Bitcoin Exchanges See Three Straight Months Of Withdrawals For First Time Ever

On-chain data shows exchanges have seen net Bitcoin withdrawals during the past three months, the longest streak in the asset’s history. Exchanges See Bitcoin Withdrawals Exceed Deposits For Three Consecutive Months An analyst on X explained that the total number of Bitcoin exchange withdrawals has been more than the deposits recently.

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Bitcoin holders resist exchanges as data points to potential price surge

Quick Take Recent statistics indicate a significant trend in the Bitcoin market, particularly a growing difference in transactions related to exchanges, specifically deposits and withdrawals. The data shows that Bitcoin withdrawals are around 55,000, surpassing the deposit count of approximately 44,000.

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The aftermath of the ftx exchange collapse reshapes Bitcoin deposits, withdrawals

Quick Take The downfall of the FTX exchange in November 2022, led by Sam Bankman-Fried, marked a pivotal point in the landscape of Bitcoin deposits and withdrawals. The incident led to a drop in Bitcoin price below $16,000, the lowest point in that cycle.

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Bitcoin’s ‘Great Accumulation,’ Binance.US resumes fiat withdrawals, and other news: Hodler’s Digest, June 18-24

Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation.

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More 'forced selling' ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever

The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend.

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Robinhood Enabling On-Chain And Lightning Withdrawals For Bitcoin

After four years of allowing users to trade cryptocurrencies, Robinhood is launching its wallet and will begin to enable bitcoin withdrawals.

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Bitcoin Sheds $1,000 in Pre-Thanksgiving Dip as OKEx Withdrawals Commence

After stopping short of reaching its all-time high (ATH), the Bitcoin price saw a sudden $1,000 drop. The price action coincides with major crypto exchange OKEx resuming withdrawals after a one-month imbroglio.

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This Key Metric Suggests Bitcoin Investors Are Starting to Get Greedy

Bitcoin has undergone a strong surge since the lows seen when OKEx announced it had frozen withdrawals. In the past 30 days alone, BTC has gained more than 40%, shocking most investors. Key on-chain trends show that Bitcoin investors are starting to become “greedy.

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Huobi reassures users amid large USDT and Bitcoin transfers

Amid rumours of Huobi’s exec arrest and speculations arising from large USDT deposits and BTC withdrawals, the Singapore-based crypto company said in a statement today that it was “operating normaThe post Huobi reassures users amid large USDT and Bitcoin transfers appeared first on AMBCrypto.

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Bitcoin Shrugging Off Stimulus and Election Fears is a Sign of a Bull Market

Bitcoin has undergone a strong rally over the past two weeks. Since the news broke that OKEx has restricted withdrawals, the cryptocurrency has gained approximately 25%, recently peaking at $14,100 on Saturday morning.

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OKEx, Still Paralyzed by Founder’s Arrest, Details Plans for Bitcoin Cash Hard Fork

While cryptocurrency withdrawals on OKEx remains suspended, the exchange is detailing its plans for the scheduled Bitcoin Cash fork in November.

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Trader Who Called 20% September Drop: Bitcoin Likely to Continue Rally

Bitcoin has undergone a strong rally over the past week, even after news that OKEx had blocked withdrawals. The coin trades for $13,150 as of this article’s writing, which is just shy of the weekly highs.

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Kraken Relaunches Crypto Trading in Japan Following Two-Year Hiatus

After a two-year break, U. S. cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan. In an Oct 22 blog post, the exchange announced it had launched spot trading for five major cryptocurrencies, domestic JPY currency deposits and withdrawals, and crypto deposits in Bitcoin, Ethereum, and a few other well-known cryptocurrencies.

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This signal hints Bitcoin price could skyrocket past $20,000 within three months

Quite a number of fundamental signals have suggested that Bitcoin is steering in a very volatile direction in the coming weeks, some technical pointer has as well, and the most recent of it was Okex suspending withdrawals.

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4 Crucial On-Chain Trends Show That Bitcoin’s Trend Is Bullish

Bitcoin has dropped over the past few days after news revealed that OKEx had frozen withdrawals. The price of the leading cryptocurrency slipped from $11,750 to $11,450 where it is now. The leading cryptocurrency is primed to appreciate in the long run despite short-term weakness.

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“Exchange FUD” Narrative That Haunted Bitcoin May Finally Be Dead: Analyst

Bitcoin’s price took a slight dip late last week when it was revealed that OKEx had frozen withdrawals. The exchange did so as one of its key holders went silent as he was cooperating with a public security bureau.

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Bitcoin Miners Generating BTC at Fast Pace & ‘Running Down Inventory’ Just as Hard

Bitcoin started this week on a bullish note, reaching above $11,700 only to drop to nearly $11,200 level on Friday after crypto exchange OKEx announced that cryptocurrency withdrawals had been suspended.

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"DeFi can solve this" or is it too soon to tell?

