RATE Group | Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear
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Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear

28 Sep Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear

Posted at 18:26h in Bitcoin News by

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Another week, another of Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days’ time. Altcoins have followed suit, posting similar, if not worse losses.

Unfortunately, the news cycle reflected the drop in the Bitcoin market. While there was a smattering of positive news events — an explosion in the Bitcoin hash rate and launches of crypto trading by finance giants — not much took place in the industry.

NewsBTC’s here to compile what took place over the past seven days that is important, however.

Related Reading: Crypto Tidbits: Bakkt Bitcoin Futures Inbound, NASA Hints at Blockchain Ambitions, Libra in Hot Water

Bitcoin & Crypto Tidbits

  • Bakkt Successfully Launches Bitcoin Futures: This week, Bakkt finally rolled out its physically-deliverable Bitcoin futures contracts — marking a massive step forward in the financialization of this market. Unfortunately, the product didn’t get much traction from the get-go, with its…

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