• bitcoinBitcoin(BTC)$34,388.008.99%
    BITCOIN
    24H : 8.99%
    Volume : $67,400,138,810.00
    Marketcap : $640,344,310,961.00
  • ethereumEthereum(ETH)$1,147.1311.93%
    ETHEREUM
    24H : 11.93%
    Volume : $43,954,143,059.00
    Marketcap : $130,489,967,103.00
  • tetherTether(USDT)$1.0000.190%
    TETHER
    24H : 0.190%
    Volume : $94,428,664,357.00
    Marketcap : $22,162,989,924.00
  • litecoinLitecoin(LTC)$163.417.49%
    LITECOIN
    24H : 7.49%
    Volume : $8,069,386,713.00
    Marketcap : $10,843,564,387.00
  • rippleXRP(XRP)$0.2448.45%
    XRP
    24H : 8.45%
    Volume : $4,042,287,537.00
    Marketcap : $10,659,648,202.00
  • cardanoCardano(ADA)$0.30429.54%
    CARDANO
    24H : 29.54%
    Volume : $4,837,119,065.00
    Marketcap : $9,621,380,486.00
  • bitcoin-cashBitcoin Cash(BCH)$436.007.41%
    BITCOIN CASH
    24H : 7.41%
    Volume : $5,429,261,912.00
    Marketcap : $8,128,834,515.00
  • stellarStellar(XLM)$0.31680.16%
    STELLAR
    24H : 80.16%
    Volume : $8,727,700,519.00
    Marketcap : $7,260,106,052.00
  • chainlinkChainlink(LINK)$16.7118.07%
    CHAINLINK
    24H : 18.07%
    Volume : $2,147,196,515.00
    Marketcap : $6,668,772,957.00
  • usd-coinUSD Coin(USDC)$1.0000.190%
    USD COIN
    24H : 0.190%
    Volume : $1,747,417,084.00
    Marketcap : $4,295,484,144.00
  • eosEOS(EOS)$3.2817.10%
    EOS
    24H : 17.10%
    Volume : $4,009,053,564.00
    Marketcap : $3,127,800,949.00
  • moneroMonero(XMR)$138.444.72%
    MONERO
    24H : 4.72%
    Volume : $581,429,658.00
    Marketcap : $2,460,222,069.00
  • nemNEM(XEM)$0.25024.65%
    NEM
    24H : 24.65%
    Volume : $371,564,550.00
    Marketcap : $2,265,199,908.00
  • theta-tokenTheta Network(THETA)$2.22-1.69%
    THETA NETWORK
    24H : -1.69%
    Volume : $206,908,870.00
    Marketcap : $2,222,675,903.00
  • tronTRON(TRX)$0.0319.27%
    TRON
    24H : 9.27%
    Volume : $1,548,661,591.00
    Marketcap : $2,203,809,744.00
  • okbOKB(OKB)$7.451.63%
    OKB
    24H : 1.63%
    Volume : $189,687,536.00
    Marketcap : $2,030,771,893.00
  • vechainVeChain(VET)$0.03121.66%
    VECHAIN
    24H : 21.66%
    Volume : $804,921,665.00
    Marketcap : $2,021,872,298.00
  • tezosTezos(XTZ)$2.6213.37%
    TEZOS
    24H : 13.37%
    Volume : $323,816,083.00
    Marketcap : $1,991,556,059.00
  • cosmosCosmos(ATOM)$6.7012.70%
    COSMOS
    24H : 12.70%
    Volume : $580,697,319.00
    Marketcap : $1,610,120,013.00
  • crypto-com-chainCrypto.com Coin(CRO)$0.07111.21%
    CRYPTO.COM COIN
    24H : 11.21%
    Volume : $92,447,601.00
    Marketcap : $1,609,916,416.00
  • daiDai(DAI)$1.0000.340%
    DAI
    24H : 0.340%
    Volume : $538,479,806.00
    Marketcap : $1,318,535,860.00
  • leo-tokenLEO Token(LEO)$1.360.660%
    LEO TOKEN
    24H : 0.660%
    Volume : $18,648,788.00
    Marketcap : $1,316,969,354.00
  • dogecoinDogecoin(DOGE)$0.0107.71%
    DOGECOIN
    24H : 7.71%
    Volume : $694,386,386.00
    Marketcap : $1,302,168,956.00
  • huobi-tokenHuobi Token(HT)$4.982.95%
    HUOBI TOKEN
    24H : 2.95%
    Volume : $217,065,659.00
    Marketcap : $1,165,569,264.00
  • iotaIOTA(MIOTA)$0.3907.13%
    IOTA
    24H : 7.13%
    Volume : $83,905,605.00
