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Bitcoin Withdrawals Near Record as Investors Pull $2 Billion from Exchanges


Bitcoin exchanges recorded a near-record outflow of $2.3 billion, approaching the highest withdrawal rates seen in its history with least Bitcoin assets available in all platforms since 2018. The post Bitcoin Withdrawals Near Record as Investors Pull $2 Billion from Exchanges appeared first...

Coinbase States Americans Could Have Saved at Least $74 Billion Using Crypto


Coinbase, a leading U.S. cryptocurrency exchange, claims that Americans could have saved at least $74 million in 2022 by leveraging crypto tech instead of using credit cards as payment options. In its latest State of Crypto report, Coinbase reveals how traditional finance system institutions keep...

At Least 18 U.S. Senators Show Support for Crypto, Data Reveals


Recent data from Coinbase’s nonprofit advocacy organization, Stand with Crypto, reveals a growing divide among U.S. senators regarding their stance on cryptocurrency. At least 18 senators in the United States are currently supportive of crypto, while 30 senators stand in opposition. Stand...

Polygon Nearly Matches Ethereum in Crypto User Acquisition in 2023


Layer-2 scaling network Polygon (MATIC) came close to matching Ethereum (ETH) in terms of crypto user acquisition in 2023. According to blockchain analytics firm Flipside, Polygon acquired an impressive 15.24 million users during the year, falling just shy of Ethereum’s 15.4 million users....

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