Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’
Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Futures Open Interest Drops to $52 Billion as Traders Retreat
Bitcoin futures open interest fell 1.88% to $52.04 billion as the leading crypto asset declined nearly 5% to $75,783 on Friday, No...
DSA’s Adrian Wall and Former CFTC Chair Chris Giancarlo Discuss Future of U.S. Crypto Regulation at Strobe Summit
Washington, D.C., November 6, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear...
Ethereum (ETH) Price Prediction: Whale Accumulation Builds as $2,350 Reclaim Could Restart the Recovery
Ethereum is starting November at an important point in its recovery. According to Brave New Coin, ETH is trading near $2,230, with...
Exchanges Rush to Prove Cold-Storage Reserves as Binance Hack Fallout Deepens and Bitcoin Slides Below $76,000
Exchanges publish cold-storage proof after Binance's $6.36bn hack, Bitcoin falls below $76,000 with $850m liquidated, and France r...
Hyperliquid whales stack Bitcoin shorts to highest level since October 2025
The significant short positions by Hyperliquid whales suggest a prevailing bearish sentiment, potentially leading to market volati...
Stablecoin contraction forces Bitcoin drop despite Fed reserve gains
The dated comparison pairs a reserve rebound with shrinking dollar-token circulation, leaving the link to Bitcoin buying unestabli...