$77 Million Worth of Bitcoin Locked in Sidechains, Unavailable for Use.

Out of the total circulation supply of around 18 million Bitcoin, around 9661 Bitcoins are stuck in different sidechains, which are not lost but cannot be used either. These bitcoins are stuck in primarily 3 major side chains that include Liquid, Binance Chain and Wrapped Bitcoin (WBTC) sidechains. Side Chains are just like sister chains […] origin »

Samsung SDS Tests a New Blockchain Medical Claims Processing System.

Samsung SDS, the blockchain wing of Korean electronics giant Samsung, is testing a medical insurance claims processing system that has been developed on a blockchain network. To pilot the new system, Samsung SDS revealed it is working with a bunch of medical providers and insurance companies from around the world to examine the performance as […] origin »

Binance is OKEx’s biggest competitor, says Andy Cheung.

OKEx’s Head of Operations, Andy Cheung, participated in a pre-announced AMA on Telegram today, ‘challenging’ the community to ask him their ‘toughest questions. ’ Cheung started off by talking about how OKEx had recently upgraded its Futures trading system, which improved its placement and transactions speeds. origin »

XRP Surges 5% as Annual Swell Pump Quickly Nears.

After incurring an influx of selling pressure yesterday, Bitcoin has been able to climb slightly today, which has allowed XRP to surge nearly 5%, leading it to quickly approach the $0. 30 region that was previously a strong level of support for the cryptocurrency. origin »

Bitcoin May Have Room to Run Before Downtrend Continues.

After plummeting below $8,000 overnight, Bitcoin’s bulls were able to propel the crypto slightly higher, showing signs that bulls are not ready to let the cryptocurrency drop lower in the near-term, which could mean that bulls will garner greater strength in the near-term that could help propel BTC higher. origin »

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CME Bitcoin Futures Sees Institutional Interest and Demand from Asia.

Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform has seen an increase in interest with the company’s physically-settled bitcoin futures product. origin »

Lump Sum Bitcoin Investors Makes More Profits than DCA.

Investors who put all their capital at once into bitcoin win more than those who invest strategically over some time, according to a study conducted by Shitcoin Ninja. The crypto researcher noted that Lump Sum – an act of investing everything available at once into bitcoin – works better than the Dollar Cost Strategy (DCA),. origin »

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CoinMarketCap Launches Tool to Discern Best Interest Rates.

Cryptocurrency data provider CoinMarketCap has enabled a new tool on its website for users to find out the best interest rate on each platform to earn a lending yield. With the advent of DeFi, more and more people are looking at methods of earning passive income on their holdings via interest, October 16, 2019. origin »

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Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges.

On Thursday afternoon, an unknown Bitcoin whale transferred more than $12 million worth of BTC to Bitfinex—prompting fears that those dealing with serious money are looking to cash out their BTC. Significant transfers of Bitcoin from an unknown wallet to a known exchange wallet are widely considered to be a strong bearish signal since arguably […] The post Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges appeared first on BeInCrypto. origin »

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