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The U.S. Government made another sizable crypto move on Tuesday, October 14, transferring 667.6 Bitcoin (BTC), worth nearly $75 million, to two new addresses, according to data Finbold retrieved from Arkham . As historical data suggests transfers such as this often precede sales, the market is speculating that the U.S Government address might soon start dumping the crypto. What’s more, the move comes just days after the president’s exposure to Bitcoin was estimated to be around $870 million and mere hours before Federal Reserve Chair Jerome Powell’s speech at 4:20 PM (UTC). U.S. Government crypto transfers. Source: Arkham Bitcoin falls to $110,000 Further adding to the speculation, the alleged insider whale responsible for the flash crash last Friday has ramped up his short position to over $500 million, anticipating further market declines. In the meantime, rumors of a potential $1 billion dump by BlackRock started circulating, although a closer look at th...

A cryptocurrency trading expert has identified a key level that could confirm Ethereum’s (ETH) bullish momentum, as whales continue to accumulate the second-largest digital asset by market cap. According to Ali Martinez, Ethereum must decisively break above the $4,100 resistance level to trigger its next major rally, as he noted in an X post on July 29. The Analysis is based on the weekly chart, where the asset has shown a strong recovery from its lows around $1,500 earlier this year. Recent candles indicate a steady climb above key support zones at $2,200 and $3,300. ETH price analysis chart. Source: TradingView Currently, ETH is trading just below the critical $4,100 level, which has previously acted as a point of rejection. As per the outlook, a confirmed breakout and close above this zone could pave the way toward $5,000 and beyond. The Analysis projects a period of sideways consolidation just under $4,100 before an anticipated breakout, aligning with a b...