Another week, another round of Crypto Tidbits. Again, Bitcoin (BTC) saw a relatively meek week in terms of price action, or lack thereof; the leading cryptocurrency fell by 5% over the course of the week, but still seems to be stuck in a tight range as a trend fails to be established.
Despite this, the industry continued to chug forward. Bakkt’s Bitcoin volumes have shot through the roof as institutional interest picks up, Huawei’s CEO expressed skepticism towards blockchain technologies, and the FBI revealed that it is wary of the threats posed by cryptocurrencies.
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“Today we set a new daily record of 1,756 Bakkt Bitcoin Futures contracts traded.”
A wealthy person gifts you $10,000. You get to choose in which form you’ll accept the gift.
But there’s a catch: You must keep the gift in the form that you choose for 10 years without touching it.
In which form would you accept the gift?
— Ron Paul (@RonPaul) November 4, 2019
Featured Image from ShutterstockCrypto Tidbits: Bakkt’s Bitcoin Market Explodes, Huawei CEO Skeptical of Blockchain, FBI Wary of Cryptocurrency on NewsBTC.