{"id":485648,"date":"2022-03-10T19:00:11","date_gmt":"2022-03-10T19:00:11","guid":{"rendered":"https:\/\/ktsl888.com\/?p=485648"},"modified":"2024-06-11T14:18:13","modified_gmt":"2024-06-11T14:18:13","slug":"usdc-inflow-spikes-dry-powder-new-bitcoin-rally","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/","title":{"rendered":"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?"},"content":{"rendered":"

On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies.<\/p>\n

USDC Exchange Inflow Sharply Rose To High Values Recently<\/h2>\n

As explained by an analyst in a CryptoQuant post<\/a>, almost one billion USDC has flowed into exchanges recently. Past pattern suggests this may lead to uptrend for Bitcoin.<\/p>\n

The “USD Coin exchange inflow<\/a>” is an indicator that measures the total amount of the stablecoin entering wallets of all exchanges within a given period.<\/p>\n

When the value of this indicator moves up, it means investors are depositing a higher amount of coins at the moment. Usually, holders transfer stablecoins to exchanges for converting them into a volatile crypto, like Bitcoin. They may also withdraw the coins to fiat.<\/p>\n

Investors use stablecoins like USDC<\/a> when they want to exit volatile markets and hold on until prices are favorable enough for re-entering them. This implies that high stablecoin exchange inflows may show that prices are once again good for re-entry.<\/p>\n

Related Reading |\u00a0Bitcoin Trading Volume Has Now Stabilized At High Values, But For How Long?<\/a><\/em><\/strong><\/p>\n

Now, here is a chart that shows the trend in the USD Coin exchange inflows over the past year:<\/p>\n

