Since this May 2019, has shown a substantial price growth from $5,000 to $8,000. Its growth evidently appeared in past 5 days, recording 10% rise for each day, and the similar pattern is shown for other major coins such as Cash, and . What really triggers the bull market for overall and is this the Second Coming of 2017 Bull Market?
BAKKT & Starbucks
Last night, the official Twitter and of BAKKT announced that they are going to test commodity futures on this July. BAKKT’s project has been going underway to get an approval from since last December. However, it has been delayed due to several factors like Shutdown of American Government and others. This official announcement is a great footstep toward the development and adaptation of into our real life.
Moreover, according to Forbes, Winklevoss brothers bought coffee in Starbucks with Gemini US Dollar (GUSD) recently. It infers that the payment through in major marketplaces is in course of time. If the coin is used for diverse aspects of our daily life, will be able to take major part of the society as an alternative source of money.
Due to this huge favorable , a number of people give attention to issue whether value will peak the past ATH.
Prospect of industry
Invigoration of industry is inevitable followed by the bull market. The value of major PoW coins is now way beyond the break-even point of business. As it becomes more profitable, network hashrate gets back to 5T. Not only that, but other PoW coins such as BCH, LTC, and XMR are flourishing. To that extent, the role of MineBee for this second half of 2019 is indispensable. Stay Tuned!
Published at Tue, 14 May 2019 11:26:42 +0000