Decline In Bitcoin Active Addresses Suggests Market Is Purging Paperhands
Submitted by Anonymous (not verified) on Wed, 07/06/2022 - 20:10With the bitcoin bull market back in 2021 had come a lot of what is referred to as ‘bitcoin tourists’.
With the bitcoin bull market back in 2021 had come a lot of what is referred to as ‘bitcoin tourists’.
Data shows Bitcoin saw the largest monthly outflow from exchanges in history this June as 151k BTC flew off centralized wallets.
CNBC’s Jim Cramer is a controversial figure in the crypto space.
The profitability of bitcoin mining has been dwindling compared to that of Ethereum in recent months.
Trading volume on crypto exchanges in India has taken a large hit of more than 70% since the start of the 1% TDS rule.
On-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short squeeze in the market.
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