$LUNA managed to reach a new all-time high of $117 earlier today
, Terra intends to increase its Bitcoin stash to up $10 billion, aspiring to become the biggest single-wallet holder of the largest cryptocurrency.
Kwon told cryptocurrency podcaster Laura Shin earlier this week that he expects the price of Bitcoin to shoot up in the future. In such a case, UST will continue maintaining its stability even if demand starts waning. However, he didn’t rule out a worst-case scenario, in which the price of Bitcoin trades significantly lower six months from now.
is struggling to regain its bullish momentum. The flagship cryptocurrency is currently changing hands slightly above the $46,000 level on major spot exchanges.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Maintains $46K, Terra (LUNA) Soars 9% to New All-Time High (Market Watch)Terra marked another all-time high just days after the previous record, while NEAR Protocol and Cosmos are the other impressive daily gainers.
Read more »
Price analysis 4/1: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGEBulls bought the dips at underlying support levels, bringing Bitcoin and select altcoins back to the highs achieved earlier in the week.
Read more »
Coney Island's Luna Park reopens2022 marks the 95th anniversary of the iconic Cyclone rollercoaster.
Read more »
Coney Island’s Luna Park celebrates 2022 opening dayIt’s only April but it already feels like summer in Coney Island.
Read more »
F(x)'s Luna To Star In Upcoming Broadway Musical About K-PopLuna will star in the upcoming Broadway production of 'KPOP,' a 'high energy' multimedia performance about Korean pop artists.
Read more »