Bitsnapp weekly #8 — Bitcoin on track for biggest yearly loss on record?

Bitsnapp
Bitsnapp
Published in
3 min readDec 9, 2018

Bitcoin’s recent drop to 14-month lows has left the cryptocurrency on track for its biggest ever yearly loss

Winners and Losers (TOP 50)

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Recap

Bitcoin’s recent drop to 14-month lows has left the cryptocurrency on track for its biggest ever yearly loss. The price dropped to 14-month lows below $3,500, reaching $3,210 on Bitstamp.

Leaders at te G20 summit in Argentina announced a plan to regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF [Financial Action Task Force] standards.

The SEC delayed making a decision on VanEck’s Bitcoin ETF application until February 27, 2019. The postponement was largely expected, as 2018 draws to a close amid the ongoing crypto bear market.

Bitcoin SV has overtaken Bitcoin Cash and has become the fifth-largest cryptocurrency after going on an unforeseen bull run.

Podcast of the week

Crypto Voices 53: Robert P. Murphy — Bitcoin in the Free Market

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Bitsnapp
Bitsnapp

Android crypto portfolio tracker, API sync for exchanges and mining pools, address tracking for many coins, charts, news and much more! https://bitsn.app