Bitcoin Outflows From Exchanges Hits Record High of $4 Billion

Bitcoin Outflows From Exchanges Hits Record High of $4 Billion

The co-founder of the crypto analytics firm Glassnode says a spike in Bitcoin’s price is inevitable as BTC outflows from exchanges reach historic monthly highs of $4 billion.  “Short-term BTC is fragile. Long-term higher prices are inevitable.”, Tweeted Yann Allemann, the co-founder of Glassnode, last Thursday, 7th April.  Allemann analyzed the net unrealized profit/loss (NUPL) … Read more

Whales Buy Over $1 Billion in BTC: Are Institutions Behind It?

Whales Buy Over $1 Billion in BTC. Are Institutions Behind It?

Over $1 billion worth of BTC has been moved from exchanges into unknown wallets in the last 24 hours. Are institutions buying the Bitcoin dip? Whale Alert! The blockchain tracking Telegram channel ‘Whale Alert’ alerted users to big moves in the Bitcoin market. According to the channel, 35,237 Bitcoin worth, around $1.36 Billion, moved from … Read more

Payment Giant ‘Stripe’ Warms Up To Crypto.

Payment Giant ‘Stripe’ Warms Up To Crypto

The online business payments giant Stripe has announced that it’s releasing a platform that will make it easy for customers to carry out cryptocurrencies and NFT transactions.  Stripe’s Crypto Business Suite Stripe announced yesterday, 10th March, that it has partnered up with FTX, Blockchain.com, Nifty Gateway, and Just Mining to help launch its so-called crypto … Read more

How Сan Cryptocurrencies Help In a Crisis?

Humanitarian Crisis. Help With Crypto

It only takes a few minutes of watching the news coverage to realize that the world is currently facing multiple humanitarian crises. In an unexpected turn, cryptocurrency has begun to play an increasingly important role in humanitarian aid.  Now, let’s explore why and how crypto has been employed to relieve people’s suffering in crisis-stricken countries. … Read more