Bitcoin’s price may have stagnated in the past 24 hours, but the broader crypto market has been busy! For Bitcoin, the downward momentum appears to be weakening, which some believe indicates a reversal. A new report shows why the weekends are becoming so volatile, and the world’s largest Bitcoin miner is raising $250 million to buy more BTC. In other news, an Ether whale is dumping thousands of ETH worth over $150 million after holding it since its ICO, a Canadian crypto exchange founder was found to be using customer deposits to gamble with, and a US Court of Appeal has reversed the dismissal of the HEX manipulation case against Binance.US.
Further reading:
- Why Bitcoin is still poised to break $74K before end of year
- Bitcoin risks ‘sharp weekend price swings’ as ETFs suck up liquidity
- World’s largest Bitcoin miner announces $250M raise to buy more Bitcoin
- Bitcoin miners record lowest daily revenue of 2024
- Whale continues $154M dumping spree with 5K ETH deposit to OKX
- Whale buys nearly $13M of Ether, but price needs to reclaim $2.7K for next leg up
- Canadian crypto exchange gambled away $9.5M of users’ Bitcoin and Ether
- US Court of Appeals reboots HEX manipulation case against Binance.US
So, grab yourself a coffee, and let’s get into.


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