Why does Luna Foundation Guard sell its bitcoin worth $1.5 billion for a trading price of $33K?

Non-profit organization Terra Labs, LFG, looks over the stability of its stablecoin and has managed its bitcoin count while retaining the balanced digital assets. Luna Foundation Guard and lead of Ter...

Luna Foundation Guard Deploys $1.5B to Defend Troubled UST Peg

The Luna Foundation Guard (LFG), a non-profit organization supporting all things Terra, has recently announced that it will lend $1.5 billion to protect the peg of its algorithmic stablecoin UST amid ...

Luna Foundation Guard Takes Corrective Measures to Protect UST Peg, Here’s How

The Luna Foundation Guard has once again come forward announcing some key measures to safeguard the Bitcoin peg for its native UST stablecoin. Last weekend turned out to be a major nightmare for Terra...

Luna Foundation Guard buys additional $1.5 billion in bitcoin backing for UST

The Luna Foundation Guard (LFG), a nonprofit created to support the Terra ecosystem, announced the purchase of $1.5 billion worth of bitcoin (BTC) for its stablecoin reserves on Thursday. According to...

Luna Foundation Guard Acquires BTC Worth $1.5B

The $1.5 billion worth of BTC purchase was made by the Luna Foundation Guard to bolster its stablecoin reserves.  Luna Holds Over 80K BTCs The latest BTC purchase brings Luna Foundation Guard’s (LFG) ...

Luna Foundation Guard Buys $1.5B More Bitcoin to Boost Reserves

The Luna Foundation Guard (LFG) has bought another $1.5 billion in bitcoin to boost reserves of Terra’s UST stablecoin, with help from hedge fund Three Arrows Capital and crypto broker Genesis Trading...

Luna Foundation Guard Purchased Another $1.5 Billion Worth of Bitcoin

Singapore-based Luna Foundation Guard (LFG) made yet another bitcoin purchase of $1.5 billion in Bitcoin for its UST stablecoin reserve. According to CNBC on Thursday (May 5, 2022), LFG raised the fun...

Bitcoin Price Continue To Plunge Hard, LUNA Foundation Guard Adds $37,863 worth Bitcoins To Its Stash – Coinpedia – Fintech & Cryptocurreny News Media

Terra’s (LUNA) price has dropped 31% in the last four weeks, wiping out all of the year’s gains, and the token is struggling to stay above the $85 support level, despite outperforming the overall cryp...

Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy

Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves. The raise allowed...

Luna Foundation Guard becomes top 10 Bitcoin holder

The Luna Foundation Guard has purchased another 37,863 Bitcoins taking them into the top 10 Bitcoin holders in the world. In a Twitter thread, they announced, “The LFG has acquired an additional 37,86...

Luna Foundation Guard (LFG) Adds 37,863 Bitcoin (BTC) to its Reserves

3 hours ago | 2 mins read Editors News LFG currently possesses almost $3.5 billion worth of BTC. Luna Foundation Guard aims to gather up to $10 billion in Bitcoin. Luna Foundation Guard (LFG), a Terra...

BREAKING: Luna Foundation Guard (LFG) Purchases $1.5 Billion Bitcoin (BTC) to Boost Its Stablecoin Reserve 

– Advertisement – The Luna Foundation Guard (LFG) has made another groundbreaking purchase of Bitcoin (BTC) to bolster its reserve for its native stablecoin dubbed Terra USD (UST).  Accord...

Guard Zion Johnson Was Late To Football But An Early Draft Pick For The Los Angeles Chargers

Los Angeles Chargers first-round draft pick Zion Johnson answers questions during a news conference … [+] at the NFL football team’s training facility Friday, in Costa Mesa, Calif. (AP Pho...

Luna Foundation Guard got a gift of 10M Luna from Terraform Labs

Terraform Labs (TFL), a Terra (LUNA) blockchain developer, has given the Luna Foundation Guard 10 million LUNA, which is worth roughly $820 million at current pricing. The Luna Foundation Guard (LFG) ...

Terraform Labs ‘Gift’ 10M LUNA Tokens to Luna Foundation Guard as Reserve

LFG has about 42,406 Bitcoin tokens in its reserve, the bulk of assets also includes USDT, USDC, and now LUNA. Terraform Labs, the South Korea-based blockchain startup in charge of the development of ...

Terraform Labs gifts another $880M to Luna Foundation Guard

Terra (LUNA) blockchain developer Terraform Labs (TFL) has gifted the Luna Foundation Guard 10 million LUNA worth around $820 million at current prices. The Luna Foundation Guard (LFG) is a nonprofit ...

