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Samsung integrates Bitcoin {BTC} support for Blockchain Keystore; bullish run imminent


For now, Bitcoin remains under control of the sellers. The present price of BTC is $10,463.90. The trading volume recorded is $18.483 billion, while the supply has 17,875,600 BTC tokens in play. The total market cap of Bitcoin is $187.048 billion. BTC sunk by 7.5% in a span of the passing day.

Samsung [headquartered in South Korea] has incidentally added support for the king coin in relation to the Blockchain Keystore. This move was welcomed by the cryptosphere. Now, Klaytn [of Kakao] along with Bitcoin is supported on this platform.

So far, 6 of the devices [ Note10 and Note10+, S10 and so on] in nations such as Switzerland, the U.K., South Korea, Spain, etc will have access to this feature. Without a doubt, this is a test-run by Samsung aimed at understanding the psyche of their users.

The blockchain and dApp SDK [Software Development Kit] initiative by Samsung. This enables payments, backup and other characteristics. Previously, the Ethereum chain had been supported by the Samsung Keystore.

HTC had released Exodus back in 2018. This model is powered by a blockchain network. The U.K. Advertising Standards Authority [ASA] has decided to move forward with complaints surrounding ads by BitMEX. According to the ASA, the advertisement had been misleading for new investors.

The organization has banned the ad to be further circulated within the borders of the United Kingdom.

The CEO of BitMEX, Arthur Hayes, had a rather publicized spat with Nouriel Roubini a month ago. Roubini has been criticized by many developers belonging to the crypto-community, including Charlie Lee. The CFTC have also been looking into the financials of BitMEX in order to discover whether traders hailing from the U.S. have been using their services in recent times.

The MACD line has sunk below the signal line, indicating incoming bearish momentum. The RSI [for 10 periods] has been heading down, and is now at 42.09.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.