Connect with us

Blockchain News

Bitcoin Exchange Outflow Volume Soars, Why Are BTC Holders Not Selling Off?

Avatar

Published

on

Amid the ongoing Bitcoin (BTC) bull cycle, it is evident that holders of the cryptocurrency are not selling off the asset.

As revealed by Glassnode data, Bitcoin’s Exchange Outflow Volume (7d MA) just reached a 1-month high of $102,299,130.40. This exchange outflow volume surpasses a similar record set by the first digital currency barely 2 days back.

Everyone is gradually catching onto the Bitcoin fever, with both retail and institutional investors stacking up on the cryptocurrency like never before. The signs of prosperity appeal to many, as Bitcoin has not just increased by over 483% year-to-date to be exchanging hands at $56,385.00 according to Coingecko, the coin has been tipped to rise by a bigger rate before the end of the year.

The Bitcoin exchange outflow volume is an on-chain metric that suggests the activity of the coin’s holders with respect to custody. With many transferring their assets away from exchanges, this indicates that the interest to sell or dispose of is not there. The data implies that Bitcoin may be seeing outflows into cold wallets, or for use in decentralized finance (DeFi) ecosystems. This is done with full confidence that the asset is poised to see bigger gains over time.

Also, other on-chain data shows that many more people are engaging in Bitcoin-related transactions as seen by the median transaction volume. Per a 7-day Moving Average data, the median transaction volume has reached a new 3-year high of $1,391.77 according to Glassnode.

The impressive strides of Bitcoin continue to be inspired by the community, which continues to profess good tidings about the potentials of the cryptocurrency. Due to this, more conservative investors in the financial market, including gold bulls such as Jeffrey Gundlach, are beginning to see BTC as the best stimulus asset.

Image source: Shutterstock Source: https://Blockchain.News/news/bitcoin-exchange-outflow-volume-soars-why-are-btc-holders-not-selling-off

Blockchain

Parity Will Give Lecture At Berkeley On Developing Projects On Polkadot

Dr. Gavin Wood of Parity will give lecture at Berkeley as the co-founder of Polkadot and Ethereum after the partnership between the blockchain program at the university and Parity so let’s read more in our latest blockchain news. The DLT protocol Parity Technologies partnered with Berkley’s Blockchain Xcelerator program in order to provide educational panels […]

Avatar

Published

on

Dr. Gavin Wood of Parity will give lecture at Berkeley as the co-founder of Polkadot and Ethereum after the partnership between the blockchain program at the university and Parity so let’s read more in our latest blockchain news.

The DLT protocol Parity Technologies partnered with Berkley’s Blockchain Xcelerator program in order to provide educational panels for students in the blockchain curriculum of the university. As a part of the collaboration, the co-founder of Polkadot Gavin Wood will be a guest lecturer in the Richard Newton Distinguished Innovator Lecture Series.

According to the document, Parity will give lecture by employing the substrate blockchain-building framework to work and educate the university in order to raise the “overall awareness of next-generation blockcahin technologies in order to promote adoption among students and the community at UC Berkley.”  Parity’s developer education team will collaborate with the students, the faculty, and the community that studies blockcahin technology and will also help with the curriculum preparation, resources, and project ideas.

dot steadied, polkadot, price, support, level

Parity and the DLT-oriented program of the university called the Berkeley Blockchain Xcelerator that will advise students and future entrepreneurs to educate them on developing and launching blockchain startups on Web 3.0 and Polkadot’s ecosystem. Jocelyn Weber who is an executive at the Berkeley Blockchain Xcelerator said that working with Polkadot and Parity ecosystem startups shows the strong potential of this technology in educating the community:

 “We strive to expose our students to the tools and skills they will need to enter this space and immediately start making significant contributions – which is why improving their knowledge with tools such as Substrate and networks like Polkadot will be an important part of our curriculum development.”

Gavin Wood
Gavin Wood, Source: Twitter

The statement outlined that Woods as the co-founder of Ethereum, Parity, and Polkadot will give a lecture in the Richard Newton Distinguished Innovator Lecture this month. Wood said that blockchain innovation will continue expanding at a fast pace and it even advanced beyond legacy networks into the next generation as well as production-grade blockchains like Polkadot. This makes it critical for the coders, engineers, entrepreneurs to take on the growing competition and work on ground-breaking projects.

