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Thursday, October 22, 2020

Crypto News

OKEx’s lips remain sealed on its sudden crypto withdrawal freeze

For nearly a week, uncertainty as to why OKEx suddenly suspended its cryptocurrency withdrawals on Oct. 16 has lingered on. The ongoing suspension has...

Bitcoin price rally to $12K is meaningless until bulls flip it to support

On Tuesday Bitcoin (BTC) bulls mustered enough strength to push BTC price slightly above the $12K mark, a level not seen since Sept. 1. On...

Study finds CME drives Bitcoin price, but it excludes stablecoin volumes

On Oct. 14, Wilshire Phoenix investment firm released its Efficient Price Discovery report, which detailed how CME Bitcoin (BTC) futures impact Bitcoin price discovery.The...

Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV

Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway. In...

Institutional Bitcoin longs at record-high, hedge funds short — CME data

According to CME, the amount of Bitcoin (BTC) long contracts held by institutions are at an all-time high. Yet, CME’s most recent Commitment of...

Big Bitcoin prediction, OKEx spooks markets, Ripple exec’s crippling mistake: Hodler’s Digest, Oct. 12–18

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!Top Stories This WeekCalm before...

Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low

Bitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still...

Will the dollar’s weakness result in Bitcoin finally breaking $12,000?

Historically, a weaker United States Dollar leads to strength across other “safe haven” assets. By analyzing the correlation, such momentum and conclusion can also...

The next big treasure: Corporations buy up Bitcoin as a treasury reserve

October is a time for surprises. On Oct. 8, right on cue, mobile payments giant Square, which boasts a market cap of $86.6 billion,...

Ascending channel Bitcoin price breakout possible despite OKEx scandal

Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since...

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