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Bitcoin News Roundup for Oct. 16, 2020

With BTC dropping, OKEx halting withdrawals and Filecoin launching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Oct 16, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 10:10 a.m. UTC

With BTC dropping, OKEx halting withdrawals and Filecoin launching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

This episode is sponsored by Crypto.comNexo.io and Elliptic.

Today's stories:

While market sentiment may remain temporarily weak after the OKEx news, a price crash looks unlikely.  

Withdrawals are suspended as a key holder is "out of touch," preventing withdrawal authorizations.

Nigerian authorities are developing a roadmap for the adoption of blockchain technology in public administration and payments on a national scale.

Filecoin, designed as a decentralized alternative to Amazon Web Services, is now live as of block height 148,888, or 14:44 UTC.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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