BitDigest October 6 · Issue #757

Oct 6, 2020
  • Bitcoin dominance breaks back above 58% as bitcoin remains range-bound sub $11,000
  • Canada is trying to address the risk associated with anonymous CBDCs
  • John McAfee arrested for failing to pay crypto related taxes
BitDigest October 6 · Issue #757

Crypto Fear and Greed Index

The Fear & Greed Index for bitcoin and other large cryptocurrencies inched two point higher bringing the sentiment gage into a neutral position at 47. Over the past 30 days the index has held within a range of 38 to 52 following its dramatic drop from 80+ levels to begin the month of September.

BitDigest October 6 · Issue #757

October 15 is Coming

The upcoming date of October 15th is garnering some discussion in crypto circles, but why?   October 15th is projected date of an upcoming creditor meeting in the 6-year old Mt. Gox bankruptcy proceeding. As I was told by 507 Capital, a firm that actively trades Mt. Gox claims, “everyone is expecting insight on distributions on claims/ more information on the Civil Rehabilitation plan.”

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