Grayscale adds a ‘cool $300M’ in a day and $1B this week
“Added a cool $300 million in AUM in one day,” boasts Grayscale CEO Barry Silbert. Go to Source Powered by WPeMatico
Month: October 2020
3 key metrics and disinterest from pro traders hint at Bitcoin price sell-off
Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal. Go to Source Powered by WPeMatico
PayPal rumored to be eying acquisition of crypto custodian BitGo
Shortly after it was revealed PayPal will launch crypto payments in 2021, rumors are circulating that the payments giant is looking to purchase a digital asset custodian. Go to Source Powered by WPeMatico
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders
Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals. In an earlier … Read more
PayPal’s crypto integration means Bitcoin could triple its user base
PayPal’s crypto integration may bode well for Bitcoin price as its user base could triple Go to Source Powered by WPeMatico
Not everyone in the crypto industry is thrilled about PayPal’s recent news
PayPal’s Bitcoin integration is “probably not because they want to spur healthy adoption,” explained SatoshiLabs. Go to Source Powered by WPeMatico
Blockstack PBC changes its name to ‘Hiro’
The name is a reference to the protagonist in Neal Stephenson’s novel, Snowcrash. Go to Source Powered by WPeMatico
Top traders say Bitcoin log chart points to a 2017-style BTC bull run
As Bitcoin price rises to new heights, top traders say the monthly and logarithmic chart signal that BTC is entering a new bull trend. Go to Source Powered by WPeMatico
For the first time since 2018 Bitcoin balances on exchanges fell below 2.5M
Bitcoin’s balance on three popular exchanges decreased by 390k BTC over the past 9 months. Go to Source Powered by WPeMatico
Price Increase Drives 98% of Bitcoin Holders Into a State of Profit
The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on the current data, 98% of all bitcoin UTXOs are in a … Read more
