Wintermute Acquires $36M Worth of ARB Ahead of Major Token Unlock
Wintermute's strategic accumulation of ARB tokens ahead of the unlock indicates a potential profit-seeking move amidst market fluctuations.
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University of Wyoming Launches First Bitcoin Research Institute
27/07/2024 23:30
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Ethereum's Daring Dance: Will ETH Break Free Above $2,700 or Succumb to Market Pressures?
Ethereum battles at $2,500, breaking resistance at $2,510. Key hurdles at $2,540; success may propel ETH to $2,650. Failure risks support breach at $2,495, facing uncertainty.
Xu LinApeCoin (APE) Sees 5% Surge Amid Uncertainty Over Upcoming Token Unlock
It seems ApeCoin (APE) had a recent surge in price after a bearish trend, but there's apprehension about an impending token unlock that might impact its trajectory. Despite a rebound and current trading at $1.38 with a market cap over $507 million, the release of 15.6 million tokens, valued at $22 million, raises concerns for investors. Historically, APE has seen price drops post-unlocks, adding uncertainty. Market data shows declining floor prices in Bored Ape Yacht Club (BAYC), possibly indicating similar trends for APE. While some indicators suggest a positive outlook with decreased supply on exchanges and positive money flow trends, caution prevails amid the uncertainty around the unlock's impact on APE's performance.
EdmundInjective's INJ Set for Bullish Momentum with Upcoming 100% Token Unlock: Analysis
Despite a mixed analysis of market indicators and the potential for a bullish pattern, the impending complete token unlock stands as a crucial factor influencing INJ's trajectory. While social metrics lean towards positive sentiment, market indicators depict a cautious outlook, signaling a potential price decline or consolidation in the short term. Investors are advised to closely monitor market developments around the unlocking event for a clearer perspective on INJ's future price movement.
Xu LinWFE Survey Finds Mixed Interest Among Traditional Exchanges On Crypto
While some exchanges are keen on embracing crypto and crypto products, others have indicated a more ambivalent outlook
ClementSandbox’s SAND Surges 90% Since Start of Year Ahead of Token Unlock
The unlock, scheduled for mid February, will release 12% of the token’s supply.
OthersMicrosoft Bans Crypto Mining on Its Online Services Without Permission.
Google has a similar policy in place and Amazon's AWS prohibits crypto mining during its 12-month free trial.
OthersTop Ten DeFi Hacks of 2022: Hackers Get More Daring
DeFi platforms exploited for a total $2.32 billion so far this year, according to Peckshield.
BeincryptoApeCoin's APE Could See Selling Pressure Ahead of Major Token Unlock
Over 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.
CoindeskCelsius CEO Floats Daring Plan to Resurrect the Floundering Company
The new plan would see the company turn into a custodian of crypto assets with a fee structure for different transactions.
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