Bitcoin News Review 17 November 2016

In the Bitcoin news today, the price rocketed up $30 in an hour on 16 November, supported by high traded volume and further gains. Interesting time for Bitcoin close to year end and predictions the price could move past $1000. Time will tell.

The Monetary Authority of Singapore (MAS) will soon test how it could issue digital currency using a blockchain-based interbank payment system; Cash is drying up for bitcoin and blockchain startups amid a broader decline in FinTech funding, according to new research from KPMG and CB Insights – it is time for Bitcoin to take centre stage again.
Other headlines, UK’s Metrobank to Start Blockchain Card Payments in 2017; is a blockchain patent still possible; Ethereum’s developers have unveiled new details about a technical fork aimed at resolving lingering network issues… these stories and more to be found on Bit-Media Facebook page.

 

 

 

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