Bitcoin took a 3% hit as OKEx announced the temporary suspension of crypto withdrawals on 16 October. Reports state that the exchange is being investigated by the Chinese police, however, the nature oThe post "DeFi can solve this" or is it too soon to tell? appeared first on AMBCrypto.

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OKEx sees massive Bitcoin (BTC) deposit after freezing withdrawals

Recently, major crypto exchange OKEx announced that all withdrawals will be frozen for the time being, meaning that all of the money that enters the exchange will be stuck there until further notice.

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Raoul Pal Reckons Bitcoin Hitting $1 Million By 2025 Is ‘About Right’. Here’s Why

The bitcoin price is facing significant headwinds in the short-term after stimulus relief talks in Washington hit a deadlock. The top cryptocurrency is also trying to fend off the news about the OKEx crypto exchange suddenly pausing withdrawals.

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Did Someone Withdraw $96 Mln Worth of Bitcoin from OKEx? CEO Jay Hao Has the Answer

OKEx CEO Jay Hao explains questionable Bitcoin withdrawals from the exchange

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Bitcoin drops 3% after OKEx suspends all withdrawals

Major crypto exchange OKEx said it could not get in touch with one of...

The post Bitcoin drops 3% after OKEx suspends all withdrawals appeared first on Coin Journal.

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On-Chain Data Finds OKEx Holds $2.3 Billion Worth of Bitcoin

According to the researchers at Glassnode, OKEx holds $2. 3 billion worth of Bitcoin. The report comes after the exchange temporarily suspended withdrawals on October 16. In a public statement, OKEx said that one of the persons holding a private key to the exchange’s wallet is cooperating with investigators.

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$22M in Bitcoin moves from Huobi to OKEx despite withdrawal freeze

Someone is pouring Bitcoin to OKEx despite the exchange having suspended withdrawals.

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Analyst Who Called 2018’s Bottom Says Bitcoin Will Soon Move Towards $12k

Bitcoin has stalled over the past few hours. The cryptocurrency currently trades for $11,300, far above last week’s lows but below the highs of $11,750. Bitcoin is down 2% in the past 24 hours after news revealed that OKEx has frozen withdrawals for the time being.

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$2,263,380,000 in Bitcoin Held in OKEx Wallets, Research Says, while Founder Detained by Police

The OKEx exchange that has suspended withdrawals holds 200,000 BTC in its wallets, meanwhile its founder has allegedly been detained by the police in China

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Bitcoin Crumbles On OKEx Suspending Withdrawals Indefinitely

Major Chinese cryptocurrency exchange OKEx suspended withdrawals indefinitely, revealing in a statement that one of its key holders has not been available because they are “currently cooperating with a public security bureau in investigations”.

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Bitcoin Falls as OKex Suspends Withdrawals

OKex, one of the biggest crypto exchange has suspended withdrawals because they have lost touch with one of the private key holders, the exchange said at 1PM Shanghai time this...

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Bitcoin Dumps as OKEx Suspends Crypto Withdrawals, Founder ‘Out of Touch’

Bitcoin (BTC) and crypto markets shuddered earlier on Oct. 16 as one of the largest exchanges in the industry suspended withdrawals with no prior warning. On Oct. 16, crypto exchange OKEx tweeted that cryptocurrency withdrawals were suspended sending a shockwave throughout the ecosystem.

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Bitcoin Price Just Dove $300 After OKEx Froze Withdrawals: Here’s Why

Bitcoin has rapidly corrected lower in the past hour. In the span of thirty minutes earlier this hour, the leading cryptocurrency slid from $11,520 to a low near $11,200. Bitcoin has since recovered to $11,275 as buyers have stepped in at those pivotal lows, an important region of technical support. The cryptocurrency is down 2% […]

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BREAKING: Bitcoin Tanking as OKEx Suspends Withdrawals Due to Police Investigation

Authorities are investigating OKEx as it suspends withdrawals

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KuCoin Exchange Reopens Bitcoin, Ethereum Withdrawals After $281M Hack

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Markets Disaster: Nearly 40,000 BTC Withdrawn From BitMEX

Leading Bitcoin derivatives exchange BitMEX has lost close to 40,000 BTC in rushed withdrawals following the recent indictment of its founders, including CEO Arthur Hayes, by the Commodities Futures Trading Commission (CFTC).

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BitMEX Moves $337M in Bitcoin Ahead of First User Withdrawals Since US Charges

Bitcoin outflows from prominent crypto derivatives exchange BitMEX are already up in the wake of charges from U.S. regulators announced Thursday.

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Winklevoss-Backed Gemini Exchange Rolls Out Zcash (ZEC) Shielded-Address Withdrawals For Transaction Privacy

A blog post on crypto exchange Gemini confirmed privacy-enabled Zcash (ZEC) users can now withdraw their tokens to private addresses instead of transparent addresses. Zcash provides users with a blockchain similar to Bitcoin but with added options to hide user data and transactions through the use of zero-knowledge proofs (ZKPs).

