Miners Are Sending Bitcoins to Exchanges Again – And That May Be Bearish
Bitcoin outflows from miner wallets have spiked, with the majority of coins finding their way onto cryptocurrency exchanges. The net flow of coins into or out…
Tag: bitcoins
Billions in Crypto ‘Dry Powder’ On Exchanges Ahead of Bitcoin’s Next Move
With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have…
Bitcoin Whale’s Bad Trade Leaves Counterparties Holding the Bag
A massive wrong-way bet on Bitcoin left an unidentified futures trader unable to cover losses, burning counterparties and threatening to dent confidence in one of…
Finance Bigwig Mohamed El-Erian Says Bitcoin Is a Commodity
Bitcoin cannot be considered a currency, one of the world’s most prominent financial commentators and institutional investors said. Mohamed El-Erian told CNBC that currencies normally serve…