Decreasing reserves mean a decline in Bitcoin supply for selling, altcoin purchasing and margin trading.
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Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed, similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo.
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Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding
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Bitcoin-Pegged Token Crafted by Binance Swells, BTCB Now Commands $2.3 Billion Market Cap
Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503
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After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip
After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14%
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