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Shift to self-custody? $125M Bitcoin outflow stirs market interest

Quick Take Yesterday, Aug. 21, marked a remarkable shift in the Bitcoin landscape as finance experienced one of its most substantial outflows to date, approximately $125M. This considerable movement of funds away from finance platforms may suggest an increased preference among users for holding their own assets rather than keeping them on exchange platforms. дальше »

2023-8-22 13:00


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Bitcoin Supply On Exchanges Hits Lowest Value Since Nov 2018, Now At 1.17M

The recent trends in the Bitcoin market indicate a shift towards self-custody as the supply of Bitcoin on exchanges continues to decrease. Despite experiencing a drop below the $30k mark last week, the market has not shown severe reactions, suggesting that fear, uncertainty, and doubt (#FUD) are not driving significant sell-offs. This observation highlights the […] дальше »

2023-7-26 08:48


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Jack Dorsey’s Block Bitcoin Wallet Announces Support For Coinbase And CashApp As It Rolls Out Beta Version

The general public will be able to take part in the beta test of Bitkey in a few weeks according to Block, its parent company striking the excitement of users. Jack Dorsey’s payment company Block has announced a special integration of CashApp and leading US digital asset exchange Coinbase on its self-custody wallet, Bitkey. This […] дальше »

2023-6-17 18:51


Tether USDT to strengthen reserves with Bitcoin purchase

Stablecoin issuer Tether (USDT) said it would use 15% of its net realized operating profits to purchase Bitcoin (BTC). In a May 17 company statement, the stablecoin issuer said it would self-custody the purchased BTC — adding that its purchase “will focus exclusively on utilizing realized profits from its investment strategy, disregarding unrealized capital gains […] The post Tether USDT to strengthen reserves with Bitcoin purchase appeared first on CryptoSlate. дальше »

2023-5-17 16:05