“These organizations try to keep price-affecting news confidential before release, but as with all organizations, it’s possible that insiders do trade confidential information or it’s leaked to other people that do,” Andrew Kang, co-founder of crypto investment firm Mechanism Capital, told CoinDesk. Source link … [Read more...] about Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions
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ABBC Coin, AAVE and Fantom (FTM) rally higher after partnership announcements
On April 29 Ether's (ETH) price rose to another all-time high, boosting its market capitalization to over $320 billion. With the recent rally, Ether’s market cap has overtaken platinum and PayPal to become the 32nd most valuable asset in the world, according to data from CompaniesMarketCap.Ether’s market dominance has risen from 10.79% at the start of the year to 15.4% … [Read more...] about ABBC Coin, AAVE and Fantom (FTM) rally higher after partnership announcements
$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
Optimism returned across the cryptocurrency market on March 17 following a brighter economic forecast from the U.S. Federal Reserve and comments which hinted at the possibility of an interest rate hike in 2022 if employment and economic indicators continue to improve. Data from Cointelegraph Markets and TradingView shows that Bitcoin struggled below the $57,000 level during … [Read more...] about $60K Bitcoin price back in sight after Morgan Stanley and Fed announcements