Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal
The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners.
Related Posts


1inch Foundation launches $3M grants program for DeFi developers
The grants program will be distributed to developers over the next 12 months via 1INCH tokens. 354 Total views 2 Total shares 1inch Foundation, the non-profit organization of the 1inch decentralized exchange aggregator, has earmarked $3 million to fund new protocol upgrades as part of a grants program targeting developers. Over the next 12 months, 1inch…

SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand.

FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearing
“There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry. 574 Total views 4 Total shares Members of the United States House Financial Services Committee have scheduled a December hearing aimed at exploring the collapse of crypto exchange FTX and “broader consequences for…

Africa’s Largest Bank Joins Blockchain-Based Marco Polo Network
Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network.Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch ING, according to a press release on Aug. 22.Backed by the world’s biggest bank, the Industrial and Commercial…

‘Asia’s Got Talent’ for Crypto Startups: BlockShow Opens Pitch Competition in Singapore
BlockShow is preparing a live-streamed business pitch competition for startups, called EXP20, which will take place on Nov. 29, 2018. The event is a new segment of their Asia Blockchain Week programme, that will be hosted in Singapore from Nov. 27 until Dec. 1, 2018. Dubbed “the largest blockchain technology roadshow” by Venturebeat, Asia Blockchain…

Bitcoin Price Hits $8.8K Only to Crash in a ‘Logistical Move’ — Analyst
Bitcoin price (BTC) traded broadly lower on Oct. 11 after sudden volatility broke a sideways trend in place since earlier in the week. Cryptocurrency market daily overview. Source: Coin360Bitcoin analyst prepares for range-bound tradingData from Coin360 showed BTC/USD circling $8,350 on Friday, having jumped to a local high of above $8,770 earlier. The enthusiasm was short-lived, with…

Privacy-focused Firo cryptocurrency suffers 51% attack
Over 300 blocks were rolled back in the course of the 51% attack. 1543 Total views 5 Total shares Anonymous cryptocurrency Firo — formerly known as Zcoin— is the latest Proof-of-Work coin to suffer a 51% attack.Tweeting on Wednesday, Firo revealed that the protocol had come under a 51% attack and advised holders to pause…

Crypto platform WOO X partners with market maker Wintermute for liquidity boost
Aside from Wintermute, other leading liquidity providers, including Selini Capital and Black Code Group, also support WOO X. 331 Total views 2 Total shares Crypto exchange platform Woo X has partnered with Wintermute, a crypto market maker and liquidity provider with over $3.6 trillion in cumulative trading volume. Wintermute will act as the designated liquidity