    Marketcap : $1,095,916,776.00
  • dashDash(DASH)$93.275.73%
    DASH
    24H : 5.73%
    Volume : $514,308,562.00
    Marketcap : $920,389,767.00
  • ethereum-classicEthereum Classic(ETC)$7.508.91%
    ETHEREUM CLASSIC
    24H : 8.91%
    Volume : $1,148,977,748.00
    Marketcap : $866,473,202.00
  • makerMaker(MKR)$865.2025.21%
    MAKER
    24H : 25.21%
    Volume : $116,664,817.00
    Marketcap : $789,330,543.00
  • zcashZcash(ZEC)$63.006.42%
    ZCASH
    24H : 6.42%
    Volume : $490,255,821.00
    Marketcap : $682,924,402.00
  • decredDecred(DCR)$50.1911.65%
    DECRED
    24H : 11.65%
    Volume : $20,820,452.00
    Marketcap : $626,631,254.00
  • wavesWaves(WAVES)$6.0212.67%
    WAVES
    24H : 12.67%
    Volume : $126,324,390.00
    Marketcap : $597,065,204.00
  • omisegoOMG Network(OMG)$3.846.43%
    OMG NETWORK
    24H : 6.43%
    Volume : $444,858,847.00
    Marketcap : $537,170,062.00
  • ontologyOntology(ONT)$0.56014.23%
    ONTOLOGY
    24H : 14.23%
    Volume : $202,445,932.00
    Marketcap : $455,897,945.00
  • algorandAlgorand(ALGO)$0.5108.36%
    ALGORAND
    24H : 8.36%
    Volume : $445,927,618.00
    Marketcap : $415,713,088.00
  • paxos-standardPaxos Standard(PAX)$1.0000.170%
    PAXOS STANDARD
    24H : 0.170%
    Volume : $122,355,829.00
    Marketcap : $394,190,551.00
  • basic-attention-tokenBasic Attention Token(BAT)$0.25111.19%
    BASIC ATTENTION TOKEN
    24H : 11.19%
    Volume : $196,606,214.00
    Marketcap : $372,396,473.00
  • iconICON(ICX)$0.63420.00%
    ICON
    24H : 20.00%
    Volume : $111,460,048.00
    Marketcap : $372,215,129.00
  • 0x0x(ZRX)$0.48517.36%
    0X
    24H : 17.36%
    Volume : $176,450,874.00
    Marketcap : $367,364,372.00
  • qtumQtum(QTUM)$2.9114.99%
    QTUM
    24H : 14.99%
    Volume : $426,755,952.00
    Marketcap : $300,897,831.00
  • liskLisk(LSK)$1.3412.23%
    LISK
    24H : 12.23%
    Volume : $8,519,359.00
    Marketcap : $189,858,917.00
  • bitcoin-goldBitcoin Gold(BTG)$9.6010.59%
    BITCOIN GOLD
    24H : 10.59%
    Volume : $29,652,516.00
    Marketcap : $167,584,424.00
  • ravencoinRavencoin(RVN)$0.0166.47%
    RAVENCOIN
    24H : 6.47%
    Volume : $22,370,050.00
    Marketcap : $124,458,357.00
  • augurAugur(REP)$19.1613.47%
    AUGUR
    24H : 13.47%
    Volume : $28,720,899.00
    Marketcap : $110,426,341.00
  • monacoinMonaCoin(MONA)$1.519.46%
    MONACOIN
    24H : 9.46%
    Volume : $16,691,140.00
    Marketcap : $110,010,279.00
  • bytomBytom(BTM)$0.06610.78%
    BYTOM
    24H : 10.78%
    Volume : $23,072,670.00
    Marketcap : $108,404,902.00
  • bitcoin-diamondBitcoin Diamond(BCD)$0.5056.62%
    BITCOIN DIAMOND
    24H : 6.62%
    Volume : $1,647,956.00
    Marketcap : $95,178,706.00
Cryptotelegraph
  • bitcoin
    BTC$34,388.008.99%
  • ethereum
    ETH$1,147.1311.93%
  • litecoin
    LTC$163.417.49%
  • ripple
    XRP$0.2448.45%
  • bitcoin-cash
    BCH$436.007.41%
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • ICO News
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
    • Contact Us
    No Result
    View All Result
    Cryptotelegraph.com
    No Result
    View All Result
    Home News Bitcoin News

