↝ OG Coin: A Comprehensive Look at Trends and Developments
Ripple's CEO criticizes Wall Street banks for opposing Fed master accounts for crypto. Crypto OG Roger Ver settles US tax charges with a $50M...
In an eventful series of events, notable Bitcoin 'original gangster' (OG) has reportedly profited from Trump's China tariffs and is now holding a whopping $234M Bitcoin short position. This comes as the OG increases his short position to $227M, signaling a potential major market correction. An OG Bitcoin whale has also placed $900 million against a market rally and has moved 40,000 BTC, worth about $4.75 billion, to a new address amid speculation of upcoming sales.
Coinbase makes significant strides by acquiring Echo, aiming to unlock the future of onchain capital formation, and by purchasing Cobie's podcast and investment firm, Echo, for $375M. Echo provides critical market insights into Bitcoin, Ethereum, and other altcoins. Meanwhile, OG Coin saw a surge while Bitcoin held its position at $112K. An OG Bitcoin wallet dormant since 2011 awakened, moving 3,962 BTC valued over $460M.
Prominent Bitcoin advocate, Michael Saylor, suggests Bitcoin is forming a foundation as OG hodlers exit, and big money prepares for a move. As the crypto market experiences dynamic shifts, an OG Bitcoiner sells off his BTC for a house, stirring debate within the crypto community. Some OG Bitcoiners are rotating out, but analysts say it's a healthy movement.
Finally, the U.S. Treasury explores minting a $1 Trump coin. An OG whale has reportedly unloaded $330M BTC for an Ethereum position highlighting a potential altseason. A new $2 billion Bitcoin purchase exhibits how crypto is replacing real estate at the heart of Trump's business empire. Nonetheless, the Bitcoin OG who recently moved to Ethereum may be linked to Trend Research's Yi Lihua.
OG Coin News Analytics from Fri, 15 Nov 2024 08:00:00 GMT to Wed, 22 Oct 2025 04:41:09 GMT - Rating 5 - Innovation 8 - Information 9 - Rumor -6