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Crypto Tidbits: Bitcoin Surges, XRP Exchange Hack, LedgerX's BTC Futures, Chainlink on Coinbase

Crypto Tidbits: Bitcoin Surges, XRP Exchange Hack, LedgerX’s BTC Futures, Chainlink on Coinbase

Another week, another round of Crypto Tidbits. Wow, what a crazy week it’s been for Bitcoin (BTC). Not only was the market absolutely absurd, with BTC finding itself riding on a proverbial rollercoaster, but so was the underlying industry.

Related Reading: Analyst: Bitcoin is Still in a Clear Uptrend Despite Recent Crash; is a Move Towards $20k Imminent?

Over the past seven days, we’ve seen everything really: Bitcoin up 20% in a day’s time, a $2,000 crash in minutes, and bouts of volatility and volume not seen since 2017’s peak. Anyhow, BTC, as of the time of writing this, is at $11,600, up 8% on the week. During the same time span, most traditional assets lost value, accentuating the uncorrelated nature of crypto assets.

On the fundamental side of the industry, a key exchange was cleared for BTC futures, crypto startups bagged huge partnerships, and institutional involvement continued. All good signs for the seemingly impending bull market. Let’s take a closer look, shall we?

Related Reading: Crypto Tidbits: Bitcoin Above $10,000, Facebook Launches Libra, Ripple & Moneygram Team Up

Crypto & Bitcoin Tidbits

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