Large outflows from exchanges are considered a signal that traders aren’t looking to sell, a potentially bullish sign for Ethereum.
You might be interested in …
Bitcoin's Underlying Value 'Is to Do Ransomware': Former Fed Chair Bernanke
Ben Bernanke pointed out the awkwardness of paying with Bitcoin right now and said the leading cryptocurrency has virtually no use.
Bitcoin, Ethereum Jump as Fed Chair Signals Slowing Rate Hikes
Bitcoin and the wider crypto market jumped Wednesday after Federal Reserve Chair Jerome Powell said in a speech that December would likely bring smaller interest rate hikes. The biggest cryptocurrency by market cap was trading […]
NYSE Hints at Launch of NFT Market With Latest Patent Filing
As if OpenSea and Rarible needed more competition, the New York Stock Exchange (NYSE) recently filed a patent suggesting it may soon join the non-fungible token (NFT) market. On February 10, the NYSE filed a […]