Almost $20 Billion Wiped off Bitcoin Marketcap Since Last Week – November 26

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,243

Bitcoin price has finally shown some buying pressure, pushing back up over the $7,000 mark today.

Top-20 altcoins are also in the green once again, with both Ethereum and XRP rising 1%, and Bitcoin Cash up 2%. Cosmos continues to outperform, with a gain of 5%.

Top Stories for November 26, 2019 🔥

👉 Almost $20 Billion Wiped off Bitcoin Marketcap Since Last Week

The recent Bitcoin price crash has wiped almost $20 billion off its marketcap since last week, as price tumbled yesterday for the second time in just three days.

The flash-crash has been attributed to market uncertainty brought by the recent change in sentiment in China, as the country cracks-down on unauthorized cryptocurrency operations.

👉 Remittance Copmany TransferGo Plans to Use XRP

TransferGo, a remittance company based in the United Kingdom, has plans to migrate to an XRP-based payments solution.

The firm initially partnered with Ripple in 2018, to assist Indian migrant workers to send money home more quickly, and has since expanded this application to transfers between Europe and India.

👉 Thailand to Update Cryptocurrency Laws in 2020

Thai lawmakers have decided to take action to revamp their crypto laws next year, in fear that current regulation makes the country “uncompetitive”.

This is partially due to poor demand for its crypto business licensing scheme, which only facilitated the launch of two companies since last year.