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Bitcoin’s Struggles Continue at $300 On OKEx Withdrawals Suspension (Market Watch)

Bitcoin’s Struggles Continue at $300 On OKEx Withdrawals Suspension (Market Watch)

October 16, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin continues to struggle and has dropped by another 1% to about $11,300. The alternative coins bleed out and have wiped out most of the recent gains. These developments could be attributed to news that the popular exchange OKEx has seized withdrawals and is cooperating with a “public security bureau in investigations where required.” Bitcoin […]

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Polkadot’s First Trustless Wrapped Bitcoin PolkaBTC Coming in Early 2021

October 16, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

In a step towards creating a truly interoperable blockchain ecosystem, cross-chain bridge service provide Interlay has joined hands with Polkadot to bring the platform’s first trustless wrapped Bitcoin PolkaBTC by early 2021. PlkaBTC is nothing but an official bridge between Bitcoin and Polkadot blockchains. The entire project is entirely funded by Polkadot’s parent Web 3 […]

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Trustless Wrapped Bitcoin Coming to Polkadot in Early 2021

October 15, 2020 , , , , , , , , , , Eddy 0

Polkadot is one of the biggest cryptocurrency projects, currently ranked eight in terms of total market capitalization. Now, the team has revealed that trustless wrapped Bitcoin will come to its ecosystem in early 2021 through Interlay – a framework designated to allow permissioned and permissionless blockchains to connect and interact. Polkadot’s BTC-Relay Effort Known as […]

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Twitter’s Jack Dorsey Calls for Bitcoin Donations in Nigeria’s EndSars Protest Against Police Brutality

October 15, 2020 , , , , , , , Eddy 0

Twitter chief Jack Dorsey has urged his followers to donate Bitcoin to support the protest over police brutality in Nigeria. Earlier today, Jack Dorsey, CEO of Twitter and Square, showed his support for the ongoing #EndSars protest over police brutality in Nigeria. Dorsey, a Bitcoin proponent, encouraged Bitcoiners to make BTC donations towards the fight […]

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Bitcoin Price Prediction: BTC Prepares For A Major Liftoff To New Yearly Highs

October 15, 2020 , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin stalls at $11,400 after rejection from $11,800; support is envisaged at $11,250. On-chain data shows whales constantly accumulating BTC; investors anticipate price action to new yearly highs. Bitcoin recently sliced through a symmetrical triangle pattern presented on the daily chart. The pattern has been discussed severally in our technical analyses. BTC closed in on […]

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Institutional Rain: Grayscale Attracts Over $1 Billion In Fresh Crypto Investments in Q3

October 15, 2020 , , , , , , , , , , , , , , , , , , , , , , Eddy 0

The world’s largest digital currency asset manager Grayscale released its Digital Asset Investment report for Q3 2020. Reportedly, the giant invested a whopping $1.05 billion into different crypto investment products during the third quarter. Dropping our latest Digital Asset Investment Report this morning…@Grayscale raised over $1 billion into our family of products in 3Q20!! a […]

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Mt. Gox Stolen Bitcoin Rehabilitation Plan is Once Again Delayed

October 15, 2020 , , , , , , , Eddy 0

The deadline for submitting a rehabilitation plan for reimbursing Mt. Gox creditors has been delayed once more – this time to December 15th, 2020.   As CryptoPotato reported before, the Tokyo District Court had issued an order indicating that the submission deadline was until October 15th.    Nobuaki Kobayashi, the Mt. Gox rehabilitation trustee who […]

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Bitcoin Price Stalls At $11,400 While Altcoins Mark Minor Losses (Market Watch)

Bitcoin Price Stalls At $11,400 While Altcoins Mark Minor Losses (Market Watch)

October 15, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Apart from a brief spike to above $11,500, Bitcoin has remained relatively calm around $11,400 in the past 24 hours. Most alternative coins have marked minor losses, with Ethereum dipping below $380 and Ripple beneath $0.25. Bitcoin Stays Around $11,400 As reported yesterday, Bitcoin traded around $11,400, despite US President Donald Trump’s call for additional […]

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Bitcoin Accumulation Building With 14% of Supply Currently Held

October 15, 2020 , , , , , , , Eddy 0

The research added that around 14% of the total supply is currently held in accumulation addresses. The findings by on-chain analytics firm Glassnode report that there has been a steady up trend in Bitcoin accumulation since the beginning of 2019. The chart overlays price action and the two do not appear to be correlated as […]

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With Over $720 Million of Bitcoin Inflows, Grayscale Marks Best Quarter Yet

With Over $720 Million of Bitcoin Inflows, Grayscale Marks Best Quarter Yet

October 14, 2020 , , , , , , , Eddy 0

The leading digital asset manager, Grayscale Investments, continues with its growth after registering its third consecutive record-breaking quarter with over $1 billion of inflows. Somewhat expectedly, the Bitcoin Trust remained the most widely chosen company product. $1 Billion Entered Grayscale In Q3 2020 Grayscale released its Q3 2020 report earlier, noting that the total investments […]

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