Bitcoin daily withdrawals challenge records as $2B leaves exchanges

Bitcoin is exiting exchanges at the fastest pace since mid-2021 and is on track to set new historic records in U.S. dollar terms. Read more »

Binance US asks users to convert USD into stablecoins for withdrawals

Binance.US users “may convert” their USD funds to stablecoins or other digital assets in order to withdraw USD funds from their accounts, the firm said. Read more »

No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto

Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise. Read more »

Bitcoin’s ‘Great Accumulation,’ Binance.US resumes fiat withdrawals, and other news: Hodler’s Digest, June 18-24

Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation. Read more »

Celsius moves $781M in stETH just as Lido withdrawals open

The bankrupt crypto lender has been moving its massive stash of staked Ethereum. Read more »

BlockFi limits platform activity, including a halt on client withdrawals

“We intend to communicate as frequently as possible […] but anticipate that this will be less frequent than what our clients and other stakeholders are used to.” Read more »