The 7 most prominent Bitcoin events of the week
This time we expose the most outstanding Bitcoin events of the week, explaining each one and its relationship with the market. We have decided to make an article with the 7 most prominent Bitcoin events. Demonstrating a historical thread on the most important events of the currency that has given birth to what we know today.
1. Moment to Grow
One of the first Bitcoin events to highlight is one that caught users by surprise, being a sudden growth in the short term. However, it should be noted that its growth manifested unstable behavior. This means that it maintained an upward trend, but there were times when prices contracted. In our article on this event we explain the detailed explanation of this behavior, including its implications.
2. Without borders
Continuing with the history of the week, we find one of the Bitcoin events with unnoticed importance. It was announced that an ETP from New York will be traded from SIX, the Swiss Stock Exchange. This implies that projects that have an origin in the United States are not limited by the borders of the SEC, reached other spaces.
3. AI reaches the crypto market
This Bitcoin event was no surprise to the market, given that it was a matter of time until the AI reached Bitcoin, in this case with Deep Learning. On this occasion we exposed how a group of developers from India have managed to create an AI platform that helps price prediction. It should be noted that the platform only helps analyze the data, being the analyst who interprets. In addition, it is known that there are other cases which link AI with cryptocurrencies, however, this is the first that works as a financial tool.
4. Improve to grow
The following event is not directly associated with Bitcoin, however it affects it positively. Through a statement, Bitfinex people announced that their platform has effectively integrated the Lighting Network. It is an indirect positive impact for Bitcoin since now transactions are carried out more efficiently, both in speed and costs.
5. Everything that goes up must fall
Already in the middle of the week the fear of people occurred: Bitcoin falls. However, this Bitcoin event was different than the other times. First there was an accelerated growth of the currency, which in a matter of hours began to contract again.
6. Bittrex took a wave of whale?
Subsequently we find a story that falls on the skeptical theoretical field. What happened is that at least one third of your total assets moved outside of Bittrex. However, people wonder if this event was about a single whale or a hacker. For this reason, in our article we expose both points of view.
7. Inactive million dollar wallets
Finally, we find that at least 100 portfolios have been inactive since the last 5 years. The problem is that among those accounts they add up to a total of $ 30 billion, with thousands of tokens inside. Therefore, these millionaire accounts have a considerable portion of the current and mined Bitcoin tokens.
Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.