High Bitcoin Fees? Binance Just Moved $550 Million for $5 Bucks

Bitcoin’s benefits over fiat unexpectedly hit the spotlight again May 31 after cryptocurrency exchange Binance generated a giant transaction while moving funds. Bitcoin Moves Half A Billion In Minutes Data from Whale Alerts, which monitors transactions on cryptocurrency blockchains, initially worried commentators after showing a series of transactions worth over $500 million. “This was an internal Binance transfer. No need to panic,” staff subsequently clarified. Attention subsequently turned to a different aspect of the transactions … Continue reading High Bitcoin Fees? Binance Just Moved $550 Million for $5 Bucks