Crypto News - Fast Market Moving⚡️

Crypto News - Fast Market Moving⚡️

Here's our digest with the hottest news: Capitalization: $345 billion Trading Volume (24h): $98 billion BTC Dominance: 57.6% BTC: $10,722 (+0.21%) 🔹 Ethereum developers launched a Spadina testnet, adherent to the Ethereum 2.0 “zero phase” release. The network…

Here's our digest with the hottest news:

Capitalization: $336 billion
Trading Volume (24h): $103 billion
BTC Dominance: 57.8%
BTC: $10,515 (-3.06%)

🔹Since the beginning of the year, users have withdrawn more than 400,000 BTC from crypto exchanges. According to data from CryptoQuant, all exchanges' reserves dropped to 2.4 million BTC, which is equivalent to $25 billion. In contrast, in October 2019, exchanges had around 2.8 million BTC, currently worth $30 billion.

🔹Swipe project launches a Visa DeFi lending card. Dubbed the "LendFi Visa Card," the new product deploys major decentralized finance protocols to provide "near-instant access to lending balances."

🔹Analyst Willie Woo believes that we are now seeing a big surge in new Bitcoin users, which is not yet reflected in the price, and this is not often the case. Such a situation can have an extremely positive impact on the price of BTC.

🔹Ethereum 2.0 developers will launch another test network, “Zinken”. The release of the testnet is scheduled for October 5, and according to the developers, it will be the "final touch" before the full launch of Ethereum 2.0.

🔹Stablecoin market capitalization has exceeded $20 billion. YTD growth has reached 300%.

#3C_digest via www.tgoop.com/Crypto_News

Cointelegraph

Bitcoin exchange reserves down $5B in 2020 hints at whale accumulation

Bitcoin exchange reserves dropped by $5 billion in the past year, showing signs of accumulation

www.tgoop.com/crypto_news/12965

17.9K viewsOct 2, 2020 at 07:52

Here's our digest with the hottest news:

Capitalization: $336 billion
Trading Volume (24h): $103 billion
BTC Dominance: 57.8%
BTC: $10,515 (-3.06%)

🔹Since the beginning of the year, users have withdrawn more than 400,000 BTC from crypto exchanges. According to data from CryptoQuant, all exchanges' reserves dropped to 2.4 million BTC, which is equivalent to $25 billion. In contrast, in October 2019, exchanges had around 2.8 million BTC, currently worth $30 billion.

🔹Swipe project launches a Visa DeFi lending card. Dubbed the "LendFi Visa Card," the new product deploys major decentralized finance protocols to provide "near-instant access to lending balances."

🔹Analyst Willie Woo believes that we are now seeing a big surge in new Bitcoin users, which is not yet reflected in the price, and this is not often the case. Such a situation can have an extremely positive impact on the price of BTC.

🔹Ethereum 2.0 developers will launch another test network, “Zinken”. The release of the testnet is scheduled for October 5, and according to the developers, it will be the "final touch" before the full launch of Ethereum 2.0.

🔹Stablecoin market capitalization has exceeded $20 billion. YTD growth has reached 300%.

#3C_digest via www.tgoop.com/Crypto_News

BY Crypto News - Fast Market Moving⚡️