Bitcoin news 2019
Here are some of the most significant Bitcoin news stories from 2019:
January
- Bitcoin's price surged to nearly $14,000 in early January, sparking a wave of interest in the cryptocurrency.
- The Bitcoin futures market saw significant growth, with the CBOE Futures Exchange (CFE) reporting a record 12,000 contracts traded on January 2.
February
- The Bitcoin Cash (BCH) hard fork, which aimed to increase the cryptocurrency's block size and improve scalability, was successfully implemented.
- The US Commodity Futures Trading Commission (CFTC) approved the LedgerX options exchange, allowing it to offer regulated Bitcoin options trading.
March
- The price of Bitcoin dropped to around $3,500, sparking concerns about a potential bear market.
- The SEC rejected a proposal by the Winklevoss twins to launch a Bitcoin ETF, citing concerns about market manipulation and lack of regulatory oversight.
April
- The Bitcoin Cash (BCH) community split again, with a new fork called Bitcoin SV (BSV) emerging.
- The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) issued guidance on the use of cryptocurrencies for money laundering and terrorist financing.
May
- The price of Bitcoin surged to over $8,000, driven by increased institutional investment and speculation about a potential ETF approval.
- The SEC approved the listing of a Bitcoin ETF on the Chicago Board Options Exchange (CBOE), but it was later withdrawn due to lack of interest.
June
- The Bitcoin Cash (BCH) community voted to increase the cryptocurrency's block size, aiming to improve scalability and reduce transaction fees.
- The US Federal Reserve announced plans to explore the use of digital currencies, including Bitcoin, in its monetary policy.
July
- The price of Bitcoin dropped to around $10,000, sparking concerns about a potential bear market.
- The SEC charged two individuals with fraudulently promoting a Bitcoin-based investment scheme.
August
- The Bitcoin Cash (BCH) community voted to implement a new consensus algorithm, aiming to improve the cryptocurrency's scalability and security.
- The US Treasury Department's Office of Foreign Assets Control (OFAC) issued guidance on the use of cryptocurrencies for sanctions evasion.
September
- The price of Bitcoin surged to over $12,000, driven by increased institutional investment and speculation about a potential ETF approval.
- The SEC approved the listing of a Bitcoin ETF on the New York Stock Exchange (NYSE), but it was later withdrawn due to lack of interest.
October
- The Bitcoin Cash (BCH) community voted to implement a new consensus algorithm, aiming to improve the cryptocurrency's scalability and security.
- The US Federal Reserve announced plans to explore the use of digital currencies, including Bitcoin, in its monetary policy.
November
- The price of Bitcoin dropped to around $8,000, sparking concerns about a potential bear market.
- The SEC charged two individuals with fraudulently promoting a Bitcoin-based investment scheme.
December
- The Bitcoin Cash (BCH) community voted to implement a new consensus algorithm, aiming to improve the cryptocurrency's scalability and security.
- The US Treasury Department's Office of Foreign Assets Control (OFAC) issued guidance on the use of cryptocurrencies for sanctions evasion.
These are just a few of the most significant Bitcoin news stories from 2019. The year was marked by significant price volatility, regulatory uncertainty, and ongoing debates about the future of the cryptocurrency.