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Binance halts Bitcoin withdrawals twice and sees largest Bitcoin outflow, sparks concerns
Binance halted Bitcoin withdrawals twice while seeing the largest Bitcoin outflow. Bitcoin Network was congested. Crypto thriving during the banking crisis. China recognizes crypto to settle debts. Bitcoin is one of the truly scarce commodities.
Welcome to Daily Digest. We surface trending news in crypto-based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
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Binance saw the largest Bitcoin outflow, with around $4.6B leaving the exchange. Binance later said it was internal wallets moving BTC around
Binance halted Bitcoin withdrawals twice and cites network congestion as the reason. With the outflows users saw on the chain, it sparked concerns
Bitcoin Network had almost 400k unconfirmed transactions and surging fees over the weekend
No wonder there are so many meme coins popping up when you can create one in less than 23 seconds
China recognizes the use of cryptocurrencies to settle debts
Bullish - Bitcoin is the only truly scarce commodity on Earth. Pump it
While it’s not what we want to see, it is the reason behind crypto’s existence as crypto sees adoption in the midst of the banking crisis
Florida is not going to work with CBDC’s