Last week has not been the best one for Bitcoin (BTC) at all. The prominent cryptocurrency lost 4% of its value according to a report by Coin360. The same trend was reported by Altcoins. At the period of writing this, the trading price of BTC stood at $8,500. Also, it looked like it was ready to even suffer more losses along the line.
Not All Bad News
No matter the trends with the price, it is very noteworthy to state that there is some good news from the cryptocurrency and blockchain sectors. For example, there are indications that the largest bank in Canada is considering Bitcoin. That is not all. The most prominent media agency in China is also talking about Bitcoin. It is even more shocking considering the fact that it is controlled by the Chinese government. In addition to these, Ethereum has been recording some very good progress with its niche.
Crypto and Bitcoin Bits
RBC May Come Up with Crypto Asset Platform: This heartwarming report is coming from The Logic, an innovation-based media agency in Canada. The Royal Bank of Canada, the largest in the country with $660 billion worth of assets under its management is entering the crypto field. Read More...