Analyst: Ethereum Foundation is monetizing the top again.

2022-1-22 23:04
share to
Scan QR code with WeChat

According to a tweet from crypto trader and analyst Edward Morra, the Ethereum Foundation may sell ETH from the top to (again) raise funds for it. Since then, ETH has fallen over 40%. The above trade took place on November 11 last year at 14:56 UTC. At that time, the Ethereum Foundation was selling $90 million worth of ETH to Kraken, and the exchange rate for ETH was $4810. Analysts say this is not the first time the Ethereum Foundation has been funded at or near the top of the Ethereum market. (U.Today)

Next:
Laos Announces License for Two Cryptocurrency Trading Platforms
Golden Financial reported that the Central Bank of Laos announced licenses for two companies for cryptocurrency exchange. The first deal is the Lao Digital Asset Exchange (LDX), a joint venture between AIF Group and Phongsupthavy Group. The second is Bitqik, a subsidiary of the Simuong group. Both companies are the only authorized and regulated entities in Laos to provide all brokerage and trading services for cryptocurrencies and other digital assets. Both platforms will be fully operational in April. They follow all the rules of the central bank. (news.bitcoin)
2022-1-22 22:28