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Ether (ETH), the cryptocurrency that powers smart-contract-enabled Ethereum blockchain, hit its highest levels since last August on Tuesday close to $1,900, despite the network’s upcoming Shanghai upgrade that some have warned might trigger a price drop amid a “sell-the-news” event.
An official from the Seoul Southern District Prosecutor’s Office claimed that Shin had sent a “large variety” of coins to “overseas exchanges, including Binance.”
Exhibiting a consistently bullish stance on Bitcoin (BTC), Michael Saylor, the founder and executive chairman of software company MicroStrategy, has significantly expanded the firm’s crypto exposure through a recent substantial investment.
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