Bitcoinist Press Review

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• Ethereum Foundation Finalizes 5,000 ETH Sale In $10M OTC Deal — Details
  The Ethereum Foundation (EF) announced that it has completed an over-the-counter (OTC) sale of 5,000 ETH over the weekend. According to the organization’s disclosure, proceeds from this sale will be directed towards its core operations and other activities. Ethereum Foundation Sells $10 Million In ETH To BitMine In a March 14 post on the social […]
• Bitcoin Inflection Point Forms At $70k As Institutional Demand Offsets Whale Sell-Off
  Over the last day, the Bitcoin price has displayed sideways movement, without any apparent intent of a breakout. While this is a typical weekend price action, there has been an interesting update on the underlying dynamics keeping the flagship cryptocurrency grounded around $70,000. Related Reading: DOJ, Europol Freeze $3.5M In Crypto After Dismantling Global Proxy […]
• Here’s Bitcoin’s Fate If The Strait Of Hormuz Remains Unsettled – Details
  The Bitcoin market has experienced some significant price relief in recent weeks. After a series of intense corrections that forced prices to a local bottom of $60,000 in early February, the premier cryptocurrency presently trades around $71,000, reflecting a 7.19% gain in the past month.  Meanwhile, the global markets have been heavily rocked by heightened […]
• Ethereum Approaching Major Capitulation Zone — On-Chain Metrics Hint At Impending Shift
  Following a disappointing performance in February, the Ethereum price has seen some semblance of relief over the past two weeks. With the steadying market condition, the “king of altcoins” has managed to hold its own around the psychological $2,000 level. This, expectedly, has been enough to rouse hopes in silent investors on the Ether token’s […]
• You Won’t Believe Which Company Is The Top XRP ETF Holder
  Institutional interest in XRP exchange-traded funds is still growing, and these ETFS have already taken in more than $1.4 billion in cumulative inflows since launch. Interestingly, the latest regulatory disclosures reveal a surprising name sitting at the top of the list of investors.  Goldman Sachs, one of Wall Street’s most influential investment banks, has quietly […]
• Former UK Prime Minister Calls Bitcoin A ‘Giant Ponzi Scheme’, Strategy’s Saylor Replies
  Former Prime Minister of the United Kingdom, Boris Johnson, said he has always feared that Bitcoin is a “giant Ponzi scheme,” with the latest stories around the cryptocurrency appearing to prove him right. Former Prime Minister Johnson Calls Pokémon Cards A Better Bet Than BTC  In a March 13 Daily Mail column, former UK Prime […]
• Custodia Bank Loses Case For Rehearing Over Fed Master Account – Details
  Crypto bank Custodia has lost another legal battle in its campaign to review the Federal Reserve’s position as the final authority over granting master accounts. This development comes after the US Court of Appeals for the Tenth Circuit rejected the Caitlin Long-led digital bank’s request for rehearing after an initial favorable ruling for the Federal […]