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Bitcoin Mining Difficulty Estimated to Drop Again + More Crypto News

11.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news After seven increases in a row, the Bitcoin mining difficulty dropped by 7.1% on November 8 and is estimated...

Bittrex Will Release Frozen Crypto to Former Users in Sanctioned Regimes

11.11.2019
Crypto exchange Bittrex is looking to return crypto holdings to customers in sanctioned nations, but there are conditions

Banker Who Called Bitcoin ‘Evil Spawn’ Heads BIS Digital Currency Hub

11.11.2019
Benoît Cœuré to start a new role at Bank of International Settlements

Crypto Banks Gain Regulatory Recognition Across the Globe

11.11.2019
Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have been working hard to take advantage of this trend and are gaining regulatory recognition...

Bitcoin Price Faces Drop to $8.5K After Consecutive Weekly Losses

11.11.2019
Bitcoin is on slippery ground after two weekly losses in a row and multiple rejections at key price resistance.

HCM Capital Expects China’s Digital Currency to Launch in 2-3 Months

11.11.2019
China’s digital currency could launch in 2-3 months, according to HCM Capital’s Jack Lee

Taiwanese Buy USD 15m Condo In New York with Bitcoin

11.11.2019
389 East 89th Street. A New York City-based real estate owner and developer sold a retail condo in Manhattan’s Upper East Side for bitcoin (BTC). Ben Shaoul, the president of Magnum Real Estate Group, a residential real estate development and management company, has sold a retail condo for USD 15.3...

Even Financial Professionals Say Bitcoin to Outperform S&P 500

11.11.2019
Almost 50% of surveyed financial professionals think that, over the course of the next year, Bitcoin (BTC) will outperform a popular stock market index, S&P 500. And while many of them still avoid cryptocurrencies, majority believe there will be a global digital currency in the next decade. Crypto...

Bitcoin Mining Difficulty Sees Biggest 2019 Drop as Hash Rate Spikes

11.11.2019
Bitcoin difficulty drops but hash rate estimate improves

US Homeland Security Taps Canadian Blockchain Firm to Track Oil Imports

11.11.2019
DHS has hired Mavennet to track oil imports into the U.S. by retrofitting existing tracking technology with blockchain

Real Estate Magnate Sells New York Condo for $15.3M in Bitcoin

11.11.2019
A $15.3 million retail condo in Manhattan’s Upper East Side has been sold using Bitcoin

Bitcoin and Altcoins Trading With Bearish Bias

11.11.2019
After a major decline, bitcoin price started a short term upside correction above the USD 8,850 level. BTC/USD even spiked above USD 9,000, but upsides remained capped. The price is currently (09:00 UTC) declining and it remains at a risk of more downsides below the USD 8,750 support...

MAS, JPMorgan Build Payments System With Inter-Blockchain Connectivity

11.11.2019
Working with JPMorgan and Temasek, Singapore's central bank has developed a prototype blockchain-based cross border payments system

China’s State-Run Media: Bitcoin Is Blockchain’s First Success

11.11.2019
State-run Chinese media has published coverage of Bitcoin, acknowledging it as “the first successful application of blockchain technology.”

Ex-Cinnober Blockchain Lead Joins Nordic Crypto Fund to Bet Big On Bitcoin

11.11.2019
Since NASDAQ acquired Sweden's Cinnober last year, blockchain lead Eric Wall has left the exchange business for bitcoin investment fund Arcane Crypto

When Bitcoin Overtakes Gold – How High Can It Go?

11.11.2019
Flashy bitcoin price speculation is a favorite game of crypto Twitter news outlets and commentators all over. After all, who doesn’t want to hear that their modest stash of satoshis could someday moon and be worth millions? Sensation aside, there remains a well-grounded case for continued...

Singapore & JPMorgan Create Forex Payments Blockchain Solution

11.11.2019
The Singaporean central bank says it has developed a blockchain-powered prototype for foreign exchange payments – and wants other central banks to follow suit. The Monetary Authority of Singapore (MAS) stated, in a press release, that its new solution was developed in conjunction with JPMorgan...