This weekend, the Cote d’Azur sees the final day of the Cannes Film Festival and the glitz and glamour of the Monaco Grand Prix. Has the Bitcoin world been able to match that excitement this week?
Bitcoin Price – Coiling Up For The Next Push?
On the surface, one might almost believe that Bitcoin price was a non-story this week. BTC has ended the week pretty much exactly where it started, hovering around (but slightly under) $8000.
But the circumstances around that are perhaps the most telling indicators. We started the week having just pulled back to $8000 from the flash crash of the Friday before. Early in the week, BTC rallied to a YTD high of over $8300 before a rejection and pullback.
As widely expected, the SEC once again delayed its decision on the VanEck Bitcoin-ETF, with 14 areas that it has further questions on.
To much dismay, European authorities seized and shut down Dutch Bitcoin Mixer, Bestmixer.io.
Mainstream Bitcoin Acceptance
Telecoms giant, AT&T are now accepting bitcoin for your phone bill,