Devendra's Podcast

Bitcoin (BTC) Exchange Outflows Hit 5-Year High, Address Activity Shoots 30%


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Division Network collaborates with Enjin to expand its metaverseBlockchain-based metaverse platform Division Network announced a collaboration with leading nonfungible ecosystem provider Enjin. As part of the development, Dvision will deploy Enjin’s APIs to connect its metaverse to five different blockchains. Dvision plans to deploy Enjin’s platform and API to mint unique nonfungible tokens.Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month HighThe latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to increase, as disclosed by IntoTheBlock. Ethereum has been experiencing an uptick in different areas. For instance, its crowd sentiment on Twitter recently hit a two-month high after the second-largest cryptocurrency based on market capitalization jumped above the $2,400 level. Bitcoin (BTC) Exchange Outflows Hit 5-Year High, Address Activity Shoots 30%As Bitcoin (BTC) continues to flirt around $40,000 levels, its fundamentals and on-chain metrics are showing significant improvement. On Wednesday, July 28, the Bitcoin blockchain registered the largest ever net outflows in 5 years since 2016. On this day, the exchange balance dropped by more than 60,000 Bitcoins in total. This is certainly a bullish indicator as a shortage in supply is likely to drive prices higher.Trade-in Cryptocurrency @ 0% Trading Fees at BuyUCoin Sign Up!Coupon to be used to claim FREE Cryptocurrency: "BUYUCOINFREEBTC" 100 INR worth of free Bitcoin, Ethereum, and Chainlink on signup.
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Devendra's PodcastBy Devendra