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Showing posts with the label sell-

Ripple dumps the remaining 100 million XRP of April’s sell-off

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Ripple sold $52 million worth of 100 million XRP tokens from this month’s sell-off reserves on April 24. This dump marks the end of April’s tokens unlock, and the company prepares for May’s 1 billion XRP release. On April 1, Ripple released 1 billion of its tokens from the initial distribution, locked in monthly escrows until 2027. The company then sent 200 million XRP to its treasury account and locked the remaining 800 million in new escrows. Notably, Ripple sold the first half on April 14 amid geopolitical tensions with an escalation of the Iran-Israel conflict. This was the longest waiting period recently observed for Ripple’s monthly sell-offs, which concluded on April 24. Picks for you Bitcoin set for most aggressive price movement, targets $300k 30 mins ago Is a market turnaround near? Whale scoops up 4,380 BTC in a month 38 mins ago 3 cryptocurrencies under $1 to buy next week 40 mins ago This is how much Ted Cruz is up o...

Bitcoin sell-off alert: Price drop below $40k imminent?

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Bitcoin (BTC) is trading above the $47,000 level, playing exactly as reported by Finbold on January 27. Now, BTC may drop below $40,000 under specific conditions for a sell- off event. Interestingly, this expected bull rally to around $48,000 was only the first part of a broader analysis by CrypNuevo . The accurate professional trader foresaw the run as needed for Bitcoin seeking lower prices in March. If the next steps continue to play out, according to CrypNuevo ’s Analysis , Bitcoin might drop to the $36,500 zone. The leading cryptocurrency will find relevant support in this area, possibly bouncing back up immediately. Before that happens, the analyst says BTC can still seek the top of the wick at nearly $49,000. This would require a consolidation at around $47,000 during the weekend. BTC/USD daily price chart. Source: CrypNuevo Bitcoin sell-of invalidation Picked for you Institutional investors are actively deploying capital to this crypto startup 2 hours ago ...