Binance launched an investigation into BOME as a suspicious transaction took place a few hours before the token got listed on the market.
Arbitrum is also scheduled to release another 92.65 million tokens on April 16, valued at approximately $155 million at the current market price.
A closer examination of past instances reveals a pattern: whenever FTX and Alameda Research executed similar large-volume transfers of Ether tokens, Ethereum price experienced a notable correction.
Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.
The recent decline in Bitcoin’s value may be partly attributed to traders’ growing interest in speculative memecoins that offer limited liquidity.
Raoul Pal’s disclosure of his WIF ownership, coupled with the substantial surge in the token’s market value, has ignited fervent discussions and speculations among investors and market participants.
In addition to the rise of Bitcoin ETFs, the broader cryptocurrency market has seen record inflows, with a CoinShares report indicating that crypto saw inflows of $2.7 billion last week.
In contrast to Coinbase’s expansionary endeavors, Cathie Wood’s Ark Invest has been engaging in a selling spree, offloading another $27 million worth of COIN shares.
The large ETH withdrawal by validators has raised security concerns for Ethereum. With fewer coins staked, the network is more vulnerable to attacks.
As the second largest Bitcoin ETF, BlackRock’s IBIT closes the gap on Grayscale’s GBTC.