RATE Group | Bitcoin News End of the Year Wrap-Up
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Bitcoin News End of the Year Wrap-Up

30 Dec Bitcoin News End of the Year Wrap-Up

Posted at 15:43h in Bitcoin News by

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Bitcoin News End of the Year Wrap-Up

Bitcoin’s tenth year in operation is coming to a close, and what a roller coaster of a year it was. Today we perform a quick, retrospective review of some of the events that defined 2019 for bitcoin traders, holders and enthusiasts alike. For the most part, things were pretty positive, with of course some setbacks happening in the form of the usual suspects (such as exchange hackings, of which there were plenty this year).

  • Positive events of 2019: SegWit adoption hit all-time highs, meaning more transactions are being fit into a block than ever before, and as a result transaction fees have been relatively mild. The Lightning Network made huge strides, with a record 10,000 individual nodes running by September. Bakkt Futures trading launched, giving institutional traders a legitimate, government-sanctioned entryway into bitcoin price speculation. China, home to many of the biggest BTC mining pools, began to reverse its anti-crypto stance…

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