Blockchain Today Weekly Digest
26 Sep — 02 Oct
Mike Novogratz expressed his opinion about Bitcoin and crypto investors. You can learn more about it and other news of the week in our digest.
1. Mike Novogratz drew attention to the weakening of the activity of sellers
Despite strong sell-offs in the stock market last Thursday, bitcoin was able to stay above $19,000. On Friday, September 30, the largest digital currency is trading at $19,551.
Galaxy Digital CEO Mike Novogratz believes that BTC held steady in September because the majority of investors left the crypto market, who react negatively to the aggravation of volatility. They sold all their reserves and left the cryptosphere, as a result, the situation stabilized.
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2. Crypto Exchange FTX Wins the Auction to Buy Voyager’s Assets
FTX US won the bid to acquire the bankrupt Voyager’s digital assets. An announcement by the crypto lending company says the auction included lots of participants and took 2 weeks of multiple rounds. As a result, FTX US offered the highest and the best bid.
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3. The trading volume of the BTC/GBP pair is growing
Trading from misty Albion was compelled to migrate to bitcoin as a result of the British pound’s decline versus the US dollar. Over the previous several days, the BTC/GBP pair’s trade volume has been rising.
The cryptocurrency exchanges Bitfinex and Bitstamp saw the highest increase in activity from British investors.
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