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Bitcoin price says keep calm and carry on By Cointelegraph

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COVID-19, Trump, KuCoin, BitMEX: Bitcoin price says keep calm and carry on

(BTC) price appears on the verge of closing another week pinned below the $11,000 resistance but given the major events of the week, things could have been so much worse.

The top-ranked cryptocurrency by market cap held its ground as KuCoin revealed more than $150 million worth of assets had been stolen from the exchange, and the price only stumbled slightly as the CTFC announced that legal action was being taken against BitMEX exchange.

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Cryptocurrency

BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV By Cointelegraph

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Price analysis 10/21: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV

The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal also revealed that U.S. account holders will be able to buy, sell, and hold cryptocurrencies in the PayPal app.

The company plans to extend this service to a few other countries in the first half of 2021. PayPal’s decision has significantly increased the reach of cryptocurrencies. Now many of the company’s 346 million active users will have the options to engage with cryptocurrencies and become investors if they choose.

Daily cryptocurrency market performance. Source: Coin360