Royal Bank of Canada Looks to Launch Crypto Platform – November 12

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$8,747

Bitcoin remains stationary after the last day of trading, hovering around the $8,700 mark.

Top-20 altcoins appear to be waiting for the next move, with most coins remaining relatively unchanged in value. NEO has crept back into the top-20 with a 3% rise, while Stellar has fallen 3%.

Top Stories for November 12, 2019 🔥

👉 Royal Bank of Canada Looks to Launch Crypto Platform

The largest bank in Canada, The Royal Bank of Canada, may be planning to launch its very own cryptocurrency trading platform.

Reports claim that the bank has applied for four patents which cover the integration of cryptocurrencies into its current operations.

A Royal Bank spokesperson acknowledged the patents, but declined to comment on the launch of a platform.

👉 Bitcoin Headlines in Chinese State News

Xinhua, the Chinese state news agency, has run a front-page news item on its website today.

The article is titled “Bitcoin: The First Successful Application of Blockchain Technology”, and both explains and critiques the cryptocurrency.

👉 Bakkt Launching Custody Business Following NYDFS Approval

Bakkt, a subsidiary of Intercontinental Exchange, is finally launching its cryptocurrency custody business, after the New York Department of Financial Services approved the operation.

Clients such as hedge funds, asset managers, and others can now safeguard their digital assets with Bakkt.