New updates on the on-chain situation of cryptocurrencies: Tether (USDT) is seeing an increase in its presence on exchanges, giving positive stimuli for increased market volatility. Meanwhile, BTC is moving in the opposite direction and marking multi-year lows in the reserves on exchanges. Are we about to enter a bull market? We delve deeper in this article. Tether (USDT) reserves on exchanges are rising while Bitcoin reserves hit multi-year lows Good news for the crypto market is emerging from on-chain data: the reserves on exchanges of Tether USDT (ERC-20), the largest stablecoin by market capitalization, are on the rise. Specifically,Go to Source
Author: coinmaker