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The last time we saw this amount of #Bitcoin that had not moved in over a year, was in early 2016 – preceding $BTC's bull run to $20k.
Paxful takes P2P lead from Localbitcoins.com
Source: The Block
During the week that ended June 6, Paxful users traded nearly $39.8 million, pushing LocalBitcoins, which saw just over $39.5 million, into the second position for the first time. In the weeks following, Paxful has only increased its lead, registering more than $44.7 million to LocalBitcoins’s $37.9 million during the week that ended June 20.
Source: The Block
During the week that ended June 6, Paxful users traded nearly $39.8 million, pushing LocalBitcoins, which saw just over $39.5 million, into the second position for the first time. In the weeks following, Paxful has only increased its lead, registering more than $44.7 million to LocalBitcoins’s $37.9 million during the week that ended June 20.
Lately, our team has been exploring a number of ways to continually unlock as much alpha from the ever evolving crypto markets. One area we believe holds a lot of promise is AI and one project is Jarvis Labs. Led by Ben Lilly, Jarvis Labs is the leading AI trading algorithm encompassing both bitcoin spot and derivative markets (including options). Please find attached their Q2 Market Outlook.