Altcoins ‘hardly sold off’ as Fed casts doubt over future rate cuts
Federal Reserve Chair Jerome Powell says there’s “no need to hurry” on rate cuts — but this didn’t trigger much of a crypto sell-off, leading to one analyst to call a market bottom. Source link
China sold 194k Bitcoin from PlusToken
CryptoQuant CEO Ki Young Ju believes China’s authorities have already sold $20 billion worth of Bitcoin seized from the PlusToken scheme in 2019. In a recent post, Ju shared CryptoQuant’s analysis on PlusToken’s Bitcoin reserves that were seized by the Chinese government and where they may have gone. The chart shows the value of PlusToken’s […]
China sold near $20B Bitcoin from PlusToken seizure: CryptoQuant CEO
“A censored regime holding censorship-resistant money feels unlikely,” wrote CryptoQuant’s CEO. Source link
An Australian couple sold their land in a BTC-only sale
Two couples of vendors in Ballarat exhibited their 582m² land block for sale, accepting only Bitcoin payments. Why do people sell real estate for crypto, and how does the latter disrupt the real estate market? The land in question The block at 7 Magpie Street was bought by vendors Melissa Bower and Trudy Purcell in […]
Over 50% of Americans sold gold and stocks to buy Bitcoin, survey shows
More than two-thirds of Americans now own cryptocurrency, ChainPlay and Storible’s survey reveals. A new survey from ChainPlay and Storible reveals that nearly 70% of Americans now own crypto, marking a big step for digital assets in the U.S. The survey, which included 1,428 participants, shows crypto is becoming a go-to investment for people of […]
Cosmos Network Developers Sold Over $27 Million in Bitcoin
According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years. At the current price of $94,410.82, 295.3 Bitcoins (BTC) stand at roughly $27.8 million. Yujin explained that some of the BTC sold in the recent dip are likely from the […]
