Bitcoin Whale Balance Decline: Implications And Causes

The substantial decline of -255k BTC in the aggregate Whale balance since 30 May is a significant event in the world of cryptocurrencies, particularly in Bitcoin. The monthly balance decrease of -148k BTC is unprecedented and raises several important points that warrant further investigation.

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Time To Remove Your Funds From This BIG Exchange? Draining Bitcoin Reserves and Troubled Waters

Huobi Global, one of the prominent cryptocurrency exchanges, is facing a concerning situation as its Bitcoin reserves dwindle and challenges loom ahead. The exchange’s Bitcoin balance has plummeted drastically since 2022, raising questions about its financial stability.

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Huobi Exchange Balances and Trading Dwindle, Will It be Next to Fall?

Huobi, a Seychelles-based cryptocurrency exchange, is facing a severe decline in reserves and trading volumes. Its Bitcoin balance has decreased by 93. 6% since 2022, and web traffic has dropped by 76% since March.

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Global liquidity tightens amid central banks’ balance sheet contraction: impact on S&P 500 and bitcoin

Quick Take Understanding global liquidity is crucial in financial analysis, as it provides insights into the available financial resources for investment. It comprises several components, including: Federal Reserve (Fed) Balance Sheet Reverse Repurchase Agreements (Reverse Repo) Treasury General Account (TGA) Fed Remittances Balance sheets of major central banks: Bank of Japan (BOJ), European Central Bank […] The post Global liquidity tightens amid central banks’ balance sheet contraction: impact on S&P 500 and bitcoin appeared first on CryptoSlate.

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Second-largest exchange balance Bitcoin drop of 2023

Quick Take This past Saturday, July 1, marked the year’s second-largest decline of Bitcoin from exchanges. Approximately 20,000 Bitcoin were withdrawn from exchange platforms, a substantial movement highlighting the intense activity within the crypto market.

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Bitcoin miners’ aggregate balances continue to grow despite recent flows to exchanges

Quick Take Recent conversations concerning Bitcoin miners have been dominated by the trend of miners moving their coins to various exchanges. However, it’s crucial not to overlook the core trend: the continuous growth in the aggregate balance of miners.

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Bitcoin: HODLers remain HODLing - is an uptrend on the way?

The total BTC balance across all exchanges equated to just 11.7% of the total circulating supply. The amount of BTC available for purchase hit all-time lows. Despite the gains made by BitcoiThe post Bitcoin: HODLers remain HODLing - is an uptrend on the way? appeared first on AMBCrypto.

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Bitcoin Cash's new listing and Asia's turn-up lands BCH here

The trading volume of BCH increased exponentially amid a new exchange listing and Asian participation. Balance on addresses rose, and so did the Open Interest. Bitcoin Cash [BCH] hit a dailyThe post Bitcoin Cash's new listing and Asia's turn-up lands BCH here appeared first on AMBCrypto.

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Longest streak of Bitcoin withdrawals surpassing deposits signals market shift

Tracking Bitcoin’s movement across exchanges is crucial to understanding market dynamics. The balance of Bitcoin on exchanges serves as a reliable barometer of market sentiment, providing invaluable insight into investor behavior and potential market shifts.

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First Mover Asia: Bitcoin Maintains $30K as ‘the Economy Isn’t Breaking Just Yet’

ALSO: Singapore ranked second in CoinDesk's Crypto Hubs survey. The city state raised billions through IPOs, weathered the collapse of homegrown darlings Terraform Labs and Three Arrows Capital and is now searching for the right regulatory balance to encourage crypto without getting burned again.

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Bitcoin’s exchange balance drops to 5-year low as price hits $30K

Since June 22, Bitcoin has been trading above the critical psychological level of $30,000. This price rally is a result of increased demand for the digital asset, a demand that is further exacerbated by the low availability of Bitcoin on exchanges.

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Bitcoin Future Hangs In The Balance: What To Expect In The Coming Weeks

Bitcoin, the leading cryptocurrency by market capitalization, seems to have entered a phase of consolidation above the $30,000 mark following a notable surge of over 10% on Tuesday.   While the price movement has generated a lot of interest among investors, it remains uncertain whether Bitcoin will maintain its upward momentum or experience a pullback in the coming days.

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Crypto Market Shakeup: Bitcoin and Ethereum Hit Record Lows on Exchanges!

The balance of Bitcoin ($BTC) on exchanges has recently hit a three-month low, dropping to 2,280,774. 911 BTC. This provides a snapshot of the current state of Bitcoin holdings on various exchanges.

