Bitcoin Flows To Binance As Other Exchanges Witness Accelerated Withdrawals –...
In recent market trends, there has been a significant withdrawal of Bitcoin from crypto exchanges or centralized exchanges, even as the price of BTC struggles with heightened volatility. However, this is not the case for investors on the Binance platform. On-chain data reveals that BTC is heavily flowing into the leading crypto exchange once again. […]
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Many social media users seem to be waiting for other crypto exchanges, including Coinbase and Kraken, to follow in Binance's and Celsius' footsteps by suspending withdrawals. Major crypto exchange Binance has announced that it had resumed Bitcoin withdrawals after more than three hours amid extreme market volatility. In an update during what many are calling cryptocurrency’s "Black Monday," Binance said on its website the exchange would be processing Bitcoin (BTC) network withdrawals within “the next couple of hours” following the resumption of activity. The platform announced Monday that....
It has been a heated start of the week for the crypto community. Crypto exchange Binance temporarily suspended withdrawals on the Bitcoin network. This happened the same day as Celsius halted all withdrawals, raising liquidity concerns. Naturally, many users started to worry about Binance as well. Disclaimer: The following op-ed represents the views of the […]
Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest. Global cryptocurrency exchanges are increasingly experiencing issues with Dogecoin (DOGE) withdrawals amid Redditors pumping the altcoin up to 900% in the past two days.On Jan. 28, a number of crypto users reported on Twitter that they were unable to withdraw their Dogecoin due to crypto exchanges temporarily halting withdrawals. The affected exchanges reportedly included some major crypto platforms like Poloniex, and reportedly Bittrex and Yobit.Some crypto users reported that they signed in....
The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens. Ethereum Network Congestion Fingered as the Culprit for the Temporary Halt Through the official Binance Twitter account, one of the world’s largest cryptocurrency exchanges by volume, announced that it had “temporarily suspended withdrawals of $ETH and ethereum-based tokens” due to network congestion while underscoring that user funds were SAFU (Secure Asset Fund for Users). #Binance has temporarily suspended withdrawals of $ETH....
Dogecoin withdrawals have been frozen on the leading crypto exchange Binance. The freeze has led investors to question the exchange’s motives. But it would seem that it was a move that was made out of necessity. It is not the first time that Dogecoin investors would be having problems with exchanges and trading platforms when […]