The Winklevoss twins transferred $60 million worth of Bitcoin to their Gemini exchange, likely to sell and take profits as Bitcoin struggles around $59,000. They still hold $300 million in Bitcoin after this move and also moved $7 million in Ethereum to Gemini. While some see this as profit-taking amid volatile markets, others suggest it could be a portfolio restructuring rather than a sale. The twins have secured $1.7 billion from Bitcoin held since 2015, highlighting their long-term involvement in the crypto market.
XRP's market capitalization surged by over $9 billion in 24 hours, rising 14.5% from $63.08 billion to $72.27 billion on August 20, with its price climbing from $0.99 to $1.15. This rally was driven by renewed support from former President Donald Tru...
Bitcoin surged past $70,000, reaching $71,570—the highest since June 2—driven by a short squeeze that liquidated over 160,000 traders and was supported by US government actions like crypto legislation efforts and bond buybacks. Despite the rally, man...
Bitcoin's price surged over 6% to nearly $69,000 following the US Treasury's decision to double long-term bond buybacks, improving market liquidity. Analyst Geoff Kendrick from Standard Chartered highlights the $65,500 level as a key threshold that, ...
Bitcoin rose 8.8% to $69,687 and Ethereum jumped 18.5% to $2,248, driven by a risk-on market environment with climbing equity indices and steady US 10-year yields. Investors are rotating from safe assets like gold and the dollar into higher-risk cryp...
Solana (SOL) and Ripple (XRP) surged about 10% on August 19, driven by a Bitcoin-led market rally and a short squeeze triggered by U.S. Treasury bond market moves. SOL reclaimed its 200-day moving average and hit a 3-month high, signaling bullish mom...