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Millions in Bitcoin, Ethereum, & Tokens Hacked From KuCoin Will Be “Covered”

On Friday afternoon, a number of Twitter users began to notice large withdrawals of Ethereum and ERC-20 tokens from Kucoin’s designated addresses. In the span of about thirty minutes, about $150m worth of ETH  tokens left the wallets marked “Kucoin” and “Kucoin 2” on Etherscan.

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В Канаде начала работу первая регулируемая криптовалютная биржа

Поддерживаемая братьями Уинклвоссами Wealthsimple Crypto получила статус первой регулируемой криптобиржи Канады. Во вторник, 22 сентября, платформа запустила торги для всех жителей страны. Wealthsimple Crypto is the simplest way to trade Bitcoin and Ethereum and now the wait is over! Get access to: ✔️ Canada's first regulated crypto platform ✔️ Simple, transparent pricing ✔️ No minimums or fees for deposits or withdrawals — Wealthsimple (@Wealthsimple) September 22, 2020 Пользователи могут торговать BTC и ETH через мобильное приложение Wealthsimple Crypto.

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Bitcoin Exchanges Report Massive Withdrawals as Price Eyes $12K-Retest

The amount of Bitcoin tokens held across all cryptocurrency exchanges dropped dramatically earlier this week. Traders withdrew over 110,000 BTC on August 3 – a day after the BTC/USD rate plunged from $12,000 to as low as $10,500.

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ESPN Announces Online Gaming That Allows Bitcoin Deposits and Withdrawals

ESPN Global has announced the launch of a blockchain-powered gaming platform, which will allow competitors to deposit and withdraw using bitcoin and other cryptocurrencies through Cryptopay. The platform is also integrating an online treasure hunt, Satoshi’s Treasure, with $1 million worth of bitcoin to be split among 1000 winners.

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ESPN Global to Launch Blockchain Gaming Platform with Support for Bitcoin Payments

ESPN Global has integrated online gaming with blockchain technology to launch a gaming platform that enables individuals to earn cash by winning battles and tournaments. The soon-to-be-launched gaming platform will also allow players to make deposits and withdrawals using bitcoin (BTC), according to a press release issued on July 23, 2020.

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Why The Plunging Exchange Withdrawals Value Indicates The Start Of An Exponential Bull Run For Bitcoin

While Bitcoin has been characterized by the lack of any volatility throughout the past two months, it is said to gain former shape in the nearest future. The clear indicator of it is the falling withdrawal rate, according to the CEO of the blockchain data firm, CryptoQuant.

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20,000 BTC Withdrawn From Coinbase as Major Outflow Hits Exchanges

More Bitcoin withdrawals have hit top cryptocurrency exchanges in the last 24 hours, data from Glassnode shows. More than 20,000 BTC worth $183 million have been withdrawn from one of the top exchanges.

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Bitcoin Whales’ Exchange Withdrawals Hint at 5-Digit Prices in July

Price performance tends to flip bullish four months after peak whale withdrawals from exchanges — and the next cycle is almost here, data shows.

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PnxBet Offer Instant Crypto Transactions, and Payout $42 Million in Winnings Since Launch

Bitcoin Press Release: Pnxet now offers instant cryptocurrency deposits and withdrawals for its users. The eSports pioneer and sportsbook has also hit multiple company milestones this year and paid out over $40 million to its users.

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After Bitcoin’s near 50 percent drop in March, exchanges lost institutional volume and reveal over 100,000 BTC withdrawals

Cryptocurrency exchanges and retail traders alike felt the effects of Bitcoin’s sudden fall in March 2020. While the latter may have lost significant capital on long positions, the drop has compelled exchanges to exist in an institution-less and low-volume environment.

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Crypto exchanges record massive Bitcoin withdrawals as investors move into long-term holding

Crypto exchanges are witnessing dwindling Bitcoin volumes as investors continue to withdraw their coins. The trend has persisted since January with multiple exchanges recording substantial declines in the number of bitcoins held for their clients.

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Bitcoin Withdrawals of More Than $66M Moved Away From Exchanges

Large withdrawals from exchanges are being recorded today that may offset the potential for a future sell-off. Tracking the movement of whale wallets can often be used as an indicator for general market sentiment.

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Tether's on-chain withdrawals spikes; what does this mean for Bitcoin?

Over the past couple of weeks, popular stablecoins such as Tether [USDT] have seen strong accumulation. It was the stablecoins that benefitted the most as the market reeled downward. Following the The post Tether's on-chain withdrawals spikes; what does this mean for Bitcoin? appeared first on AMBCrypto.

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Bitcoin Exchange Outflows Hit 8-Month High, HODL’ing Soars

Bitcoin adopters seem eager to hold their own coins as withdrawals now outpace deposits on exchanges. This cryptocurrency outflow reflects the growing unease about the state of the global economy, as well as the stability of the crypto space.

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