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Crypto News from Coinzy - November 29, 2018 PM

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Here's Your Evening Crypto News for
November 29, 2018

Steemit has Fired 70 Percent of its WorkForce, Token Price is on the Rise

Considering the current bear dominated market conditions, there has been reporting of several crypto companies trimming their WorkForces. Steemit, a social media platform where everyone gets paid for creating and curating content has joined the leagues of companies trimming its workforce.

Cory Johnson: Ripple One Of Most Advanced Companies On Any Market

Cory Johnson, the Chief Market Strategist at Ripple, talked at the Techonomy 2018 conference about the crypto space. He said that Ripple is one of the most advanced companies in the blockchain market. Ripple has been working during the last years in order to develop different products and services for financial institutions and banks.

Online Retail Giant Amazon Finally Forays into Blockchain

Amazon is the latest addition to the growing list of companies that are embracing the blockchain.  Yesterday, the online retail giant announced that it has launched two blockchain products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain.

Fidelity Looking to Expand Digital Asset Trading Beyond Bitcoin and Ether

Revealed today at the Block FS conference in New York, the news came in response to a question from CoinDesk posed to Tom Jessop, head of Fidelity Digital Assets, on what other cryptocurrencies may be added to the platform, to be launched next year.

Financial Powerhouse Fidelity Reboots VC Crypto Fund

Fidelity's little-known crypto venture fund is back in action. Using capital from the company's balance sheet, Fidelity launched its fund in the fall of 2017, investing in cryptocurrencies and crypto-related companies.

Dogecoin [Doge] Trades At Key Level After Market Recovery

Dogecoin [Doge] technical analysis for 29th November 2018. Dogecoin rises above a key level but falls back below. We analyze the factors driving price action from here and how the level is likely to come into play.

Judge Rules SEC Has Failed to Prove Blockvest ICO is a Security

An important milestone was marked on Tuesday (November 27), on the rolling issue of the US Securities and Exchange Commission's (SEC) regulation of initial coin offerings (ICOs) in the country, as San Diego District Judge Gonzalo Curiel denied the SEC's request for a preliminary injunction to freeze assets related to the Blockvest ICO. The case will now go to trial.

'Unequivocal Yes': NYSE Chair Says Bitcoin and Crypto Are Here To Stay

Bitcoin and cryptocurrencies are here to stay despite the current bear market, says Jeff Sprecher, chairman of the New York Stock Exchange and CEO of its parent company, Intercontinental Exchange (ICE).
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