01 Nov Forget The Halving—Could This Be What Sends Bitcoin Soaring Next Year?
[ad_1]
Bitcoin and cryptocurrency market watchers have been eagerly awaiting next year’s bitcoin halving–something that many think could boost the bitcoin price.
The bitcoin price, after a difficult 2018, has somewhat recovered this year. One bitcoin is now worth more than 150% of its January price, making it 0ne of the best performing assets of 2019.
However, real world bitcoin adoption remains subdued and trading volumes have largely stalled. Now, a newly announced consumer app for bitcoin and cryptocurrency purchases from bitcoin futures exchange Bakkt potentially the catalyst for bitcoin’s next leap higher.
The bitcoin price has soared so far this year but has failed to return to its all-time high set in … [+]
Bakkt, a New York Stock Exchange-owner backed bitcoin and cryptocurrency venture, announced this week it plans to launch a consumer app for cryptocurrency purchases in 2020.
U.S. coffee chain Starbucks will be its first launch partner, with the…
[ad_2]
Source link