Thousands At Bitcoin 2022 Call For Separation Of Money From State
submitted by /u/Sadboiiy [link] [comments]
submitted by /u/Sadboiiy [link] [comments]
With Binance's announcement of 21% APY interest on UST staking, there is little doubt that the Terra ecosystem is entering the mainstream of stablecoins. As I write this post the value of the LUNA token is rising steadily as new UST coins are being minted. However, some valid concerns have been raised as to whether…
Read more
SROs can eventually provide “connective tissue” between the crypto industry and government as U.S. regulatory infrastructure forms.
Once again he's releasing another NFT project this time he's claiming he's not involved in any partnership he's now well aware what NFTs or crypto is. This is one of the NFTs he's going to release soon NFT Project I hope his new video is enough for the people to stay away from his…
Read more
submitted by /u/ChemicalGreek [link] [comments]
submitted by /u/ChangeNow_io [link] [comments]
submitted by /u/TronWeeklyJournal [link] [comments]
On-chain data shows a sharp spike in the Bitcoin exchange outflows, suggesting whales have been buying the dip to $39k. Bitcoin Exchange Outflows Show High Value Suggesting Whale Activity As pointed out by an analyst in a CryptoQuant post, the BTC exchange outflows have registered a large spike recently. The “exchange outflows” is an indicator that measures the total amount of Bitcoin currently exiting wallets of all exchanges. When the value of this indicator is high, it means investors are withdrawing a large amount of coins at the moment. Especially large values can imply whales have been buying. Such a trend, when sustained, may be bullish for the price of the coin as investors usually transfer their crypto out of exchanges for accumulation purposes. On the other hand, low outflow values suggest there isn’t much buying going in the market right now. This could either be neutral for the price, or if selling is going on, then it may be bearish. Related Reading | Bitcoin Miners Receive Third Break This Year, Over 100K Blocks To Go Until The Halving Now, here is a chart that shows the trend in the BTC outflows over the past year: The indicator’s value seems to have observed a large spike recently | Source: CryptoQuant As you can see in the above graph, the Bitcoin exchange outflow has shown a big value recently as the price has fallen below the $40k mark. This suggests that whales may have jumped at the opportunity to accumulate more coins. During the three previous instances in the last year when outflow values on a similar scale were observed, the price of BTC observed an uplift not too long after. Related Reading | Bitcoin Bear Market Comparison Says It Is Almost Time For Bull Season It now remains to be seen whether a similar bullish effect will be there this time as well, or if the sellers will overwhelm the buyers and drive the price further down. BTC Price At the time of writing, Bitcoin’s price floats around $39.2k, down 5% in the last seven days. Over the past month, the crypto has shed 4% in value. The below chart shows the trend in the price of the coin over the last five days. Looks like the value of the crypto has plunged down over the past twenty-four hours | Source: BTCUSD on TradingView After holding above the $39k level for more than a month, Bitcoin finally dropped below the mark in the past day. This is a continuation of the decline that started late last month after BTC topped out above $47k. Currently, it’s unclear when the price may observe some recovery. But if the outflows are anything to go by, then signs may be bullish for the crypto. Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com
The Protect Our Future PAC used more than $9 million toward mainly digital, television and radio ad buys for U.S. House of Representatives candidates’ campaigns.
submitted by /u/Desperate_Day_8813 [link] [comments]