30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $16,130
Bitcoin price has broken through 2-year highs once again, breaching the $16,000 mark to begin Thursday.
Top Stories for November 12, 2020
Bitcoin Cash is to undergo yet another hard fork due to tension within the community, and will split into Bitcoin Cash Node and Bitcoin ABC.
Futures contracts for each coin on CoinEX show that Bitcoin Cash Node is the preferred fork, currently trading for 0.96 BCH.
Investment firm DARMA Capital has launched an initiative which will allow stakers of Ether on Ethereum 2.0 to borrow against their staked funds.
Currently, users staking the required 32 ETH in the Ethereum 2.0 deposit contract cannot move or otherwise use their staked funds.
The initiative, LiquidStake, will allow users to borrow a USDC loan against their staked Ether.
“Bitfinex Borrow” will enable users to take out USDT or USD loans against their Bitcoin or Ethereum holdings, choosing between a variable or fixed interest rate.
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