoin's growth has surpassed its larger rivals.

First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading
The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.

Terraform Labs Gives $820M in LUNA Tokens to Luna Foundation Guard
LFG's reserves now stand at about $2.4 billion.

Terra's Anchor Protocol to Launch on Polkadot DeFi Hub Acala
A month after launching on Avalanche, Anchor continues its expansion onto new base layers.

Luna Foundation Guard Adds $100M in BTC to UST Reserves
LFG's balance now sits at $2.26 billion, 75% of which is bitcoin.

Why LFG's BTC Buying Spree Barely Moved the Markets This Time
The Luna Foundation Guard (LFG) added over $173 million in bitcoin (BTC) to its TerraUSD stablecoin reserves, totaling its holdings to almost 40,000 BTC, or roughly $1.67 billion. “The Hash” group discusses the lack of a bitcoin price reaction to LFG’s purchases, the correlation of bitcoin to traditional markets and the “tribal nature of crypto.”

Terra’s LUNA Leads Slide in Majors as Ether Nears $3K
Crypto markets slid on Monday amid a weak trading session in Asia and Europe in broader markets.

Luna Foundation Guard Holds Almost 40,000 BTC After Weekend Purchase
Luna Foundation Guard bought $173 million worth of bitcoin over the weekend, but bitcoin is down 2%.

Terra Backers Buy $200M in AVAX Tokens, Bolstering Crypto Reserves Beyond BTC
The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX.

First Mover Americas: Luna Foundation Guard Is Back Buying Bitcoin, Fed Minutes on Deck
The latest moves in crypto markets in context for April 6, 2022.

