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Bitcoin Price Suddenly Plummets to $7,500 — A New 5-Month Low

Analysts’ predictions of the level forming a likely price floor came true on Wednesday as Bitcoin markets shed $500 in a matter of minutes. Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin firmly ditches $8K range Data…
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Bitcoin and Altcoins Resume Downtrend Below Key Supports

Earlier this week, bitcoin price started an upside correction and climbed above the USD 8,200 resistance. However, BTC/USD struggled to continue higher above USD 8,250 and USD 8,300. As a result, there was a sharp decline in the past two sessions and the price traded below the USD 8,000 support. Similarly, there were bearish moves…
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New Bitcoin ETF Proposal Filed With SEC by Gold Fund Veteran

The U.S. Securities and Exchange Commission published the new application for a Bitcoin ETF recently submitted by asset manager Kryptoin Investment Advisors Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15. A Bitcoin ETF on the…
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Libra US Congressional Hearing — Recap Before Zuckerberg Faces Senate

Facebook CEO Mark Zuckerberg to testify before the House of Representatives Financial Services Committee regarding Libra for the first time. Today, Oct. 23, Facebook CEO Mark Zuckerberg will testify before the United States House of Representatives Financial Services Committee regarding Libra — the company’s stablecoin project that has been facing major regulatory backlash since the…
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U.S. Agents to Hunt North Korean Crypto Hackers + 14 More Crypto News

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Security news The United States National Security Agency has launched a new cybersecurity unit – with staff members who are “prepared” to block North Korea’s attempts to stop weapons…
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Deutsche Boerse, Commerzbank Settle Tokenized Securities Using DLT

Deutsche Boerse, Commerzbank and MEAG have piloted a post-trade securities transaction via tokens. German securities marketplace Deutsche Boerse and Commerzbank have completed a joint pilot transaction settlement of post-trade securities using digital tokens and distributed ledger technology (DLT). Tokens generated from both commercial bank money and securities  While the transaction also involved major German asset…
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Bitcoin Price Crashes, Altcoins Turn Red

Source: istock/Photographer, Filmmaker, Designer In a sudden move on Wednesday afternoon (UTC time), bitcoin price dropped by 5% in one hour, reaching the level last seen in May 2019, while almost all top 100 coins also turned red. At pixel time (13:14 UTC), bitcoin trades at c. USD 7,612 and is down by 8% in…
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Samsung Adds 12 New Dapps to its Mobile Blockchain Keystore

The world’s largest smartphone maker, Samsung has added 12 new decentralized apps (dapps) to its mobile wallet marketplace, the Samsung Blockchain Keystore. Almost half of the new dapps are gaming titles. Per media outlet Decenter, the new gaming dapps are: DarkTown Yangpa Kisadan (literally “Onion Knights”)Spookiz Link Puzzle (the first three developed by Itam  Read…
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Ukraine Rushes to Utilize ‘Huge Potential’ of Crypto Industry

The Bohdan Khmelnytsky Monument in Kiev. Ukraine’s parliament is looking to push through cryptocurrency regulation in the final months of 2019. The country looks set to introduce crypto tax laws “before New Year,” with MPs speaking of the cryptocurrency industry providing “huge potential for economic growth.” Per a Facebook post from MP Alexey Zhmerenetsky, a…
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Overstock’s VC Arm Joins $31M Funding Round For Silicon Valley Fintech

Overstock’s venture capital arm Medici Ventures joins $31 million funding round for California-based software company in the financial industry. Overstock’s venture capital arm Medici Ventures has invested in PeerNova, a startup that develops blockchain-based solutions for financial institutions to synchronize their data across multiple systems. In an Oct. 22 news release, PeerNova reported that it had…
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