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Report: 33 straight days of net withdrawals from crypto exchanges

Key Takeaways Regulators are clamping down hard on the US crypto industry, with recent lawsuits announced against Binance and Coinbase Bitcoin’s correlation with stocks is at a 5-year low, with the latter soaring but Bitcoin’s price suppressed by concerns around future of industry in US Exchanges have seen net outflows for 33 days in a […] The post Report: 33 straight days of net withdrawals from crypto exchanges appeared first on CoinJournal. дальше »

2023-6-20 19:05


Binance Bitcoin Outflows Continue, Something To Worry About?

On-chain data shows Binance has continued to observe Bitcoin outflows amid recent uncertainty. Is this something you should worry about? Binance Has Observed Peak Bitcoin Outflows Of 14,000 BTC Just a few days ago, the US Securities and Exchange Commission (SEC) sued the cryptocurrency exchange Binance and its CEO, Changpeng Zhao, over alleged securities fraud. […] дальше »

2023-6-9 16:00


On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals

Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements are not significant compared to previous episodes or average daily outflows Bitcoin saw even less withdrawals, negligible amounts withdrawn from each exchange Coinbase’s lawsuit presents […] The post On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals appeared first on CoinJournal. дальше »

2023-6-9 10:36