Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months

Share This Post

Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 MonthsAs the crypto landscape evolves, a significant tightening in bitcoin’s available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit’s latest halving report unveils the reasons behind this tightening grip, indicating a looming scarcity that could reshape market dynamics. Bitcoin Faces Unprecedented Supply Squeeze as Exchange Reserves Plummet According to […]

Read Entire Article
spot_img

Related Posts

TON Price Soars 9% On Pantera Capital’s Investment, Capitalizing On Telegram User Potential

Venture capital firm Pantera Capital has invested significantly in The Open Network blockchain The news, announced on Thursday, resulted in a 9% surge in the network’s native token, Toncoin

Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why

Bitcoin price found support near the $56,350 zone BTC is recovering higher, but the bears might be active near the $60,000 resistance zone Bitcoin is attempting a recovery wave from the $56,350

Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits

Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024 Tether registered a record-breaking $452 billion in

Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

An analyst has pointed out how Bitcoin recently closed below a historically important on-chain level, a failure to reclaim which could spell trouble for BTC Bitcoin Fell Below Short-Term Holder Cost

MoonPay Expands Crypto Purchasing Options For US Users With PayPal Integration

In a significant development, MoonPay, a crypto payment platform, has announced that users in the United States can now easily buy and sell over 110 cryptocurrencies using PayPal  The integration,

JPMorgan Waves Red Flag: Urges Caution As Crypto Market Teeters on Edge

In recent evaluations by JPMorgan analysts, cryptocurrencies’ future appears to be uncertain Despite the sector’s rapid expansion and increasing mainstream acceptance, the financial giant
- Advertisement -spot_img