2 factors are combining to take bitcoin to new heights

Currently, moves are taking shape that could push the price of bitcoin (BTC) to higher levels. Two key factors are converging and They project a possible increase in the price of bitcoinwhich could also drag the entire cryptocurrency market into an uptrend. The first factor is related to BTC reserves on exchanges. These reserves have … Read more

USDT inflows into exchanges skyrocket: bullish signal for bitcoin

Amid Bitcoin’s (BTC) rally to around $57,000, key stablecoin movements are emerging in the market. Stablecoin reserves on exchanges have increased rapidly since August, as shown by the purple line in the chart below. This is due to increasing balances in tether (USDT), while other niche coins such as USDC and BUSD have seen a … Read more