Cryptocurrency market news has been buzzing lately, with numerous significant events and debates. The most striking development lately has been the movements in the portfolio of a well-known Bitcoin whale, often referred to as an OG, who has shown a strong shift towards Ethereum, creating a potential surge of profits showing his belief in the alternative crypto as a lucrative venture. This has not only caused ripples across the crypto community but also sparked speculation in a series of possible market impacts. On the other hand, the usual meme stocks like GameStop are still being closely watched as Bitcoin poses a greater influence on it. Other OG whales are also reported to slow down Bitcoin's price rise.
Galaxy Digital, an intermediary serving institutional and individual investors in digital assets, seemingly has become the apple of the OG whale's eye as it moves billions of BTC. Meanwhile, despite the sell-offs from the OG, BTC price hits record highs, proving the strength of the coin and its place in the market. North Korean hackers reportedly cashed out hundreds of millions from the ByBit hack.
In a significant development surrounding controversial figure Donald Trump, a Trump-backed WLFI token has been officially launched on crypto exchanges. While
BlackRock has been buying Bitcoins quietly and accumulated a substantial percentage, Trumpβs seemingly controversial dealings with cryptocurrency, including a loose rules approach and launching his meme coin, raised eyebrows. Questions arising from the whale's sudden exit brought renewed discussions on
Bitcoin's future direction.
OG Coin News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Mon, 08 Sep 2025 20:25:09 GMT -
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