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Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin
30.11.2020
Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third...
Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund manager
30.11.2020
Gold outflows are rising as Bitcoin rallies due to heightened buyer demand from institutional investors
OKEx Sees Biggest Bitcoin Outflow for 6 Months Soon After Resuming Withdrawals
26.11.2020
About 2,822 bitcoins were moved from OKEx within 15 minutes of withdrawals restarting
187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June
17.10.2020
Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen...
Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow
7.10.2020
The bank is shutting down the SWIFT network as protests rocked the country
Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism
30.7.2020
The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...
Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low
17.7.2020
Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...
Outflow of Bitcoin From Miners at Lows Not Seen Since 2010
19.6.2020
Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report
21.2.2020
The exchange, which revealed its insolvency this week, may have already had issues as early as July 2018