BitDigest November 25 · Issue #792
- Bitcoin and ether holding above $19,000 and $600 respectively as total crypto marketcap inches toward $600 billion
- South Korea may delay new tax policy for digital assets until 2022
- Nigeria is looking to develop its own regulatory framework for cryptocurrencies
What We Are Watching 📈
With numerous exchanges trading bitcoin, defining an all-time-high is a difficult number to establish. Coinmarketcap.com has bitcoin hitting $20,052 on December 17, 2017 and among the bitcoin community, I think it’s commonly stated that bitcoin surpassed $20k that year. But among many institutional investors bitcoin’s high is $19,511 as this figure is what Bloomberg is reporting. With the increasing entrance of institutional investors entering the cryptosphere, we believe this figure is more meaningful for today’s market.
🦃 🦃 🦃 🦃 🦃
This will be the last issue of BitDigest for the week. Have a very happy Thanksgiving holiday.
The Headlines
South Korean Proposing a Move to Delay New Digital Currency Tax
Nigeria Working on Crypto Framework
Lithuanian Sells Confiscated Crypto
Coinbase Breaks into Top 100 Free Apps on Apple Store
Market Data
Bitcoin Hashrate Drops 22% in 2 Days
Binance's Daily Volumes Hit New High
Exchange, Custody and Product News
Coinbase Disabling Margin Trading
Coinbase Issuing Different Tax Forms
OKEx Announces Compensation Program
Thoughts on the Ecosystem
Cramer Says We Can Still Buy Bitcoin
CBDCs to Make Crypto Market 'More Lively'
Reports you may have missed
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