Current Bitcoin Price: $4510 (as of 9:00 AM PST)
The cryptocurrency market is continuing to bleed away value, but at a much slower pace than earlier this week. Bitcoin is down a further 0.8% while XRP and Ethereum are down 1.2% and 2.6% respectively. Among the top-10, Bitcoin Cash is suffering the worst damage — as it’s down almost 8% — perhaps in light of its current hashwar.
It’s only outside the top-10 that a few cryptocurrencies aren’t down by 2-4%. These include IOTA, NEM, Tezos, and Dogecoin, but of course none of these coins are making serious upside progress.
Top Bitcoin & Crypto News Stories for 22nd November 2018
Yesterday we covered how Bakkt, the much-awaited crypto trading platform lead by ICE officials, had been delayed until January next year. That is, their exciting Bitcoin futures were delayed.
In the same statement from yesterday, Bakkt team members explained how Bitcoin derivatives have seen the most demand, but they are open to other, altcoin contracts in the future.
COSS is a cryptocurrency exchange that aims to be a Crypto One Stop Solution (hence the name), with the goal to allow users to purchase, trade, manage, and spend crypto. Right now, it’s just the spend part they’re missing.
There’s been an update to the COSS exchange, including a new exchange engine and user interface to be launched in less than 2 weeks, but very importantly facilitating fiat deposits for its US customers.
Coinbase is the world’s most popular crypto-fiat exchange, and they’re doing a lot for the crypto space in the interests of keeping their business alive.
They’ve just created a promotional video for cryptocurrencies, dubbing them the “future of finance and money”. The video has a very strong focus on how crypto will allow anyone around the world to have access to financial and monetary services with just a smartphone and internet connection.