First Western Central Bank to Connect Directly to Cross-Border Financial Blockchain Services Platform

Coindesk announced on July 28 an investigation that the entry and exit of Bitcoin and stable currency inside and outside the cryptocurrency exchange could continue the Bitcoin rally. Bitcoin's entries on the exchange rose from 68,970 BTC on Monday to 130,039 BTC, the biggest one-day gain in 134 days, according to blockchain intelligence firm Chainalysis. That said, some traders traded their tokens for exchanges as cryptocurrencies hit a multi-month high. Traders often move bitcoin from their wallets to the exchange when they are unsure of the coin's rise and want to complete their investment. However, the entry of the USDT into the exchange also increased buying. Tether's inflows reached $ 726 million on Monday, up $ 440 million, according to Chainalysis data. The current situation suggests that the purchasing power could be strong enough to absorb more assets through the exchange, and that Bitcoin could succeed in building a strong fund of over $ 10,000.