Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 11975
Mercata: 92589
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Mercato
24h Vol
11975
Cryptocurrencies
54.28%
Bitcoin Condividere
Cryptopolitan 2024-12-24 08:42:21

Cosmos Network developers transfer dormant 295.3 BTC raised through ICO in 2017

Cosmos Network developers transfer dormant 295.3 BTC raised through ICO in 2017

Cosmos Network developers have made significant moves with their crypto holdings, transferring 295.3 Bitcoin (BTC), valued at approximately $27.7 million, from funds raised during their 2017 Initial Coin Offering (ICO). This marks the first transfer of Bitcoin by the team in nearly two years, according to blockchain analyst Yu Jin. Cosmos Network conducted its ICO in April 2017, raising about $17 million in contributions comprising 4,882.7 BTC and 246,891 Ethereum (ETH). Over the years, the value of these assets has surged exponentially. Yu Jin noted that these recent sales and transfers likely stem from the funds raised during the ICO, where significant contributions in Bitcoin and Ethereum were received. Owing to the recent market bull run that saw BTC reach new highs, its holdings significantly increased in value. According to Yu Jin’s analysis, the unsold portion of these holdings, combined with previously liquidated amounts, transformed the initial $17 million into a staggering $213.1 million. Cosmos Bitcoin and Ethereum transactions in 2024 Since the 2017 ICO, Cosmos developers have transferred a total of 4,786 BTC and 229,703 ETH. Despite these recent transfers, they still retain 96.4 BTC and 17,188 ETH, currently valued at $67 million. The steep appreciation of BTC and ETH over the years has significantly amplified the value of the unsold assets. Cosmos Network crypto movements – Source: X The latest Bitcoin transfer adds to a series of high-value sales made by Cosmos developers this year. In October 2024, Interchain Foundation, the team behind Cosmos, sold 4,000 ETH for $9.5 million. Between April and October 2024, the foundation sold a total of 15,100 ETH, valued at $37.09 million. These transactions have brought this year’s total sales to 21,600 ETH and 295.3 BTC, amounting to $78.67 million. Like the broader crypto market, Cosmos’ native token (ATOM) is having a tough December, dropping 24% in the last 30 days. At press time, per CoinGecko data , ATOM is changing hands at $6.79, a 6.6% uptick from its values 24 hours ago. Bitcoin price short-term struggle prompts investors to cash out on gains Bitcoin’s price is currently facing some struggles, decelerating downwards from a 6-day high of $99,000 to trading just above $93,000, according to recent updates from CoinGecko. The recent price consolidation phase could have prompted whales like Cosmos to sell, which may increase the selling pressure even further. Bitcoin’s struggling price – Source: TradingView Bitcoin remained above the $92,000 mark last Friday, offering some relief to the market over the weekend. However, the $100,000 level continues to present a significant challenge for buyers. The crypto remapped its support near $93,000 today, climbing briefly to $96,000 before facing rejection. It has since retreated to the $93,500 level, shedding at least $1,000 in value. While bullish interest persists, momentum remains limited. If bulls regain control, Bitcoin could attempt another rally past $100,000. Sustained gains above this level may bolster the ongoing bullish trend within its ascending channel, though it risks entering overbought territory. Conversely, a breakdown from this channel could lead to a sharper decline in the coming days, potentially testing six-week lows before any meaningful recovery. From Zero to Web3 Pro: Your 90-Day Career Launch Plan

La maggior parte ha letto le notizie



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Mercato
24h Vol
54.28%
Bitcoin Condividere
236
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta