FAANG Stocks are Down $1 Trillion from Yearly Highs

Twitter Facebook LinkedIn As the crypto market reels from a weeklong downturn that has forced the bitcoin price to its lowest point in almost 14 months, it appears that traditional markets do not intend to welcome investors back with open arms. Markets Erase Year-to-Date Gains Following yet another decline on Tuesday, the Dow Jones Industrial Average, S&P 500, and Nasdaq have now erased their 2018 gains heading into Black Friday weekend. The sell-off has been even more pronounced among FAANG stocks, with tech stalwarts Facebook, Amazon, Apple, Netflix, and Google…

Stocks Cleared and Settled Successfully in Bank of Canada Blockchain Trial

An experiment conducted by Canada’s central bank in conjunction with the country’s payments system, a stock exchange operator, a distributed ledger technology (DLT) firm and a global consulting and professional services firm has demonstrated that it is possible to clear and settle securities efficiently and cost-effectively using blockchain technology. In the trial, the Bank of Canada in partnership with payments system organization Payments Canada, stock exchange operator TMX Group, global consulting firm Accenture and blockchain firm R3 demonstrated the feasibility of an integrated DLT-based securities and payment settlement platform. https://twitter.com/inside_r3/status/1054787035674877952…

SEC Chairman Jay Clayton On Cryptocurrencies And Investing | CNBC

SEC Chairman Jay Clayton speaks exclusively with CNBC’s Bob Pisani about the state of investing, the future cryptocurrencies, the IPO market and cybersecurity. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow…

SEC Chairman Jay Clayton: Cryptocurrencies Like Bitcoin Are Not Securities | CNBC

SEC Chairman Jay Clayton speaks with CNBC’s Bob Pisani about what he sees for the future of blockchain, cryptocurrencies and initial coin offerings (ICO). » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC…

Don’t Believe The Bitcoin Bears, Says Fundstrat’s Tom Lee | CNBC

Is it time to get more bullish on bitcoin? Are the bitcoin bears dead wrong? With Fundstrat’s Tom Lee, CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC…

Momentum For Ripple Continues To Build: Ripple CEO | CNBC

Ripple CEO Brad Garlinghouse discusses cryptocurrencies as they continue to face scrutiny. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Momentum For Ripple Continues To Build:…

Crypto Insider Believes Regulation Is Bullish For Bitcoin | CNBC

CNBC’s Seema Mody on the crypto crackdown. And Ran Neu Ner, ONchain Capital, discusses what regulation means for cryptocurrencies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram:…

Coinbase Launches New Products For Retail & Institutional Crypto Investors | CNBC

Asiff Hirji, Coinbase President, discusses what’s behind the volatility in cryptocurrencies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Coinbase Launches New Products For Retail &…

IBM CEO Ginni Rometty: Our Blockchain Runs On Our Public Cloud | CNBC

Ginni Rometty, IBM chairman and CEO, talks about the future of blockchain and growth potential for Big Blue. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC…