Terra Is Approaching Tesla in Bitcoin Stocks
At the end of March, the co-founder of the Terra blockchain project, Do Kwon, announced his intention to create a reserve from Bitcoin to provide the UST stablecoin with liquidity. In three weeks, the company spent $ 1.5 billion, and the address balance increased to 42.4 thousand BTC. This brings it closer to Tesla (NASDAQ:TSLA),…
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Bitcoin: arguments for growth and decline
For four months, Bitcoin has been hovering around $40,000, which is why market participants are increasingly giving diametrically opposite estimates regarding the future trend. The arguments in favor of Bitcoin growth are: a reduction in supply on cryptocurrency exchanges due to the outflow of coins to cold wallets; the return of whales to purchases; the…
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