Stablecoin Exchange Inflows See Major Drop: Bad For Bitcoin?

Categories
Bitcoin, btc, btcusd, Ethereum stablecoins, Stablecoin, Stablecoin Exchange Inflows, Stablecoin Inflows, Stablecoins, Stables

On-chain data shows that stablecoin exchange inflows have seen a sharp drop recently. This could be bearish for the Bitcoin price. Ethereum-Based Stablecoins Have Seen Low Exchange Deposits Recently As CryptoQuant author Axel Adler Jr. pointed out in a post on X, the exchange inflows of Ethereum-based stablecoins have recently dropped below the 90-day average. […]

Stablecoins Record $4B Inflows: What It Means For Bitcoin

Categories
Bitcoin, Bitcoin Bullish, btc, btcusd, Stablecoin, Stablecoin Inflows, Stablecoin Supply, Stablecoins, Stables

On-chain data shows stablecoins have recorded more than $4 billion in inflows in the past month. Here’s why this could be relevant for Bitcoin. Stablecoin Market Cap Has Enjoyed Some Notable Growth Recently According to data from the on-chain analytics firm Glassnode, the aggregate supply of stablecoins has been going through an expansion since October […]