Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: Trend Research has become one of Ethereum’s largest corporate whales after its latest purchase raised its holdings to 580,000 Ether (ETH), Anthony Pompliano argued Bitcoin’s dampened price means it won’t crash next year and the International Monetary Fund pressed El Salvador to sell its Chivo Bitcoin wallet.
Trend Research purchased 46,379 Ether on Wednesday to raise its holdings to about 580,000 ETH, making it larger than most public Ethereum treasuries tracked by CoinGecko.
Only two listed companies, SharpLink Gaming and BitMine Immersion Technologies, currently report bigger ETH balances, with 859,853 ETH and 4,066,062 ETH, respectively.
