Your Daily Bitcoin News - Coin Update

Your Daily Bitcoin News

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November 1, 2017 | $6,512.16

Over One Million People Enroll in Online Crypto Class

CNBC's Senior Tech Reporter Ari Levy details how the world's most popular cryptocurrency, bitcoin, with its acceptance explosion and staggering valuations, now seems to have opened an entire new educational universe.

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Joel Osteen-Endorsed Pastor Sentenced to Five Years in Coin.mx Case

Pastor Trevón Gross, endorsed by televangelist Joel Osteen, was sentenced to five years in prison for his role in the Coin.mx exchange case, which involved bribery and use of a long-established church credit union. He's the third person to be sentenced in the case.  

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Major Chinese Exchanges Launch P2P Trading Platforms

China's major exchanges have found a legitimate means through which to continue operations despite the Chinese government crackdown on cryptocurrency exchanges.

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Bitpay to Suspend All Services During the Segwit2x Hard Fork

With roughly fifteen days left bitcoin-based businesses all around the world have been preparing their users for the possible hardfork expected to take place on or around November 16. Now the world's largest bitcoin merchant service provider, Bitpay, has revealed its contingency plans for the upcoming Segwit2x hard fork.

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CME Group Aims to Launch a Bitcoin Derivatives Platform This Quarter

On October 31 the world's largest options and futures exchange, CME Group, has announced it will be launching a bitcoin-based derivatives marketplace for future contracts during Q4 of 2017. The U.S. headquartered financial markets company says there is "increasing interest" for cryptocurrency options and futures products for mainstream investors.

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Bitcoin Cash Hard Fork Plans Updated – New Difficulty Adjustment Algorithm Chosen

The Bitcoin ABC development team has announced its plans for the November 13 Hard Fork upgrade of Bitcoin Cash. The upgrade is designed to stabilize the problematic difficulty adjustment algorithm (DAA). News.Bitcoin.com talked to Bitcoin ABC lead developer Amaury Séchet and Bitprim CEO Juan Garavaglia about what to expect.

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