Bitcoin News Roundup for Oct. 16, 2020

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Oct 16, 2020 at 16:00 UTC.With BTC dropping, OKEx halting withdrawals and Filecoin launching, CoinDesk's Markets Daily is back for your latest crypto news roundup!

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While market sentiment may remain temporarily weak after the OKEx news, a price crash looks unlikely.

Withdrawals are suspended as a key holder is "Out of touch," preventing withdrawal authorizations.

Nigerian authorities are developing a roadmap for the adoption of blockchain technology in public administration and payments on a national scale.

Filecoin, designed as a decentralized alternative to Amazon Web Services, is now live as of block height 148,888, or 14:44 UTC.For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure.

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