Bitcoin Exchange Balance Hits Three-Year Low
The total bitcoin on exchanges has hit another three-year low, with 2,408,237 BTC reported.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin balance on cryptocurrency exchanges. Total bitcoin on exchanges has hit another three-year low today, with 2,408,237 BTC across all reported exchanges. Total bitcoin balance on cryptocurrency exchanges peak versus now. When looking at the net daily transfer volume....
Related News
On-chain data shows the number of Bitcoin wallets with a non-zero balance has set a new all-time high above 40 million. Number Of Bitcoin Wallets With Non-Zero Balance Hits New ATH As per the latest weekly report from Glassnode, the number of BTC wallets that hold a non-zero amount of coins has now reached a […]
According to investigators, bitcoin exchange Mt. Gox has actually been out of funds six months before the company filed for bankruptcy. This follows reports that CEO Mark Kapeles has admitted to tweaking accounts in the bitcoin exchange, prompting speculations that he did so to transfer funds to his personal account. Sources said that the company has been running a deficit on its balance sheet and started paying some clients with money drawn from other customers' accounts as early as August 2013. Mt. Gox had been one of the world's largest bitcoin exchange in that year. Bitcoin Exchange....
Bitdeer Technologies Group has emptied its Bitcoin treasury, selling every coin on its books and bringing its corporate balance to zero. Related Reading: Storm Over BTC Trades: Metaplanet CEO Denies Hiding Details The move follows weeks of steady disposals and comes as the company pursues fresh capital to fund expansion plans outside pure mining. Bitdeer […]
The total number of Cardano wallets with a balance of at least $1 million has surged, from 3,625 on July 20 to 9,830 on Aug. 24. Cardano (ADA) addresses with a balance greater than $1 million have surged 173% during the latest ADA price rally.Specifically, the ADA/USD exchange rate gained almost 200% after bottoming out at $1.007 on July 20. The pair reached its record high of $3.02 in the previous session, a move that was followed by a 6.42% price correction to $2.73 at the time of writing.Meanwhile, the same period saw the total number of Cardano wallets that hold at least $1 million....
Coinbase has announced that it plans to invest 10% of all profits in crypto. The exchange is one of the leading crypto exchanges in the world and with their profit margins, 10% will be a big investment going into crypto. All crypto purchases with crypto will be kept on the balance sheet going forward. And the CEO expects this percentage to go up with time. Related Reading | Grayscale Tops Up Ethereum Investment To $10 Billion The exchange has recorded massive profits for the last year alone. Coinbase had announced a total profit of $.17 billion back in 2020. If this directive was in....