Whale moves $600+ million BTC off Binance – November 15

Current Bitcoin Price: $5567 (as of 11:00 AM PST)

After yesterday’s day of reckoning, the market still isn’t looking great. It’s mostly red around the board, with Bitcoin dropping a further 3.5%, and a handful of other currencies — Ethereum, Bitcoin Cash, Cardano, Monero, and VeChain following.

In fact, Ripple and Stellar are the only top-15 coins in the green, barring stablecoin Tether. Admittedly, they’ve only recovered — if you can say so — by 2% and 0.1% respectively.

Top Bitcoin & Crypto News Stories for 15th November 2018

Whale moves $600+ million BTC off Binance

Big Bitcoin and Ethereum transfers are often analyzed by community members in order to better predict the market’s movements, or just out of curiosity. Typically, a big transfer of crypto onto a crypto-fiat exchange signals a holder selling, and vice versa.

Well, a whale has move $600+ million of Bitcoin off of his Binance account into an unidentified wallet. Different theories on the nature of this wallet suggest it could be a hard wallet for cold storage, or the medium for an over-the-counter trade.

Pantera team member joins Blockfolio board

Pantera Capital is a blockchain investment fund that focuses on digital currencies, other crypto assets, and crypto-related businesses such as Blockfolio or Bakkt.

Pantera partner Paul Veradittakit has now joined the board of cryptocurrency price-tracking app Blockfolio stating that they saw “instant agreement on the need to better connect the various components of the ecosystem and the key role that Blockfolio could play in that.”

South Korea integrating blockchain into real estate

Whether you believe it or not, cryptocurrency and blockchain adoption is on the rise. We’re seeing more and more companies and even national governments looking to implement blockchain technology, and that includes none other than South Korea.

The Asian nation has seen huge advances in cryptocurrency usage over the last few months, and in the latest of these, blockchain startup AERGO has been asked to build a real estate blockchain for the Korean Ministry of Land, Infrastructure, and Transport.