Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode
Bitcoin’s price is in a tight range Thursday while some investors are moving into ether.
"Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance," according to Bloomberg.
OMG helps speed transactions and lower fees on the Ethereum network by handling transactions off-chain.
OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk.
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.