Exchanges See Massive Bitcoin Outflow in 7 Days, Signaling Mega Bullish Turn in Crypto Markets

Bitcoin's supply on exchanges is at its lowest level since December 2018. This is a key date since it marked the bottom of the 2018 bear market.

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Bitcoin Supply on Exchanges Hits Lowest in 3 Years After Series of BTC Drops

Bitcoin exchange reserves have seen a major decline last seen in December 2018 after BTC faced a series of price drops, Santiment names the reason for Friday’s BTC drop

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Here are the demand and supply areas for next week as Solana dips below $100

The euphoric sentiment of October and early November has long since evaporated. The early December drop in the crypto market saw the price of Solana drop below the $200 mark, and since then the price The post Here are the demand and supply areas for next week as Solana dips below $100 appeared first on AMBCrypto.

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KuCoin lists IOTA

IOTA (MIOTA/USD) is now available on KuCoin, the exchange announced on their website. The trading pairs IOTA/USDT and IOTA/BTC are supported. Schedule Deposits Effective Immediately (Supported Network: Mainnet) Trading: 9:00 on December 30, 2021 (UTC) Withdrawals: 10:00 on December 31, 2021 (UTC) Details The total supply of IOTA tokens is just under 2.

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BTC Supply Drying Up, 6.3% Of Total Bitcoin Supply Left On Exchanges

Bitcoin’s circulating supply has fallen near the end of 2021, with December representing the lowest month on average in years for Btc supply. 6. 3% Of BTC On Exchanges The amount of Bitcoin in circulation has been falling since the halving in 2020, according to a new study from CryptoRank, with access to acquire Bitcoin on exchanges also declining.

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Ethereum Classic, Aave, EOS Price Analysis: 18 December

Ethereum Classic registered some gains in the past few hours, at the time of writing. Further, it was testing an area of supply at $35.3. Aave shot upwards from $167 to $200. A pullback for Aave couldThe post Ethereum Classic, Aave, EOS Price Analysis: 18 December appeared first on AMBCrypto.

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WagyuSwap DEX Burns 30 Million of $WAG; 7% of Total Supply is Now Gone

December 9 2021, Tallinn, Estonia – Just 8 days after WagyuSwap, the world’s fastest and cheapest decentralized exchange built on the Velas Network announced the Great Steak Event, the team announced yet another periodic token burn initiative of 30,000,000 of the platform’s native $WAG token.

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WagyuSwap DEX Announces Periodic Token Burn Initiative Of 30 Million Of Its Native $WAG Token

The decentralized exchange Wagyuswap announced today 9 December 2021 that it has burnt 30 million of its native token, $WAG. This takes off 7% of the total circulating supply of the token, bringing the circulating supply to 500 million.

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Anthony Scaramucci claims inflation is a transitory problem

SkyBridge Capital founder and managing partner Anthony Scaramucci believe inflation is transitory. He said this during an interview on December 8, adding that the increasing prices result from supply chain constraints.

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Over 4.4 Billion Added in Total Stablecoin Supply in the First Week of December

Meanwhile, since Saturday, USDT and USDC’s market cap has grown by about $2 billion. The post Over 4.4 Billion Added in Total Stablecoin Supply in the First Week of December first appeared on BitcoinExchangeGuide.

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Tether mints an additional $3 billion of USDT in past 2 weeks

Tether’s circulating supply has increased to $76 billion as the team minted an additional $3 billion worth of the asset during the last 2 weeks, and most notably $1 billion of those new coins were minted on Tron Network on December 4.

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Tether Prints $20 Billion This Quarter

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Bitcoin supply squeeze heats up as Grayscale buys nearly 3x the BTC mined in December

Grayscale brings its total assets under management above $20 billion in time for the start of 2021 as BTC demand intensifies.

