Ether whale dumps $154M of ICO ETH, US court reboots HEX manipulation case against Binance

Bitcoin’s price may have stagnated in the past 24 hours, but the broader crypto market has been busy! For Bitcoin, the downward momentum appears to be weakening, which some believe indicates a reversal. A new report shows why the weekends are becoming so volatile, and the world’s largest Bitcoin miner is raising $250 million to buy more BTC. In other news, an Ether whale is dumping thousands of ETH worth over $150 million after holding it since its ICO, a Canadian crypto exchange founder was found to be using customer deposits to gamble with, and a US Court of Appeal has reversed the dismissal of the HEX manipulation case against Binance.US.Further reading:Why Bitcoin is still poised to break $74K before end of yearBitcoin risks ‘sharp weekend price swings’ as ETFs suck up liquidityWorld’s largest Bitcoin miner announces $250M raise to buy more BitcoinBitcoin miners record lowest daily revenue of 2024Whale continues $154M dumping spree with 5K ETH deposit to OKXWhale buys nearly $13M of Ether, but price needs to reclaim $2.7K for next leg upCanadian crypto exchange gambled away $9.5M of users’ Bitcoin and EtherUS Court of Appeals reboots HEX manipulation case against Binance.USSo, grab yourself a coffee, and let’s get into.Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.