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Bitcoin Sell-Off Incoming: Bitcoin Whales Return to Major Crypto Exchanges

Bitcoin Sell-Off Incoming: Bitcoin Whales Return to Major Crypto Exchanges

CryptoQuant Alerts warns that Bitcoin whales are moving huge quantities of BTC onto major crypto exchanges indicating a huge sell-off could be imminent.

June 1: Sell in May Postponed to Sell in June?

June 1: Sell in May Postponed to Sell in June?

For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.

Bitcoin (BTC) Faces Major Sell-Off Amid German Government and Mt. Gox Distributions

Bitcoin (BTC) Faces Major Sell-Off Amid German Government and Mt. Gox Distributions

Bitcoin market faces significant sell-off pressures from the German Government and Mt. Gox distributions, impacting price and investor sentiment.

Plasma CEO Dismisses Selling Allegations Amid XPL Collapse

Plasma CEO Dismisses Selling Allegations Amid XPL Collapse

Amid a 45% decline in Plasma's token XPL, CEO Paul Faecks has denied allegations of insider trading and team selling.

BTC Crashes to $102K After Trump's China Tariff Bombshell

BTC Crashes to $102K After Trump's China Tariff Bombshell

Cryptocurrency markets reel as presidential trade war escalation triggers massive sell-off, wiping billions from digital asset valuations overnight.

Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off

Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off

Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer to remove the funds from SVB as the FDIC-insured bank was about to shut operations, but the transfer was not wholly processed, leaving $3.3 billion of USDC reserves with SVB. Dante Disparte, Circle's chief strategy officer, warned that SVB's failure could have broader implications for the US economy.

USDC Holders Panic Sell Amid Solvency Concerns

USDC Holders Panic Sell Amid Solvency Concerns

On March 10, concerns about the solvency of USD Coin (USDC) led several holders to panic sell their holdings and switch to other stablecoins. One user lost over 2 million USDC in a failed attempt to exchange them for Tether (USDT) using KyberSwap's decentralized exchange aggregator. Tron founder Justin Sun reportedly withdrew 82 million USDC and exchanged them for Dai (DAI) using Aave v2, while IOSG Ventures sold 118.73 million USDC for 105.67 million USDT and 2,756 Ether (ETH). The USDC price has since slowly recovered, and Circle, the company behind USDC, disclosed holding $3.3 billion at the Silicon Valley Bank.

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.

Crypto Whales Moving BTC to Exchanges Sees Bitcoin Price Bounce at $17,250

Crypto Whales Moving BTC to Exchanges Sees Bitcoin Price Bounce at $17,250

The Bitcoin price corrected fell and bounced at $17,250 as crypto whales moved their BTC to exchanges, presumably to cash in as BTC approached a new all-time high of $20,000.

Circle's USDC Reserve Mishap Leads to Massive Sell-off

Circle's USDC Reserve Mishap Leads to Massive Sell-off

Circle's announcement that Silicon Valley Bank failed to transfer $3.3 billion of its USDC reserves led to a significant sell-off, causing the stablecoin to depeg from the U.S. dollar. Investors who tried to cut their losses by exchanging USDC for other stablecoins, such as USDT, faced exorbitant prices.

Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic

Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic

Due to the coronavirus outbreak and the lockdown situation in Italy, an Italian Bank, Banca Sella has launched Bitcoin trading services for its 1.2 million customers of Hype mobile banking platform.

NFT Market Facing Persistent Selling Pressure

NFT Market Facing Persistent Selling Pressure

Recent data shows that throughout April, the NFT market has had more sellers than buyers, indicating a potential lack of demand for NFTs.

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