BITCOIN (BTC) OVERVIEW

Whatever the cynics out there want to call bitcoin.  Bitcoin’s Price has fallen back to the psychologically important $10,000 level. Here is the short but intresting overview of what happened in bitcoin over the past week. It will surly help the beginners .

1.  Transaction fees have remained remarkably low this week .
2. Coinbase and Bitfinex will also be integrating SegWit – a technological upgrade to the Bitcoin protocol.
3. Bank of America admitted in a report to the SEC that cryptocurrency represents a competitive threat.
4. BOFA  has barred its clients from purchasing crypto with its credit cards. 
5. Citigroup and JP Morgan have also prohibited credit card usage for crypto purchases.
6. The Israeli Tax Authority ruled that Bitcoin will be classified as an asset rather than as a currency. 
7. Venezuela’s President Maduro announced that the country will accept all cryptocurrencies.

That’s what happened this week in Bitcoin.Did i missed something or want to say or share some info please do comment below . do let the knowledge spread. 

DISCLAIMERS:

THIS #ARTICLE IS NARRATED FROM DIFFERENT SOURCES   COINBASE , NEWS BTC   &  cointelegraph This #article should not be taken as, and is not intended to provide, #investment #advice. Please conduct your own thorough research before #investing in any #cryptocurrency.    you can find more helpfull content At https://99bitcoins.com. 

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