According to on-chain analyst Ember, BTC has corrected after hitting $73,000, and a whale has added 880 BTC ($61.17 million) at an average price of $69,511 in the last 3 days. The last time he bought BTC was in June last year, when he hoarded 501 BTC at an average price of $30,240. Thanks to his low-price bottom fishing last year, the combined cost of his 1,381 BTC holdings now is only $55,264.
Bitcoin and the broader crypto market have seen sharp declines so far this month, but global stock markets are returning to all-time highs after shrugging off fears about U.S. economic growth. Bitcoin fell about 10 percent in August, trailing the nearly 1 percent gain in the MSCI Inc. global index and gold's rise to all-time highs. The Bloomberg Global Bond Index rose nearly 2 percent over the same period. Analysts have pointed out that the US government is dealing with the risk of confiscating ...
Former and current employees of Wemade Tree (now part of Wemade), the developer of the WEMIX project, have filed a 16.20 billion won (about $11.85 million) damages lawsuit against Wemade. Wemade revealed in an August 9 e-announcement that 27 former and current Wemade Tree employees filed a lawsuit on July 29, claiming that Wemade Tree had promised to issue them WEMIX (Wemix) and demanded damages from Wemade. Wemade said that the plaintiff...