RATE Group | Bitcoin News Summary – September 30, 2019

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Bitcoin News Summary – September 30, 2019

30 Sep Bitcoin News Summary – September 30, 2019

Posted at 06:11h in Bitcoin News by admin

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Here’s what happened this week in Bitcoin.

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Crypto markets suffered a serious drop this week. Bitcoin led the market downwards, as it slipped below its support level of $10,000. Bitcoin’s falling dominance is perhaps a result of stablecoins holding steady during this market decline.

Binance.US, the American arm of cryptocurrency exchange giant Binance, has announced it is starting trading fiat-crypto and crypto-to-crypto trading pairs this week. The trading platform lists seven cryptocurrencies immediately upon launch; including Bitcoin, Binance coin (BNB), ethereum, XRP, bitcoin cash, litecoin and Tether. Users who already have deposits with Binance.com will not see their funds automatically transferred to the U.S. platform.

The Bakkt Futures exchange, offering futures contracts backed 1:1 with BTC, finally launched last week after much delay. Institutions may now trade Bitcoin on Bakkt, an exchange operated by the same…

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