\"USDC<\/p>\n

Looks like the value of the metric has surged up to high values recently | Source: CryptoQuant<\/a><\/pre>\n
As you can see in the above graph, the USDC inflow has spiked up over the past few weeks. These inflows have amounted to around 1 billion coins.<\/p>\n
There were two other instances earlier during the period where similar values were also observed. Looking at the Bitcoin price curve in the same chart, it seems like some time following such large spikes in the indicator, the value of the crypto has always surged up as well.<\/p>\n
Related Reading |\u00a0Bitcoin Exchange Reserve Has Now Reached An Equilibrium After 2 Years Of Downtrend<\/a><\/em><\/strong><\/p>\n
This makes sense as many investors deposit the USDC for converting to BTC, so such inflows provide for a fresh supply of dry powder for sustaining a rally.<\/p>\n
Now it remains to be seen whether a similar effect on the price of Bitcoin will also be there this time, or if this USDC inflow will pump some other coins instead.<\/p>\n
Bitcoin Price<\/h2>\n
At the time of writing, Bitcoin’s price<\/a> floats around $39.2k, down 10% in the last seven days. Over the past month, the crypto has lost 11% in value.<\/p>\n
The below chart shows the trend in the price of the coin over the last five days.<\/p>\n
\"Bitcoin<\/p>\n
BTC's price seems to have dropped down once again today | Source: BTCUSD on TradingView<\/a><\/pre>\n
Yesterday, Bitcoin showed some sharp uptrend and broke above the $42k level again. However, today the coin looks to have plunged down once more.<\/p>\n
Featured image from Unsplash.com, charts from TradingView.com, CryptoQaunt.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC Exchange Inflow Sharply Rose To High Values Recently As explained by an analyst in a CryptoQuant post, almost one billion USDC has flowed into exchanges recently. Past pattern suggests this may lead to uptrend for Bitcoin. The “USD Coin exchange inflow” is an indicator that measures the total amount of the stablecoin entering wallets of all exchanges within a given period. When the value of this indicator moves up, it means investors are depositing a higher amount of coins at the moment. Usually, holders transfer stablecoins to exchanges for converting them into a volatile crypto, like Bitcoin. They may also withdraw the coins to fiat. Investors use stablecoins like USDC when they want to exit volatile markets and hold on until prices are favorable enough for re-entering them. This implies that high stablecoin exchange inflows may show that prices are once again good for re-entry. Related Reading |\u00a0Bitcoin Trading Volume Has Now Stabilized At High Values, But For How Long? Now, here is a chart that shows the trend in the USD Coin exchange inflows over the past year: Looks like the value of the metric has surged up to high values recently | Source: CryptoQuant As you can see in the above graph, the USDC inflow has spiked up over the past few weeks. These inflows have amounted to around 1 billion coins. There were two other instances earlier during the period where similar values were also observed. Looking at the Bitcoin price curve in the same chart, it seems like some time following such large spikes in the indicator, the value of the crypto has always surged up as well. Related Reading |\u00a0Bitcoin Exchange Reserve Has Now Reached An Equilibrium After 2 Years Of Downtrend This makes sense as many investors deposit the USDC for converting to BTC, so such inflows provide for a fresh supply of dry powder for sustaining a rally. Now it remains to be seen whether a similar effect on the price of Bitcoin will also be there this time, or if this USDC inflow will pump some other coins instead. Bitcoin Price At the time of writing, Bitcoin’s price floats around $39.2k, down 10% in the last seven days. Over the past month, the crypto has lost 11% in value. The below chart shows the trend in the price of the coin over the last five days. BTC’s price seems to have dropped down once again today | Source: BTCUSD on TradingView Yesterday, Bitcoin showed some sharp uptrend and broke above the $42k level again. However, today the coin looks to have plunged down once more. Featured image from Unsplash.com, charts from TradingView.com, CryptoQaunt.com<\/p>\n","protected":false},"author":542,"featured_media":485659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,85026,85656,15241,16374,16680,85657],"class_list":["post-485648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-exchange-inflows","tag-stablecoin-inflow","tag-stablecoins","tag-usd-coin","tag-usdc","tag-usdc-inflows"],"acf":[],"yoast_head":"\nUSDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?<\/title>\n<meta name=\"description\" content=\"On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?\" \/>\n<meta property=\"og:description\" content=\"On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-10T19:00:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:18:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1703\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?\",\"datePublished\":\"2022-03-10T19:00:11+00:00\",\"dateModified\":\"2024-06-11T14:18:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/\"},\"wordCount\":435,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"exchange inflows\",\"Stablecoin inflow\",\"Stablecoins\",\"USD Coin\",\"USDC\",\"USDC Inflows\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/\",\"url\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/\",\"name\":\"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703\",\"datePublished\":\"2022-03-10T19:00:11+00:00\",\"dateModified\":\"2024-06-11T14:18:13+00:00\",\"description\":\"On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703\",\"width\":2560,\"height\":1703,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/ktsl888.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?","description":"On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/","og_locale":"en_US","og_type":"article","og_title":"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?","og_description":"On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC","og_url":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-03-10T19:00:11+00:00","article_modified_time":"2024-06-11T14:18:13+00:00","og_image":[{"width":2560,"height":1703,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703","type":"image\/jpeg"}],"author":"Keshav Verma","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?","datePublished":"2022-03-10T19:00:11+00:00","dateModified":"2024-06-11T14:18:13+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/"},"wordCount":435,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703","keywords":["bitcoin","btc","btcusd","exchange inflows","Stablecoin inflow","Stablecoins","USD Coin","USDC","USDC Inflows"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/","url":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/","name":"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703","datePublished":"2022-03-10T19:00:11+00:00","dateModified":"2024-06-11T14:18:13+00:00","description":"On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703","width":2560,"height":1703,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/ktsl888.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?","url":"http:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","exchange inflows","stablecoin inflow","stablecoins","usd coin","usdc","usdc inflows"],"dateCreated":"2022-03-10T19:00:11Z","datePublished":"2022-03-10T19:00:11Z","dateModified":"2024-06-11T14:18:13Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/usdc-inflow-spikes-dry-powder-new-bitcoin-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"exchange inflows\",\"stablecoin inflow\",\"stablecoins\",\"usd coin\",\"usdc\",\"usdc inflows\"],\"dateCreated\":\"2022-03-10T19:00:11Z\",\"datePublished\":\"2022-03-10T19:00:11Z\",\"dateModified\":\"2024-06-11T14:18:13Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/kanchanara-VVZoZm6brnc-unsplash-scaled.jpg?fit=2560%2C1703","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/485648"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=485648"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/485648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/485659"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=485648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=485648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=485648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}