On-chain data shows the Binance USD (BUSD) exchange reserves have declined recently, a factor that may be behind Bitcoin’s slowdown.
Binance USD (BUSD) Exchange Reserves Have Gone Down
As pointed out by an analyst in a CryptoQuant post, there was...
On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies.
USDC Exchange Inflow Sharply Rose To High Values Recently
As explained by an analyst in a CryptoQuant post,...
Is Bitcoin in trouble, potentially on the brink of collapsing to unexpected new lows? That’s the question on all crypto inventor’s minds, as the leading cryptocurrency by market cap tends to lead the bullish charge.
However, a somewhat forgotten...
Data shows stablecoins volume has surged up once again. Past pattern may suggest that this accumulation could be dry powder for Bitcoin’s next big move.
Bitcoin Stablecoins Reserve Rises Up Again
As pointed out by an analyst in a CryptoQuant...