In the first weekend despatch of The Daily, we share some of the exuberance that’s greeted BTC passing the symbolic $4K threshold. We also check up on how the Grin developer fund is going and the progress that Cryptopia exchange is making in returning to full strength in the wake of its hack.
Also read: Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright
Traders Bullish as Bitcoin Passes $4K and BCH Soars
Having flirted with the price point for a few days, BTC finally mustered up the courage to ease into $4,000 territory early on March 16. Crypto twitter had a lot to say about this miniature milestone, which marked BTC’s first return to high ground since Feb 24. “Crypto Thies” proclaimed there to be a three-week buy signal, the first since October 2016, when BTC was at $500.
Not everyone was getting carried away with BTC’s latest price point, given its previous failures to hold this position. Nevertheless, given the major moves from scores of altcoins over the…