Faster global financial news!
CryptoQuant researcher: Bitcoin supply on exchanges has shrunk to 2.67 million since February, potentially setting up a rally
CryptoQuant researcher Rei Researcher stated in a Monday report that the amount of Bitcoin on exchanges has decreased from 2.8 million to 2.67 million since February. The report suggests that if buying demand continues to improve while exchange supply remains low, Bitcoin could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
China's futures exchanges to tighten leash on quant trading, defining violations and punishments
-
2
Dutch pensions manager PGGM agrees to take on part of the risk on €5 billion of ING loans backing energy transition
-
3
Goldman Sachs: U.S. Stock Market Sees Worst Internal Divergence Since Pandemic, Institutions "Panic-Rushing into Value Stocks" Leads to Sharp Reversal in Tech Flows
-
4
Meta releases flagship AI model Muse Wonder, outperforming GPT-6 Astra and Claude Opus 5.5 in performance tests.
-
5
Intel and Broadcom CEOs warn that capital is the biggest bottleneck for AI, with Broadcom's CEO stating some investors are "gambling in a casino"; Musk responds: Don't cry when you're in a casino.
-
6
Samsung Electronics and SK Hynix shares fell due to concerns over Chinese competitors and comments from Broadcom.
-
7
TD Cowen: CFTC's New Crypto Regulatory Framework May Face Deadline Due to 2028 Election
-
8
BlackRock, the world's largest asset manager, has adjusted its core allocation: overweighting short-term U.S. Treasuries, and downgrading U.S. equities and MBS to neutral.
-
9
Canton Network records over $155 million in Q3 fees, CertiK says
-
10
Malaysia's King Sultan Ibrahim Iskandar acquired a S$6.1 million (US$4.8 million) stake in local rare earth miner Southern Alliance Mining Ltd, which is expanding its rare earth business.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
