[ad_2][ad_1] Investors in gold are becoming anxious, as the prices of the precious metal have fallen sharply since a number of vaccine companies revealed drugs to fight the coronavirus. The price of one ounce of fine gold is valued at $ 1,770 per unit after the precious metal posted its …
Read More »The record outflow of gold “is not going into ripples,” only Bitcoin, says the fund manager
[ad_2][ad_1] The ongoing Bitcoin (BTC) rally has been driven primarily by institutions, analysts say, with metrics like CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative. At the same time, the gold market has seen large outflows in recent weeks. On November 24, independent financial researcher Jan …
Read More »OKEx sees largest bitcoin outflow in 6 months shortly after resumption of withdrawals
[ad_2][ad_1] Cryptocurrency exchange OKEx experienced a major bitcoin outflow minutes after lifting a five-week withdrawal hold at 08:00 UTC on Thursday. Approximately 2,822 BTC was moved by OKEx to block number 658,728 mined at 08:12 UTC. This is the largest single block outflow since May 2019, according to blockchain analytics …
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