Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K. ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded
In the past few weeks, the German government’s Bitcoin selling was the most discussed and watched within the crypto community. The government of Germany in a span of three weeks has managed to sell a notable 50,000 BTC. In the last 24 hours, their BTC holdings have fallen to almost
According to a regulatory document made public on July 12, the US SEC has ended its three-year investigation into Hiro Systems. The firm is the developer of Stacks layer-2 blockchain. And was involved in the $70 million token sales that took place from 2017 to 2019. Since its 2018 inception,
The German government’s Bitcoin holdings have seen a drastic 90% reduction, with Bitcoin (BTC) falling to break the $60,000 zone twice in 48 hours. This substantial sell-off has led to heightened market volatility and investor concern. In January, the German authorities seized a substantial stash of Bitcoin, totaling 49,860 BTC,
Ethereum is slowly recovering from the extreme bearish sentiment experienced last week, where it fell 5% over seven days, hitting a five-month low of $2,810. Currently, Ethereum is trading at $3,091, with a modest 0.88% gain in the past 24 hours, although its trading volume is down 9% in the
The German government’s recent move to sell off substantial Bitcoin holdings has made big waves in the cryptocurrency market. According to Arkham Intelligence data, approximately 8,853 Bitcoins were transferred out of government wallets today, reducing their total holdings to 15,110 Bitcoins valued at $887 million. This follows a series of
Bitstamp has assured to pay out debtors who were owed payments by Mt. Gox as soon as possible. The crypto exchange intends to reimburse investors far sooner than the 60 days allowed by their agreement with the Mt. Gox trustee for distributing tokens. Several Japanese creditors of Mt. Gox have
Ethereum, the largest-capped altcoin, marks the slightest recovery back to $3,000 with a minute spike of 1.25% in the last 24 hours. Alongside Bitcoin’s dip to $53.4K, Ethereum bottomed at $2.8K last week, creating a panic in the market. Mt. Gox and the German Government were among the instigators of
Amid a challenging bearish market, Ethereum has recently approached a four-month low, dropping from $3,043.58 to $2,826.48 over the past 24 hours. However, there is a tentative recovery with a modest 2% increase noted at the time of writing. One of the most notable developments amid this volatility has been
The crypto market’s window opened on an anxious note, sliding back to a valuation of $2.13 trillion. With a dip of 4.76%, Bitcoin (BTC) plunged to a two-month low of $57.2K. The fall has caused the altcoins herd to perform at its lowest. Notably, the largest altcoin Ethereum (ETH) fell
