{"id":397389,"date":"2019-09-28T18:00:20","date_gmt":"2019-09-28T18:00:20","guid":{"rendered":"https:\/\/wncen.com\/?p=397389"},"modified":"2024-06-11T08:18:51","modified_gmt":"2024-06-11T08:18:51","slug":"crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/","title":{"rendered":"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear"},"content":{"rendered":"<p>Another week, another of\u00a0<a href=\"https:\/\/wncen.com\/?s=Crypto+Tidbits&amp;lang=en\" data-wpel-link=\"internal\">Crypto Tidbits<\/a>. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days&#8217; time. Altcoins have followed suit, posting similar, if not worse losses.<\/p>\n<p>Unfortunately, the news cycle reflected the drop in the Bitcoin market. While there was a smattering of positive news events \u2014 an explosion in the Bitcoin hash rate and launches of crypto trading by finance giants \u2014 not much took place in the industry.<\/p>\n<p>NewsBTC&#8217;s here to compile what took place over the past seven days that is important, however.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-395122 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?resize=996%2C664\" alt=\"\" width=\"996\" height=\"664\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=3000 3000w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=2048 2048w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_631187453-e43.jpg?w=1140 1140w\" sizes=\"(max-width: 996px) 100vw, 996px\"><\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/wncen.com\/2019\/09\/21\/crypto-tidbits-bakkt-bitcoin-futures-nasa-blockchain-ambitions-libra-hot-water\/\">Crypto Tidbits: Bakkt Bitcoin Futures Inbound, NASA Hints at Blockchain Ambitions, Libra in Hot Water<\/a><\/h6>\n<h2><strong>Bitcoin &amp; Crypto Tidbits<\/strong><\/h2>\n<ul>\n<li><strong>Bakkt Successfully Launches Bitcoin Futures:\u00a0<\/strong>This week, Bakkt finally rolled out its physically-deliverable Bitcoin futures contracts \u2014 marking a massive step forward in the financialization of this market. Unfortunately, the product didn&#8217;t get much traction from the get-go, with its first trading session seeing less than $1 million in volume. Due to this, many traders flipped bearish, bashing Bakkt for its inability to immediately draw in the &#8220;institutional herd&#8221;. It is believed that the pessimism around the exchange is what contributed to the sell-off earlier this week.<\/li>\n<li><strong>Facebook CEO Zuckerberg Doesn&#8217;t Commit to 2020 Launch:\u00a0<\/strong>Over the past few weeks, executives of the Libra Association and Facebook have claimed that the cryptocurrency will launch by 2020. Despite this, Facebook&#8217;s CEO, Mark Zuckerberg, said to the Nikkei Asian Review that he isn&#8217;t exactly too sure about that launch date, citing regulatory concerns.<\/li>\n<li><strong>Bitcoin Hash Rate Falls Off Cliff, Then Shoots to New Heights:\u00a0<\/strong>At the start of this week, Bitcoin&#8217;s hash rate metric suddenly fell off a cliff, falling from near 100 exahashes per second to 67. Investors were quick to express their concerns on online forums. Cornell University professor Emin G\u00fcn Sirer noted that this trend looks \u201cvery unhealthy\u201d, before going on to bash the seeming shortcomings of Bitcoin\u2019s Proof of Work system and its relation to exchange security. But, data readings from\u00a0Blockchain.com shows that Bitcoin is now doing fine. It\u2019s doing so fine, in fact, that the data provider estimates that Bitcoin\u2019s hash rate has breached 100 exahashes per second for the next time, hitting 108.5 exahashes per second on September 26th.<\/li>\n<li><strong>Venezuelan Government Doubles Down on Crypto:\u00a0<\/strong>According to four Bloomberg sources with &#8220;direct knowledge of the matter&#8221;, Venezuela&#8217;s central bank is purportedly looking to see if it can logistically and legally hold cryptocurrencies. A state-run enterprise, Petroleos de Venezuela SA, is trying to get the central bank to use Bitcoin and Ethereum for certain financial transactions.<\/li>\n<li><strong>Fintech Firm SoFi Adds Cryptocurrency Trading:\u00a0<\/strong>Fintech startup SoFi has revealed that it will be allowing its clients to trade Bitcoin, Ethereum, and Litecoin through an exchange platform meant to launch next Tuesday. SoFi joins Robinhood and Cash App as one of the few Silicon Valley-based fintech giants offering Bitcoin and cryptocurrency services to their retail audience.<\/li>\n<li><strong>German Finance Giant Boerse Stuttgart Launches Bitcoin Platform:\u00a0<\/strong>In similar news, Boerse Stuttgart, Germany\u2019s second-largest stock exchange, opened a crypto asset trading platform earlier this week. CEO Dr. Dirk Sturz has said that he believes that blockchain-based assets will continue to be a growing market, hence the need for this new platform, Boerse Stuttgart Digital Exchange.<\/li>\n<li><strong>France Sees Bitcoin Adoption Event:\u00a0<\/strong>According to a French trade publication, support for Bitcoin payments will be launched at over 25,000 stores by early 2020. The stores accepting BTC will include Sephora, the cosmetics giant, and athletics clothing brand Decathlon.