Market Still in Good Position; Real Crypto Volume 2x Larger

Twitter Facebook LinkedIn In an interview on CNBC Crypto Trader hosted by Ran Neuner, Binance CEO Changpeng Zhao (CZ) stated that the crypto market and Binance are still in a good position even after nearly a year of downward price movement. Binance Maintaining Healthy Business Over the past 11 months, the cryptocurrency market has lost more than 70 percent of its valuation amidst the fourth biggest correction in its 10-year history. CZ stated that the volume of Binance is down nearly 90 percent since January due to the correction and…

Blockchain Set to Change the Face of Commercial Real Estate As We Know It

The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market is improving, it is still plagued by issues that make the investment process less convenient than it should be. Major drawbacks of the real estate industry Real estate investment has three major drawbacks: the presence of intermediaries, the lack of affordable funding options, and fraud.   Agents take up to six percent of the total payment made…

Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Elon Musk Impersonators Flood Twitter With Fake Crypto Giveaways Although impersonators on Twitter pretending to be famous celebrities offering crypto giveaways are many, this week saw an influx of these crypto pretenders posing as Tesla CEO Elon Musk. After compromising verified accounts with…

Private Blockchains Could Be Compatible with EU Privacy Rules, Research Shows

Private blockchains, such as interbanking platforms set to share information on customers,  could be compatible with new E.U. privacy rules, according to research published Nov. 6. The study was conducted by Queen Mary University of London and the University of Cambridge, U.K. The General Data Protection Regulation (GDPR) act, a recent legislation that regulates the storage of personal data for all individuals within the European Union, came into effect this May. According to the law, all data controllers have to respect citizens’ rights in terms of keeping and transferring their…

Arbitrators Able to Reverse Transactions

A screenshot circulating on social media has revealed a decentralized blockchain protocol EOS practicing authority over its network. AUTI9003, a pseudonym on Reddit, posted a photograph which demonstrated arbitrators on the EOS network in action, reversing confirmed transactions. A so-called judge referred verses from the EOS blockchain’s constitution to resolve a dispute between two account holders. The claimant accused an unidentified individual of possessing private keys to its EOS account via a phishing attempt. The user reached out to the EOS with his/her complaint and the network chose one Ben Gates…

Singapore Exchange Successfully Trials Blockchain for Tokenized Assets Settlement

Singapore Exchange Limited (SGX), along with the Monetary Authority of Singapore (MAS), have successfully tested the use of blockchain technology for tokenized assets settlement, according to a SGX release issued Sunday, Nov. 11. The report reveals the data on the trial that began in August, shortly after MAS and SGX had partnered with U.S. stock market Nasdaq, “big four” consulting company Deloitte, and Singaporean tech company Anquan. As per the release, the partners have developed a blockchain-driven solution for Delivery versus Payment (DvP) capabilities — a settlement procedure where the…

Blockchain Advocates Storm Governors’ Mansions and Retain House Seats in US Midterm Elections

Every four years in November, about halfway into each presidential term, voters in the US head to the polls to fill 36 state governor seats, all 435 seats in the U.S. House of Representatives, and about one-third of the 100 US Senate offices. Widely considered a referendum on a sitting president, midterm elections often produce power shifts in Congress, especially if the head of the executive and his party are not particularly impressive early in the term. This time, Democrats were full of hopes to summon a ‘Blue Wave’ and…

Crypto Markets See Mixed Signals After Recent Downturn

Sunday, Nov. 8: crypto markets are seeing mixed signals after a recent downturn, with the top 20 cryptocurrencies mostly in the green, as data from Coin360 shows. Bitcoin (BTC) faces minor losses, while Stellar (XLM) is the only major coin to grow steadily throughout the weekend. Market visualization from Coin360 Similar to most of the major currencies, Bitcoin (BTC) is seeing mixed signals with its price fluctuating around $6,400 as of press time. During this week, the top cryptocurrency had its main peak on Wednesday, Nov. 7, trading over $6,500…

South Korea’s Zeniex Closes Amid Government Crackdown on Unauthorized Crypto Exchanges

South Korea’s cryptocurrency exchange Zeniex will soon terminate its services due to a recent government crackdown on unauthorized platforms, a post by Zeniex reveals Friday, Nov. 9. The crypto exchange, a joint project by South Korea and China which opened May 2018, states in the post that due to “recent issues,” they have “come to the conclusion that continuing to operate such a service will be difficult.” While crypto trading has already stopped on Nov. 9, all other services will be stopped on Nov. 23. Zeniex customers are asked to…

Bitcoin Price Weekly Analysis: BTC/USD Remains At Risk Below $6,300

Key Points Bitcoin price started a downside correction after climbing as high as $6,554 against the US Dollar. There was a break below a major bullish trend line with support at $6,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the $6,300 support area in the near term. Bitcoin price is under pressure below $6,400 against the US Dollar. BTC/USD could decline towards $6,280 or $6,250 if sellers remain in control. Bitcoin Price Analysis This…