ETH once pumped 6X months after a big Ethereum Foundation sale: Arkham
In 2020, the Ethereum Foundation sold 100,000 ETH, and the price surged over 500% in the months following. There’s no telling what will happen this time.
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Crypto Markets See Minor Losses as Relative Calm Continues, Bitcoin Slips Below $6,500
Friday, Oct. 19: crypto markets are seeing minor losses across the board, as low volatility continues. The top 10 cryptocurrencies are seeing an equal amount of positive and negative fluctuations, but almost all very minor, capped within a 2 percent range, as Coin360 data shows.Market visualization by Coin360Bitcoin (BTC) is down a little under percent…

Report: Bithumb Denies Accusations of Faking Trade Volume
South Korea-based cryptocurrency exchange Bithumb has denied allegations of faking trade volume, Forbes reported on Dec. 19.Cryptocurrency exchange ratings and analytics service CER has accused Bithumb of faking up to 94 percent of its trade volume since late summer of 2018. In response to the accusations, Bithumb reportedly told Forbes that "Bithumb is doing nothing…

Draft US stablecoin bill would ban new algo stablecoins for 2 years
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. 702 Total views 19 Total shares Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such…

Poloniex Spins Out From Circle to Form New Exchange Not Available in US
United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S.New firm receives backing from Asian investment groupThe new independent firm, called Polo Digital Assets, will free Poloniex from its parent company Circle, the firm said in an official announcement…

Bitcoin net flows hit $750M, highest outflow since May
Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.

$400M funding round to help Gemini build in the decentralized Metaverse
The Winklevoss twins have big plans for a Gemini future in different Metaverses as they go head to head with archrival Meta. 1223 Total views 6 Total shares The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.” Gemini announced that it…

Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC
There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts. 753 Total views 18 Total shares Bitcoin (BTC) broke through $42,000 on Jan. 11 as expectations of a fresh “short squeeze” mounted.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShort-term squeeze “reasonably…

Bank of America report extols the virtues of HODLing
New research from the multinational investment bank confirms what many of us knew all along: Investors should never try to time the market. 1583 Total views 11 Total shares When it comes to investing in the financial markets, panic selling often leads to missed opportunities – and waiting for the dip could rob you of…