Crypto market news today: Why Rocket Pool is down 17.1% in last 24 hours as Bitcoin moves -2.1%
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City AM
City AM
By James Davies The value of Rocket Pool has slumped 17.1% in the past 24 hours as fears of insider trading coincide with the announcement of the currency’s listing on crypto exchange Binance. Just 10 minutes prior to the announcement, an unknown wallet holder bought 6,193.46 RPL tokens, selling them immediately after the announcement and raking in $55,400 profit. The rapid scooping up and offloading of the currency saw its value suffer wildly and prompted calls for investigation. Binance keeps a close eye on insider trading, with the company claiming that all employees are bound by a 90-day h…