Ethereum

bullish

Bitcoin

Arkham

Golem

<ul>
 <li>Arkham Intelligence data draws attention to an interesting collection of ETH funds.</li>  
 <li>The Golem multi-signature address which raised 820k ETH in the 2016 ICO still holds ETH.</li>  
 <li>The address still holds almost $60 million worth of ETH bolstering positive sentiment for a new ETH ATH this bull cycle.</li> 
</ul>  
<p>Bitcoin (BTC) price is back <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">over the $60,000</a> price mark and altcoins continue to show bullish signals for <a href="https://cryptonewsland.com/bitcoins-golden-summer-approaches-historic-june-bottom-sets-the-stage-for-explosive-gains/" target="_blank" rel="noopener noreferrer nofollow">massive pumps during altseason</a>. While Bitcoin continues its sideways movement, expectations for BTC, ETH, and other major altcoins to set newer highs in the coming months continue to grow.</p>  
<p>Amid the steadily growing bullish sentiment, one popular crypto reporter notices another strong sign that could support the steady economic growth of Ether (ETH) price. The native token on the Ethereum network still has other factors that could support its climb in price.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/WuBlockchain/status/1826452552315273364
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-2016-ethereum-ico-still-standing-strong">2016 Ethereum ICO Still Standing Strong</h2>  
<p>As we can see from the post above the Golem multi-signature address 0x7d...6CF9, which raised 820,000 ETH in the ICO in 2016, transferred 4,000 ETH to Coinbase Deposit and Binance Deposit. Presently,&nbsp; this Golem multi-signature address still holds 22,834 ETH, worth about 59,810,000 million US dollars, according to <a href="https://platform.arkhamintelligence.com/explorer/address/0x7da82C7AB4771ff031b66538D2fB9b0B047f6CF9" target="_blank" rel="noopener noreferrer nofollow">Arkham Intelligence</a>.</p>  
<p>The responses to this on-chain data notification are a positive one from the online Twitter community. It shows that Ethereum has been very vigilant with its raised ICO guns and still has almost $60 million reserved in its Golem multi-signature address.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-new-eth-ath-this-bull-cycle-could-see-14-000-eth-price">New ETH ATH This Bull Cycle Could See $14,000 ETH Price</h2>  
<p>The price of Ethereum is expected to hit new highs this crypto bull cycle. In particular, one analyst known for his silver-tongued predictions, expects ETH to hit a new ATH target between <a href="https://cryptonewsland.com/14000-eth-ath-after-etf-launch/" target="_blank" rel="noopener noreferrer nofollow">$10,000 and $14,000</a>. However, he expects these targets to come into play only after Bitcoin (BTC) hits a new ATH at $80,000.&nbsp;</p>           
<p>The post <a href="https://cryptonewsland.com/22834-eth-worth-59-81m-2016-ico/" rel="noopener noreferrer nofollow">22,834 ETH Worth $59.81M Still Held on Golem Multi-Signature Address Which Raised 820,000 ETH in 2016 ICO</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

22,834 ETH Worth $59.81M Still Held on Golem Multi-Signature Address Which Raised 820,000 ETH in 2016 ICO

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