ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years

ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 YearsWhile the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges has left centralized […]

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Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years

Bitcoin Exchange Reserves Drop to the Lowest Point in 3 YearsThe number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency exchanges. Since This Time Last Year, Large Sums […]

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13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUM

13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUMAs 2022 begins, 13 different cryptocurrency exchange platforms have more than a billion dollars each in digital currencies held in reserves. Between all 13 trading platforms, the group of exchange platforms hold a whopping $165.25 billion worth of bitcoin, ethereum, and tether. 13 Crypto Exchanges Hold a Billion or More in Crypto Equalling Over $165 […]

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Real Estate Billionaire Sam Zell Skeptical of Bitcoin but Says ‘It May Be the Answer or One of the Answers’

Real Estate Billionaire Sam Zell Sceptical of BTC but Says 'It May Be the Answer or One of the Answers'The founder and chairman of Equity Group Investments Sam Zell says he is sceptical of bitcoin but concedes that it may be part of the solution. In particular, the billionaire and real estate magnate thinks the bitcoin community is composed of many individuals that he is not fond of. Fast Talking Characters In remarks made […]

The post Real Estate Billionaire Sam Zell Skeptical of Bitcoin but Says ‘It May Be the Answer or One of the Answers’ appeared first on Bitcoin News.

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187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June

Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen customers steadily drain 187,000 bitcoins ($2.1B) […]

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Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism

Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish OptimismThe number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that the bitcoin (BTC) held on exchanges has […]

The post Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism appeared first on Bitcoin News.

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