Crypto News Digest by u.Today
U.today prepared the three best news stories over the past day.
Gox Mountain transports the main bitcoin amid the collapse of the market
yesterdayLookonchain x handle I mentioned 11,834 Bitcoins transferred about 931.19 million dollars made by Mount Jooks. The majority of the money was transferred to a new portfolio, while the rest was sent to a warm portfolio. Earlier this month, on March 6, the Stock Exchange has converted $ 1.07 billion into a new portfolio, followed by a smaller transfer of 15 million dollars. These movements occurred amid a severe shrinkage in the encryption market, as Bitcoin fell to the lowest level of $ 76,000 and Ethereum fell to less than 1800 dollars, the lowest level since October 2023. With a reminder, MT. returned. Gox back in 2014 and began to return its customers last July. The deadline for payment was extended to October 31, 2025, which reduced concerns about the imminent sales pressure. However, the transfer of Mount Jooks continues to attract great attention within the encryption community.
XRP ETF proposal submitted for a giant investment amount of $ 1.53 trillion
He also became known yesterdayFranklin Templeton has become the largest player to join the XRP ETF race with his last introduction. The list of other applicants includes BitWise, Canary Capital, 21shares, Grayscale and Wisdomtree. As U.tode said, the Securities and Stock Exchange Authority has already approved the proposals of the above -mentioned companies. Although many analysts view it as a positive sign, approval is still unconfirmed. SEC’s decision on the GrayScale application is expected to be October 18. Meanwhile, he also provided unique XRP ETF products, as one of them allowed investors to bet against the distinctive symbol price. At the time of the press, XRP changes hands at $ 2.16, with an increase of 4.13 % over the past 24 hours, according to CoinmarketCAP data.
$ 2 billion Cardano (ADA) in 24 hours: What happens?
Data provided by Coinmarketcap shows that within the previous 24 hours, Cardano trading activity It saw an increaseWith the trading volume of two billion dollars in the same time frame. This rise in trading volume points to renew the interest in assets, as traders benefit from the recent decline in the re -insertion of the market. After five consecutive days of declines, the price of Cardano recovered a little on Tuesday, where support was found near $ 0.647. At the time of the press, ADA is trading at $ 0.7240, an increase of 1.01 % over the past 24 hours, for each data from the above source. Despite this last height, technical indicators indicate constant declining pressure, as ADA decreased below the main intermediate averages during the sale. The next few days will be crucial in determining whether the last bounce is the beginning of the fresh upward trend or a short march.