Why is it that most of the virtual currency is in the loss of money and people buy?
Basically of lose money, or it is to enter capital dish, or it is contract party. If you buy mainstream currencies, such as Bitcoin ethereum, which are cash only with no leverage, it will give you better returns than many investments. Bitcoin went from $3,800 in March to $69,000 in November. Ethereum went from $90 …
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The Luna Foundation Guard has added $100 million in Bitcoin to support Terra
Luna Foundation Guard (LFG) bought 2,508 bitcoins worth about $100 million on Tuesday as part of a plan to increase its holdings by $10 billion. LFG is a non-profit organization responsible for establishing reserves to support Terra’s peg to the US dollar, the stablecurrency TerraUSD (UST). Nearly $17 billion worth of cryptocurrencies have been issued …
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Tesla and Bitcoin are changing people’s lives
Speaking at the Exchange ETF conference in Miami on Tuesday, Cathy Wood, founder of Ark Investment Management, said the private market seems to understand opportunities better than the stock market when assessing the value of disruptive innovations, as she discussed the recent setbacks of her innovation-focused investment strategy. “The private market understands this,” Wood said, …
Solana NFT can now be traded on OpenSea
NFT minted on the Solana blockchain network can now be traded on the NFT marketplace OpenSea, following an official announcement of support coming last week. Solana’s arrival at OpenSea, which is largely based on Ethereum and currently dominates NFT transactions, was long anticipated. Solana NFT was up and running on OpenSea before the official announcement …
Terra’s new stabocoin pool is making waves in DeFi
Terra’s introduction of something called 4Pool seems like a clear move to make UST and another fast-growing algorithmic stablecoin, FRAX, leaders in this niche. But Curve Finance has become a battleground for any project that can provide the deepest liquidity for its own pool of capital. These fat returns come in the form of Curve’s …
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Despite the drop in on-chain activity, bitcoin mining competition is soaring
According to Glassnode’s research, on-chain consumption behavior suggests that some investors appear to have taken profits during the recent rally. “We have yet to see a convincing influx of new users or demand,” the report said. Specifically, bitcoin’s user base currently lacks evidence of strong growth or recovery, with daily active users still at the …
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Multiple positive retail investors are flocking to bitcoin
While bitcoin has been trading higher for much of March, investor sentiment has been particularly upbeat since Sunday. Vanda Research says small investors are banking on continued momentum. The price of bitcoin passed above $45,000 over the weekend — a key level at which bitcoin has been rallying this year. The next rally — $50,000 …
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Virtual currency trend is bearish again? Take a deep dive into the logic or fallacy behind it
The illusion of Ethereum bouncing back to 3500 was suddenly dashed back to 3100. What happened to the fundamentals? Virtual currencies are still pegged to the DOLLAR via the STABlecoin, and the Fed’s aggressive hawkish stance last week (rate hike + balance sheet reduction) has apparently scared money away from riskier assets (virtual currencies, stocks) …