Daily Crypto News And Price Analysis, 26th, November

Untitled-3.png

Welcome to the daily crypto news :

  • How to Earn and Spend Bitcoin on Black Friday 2019;

  • MARKETS DAILY: Tokenization Challenges and Another Tether Lawsuit;

  • Tokenized Real Estate Falters as Another Hyped Deal Falls Apart;

  • As Bitcoin Bounces Back Above $7K, Popular Analysts Say Monthly Close Is Pivotal;

  • Ripple-Backed Rental Firm Omni Shutting Down With Coinbase Snapping Up Dev Team: Report;

SPACE2.png

How to Earn and Spend Bitcoin on Black Friday 2019

S1.jpeg

The holiday shopping season is upon us, and bitcoin users now have more opportunities than ever before to spend and earn their digital loot.

Many cryptocurrency exchanges slash rates and trading fees over the long Thanksgiving weekend in the U.S. Plus, Binance US CEO Catherine Coley said the exchange’s referral program, for traders helping friends sign up, will double rewards to $30 per sign-up during the period.

It’s also a prime time to shop for hardware products. The crypto wallet-maker Ledger has a 30 percent off sale for all products sold through its website. The node issuer Casa is also offering $100 off lightning network nodes with a gold membership, roughly a 25 percent discount.

Yet there are still ways to earn and use bitcoin even when shopping for the nocoiners on your Christmas list – even beyond tech companies like Microsoft, which accept bitcoin directly.

Read more.......

SPACE2.png

MARKETS DAILY: Tokenization Challenges and Another Tether Lawsuit

S2.jpg

Welcome to the CoinDesk Markets Daily Podcast, a 10-minute look at what's driving the crypto markets today. The podcast appears daily and we'd love you to subscribe in your favorite podcast app or grab the MP3 here.

Read more.......

SPACE2.png

Tokenized Real Estate Falters as Another Hyped Deal Falls Apart

S3.jpg

The idea of combining blockchain tokens and U.S. real estate was peaking at the start of this year, with college dorms, ski resorts and swanky Manhattan apartment blocks lined up to redefine the commercial mortgage market.

Following 2017’s initial coin offering (ICO) circus, a second wave of grown-up investors would raise capital and issue loans using blockchain-based tokens, and in the process disintermediate an army of middlemen and bankers.

A regulated approach, offering so-called security tokens to select groups of investors, would breathe frictionless liquidity into real estate’s legacy system of finance.

Such high expectations (and hype) were epitomized in a joint venture between technology providers Fluidity (backed by Consensys chief Joe Lubin and Galaxy Digital’s Michael Novogratz) and digital asset-focused broker-dealer Propellr.

Read more.......

SPACE2.png

As Bitcoin Bounces Back Above $7K, Popular Analysts Say Monthly Close Is Pivotal

S4.jpg

Bitcoin has charted a relief rally in the last 24 hours, yet it still needs to rise by more than $1,000 in the next three days to invalidate bearish pressures, according to prominent analysts.

The recovery from six-month lows around $6,500 had been expected, with key indicators reporting extreme oversold conditions and intraday charts flashing signs of seller exhaustion.

While the bounce is encouraging, a bullish reversal is likely still a way off.

"Bitcoin needs to close above $8,300 by the end of the month or we'll likely have a bearish December to test new lows," popular market analyst and Adaptive Fund partner, Willy Woo, tweeted during the Asian trading hours.

Read more.......

SPACE2.png

Ripple-Backed Rental Firm Omni Shutting Down With Coinbase Snapping Up Dev Team: Report

S5.jpg

Omni, a digital rentals marketplace that has been struggling to make its business model work despite shifts in direction, is shutting up shop.

According to a report from Tech Crunch, a company spokesperson said: "We’ll be winding down operations at Omni and closing the platform by the end of this year." Omni has made no announcement on Twitter, however, and its blog site is not operational at press time.

It was reported in October that Coinbase was in talks to acquire Omni's engineering team to further development of its educational project Coinbase Earn. That news came as Omni was reportedly laying off staff as it struggled to make profits after selling its physical storage business in May, TechCrunch says.

Coinbase has now taken on the dev team, according to the report, with a spokesperson saying:

"Coinbase has reached an agreement with Omni to hire members of its engineering team. We’re always looking for top-tier engineering talent and look forward to welcoming these new team members to Coinbase.”

Read more.......

SPACE2.png

Sort:  

Congratulations @sharetosteem! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 800 upvotes. Your next target is to reach 900 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!