For once in a blue moon, the Bitcoin (BTC) market saw notable price action over the past week. On Friday, the aggregate value of all crypto assets saw a 9% hike, as Litecoin (LTC) posted a jaw-dropping 34% gain to precede a collective market rally. BTC moved above $3,700, catalyzing optimists’ quips that further recovery is inbound.
This aside, the fundamental side of this budding space posted just as strong of a performance, as notable strides were made by crypto startups. ErisX, a crypto trading platform backed by TD Ameritrade, secured three key staffers, Abra revealed a plan to allow its users to purchase U.S. equities with Bitcoin, and Kraken finalized a $100+ million deal straight out of left field.
- Twitter CEO Lauds Bitcoin, Makes Public Lightning Network Transaction: Just days after Jack Dorsey took to Joe Rogan’s podcast to laud the merits of Bitcoin, the chief executive of both Square and Twitter, made a surprise appearance on what is best known as…
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