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Bitcoin Exchange Outflow Volume Soars, Why Are BTC Holders Not Selling Off?

Bitcoin Exchange Outflow Volume Soars, Why Are BTC Holders Not Selling Off?

Bitcoin’s Exchange Outflow Volume (7d MA) just reached a 1-month high of $102,299,130.40. This shows people are holding onto BTC more long-term.

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Veteran market and crypto trader Michael van de Poppe has noted that despite the current price correction, Bitcoin outflows from exchanges are still sizable.

Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows

Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows

Signature bank has suffered its major outflows with around $4.27 billion triggered by the recent crypto market downturn.

Crypto-Related Funds Witnesses Slow Down of Money Outflow

Crypto-Related Funds Witnesses Slow Down of Money Outflow

The third quarter of 2022 has witnessed a slowdown in money flowing out of crypto-related funds, according to a report from Bloomberg on October 1, 2022.

Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions

Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions

The cryptocurrency market has recorded its eighth consecutive week of outflows, driven by ongoing monetary policy concerns and mounting regulatory pressures.

Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue

Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue

Ever since the London Hardfork or EIP-1559 upgrade went live in August 2021, Ethereum’s supply continues to be depleted based on the burning mechanism incorporated.

Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?

Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?

Ethereum witnessed the largest crypto exchange outflow this year, given that coins exited in droves to the tune of more than 180,000 ETH.

Bitcoin Exits OKEx Exchange in Droves as Withdrawal Service Reopens

Bitcoin Exits OKEx Exchange in Droves as Withdrawal Service Reopens

OKEx users have withdrawn 2,822 Bitcoin (BTC) from the exchange within 15 minutes of withdrawal services reopening after they were suspended due to an investigation.

Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement

Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement

BitMEX’s perpetual contract funding rates has returned to a neutral territory after longs were paying shorts significantly.

18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin

18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin

Glassnode’s recent report shows that the number of Bitcoin addresses holding at least $1 million worth of Bitcoin has increased by 38%. Currently, there are 18,000 Bitcoin whales.

Bitcoin's Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst

Bitcoin's Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst

Alex, a market and crypto analyst, has acknowledged that the $27,000-27,500 is the critical support level, which ought to be watched.

Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement

Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement

Bitcoin managed to hit a new high in 2020, and passed the $13,000 level for the first time since July 2019.

Bitcoin Provides a Check Against Economic Mismanagement, says US Politician

Bitcoin Provides a Check Against Economic Mismanagement, says US Politician

US politician Ro Khanna has shared a tweet that is bullish on Bitcoin. He also advocated for sustainable cryptocurrency mining operations.

Bitcoin Institutional Inflows Are Rising as Grayscale Bitcoin Portfolio Now Estimated to be Worth $23.69 Billion

Bitcoin Institutional Inflows Are Rising as Grayscale Bitcoin Portfolio Now Estimated to be Worth $23.69 Billion

Bybt crypto trading platform has disclosed that Bitcoin institutional inflows are not showing any signs of slowing.

CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls

CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls

CEO of CryptoQuant Ki Young Ju has warned about a potential correction as on-chain data indicates institutional investment into BTC appears to have stalled.

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.

Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble

Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble

Bitcoin price saw a slight surge at the start of this week, while China’s stocks soared as no new local coronavirus cases were reported. US stocks also followed and saw an upward tick as investors focused on news related to the new COVID-19 vaccine and treatments.

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