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
Source: https://www.dcforecasts.com/blockchain-news/parity-will-give-lecture-at-berkeley-on-developing-projects-on-polkadot/

Continue Reading

Blockchain

Parity Will Give Lecture At Berkeley On Developing Projects On Polkadot

Dr. Gavin Wood of Parity will give lecture at Berkeley as the co-founder of Polkadot and Ethereum after the partnership between the blockchain program at the university and Parity so let’s read more in our latest blockchain news. The DLT protocol Parity Technologies partnered with Berkley’s Blockchain Xcelerator program in order to provide educational panels […]

Avatar

Published

on

Dr. Gavin Wood of Parity will give lecture at Berkeley as the co-founder of Polkadot and Ethereum after the partnership between the blockchain program at the university and Parity so let’s read more in our latest blockchain news.

The DLT protocol Parity Technologies partnered with Berkley’s Blockchain Xcelerator program in order to provide educational panels for students in the blockchain curriculum of the university. As a part of the collaboration, the co-founder of Polkadot Gavin Wood will be a guest lecturer in the Richard Newton Distinguished Innovator Lecture Series.

According to the document, Parity will give lecture by employing the substrate blockchain-building framework to work and educate the university in order to raise the “overall awareness of next-generation blockcahin technologies in order to promote adoption among students and the community at UC Berkley.”  Parity’s developer education team will collaborate with the students, the faculty, and the community that studies blockcahin technology and will also help with the curriculum preparation, resources, and project ideas.

dot steadied, polkadot, price, support, level

Parity and the DLT-oriented program of the university called the Berkeley Blockchain Xcelerator that will advise students and future entrepreneurs to educate them on developing and launching blockchain startups on Web 3.0 and Polkadot’s ecosystem. Jocelyn Weber who is an executive at the Berkeley Blockchain Xcelerator said that working with Polkadot and Parity ecosystem startups shows the strong potential of this technology in educating the community:

 “We strive to expose our students to the tools and skills they will need to enter this space and immediately start making significant contributions – which is why improving their knowledge with tools such as Substrate and networks like Polkadot will be an important part of our curriculum development.”

Gavin Wood
Gavin Wood, Source: Twitter

The statement outlined that Woods as the co-founder of Ethereum, Parity, and Polkadot will give a lecture in the Richard Newton Distinguished Innovator Lecture this month. Wood said that blockchain innovation will continue expanding at a fast pace and it even advanced beyond legacy networks into the next generation as well as production-grade blockchains like Polkadot. This makes it critical for the coders, engineers, entrepreneurs to take on the growing competition and work on ground-breaking projects.

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
Source: https://www.dcforecasts.com/blockchain-news/parity-will-give-lecture-at-berkeley-on-developing-projects-on-polkadot/

Continue Reading

Blockchain

Parity Will Give Lecture At Berkeley On Developing Projects On Polkadot

Dr. Gavin Wood of Parity will give lecture at Berkeley as the co-founder of Polkadot and Ethereum after the partnership between the blockchain program at the university and Parity so let’s read more in our latest blockchain news. The DLT protocol Parity Technologies partnered with Berkley’s Blockchain Xcelerator program in order to provide educational panels […]

Avatar

Published

on

Dr. Gavin Wood of Parity will give lecture at Berkeley as the co-founder of Polkadot and Ethereum after the partnership between the blockchain program at the university and Parity so let’s read more in our latest blockchain news.

The DLT protocol Parity Technologies partnered with Berkley’s Blockchain Xcelerator program in order to provide educational panels for students in the blockchain curriculum of the university. As a part of the collaboration, the co-founder of Polkadot Gavin Wood will be a guest lecturer in the Richard Newton Distinguished Innovator Lecture Series.

