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On Thursday, November 12th, BTC has paused its growth but the ascending impulse remains in force. The cryptocurrency is generally trading near $16,000 USD.
This year has seen a lot of surprises in the sector as its previous all-time high of over $12 billion was recorded in October 2020.
KuCoin has restored full access to 176 tokens out of a total of 230 tradable ones and hopes to resume service for others before November 22.
Dalio says that Bitcoin’s volatile nature leaves it with fewer use cases as a medium of exchange. He added that he would prefer Gold over Bitcoin.
Ripple has so far purchased around $45 million worth of XRP with more assurance from the company executives that they may continue to purchase more to support a healthy market.
With the fine from Telegram making the bulk of the charge on ICOs by the SEC, other projects also bowed to the SEC’s pressures and collectively coughed out about 40 million dollars in fines.
Rune Christensen, MakerDAO’s founder said that it is a huge milestone for the DAI ecosystem to surpass the $1 billion level.
The new Bitfinex Borrow platform will allow users to get access to peer-to-peer lending and borrowing by putting their Bitcoin (BTC) and Ethereum (ETH) holdings as collateral.
This new partnership between GDA Capital and Elitium is expected to provide great new working opportunities.
The $IBFK token will be built on the Socios platform, a blockchain tokenization entity that has already done the same for some top clubs such as Paris Saint Germain, Juventus, FC Barcelona, Atletico Madrid among others.
China Construction Bank clarified that it doesn’t work with Bitcoin or any other cryptocurrency. However, it will accept bond deposits made in Bitcoin.
Although the increased volatility indicates a possible rise in Bitcoin market price, the fear and greed index pushed above 90 on the scale of 0-100 last week.
Despite the total deposits accrued thus far, the 52,801 ETH represents just about 10% of the total amount needed, and the full required deposits are needed to trigger the Beacon Chain.
In Q3 2020, Ripple pulled in $35.84 million in total XRP sales. This is more than a $3 million increase over the $32.55 million made in Q2.