Bitcoin volume on BitMEX drops to multi-month low, sparking fears of extended pullback | Next release of Electrum wallet to support Bitcoin lightning paymentsBTC 📈 $8369 (+0.04%) / ETH 📈 $187 (+2.41%) / XRP 📈 $0.29 (+4.48%)
Bitcoin volume on BitMEX drops to multi-month low, sparking fears of extended pullback
The volume of bitcoin on BitMEX dropped to a seven-month low on Oct. 12 (Saturday), to below $900 million for the first time since March. On Mar. 31, on a Sunday, the daily volume of bitcoin dropped to $405 million when the bitcoin price was ranging in between $4,000 to $4,200. Next release of Electrum wallet to support Bitcoin lightning payments
Electrum, one of the most popular Bitcoin wallets, announced that its next release will support Lightning payments. After 3 weeks of stagnation, traders say Bitcoin poised to see big volatility
Following three weeks of stagnation, technical analysts anticipate the bitcoin price to see large volatility in the short term as it looks to test important levels. Data shows Bitcoin interest high in places with low economic freedom
Analysis of LocalBitcoins data shows that Bitcoin has exceptionally high rates of usage in countries with low economic freedom, supporting the argument that BTC is sound, unstoppable money. Investor says Bitcoin price could drop to $6k based on GBTC premium
According to Timothy Peterson, an investor at Cane Island Alternative Advisors, the Bitcoin price could drop to the $6,000 region due to the gap between BTC and GBTC. Cardano team reveals details about the incentivized testnet that will bring staking to the network
In a live AMA session led Cardano's senior product manager David Desser, the company's team revealed the current status and plans for the launch of the Shelley incentivized testnet. ICYMI👀 CTFC head: Ethereum is a commodity, anticipates launch of ETH futures 😯 Telegram hit by SEC emergency action for its $1.7 billion token offering 📈 VanEck: Bitcoin improves portfolio upside, potential as "digital gold" Featured blockchain companiesThanks to the following companies for their support: 🚀 MXC - MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe. Learn more ⛓ OAS CHAIN - OAS CHAIN is focused on developing special gateways for cryptocurrencies for safe payment, IoT security, and hosting private blockchains. OAS CHAIN has patents to IoT security, private hosting, and payment gateway. Learn more 🌱 Vitae - Vitae.co is a social media rewards website. VITAE is the utility token to enable access to the products and/or services offered by a company. Learn more 📱 Haven - Haven is a marketplace, social, private chat and a powerful cryptocurrency multi-wallet all in one place. Learn more Want to be featured here? Contact us to learn more. Crypto market dataFor more pertinent market data, please see: Connect with usTelegram • Twitter • Facebook • LinkedIn • YouTube • Instagram 🔥 Interested in sponsoring this newsletter? Contact us. Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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