Vitalik Buterin’s $1 Million Ethereum Transfer to Coinbase Sparks Speculation
An analysis of crypto addresses has revealed that Vitalik Buterin, co-founder of Ethereum, transferred 500 ETH worth over $1 million to Coinbase. This transfer follows Buterin’s previous moves to exchanges and his statement that he has not sold ether for personal gain since 2018.
Seasoned Trader Peter Brandt Challenges Bitcoin Halving Hype Calling It a ‘Whole Lot of Excitement Over Nothing’
Financial analyst and trader Peter Brandt believes that the upcoming Bitcoin reward halving in April 2024 is being overly hyped and will only have a temporary impact on the price. Brandt has been expressing his thoughts on crypto assets, particularly Bitcoin and Ethereum, more frequently.
SEC Makes ‘Rare’ Calls to Spot Bitcoin ETF Applicants — Analyst Says ‘Good Sign’ for January 10 Approval
The SEC has reportedly contacted issuers and exchanges of spot Bitcoin ETFs regarding their applications, which a Bloomberg analyst sees as a positive indication for potential approvals by January 10. The SEC has specified the cash creation model for these ETFs.
Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service
Tether, the stablecoin company, has confirmed its collaboration with several US government agencies, including the DOJ, FBI, and Secret Service. The aim is to enhance the safety of the stablecoin ecosystem and assist law enforcement in dealing with malicious actors.
Hot Take: BTC Halving Excitement Overhyped, SEC Action Imminent on Bitcoin ETFs
According to Peter Brandt, the hype surrounding the upcoming BTC halving is unwarranted and won’t have a lasting impact on the price. Meanwhile, the SEC’s recent communication with spot Bitcoin ETF applicants indicates that favorable approvals may be on the horizon. These developments suggest that the crypto market is poised for significant regulatory action and potential market shifts.
Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.