Grayscale’s $69M Bitcoin Transfer Sparks Market Concerns
The post Grayscale’s $69M Bitcoin Transfer Sparks Market Concerns appeared first on Coinpedia Fintech News
Grayscale’s recent Bitcoin transfer of 696.821 BTC, valued at $69.48 million, to Coinbase Prime has stirred tension in the crypto community. Arkham’s monitoring revealed the movement from Grayscale’s Coinbase Prime Deposit address to its hot wallet. Unlike previous transfers during Bitcoin’s price rallies, this shift comes amid a downmarket, raising questions about Grayscale’s strategy. The sudden move has fueled speculation about potential sell-offs or strategic adjustments, leaving investors wary of its impact on Bitcoin’s price dynamics and market sentiment.
SEC vs Ripple: Case Insiders Confirm the End is on Horizon to Pave Way for Mainstream Adoption of $XRP
The post SEC vs Ripple: Case Insiders Confirm the End is on Horizon to Pave Way for Mainstream Adopt...
Telegram Bot BANANA Surges 50% Amid Launch Hype, But Can It Hold?
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Ethereum Struggles Near 5-Year Low Against Bitcoin: Can ETH Bounce Back Above $2,000?
The post Ethereum Struggles Near 5-Year Low Against Bitcoin: Can ETH Bounce Back Above $2,000? appea...