Terraform Labs Donates 10 Million LUNA to Luna Foundation Guard – crypto.news

Earlier today, Terraform Labs announced on Twitter that it had donated 10 million Luna to the Luna Foundation Guard(LFG). The LFG is a treasury that supports the growth and development of the Terra ec...

Luna Foundation Guard Adds to Terra Reserves With $880M LUNA ‘Gift’

The Luna Foundation Guard (LFG) has received another $880 million in crypto following its $100 million Bitcoin purchase on Tuesday—this time in the form of a “gift” from Terraform Labs, th...

Terraform Labs ‘gifts’ $880 million in LUNA to Luna Foundation Guard

Terraform Labs has gifted 10 million LUNA ($880 million) to the Luna Foundation Guard to help boost the stability of the stablecoin UST. The funding will likely go toward the foundation’s goal of acqu...

Luna Foundation Guard Adds Another $100 Million in Bitcoin to Back Terra

The Luna Foundation Guard (LFG) on Tuesday bought 2,508 Bitcoin, worth about $100 million, as part of a plan to amass $10 billion worth. The LFG is a nonprofit organization responsible for building th...

BTC up with Luna Foundation Guard buying another $100 million  | Trading Ideas| OKX Academy

The market-leading cryptocurrency rose as the Luna Foundation Guard purchased another 2,508 coins yesterday. The total cryptocurrency market is up 1.25% today. BTC is green after rising 1.25%, with ET...

Luna Foundation Guard Holds Almost 40,000 BTC After Weekend Purchase

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...

Luna Foundation Guard (LFG) continues to buy Bitcoin

Over the weekend, Luna Foundation Guard (LFG), the treasury behind TerraUSD’s (UST) algorithmic stablecoin, bought more Bitcoin for the equivalent of $173 million.  Luna Foundation Guard of TerraUSD (...

Do Kwon’s Luna Foundation Guard becomes top 20 hodler of Bitcoin

Luna Foundation Guard (LFG) purchased another $176 million worth of Bitcoin (BTC) on April 10 to become one of the top 20 most affluent Bitcoin addresses. Terra bought another 4,130 #BTC ($170m) today...

BTC Drop Sees Luna Foundation Guard Add to Holdings

The Luna Foundation Guard has added to its bitcoin reserves, with a recent purchase now taking its holdings to a total of nearly $1.7 billion in BTC. The LFG now holds nearly $1.7 billion in bitcoin, ...

Luna Foundation Guard to add $100M AVAX tokens to UST reserve

Avalanche’s native token (AVAX/USD), has received overwhelming support after it was announced that it would be added to the reserves backing the UST stablecoin. The Luna Foundation Guard (LFG) Plans t...

Luna Foundation Guard to Buy $100 Million in AVAX for Stablecoin Reserves

This initiative means that users will be able to directly trade UST against the Avalanche tokens on the Avalanche blockchain. Luna Foundation Guard (LFG), a Singapore-based nonprofit building reserves...

AVAX Shoots 7% As Lune Foundation Guard Adds Avalanche to the UST Reserve

Ethereum Layer-1 competitor Avalanche (AVAX) has received a major boost as the Lunda Foundation Guard announced adding $100 million in AVAX to its UST reserves. Following the news, AVAX is trading 7% ...

Luna Foundation Guard buys $100 million in AVAX for UST’s reserve

The Luna Foundation Guard (LFG), a Singapore-based nonprofit building reserves for the stablecoin Terra (UST), announced Thursday that it will buy $100 million worth of AVAX tokens from the Avalanche ...

Luna Foundation Guard accumulates Bitcoin in its wallets  –

LFG has purchased a further $230 million of bitcoin today, as indicated by its crypto wallets Terraform Labs CEO Do Kwon affirmed the enormous bitcoin buy on Twitter LFG moved $231 million in USDT sta...

Luna Foundation Guard buys a further $231 million of bitcoin

The Luna Foundation Guard (LFG) has bought another $230 million worth of bitcoin today, according to activity on LFG-owned crypto wallets. To buy the sum of bitcoin, LFG transferred $231 million in US...

How Villanova Guard Collin Gillespie Went From Unheralded Recruit To College Basketball All-American

Villanova guard Collin Gillespie, right, celebrates after their win against Houston during a college … [+] basketball game in the Elite Eight round of the NCAA tournament on Saturday, March 26, ...