$783m #Bitcoin was moved off exchanges in just 10 minutes last night. Look at these spikes!

Whales bought the dip!

Huobi exchange has restricted Chinese citizens from crypto derivatives trading and some mining services, while OKEx will pause trading for its coin $OKB in China. — link

Bitcoin, the 10,000 year view:

Reporters say "climate change"
Technologists say "disruption"
Students of history say "dawn of the Digital Age" — Willy Woo

Bitcoin isn't the "Myspace of Crypto"

The protocol is a culmination of ideas and efforts between cypherpunks, spanning nearly half a century.

Bitcoin after 2012, 2016 and 2020 halving

The number of $ETH HODLERS continues to climb.

A new all-time high has been set in July of this year. A total of 35.85m addresses are holding 48.71m ETH (41.7% of the circulating supply) — link

We're seeing some interesting signals flashing on our #crypto data platform, including:

📌 #Bitcoin’s active addresses doubling in a week
📌 $BTC exchange supply hitting a 6-month low
📌 Spike in ‘whale’ balances at the midweek bottom

— link

11% of reserve managers say they expect #bitcoin to replace gold in their foreign currency reserves, according to an annual UBS survey of 30 leading central banks.

U.S. Senator Patrick Toomey has become the second official to publicly disclose their bitcoin investment exposure. This comes only a few weeks after Cynthia Lummis announced her position of actual bitcoin.

“Gold is limited and you have to look for it. Bitcoin is the most amazing mathematical miracle. I do not invest in Bitcoin, but I believe it’s here to stay.” - Apple co-founder, Steve Wozniak.

Bitcoin bulls

Bitcoin miners have been accumulating for over a month now.

Over $2.5 Billion worth of #bitcoin left exchanges today, likely sent to cold storage for security.

Khazakstan is allowing people to buy and sell Bitcoin with bank accounts — link

Largest Bitcoin net outflow from exchanges yesterday since 2016

Binance will no longer offer crypto derivatives trading to users in three European countries: Germany, Italy, and the Netherlands.

Binance has plans to shut its crypto derivatives products offerings across the European region in the future.

— link

Over 110K BTC withdrawn from exchanges in the last 24h.