Did a manipulator run Bitcoin's $ 20,000 dollar peak? Plus why Bitcoin Trumps Gold.
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BITCOIN & # 39; S LONE WHALE?
Scientists have thrown new doubts about & nbsp; bitcoin & # 39; s epic bull run & happened organically, suggesting it may have been caused by a single, large player & nbsp; manipulating the bitcoin market [19659009]
According to a new report, & nbsp; an unidentified Bitfinex account & nbsp; used & nbsp; tether & nbsp; to manipulate the bitcoin price between March 2017 and March 2018 by generating unparalleled demand for the digital token. bitcoin value of & nbsp; $ 16 billion & nbsp; to & nbsp; $ 326 billion .
MICROSOFT'S DIGITAL MINT
Microsoft & nbsp; takes its secret platform to create cryptocodes for a test run. The tech giant's new crypto-asset coin allows businesses & nbsp; design, issue and manage a wide range of digital assets . Several companies, including a video game deck and a virtual reality platform, have already used the platform to create experimental symbols, while others like & nbsp; General Electric & nbsp; waiting in the wings to make their own. [19659010] Big picture: Big companies like JPMorgan have already coined similar symbols, and Facebook is working with a group of companies like Uber Spotify and Vodaphone on the venture project. Microsoft's work, which uses the same standard as the other participating blockchain developers, could pave the way for an explosion of similar enterprise-grade tokens.
CRYPTO MARKETS
Stellar the tenth largest cryptocurrency after market cap, so prices rise this week after the Stellar Development Foundation "burned" more than half of the digital token's supply – worth a a staggering $ 4.7 billion .
Bitcoin & nbsp; remained largely flat after the news, while other minor symbols, including Ripples & nbsp; XRP rose slightly.
Plus: & nbsp; a reason & nbsp; why bitcoin is better than gold. [19659024] uncaptioned "data-height =" 324 "data-width =" 504 ">
Source: Messari. Prices from 4:00 pm November 8, 2019.
BLOCKCHAIN JOB REPORT: POSTINGS UP, SEARCHING
Recent data gathered by a popular employment site actually shows that in the past year, the share of blockchain and & nbsp; cryptocurrency positions is up more than 25% while the proportion of searches for these jobs has dropped by more than in the same period two years ago, in fact, 14% of this type of job search was seen.
The companies with the most crypto-job positions and positions in the past year were mainstream power plants such as & nbsp; Deloitte & nbsp; IBM & nbsp; Accenture & nbsp; Cisco . & 1961011] ELSEWHERE
Leaving Custom Bank inished a $ 16M Hole & lsqb; Daily Beast & rsqb;
Biglaw Powerhouse to Acce pt Bitcoin As Payment & lsqb; Above The Law & rsqb;
The "Bitcoin Rich List" has Grown 30% over the past year, but why? & lsqb; CoinDesk & rsqb;
From Pigs to Party Fealty, China Harnesses Blockchain Power & lsqb; Bloomberg & rsqb;
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