According to the document, Parity will give lecture by employing the substrate blockchain-building framework to work and educate the university in order to raise the “overall awareness of next-generation blockcahin technologies in order to promote adoption among students and the community at UC Berkley.”  Parity’s developer education team will collaborate with the students, the faculty, and the community that studies blockcahin technology and will also help with the curriculum preparation, resources, and project ideas.

dot steadied, polkadot, price, support, level

Parity and the DLT-oriented program of the university called the Berkeley Blockchain Xcelerator that will advise students and future entrepreneurs to educate them on developing and launching blockchain startups on Web 3.0 and Polkadot’s ecosystem. Jocelyn Weber who is an executive at the Berkeley Blockchain Xcelerator said that working with Polkadot and Parity ecosystem startups shows the strong potential of this technology in educating the community:

 “We strive to expose our students to the tools and skills they will need to enter this space and immediately start making significant contributions – which is why improving their knowledge with tools such as Substrate and networks like Polkadot will be an important part of our curriculum development.”

Gavin Wood
Gavin Wood, Source: Twitter

The statement outlined that Woods as the co-founder of Ethereum, Parity, and Polkadot will give a lecture in the Richard Newton Distinguished Innovator Lecture this month. Wood said that blockchain innovation will continue expanding at a fast pace and it even advanced beyond legacy networks into the next generation as well as production-grade blockchains like Polkadot. This makes it critical for the coders, engineers, entrepreneurs to take on the growing competition and work on ground-breaking projects.

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
Source: https://www.dcforecasts.com/blockchain-news/parity-will-give-lecture-at-berkeley-on-developing-projects-on-polkadot/

Continue Reading

Blockchain

Ghana’s central bank launches a regulatory sandbox prioritizing blockchain-related companies.

Ghana’s central bank has launched a regulatory and innovation sandbox, focusing on projects building on blockchain technology. The sandbox is in line with the bank’s pledge to drive financial inclusion through innovative digital financial services. It will be available to banks, payment service providers, and deposit-taking institutions. The Bank of Ghana launched the sandbox in […]

Avatar

Published

on

Ghana’s central bank has launched a regulatory and innovation sandbox, focusing on projects building on blockchain technology. The sandbox is in line with the bank’s pledge to drive financial inclusion through innovative digital financial services. It will be available to banks, payment service providers, and deposit-taking institutions. The Bank of Ghana launched the sandbox in […] Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
Source: https://coinnounce.com/ghanas-central-bank-launches-a-regulatory-sandbox/

Continue Reading
Esports3 days ago

PowerOfEvil on TSM’s Spring Split playoff preparation: ‘A lot of things are going to change in the next couple of days’

Gaming2 days ago

Betfred Sports, Represented by SCCG Management, Signs Multi-year Marketing Agreement with the Colorado Rockies

Blockchain1 day ago

‘Bitcoin Senator’ Lummis Optimistic About Crypto Tax Reform

Blockchain1 day ago

Dogecoin becomes the most popular cryptocurrency

AR/VR2 days ago

‘Farpoint’ Studio Impulse Gear Announces a New VR Game Coming This Year

Blockchain1 day ago

NEXT Chain: New Generation Blockchain With Eyes on the DeFi Industry

Aerospace3 days ago

Astra’s 100-year plan: Q&A with CEO Chris Kemp

Blockchain1 day ago

Bitcoin Price Analysis: Back Above $50K, But Facing Huge Resistance Now

Blockchain1 day ago

Billionaire Hedge Fund Manager and a Former CFTC Chairman Reportedly Invested in Crypto Firm

Cyber Security3 days ago

How you can get someone’s Snapchat password?

Blockchain1 day ago

Institutional Investors Continue to Buy Bitcoin as Price Tops $50K: Report

Esports3 days ago

How to download Pokemon Unite APK, iOS, and Switch

Payments3 days ago

4-parter on Coinbase “IPO” – Part 1 = 5 Reasons Why It Matters

Aerospace3 days ago

Partners produce rotor blade 3D-printed tool on Ingersoll 3D printer

Cyber Security3 days ago

Critical Vulnerability Discovered in a Firewall Appliance Made by Genua

Automotive4 days ago

Rivian shares details on the R1T pickup’s clever battery heating strategies

HRTech3 days ago

Only 57% Indian employees feel GTL insurance cover by employer is sufficient

Blockchain3 days ago

Logan Paul Makes New NFT Pokemon Card Unboxing Highlights, Sells Out

Cyber Security4 days ago

Most Popular Software Trends for 2021

Aviation3 days ago

Uganda Airlines To Fly The Rare Airbus A330-800 To London Heathrow

Trending