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Tag: BTC reserve

Will Bitcoin Drop To $20k? EURUSD Correlation Indicates It Might

In recent discussions surrounding Bitcoin (BTC) and its potential future price trajectory, crypto-enthusiasts and analysts alike are finding new correlations to dissect. Most notably,...

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KuCoin’s BTC, ETH reserves overcollateralized, says auditor Mazars

KuCoin, a Seychelles-based cryptocurrency exchange, on Monday released its proof of reserves report issued by third-party auditor Mazars, which concluded that the exchange’s Bitcoin,...

ETH Gas Fee Soars to 222 Gwei as Binance Consolidates ETH Wallets

Ultrasound.Money data shows that the ETH gas fee has soared to 222 Gwei. The increase happened as Binance began its proof-of-reserve checks for Ethereum. A global...

Check Out the Unofficial El Salvador Bitcoin Portfolio Tracker

2 Dec 2022 Here is an interesting project targeted at publicly tracking the purchases and value of the Bitcoin (BTC) held by the country...

Bitcoin Bearish Signal: 130k BTC Just Flowed Into Binance

On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price...

Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next

Bitcoin (BTC) inflows to largest exchange Binance just saw a giant spike reminiscent of the 2018 bear market capitulation.Data from on-chain analytics platform CryptoQuant...

Bukele Visibly Upset That Binance Founder Is Linked To El Salvador’s Bitcoin Bond

El Salvador President Nayib Bukele has condemned a Reuters report that claimed Binance founder Changpeng ‘CZ’ Zhao wants to assist the country’s Bitcoin Bond. “Please [...]

After Buying $500 Million Of Bitcoin, What Will Luna Do With It?

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?

Terra’s blockchain worth surpasses $30 billion as LUNA prices rise by 70%

The Terra blockchain’s total worth has surpassed $30 billion. LUNA prices have risen approximately 70% in the last week, due to excellent fundamentals and community [...]

Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg

USTThe Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to […]

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