How big banks are becoming ‘Bitcoin whales’

By 2024-03-01Science & Tech

Cryptocurrency exchanges act like banks for crypto-users. You can exchange your traditional money like dollars or pounds for Bitcoin and other digital tokens. K33 researchers estimate that about 2.3 million bitcoins are kept by exchanges, either on behalf of customers or as float. Binance is the world’s largest exchange and is estimated to have about 550,000 bitcoins – followed by Bitfinex (403,000), Coinbase (386,000), Robinhood (146 ... Read even more

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