Short-term optimism has returned as BTC/USD has recovered and sustained levels. The order book data that CryptoQuant collects comes from 21 exchanges. One-day outflows from exchanges stand at around 46,000 BTC, which shows that Bitcoin (BTC) investors are voting with their wallets. On April 3, 46,408 BTC exited exchange order
To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit. Bitcoin’s high volatility has made
The crypto market has begun to surge upwards while most of the cryptocurrencies are depicting greenish signals. Significantly, BTC has initiated to rise after its long-term bear market while it is currently trading at over $46K. Bitcoin has now pulled back from its lows at $40K level, trying to break
Since the inception of the crypto industry, trading is the main move that the whole industry depends on. Without trading, the concept of cryptocurrencies is useless, while trading huge volumes makes a bigger difference in the price action. Transferring funds are the major activity for traders while blockchain technology tracks
The network depends on thousands of miners using energy-intensive equipment. On an average day, the bitcoin network handles 240,000 transactions. As the Bitcoin network expands, so does the amount of energy it consumes. In response to the rising worldwide demand for bitcoin miners to utilize more renewable energy, organizations like
Higher expectations came from Investopedia’s M2 evaluation. A significantly higher and less specific $105,000 per ounce of gold is predicted by M2. The American financial company VanEck estimates that if Bitcoin becomes the world’s reserve currency, it could be worth $4.8 million per coin. VanEck feels the Chinese Yuan is
Whales’ activities have increased in recent years since the hype and adoption of cryptocurrencies are surging. The crypto market is currently bullish while BTC has already crossed its crucial resistance level. After a long bear market, now the leading cryptocurrencies are experiencing a bullish run. Most crypto users might believe
DeFi’s 24-hour trading volume presently stands at $16.89 billion. Currently, bitcoin is trading at $47,557 with a market dominance of 42.19%. Early in the day, on March 29, cryptocurrency prices were up. The worldwide cryptocurrency market capitalization has risen 1.78 percent in the previous 24 hours to $2.14 trillion. More
Continuing the bullish rally, several cryptocurrencies have pumped where BTC almost hits $48,000 today. Bitcoin is the king of cryptocurrencies, while most of the altcoins in the market follow the same suit of Bitcoin. Thus during this uptrend phase, many altcoins are also performing well displaying greenish trading charts. Whale
Around 61,000 Bitcoin was withdrawn from exchanges in just 15 days. The last time BTC had a substantial outflow, the price rose significantly. The price of Bitcoin rose over $43k for the first time in a long time. After a 24-hour retracement, BTC regained $44,000 and went on the offensive.
