CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
Data-driven insights for smarter trading.

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πŸ’  Bitcoin Price Will Skyrocket as Markets Riddled by Election Uncertainty

πŸ–‡ While the ongoing uncertainty regarding COVID-19 and the US Presidential elections could drive stocks down, Opimas CEO predicted that Bitcoin will skyrocket.

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πŸ“‰ Current Cryptocurrency Market

πŸ”Ί 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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πŸ’  Top fund managers think Bitcoin may seriously ourperform altcoins

πŸ–‡ Many investors flipped bullish on Bitcoin relative to altcoins over the past few days.

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πŸ”΄ PayPal has joined the cryptocurrency market. allowing customers to buy, sell and hold bitcoin and other virtual coins using the U.S. digital payments company’s online wallets. πŸ“ˆ #Funda πŸ—ž #News πŸ’Ž @CryptoLand_en 🌐 twitter.com/Cryptoland_EN
πŸ’  PayPal allows cryptocurrency trading and shopping on its network

πŸ–‡ According to reuters, PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the U.S. digital payments company’s online wallets.

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πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ 150,000,000 $USDT (150,199,713 USD) minted at Tether Treasury

Tx:https://whale-alert.io/transaction/tron/ee718890e508d88637ad58e8a9ea02a6103e470760c008629a09d7390ecd9cc6

πŸ“ˆ #Funda
πŸ—ž #News

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πŸ’  BTC and OKB plunge after OKEx suspends withdrawals πŸ–‡ Major exchange OKEx suddenly suspended crypto withdrawals while one its key custodians cooperates with an investigation, shaking the crypto markets πŸ’Ž @CryptoLand_en 🌐 twitter.com/Cryptoland_EN
πŸ’  OKEx users express frustration over suspended withdrawals

πŸ–‡ Major exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers via Twitter.

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πŸ’  Futures traders aren’t as bullish as Bitcoin price revisits $12,000

πŸ–‡ Cryptocurrency traders showed significantly less enthusiasm as bitcoin traded at $12,000 Tuesday compared to when bitcoin reached the same level nearly two months ago, based on futures funding rates from multiple exchanges.

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πŸ’  CBDCs could 'threaten' Bitcoin says CZ

πŸ–‡ Binance boss Changpeng Zhao aired his views on CBDCs adding that Bitcoin could be under threat if a more advanced currency was launched

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πŸ’  Validators Drop Off Ethereum 2.0 Testnets as Mainnet Release Looms

πŸ–‡ If testnet participation is any indication, Ethereum 2.0 validators are itching for the real thing as the network kickoff looms.

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πŸ’  DeFi deja vu as another stealth Andre Cronje project launches

πŸ–‡ Yearn Finance creator Andre Cronje quietly published his third protocol to GitHub since August on Oct. 19, dubbed Keep3r Network.

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πŸ’  Bitcoin average transaction value increases 500% since July

πŸ–‡ The average transaction value was sitting at approximately $25,000 per transaction four months ago, but posted a yearly high on Oct. 20 at $151,000 per transfer β€” representing an increase of more than 500%.

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πŸ’  Bitcoin on-chain transfer volume exceeded 4M

πŸ–‡ 22% of the entire Bitcoin supply was transacted in 24 hours as the price broke through $12,000.

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πŸ’  CME drives Bitcoin price, but it excludes stablecoin volumes

πŸ–‡ Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included?

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πŸ’  Mainstream DeFi is β€˜inevitable’: US currency comptroller

πŸ–‡ The U.S. acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi.

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πŸ’  Too many reasons leading to be bullish on BTC beyond $12K

πŸ–‡ Bitcoin leaving macro assets behind will be the β€œbiggest story in crypto” if it continues, but there’s more to be bullish about, says Cole Garner.

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πŸ’  CBDCs Mean Evolution, Not Revolution

πŸ–‡ Central Bank digital currencies (CBDCs) are not a revolution or a goal in themselves, but they can support a diverse payment ecosystem nationally and internationally and, if carefully developed, provide a new kind of global public goods.

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πŸ’  10% of Bitcoin's supply has been untouched for over 10 years

πŸ–‡ A significant amount of Bitcoin's (BTC) total supply has not moved for more than 10 years, according to data from cryptocurrency analytics data provider Glassnode.

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πŸ’  What Is an Automated Market Maker (AMM)?

πŸ–‡ You could think of an automated market maker as a robot that’s always willing to quote you a price between two assets. Some use a simple formula like Uniswap, while Curve, Balancer and others use more complicated ones.

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πŸ’  CasperLabs is ready for mainnet launch for 2021

πŸ–‡ A project that started out in the Ethereum ecosystem may soon be a worthy adversary for the network.

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πŸ’  Almost half a billion USDT minted in past 36 hours as Bitcoin rallies

πŸ–‡ Of the 450 million new USDT tokens, more than 185 million have been distributed, with 126.9 million USDT going to Binance alone

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