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Eyes on the markets on China: It will be announced on Tuesday The eyes will be in the markets, in China. According to the statement made today, a press conference will be held on Tuesday on policies that will promote economic growth. While the stimulus measures announced late last month brought significant movement in the markets, it is eagerly awaited what the statements to be made on Tuesday will be. Follow Us on Google News An important press conference will be held on Tuesday in China, which caused great movement in the markets, including cryptocurrencies, with the economic stimulus package it announced recently. The Information Office of the State Council of China announced today that journalists will be informed on Tuesday about policies that will promote economic growth. It was noted that the press conference will be attended by five senior economic officials, including the President of the National Development and Reform Commission, Zheng Shanjie. No other details were included in the statement. The stimulus measures announced late last month brought the largest increase in the Chinese stock market since 2008. Analysts predict that the increases will continue with the reopening of the markets after a one-week holiday.

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"Chubby finger" suspicion in PayPal's stable coin: It suddenly increased 5 times There was a remarkable voluation in the price of PayPal USD (PYUSD) in the evening. The price on the OKX exchange increased by 5 times in minutes and became 5 dollars. While the token was falling at the same speed, the "chubby finger" error came to mind. Follow Us on Google News PYUSD, PayPal's stablecoin equivalent to the US Dollar, came to the fore with a surprising price movement on the OKX exchange. PYUSD, which traded from 1 dollar at 21.50, increased by 400 percent in minutes to 5 dollars. After this fast exit, the token fell at the same speed and fell back to $1. During the price movement, the transaction volume of over 1 million dollars was realized. This sudden rise and fall brought to mind the possibility of a bug known as a “fat finger” in the market. It is thought that a false purchase order, especially in large quantities, may have increased the price so quickly. Such events can occur from time to time, especially in low-liid trading pairs or algorithmic trading platforms. However, this time, while PYUSD is expected to be a stablecoin and its price is generally expected to remain around 1 dollar, this sudden rise surprised investors.

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Buterin sold meme coins, including NEIRO Vitalik Buterin, co-founder of Ethereum, sold some meme coins sent to his wallet and converted it into 340 thousand dollars in ETH. Buterin donated a significant part of the ETH he obtained from here to a fund. Follow Us on Google News Vitalik Buterin, co-founder of Ethereum, sold some meme coins sent to his wallet for free. Buterin earned a total of 140 ETH worth 340 thousand dollars from these sales. Buterin, according to data compiled by Lookonchain; 11.76 billion MOODENG worth 51 thousand dollars, 71 million NEIRO worth 72 thousand dollars, 7.8 million DEGEN worth 61 thousand dollars, 16 billion KABO worth 55 thousand dollars, 101 thousand USDT worth 101 thousand dollars Sold. In his wallet; 50 billion MOODENG worth 1.4 million dollars, 70 million NEIRO worth 72 thousand dollars, 7.5 million DEGEN worth 57 thousand dollars It has. He donated 100 ETH The famous developer of Russian origin donated 100 ETH to a fund created to help Alexey Pertsev and Roman Storm's legal defense after the transactions. Pertsev and Storm, the developers of the Ethereum-based mixer application Tornado Cash, which serves to hide transactions, have been waiting for trial in prison for a long time. Buterin donated 30 ETH to the same fund in May.

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Is China going back to crypto? Signals are getting stronger After the claims that China will return to crypto, the signals began to strengthen in this direction. The latest statements made by a senior member of the Chinese Communist Party were interpreted as "China's approach is changing." Follow Us on Google News China may be looking for ways to step back from the cryptocurrency ban it introduced in 2021. After the allegations that China will lift this ban by the end of the year, positive signals have started to come in this direction in recent days. Recently, China's former deputy finance minister Zhu Guangyao said that Chinese authorities should reconsider their stances towards crypto. While describing cryptocurrencies as "a vital element for the development of the digital economy", Guangyao drew attention to the developments in the USA. Guangyao stated that the USA has started to embrace the sector and that China needs to keep up with this situation in order not to be left behind. “China's approach is changing” According to the US-based cryptocurrency exchange Coinbase, China's approach to crypto is changing. Coinbase's research analysts David Duong and David Han stated in their latest report that Guangyao is a senior party member and his comments are therefore important. “Due to the fact that Zhu Guangyao is a senior party member, we think these comments are meaningful and can give positive signals for this asset class,” the analysts commented. YOU MAY BE INTERESTED – Crypto demand in China is growing despite ban “

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The same Bitcoin whale reappeared the day the HBO trailer was released Shortly after Bitcoin's launch in 2009, it was determined that over $3 million BTCs issued through mining were transferred to the Kraken exchange on Thursday. This process also drew attention when it coincided with the day HBO released the documentary trailer about Satoshi Nakamoto. On the other hand, two weeks ago, another whale moved BTCs, which extended to January 2009, for the first time in 15 years and 7 months. Follow Us on Google News 10 days ago, the whale, which sent 5 BTC to the exchange, dating back 15 years, reappeared. This time, the transactions coincided with the day HBO released a documentary trailer with the claim that "we found Satoshi". According to the information shared by the blockchain analysis platform Arkham, the whale in question owns Bitcoins worth over $72.5 million. With its latest transactions, the cryptocurrency exchange transferred 3 million 580 thousand dollars of BTC to Kraken. The last BTCs it transferred were released a month after the day Bitcoin was launched. On the other hand, another whale transferred a total of 250 BTC from 5 separate wallets to new addresses two weeks ago. This wallet, which took action for the first time after 15 years and 7 months, was created in January 2009. At that time, Satoshi Nakamoto and his very limited environment knew about Bitcoin. Arkham asks the question: Why did these Bitcoin whale wallets from the early days suddenly start to wake up?

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