Category Archives: Main

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low

According to current statistics, there’s 2.363 million bitcoin, or $100 billion worth, of the leading crypto asset held on exchanges. The current value of the bitcoin ( BTC) held by centralized exchanges equates to 12.36% of BTC ‘s overall $809 billion market capitalization.

While 2.363 million is a significant fraction, it’s 8.88% less than the number of bitcoins held on exchanges on July 25, 2021. Too many crypto market participants, and the fact that there’s less BTC on exchanges means less selling pressure going forward.

Metrics indicate that the last time bitcoin exchange reserves were this low was ten months ago, back in April 2021. Combined statistics from Bituniverse, Peckshield, Etherscan, and show that the exchange Coinbase holds the most bitcoin ( BTC) today with 853,530 BTC held in reserves.

The value of Coinbase’s BTC holdings equates to 35% of the current $100 billion worth of BTC held on exchanges. Binance is the second-largest bitcoin holder, in terms of exchanges, with 339,870 BTC worth $14.5 billion using current bitcoin exchange rates.

Ethereum Exchange Reserves Plummet, Miners Sell Holdings

Meanwhile, the same can be said about the number of ethereum ( ETH) held on centralized exchanges. Data from shows there’s 17 million ether held on exchanges today, but that amount has been sliding significantly since May 2021. In May last year, crypto exchanges held 21.9 million ethereum.

This means roughly 22.37% of the ETH held on exchanges has left the market environment for alternative solutions. On the other hand, much of the ETH that has left centralized exchanges since last May could have been transferred to decentralized exchange (dex) platforms.

Currently, the most active crypto exchange in terms of ether trade volume, Binance, holds 3.59 million ETH in reserves. While less BTC and ETH on exchanges could lead to less selling pressure, metrics show that BTC miners have been selling bitcoin.

Miner holdings, according to Glassnode data, went negative on February 5, 2022, for the first time in two months. At the time of writing, statistics indicate there’s roughly 1.86 million BTC held by mining entities.

Is it legal to offer bitcoin to moneypak exchange service?

There are a lot of people who ask the question: Is it legal to offer bitcoin to Moneypak exchange service? Well, to answer this question we need to find out what the Moneypak Exchange Service is all about. This is an online currency trading service that has been around for many years. The service is known to be one of the most reliable and trustworthy money exchanging companies in the world. Their exchange service is especially useful for people who are new to the world of forex trading.

The Moneypak Exchange Service allows people to buy and sell currencies without the need of any software. This makes it a very convenient system to use for people who want to make some fast money. The trading process is also very efficient. People can buy, sell and buy and sell instantly. This means that the money exchange process is fast and efficient.

The main difference between Moneypak and other online currency trading websites is that they do not require an account with them. People who want to buy and sell currencies do not need to have an account with the website in order to do so. They are able to buy and sell currencies in just one click of a button. They can even do this in the privacy of their own homes.

The money exchange service is known to be very popular. Many people have already started to use this service and have already gained a lot of experience from it. They have also been able to make a lot of money by using the system.

The Moneypak Exchange Service also allows people to buy and sell other currencies. This is useful for people who are not able to buy and sell currencies at the same time. If they want to buy and sell a currency that is not currently available then they can use the currency exchange site. This means that they can buy and sell any currency for any other currency that they want.

If you want to learn more about the money exchange service then you can visit their website by following the links at the end of this article. They have a lot of useful information on the service and you will be able to learn more about how they can help you make a lot of money.

How Blockchain Works-Understanding of Process

Blockchain is the technological breakthrough that has become the latest buzzword of the technology industry. The way blockchain works is simply a computer program that is secured and runs with the help of cryptography. Cryptography is the way in which information is transmitted through the computer to transmit its message to another computer or to another person. This makes the data unchangeable or tamper proof. This makes it an ideal choice for protecting a database.

Blockchain computers have made the encryption of information available to multiple parties, which makes it possible for you to transfer and distribute data without risking any loss of information. Transactions are made more secure and the cost of storing the information can be reduced. Blockchain is also very easy to use and can be used to encrypt many different types of data. People who are looking to do this are more likely to find their data more secure as the encryption process becomes more complex. However, Blockchain also provides its users with more convenience and greater possibilities because of its software application that allows businesses to save and access their information as much as they like at the same time.

Therefore, how blockchain works is quite complicated. Blockchain is also prone to hackers, which makes it even more important for a business to secure its computer network. This way, the network does not fall into the hands of a hacker who might steal the data it holds on behalf of a third party. Because of this, the system that allows for the transfer of information without losing the integrity of the information or compromising the security of the computer can be considered as a breakthrough in the field of computer technology. Blockchain is also changing the way we work and will definitely change the way the industry works.