To end the work week, it is necessary to stop to observe what has happened with the market in general. Therefore, on this occasion we started with the news of Bitcoin’s highlights of the past few days. In this way, we can do a count of the most significant events.
Contents
The prices change
Starting with the good news of Bitcoin for people who possess the coin, since it seems that we are experiencing an upswing of prices. Noting that the first great moment of currency was when it reached $ 8.500. In addition, it should be noted that at the time of writing the news, Bitcoin has a value of $ 8.888, each time more near of the $10,000. However, it should be noted that this phenomenon is not a rally of Bitcoin, given that the rally are experiencing the altcoins. Noting that this rally was so spontaneous that even the experts fail to justify this rapid change. Even say the phrase “did not change“, showing how confused they are. Returning with the news of Bitcoin, we find a most encouraging for the current pricing, which if it is a change explicable. According to the administrator of the funds, Grayscale, Bitcoin is being recognized and used by the institutions. To this point is the approval that in the year 2019 broke the record of volumes invested in Bitcoin. We discussed that it is justifiable this achievement by the changes that has had that experience Bitcoin, achieving position and placed on his throne.
Not all of them are good
However, it is a though to expose that not all the news of Bitcoin have been positive. Starting with another ETF that succumbed to the pressure of the SEC, causing it to withdraw its attempt to create an ETF for Bitcoin. It is painful to expose articles in this style because it reminds so misunderstood that they are still the cryptocurrencies by the regulators. Although it must be noted that have occurred advances through the world, there are cases like these that reflect the complicated part of owning a project of crypto today. In addition, we have the work of to announce that one of the first developers of Bitcoin, which he spent years of his life in this unique project and decentralized, has died. The January 12, 2020 the developer Tamás Blummer succumbed to cancer, for which, rest in peace and his legacy continue strong. To finish, a piece of news that can brighten up some and annoy others, again being the favorite or enemy of Bitcoin, Craig Wright. On this occasion, it appears that Wright may have gained access to 1 million of Bitcoin to be able to comply with the judge’s order. In this way we end the week, inviting them to join us during the weekend and next week. At best, Wright is unable to demonstrate that it is Satoshi Nakamoto or the SEC changes its mind. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.