{"id":600326,"date":"2024-03-29T18:30:35","date_gmt":"2024-03-29T18:30:35","guid":{"rendered":"https:\/\/ktsl888.com\/?p=600326"},"modified":"2024-06-11T07:10:48","modified_gmt":"2024-06-11T07:10:48","slug":"coinbase-sees-largest-usdc-inflow-ever-bitcoin","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/","title":{"rendered":"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin"},"content":{"rendered":"

On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here’s why this may be relevant for Bitcoin.<\/p>\n

Coinbase Has Just Seen A $1.4 Billion USDC Inflow<\/h2>\n

As pointed out by analyst Maartunn in a post<\/a> on X, a large amount of USDC has flowed into Coinbase during the past day. The on-chain indicator of interest here is the “exchange inflow<\/a>,” which keeps track of the total amount of a given asset entering into the wallets associated with a centralized exchange or group of platforms.<\/p>\n

Related Reading: Bitcoin Bull Flag Could Predict 10% Surge To $77,000, Analyst Explains<\/a><\/div>\n

A spike in the exchange inflow can indicate that investors are interested in trading away the cryptocurrency. In the case of an asset like Bitcoin, such a trend can naturally be a bearish signal for the price.<\/p>\n

In the context of the current discussion, though, a stablecoin<\/a> is of focus. While USDC exchange inflows would also imply that the holder wants to sell the asset, the transaction wouldn’t affect the price since, by nature, the coin always remains stable at around $1.<\/p>\n

This doesn’t mean that the sale of USD Coin isn’t of interest to the cryptocurrency sector as a whole, however. If investors are swapping stable coins in favor of volatile coins like BTC, then the prices of these latter assets would observe a buying effect.<\/p>\n

Now, here is a chart that shows the trend in the USDC exchange inflow over the past month:<\/p>\n