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Supply Chain and Logistics Management Solution WTIA Launches WLOG Trading on ProBit Exchange

The WTIA has listed its token WLOG on ProBit Exchange on December 29 with KRW and USDT markets for trading. The WLOG platform is a product of the WTIA network, linking leading projects with real-world business applications.

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Here’s Why Bitcoin Reached Three New All-Time Highs on Christmas Day, Adam Back Claims

Blockstream CEO, Adam Back, has suggested the reason why Bitcoin surged to three new all-time highs on December 25; meanwhile BTC supply on exchanges keeps dropping

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Ethereum Overtakes Bitcoin Cash in Price

Ethereum has for the first time since December 2018 risen in price above Bitcoin Cash (BCH) which has far lower supply at about 18 million coins to eth’s 111 million.... The post Ethereum Overtakes Bitcoin Cash in Price appeared first on Trustnodes.

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Ripple Celebrates 2020 Early After Unlocking 1 Billion XRP From Escrow

Ripple, the company behind the XRP cryptocurrency and on-demand liquidity product, has unlocked another 1 billion XRP from its escrow. Back in December 2017, Ripple announced that it would lock 55 billion XRP tokens in smart contracts to ensure that the supply could be controlled.

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Third of Tron Supply Unlocked, 33B TRX May Flood Market

A third of Tron’s supply, worth over $400 million at current prices, unlocked on New Year’s Day. These coins may flood the market and further harm TRX’s struggling price. The enormous hoard of Tron tokens were quietly locked in December 2017, six months prior to the launch of project’s mainnet.

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Bitcoin's supply increases by over 30% in a month on Bitfinex

Bitcoin's market reflected signs of recovery in the past week, after being worn down most of December. Although the BTC market cap was still down week-over-week, its estimated hash rate grew by over 1The post Bitcoin's supply increases by over 30% in a month on Bitfinex appeared first on AMBCrypto.

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VeChain: Blue Bite to Secure Fine Art with Blockchain Technology

In a blog post published on December 10, 2019, tech firm Blue Bite stated that it will be tapping VeChain’s (VET) supply chain-focused blockchain solutions to enable end-to-end transparency and security for fine art certificates.

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What’s Happened to Gemini Dollar? Supply Down 92% YTD

Demand for Gemini exchange’s native stablecoin, Gemini dollar (GUSD), has dropped significantly over the last 7 months while other pegged-value assets continue to soar. Gemini Dollar Falls Behind The market capitalization of the dollar-pegged token has been on its way down since December 20, 2018.

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Bitcoin Halvening to Produce Shock Supply, Says US Venture Capitalist

BTC Price Surges to Nearly $9,000 After Dropping to Around $3,000 in December 2018 Bitcoin (BTC), the world's most dominant cryptocurrency, is currently doing very well price-wise, especially compared to the state it was at the beginning of 2019 where it was roughly half the price that it is now. Even other cryptocurrencies such as […]

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Gemini Dollar stablecoin circulating supply mysteriously plummets as Huobi balances disappear

The circulating supply of the Winklevoss twins’ stablecoin Gemini Dollar (GUSD) is plummeting. From a peak market capitalization of more than $100 million in December of 2018, the coin recently hit new lows of $22 million.

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Stablecoin Dai Lending Rates Decrease, Total DEX Volume Increases Over 16%

Compound, an Ethereum protocol that “establishes money markets with algorithmically set interest rates”, added the Dai stablecoin (DAI) to its protocol last year in December. In the past week, Compound’s Dai supply APR (annual percentage rate) has fallen to around 2.

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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by.

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XRP Price Analysis: Currency Looks set to Break Out Of The Bears Grip

Supply zones: $0. 33, $0. 35, $0. 38 Demand zones: $0. 31, $0. 28, $0. 24 XRP/USD Medium-term Trend: Bearish XRP/USD is on the bearish trend on the 4-Hour chart. The cryptocurrency started sideways movement on December 29 within the range of $0.

