Trace Mayer News

The second annual event challenging investors to take their Bitcoin off exchanges is seeking to become bigger than ever as more users enter the space.

The Mayer Multiple calculates that by the time of the 2020 block reward halving, BTC/USD should have reached $30,500.

A representative of crypto exchange HitBTC told Cointelegraph that reported withdrawal blocks were part of international KYC and AML measures.

Trace Mayer and John McAfee are among critics claiming the exchange is limiting withdrawals in the run-up to the Proof of Keys event.