\"USDC<\/p>\n

The value of the metric seems to have been quite high in recent days | Source: @JA_Maartun on X<\/a><\/pre>\n
The above graph shows that the USDC exchange inflow has just registered a huge spike. According to Maartunn, this inflow was headed towards the cryptocurrency exchange Coinbase<\/a>.<\/p>\n
In total, $1.4 billion worth of the stablecoin has entered the platform’s wallets with this inflow, the largest the exchange has ever observed. Given the extraordinary scale, this could prove to be quite bullish for Bitcoin and others if the entity behind the inflow is planning to go on a buying run with this dry powder.<\/p>\n
There also exists the scenario, however, where the whale actually intends to trade away the USD Coin stack in favor of fiat rather than using it to buy other cryptocurrencies. In such a case, a net amount of capital would be exiting the sector, which would be a bearish sign.<\/p>\n
Related Reading: Dogecoin Soars 17% To Break $0.21 As Volume Explodes<\/a><\/div>\n
It now remains to be seen whether the massive USDC deposit indeed ends up causing any noticeable fluctuations in the volatile side of the market, particularly in the price of Bitcoin.<\/p>\n
Bitcoin Price<\/h2>\n
Bitcoin had observed sharp bullish momentum earlier to cross above the $70,000 level, but since then, the asset has fallen back to sideways movement, with its price remaining unchanged.<\/p>\n
\"Bitcoin<\/p>\n
The price of the coin appears to have been consolidating in the last few days | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from iStock.com, CryptoQuant.com, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here’s why this may be relevant for Bitcoin. Coinbase Has Just Seen A $1.4 Billion USDC Inflow As pointed out by analyst Maartunn in a post on X, a large amount of USDC has flowed into Coinbase during the past day. The on-chain indicator of interest here is the “exchange inflow,” which keeps track of the total amount of a given asset entering into the wallets associated with a centralized exchange or group of platforms. Related Reading: Bitcoin Bull Flag Could Predict 10% Surge To $77,000, Analyst Explains A spike in the exchange inflow can indicate that investors are interested in trading away the cryptocurrency. In the case of an asset like Bitcoin, such a trend can naturally be a bearish signal for the price. In the context of the current discussion, though, a stablecoin is of focus. While USDC exchange inflows would also imply that the holder wants to sell the asset, the transaction wouldn’t affect the price since, by nature, the coin always remains stable at around $1. This doesn’t mean that the sale of USD Coin isn’t of interest to the cryptocurrency sector as a whole, however. If investors are swapping stable coins in favor of volatile coins like BTC, then the prices of these latter assets would observe a buying effect. Now, here is a chart that shows the trend in the USDC exchange inflow over the past month: The value of the metric seems to have been quite high in recent days | Source: @JA_Maartun on X The above graph shows that the USDC exchange inflow has just registered a huge spike. According to Maartunn, this inflow was headed towards the cryptocurrency exchange Coinbase. In total, $1.4 billion worth of the stablecoin has entered the platform’s wallets with this inflow, the largest the exchange has ever observed. Given the extraordinary scale, this could prove to be quite bullish for Bitcoin and others if the entity behind the inflow is planning to go on a buying run with this dry powder. There also exists the scenario, however, where the whale actually intends to trade away the USD Coin stack in favor of fiat rather than using it to buy other cryptocurrencies. In such a case, a net amount of capital would be exiting the sector, which would be a bearish sign. Related Reading: Dogecoin Soars 17% To Break $0.21 As Volume Explodes It now remains to be seen whether the massive USDC deposit indeed ends up causing any noticeable fluctuations in the volatile side of the market, particularly in the price of Bitcoin. Bitcoin Price Bitcoin had observed sharp bullish momentum earlier to cross above the $70,000 level, but since then, the asset has fallen back to sideways movement, with its price remaining unchanged. The price of the coin appears to have been consolidating in the last few days | Source: BTCUSD on TradingView Featured image from iStock.com, CryptoQuant.com, chart from TradingView.com<\/p>\n","protected":false},"author":542,"featured_media":600354,"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":[428,5493,88035,1119,1144,1393,91966,16374,16680,91967],"class_list":["post-600326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-buying","tag-bitcoin-buying-pressure","tag-btc","tag-btcusd","tag-coinbase","tag-coinbase-inflow","tag-usd-coin","tag-usdc","tag-usdc-inflow"],"acf":[],"yoast_head":"\nCoinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin<\/title>\n<meta name=\"description\" content=\"On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow ever. Here's why this may be relevant for Bitcoin.\" \/>\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\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin\" \/>\n<meta property=\"og:description\" content=\"On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow ever. Here's why this may be relevant for Bitcoin.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/\" \/>\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=\"2024-03-29T18:30:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:10:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299\" \/>\n\t<meta property=\"og:image:width\" content=\"2309\" \/>\n\t<meta property=\"og:image:height\" content=\"1299\" \/>\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\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin\",\"datePublished\":\"2024-03-29T18:30:35+00:00\",\"dateModified\":\"2024-06-11T07:10:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/\"},\"wordCount\":472,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299\",\"keywords\":[\"bitcoin\",\"Bitcoin buying\",\"Bitcoin Buying Pressure\",\"btc\",\"btcusd\",\"coinbase\",\"Coinbase Inflow\",\"USD Coin\",\"USDC\",\"USDC Inflow\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/\",\"url\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/\",\"name\":\"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299\",\"datePublished\":\"2024-03-29T18:30:35+00:00\",\"dateModified\":\"2024-06-11T07:10:48+00:00\",\"description\":\"On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow ever. Here's why this may be relevant for Bitcoin.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299\",\"width\":2309,\"height\":1299,\"caption\":\"Investor data and information analysis chart for planning in strategy of stock market money or fund. Invest for earning or profit. Investment in business and financial concept of growth and success\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin\"}]},{\"@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":"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin","description":"On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow ever. Here's why this may be relevant for Bitcoin.","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\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/","og_locale":"en_US","og_type":"article","og_title":"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin","og_description":"On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow ever. Here's why this may be relevant for Bitcoin.","og_url":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-03-29T18:30:35+00:00","article_modified_time":"2024-06-11T07:10:48+00:00","og_image":[{"width":2309,"height":1299,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299","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\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin","datePublished":"2024-03-29T18:30:35+00:00","dateModified":"2024-06-11T07:10:48+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/"},"wordCount":472,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299","keywords":["bitcoin","Bitcoin buying","Bitcoin Buying Pressure","btc","btcusd","coinbase","Coinbase Inflow","USD Coin","USDC","USDC Inflow"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/","url":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/","name":"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299","datePublished":"2024-03-29T18:30:35+00:00","dateModified":"2024-06-11T07:10:48+00:00","description":"On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow ever. Here's why this may be relevant for Bitcoin.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299","width":2309,"height":1299,"caption":"Investor data and information analysis chart for planning in strategy of stock market money or fund. Invest for earning or profit. Investment in business and financial concept of growth and success"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin"}]},{"@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":"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin","url":"http:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299"},"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","bitcoin buying","bitcoin buying pressure","btc","btcusd","coinbase","coinbase inflow","usd coin","usdc","usdc inflow"],"dateCreated":"2024-03-29T18:30:35Z","datePublished":"2024-03-29T18:30:35Z","dateModified":"2024-06-11T07:10:48Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/coinbase-sees-largest-usdc-inflow-ever-bitcoin\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/iStock-1460700055.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/iStock-1460700055.jpg?fit=2309%2C1299\"},\"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\",\"bitcoin buying\",\"bitcoin buying pressure\",\"btc\",\"btcusd\",\"coinbase\",\"coinbase inflow\",\"usd coin\",\"usdc\",\"usdc inflow\"],\"dateCreated\":\"2024-03-29T18:30:35Z\",\"datePublished\":\"2024-03-29T18:30:35Z\",\"dateModified\":\"2024-06-11T07:10:48Z\"}<\/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\/2024\/03\/iStock-1460700055.jpg?fit=2309%2C1299","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/600326"}],"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=600326"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/600326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/600354"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=600326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=600326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=600326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}