🗞 Daily Crypto News, November, 28th💰

Bitcoin Sees Strongest 24-Hour Performance Since July, Total Market Cap Jumps $11 Bln ;
Bitstamp to deploy new market surveillance tool to fight price manipulation ;
Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain ;
Canada: Birks Group Jewelry Retail Giant Begins Accepting Bitcoin in Eight Locations ;
Back At It Again: Tether Reopens Fiat Redemption ;
📑 Daily Crypto Calendar, November, 28th💰
STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Bitcoin Sees Strongest 24-Hour Performance Since July, Total Market Cap Jumps $11 Bln

Wednesday, Nov. 28: After the dramatic Nov. 14 market dump, cryptocurrencies are staking major recoveries across the board, with all of the major coins seeing significant growth and scattered assets sealing double-digit gains, as data from Coin360 shows.

Bitcoin (BTC) has soared 9.3 percent on the day, breaking above the $4,000 mark to trade at trade at $4,050 at press time. This major bounce has set Bitcoin on track for its strongest daily performance since July, according to a Reuters report published earlier today.

On the week, Bitcoin remains almost 16 percent in the red; monthly losses are at a stark 37 percent, according to Cointelegraph’s Bitcoin Price Index.

🗞 Bitstamp to deploy new market surveillance tool to fight price manipulation

The cryptocurrency market is a target of the same manipulation and abuse that the equity, commodity and forex markets have suffered for years, and exchanges that wish to protect their clients need ways to monitor trading activity. Bitstamp is now the latest exchange to implement such a tool.

🗞 Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

Investment banking giants Goldman Sachs and Morgan Stanley are the first companies to use the newly launched CLSNet, with six more participants from North America, Europe and Asia, including Bank of China (Hong Kong), committed to joining in the next few months, according to CLS and IBM.

🗞 Canada: Birks Group Jewelry Retail Giant Begins Accepting Bitcoin in Eight Locations

Major Canadian-based jewelry manufacturer and retailer Birks Group has begun accepting Bitcoin (BTC) through a partnership with U.S. payment processor BitPay, the company confirmed in a press release Nov. 28.

Birks, which has operated since 1879, will initially accept the largest cryptocurrency in eight of its 30 domestic stores in Canada.

Seven are already servicing Bitcoin payments, with the facility coming to the company’s latest Graff and Patek Philippe stores in Vancouver “soon.”

🗞 Back At It Again: Tether Reopens Fiat Redemption

In April 2017, Tether Limited, issuers of the tether stablecoin (USDT), announced that Wells Fargo had stopped providing banking services to Tether's Taiwanese banking partners, causing restrictions on deposit and withdrawal functions for the stablecoin's users. Later, in November 2017, 30,950,010 USDT was taken from the Tether treasury wallet, bringing an end to the 1-to-1 redemption promised in the white paper. Now, according to a November 27, 2018, announcement on its website, Tether has reopened account verification and the redemption of fiat currency to USDT.

📑 Daily Crypto Calendar, November, 28th💰

SIRIN LABS Token (SRN)

The official launch date for FINNEY will be on November 28 at a secret location in Barcelona.

Cryptrust (CTRT)

Undisclosed exchange lists CTRT.

Holo (HOT)

Private meetup for university students and professors.

Ark (ARK)

ARK Core v2 is now ready for launch. We are proud to announce the final and now official release date is Wednesday, November 28th.

GoHelpFund (HELP)

Third phase of HELPs token burn event will start before November 28th.

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

The STEEM is still doing lower lows and lower highs. We broke the previous low, slightly but we broke it and we have now to see if the next high will be lower than the previous high also. The ideal scenario would be that we go test the orange line that I traced to you. It would be a nice indicator that the short term low is done. Let's see what we will do this monday.

Last Updates

You don't want to miss a Crypto news?

Follow me on Twitter or Facebook

Join SteemFollower and get Upvotes back !

Sort Order:

Trending

[-]

yankee-statman (61) · 6 years ago

excellent report...and thanks for your support...will be following..

$0.03

1 vote

vlemon (76) · 6 years ago

Thank you my dear. Keep posting your great analysis ;).

Posted using Partiko iOS

$0.20

2 votes

Much appreciated!! (will do my best..)

$0.00

steem-ua (64) · 6 years ago

Hi @vlemon!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.734 which ranks you at #1466 across all Steem accounts.
Your rank has improved 6 places in the last three days (old rank 1472).

In our last Algorithmic Curation Round, consisting of 339 contributions, your post is ranked at #210.

Evaluation of your UA score:

Some people are already following you, keep going!
The readers like your work!
Try to improve on your user engagement! The more interesting interaction in the comments of your post, the better!

Feel free to join our @steem-ua Discord server

sinkfish (39) · 6 years ago

nice... great report.