[BeyondCC Daily Update] - 25 November 2020

First Mover: Why Bitcoin Isn’t a Replacement for Gold Just Yet

The price of gold is off from its all-time high while bitcoin is within striking distance of a record. Billions of dollars are flowing out of gold while institutional money is pouring into bitcoin.

Despite New Incentives to Stay, Some of OKEx’s Chinese Users Are Determined to Leave

The unexpected five-week-long suspension of OKEx’s crypto withdrawal service has left many of its users, largely based in China, disappointed and determined to leave or reduce holdings on the exchange when withdrawals resume sometime this week.

Some Are Calling All-Time Highs for Bitcoin. Here’s Why CoinDesk Hasn’t Yet

In a fragmented global market, price quotes are all over the place. That’s why CoinDesk created the Bitcoin Price Index (BPI). The current debate over what exactly is the all-time-high price of the leading cryptocurrency shows how a sector that is all about decentralization has difficulty coming up with a common pricing system on which everyone can agree.

Back to Hub