Jump Trading sells another $29M Ether with $63M left to go. Is the bottom near?
The Ether bottom could be in, as market makers like Jump Trading are running out of ETH to sell.
Related Posts


SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies
Regulators have green-lighted a new exchange-traded fund that provides exposure to “Bitcoin Industry Revolution Companies.” 1258 Total views 4 Total shares The United States Securities and Exchange Commission, or SEC, has approved the Volt Crypto Industry Revolution and Tech ETF, providing investors with easy access to companies with significant exposure to Bitcoin (BTC).The ETF, which…

Crypto Exchange Huobi to ‘Likely Launch Its Own Stablecoin in 2019,’ Says CFO
Top 5 Cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. 22.During a presentation in Singapore today, Huobi’s CFO said the company will also update its trading platform and continue its international expansion.“2018 brought us huge…

Bitcoin gets $28K ‘plunge protection’ with BTC price due new volatility
Bitcoin (BTC) traders braced for classic volatility on July 26 as the United States Federal Reserve interest rate decision dawned.BTC/USD 1-hour chart. Source: TradingView“Let the games begin” for Bitcoin — FOMC day arrivesData from Cointelegraph Markets Pro and TradingView showed BTC price action hovering near $29,200.While barely moving since the start of the week, Bitcoin…

Cointelegraph Consulting: Gaming tokens usher in altcoin season
While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming tokens,…

Bitcoin breaks above $12.3K after PayPal confirms Venmo to become BTC wallet
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains. 444 Total views 6 Total shares Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains.Cryptocurrency market daily performance overview from Coin360PayPal takes BTC…

Waves community back DeFi revival plan for Vires.Finance
A Waves proposal that aims to solve the liquidity problem of Vires.Finance has passed after gaining the support of its community. 115 Total views 7 Total shares The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis. The vote aims to stabilize the…

Coinbase CEO calls for change in stablecoin laws to enable ‘onchain interest’
Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that

How DeFi trading is evolving after a whirlwind 2020
When the history books are written about cryptocurrency, 2020 will be remembered as the year decentralized finance exploded in popularity.A powerful illustration of how this young, often misunderstood space has grown comes from DeFi Pulse. At the start of January, the total value locked in DeFi protocols stood at $675 million. Since then, records have continued…