Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
The 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.…
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Hong Kong-listed Huobi Tech launches cryptocurrency OTC service
Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto.
Huobi Co-Founder: We’re at Early Stage of Bitcoin Bear Market, Next Bull Run Expected in 2024
The co-founder of crypto exchange Huobi has shared his view about the current state of the bitcoin market and when the next bull run will be. “We are now at…
Crypto winter 2022: Here’s what crypto industry veterans expect
Industry executives predict that the next Bitcoin bull run is likely to happen in 2024 or early 2025, tied to Bitcoin’s fourth halving.
Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets
On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company…
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November…
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide.…
New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity on the chain
70% of US crypto holders started investing in 2021: Report
46% of respondents reported having $1,000 or less in crypto, while another 25% said they held between $1,000 and $10,000.
‘Net neutral’ — Rising Bitcoin exchange balances could be due to Huobi Chinese user block
Binance may be seeing Bitcoin inflows, but overall, movements among major exchanges appear to cancel each other out, fresh data shows.
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