💠 Grayscale Buys Another $186 Million in Bitcoin

🖇 Grayscale Investment Fund added another $186 million to its BTC reserve as Bitcoin continued to rise over the weekend. Thus, the value of the company's cryptocurrency assets reached $5.8 billion.

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💠 Chinese State Media Report: Cryptocurrencies Are The Best-Performing Assets Of 2020

🖇 Several state-owned media outlets purportedly ran reports describing cryptocurrencies as the best-performing assets since the start of the year. Can it be the reason of such a gain yesterday?

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💠 EY releases new tool for analyzing Bitcoin transactions and on-chain data

🖇 Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions.

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💠 What things may shape Bitcoin price action this week?

🖇 Bitcoin tests $11,000 on Donald Trump’s tax revelations.
But the presence of CME gap and the hack of KuCoin exchange can hinder the upward trend of BTC.
So how would the Price action of BTC perform during next week?

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🔰Bitcoin Difficulty Ribbon Compression is trending up and broke out of the green buy zone for the first time since March.

Historically, these have been periods characterized by a positive momentum indicating significant $BTC price increases.

🗞 #News
📈 #Funda

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💠 One of Hal Finney's lost contributions to Bitcoin Core to be 'resurrected'

🖇 While Hal Finney may no longer be with us, one of his proposals from 2011 may soon find its way to Bitcoin thanks to an expired patent.

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💠 Bored with Bitcoin price, traders chase gains in altcoins and DeFi tokens

🖇 Bitcoin price is sideways and pinned below $11K, leading traders to seek greener pastures in altcoins and DeFi tokens.

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💠 European central bank execs are wrong

🖇 Recently, European central bank executives stated that central bank digital currencies don’t need a blockchain. But the clerks seem to be unknowingly or intentionally, wrong in their conclusions to why and how blockchain technology can be used, especially with CBDCs.

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💠 ICO from 2017 expects October mainnet launch

🖇 Filecoin project is continuing to build momentum three years after their token sale.

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💠 Soaring decentralized exchange volume suggests the DeFi craze is not over

🖇 Data shows decentralized exchange volume skyrocketed in the last 6-months and Uniswap leads the pack.

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💠 Bitcoin Sets Record 63 Straight Days Closing Above $10,000

🖇 Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari.

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💠 ConsenSys wins contract for Thailand-Hong Kong CBDC project

🖇 ConsenSys will develop a proof-of-concept for cross-border payments following successful research between the two central banks of THailand and Hong Kong.

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💠 Bitcoin ‘difficulty ribbon’ chart hasn’t been this bullish since March

🖇 Bitcoin difficulty ribbon compression has broken out of a bear trend it has been in since the March coronavirus crash.

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💠 Ethereum cumulative fees in 2020 eclipsed Bitcoin’s for the first time

🖇 Cumulative transaction fees paid to Ethereum (ETH) miners for 2020 are now close to double those of Bitcoin (BTC), clocking in at $276 million versus $146 million.

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💠 Bitcoin decouples from
Gold and Stocks after over-night sell-off

🖇 Bitcoin plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day.
The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress in the release of the second COVID-19 stimulus package.

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💠 DeFi is too 'noisy', MyEtherWallet CEO says

🖇 The crypto space's decentralized finance niche has reached frenzied status within the crypto industry, signaled by exuberant price highs and rampant speculation.

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💠 Should Bitcoin traders be worried about lower highs ever since $12K?

🖇 Bitcoin price technical analysis shows some key levels that traders should watch this week as BTC remains range-bound below $11,000.

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💠 Traders discuss what’s next for Bitcoin in short-term

🖇 The price of Bitcoin (BTC) abruptly dropped on Sep. 29 from $10,950 to $10,630 overnight, recording a 3% drop. Following the rejection at $11,000, the sentiment of traders remains mixed.

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💠 Blockchain legislation passes the House, heads for Senate

🖇 Bills from the Energy and Commerce Committee are making their way to the Senate following votes this afternoon.

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💠 Venezuela sees its first Blockstream Bitcoin satellite node

🖇 A Bitcoin services startup based in South America has just launched the first Bitcoin node connected to the Blockstream satellite network within Venezuela. The launch of the node will keep the Bitcoin (BTC) blockchain updated for Venezuela users without being dependent on a local internet connection.

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💠 StrongBlock launches DeFi protocol but token prices slump 70%

🖇 A new DeFi protocol has been launched rewarding node operators to improve public blockchain performance, but token prices have tanked.

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