As part of its effort to fight fake exchange volumes, CoinMarketCap has released a new ranking tool called the Liquidity metric. The announcement came as the company hosts its first conference, The Capital, held in Singapore.

• Bitcoin Cash has a bullish short-term bias and a bearish medium-term trading outlook
• The four-hour time frame shows that a head and shoulders pattern has formed
• The daily time frame is showing that a neutral wedge pattern has formed

Bitcoin Cash has been on a wild ride since mid-September, with the BCH / USD pair quickly reversing from the $330.00 level towards the $197.00 level and then recovering back towards the $300.00 level.

A few days ago, Bitcoin saw one of the largest single miner difficulty drops since late 2018. Multiple culprits have been proposed, but data shows that this may have been a random coincidence.

Coinbase, Kraken and other cryptocurrency exchanges are taking positions on proof-of-work consensus and Bitcoin mining. Despite criticisms against proof-of-work, they argue there is little risk of centralization-induced attacks.

Swiss-based crypto bank SEBA is now open for business. After receiving a license from the Swiss Financial Market Supervisory Authority in August this year, the bank has now achieved its target of becoming operational this week.

SEBA will now begin serving Swiss customers, including private investors and corporations. It comes with initial support for legacy currencies and five crypto assets: Bitcoin, ETH, XLM, LTC, and Ethereum Classic. Cryptocurrencies can be traded into and out of fiat.

The most influential media organization in China, Xinhua News, ran an article on Bitcoin ⁠— introducing the technology to millions. The reporting follows what appears to be a thaw in China’s authoritarian stance toward cryptocurrency.

CoinMarketCap unveiled a new “Liquidity” metric to address reports of widespread wash trading throughout the crypto markets. The metric will replace volume as the default for rankings.

The FATF’s recent guidelines have widespread implications on what private information exchanges need to track and collect from customers. Here are some insights on the recent regulation from CipherTrace’s Nov. 5 Cryptocurrency Travel Rule Compliance Conference and Hackathon.

• Decred has a bullish short-term and a bearish medium-term trading outlook
• The four-hour time frame shows that large inverted head and shoulders pattern has formed
• The daily time frame shows a large descending triangle pattern

Decred has been on the rise since Chinese President Xi Jinping’s positive comments towards blockchain and cryptocurrencies, with the DCR / USD pair exploding by around 100% from its 2019 trading low.

Bakkt Warehouse is now available for all institutional clients. The custody solution was previously only limited to clients trading Bakkt Bitcoin Futures contracts.

The company has received today the authorization from the New York Department of Financial Services to offer bitcoin custody for all institutions around the world.