🗞 Daily Crypto News, November 30th 💰steemCreated with Sketch.

in #bitcoin7 years ago (edited)

  • Wall Street Journal: Nasdaq to Offer Bitcoin Futures in June 2018
  • Coinbase: ‘Partial Victory’ Appears To Put End To 12-Month Legal Battle
  • “Ban Bitcoin!” Says Nobel Prize Winner, While Ignoring FANG Losses
  • Libra Launches Enterprise Grade Tax and Accounting App ‘Crypto Office’
  • DMarket Signs Three Major Partners in One Week
  • SBD Trading Update by @cryptopassion

🗞 Wall Street Journal: Nasdaq to Offer Bitcoin Futures in June 2018

“Every research department of every regulated exchange is saying, ‘Can we do this?’ “The majority of costs associated with that are marketing. If people want to trade this thing, why wouldn’t you? This is a gift from the heavens.”

Read more & Source: https://cointelegraph.com/news/wall-street-journal-nasdaq-to-offer-bitcoin-futures-in-june-2018

🗞 Coinbase: ‘Partial Victory’ Appears To Put End To 12-Month Legal Battle

Coinbase has hailed as a “partial victory” a court order to hand over transaction details of almost 15,000 customers to the government.

In a summary of the US exchange’s now year-long legal battle with the Internal Revenue Service (IRS), communications officer David Farmer confirmed previous hints that only three percent of the original data demands would be sent to lawmakers.

Read more & Source: https://cointelegraph.com/news/coinbase-partial-victory-appears-to-put-end-to-12-month-legal-battle

🗞 “Ban Bitcoin!” Says Nobel Prize Winner, While Ignoring FANG Losses

In a statement that will be widely approved and vilified by opposing camps, Joseph Stiglitz said on Bloomberg TV that cryptocurrencies like Bitcoin should be banned. His commentary is based on analysis saying that the market for Bitcoin is driven mostly by its potential to circumvent government agencies.

Read more & Source: https://cointelegraph.com/news/ban-bitcoin-says-nobel-prize-winner-while-ignoring-fang-losses

🗞 Libra Launches Enterprise Grade Tax and Accounting App ‘Crypto Office’

As the cryptocurrency economy’s market capitalization surpasses $320Bn, lots of digital asset proponents are trying to figure out ways to write off capital gains and stay tax compliant. This week the cryptocurrency and blockchain accounting firm, Libra, has launched a new compliance application for market makers and exchanges. Additionally, the company raised $7.8Mn in a Series A funding round to promote expansion.

Read more & Source: https://news.bitcoin.com/libra-launches-enterprise-grade-tax-and-accounting-app-crypto-office/

🗞 DMarket Signs Three Major Partners in One Week

November 29, Santa Monica, CA. – DMarket, the world’s first blockchain-based cross-game marketplace to turn virtual items into real assets, has established three new highly important partnerships recently – with Xsolla, DreamTeam and Playkey.

Read more & Source: https://themerkle.com/dmarket-signs-three-major-partners-in-one-week/

BTC Trading Update by @cryptopassion

The BTC is now in correction mode since some hours. Nothing drama till now but we have to keep an eye on some big support lines :

As you can see on that chart we have a big support line around $9200 and another one around $7800.

If these support lines can hold the correction, the UP trend will come back soon.
If we break the first support line around $9200, we still have the support line at $7800 as backup.
However we must don't break that last support line or we will go in a very bearish scenario.

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Thank you! Have a great day!

Great crypto upvote as always buddy. Had sold some bitcoins at 10,000 levels.
Regards Nainaz
#thealliance

Bitcoin remains close to $ 10,000 this Thursday, a day after touching $ 11,000, after retreating to $ 9,000.
On Bitfinex stock exchange based in the United States, Bitcoin is at $ 10,067.00 at 4:40 AM ET (09:40 AM GMT), after earning $ 10,540 earlier.
On Wednesday, bitcoin climbed to a new high of $ 11,427.17, gaining up to 15% before tumbling down to 21% to a low of $ 9,001 in a lightning crash, before bouncing back.
Bitcoin, which is known for its strong fluctuations, and has a tendency to quickly bounce back.
The price of Bitcoin increased significantly in 2017. Although it took almost four months to go from $ 1,000 to a closing price of more than $ 2,000, it went from $ 9,000 to about $ 10,000. in three days.
Its meteoric rise has warned against an increasingly volatile bubble amid signs that it is moving from the periphery of finance to the general public.
{{0 | JPMorgan Chase}} CEO Jamie Dimon recently called Bitcoin a "scam" that would eventually explode, and UBS described Bitcoin as a "speculative bubble" in a recent investor note.
Prices were also boosted after the CME (NASDAQ: CME) group, the world's largest derivatives exchange operator, announced this month its intention to launch bitcoin futures later in the year. year, pending regulatory approvals.
On Wednesday, the Wall Street Journal reported that Nasdaq and Cantor Fitzgerald are also considering launching bitcoin derivatives.
A recent proliferation of the initial supply of coins, in which start-ups create a new virtual coin or token and offer it for public sale, has also fueled purchases.
Elsewhere, Bitcoin Cash is at $ 1.339.90 while Bitcoin Gold is at $ 287.74.
Elsewhere, Ethereum, the second-largest market-ready cryptocurrency is at $ 449.19, after touching $ 518.00 on Wednesday.

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