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Ethereum (ETH) has made a remarkable leap, breaking through the $4,000 barrier. This surge is fueled by a confluence of factors, including heightened participation among short-term holders and excitement surrounding imminent upgrades.
Crypto Price Prediction: So far in 2024, Bitcoin has been the main focus of crypto investors likely attributed to the first-time launch of Spot BTC ETF. The US SEC's green light for 11 new ETFs in January sparked a substantial influx of capital from the traditional market, significantly fueling the surge that propelled Bitcoin to
Ethereum (ETH)'s highly anticipated Dencun upgrade, scheduled for March 13, is poised to be a landmark event for the network.
OP, TAO, STX, MNT and other altcoin charts flash bullish signs as Bitcoin attempts to recapture the $70,000 level.
The Optimism Foundation recently conducted a private token sale, where they sold approximately 19.5 million OP tokens, equivalent to roughly $90 million, to an undisclosed buyer.
The latest private sale from the Optimism Foundation has drawn different reactions because of the manner of the sale.
Optimism Foundation raises transparency concerns after offloading millions of OP tokens in a private sale.
TL;DR Optimism Foundation has sold 19.5 million OP tokens to an undisclosed buyer for $89 million. The tokens will be locked for two years. The sale could have a positive impact on the OP token price in the long term by reducing the available supply.
Optimism Foundation sells $90M worth of governance tokens in a private deal with a two-year vesting period, sparking transparency concerns within the community.
The Optimism Foundation said it entered into a private token sale of approximately 19.5M OP tokens, worth roughly $90 million, to an unnamed buyer, according to a Mar. 8 statement.
Optimism also sold 116 million OP tokens in another private sale held back in September 2023.
The Optimism Foundation has conducted a private sale of 19.5 million OP tokens worth nearly $90 million to an undisclosed buyer, with the tokens subject to a two-year lockup period
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital.
Apart from the buyer's identity, The Optimism Foundation has also not disclosed the terms or the private sale.
The tokens have been sold to an undisclosed buyer and will be vested for two years.
The Optimism Foundation has announced it entered a private sale for approximately 19.5 million OP tokens. OP is the native governance token of the Optimism L2 blockchain. According to an announcement, the OP tokens currently worth about $89 million will be moved in coming days.
Optimism Foundation decided to sell 19.5 million OP tokens, which are part of its ‘original working budget of 30% of the initial OP token supply.
Optimism Foundation announces a private sale of 19.5 million OP tokens, initiating a two-year lockup period for governance participation, amid a positive market trajectory.
Optimism Foundation announced that it is privately selling roughly 19.5 million governance tokens — worth more than $89 million at current prices.
All Optimism addresses were in a profitable state at press time for the first time in history.
The token has seen a 44% increase in the past month and an 82% yearly rise, with a 24-hour volume of $782 million.
In the Layer 2 realm, Arbitrum and Optimism face corrections.
Whether you're considering a similar move or simply diversifying your portfolio, these alternative cryptocurrencies have the potential to yield significant gains in the coming weeks. Bitcoin Surpasses $64,000: Driving the Crypto Market Surge Recently, the cryptocurrency market witnessed a remarkable upswing, surpassing the significant milestone of $2.5 trillion in total valuation.
The Delta hardfork, deployed across Optimism-based chains like Optimism Mainnet, Zora and Base last week, has successfully reduced fees as anticipated.
