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ForkLog Hub resident Pavel Gromov, also known as the “Chief by crypto”, tells about the PlusToken pyramid laundering scheme and the impact of massive sales on the price of the first cryptocurrency. In the light of the current collapse and movements on PlusToken wallets, the topic is extremely relevant.
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AMC on Thursday filed to sell 11.6 million shares at market prices. The meme stock — which nearly doubled on Wednesday — fell on the news.
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The last few times Nikolaos Panigirtzoglou witnessed such negative price action in Bitcoin, buyers returned in time to prevent deeper slumps. This time, the JPMorgan Chase & Co. strategist is worried.
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