Bitcoin Information Abstract – June 24, 2019


Right here’s what occurred this week in Bitcoin in 99 seconds.

The bull pattern continued this week, pushed by Bitcoin’s breakout above the $10,000 degree. After breaking by way of $9,000 resistance, Bitcoin gained momentum to achieve as excessive as $11,150 on Saturday. These are the best ranges seen since June of 2018. The truth is, in line with our very personal HodlCalc, there have solely been 70 days in all of Bitcoin’s existence, the place shopping for and holding Bitcoin was thought of unprofitable.

Fb, the social media large unveiled its extremely anticipated and until-now secretive cryptocurrency, Libra. The Libra token will run on a blockchain community secured at launch by 100 distributed laptop servers, which can finally be totally ruled by the impartial Libra Affiliation. The group of 28 founding members of the Libra Affiliation consists of Visa, Mastercard, PayPal, Uber, Lyft, Coinbase, and others.

Crypto mining {hardware} large Bitmain is said to be relaunching its IPO plans, however this time within the U.S. as an alternative of Hong Kong. Bitmain is consulting with advisers over a U.S. public itemizing, probably within the second half of 2019.

And at last, Kaspersky Lab, the well-known Russian anti-malware agency, launched a cryptocurrency survey stating that 19% of individuals have purchased some type of crypto. The report additionally said that solely 10% of individuals really feel they perceive how cryptocurrencies work. 31% of respondents stated that crypto costs have to be extra steady earlier than they’d get entangled.

That’s what occurred this week in Bitcoin. See you subsequent week.  


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  • bitcoinBitcoin
    (BTC)
    $ 11,477.00 6.92%
  • ethereumEthereum
    (ETH)
    $ 301.39 6.31%
  • rippleXRP
    (XRP)
    $ 0.409315 4.55%
  • bitcoin-cashBitcoin Cash
    (BCH)
    $ 416.05 8.65%
  • litecoinLitecoin
    (LTC)
    $ 115.93 2.25%
  • ethereum-classicEthereum Classic
    (ETC)
    $ 7.80 4.48%
  • bitcoin-goldBitcoin Gold
    (BTG)
    $ 27.18 4.45%
  • bitcoin-diamondBitcoin Diamond
    (BCD)
    $ 1.16 9.24%