RATE Group | Bitcoin News Summary – February 10, 2020
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Bitcoin News Summary – February 10, 2020

10 Feb Bitcoin News Summary – February 10, 2020

Posted at 09:13h in Bitcoin News by

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Bitcoin reached a new milestone with the confirmation of its 500 millionth transaction. It took Bitcoin 8 years to reach the 250 million transaction milestone in late 2017 and a little over 2 years for it to double since then. We could see a billion completed transactions before the end of 2020.

Square, run by Twitter CEO Jack Dorsey; Pantera Capital, and other companies with strong existing crypto exposure have invested a combined $14 million into Transparent Financial Systems. The Seattle-based startup is aimed at creating a crypto-based monetary settlement service, with early indications being that it will work alongside existing US Dollar-based networks.

Crypto derivatives exchange FTX announced a new instrument called TRUMP-2020 which will allow traders to bet on whether President Trump will be reelected. The contract expires in November when the election is held. Its price will be $0 if Trump loses and $1 if he wins. It’s currently priced…

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