Gopax
6 hours Crypto Highlights: XRP, DOGE, ETH, Binance, Market Trends Unfold
Whales are reportedly engaging in heavy shorting of major cryptocurrencies, including #XRP and #DOGE, ahead of a significant speech by Jerome Powell. This move indicates a strategic positioning by large investors anticipating market volatility. Meanwhile, South Korea has resumed its review of #Binance's acquisition of #Gopax after a two-year hiatus, signaling potential regulatory shifts.
In a notable development, BlackRock's clients have made substantial purchases of #Bitcoin, indicating continued institutional interest in the leading cryptocurrency. Additionally, #Ethereum has seen a significant uptick in buying activity, with #Bitmine amassing over 3 million ETH as part of a strategic dip-buying initiative. This accumulation reflects confidence in #Ethereum's long-term potential.
