RATE Group | Cryptocurrency News Roundup For April 15, 2020
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Cryptocurrency News Roundup For April 15, 2020

27 Apr Cryptocurrency News Roundup For April 15, 2020

Posted at 16:35h in Cryptocurrency News by

A new report by on-chain analysis platform Glassnode has revealed that new user activity on the Bitcoin has grown nearly three-fold over the past month. The data further strengthens previous reports claiming that the number of new users on several cryptocurrency exchanges has increased substantially since the beginning of the COVID-19 lockdown.

The report further stated that despite the spike in onboarding new users, Bitcoin balances on these exchanges continue to fall. This could simply mean that most investors are withdrawing their BTC stashes with the intention of ‘hodling’ rather than indulging in short-term trading.

Meanwhile, in other important news from Wednesday:

The First Images of China’s Digital Yuan

A few ‘leaked’ screenshots appeared on social media earlier today claiming that they were the first visual confirmations of a beta version of China’s much-awaited central bank digital currency (CBDC). Note that BeInCrypto has not…

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