Bitcoin’s obituary and a Starbucks blockchain: Bad crypto news of the week

in GEMS2 months ago (edited)

As the cryptocurrency lost value this week, the Bitcoin Obituary had to add another speech to the list.

Analyst Willy Woo believes that chain indicators, such as the NVT ratio, indicate a bullish prospect, while Su Zhu of Three Arrows Capital believes that a rise to $ 100,000 is more likely than a decline to $ 5,000.

Meanwhile, Starbucks is now preparing to use the blockchain to track coffee beans and allow for greater product transparency.

It has been a difficult week for Bitcoin.


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