More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving

More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the HalvingIn mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate […]

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Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears

Bitcoin Price Touches $10K Amid 2020's Macroeconomic Storm and Covid-19 FearsOn May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8% on or around May 12, 2020, as […]

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Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges

Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto ExchangesOn January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that Coinbase now holds 1 million BTC ($8.4 billion). Crypto […]

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