Ethereum

Bitcoin

Silk Road

Giant

Layergg, a famous cryptocurrency analysis company, has compiled a list of potential FUDs that can be expected in the coming period.
Here is the FUD list compiled by the analysis company:
Grayscale is expected to sell between 10,000 and 25,000 BTC every day. According to the analysis company, outflows are not slowing down; It's actually increasing. Total outflow so far is a staggering $3.45 billion. Notably, FTX has sold nearly $1 billion of Grayscale's GBTC since the Bitcoin ETF approval.
The BTC distribution of the sunken cryptocurrency exchange Mt.Gox is expected to occur within the next two months, with 200 thousand BTC unlocked. In December 2023, some Mt.Gox creditors received compensation in yen through PayPal. It is worth noting that, according to analysts, most Mt.Gox holders' Bitcoin purchase price is below $1000, which may affect their selling decisions.
Related News: <a href="https://en.bitcoinsistemi.com/giant-whale-sells-all-his-altcoins-at-a-loss-due-to-stop-loss/" target="_blank" rel="noopener noreferrer nofollow">Giant Whale Sells All His Altcoins at a Loss Due to Stop Loss</a>
The US government currently holds approximately 100 thousand BTC related to Silk Road. They announced that they planned to sell 50 thousand Bitcoins seized from Silk Road in four installments, but there has been no update since July. However, it is likely to continue once the ETF is implemented.
Grayscale holds $7-8 billion of the Ethereum futures ETF ETHE. ETHE, similar to GBC, until recently was trading at a discount of up to 50% to its normal price. This brings to mind the possibility of an Ethereum version of the “ETF – Sell the News” phenomenon. Interestingly, FTX's ETHE holdings are a quarter of GBTC's.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/which-fuds-await-bitcoin-and-altcoins-in-the-coming-period-heres-a-list-to-watch-out-for/" rel="noopener noreferrer nofollow">Which FUDs await Bitcoin and Altcoins in the Coming Period: Here’s a List to Watch Out For</a>

Which FUDs await Bitcoin and Altcoins in the Coming Period: Here’s a List to Watch Out For

Bitcoin Sistemi EN

Други статии, публикувани на 23.01.2024 г.

Cointelegraph, others sent phishing emails in presumed hack

Celsius’ $125M Ethereum Transfer May Trigger Price Drop; Rising Potential for Filecoin and Borroe...

Coinbase faces headwinds as Bitcoin and ETF interest dips, says JPMorgan

XRP Price on Route to $27, How Long Will the XRP Army Wait?

Pro-XRP Lawyer Deaton Unpacks Why Ethereum Received Its ‘Free Pass’

As ATOM’s price falls 4% in 7 days, predictions advice caution

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!