Weekly Update: Bitcoin at $8,000 / SEC / BCH Hard Fork / Square Cash / Coinbase Custody / RSK Launch

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Description

This video is a recap for the cryptocurrency market for the week ending November 18, 2017. Highlights: - After the hard fork drama and the parabolic run for Bitcoin Cash, the past week was relatively quiet in terms of news. Bitcoin rallied 23% to $7800 dollars and volumes increased by 40%. Bitcoin is now in its all-time-high territory and at one point, it even broke $8,000 briefly. - EOS surged 66% on very heavy volumes, surpassing OmiseGo as the largest token by market cap. - According to the Wall Street Journal, SEC Chairman Jay Clayton was quoted as saying that he has yet to see an ICO that doesn't have a sufficient number of hallmarks of a security. - Bitcoin Cash successfully completed its hard fork.The new software changes the Difficulty Adjustment Algorithm which is meant to help bitcoin cash attract miners with profits to help secure its blockchain. - The P2P payments app, Square Cash, rolled out a new feature this week that allowed a select number of its Cash App customers to buy and sell Bitcoin. - The Bitcoin exchange, Coinbase, announced the launch of Coinbase Custody, which is a custodial service for digital assets. -The long-awaited smart contract platform RSK is set to launch next month and will essentially be the Bitcoin-based rival to Ethereum. According to the CEO, the mainnet beta for RSK will be launched on December 4th. For more on this week's developments, please visit: https://crushcrypto.com/cc-weekly-november-19-2017/ Please subscribe to our YouTube channel and our email newsletter to get our latest updates. _______________________________________ Disclaimer The information in this video is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose. Crush Crypto makes no representations, warranties, or assurances as to the accuracy, currency or completeness of the content contained in this video or any sites linked to or from this video.