Bitcoin Hits $10.5K in Minutes as Keiser Says Price ‘About to Explode,’ Binance Unveils Its First Crypto Lending Service, & Other News

Price Analysis 26/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
What's going on with the crypto markets today? Read our price analysis.

Binance Unveils Its First Crypto Lending Service Launching This Month 
Major crypto exchange Binance will launch its first crypto lending product on Aug. 28, 2019. According to an official announcement, holders of Binance coin, Ethereum Classic and Tether will be able to lend their assets and earn interest through Binance's new service called Binance Lending.

Bitcoin Realized Market Cap Hits $100 Billion for the First Time
Realized market cap ー an alternative calculation of Bitcoin's market capitalization ー is now at record highs, passing $100 billion, according to data aggregator Coinmetrics.io.

Bitcoin Hits $10.5K in Minutes as Keiser Says Price 'About to Explode'
Bitcoin prices temporarily passed $10,500 as the largest cryptocurrency started the week in a bullish mood. Analysts and commentators were buoyant once more after a week of uncertainty. "Bitcoin is a coiled spring about to explode higher," RT host and regular Bitcoin bull Max Keiser tweeted about the price potential.

After Switzerland Visit, Crypto Concerns Remain for US Regulators   
David Marcus, the vice president of messaging products at Facebook and co-creator of Libra, said that Switzerland was a good regulatory fit for the goals of the project. However, many U.S. lawmakers were not convinced and voiced concerns that Facebook would relocate to Switzerland so as to avoid legal scrutiny in a move of regulatory arbitrage.

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Quote of the day
 
"Bitcoin is a coiled spring about to explode higher"

Max Keiser
RT host and regular Bitcoin bull 

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