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Bitcoin News Summary November 19, 2018

Right here’s what took place this week in Bitcoin in 99 seconds.

 

Markets moved sharply to the disadvantage to a brand new low for 2018. The $212 billion marketplace cap moved right down to $183 billion with Bitcoin falling virtually $1,000. Ethereum misplaced its 2d position place in marketplace cap ratings to Ripple.

The messaging app Kik introduced it’s going to migrate its ICO token, Family, from Ethereum to the Stellar blockchain. Family raised just about $100 million in Ethereum tokens and it cites Ethereum scaling problems as the cause of the transfer.

Bitcoin Money exhausting forked and plenty of characteristic the new marketplace value drop to this cut up. Bitcoin Money ABC has the reinforce of Bitmain CEO, Jihan Wu, and influencer, Roger Ver. Bitcoin money SV is sponsored through billionaire Calvin Ayre, and the fancy Craig Wright. It’s nonetheless unclear which facet might be considered the “actual” Bitcoin Money and retain the BCH ticker image. These days, ABC has essentially the most reinforce from exchanges and corporations.

A Venezuelan Bitcoiner printed that one of the crucial country’s large division shops started accepting Bitcoin. The person, Vito, studies that Bitcoin is well known around the nation and thought to be the most popular cost manner for on-line paintings.

After all, the SEC is investigating crypto lending provider, Salt, in addition to Erik Voorhees, its former CEO and present CEO of widespread exchanger, Shapeshift. The SEC is it appears investigating quite a lot of facets of Salt’s $50 million ICO procedure – essentially whether or not it was once an unregulated securities providing.

That’s what took place this week in Bitcoin. See you subsequent week.

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