ARK: Now Decoupled From Terra, “Bitcoin’s Selling Pressure Should Subside”
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The Terra / Luna / UST collapse keeps on generating headlines. This time, we’ll use the data in ARK’s “The Bitcoin Monthly” report to establish its impact on the bitcoin ecosystem. Remember that the…
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Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the... [[ This is a content summary only. Visit my website for full links, other content,…
Terra continues on its BTC shopping for spree, including one other $230 million in the present day as the bitcoin value dipped to $44,000. In doing so, the Do Kwon-led protocol outdid Michael... [[ This is a content summary only. Visit my website for full links, other content, and more!…
Former BitMEX CEO Arthur Hayes says the collapse of Terra (LUNA) is giving a hint on the bottom price of Bitcoin (BTC). In a new commentary on Bitmex’s Crypto Trader Digest, Hayes says the decoupling... [[ This is a content summary only. Visit my website for full links, other content,…