98,292,623 XRP Mysteriously Transferred as a #XRPETFs New Whale Is Born
Whale Alert, a cryptocurrency tracking company known for monitoring large cryptocurrency transactions and sharing their details on its website and social media channels, has detected a massive XRP transaction worth over $220 million.
98.2 Million XRP on its Way to a New Wallet. The aforementioned data source shared details of a transfer carrying 98,292,623 XRP. This amount of cryptocurrency is worth $219,121,793 USD. The transaction originated from an anonymous wallet to a recently activated blockchain address, containing only two incoming transfers.
The transaction carrying 98,292,623 XRP was one of them. Therefore, either the market is witnessing over-the-counter buying and the emergence of a new XRP whale, or it is simply an old whale reshuffling its XRP holdings
On April 28, Whale Alert also detected a large transfer of 29,532,534 XRP, which was equivalent to $68,722,825 $XRP
{spot}(XRPUSDT)
#AirdropSafetyGuide
Semler Scientific Adds 165 Additional Bitcoins, Now Valued at Over $330 Million BTC
Semler Scientific CEO Eric Semler announced on April 30 via X that the company had acquired an additional 165 Bitcoins for $15.7 million.
The latest purchase brings the company's total Bitcoin (BTC) holdings to 3,467 BTC, now valued at $330.6 million.
The acquisition was funded with proceeds from Semler's current $500 million stock market offering. Between April 25 and 29, the company sold 559,000 shares, raising approximately $19.5 million.
The average purchase price of the new Bitcoin was $94,931 per coin, while the company's total base cost averaged $88,263 per Bitcoin
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Smeller Scientific began accumulating Bitcoin in May 2024, declaring it its primary treasury reserve asset. Initial purchases included 581 Bitcoin in May, 247 Bitcoin in July, and another 247 Bitcoin in August
#AltcoinETFsPostponed
Bitcoin price falls as US economy shrinks for first time in three years
Bitcoin fell below $95,000 on Wednesday after the US Bureau of Economic Analysis said the economy shrank at an annual rate of 0.3% in the first quarter, highlighting recession fears linked to tariffs imposed by US President Donald Trump.
Economists had expected the US economy to grow at an annual rate of 0.3% in the three months ending in March; however, Wednesday's reading marked the first quarterly decline in economic growth since the first quarter of 2022, according to Trading Economics.
Bitcoin was recently around $94,300, dropping immediately after Wednesday's snapshot, according to cryptocurrency data provider CoinGecko. Altcoins fluctuated, with Ethereum and Solana both falling 3% to $1,760 and $143, respectively, over the past day
MOVE Token Scandal News: Who and How Market Manipulation Led to a Massive Price Drop #Trump100Days
A massive scandal has rocked the cryptocurrency world, and it's all about the MOVE token. What was supposed to be a successful launch for MOVE ended in disaster, causing its price to plummet to an all-time low of $0.219. Behind this sudden collapse lies a financial deal that was supposed to boost the coin's success, but instead led to market manipulation and shady tactics.
Who is behind this cryptocurrency mess, and how did things get so bad? Let's go over the details.
A deceptive deal leads to a price collapse. The Movement Foundation, which is behind the launch of MOVE, is currently under investigation for signing a deal that gave one party disproportionate control over the token market. This agreement gave Web Port, a Chinese market maker linked to Donald Trump's World Liberty Financial, significant influence
This led to the sale of 66 million MOVE tokens just one day after their launch in December. This massive token sale led to a sharp price drop and sparked accusations of insider trading