Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report

A recent analysis by crypto exchange Bybit has sounded the alarm on a potential shortage of Bitcoin (BTC) on exchanges by the end of 2024 if demand remains at similar levels. The report predicts that reserves could be entirely depleted within the next nine months if current withdrawal rates persist — currently around 7000 BTC […] The post Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report appeared first on CryptoSlate. дальше »

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Litecoin Whales Sold Coins Worth $27M In August: Is LTC Price in Danger?

Litecoin whales depleted their holdings considerably in August. Is LTC price in danger of dropping below $60? The post Litecoin Whales Sold Coins Worth $27M In August: Is LTC Price in Danger? appeared first on BeInCrypto. дальше »

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Several exchanges show alarming fall in Bitcoin holdings

Quick Take Recent data analysis reveals a precipitous decline in Bitcoin reserves housed by several prominent exchanges, which potentially signals their risk of being depleted. Glassnode estimates that there are approximately 2. дальше »

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US Treasury General Account dwindles to critical levels with less than $50B remaining

Quick Take The U. S. Treasury General Account (TGA) continues to be depleted; as of May 24, it had just $49 billion left in its coffers. This is the lowest number in the account since 2017 when the balance fell to around $23 billion. дальше »

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Debt ceiling concerns may impact cryptocurrency market as treasury balance plunges

Quick Take Concerns continue to build around the debt ceiling negotiations. President Biden is insisting on an unconditional debt-ceiling increase. This week, a meeting will occur between President Biden and congressional leaders around the concerns of the Treasury balance remaining depleted. дальше »

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Stablecoin Market Share Dwindles As USDC And BUSD Supply Deplete

The top 4 stablecoin valuations have declined significantly since this year. USDC and BUSD supply has depleted by $31 billion, pushing down the overall stablecoin market share.   In addition, the top 4 stablecoins’ market capitalization has dropped by 23% from a peak of $161 billion per Glassnode’s report. дальше »

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Bitcoin exchange supply maintains the drop, but will BTC’s resurgence change its fortune

Supply on centralized exchanges remains depleted despite an increase in Bitcoin network activity. Bulls might need to keep a cool head as 30-day SMA addresses had not finalized surpassing the 3The post Bitcoin exchange supply maintains the drop, but will BTC’s resurgence change its fortune appeared first on AMBCrypto. дальше »

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Bitcoin, Ether, And Dogecoin Deep In A Volatility Slumber — Explosive Moves in The Offing?

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Core Scientific in 'substantial doubt' of continuing without more cash

The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments. дальше »

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Public Miner Capitulation Takes Shape With Core Scientific On The Ropes

Miner capitulation is here. Core Scientific talks about potential bankruptcy, highlighting that cash resources will be depleted by the end of the year. дальше »

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Solana Zoomed Up By 20% In A Week, This Could Be The Next Target

Solana had witnessed strong bullish force in the past seven days, however, the bulls lost steam at the time of writing. Over the last 24 hours, the coin depleted by 9%. The current support level for SOL stood at $38. дальше »

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One man’s loss: See which altcoins “compensated” staggering BTC losses

Image source: Dune Analytics Yesterday, it was a bloodbath on the cryptocurrency market. A chain of dynamic events ultimately depleted $410 billion in market value and caused long position liquidations in the amount of $3 billion. дальше »

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Splinterlands Blockchain-Backed Game Announces Sell Out Of 1.5M Untamed Edition Booster Packs

Splinterlands, a blockchain-based collectible card game, has just announced that its Untamed Edition booster packs are completely sold out. The edition offered a total of 1. 5 million NFT packs each at $2, all of which were depleted by Friday, June 11. дальше »

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Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened

Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like bitcoin, ethereum and tether have depleted considerably during the last ten days. дальше »

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Bitcoin's price surge has depleted long-term hodlings

A week ago, Bitcoin dropped by 8 percent in an hour, minutes after it surged over $12,000 for the first time in 14 months. On August 2, between 0400 to 0500 UTC dropped from $12,000 to under $11,000 aThe post Bitcoin's price surge has depleted long-term hodlings appeared first on AMBCrypto. дальше »

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Appetite for Crypto Assets Could Grow as PBOC Announces Easing

The crypto market is off to a bad start this week. But that has not depleted its possibilities of registering a big fat rebound thanks to Beijing. The People’s Bank of China announced that it is slashing down interest rates on its medium-term loans – from 3. дальше »

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Litecoin Foundation partners with Film Festival amid ‘depleted funds’ allegations

Litecoin Foundation recently revealed its partnership with the San Diego International Film Festival. Through this collaboration, the foundation will provide audience with LTCs which is expected to be used to vote for the films nominated in the forthcoming film festival. дальше »

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Litecoin Foundation trying to generate revenue to be self-sustaining: Xinxi Wang

“No, @LTCFoundation won’t be bankrupted. ” Litecoin Foundation’s Co-founder, Xinxi Wang, took to Twitter to address the controversy that has been making the rounds since the release of the Foundation’s audit of financial data posted by Reddit user u/Toyake. дальше »

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Mine Your Health; starts with mHealthcoin

“Time and health are two precious assets that we don’t recognize and appreciate until they have been depleted. ” – Denis Waitley Obviously, not all humans exercise regularly mostly due to lack of personal motivation, lack of time, and “distractions” of modern life. дальше »

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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power. дальше »

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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors

A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »

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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada

When it comes to bitcoin mining, Canada is a natural.  A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs. дальше »

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Binance Partners with Chainalysis to Stamp Out Money-Laundering

Nearly a decade after the arcane origins of cryptocurrency and skeptics would not yet have depleted their argument that the technology is an A-grade digital detergent for money-laundering. In a bid to tackle the age-old assertion, however, Binance has joined with crypto compliance and investigation provider Chainalysis to keep its transcontinental ecosystem squeaky clean. дальше »

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U Network Blockchain Protocol’s UUU Coin ICO Runs out of Tokens After $8 Million Airdrop

Tokens Get Finished In An $8 Million ICO Earlier this month, developers of a blockchain publication procedure known as U Network suddenly declared that its reserve of UUU virtual assets had been depleted. дальше »

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