Blockchain Market Update – November 21, 2018

Home » Blockchain » Blockchain Market Update – November 21, 2018
November 21, 2018 by
Blockchain Market Update – November 21, 2018

North Korea: Announced plans to hold international blockchain and crypto conference, to take place in Pyongyang on April 2019. Delegates will also be given a seven-day tour of the country, and will be treated with an all-inclusive stay in North Korea—Other

Bakkt: Delaying formal launch from Dec. 12, 2018 to Jan. 24, 2019. States the new timeframe provides additional time for clearing customer onboarding before start of trading and warehousing of new contract. Bakkt CEO Kelly Loeffler notes that volume of interest in the company and work required to get all the pieces in place contributed to delay—Financial Institution

Tether: Criminal probe is focused on Tether, as the U.S. Justice Department is investigating whether last year’s rally was fueled in part by manipulation by traders driving it up with Tether. While federal prosecutors opened a broad criminal probe into cryptocurrencies months ago, they’ve recently focused in on suspicions that a tangled web involving Bitcoin, Tether and crypto exchange Bitfinex might have been used to illegally move prices—Regulation

VanEck’s MVIS: Cumberland, Genesis Trading, and Circle Trade now providing data for new index: MVIS Bitcoin US OTC Spot Index. It is run by MVIS, a division of asset manager VanEck, and draws data from OTC desks as opposed to exchanges, mitigating concerns over exchange price manipulation—Trading

India: Next month could see the gov’t present its draft crypto regulations as part of its ongoing court case involving the Reserve Bank of India. The panel will meet next month and in January next year to further discuss the draft report. Subhash Chandra Garg, who is heading the panel, has previously advised that the country would most likely see policies in place by March 2019—Regulation

Trezor: Warns users after discovering counterfeit Trezor One devices on sale. Seeming to originate from China, the company wrote that users should exercise suspicion when purchasing devices over the Internet from third parties—Other

Genesis Trading: CEO Michael Moro notes that those who invested in crypto in early 2017 have now started to sell for the first time. Commenting on the massive sell-off: “We are seeing the folks who bought in early 2017 sell for the first time today,” noting that until now, the retail investors who entered the crypto market toward the end of 2017 had been leading the sell-offs for most of 2018—Trading

U.K.: Financial Conduct Authority considering ban on sale of cryptocurrency contracts-for-difference to retail investors—Regulation

DiarBlockchain research unit reports that number of crypto related lawsuits reached 45 during the first half of 2018, tripling all lawsuits filed last year. US SEC was found to be primary contributor to this trend, being responsible for 30% of the cases filed—Other

Goldman Sachs: CEO David Solomon said in an interview that the company will be moving away from publicly-traded derivatives and futures, opting instead for large capacity trading. Purpose behind the transition is to support more institutional investors —Financial Institution

Neufund: Berlin-founded startup announced the first Equity Token Offering on its platform. The first company to test the solution on Nov. 27 is Fifth Force GmbH, official operator of Neufund. The minimum ticket in the ETOs on its platform is €100K. Initially, Neufund announced that the minimum ticket in the ETOs on its platform would be set at €500—Other

“B2B reporter – Content Manager – Contributor – Fintech – Blockchain – Cryptocurrency”

Simon Chou is a B2B reporter and content manager specializing in technology and finance. He has worked with many clients in the fintech and blockchain space. He holds investment positions in bitcoin and other large-cap cryptocurrencies, and has been reporting on cryptocurrency since 2017. Currently, Simon is the content manager for a major cryptocurrency exchange @HybridBlockHQ.

Name Price
Bitcoin (BTC)
$9,775.10
Ethereum (ETH)
$215.34
Bitcoin Cash (BCH)
$300.45
XRP (XRP)
$0.317945
Litecoin (LTC)
$91.57
Cardano (ADA)
$0.057434
IOTA (MIOTA)
$0.290389
Dash (DASH)
$106.88
NEM (XEM)
$0.065131
Monero (XMR)
$78.87
Stellar (XLM)
$0.083068
EOS (EOS)
$3.98
TRON (TRX)
$0.023499
Bitcoin Gold (BTG)
$27.38
© Copyright 2018. HybridBlock News.