Bitcoin started to lose its value a week ago, on the 14th of November. The crypto market is surprised by an astonishing change in the price of the virtual coin which dragged many altcoins down as well. Furthermore, experts can’t explain what is going on because there are no strong reasons for such a critical decrease.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/what-may-have-caused-sudden-drop/

In Sep 2018, BaseFEX successfully held the first round of trading competition for its Beta Test. Traders from more than 200 countries participated and the top 10 winners were granted 20 BTC as the reward.

To test the newly upgraded trading system, BaseFEX is now holding another round of trading competition. The competition will start from Nov 22, 2018 0:00 UTC to Nov 29, 2018 0:00 UTC, lasting 7 days in total. Just like the first round, 20 BTC for the top 10 winners will be offered by BaseFEX.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/20-btc-for-winners-basefex-round-two/

The Malaysian Ministry of Education (MoE) is now using Blockchain to fight degree fraud in order to maintain the reputation and ethics of universities across the country. Malaysia itself is ranked among the top five Asian Nations when it comes to the field of education.

The MoE revealed that it will widely apply NEM Blockchain technology during the issuance and verification exercise for university degrees. This great system will be called "e-Scroll." The effort of the distributed ledger technology (DLT) application was argued early 2018 by the Council of ICT Deans of Malaysian universities.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/malaysia-rolls-out-dlt-certificate-verification/

The massive sell-off of digital currency, especially Bitcoin (BTC), grows day by day. It started after a heavy fall on Wednesday, November 14, and the trend seems to be growing stronger. However, on Wednesday, November 21, at press time, it seems there can be “light at the end of the tunnel”.

Currently, Bitcoin is changing hands at $4,540, which is 0.01% higher than a couple of hours ago. According to a crypto expert Tomas Salles, the next major support line for BTC is under $4,000.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-bear-market-continues/

Probit - New Product-Focused Crypto Exchange

In July 2017, a group of world class trading engine embarked on creating a cryptocurrency exchange that would serve the needs of amateur and professional traders. Their ranks include Steve Woo, ex-CEO of Linux International, who specialized in IT development for the past 20 years. Their hard work gave birth to ProBit Exchange — a new C-to-C crypto exchange that can match orders of up to 1.5m transactions per second. This is better than even Visa, who has a transaction speed of only 24,000 transactions per second.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/new-product-focused-crypto-exchange/

Bitcoin (BTC), the flagship crypto by volume fell to $4,480 on Tuesday, November 20, while Ripple (XRP), Ethereum (ETH) and Bitcoin Cash (BCH) also dropped to annual lows of $0.450, $132 and $206 respectively.

The event marks BTC's lowest value since the month of October 2017 and it is currently down over 70% since the highest level of the crypto bubble that happened in December last year. It seems the trend turned bearish for nearly every cryptocurrency, except for USD Coin, QASH and Dai showing minor increase.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-plunges-to-new-year-low-4-480/

BCH Civil War, Bitcoin ABC & Bitcoin SV Refuse to Surrender in Fork Fight

Forks can be of great importance to the crypto industry if they add desired qualities to the underlying cryptos. But in most cases, these forks don't cause anything good, they just create conflicts and worsen the situation. Cryptos that involve themselves in fighting should be discriminated against while those that mind their business but with small market caps have to be amassed. In this case, it's necessary to sell off both Bitcoin Cash (BCH) forks, and YOYO gets much attention.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bch-civil-war-bitcoin-abc-bitcoin-sv/

Some analysts from Bloomberg Intelligence (BI) anticipate that Bitcoin (BTC) will "fall further," as reported by Bloomberg. Various crypto sector pundits have already started calling this the cryptocurrency winter.

“Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the $1,500 point, a further 70 percent drop in the coin’s price.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-will-drop-further-to-1500/

Cryptocurrency to Replace Fiat Money Within Next Ten Years, Expert Claims

Popular blockchain and crypto enthusiast Nicholas Merten, hasn’t lost faith in financial technology and digital currencies, such as bitcoin, ripple, and ethereum. He is confident in the suggestion that cryptos will replace fiat currency in its primary position during 2020–2030.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrency-to-replace-fiat-money/

Crypto Miners Suddenly Fled Swedish County After Facing Heavy Burden of $1.55M Energy Bills

Two mining firms operating in Sweden have purportedly relinquished their facilities in Norrbotten, a county in the far north of the country. One of the firms, a U.S. miner called NGDC, seems to have all of a sudden fled the county, leaving unpaid power bills of around $1.55 million in its wake, according to a report from Sverige Radio.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-miners-suddenly-fled-swedish-county/

Cryptos Like Bitcoin, Maker, BCH Are Sinking to Lowest Prices In 2018, Why This Trend?

