Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago? Source: https://cointelegraph.com/public/index.php/news/bitcoin-velocity-lows-q4-2020-btc-price-breakout
Month: August 2023
Judge to hear Sam Bankman-Fried’s defense against 4M pages of newly released evidence
A federal judge will hear Sam Bankman-Fried’s defense argument against a newly released batch of evidence provided by the U.S. Department of Justice (DoJ) on Aug. 25. According to Bankman-Fried’s attorneys, an additional 4 million pages of discovery were released less than six weeks before his trial, scheduled for October 3. Judge Lewis Kaplan issued an order on Aug. 26…
Pepecoin: Insider trading claims surface amid token theft
On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. Source: https://cointelegraph.com/public/index.php/news/pepecoin-insider-trading-claims-surface-amidst-token-theft
Pepecoin: Insider trading claims surface amid token theft
On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. Source: https://cointelegraph.com/app/public/index.php/news/pepecoin-insider-trading-claims-surface-amidst-token-theft
Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout
Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago? Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-velocity-lows-q4-2020-btc-price-breakout
Insider trading claims surface amid token theft
Former Pepecoin (PEPE) promoter turned crypto influencer Jeremy “Pauly” Cahen has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team members’ identities, divulging their wallet activities. On-chain analysts also point to significant Pepecoin transactions involving insiders. In an August 26 update, Pauly disclosed that the Pepecoin…
Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout
Bitcoin (BTC) on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows. In an X (formerly Twitter) post on Aug. 25, Ki Young Ju, CEO of analytics platform CryptoQuant, revealed multiyear lows in Bitcoin velocity. Bitcoin supply stagnates at $26,000 Bitcoin is becoming increasingly static at current price levels — with an overall BTC…
USDC Market Cap Plummets to 2-Year Low–Here’s 4 Reasons Why
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) The market’s second-largest stablecoin has been taking a beating, with the market cap of Circle’s USDC hitting a two-year low. Per CoinGecko, the market cap is now hovering just under $26 billion. This is a far cry from its high of $56 billion last June. As for the competition, Tether’s USDT…
Pro-XRP lawyer urges Clayton, Hinman testimony
Pro-XRP attorney John E. Deaton has contended that the United States Securities and Exchange Commission (SEC) erred in filing aiding and abetting allegations against Ripple’s CEO Brad Garlinghouse. Deaton points out that former SEC officials Bill Hinman and Jay Clayton’s testimony during the U.S. SEC v. Ripple Labs case would have categorized XRP as a non-security early on, but the…
Wen moon? Bitcoin halving cycle hints at Q4 as smart money 'buys the rumor'
Bitcoin miners and “smart money” are the investor cohorts to watch when it comes to late 2023 BTC price action, says Filbfilb. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-halving-q4-smart-money-buy-btc-price