Altcoins

Crypto Tidbits: Bitcoin Passes $5,000, SEC Doubles-Down On Crypto, Binance DEX Nears

from News BTC 5 years ago 0 0 922

Another week, another round of Crypto Tidbits. I think it would be fair to say that the bulls are back (for the time being) baby! Over the past week, the vale of Bitcoin (BTC) has exploded, pushing past $5,000 for the first time since mid-November.

This bullish price action, a move deemed “too far, too fast” by some analysts, has all been underscored by a number of key developments in the underlying industry. Over the past seven days, PayPal has delved into the blockchain space, the SEC has cleared the waters about ICOs, Binance announced a tentative date for its decentralized exchange, Deconomy took place, and crypto returned to the mainstream… again.