While it isn’t clear whether the trader will offload the $148 million worth of Bitcoin, whales have been partially blamed for causing considerable sell-side pressure in recent months.
Bitcoin weakness deepens as war pushes traders to cut risk in BTC and stocks
Bitcoin price remains rocky, and BTC and equities ETF outflows soar as the US and Israel-Iran war enters a fourth week.
Gold sees biggest weekly fall in 43 years as Iran war rages on
Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise.
Grayscale files S-1 for Hyperliquid ETF, joining Bitwise, 21Shares
Unlike Bitwise, Grayscale doesn’t plan to incorporate staking for its Hyperliquid ETF but hasn’t ruled out integrating it in the future.
Rumors emerge of a CLARITY Act deal between White House and lawmakers
The deal reportedly focuses on stablecoin yield and interest-bearing stable tokens, a major pain point for the banking industry.
Bitcoin price aims to hold $70K amid rising inflation concerns
Bitcoin searches for equilibrium at $70,000 while rising crude oil prices and tanking stock markets have investors worried over the future of inflation in the US.
Google Threat Intel flags ‘Ghostblade’ crypto-stealing malware
Ghostblade is one of six malware tools in the “DarkSword” suite of malicious software designed to steal crypto private keys and user data.
Crypto Biz: Institutions aren’t waiting for the bottom
Nearly three-quarters of institutional investors plan to increase their digital asset allocations this year, with Bitcoin, Ether, stablecoins and tokenized assets seeing the most interest.
Ledger hires ex-Circle exec as CFO, opens NYC office to expand US business
Ledger names John Andrews as chief financial officer and opens a New York office to expand its US operations and institutional business.
Ether taker volume hits 3-year high: Will ETH avoid a 19% price decline?
A strong buy signal not seen since 2022 just flashed on Ether, but the altcoin needs to hold above a key price level to avoid invalidating the pattern.