Binance commits $500M to co-invest in Twitter with Elon Musk, & Other News

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Bitcoin price hits 10-week lows as $40K spike becomes 'nasty bull trap'

A full reversal and then some for BTC means that bulls are coming to terms with months of ground given up.

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Binance commits $500M to co-invest in Twitter with Elon Musk

Binance is among 18 co-investors in Elon Musk's Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company.

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

The acquisition, totaling roughly $1.5 billion, will be used to further backstop Terra Luna's algorithmic stablecoin UST.

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SPONSORED. Cannabis-focused crypto startup is launching an NFT community

Despite the recent spike in interest in the cannabis industry, startups still experience difficulties when it comes to setting up businesses.

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