The U.S. government has moved $12 million worth of Ethereum recently, sparking speculations of a selloff like the latest Bitcoin frenzy. This transfer at a crucial point with Spot Ethereum ETF S-1 approval awaited this month.

The S.BLOX crypto exchange will rebrand its services in the near future and collaborate with other subsidiaries of Sony Group to enhance sustainable growth.

On-chain data shows that large investors in the Bitcoin network have been buying while the market has been in a panic state about the latest crash.

Bitcoin billionaire and BitMEX co-founder Arthur Hayes explained the historical economic cycles and their implications for the current market environment in his latest blog post, arguing that the present economic landscape is characterized by a local cycle of inflation. That makes Bitcoin a superior safe-haven asset compared to gold due to its independence from national control.

The term HODL emerged from a 2013 message board post on the Bitcointalk forum as an errant misspelling. Since then, some traders have retroactively redefined HODL to mean “hold on [for] dear life.” This revisionism is what’s called a backronym, fitting words to an existing acronym to give it a similar or new meaning that wasn’t intended at the word’s origins.