Bitcoin Held in Exchange Wallets Rising at Pace of $1.16B a Month, Data Show
Bitcoin stashed in wallets tied to centralized cryptocurrency exchanges is rising at the fastest pace since May, indicating a potential pause in the bull market.
The increase in BTC holdings on exchanges suggests either a potential selling pressure or renewed investor confidence in centralized exchanges.
The inflow into exchange wallets has historically coincided with bull market breathers or price pullbacks. [ more ]
Google pulls Binance, other global crypto apps from India store | TechCrunch
Google has removed several crypto exchanges, including Binance and Kraken, from its Play Store in India due to alleged non-compliance with anti-money laundering rules.
This ban comes after Apple pulled the apps earlier this week and ISPs in India started blocking the URLs of the crypto exchange websites. [ more ]