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06 March 2021

Bitcoin Is Worth $1T and OKCoin Delists BCH and BSV - CoinDesk

Bitcoin Is Worth $1T and OKCoin Delists BCH and BSV - CoinDesk


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This was an important psychological event, proving that bitcoin wasn’t just a usable currency, but a viable, alternative monetary system.

Institutions are rapidly entering the bitcoin economy at a moment when the U.S.

It’s unlikely the entire global economy is denominated in satoshis – even less so in “bits”– but bitcoin could become a viable global reserve asset.

This exchange ain’t big enough … OKCoin is delisting bitcoin cash (BCH) and bitcoin SV (BSV) to prevent new customers from confusing these two forks for bitcoin (BTC).

Bitcoin Cash is a clone of Bitcoin, with minor adjustments to increase block sizes.

Systemically important: bank says Bitcoin, and the wider crypto market, could face a severe liquidity shock if traders lost faith in tether (USDT), according to JPMorgan analysts

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