Arman Shirinyan Ethereum address that was last active back in 2014 makes big return to market An Ethereum wallet that has been dormant since the ICO of the second biggest network on the market woke up all of a sudden and transferred a huge amount of tokens to a list of unmarked wallets. The whole sum was divided into 5,000 ETH per wallet. The initial source of ETH for the whale was participation in the Ethereum Genesis ICO that took place back in 2014, when the foundation offered 1… Source link

Bitcoin (BTC) enters a new week with a bang after sealing its highest weekly close since mid-June — can the good times continue? After a volatile weekend, BTC/USD managed to restrict losses into the later portion of the weekend to produce a solid green candle on weekly timeframes. In what could shape up to be the last “quiet” week of the summer, bulls have time on their hands in the absence of major macro market drivers involving the United States Federal Reserve. Fundamentals remain… Source link

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

An Ethereum wallet that had been dormant for around three years has now become active and is transferring tokens. Over the past day, the whale moved approximately 145k ETH to different wallets. Per on-chain data, the tokens were mainly transferred in batches of 5000, 10000, 15000, and 20000. The wallet, as such, has its roots associated with the genesis ICO via which it obtained 150k ETH. In 2019, the wallet sent out 5000 tokens, and three years back indulged in two transactions involving… Source link

Bitcoin is gaining bullish momentum above $24,500 against the US Dollar. BTC could gain bullish momentum if it clears the $25,000 resistance zone. Bitcoin started a fresh increase above the $24,200 resistance zone. The price is now trading above the $24,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $24,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a… Source link

Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could reach $300K in six years, urging investors to “just relax” and “stay long-term.” Skybridge Optimistic About Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management firm Skybridge Capital, shared his firm’s outlook for bitcoin and… Source link

“BTC’s resilience above $20,000 did see bulls pushing for more upside, especially after a successful retest of that range,” Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote CoinDesk. “However, we are yet to witness the breakout above $25,000, which could see BTC moving quickly toward the $29,000-$30,000 range.” Source link

Bitcoin [BTC] is feeling the heat of the rebound again after narrowly breaching its $25k resistance level over the last 24 hours. At the time of writing, the crypto was trading at $24,750 on the back of a 0.75% daily hike. In fact, it also looked set to end the week on a positive note with weekly gains of over 7.75%. A new dawn? The cryptocurrency has been reflecting on the bullish activity in recent days, something that has intrigued investors of late. There are now serious… Source link

Bitcoin (BTC) spiked through $25,000 for the first time in months on Aug. 14, but traders refused to take any chances on a bull run. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekend produces brief $25,000 tap for BTC Data from Cointelegraph Markets Pro and TradingView tracked a sudden run-up on BTC/USD, which hit $25,050 on Bitstamp in a $350 hourly candle. The move took the pair to a new personal best since June 13, erasing more of the losses seen that day in what remains a… Source link