Ethereum Encounters Price Tumble Following Ethereum Foundation’s Partial Liquidation

Ethereum Encounters Price Tumble Following Ethereum Foundation’s Partial Liquidation

Ethereum’s price dipped 2.9% to $1,577 following the Ethereum Foundation’s sale of 1,700 ETH for USDC, stirring market sentiment and speculations. Key Takeaways In a scenario where every movement in the crypto sphere is meticulously observed, Ethereum (ETH) finds itself under the spotlight following a marked 2.9% decrement in its price, now sitting at $1,577 according to CoinMarketCap. This noticeable …

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US Government Moves $300 Million Worth of Bitcoin, Prompting Liquidation Fears

US Government Moves $300 Million Worth of Bitcoin, Prompting Liquidation Fears

The US government transfers over $300 million worth of Bitcoin linked to Silk Road, raising concerns about potential market impact and sell-offs. Key Points In a recent development, the United States government has made another significant movement with regards to Bitcoin associated with Silk Road, a notorious darknet marketplace. The US Justice Department transferred over $300 million worth of Bitcoin …

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