NOVEMBER 2018 – Bitcoin, Crypto, Blockchain, ICO Weekly News Headlines

Can’t keep up the enormous amount of crypto news out there? Make sure you bookmark this article so that you can keep tabs on the top headlines for the week… watch the short videos below!

 

 

#3 Week ending 16 November 2018

Bitcoin plummets to 13 month low as Bitcoin Cash hard forks

 

 

 

Bitcoin oversold after a drop to 13-month lows of $5300 on 15 November taking the crypto market along for the ride

Bitcoin Cash split into two Blockchains as hard fork implemented on 15 November, Bitcoin ABC and Bitcoin SV post “hash war” between the two camps

The world’s first crypto Exchange Traded Product (ETP), Amun AG, is to start trading on Europe’s fourth biggest exchange, SIX Swiss Exchange

The cyber criminals that attacked the crypto mining operations of more than 6,000 mining rigs (PCs) have been apprehended by South Korean Police

An official, verified Twitter account owned by Google has become the latest to be hacked to host a crypto “giveaway” scam

Two cryptocurrency startups, Airfox and Paragon, have agreed to register their initial coin offering (ICO) tokens as securities after settling charges with the U.S. Securities and Exchange Commission

Bank of America wins patent which outlines how enterprise-level institutions may be able to store cryptocurrencies owned by their customers

New York Digital Investment Group, NYDIG, gets BitLicence

Today’s approval further demonstrates that operating within New York’s robust state regulatory system leads to a stronger fintech marketplace and promotes innovation and necessary compliance with effective risk-based controls.”  Financial Services Superintendent Maria Vullo

Wall Street’s crypto bull Tom Lee from Fundstrat, slashes year-end bitcoin price forecast nearly in half from $25k to $15k

While bitcoin broke below that psychologically important $6,000, this has lead to a renewed wave of pessimism. But we believe the negative swing in sentiment is much worse than the fundamental implications.

 

QUOTE OF THE WEEK

 

IMF Managing Director Christine Lagarde, during a speech at the Singapore Fintech Festival stated:-

Central banks should consider issuing digital currencies as money faces a “historic turning point”

 

RELATED READING

Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 16 November 2018

 

 

 

 

#2 Week ending 9 November 2018

Merchants driving adoption as bullish Bitcoin price predictions affirmed

 

 

 

HEADLINES

Venezuelan Banks use the Petro to denominate account balances, customers see two balances in their bank account, Bolivar and Petro

Venezuela will take the Petro to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, as the “main digital currency backed by oil.”

Malaysia’s Education Ministry have set up a University Degree Verification System via Blockchain

Bitpoint, one of Japan’s 16 regulated crypto exchanges, announced alliances with Hinomaru Limousine and Carchs Holdings to increase merchant cryptocurrency adoption

Thailand – The first initial coin offering (ICO) portal to be certified this month, with the first authorised ICO offering possibly in December, says the Thai Securities and Exchange Commission (SEC)

Canadian Bank launching uncheckable ‘Deposit Box’ for Cryptocurrency exchanges and Funds  – VersaBank says its VersaVault offers “absolute privacy”

Colorado, USA regulators took action against 4 ICOs bringing the total of cease-and-desist orders against crypto startups to 12

Spain – Banking giant BBVA completes a pilot that put a $150 million syndicated loan for Spain’s electricity grid operator on the ethereum blockchain.

Bitcoin Cash’s forthcoming fork that is set for 15 November does not have consensus from all the community

After 4 years, Hong Kong-based cryptocurrency exchange BTCC is shutting down BTCC Pool Limited – all mining servers shut down on Nov. 15 and will cease operations indefinitely from Nov. 30

New online Crypto Shop launched – Ship-EZY.comEOT and various cryptocurrencies accepted.

 

QUOTE OF THE WEEK

Tim Draper, American venture capital investor, confirms his Bitcoin prediction at the Web Summit tech conference in Lisbon which ended on the 8 November 2018

My prediction for $250,000 by 2022 – maybe 2023 but in that range – is absolutely solid, but I’m not so sure how we’re going to get there.

 

RELATED READING

Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 9 November 2018

 

 

 

 

#1 Week ending 2 November 2018

Government and Institutional adoption increases as we celebrate the birth of cryptocurrency

 

 

 

HEADLINES

From 2018 to 2021, Ukraine will regulate the local crypto exchange market, mining sector, and reduce tax on crypto to 5%

Russia’s diamond titan Alrosa joins De Beers’ blockchain diamond supply chain pilot

Smart Dubai and IBM offer first Government-Endorsed Blockchain Platform in the Middle East

Crypto Exchange Bitstamp Acquired by Belgian Investment Firm in ‘All Cash Deal’

Korea’s Finance Minister Approves Banks Working With Crypto Exchanges

Brazilian Banks Ordered by government to Reopen Cryptocurrency Exchange’s Frozen Accounts

Bitcoin’s 10th year anniversary celebrated on 31 October – New era of Technological Innovation and Global Disruption

Cryptocurrencies are now a new institutional investment class, rather than a fully developed electronic cash says Morgan Stanley report

Venezuela Officially Launches Sale of Controversial Petro Coin for Fiat, Crypto

 

QUOTE OF THE WEEK

Billionaire Secrets by @billionaire_key

Wherever you are is the starting point” Billionaire Secrets @billionaire_key

 

RELATED READING

Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 2 Nov 2018

 

 

 

 

 

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