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Crypto exchanges Gate.io, OKX retreat from Hong Kong licensing efforts

Two prominent global exchanges’ subsidiaries — Gate. io and OKX — have withdrawn their applications for an operational license in Hong Kong in the last two days. This decision reflects a broader trend, as eight firms—including exchanges backed by Binance and HTX—have also abandoned their licensing efforts in the city-state, according to a notice on the […] The post Crypto exchanges Gate. дальше »

2024-5-26 21:20


Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, maintaining average withdrawal prices around […] The post Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level appeared first on CryptoSlate. дальше »

2024-4-30 11:32


Recent Bitcoin buyers show unyielding optimism, pushing cost basis upward despite price surges

Quick Take Utilizing data from Glassnode to estimate a market-wide cost basis reveals intriguing trends in the average price at which coins are withdrawn from exchanges. The information, segregated into cohorts, uncovers an upward trajectory on a cost basis, indicating a trend of purchasing Bitcoin at incrementally higher prices. дальше »

2024-3-24 22:13