30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $11,286
Bitcoin price has fallen 2% today, following news that OKEx has suspended customer withdrawals.
Top-20 altcoins don’t look too happy, as Ethereum and XRP each drop around 3%, while Polkadot and Litecoin take the largest falls of 6% a piece.
Top Stories for October 16, 2020
Cryptocurrency exchange OKEx has suspended crypto withdrawals for its users, claiming that one of its key holders is out of contact.
Acording to OKEx, the key holder is currently cooperating with authorities in regards to an “investigation”, however details of the investigation have not yet been confirmed.
Large withdrawals of certain cryptocurrencies were noted to have taken place just hours before the announcement was made.
Filecoin (FIL) has finally hit exchanges, more than three years after its initial coin offering. Price of the coin surged 118% within the day.
Binance, Gemini and FTX all listed Filecoin, with large discrepancies in price observed across exchanges – most notably on FTX’s FIL futures market.
It has been announced that CENTRE’s USD Coin stablecoin (USDC) will launch on the Stellar blockchain next year, in Q1.
USDC is already the second-largest stablecoin in the cryptocurrency ecosystem behind the controversial Tether USDT. It currently runs on the Ethereum and Algorand blockchains.
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Source: OKEx Suspends Cryptocurrency Withdrawals Due To Investigation – October 16