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.

Read more on Blockchain Today

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.

Read more on Blockchain Today

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.

Read more on Blockchain Today

You can find more news on Blockchain Today. Follow us for reading our weekly digests and always be updated!