Dec 14, · On Friday, business intelligence firm MicroStrategy raised $ million through a convertible senior note sale to fund bitcoin purchases. Since . Jun 10, · CBOE stops trading Bitcoin futures starting from June 19, while CME has recently enjoyed a record high volume of 33, contracts for cryptocurrency derivatives. Chicago . Dec 19, · Bitcoin's Value Surpasses $23,, Critics Claim Its a ‘Bubble’ As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach? The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door.
Bitcoin ceased tradingGerman Regulator Seizes Crypto ATMs - CoinDesk
Japanese exchange Mt. Gox ceased operations in February after announcing a fund loss of , BTC in long-term attacks. The deadline for a plan to distribute some , bitcoin back to investors is Dec. Also read: Missed the Bitcoin Rally? Gox bitcoin it is a huge risk for the market. Subscribe to Blockchain Bites , our daily update with the latest stories. As the year is still ongoing, it is hard to say for sure where Bitcoin is going. What makes it particularly hard to estimate is the fallout of the coronavirus.
While some are Bitcoin evangelists believe that the pandemic will lead to more Bitcoin adoption, others point out that Bitcoin hasn't seen much in terms of growth yet this year. Further to that, it is very possible that the economy may be hit very hard, which could stall interest and investment. As with any financial market, the future of Bitcoin cannot be assured, but in the few years since its inception, it has opened the financial world to digital possibilities and become widely accepted and used across markets.
If you remember anything from this article, make it these key points. Want to learn more about cryptocurrency and how to trade? Then sign up to our cryptocurrency trading course!
Cryptocurrency Trading Articles. Last Updated August 19th Are you Interested in Trading Bitcoin? Key points If you remember anything from this article, make it these key points. It took a long time for Bitcoin to be seen as something with value. In and , Bitcoin entered a period of stagnation. Some believe the virus is the perfect opportunity to shine, others are not sure.