Over the past 48 hours, the Bitcoin (BTC) price has continued to dive lower and lower. On the morning of November 14, the price of BTC was over $6,300 but at press time, it stands at about $5,600 (-1.06%). It seems the center of Bitcoin can longer hold. Bitcoin Cash is also suffering at $415 with (-3.56%).

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptos-are-sinking-to-lowest-prices/

The federal science agency and the top commercial financial institutions in Australia reveal they have finished an efficacious trial of a prototype Blockchain technology App to make money very "smart." DLT-powered smart money have gigantic social and economic boons for Australia’s insurance scheme for all people who are living with disabilities and incapacities.

The Commonwealth Bank of Australia (CommBank) and Commonwealth Scientific and Industrial Research Organization's (CSIRO) Data61 division declared the completion of the trial on November 13, 2018, indicating the DLT-based “computerised money" App will help in insurance budgeting.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/commonwealth-bank-of-australia/

Google's G suite Twitter account is now the victim of an ongoing Bitcoin (BTC) scam which has been afflicting the social media platform for almost a month, joining firms such as Target, who faced an identical hack early Wednesday, October 14, according to news from TheNextWeb.

The G Suite Twitter account was breached on the morning of November 14. The account tweeted:

"Google is giving 10,000 BTC to all community! We decided to make the biggest crypto-giveaway in the world!"

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/googles-g-suite-twitter-account-hacked/

Ripple Labs, based in San Francisco, has now consolidated its lawsuits that are still ongoing into one tractable federal action. This effort has been dubbed “tactical brilliance” and “slick” by Jake Chervinsky, Securities litigation attorney, Kobre & Kim. It now meets all the necessary requirements that are specified under the U.S. Class Action Fairness Act (CAFA).

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ripple-labs-takes-lawsuits/

Some of the freelance jobs paid in Bitcoin include but are not limited to Graphic Design, Writing, Software Programming, Web Design etc. That’s an evidence that we are living in a gig economy. So, the traditional method of being paid for doing freelancing works is by using a national currency like shillings, dollars, francs, yen rupee, etc. But if a freelancer was to be paid by a foreigner, he had to first convert the foreign currency into the freelancer’s currency while basing on the latest exchange rate of the two different currencies.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/freelancing-asset-working-for-crypto-in-gig-economy/

False News: China Never Lifted the Crypto Ban, Translators Turned Scapegoats

Recently, news about the lifting of bans on crypto trading in China spread like wildfire. Unfortunately, it has turned out to be fake news and this has totally annoyed the Chinese cryptocurrency enthusiasts. This time around, the real truth was lost during the translation process and incompetent translators became the most patsies in this entire story.

China was a no-go zone for the last year on the issue of crypto. Several crackdowns targeting businesses and individual users have been rampant, as Coinidol earlier reported.

Read more: https://coinidol.com/china-never-lifted-crypto-ban/

Blockchain Game-Changer Nagezeni is Now Available on CoinSuper

Nagezeni, a project developing a crowd-tipping solution in cryptocurrency, enters crypto exchanges. Starting from November 12, users will be able to acquire NZE tokens on CoinSuper, one of the largest platforms in Asia. Customers can trade, buy, and sell their coins in a convenient and secure way. Note that the NZE/BTC pair will available at first.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-game-changer-nagezeni/

In its 10 years of operation, Bitcoin has registered high demand and adoption by institutions, businesses, hotels, countries and many other entities. Now, the Great Lakes Science Center, a giant museum and educational complex in Cleveland, Ohio, has officially declared that it will start accepting Bitcoin (BTC) as a payment method from Tuesday, November 13, 2018. The institution will use BitPay when processing transactions.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/another-us-museum-to-begin-accepting-bitcoin/

Smart Valor — The Future of Global Investments

VALOR is a platform where you can invest in a variety of projects using cryptocurrency.

It will allow small and medium investors to participate in tokenized venture and private equity funds, invest in tokenized gold and diamonds, projects related to real estate, art, collections, intellectual property such as rights, patents, musical rights. In addition, investing in crypto funds, ICO and the ability to own a share of mining farms will be available.

VALOR platform includes different functions and at the same time is a platform for creating applications; place of advancement — asset allocation and bounty programs; and finally the blockchain network — VALOR Chain, which is integrated with public Ethereum and other public and private blockchains. It is already possible to register and test the platform interface. A demo version is available.

Read more: https://medium.com/@Vladar49/smart-valor-the-future-of-global-investments-91ab3e2890b7!

Bitcoin is Going to Face its Final Decisive Moment, an Expert Predicts

With all these staggering price dips, this year has obviously not been a huge success for crypto market investors. A prolonged bear market has caused many people to talk about a possible crisis and even a crypto crash. Many people fear a possible negative outcome but Tyler Cowen does not.

A professor of economics at George Mason University, Tyler Cowen also writes an opinion column for Bloomberg. In one of his recent articles, he states that a decline in digital currency growth can actually be a good sign.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-is-going-to-face-its-final-decisive-moment/