Bitcoin on Way for Weekly Loss on Fading Stimulus Hopes

Bitcoin on Way for Weekly Loss on Fading Stimulus Hopes

The Bitcoin News – Bitcoin and Blockchain News     •     October 16, 2020, 5:33 am

Bitcoin slipped on Friday as it looked sure to close the week at a loss in the remaining three days of trading. The benchmark cryptocurrency was down $230, or 2 percent, to $11,279 per token by 0456…

New data show how dominant Tether has become as a trading pair on crypto exchanges

The Block     •     October 17, 2020, 3:03 pm

Bitcoin used to be far and away the most popular trading pair at crypto exchanges. These days, the distinction belongs to Tether. Around 70% of the trading volume at exchanges is now denominated in…

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Stellar Price Rises by 10% After USDC Heralds it as "Official Chain"

Decrypt     •     October 17, 2020, 2:45 pm

Good news for Stellar owners today, who through no effort of their own increased the value of their holdings by 10% in the past 24 hours. The value of a single Stellar, or XLM, is now $0.08. The…

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

Cointelegraph.com News     •     October 17, 2020, 3:00 pm

The entry of firms like Square, MicroStrategy and Stone Ridge may open the BTC floodgates and provide “confidence for the rest to follow.”