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Bitcoin exchange balance plummet to year-to-date low

Quick Take Bitcoin exchange balances have been witnessing a noteworthy trend of outflows, reaching a year-to-date low of 2. 3 million Bitcoin recently. This movement was underscored by Bitcoin breaking through the $29,000 mark, a milestone accompanied by a seismic shift of $200 million worth of Bitcoin moving away from exchanges yesterday, Oct. дальше »

2023-10-20 10:45


Short-Bitcoin products gain popularity as clampdown-driven crypto outflow persists

Crypto investment products have seen a trend of outflows for five consecutive weeks, as $54 million exited these products in the past week, according to the latest CoinShares weekly report. This extends the total outflow over the last nine weeks to $455 million, underscoring the prevailing bearish sentiment in the market. дальше »

2023-9-19 18:20