Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge
Overall, the data may reflect a need for liquidity among investors, according to CoinShares. Meanwhile, the largest cryptocurrency by market value’s price has surged from a low of about $19,400 in early March to its current level near $28,000. Over the past week, bitcoin has risen almost 15%.
Related Posts
![Unibot-token-hurtles-25%-as-telegram-bot-exploited-for-$630k](https://www.lastcryptocurrency.com/wp-content/uploads/2023/10/195036-unibot-token-hurtles-25-as-telegram-bot-exploited-for-630k.jpg)
![Bitcoin-has-best-day-in-2-months-as-markets-anticipate-a-‘summer-of-easing’](https://www.lastcryptocurrency.com/wp-content/uploads/2024/05/215973-bitcoin-has-best-day-in-2-months-as-markets-anticipate-a-summer-of-easing.jpg)
Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing’
BTC rose over 7.5% on Wednesday, capping its best performance since March 20.Weak U.S. data strengthened the case of a Fed rate cut in September.The BOE and ECB are likely to cut rates in June.Bitcoin (BTC) posted its biggest single-day gain in nearly two months on Wednesday as weak U.S. economic data raised the probability
![Bitmain Ramps Up Power And Efficiency With New Bitcoin Mining Machine](https://www.lastcryptocurrency.com/wp-content/uploads/2019/09/31940/bitmain-ramps-up-power-and-efficiency-with-new-bitcoin-mining-machine.jpg)
Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine
news Crypto mining giant Bitmain is launching two new models for its Antminer range of bitcoin mining devices, one of which is its most powerful yet. Announced Friday, the Antminer S17e has a hash rate (mining power) of 64 terahertz per second and a power efficiency of 45 joules per TH. The numbers compare favorably…
![BitMEX Exchanges To Block Users In Hong Kong, Bermuda And Seychelles](https://www.lastcryptocurrency.com/wp-content/uploads/2019/08/29955/bitmex-exchanges-to-block-users-in-hong-kong-bermuda-and-seychelles.jpg)
BitMEX Exchanges to Block Users in Hong Kong, Bermuda and Seychelles
news Cryptocurrency exchange BitMEX has added three new jurisdictions to its trade restrictions list. HDR Global Trading Limited (HDR), BitMEX’s parent company, has added Bermuda, Hong Kong, and the Seychelles to its list of total trade access restrictions. BitMEX, based in the Seychelles, maintains arms in Bermuda and Hong Kong. The three jurisdictions join the…
![Bitcoin-long-term-holders-control-75%-of-circulating-supply:-glassnode](https://www.lastcryptocurrency.com/wp-content/uploads/2023/07/181155-bitcoin-long-term-holders-control-75-of-circulating-supply-glassnode.png)
Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode
Long-term bitcoin (BTC) holders, or addresses that hold coins for at least 155 days, now control a record three-fourths of the cryptocurrency's circulating supply.Data tracked by blockchain analytics firm Glassnode show the balance held in these wallets has increased by 62,882 BTC ($1.83 billion) to a record 14.52 million BTC this month, surpassing the previous…
![Binance Releases Demo Of Planned Decentralized Crypto Exchange](https://www.lastcryptocurrency.com/wp-content/uploads/2018/12/9903/binance-releases-demo-of-planned-decentralized-crypto-exchange.jpg)
Binance Releases Demo of Planned Decentralized Crypto Exchange
news Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has released a new video demo of its decentralized exchange, dubbed Binance DEX, ahead of its launch in early 2019. Released Wednesday, the video demonstrates the trading interface of Binance DEX, along with a web crypto wallet and the explorer for Binance’s native public…
![Sec-relinquishes-$30m-blockfi-penalty-until-investors-are-repaid](https://www.lastcryptocurrency.com/wp-content/uploads/2023/06/177027-sec-relinquishes-30m-blockfi-penalty-until-investors-are-repaid.jpg)
SEC Relinquishes $30M BlockFi Penalty Until Investors Are Repaid
The U.S. Securities and Exchange Commission (SEC) has agreed to forego a $30 million fine from bankrupt crypto lender BlockFi until after investors are repaid, a court filing from Thursday shows.The sum is what's left over from a $50 million penalty owed to the SEC by BlockFi to settle charges of failing to register with…
![Most-influential-2021:-vote-now](https://www.lastcryptocurrency.com/wp-content/uploads/2021/11/115132-most-influential-2021-vote-now.jpg)
Most Influential 2021: Vote Now
CoinDesk’s annual list of the “Most Influential” people in the cryptocurrency industry has been a year-end holiday tradition since 2014.It’s our way of raising and praising the finest, those shipping the most-used products, onboarding those who need crypto the most and setting a high bar for us all. For a long time we have celebrated…
![Donald-trump-holds-up-to-$500k-in-crypto](https://www.lastcryptocurrency.com/wp-content/uploads/2023/08/184167-donald-trump-holds-up-to-500k-in-crypto.jpg)
Donald Trump Holds Up to $500K in Crypto
Please note that our privacy policy, terms of use, cookies, and do not sell my personal informationhas been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk…