This week in crypto.

Here I will share the details which happened in crypto for a week.
* The real block F1 raises 30M
* Bitcoin futures interest tops $30 billion
* Voyager buys circle investment app
* Libra coin considering shift to USD peg.

This week was really great for the crypto community! Though I was shocked by seeing that Libra coin is really coming by pegging with USD. Though there was a rumour about it, but I expected Libra coin will have their own blockchain, not just USD Pegg! And that was a very good achievement that Bitcoin futures are getting more acceptance widely, and this week, we hit the best price for Bitcoin and Ethereum for 2020! From now, we can expect 2020 will be a great year for the crypto industry.

After I searched for a few articles about it, it makes me happy that crypto is being adopted more and more, for "Libra coin considering shift to USD peg", hasn't it been published a long time ago, I mean is that most articles have contained that for a long time from 2019.

Hello everyone. I think you can found a vivid list of details here in my update for crypto activities and event that occured. This week in crypto (week 7).

The update is brought to everyone by GAINs announcment. So please, feel free to check on everyday update.

Quote from: hirngespenst on February 16, 2020, 02:30:11 PM

From now, we can expect 2020 will be a great year for the crypto industry.

This isnt sure yet. But I hope 2020 could bring more opportunity and potential to crypto industry.

Quote from: mahilchii on February 16, 2020, 02:14:59 PM

So, these might be the factors that affected the bitcoins price and pushed it down a bit? Isn't it that Libra coin is a stable coin and already pegged to USD?
I think many people stopped following any updates from them because of the delay caused by their government.

Quote from: tabas on February 17, 2020, 08:04:30 AM

Quote from: mahilchii on February 16, 2020, 02:14:59 PM

These are not factors for affecting the current BTC price. The price movements are as usual and the BTC is trying to break the resistance level of around $10500. For breaking the same the BTC might correct towards the 21 days moving average for the next try for breaking the resistance. As far as I know Libra was planned as a stable coin so it's not new.

Quote from: mahilchii on February 16, 2020, 02:14:59 PM

The Bitcoin futures news is huge, but I was just thinking recently about the effect the futures market is going to have on the price of Bitcoin and the market in general. The rate people are gambling in the space is turning to greed and with all these exchanges encouraging it, it could be what would kill the coming bull run

Quote from: thottum on February 17, 2020, 08:11:11 AM

Quote from: tabas on February 17, 2020, 08:04:30 AM

Quote from: mahilchii on February 16, 2020, 02:14:59 PM

In Libra, that's what got me confused. I knew it that it's a stable coin and that's why I'm asking why he included that to his list of what happened for this past week.
There must be some other bigger news that affected bitcoin's price, I know the usual movement of it but there must be sort of huge contributor.