    Trader: Bitcoin in a Precarious Position Following OKEx-Induced Selloff

    Andy K by Andy K
    October 17, 2020
    in Bitcoin News
    Reading Time: 2min read
    3k 31
    0
    Trader: Bitcoin in a Precarious Position Following OKEx-Induced Selloff
    4.1k
    SHARES
    33.8k
    VIEWS
    Share on FacebookShare on Twitter
    • Bitcoin’s price action has been incredibly lackluster throughout the past few days and weeks
    • Bulls and bears have both reached an impasse, which comes despite there being a flurry of both bullish and bearish news
    • Throughout the past few weeks, bulls have been able to dodge any sustained declines resulting from news surrounding the CFTC’s charges against the BitMEX co-founders as well as a $150m KuCoin hack
    • Bullish developments surrounding companies like Square buying BTC has helped negate the impacts of these bearish events
    • Another potentially impactful event that is now unfolding is the arrest of OKEx’s founder
    • The exchange has now frozen withdraws, leaving 200,000 Bitcoin in limbo

    Bitcoin’s price was flashing some signs of strength throughout the past couple of days, which is now being suppressed by the news surrounding the arrest of OKEx’s founder in China.

    Because he had to regularly conduct withdraw authorizations, him being in police custody has caused all of the crypto locked within the platform to be locked.

    Related articles

    Dogecoin Price Shoots 50% Higher as Bitcoin Nears $30,000

    Dogecoin Price Shoots 50% Higher as Bitcoin Nears $30,000

    January 4, 2021
    33.8k
    Bitcoin Momentum Likely to Continue as Bulls Shatter Critical Resistance

    Bitcoin Momentum Likely to Continue as Bulls Shatter Critical Resistance

    January 4, 2021
    33.8k

    In total, over 200,000 Bitcoin sits on the platform, which accounts for over 1% of the total supply of the cryptocurrency.


    14 BTC & 95,000 Free Spins for every player, only in mBitcasino’s Exotic Crypto Paradise! Play Now!

    BTC has yet to face any harsh decline due to this news, but its price is slowly drifting lower.

    One analyst is now noting that he is waiting for this situation to get resolved before taking any positions on Bitcoin.

    Bitcoin Sees Tempered Downtrend as Fears Regarding OKEx Mount

    At the time of writing, Bitcoin is trading down just over 1% at its current price

    Read More From Original Source

    Tags: BTCUSDbtcusdtxbtusd
    Share1622Tweet1014
    Andy K

    Andy K

    Andy is a former Forex Trader who got involved in the crypto industry early January 2013. Since then Andy has been writing about cryptocurrencies and blockchain technology within various online crypto news publications. He is also one of the main contributors to Cryptotelegraph.com

    Fun Fact : Andy's nickname in the office is 'Crypto Head' due to a small 'bitcoin' tattoo behind his left ear (now that's dedication to the industry)

    Related Posts

    Dogecoin Price Shoots 50% Higher as Bitcoin Nears $30,000

    Dogecoin Price Shoots 50% Higher as Bitcoin Nears $30,000

    by Andy K
    January 4, 2021
    0
    33.8k

    Dogecoin is up 50% in the past 24 hours, making it the best-performing crypto asset of the top 100 by...

    Bitcoin Momentum Likely to Continue as Bulls Shatter Critical Resistance

    Bitcoin Momentum Likely to Continue as Bulls Shatter Critical Resistance

    by Andy K
    January 4, 2021
    0
    33.8k

    Bitcoin has seen some massive momentum throughout the past few days, with the cryptocurrency’s price rallying to new highs over...

    Bitcoin Plunges 8% to $30,500 Amid Rapid Weekend Price Action

    Bitcoin Plunges 8% to $30,500 Amid Rapid Weekend Price Action

    by Andy K
    January 4, 2021
    0
    33.8k

    After peaking at $33,350 earlier today, Bitcoin plunged as low as $30,000 on leading exchanges just minutes ago. Yet in...

    Bitcoin Surge Isn’t Over Yet, Why BTC Could Hit $34K Soon

    Bitcoin Surge Isn’t Over Yet, Why BTC Could Hit $34K Soon

    by Andy K
    January 4, 2021
    0
    33.8k

    Bitcoin price remained in a bullish zone and climbed above $30,000 against the US Dollar. BTC corrected lower after reaching...

    TA: Bitcoin Takes Back Seat After Massive Rally, Why BTC Could Restart Surge

    TA: Bitcoin Takes Back Seat After Massive Rally, Why BTC Could Restart Surge

    by Andy K
    January 4, 2021
    0
    33.8k

    Bitcoin price surged above $32,000 and traded to a new all-time high near $34,780 against the US Dollar. BTC is...

    Load More

    Discussion about this post

    Cryptotelegraph.com

    The Cryptotelegraph is a Crypto News Magazine ‘Startup’ that hunts high and low to compile the very latest crypto news and reviews from around the web, whilst at the same time producing thought provoking articles and interpretations surrounding the cryptocurrency market today!

    Read More

    Crypto News

    Data Shows Institutions are Buying Bitcoin Above $30,000 Despite Turbulence

    Bullish For Bitcoin: US Inflation Expectation Breaks Out From Decade Long Downtrend

    TA: Bitcoin Revisits $34K, Why BTC Could Surge To New ATH Above $35K

    TA: Bitcoin Price Starts Fresh Increase, Why $33,500 Is The Key

    Bitcoin Uptrend From $20K Has Been Lost According To Parabolic Indicator

    Dogecoin Price Shoots 50% Higher as Bitcoin Nears $30,000

    Donations Welcome

    Bitcoin Address : 3AhxNswMkD5tjJJ544NRCwWhCDXHJ5GTzq
    Ethereum Address : 0x9627FB741C19e1a70E7006F2B0D0c26d14AA1816
    Bitcoin Cash Address : qq93an6n9unnu496vpcx684zekkmn4yk6g79kllf7d
    Litecoin Address : MKVphBBJkBbjSh4D6aFLds9XHE1rnS9iHW

    © Copyrights 2019 Cryptotelegraph.com. All Rights Reserved.

    Contact    About    Privacy & Cookie Policy

    No Result
    View All Result
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • ICO News
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
    • Contact Us

    © Cryptotelegraph.com

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.