Daily Bits — ATH Wednesday

We bring you Bybit Daily Bits — A tiny step towards trading the world.

Chart of the Day

Bitcoin inflows to OTC desk wallets have been on a steady decline since August 2020. However, the real dive began at the start of this year, revealing another aspect of Bitcoin’s supply crunch. The decline also coincides with surges in DEX volumes.

ICYMI: All-time-high Wednesday. The price of BTC crossed $64,000, while ETH topped near $2,350.

Talk of the Town

To infinity and beyond. In a new episode broadcasted on Sunday, Bitcoin appears on The Simpsons in the form of a news ticker feed followed by an infinity sign. It is definitely invigorating for the biggest cryptocurrency to get more screentime on the popular animated series that has been running for 30 years, and experience first-hand the charm of the show’s self-fulfilling predictions.

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