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CARDANO (ADA) Daily Price Forecast –January 2

ADA/USD Medium-term Trend: Bullish Supply zones: $0. 0600, $0. 06600, $0. 06800 Demand zones: $0. 02000, $0. 01500, $0. 01000 ADA returns to a bullish trend in its medium-term outlook. The bullish pressure resume from 28th December after the exhaustion denoted by wicks at $0.

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Tron (TRX) Daily Price Forecast – December 31

TRX/USD Medium-term Trend: Ranging Supply zones: $0. 03000, $0. 04000, $0. 04500 Demand zones: $0. 01000, $0. 00900, $0. 00800 TRX continues in a range-bound market in its medium-term outlook. The bearish spinning top at $0.

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Bitcoin SV (BSV) Daily Price Forecast – December 31

BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD continues in the bearish trend in its medium-term outlook. The formation of lower lows and lower highs is a good indication of a continued down trending market.

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CARDANO (ADA) Long-term Price forecast-Deember 29

ADA/USD Long-term Trend –Ranging Supply zone: $0.0600, $0.0800, $0.1000 Demand zone: $0.0100, $0.0080, $0.0060 ADA remains in a range-bound market in its long-term outlook. $0.05146 in the supply area on 24th December was the high of the week the bulls pushed the cryptocurrency before exhaustion denoted by a wick as the daily candle closed a […]

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MONERO (XMR) Long-Term Price Forecast-December 29

XMR/USD Long-term Trend: Ranging Supply zone: $100. 00, $110. 00, $120. 00 Demand zone: $30. 00, $20. 00, $10. 00 XMR long-term outlook continues in a range-bound market. The bulls had a brief upper hand within the range as they pushed the cryptocurrency to $60.

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IOTA (MIOTA) Long-term Price forecast- December 29

IOT/USD Long-term Trend -bullish Supply zone: $0.8000, $0.9000, $1.0000 Demand zone: $0.1000 $0.0800, $0.0600 IOTA is still in a bullish trend in the long-term outlook. $0.4088 in the supply area was the high the bulls could manage to push the coin on 24th December before it lost momentum as exhaustion sets in with a bearish pinbar […]

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TRON (TRX) Long-Term Price Forecast- December 29

TRX/USD Long-term Trend: Bullish Supply zone: $0. 03500, $0. 04000, $0. 04500 Demand zone: $0. 01000, $0. 00800, $0. 00600 Tron long-term outlook remains in a bullish trend. The strong bullish pressure was sustained as TRXUSD made an initial high of $0.

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XRP Long-Term Price Forecast- December 29

XRP /USD Price Long-term Trend: Bearish Supply levels: $0. 56, $0. 58, $ 0. 60 Demand levels: $0. 37, $0. 35, $0. 33 The price of XRP/USD pair was in a bullish trend in the last week of December 2018.

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STELLAR (XLM) Daily Price Forecast – December 28

XLM/USD Medium-term Trend: Bearish Supply zone: $0. 2000, $0. 2500, $0. 3000 Demand zone: $0. 0800, $0. 0600, $0. 0400 XLM continues in a bearish trend in its medium-term outlook. The bears continue to push further low after the retest at the $0.

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Bitcoin SV (BSV) Daily Price Forecast – December 28

BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD continues in the bearish trend in its medium-term outlook. The inverted bearish hammer of yesterday opening signaled the bears' return as BSVUSD went down to $89.

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Stellar Price Analysis: XLM/USD Trends of December 27–January 02, 2019

CoinSpeaker Stellar Price Analysis: XLM/USD Trends of December 27–January 02, 2019 The first candle formed at the opening of the market on the daily chart is bearish, broken the supply level of $0.

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Bitcoin SV (BSV) Daily Price Forecast – December 27

BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD remains in a bearish trend in its medium-term outlook. The bearish pressure was briefly lost after dropping the cryptocurrency at $89.