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Bitcoin Balance on Exchanges Plunges

Dip follows regulatory lawsuits against Binance and Coinbase

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On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals

Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements are not significant compared to previous episodes or average daily outflows Bitcoin saw even less withdrawals, negligible amounts withdrawn from each exchange Coinbase’s lawsuit presents […] The post On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals appeared first on CoinJournal.

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Crypto Exchanges Start Offering BRC-20 Staking: What Are the Benefits?

BRC-20 staking is changing the crypto landscape, offering passive income and new opportunities. However, as Bitcoin evolves, it's crucial to balance innovation with preserving the integrity of the network.

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Bitcoin price hangs in the balance — Friday’s $2.26B BTC options could result in more downside

Bitcoin bears benefit from the current macroeconomic uncertainty and are aiming for a $270 million profit if the BTC price falls below $25,000.

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Mass exodus of Bitcoin: 2.3M BTC leaves exchanges as balance plummets below 12%

Quick Take Bitcoin exchange balance falls below 12%; this was first achieved at the beginning of 2023. We now see substantial coins leaving exchanges; the equivalent 12% is 2. 3 million Bitcoin. Binance holds roughly 3.

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Learning to strike a balance between Avorak AI and Bitcoin for portfolio space

With the expected crypto bull run and the increased interest in cryptocurrencies, many are looking to fit as much as they can in their portfolios to gain significant returns. Bitcoin (BTC) and Avorak AI (AVRK) have been listed among the best tokens for returns.

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Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1

Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate.

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Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low

Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance. This is the first time since February that the difficulty, which controls the issuance of coins on the network, has decreased.

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Number of Stablecoins Held on Exchanges Slips to 2-Year Low

While the stablecoin exchange balance has dropped 44% this year, bitcoin's price has rallied by 70%.

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As Bitcoin [BTC] emerges victorious amidst banking crisis, will it reclaim $30k

There was a sharp uptick in BTC's balance on Binance exchange. Over the last week, the king coin recorded gains of 7.34% although it struggled to break through $30,000. Bitcoin [BTC]'s netwoThe post As Bitcoin [BTC] emerges victorious amidst banking crisis, will it reclaim $30k appeared first on AMBCrypto.

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Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in 1 month

Binance is up over 50,000 BTC in a month, in sharp contrast to other major exchanges, while data suggests the market is going short BTC at $30,000.

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Bitcoin Is Winning in the “Revolt” Against the US Dollar

Bitcoin's rising prominence in the global financial landscape signals a potential shift in the balance of power, as the US dollar faces increasing challenges from rival currencies and digital assets.

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Investors accumulate DAI and other stablecoins amid BTC selloffs

Investors have begun augmenting their holdings in DAI and other top stablecoins amid the prevalent selloffs that have triggered a fall in bitcoin prices (BTC) and other assets. Consequently, the cumulative balance of addresses holding DAI has recently witnessed an…

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Tesla kept $184M Bitcoin balance in Q1 2023

Tesla’s Q1 earnings show that it maintained a consistent Bitcoin balance in the first quarter of the year. The company’s April 19 release shows it held $184 million of the digital asset in Q1 2023, as it did in Q4 2022.

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MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein

Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.

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Bitcoin adoption blamed for El Salvador’s negative foreign investment balances

Reports indicate that in 2022, El Salvador recorded a negative balance in foreign direct investment (FDI). Some blamed bitcoin, while others blamed the political issues.

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MicroStrategy now holds more Bitcoin than Mt. Gox’s balance

MicroStrategy acquired 1,045 Bitcoin (BTC) between March 24 and April 4 for about $29. 3 million in cash at an average price of $28,016 per BTC. This latest purchase brings the firm’s total Bitcoin holding to 140,000 BTC, which is more than that of the bankrupt crypto exchange Mt.

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Bitcoin price in “transition” even as non-zero balance addresses hit 45.4 million: Bitfinex report

The number of Bitcoin wallets with non-zero BTC balance recently hit a new all-time high of 45. 388 million. However, daily active addresses and daily confirmed transactions have fallen. Bitcoin price remains bullish but analysts urge caution as on-chain metrics indicate weakness amid renewed correlation with S&P 500.

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Least amount of Bitcoin on exchanges since the previous bull market top in December 2017

Key Takeaways The balance of Bitcoins on exchanges is in constant decline, now at the lowest point since December 2017  Meanwhile, long-term investors continue to hold, soaking up the supply Coins that have not been touched in 10 years now outnumber those held on exchanges  I wrote a piece last week on the exodus of […] The post Least amount of Bitcoin on exchanges since the previous bull market top in December 2017 appeared first on CoinJournal.

