2019 may not go down as a year of breathtaking highs for cryptocurrency markets, but major strides have been made for mass adoption of digital payments and blockchain technology.
Bitcoin had a lackluster year in terms of trading and market value, as the preeminent cryptocurrency saw periods of both resurgence and decline.
In this article, Cointelegraph delves into these stories while exploring the biggest highlights of every month of 2019.Bitcoin's lowly startThe dawn of 2019 found Bitcoin, the world's preeminent cryptocurrency, trading below the $4000 mark following a difficult year for the global cryptol market.
Binance hacked while Facebook's crypto project is unveiledEarly in May, one of the world's biggest cryptocurrency exchanges, Binance, confirmed that it had been the victim of cyber theft in which over $40 million worth of Bitcoin was stolen from a hot wallet.
All the while, one of the biggest stories in the cryptocurrency space of 2019 began to unfold.
The documentation confirmed that neither cryptocurrency fell under the jurisdiction of the FCA.Good news for crypto tradersCryptocurrency traders in America were given some good news as Digital asset platform Bakkt announced the launch date of its highly-anticipated cryptocurrency futures markets.
Positive moves for crypto in China and IndiaNovember started off on a stronger note for the cryptocurrency industry as Chinese authorities officially scrapped plans to enforce the ban on mining in the country.
ETH one step closer to PoS, exhumation key to unlocking QuadrigaCX funds?December 2019 brought down the curtain on an interesting year for the cryptocurrency and blockchain sector.
A constantly changing landscapeThe end of 2019 brings down the curtain on an all-important decade for cryptocurrencies and blockchain.
Security concerns will always be a challenge for cryptocurrency exchanges, while the cryptocurrency community will continue to be openly critical of projects that aren't completely transparent about their operations.
2019 in Review: Another Year of Highs and Lows for Crypto
gepubliceerd op Jan 2, 2020
by Cointele | gepubliceerd op Coinage
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