Day: August 29, 2023

Traders share their plans for the ‘tornado’ to come

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With as much as 130 million people introduced to cryptocurrencies since the end of 2021, millions of investors could soon be looking at their first crypto bull run, with some suggesting it could come as early as 2024. However, unlike the current bear market, a bull market is “unlike anything else you’ve ever experienced” according to Ben Simpson, founder of education platform Collective Shift. “It’s complete and utter chaos. It’s just a tornado.” In August, Cointelegraph spoke to hedge fund managers, heads of research at digital asset companies, and other…

SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks

Data aggregated by TokenUnlocks shows that Sui plans to increase its allocation of tokens earmarked for staking subsidies from 967,740 to 1 million SUI, worth around $540,000. At the same time, Hedera will allocate 1.15 billion HBAR, or $64.3 million, split between network governance, purchase agreements and ecosystem development. Source

Is Vitalik Buterin Selling His ETH Stash? Let’s Take A Look At His Transactions

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Ethereum founder Vitalik Buterin has multiple public wallets that carry a significant amount of ETH and these wallets are religiously tracked by on-chain sleuths. This is why whenever the founder makes a withdrawal, the destination of the ETH being sent is closely followed and recent reports reveal that Buterin has been sending significant amounts of ETH out to different wallets. Two Vitalik Buterin Transactions Spark Speculations In the early hours of Monday, the on-chain data tracking platform PeckShieldAlert took to X (formerly Twitter) to share some interesting movements that have…