Cryptocurrency Daily News Bulletin: November 29, 2018

November 29, 2018 2:37 pm Published by

General News

Amazon is launching a blockchain service to help clients develop blockchain networks without incurring the costs of creating their own platform. The Amazon Managed Blockchain platform “is a fully managed service that makes it easy to create and manage scalable blockchain networks.” Users can build platforms using either Hyperledger Fabric or Ethereum, though the latter is not yet available.

AriseBank CEO, Jared Rice Sr. has been arrested by the FBI after he was indicted over an alleged multi-million dollar scam, with three counts of securities fraud and three counts of wire fraud.

Coinbase has launched its new OTC crypto trading desk for institutional investors, currently offering BTC, ETH, BCH, LTC, ZRX, BAT and ETH.

Galaxy Digital Holdings, Mike Novogratz’s crypto merchant bank, has reported a net loss of $76.65 million for Q3 of 2018. Galaxy Digital recorded a net realized loss for digital assets at $38 million in Q3, a major contributor to the overall net loss.

U.S. Department of the Treasury is officially adding crypto addresses to its individual sanctions list. This is “to identify illicit actors operating in the digital currency space. Treasury will aggressively pursue Iran and other rogue regimes attempting to exploit digital currencies.”


Bitcoin $4,389.31 USD (8.14 percent) is teasing a short-term bullish reversal, having just recorded its biggest single-day gain in seven months. Prices closed yesterday at $4,257, a 24-hour increase of 11.43 percent and the highest daily gain since April 12. Meanwhile, Google’s trend explorer reveals the weekly number of worldwide searches for the keyword “bitcoin” has reached levels not seen since the first week in April.

EOS $3.18 USD (1.50 percent) CEO Dan Larimer is teasing a number of “revolutionary new products” coming to the network. However, requests for a new roadmap look like they won’t be fulfilled anytime soon.

Ethereum $122.00 USD (6.08 percent) has more than 1.4 percent of its total supply now locked in MakerDAO smart contracts. MakerDAO is the creator of Dai; the decentralized stablecoin tied to the USD and used for Ether-backed loans.

Kin $0.000031 USD (3.51 percent) Foundation have struck a deal with Tapatalk, the mobile forum application with an aggregate registered user base of 300 million, to reward its users with the Kin cryptocurrency for posting quality content on the platform.

Steemit $0.392400 USD (12.10 percent) has laid off close to 70 percent of its staff, citing the prolonged bear market for cryptocurrency.

Ripple’s $0.388362 USD (3.36 percent) XRP has just been added to the popular London-based crypto-to-fiat exchange Skrill for trading. Meanwhile, crypto whales are moving incredible amounts of XRP. Whale Alert on Twitter tracked $989,999,892 worth of XRP – all transferred within a four-hour span. The entire amount was split between five transactions and the top three transactions all went to the same address, which now holds 2.6 billion XRP., Jamie Saarloos

Have your say:

Your email address will not be published. Required fields are marked *