Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
Something about a hard fork? The biggest news last week was the split in the BCH blockchain. There were some pointed words from both sides of the divide, mainly Roger Ver vs. Craig Wright, and while both have vowed to see this through to the bitter end, exchanges are starting to show favour one way or another. One thing is for certain, the markets did not like all the controversy and speculation.
But it wasn’t all doom and gloom. Amid the sell off, stable coins surged in popularity, increasing their 24hr trading volume by 200% in some cases. And the managing director of the International Monetary Fund hinted that there could be a future for central-bank backed digital currencies.
Below we have our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.
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