The strike exacerbates geopolitical tensions, diminishing prospects for 
diplomatic resolutions and prolonging regional instability.
The post US-Israeli strike on IRGC site near isfahan lowers ceasefire odds 
appeared first on Crypto Briefing.

US-Israeli strike on IRGC site near isfahan lowers ceasefire odds

On-chain data shows the average Bitcoin exchange deposit has ballooned to a 
significant size, a potential sign that whales are making inflows. Average 
Bitcoin Exchange Inflow Hits 2.62 BTC As pointed out by CryptoQuant community 
analyst Maartunn in an X post, the mean Exchange Inflow has shot up for 
Bitcoin. The &#8220;Exchange Inflow&#8221; here refers to an indicator that keeps track of 
the BTC transactions that are heading toward centralized exchanges from self- 
custodial wallets. Related Reading: Dogecoin Network Comes Alive: Active 
Addresses Jump 28% In the context of the current topic, the version of the 
metric that&#8217;s of interest is the one tracking mean exchange deposits. That is, 
this indicator measures the size of the average transfer that&#8217;s being sent to 
exchange-related wallets. When the value of the metric is high, it means the 
average exchange inflow is significant in scale. Such a trend can be a sign 
that large entities are actively participating in exchange deposit activity. 
On the other hand, the indicator being low can suggest that smaller hands are 
the ones responsible for the current exchange inflows. Now, here is the chart 
shared by Maartunn that shows the trend in the 7-day exponential moving 
average (EMA) of the mean Bitcoin Exchange Inflow over the past year: As 
displayed in the above graph, the 7-day EMA of the mean Bitcoin Exchange 
Inflow has just observed a rapid surge, indicating that whales have 
potentially ramped up their deposit activity. Generally, one of the main 
reasons why investors transfer their coins to exchanges is for selling-related 
purposes, so this spike in the mean Exchange Inflow may be a sign that the 
big-money hands are preparing to exit from the cryptocurrency. The latest high 
level of the indicator isn&#8217;t ordinarily seen, serving as a rare signal for the 
network. &#8220;The average BTC transaction sent to exchanges climbed to 2.62 BTC, a 
level that typically only appears during high-stress market moves,&#8221; explained 
the analyst. From the chart, it&#8217;s visible that the last time the Exchange 
Inflow saw a similar surge was alongside the price crash at the start of 
February. It now remains to be seen whether the latest spike in the indicator 
will have any effect on the Bitcoin price. Related Reading: Recent Bitcoin 
Rally Saw Retail Shift To Selling, Glassnode Reveals In some other news, very 
old Bitcoin hands have shown activity recently, as Maartunn has highlighted in 
another X post. From the chart, it&#8217;s visible that multiple large transactions 
involving tokens older than ten years have been spotted on the blockchain over 
the past couple of days. In total, these transactions have broken dormancy for 
about 600 BTC, worth about $41.2 million right now. BTC Price Bitcoin has made 
some recovery from its lows as its price has climbed back to $68,500. Featured 
image from Dall-E, chart from TradingView.com

Bitcoin Exchange Inflows Flash Rare Signal As Large Deposits Return

Pezeshkian&#8217;s call for understanding highlights the complexity of US-Iran 
relations, with skepticism hindering immediate diplomatic progress.
The post Pezeshkian urges americans to see beyond rhetoric, tensions persist 
appeared first on Crypto Briefing.

Pezeshkian urges americans to see beyond rhetoric, tensions persist

According to the company CFO, Bithumb was “strengthen[ing] accounting policies 
and internal controls” ahead of its IPO plans, already delayed from 2025.

Crypto exchange Bithumb to delay IPO until after 2028: Report

EDX Markets Holding Company, Inc. applied to the Office of the Comptroller of 
the Currency (OCC) this week, seeking approval to organize EDX Trust, National 
Association as a de novo national trust bank in Chicago. EDX Markets Holding 
Company Files OCC Charter Application for Crypto Trust Bank The application 
was made public on Wednesday, April […]

Cryptocurrency price in BTC