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Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows

Tether (USDT), bitcoin (BTC), ether (ETH), binance usd (BUSD) and bnb coin (BNB) make up around 81% of Binance’s total balance.

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Bitcoin Whale MicroStrategy Repays Silvergate Loan And Buys Another $150 Million Worth Of BTC

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Bitcoin rally & Fed’s distrust: $393 billion balance sheet expansion

The Federal Reserve’s recent $393 billion balance sheet expansion may be linked to the ongoing bitcoin price rally and a growing distrust in the traditional banking system. The Federal Reserve’s balance sheet has grown by an impressive $393 billion in…

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First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

ALSO: CoinDesk's market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers.

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MacroSlate Weekly: Bitcoin shines through banking failures, bailouts

Macro Highlights U.S inflation is too high for rate relief but mostly in line with expectations ECB raised a further 50bps taking their deposit facility rate to 3% Silicon Valley Bank files for chapter 11 bankruptcy Credit Suisse and First Republic Bank continue to be provided with liquidity Fed initiated stealth QE as balance sheet grows […] The post MacroSlate Weekly: Bitcoin shines through banking failures, bailouts appeared first on CryptoSlate.

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Bitcoin as an indicator for global liquidity, balance sheet growth

Quick Take Many narratives have been attached to Bitcoin, such as an inflation hedge, but one emerging since covid is a global liquidity indicator or the expansion/contraction of balance sheets. The post Bitcoin as an indicator for global liquidity, balance sheet growth appeared first on CryptoSlate.

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First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K

Since September 2021, the growth in cash assets in small bank balance sheets has turned negative.

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Bitcoin continues to follow the liquidity plus the aggregation of central bank balance sheets

Quick Take As the global world faces extreme inflation, central banks try to rein in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates. The post Bitcoin continues to follow the liquidity plus the aggregation of central bank balance sheets appeared first on CryptoSlate.

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Bitcoin is acting as a liquidity indicator for central bank balance sheets

Quick Take As the global world is facing extreme inflation, central banks are trying to reign in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates.

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How Does Orbeon Protocol (ORBN) Compare Against BTC And TRON?

Creating the perfect cryptocurrency portfolio is about balance—a combination of low-risk, low-return investments combined with higher-risk, higher-return alternatives. With Orbeon Protocol (ORBN), Bitcoin (BTC) and Tron (TRON), users have access to both.

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Bitcoin Exchange Balance hits 4-year low: How will this impact BTC?

Glassnode chart revealed that Bitcoin was experiencing a low exchange balance. The current downtrend might be indicative of a bull trend rather than a bear trend. After the FTX meltdown, BitThe post Bitcoin Exchange Balance hits 4-year low: How will this impact BTC? appeared first on AMBCrypto.

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First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K

A good portion of FTX's illiquid tokens can be found on the balance sheet of funds, including Sino Global and Multicoin Capital. FTX invested in these funds, and their names often appear alongside FTX as co-investors in projects.

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Bitcoin: Approaching 1M unique addresses holding at least 1 Bitcoin

Number of addresses with a balance of one or less Bitcoin is approaching one million addresses. The post Bitcoin: Approaching 1M unique addresses holding at least 1 Bitcoin appeared first on CryptoSlate.

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Bitcoin: This data clarifies whether investors should remain in fear or go all in

Investors remain terrified of trading BTC despite a possible bullish breakout. Altcoins dominated the market in the first week of 2023; although on-chain signals protected a BTC market balance.

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BTC price movement after El Salvador introduces Bitcoin education program for students

Bitcoin (BTC/USD) accumulation is nearing a new milestone as the supply redistribution is carrying on. The BTC balance of accumulation addresses is reaching all-time highs. Billionaire tech entrepreneur Mark Cuban is bullish on Bitcoin, and El Salvador begins educating students on Bitcoin.

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Питер Шифф рассказал, почему MicroStrategy инвестирует в биткоин

Компания MicroStrategy купила первую криптовалюту, чтобы избежать ликвидации. Об этом заявил президент Euro Pacific Capital Питер Шифф. For the first time I heard @saylor admit that adding #Bitcoin to the @MicroStrategy balance sheet was basically a Hail Mary to avoid liquidating the company.

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The Binance Black Box: Assessing Reserves And Liabilities

Binance's bitcoin balance sees its largest one-day outflow ever and the price legitimacy for the exchange-native BNB token is called into question.

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