Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
The biggest late-breaking news last week was that NYSE parent company Intercontinental Exchange will be releasing a new exchange for bitcoin futures called Bkkt, with support from major retailers such as Starbucks. Though it’s worth pointing out, Starbucks was quick to reiterate they have no plans to start accepting BTC as a form of payment any time soon. Despite the scale of this news, the market did not take long to resume a downward trend, which continued for the balance of the week.
Other big stories this week centred around investment into new products and projects, as well as some big scams that have been revealed.
For the team at Copper, we have been hard at work fine-tuning the beta releases of Copper Unlimited, our secure offline custody application, and the Copper Platform for buying/selling. The feedback we’ve been getting from clients is very positive and we look forward to releasing some big news next week.
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