29th October: Bitcoin Up 2%, Ethereum Holds On To Above $389
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) price movements on October 29th.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) price movements on October 29th.
On Thursday, October 29th, the BTC keeps growing, generally trading at $13,184 USD.
The two have established a venture dubbed UNICAS, which will offer both walk-in and online crypto banking services across 34 United Multistate branches located in northern India.
Bitcoin has been the hot subject for analysts after its recent price surge and its strong withstanding against the falling stock market. As institutional money pour has started in BTC, analysts expect its price to easily 4x from the current levels.
By launching its JPM Coin, the banking giant aims to eliminate all the hassle of payment settlements and verification that comes with the traditional paper-based structure for its cross-border payments.
Among the affected tokens there were 10 million CRPT tokens, used to power the Crypterium payment system and even pay network fees.
Huobi Global exchange has seen a hike in activities and its involvement to boost crypto and blockchain innovation adoption in recent times.
As an exchanger aggregator, BestChange.com pools a wide list of cryptocurrency and e-currency exchanges in order to allow users to select the most suitable exchanger for themselves.
An on-chain data has confirmed the recent engagement of BTC whales with 88857 BTC worth about $1.1 billion moved from a wallet address at a fee of $3.58 at a block of 654,364.
Jack Ma highlighted that the world is spinning towards an inclusive financial system that is more focused on marginalized people.
BitMEX plans to offer futures contracts for DeFi projects Yearn.finance (YFI), Polkadot (DOT), and Binance Coin (BNB).
SpectroCoin is bringing crypto lending to the mainstream and supports more coins beyond ETH.
Usually, when Bitcoin is making impressive moves, many who has FOMO may take a dive into storing up on the coin, while this may complement the recent moves, its impacts may not be long-lasting.
BTC is an asset that appears to be attracting a lot of attention to a specific class of investors. The millennials, mostly, are recognizing the pioneer cryptocurrency as an alternative safe-haven asset.
Binance’s enigmatic chief executive Changpeng Zhao (CZ) says that Central Bank digital currency is a threat to Bitcoin.