Tuesday, November 19, 2024
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Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB

The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the selling pressure of ARB tokens likely done with, making the rollup well-positioned for further growth.Arbitrum ecosystem tokens

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Bitcoin holds $28K due to spot buying, but institutional investors are still selling

Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and

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Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise – Economics Bitcoin News

The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. This rise in demand has been caused by several factors which led the population to believe

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Hodlnaut founders propose selling the firm instead of liquidation

The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation.On Feb. 28, Hodlnaut’s interim judicial managers released the sixth affidavit of Hodlnaut co-founder Simon Lee reportedly stating the company’s founders proposed selling the business as a better option for creditors

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Crypto Broker Voyager Digital Sells $121M of Cryptocurrencies, May Foreshadow Selling Pressure for ETH, SHIB, LINK

Arkham data shows that Voyager’s largest non-stablecoin crypto holdings are 166,223 of ETH worth $271 million, 6.2 trillion of SHIB tokens worth $77 million, and 148.4 million of its own VGX token, valued at some $63 million. Further notable holdings include some $13 million of LINK, $5.5 million of Fantom’s

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Voyager is selling crypto assets through Coinbase, suggests on-chain data

Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 bankruptcy in July 2022, is reportedly selling assets through the Coinbase crypto exchange. On-chain data suggest that Voyager received at least $100 million in USD Coin (USDC) in three days, starting Feb. 24.Since Valentine’s Day, Feb. 14, Voyager

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