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XRP Price Analysis: XRP/USD Trends of December 26–January 01 2019

CoinSpeaker XRP Price Analysis: XRP/USD Trends of December 26–January 01 2019 After retest XRP price may resume its uptrend movement which may face $0. 50 supply level after $0. 43 price level is broken.

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CARDANO (ADA) Daily Price Forecast –December 26

ADA/USD Medium-term Trend: Bearish Supply zones: $0. 0600, $0. 06600, $0. 06800 Demand zones: $0. 02000, $0. 01500, $0. 01000 ADA is in a bearish trend in its medium-term outlook. The bulls stage a comeback at $0.

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Bitcoin SV (BSV) Daily Price Forecast – December 26

BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD is still in a bearish trend in its medium-term outlook. The bearish pressure that dropped the cryptocurrency at $88.

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STELLAR (XLM) Daily Price Forecast – December 25

  XLM/USD Medium-term Trend: Bearish Supply zone: $0. 2000, $0. 2500, $0. 3000 Demand zone: $0. 0800, $0. 0600, $0. 0400 XLM is in a bearish trend in its medium-term outlook. The failure of the bulls to continue to push further up north after the formation of higher highs at $0.

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VeChain (VET) Daily Price Forecast – December 25

VET/USD Medium-term Trend: Bearish Supply levels: $0. 0065, $0. 007, $0. 0075 Demand levels: $0. 004, $0. 0035, $0. 0030 A major spike occurred on December 17 during which virtually all the cryptocurrencies saw a significant rise in their market valuation, so also the case with the VET/USD market.

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Ethereum Classic (ETC) Daily Price Forecast – December 25

ETC/USD Medium-term Trend: Bullish Supply levels: $6, $6. 50, $7 Demand levels: $3. 50, $3, $2. 50 ETC/USD market has been kept on a northward-trending mode above the buy signal line of the 50-day SMA’s trend-line barely over a week.

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Bitcoin SV (BSV) Daily Price Forecast – December 25

BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD returns to a bearish trend in its medium-term outlook. The bulls failure to push price above yesterday high of $112.

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Bitcoin SV (BSV) Daily Price Forecast – December 24

BSV/USD Medium-term Trend: Bullish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD remains in its bullish trend in its medium-term outlook. After a remarkable rally to $128.09 in the supply area on 21st December, the bulls briefly lost momentum as the bearish spinning top was formed signaling bears gradual return. The large […]

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MONERO (XMR) Long-Term Price Forecast- December 23

XMR/USD Long-term Trend: Ranging Supply zone: $100.00, $110.00, $120.00 Demand zone: $30.00, $20.00, $10.00 XMR long-term outlook is a range-bound market. The bullish doji that started last week trading session was a signal to the bulls gradual returned but confirmation came on 17th December after the formation of a bullish engulfing candle which closed above […]

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IOTA (MIOTA) Long-term Price forecast- December 23

IOT/USD Long-term Trend -bullish Supply zone: $0.5000, $0.6000, $0.7000 Demand zone: $0.1000 $0.0800, $0.0600 IOTA returns to a bullish trend in the long-term outlook. The bullish gradual returned in last week analysis turned out to be a major trend reversal with a breakout at the 10-EMA on 17th December. $0.2732 in the supply area was […]

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CARDANO (ADA) Long-term Price forecast- December 22

ADA/USD Long-term Trend –Ranging Supply zone: $0. 0600, $0. 0800, $0. 1000 Demand zone: $0. 0100, $0. 0080, $0. 0060 ADA is in a range-bound market in its long-term outlook. The bulls returned after the doji formation of 15th December and push the cryptocurrency up to $0.

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TRON (TRX) Long-Term Price Forecast- December 22

TRX/USD Long-term Trend: Bullish Supply zone: $0. 03500, $0. 04000, $0. 04500 Demand zone: $0. 01000, $0. 00800, $0. 00600 Tron long-term outlook is a bullish trend. The bullish pressure within the range started on 17th December when a break at the 10-EMA occurred shooting TRXUSD up to $0.

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