The entire crypto market (with the sole exception of Bitcoin Cash) entered a correction period today. This is was spurred on by claims Bitcoin Cash is the new Bitcoin.
CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
Bitcoin’s price dropped a bit, meanwhile Bitcoin Cash’s price rose. Bitcoin.com (just a great domain, not an official site) even said it was going all in on Bitcoin Cash.
Bitcoin’s SegWit2x fork is canceled. This means a hard fork will not be occurring at at block 494,784 (which was expected Nov. 16).
Goldman Sachs has been on-point predicting Bitcoin’s price. Yet again they got it right. Bitcoin went to $7,900 for a moment today Nov. 8, 2017 like Goldman projected. Nice!
Over $200 million in Ether has been locked inside some multi-signature wallets that use the Parity service. This occurred due to a few coding mishaps.
A major South Korean cryptocurrency exchange Coinone added Litecoin to its trading platform. The result has been an increase in Litecoin’s price.
Despite being somewhat unclear on other forks, there was a press release from Greyscale that discussed Bitcoin Cash distributions for GBTC shareholders.
On Oct. 31st it was announced that the CME group plans to offer Bitcoin futures trading.
The SEC added to their ongoing list of warnings about crypto by warning about ICOs twice this week. We explain both SEC warnings.
Bitcoin went to $7k after going up over $1k in less than a week. The quick rise was due in-part to an upcoming fork and a Bitcoin futures trading announcement.