Bitcoin Diamond (BCD) is about to have its Binance wallet opened for deposits and withdrawals. Binance participated in the hard fork by distributing BCD balances but did not allow new deposits or withdrawals.
https://twitter.com/binance/status/1037227275308003329
The lockdown on the wallet meant there was only limited availability of BCD for trading on Binance, based on Bitcoin (BTC) balances. The exchange holds 168,791 BTC in its hot wallet, supposedly allowing for the same number of BCD.
The news immediately affected the BCD market price, which stood at $1.33 at close on September 4. It began rising from around 06:30 UTC onward on September 5, reaching as high as $4.03 before retreating to $3.81. Trading volumes immediately shot up, rising from about $1.3 million to just under $70 million as of 12.30 UTC on Wednesday. The re-opening of the Bin...
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