<\/li>\n<li><strong><strong>IBM Open to Working With Libra: <\/strong><\/strong><a href=\"https:\/\/www.cnbc.com\/2019\/09\/23\/libra-ibm-says-its-open-to-working-with-facebook-on-digital-currency.html\" rel=\"nofollow\">Speaking to CNBC on Monday<\/a>, Jason Kelley, IBM\u2019s general manager of blockchain services, said that the firm is open to \u201cwork with Facebook\u201d as \u201cblockchain is a team sport\u201d. Kelley argued that Libra is bringing legitimacy to blockchain technologies. Importantly, this doesn\u2019t mean that IBM is looking to become a member of the Libra Association.<\/li>\n<\/ul>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Another week, another of\u00a0Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days&#8217; time. Altcoins have followed suit, posting similar, if not worse losses. Unfortunately, the news cycle reflected the drop in the Bitcoin market. While there was a smattering of positive news events \u2014 an explosion in the Bitcoin hash rate and launches of crypto trading by finance giants \u2014 not much took place in the industry. NewsBTC&#8217;s here to compile what took place over the past seven days that is important, however. Related Reading: Crypto Tidbits: Bakkt Bitcoin Futures Inbound, NASA Hints at Blockchain Ambitions, Libra in Hot Water Bitcoin &amp; Crypto Tidbits Bakkt Successfully Launches Bitcoin Futures:\u00a0This week, Bakkt finally rolled out its physically-deliverable Bitcoin futures contracts \u2014 marking a massive step forward in the financialization of this market. Unfortunately, the product didn&#8217;t get much traction from the get-go, with its first trading session seeing less than $1 million in volume. Due to this, many traders flipped bearish, bashing Bakkt for its inability to immediately draw in the &#8220;institutional herd&#8221;. It is believed that the pessimism around the exchange is what contributed to the sell-off earlier this week. Facebook CEO Zuckerberg Doesn&#8217;t Commit to 2020 Launch:\u00a0Over the past few weeks, executives of the Libra Association and Facebook have claimed that the cryptocurrency will launch by 2020. Despite this, Facebook&#8217;s CEO, Mark Zuckerberg, said to the Nikkei Asian Review that he isn&#8217;t exactly too sure about that launch date, citing regulatory concerns. Bitcoin Hash Rate Falls Off Cliff, Then Shoots to New Heights:\u00a0At the start of this week, Bitcoin&#8217;s hash rate metric suddenly fell off a cliff, falling from near 100 exahashes per second to 67. Investors were quick to express their concerns on online forums. Cornell University professor Emin G\u00fcn Sirer noted that this trend looks \u201cvery unhealthy\u201d, before going on to bash the seeming shortcomings of Bitcoin\u2019s Proof of Work system and its relation to exchange security. But, data readings from\u00a0Blockchain.com shows that Bitcoin is now doing fine. It\u2019s doing so fine, in fact, that the data provider estimates that Bitcoin\u2019s hash rate has breached 100 exahashes per second for the next time, hitting 108.5 exahashes per second on September 26th. Venezuelan Government Doubles Down on Crypto:\u00a0According to four Bloomberg sources with &#8220;direct knowledge of the matter&#8221;, Venezuela&#8217;s central bank is purportedly looking to see if it can logistically and legally hold cryptocurrencies. A state-run enterprise, Petroleos de Venezuela SA, is trying to get the central bank to use Bitcoin and Ethereum for certain financial transactions. Fintech Firm SoFi Adds Cryptocurrency Trading:\u00a0Fintech startup SoFi has revealed that it will be allowing its clients to trade Bitcoin, Ethereum, and Litecoin through an exchange platform meant to launch next Tuesday. SoFi joins Robinhood and Cash App as one of the few Silicon Valley-based fintech giants offering Bitcoin and cryptocurrency services to their retail audience. German Finance Giant Boerse Stuttgart Launches Bitcoin Platform:\u00a0In similar news, Boerse Stuttgart, Germany\u2019s second-largest stock exchange, opened a crypto asset trading platform earlier this week. CEO Dr. Dirk Sturz has said that he believes that blockchain-based assets will continue to be a growing market, hence the need for this new platform, Boerse Stuttgart Digital Exchange. France Sees Bitcoin Adoption Event:\u00a0According to a French trade publication, support for Bitcoin payments will be launched at over 25,000 stores by early 2020. The stores accepting BTC will include Sephora, the cosmetics giant, and athletics clothing brand Decathlon. IBM Open to Working With Libra: Speaking to CNBC on Monday, Jason Kelley, IBM\u2019s general manager of blockchain services, said that the firm is open to \u201cwork with Facebook\u201d as \u201cblockchain is a team sport\u201d. Kelley argued that Libra is bringing legitimacy to blockchain technologies. Importantly, this doesn\u2019t mean that IBM is looking to become a member of the Libra Association. Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":397381,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,6664,19067],"class_list":["post-397389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-crypto","tag-crypto-tidbits"],"acf":[],"yoast_head":"\n<title>Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear<\/title>\n<meta name=\"description\" content=\"Another week, another of\u00a0Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days&#039; time. Altcoins\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear\" \/>\n<meta property=\"og:description\" content=\"Another week, another of\u00a0Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days&#039; time. Altcoins\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-28T18:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:18:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067\" \/>\n\t<meta property=\"og:image:width\" content=\"3100\" \/>\n\t<meta property=\"og:image:height\" content=\"2067\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear\",\"datePublished\":\"2019-09-28T18:00:20+00:00\",\"dateModified\":\"2024-06-11T08:18:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/\"},\"wordCount\":664,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067\",\"keywords\":[\"bitcoin\",\"crypto\",\"Crypto Tidbits\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/\",\"url\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/\",\"name\":\"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067\",\"datePublished\":\"2019-09-28T18:00:20+00:00\",\"dateModified\":\"2024-06-11T08:18:51+00:00\",\"description\":\"Another week, another of\u00a0Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days' time. Altcoins\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067\",\"width\":3100,\"height\":2067,\"caption\":\"bitcoin crypto rocket\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"caption\":\"Nick Chong\"},\"description\":\"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.\",\"url\":\"https:\/\/wncen.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear","description":"Another week, another of\u00a0Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days' time. Altcoins","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear","og_description":"Another week, another of\u00a0Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days' time. Altcoins","og_url":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-09-28T18:00:20+00:00","article_modified_time":"2024-06-11T08:18:51+00:00","og_image":[{"width":3100,"height":2067,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067","type":"image\/jpeg"}],"author":"Nick Chong","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Nick Chong","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/"},"author":{"name":"Nick Chong","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear","datePublished":"2019-09-28T18:00:20+00:00","dateModified":"2024-06-11T08:18:51+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/"},"wordCount":664,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067","keywords":["bitcoin","crypto","Crypto Tidbits"],"articleSection":["Bitcoin","Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/","url":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/","name":"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067","datePublished":"2019-09-28T18:00:20+00:00","dateModified":"2024-06-11T08:18:51+00:00","description":"Another week, another of\u00a0Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days' time. Altcoins","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067","width":3100,"height":2067,"caption":"bitcoin crypto rocket"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","caption":"Nick Chong"},"description":"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.","url":"https:\/\/wncen.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear","url":"http:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","crypto","crypto tidbits"],"dateCreated":"2019-09-28T18:00:20Z","datePublished":"2019-09-28T18:00:20Z","dateModified":"2024-06-11T08:18:51Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-tidbits-venezuela-owns-bitcoin-sofi-adds-cryptocurrency-trading-libra-launch-unclear\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/09\\\/shutterstock_723056731.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/09\\\/shutterstock_723056731.jpg?fit=3100%2C2067\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"crypto\",\"crypto tidbits\"],\"dateCreated\":\"2019-09-28T18:00:20Z\",\"datePublished\":\"2019-09-28T18:00:20Z\",\"dateModified\":\"2024-06-11T08:18:51Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/09\/shutterstock_723056731.jpg?fit=3100%2C2067","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/397389"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=397389"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/397389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/397381"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=397389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=397389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=397389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}