Bitcoin’s (BTC) price barely budged after Mt. Gox, the defunct Japanese exchange, unloaded another $2 billion of tokens late Tuesday, inching closer to finishing its $9 billion asset distribution that has been a major source of worry for investors. Blockchain data by Arkham intelligence shows that Mt. Gox-related addresses moved 47,229 BTC worth roughly $3.1
Author: coindesk-com
The U.S. government moved $2 billion worth of seized bitcoin (BTC) on Monday, tanking already retreating prices and sparking investor concerns of selling the assets just two days after presidential hopeful Donald Trump’s promise to begin stacking BTC. Blockchain data by Arkham Intelligence shows that a wallet tagged as “U.S. Government: Silk Road DOJ” transferred
Increased transactional activity on Solana-based applications and a surge in the total value locked (TVL) on the network have contributed to Solana’s recent outperformance. Expectations of a possible exchange-traded fund (ETF) product and easing regulatory policies under a potentially crypto-friendly Trump administration have further boosted Solana’s appeal among investors. Increased transactional activity and booming expectations
XRP surged 12% to extend weekly gains to over 40%, beating other major tokens. A bullish triangle pattern on XRP’s long-term price charts and a substantial increase in open interest suggest more upside in the coming weeks. XRP surged 12% in the past 24 hours to lead gains among crypto majors, beating bitcoin (BTC) and
Traders anticipate bitcoin rallying to $70,000, buoyed by a more optimistic macro environment and the prospect of a crypto-friendly U.S. administration under Donald Trump. Reduced selling pressure from key wallets and a more positive political outlook for the crypto sector have contributed to the bullish sentiment, despite recent volatility and concerns over Mt. Gox repayments.