Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems.
Polkadot price analysis for April 8, 2022, confirms that the token has turned slightly bullish with a 2% price surge in the last 24 hours. It is important to note that as per DOT price analysis for April 7, 2022, the chances of the token remaining bullish in the coming days remain high. Furthermore, the token has held strong support at the $20 price level, while the nearest resistance for the token can be witnessed around the $22 price region. It can be seen that DOT is currently 50% low than the all-time high.
The Tennessee Titans will be the first NFL team in the league to accept cryptocurrency payments, according to emerging reports. While details are limited, it’s now known that the club will utilize a third-party payments provider to allow for larger, recurring purchases via Bitcoin.
Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network.
Peter Thiel, co-founder of PayPal and Palantir Technologies, did not mince words when he announced his “enemies list,” an attempt to call out anti-crypto investors during a keynote address Thursday at Bitcoin 2022 in Miami.
Australia’s opposition Labor party is facing criticism over its lack of formal policy regarding the cryptocurrency industry just days before a national election is expected to be called.
On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.”
As Cardano (ADA) prices fall back towards the psychological one dollar level, more and more investors are finding themselves with unrealized losses by holding on to the digital asset.