The most prominent crypto news of the week
Once again, to end the week we will expose the most outstanding crypto news of the last days. Highlighting that this occasion is special, since we have unique items for the Consumer Electronics Show - CES 2020 .
Has the price of Bitcoin bottomed out?
Starting with one of the traditional crypto news on the page, being an analysis of the Bitcoin price of the last few days. Noting that volatility has been intense in the first days of the year, with considerable ups and downs. For this reason, a study is carried out between past behavior and expectations for the future.
Therefore, if you have assets valued in this crypto, we invite you to read our article, considering that information is the most important thing in this type of market.
CME Bitcoin Options Could Boost Market
Continuing, we find one of the traditional crypto news of 2019, given that it was a sensation during the last quarter of the year. We refer to Bitcoin Options, which continue to be a trend this new year. On this occasion, we present CME's proposal to stimulate the cryptocurrency market, designing a new platform and options.
As stated, these Bitcoin options seek to compete with the Bitcoin Futures that we exposed at the end of last year. In particular, it seeks to dethrone Bakkt with its futures market.
Libra is the solution to Bitcoin raised at CES
This is one of the first crypto news to be exposed at CES 2020, highlighting that it was also the return of unborn crypto. We refer to the resurgence of Facebook's Libra, which returns hitting Bitcoin. In short, this time we present what was raised on stage by the vice president of the Libra Association.
According to the above, Libra is the stablecoin that will function as money, since Bitcoin does not serve as a means of payment according to their words.
Bitcoin as the alternative in the global recession
However, we also present an opposite opinion to the previous one. This time we find an opinion that raises Bitcoin as the definitive alternative. According to the article, the world is approaching a recession on a global scale, therefore, an escape route is necessary, being Bitcoin.
Finally, we invite you to join us next week to learn more about important crypto news. Particularly with events that are coming up, like Brexit, and those that we cannot predict. https://www.cryptocrypto.co.za/