Cryptocurrencies Market Overview - November 20, 2017

Welcome to my Cryptocurrencies Market Overview for Monday, November 20, 2017.

Bitcoin is doing great again today. The price soared to new high above $8,200 today.

24 Hour Change

Realtime chart on my website CoinMarkets.today

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Daily Bitcoin chart

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - November 20, 2017

Bitcoin soars to new high above $8,200

Bitcoin, the red-hot cryptocurrency, continued its upward tear on Monday, hitting an all-time high above $8,200 per coin. The digital coin was trading up 2.35% at $8,222 at 9:31 a.m. ET, according to data from Markets Insider.
_{Read more: businessinsider.com}

Other sources about Bitcoin's price:

• Bitcoin hits new record high, breaking $8000 for the first time (CNBC)
• Setbacks And Naysayers Begone! Bitcoin Breaks $8,000 On Investor Confidence (Cryptocoinsnews)
• Bitcoin Price Appears Stable Above $8,000 for the Time Being (Themerkle)

Bitcoin Now Processes $2 Billion Worth Of Transactions Per Day, A 10x Increase In 2017

2017 has been bitcoin’s biggest year yet, with the digital asset reaching another new all-time high above $8,000 over the weekend. In addition to the exploding price, the total value transacted on the network per day has also seen substantial gains this year; however, the actual number of transactions processed by the network per day has been rather stagnant in 2017.
_{Read more: forbes.com}

62% of Institutional Investors are Buying or Considering Buying Bitcoin

Over the past few weeks, a string of surveys has provided an insight into the public’s perception of bitcoin. Japanese; Americans; millennials – all have been grilled regarding the world’s leading digital currency. One group that have yet to speak their piece en masse is institutional traders – until now. A newly released survey sheds light on what investors think of bitcoin and it makes for interesting reading.
_{Read more: bitcoin.com}

NEO Boom or Bust? New Announcements and FUD

Blockchain company NEO has had a spectacular weekend, by any accounting. The company made a number of important announcements, resulting in a significant price jump, with more announcements to come.
_{Read more: cointelegraph.com}

Other sources:

• NEO Price Attempts to Stay Above $40 Despite Bitcoin’s new All-time High (Themerkle)
• NEO Launches Dev Competition with $490,000 Prize Pool, Co-organized by Microsoft (Cryptovest)

‘End the Fed’ Evangelist Ron Paul Plugs Bitcoin IRA for Retirement

The notorious former U.S. congressman, Ron Paul, is now telling FOX Business viewers to invest in bitcoin through an individual retirement account called Coin IRA. The staunch libertarian and gold bug makes his appearance on a nationally televised commercial telling millions that he’s “excited to see what bitcoin opens up.”
_{Read more: bitcoin.com}

Other sources:

• Former US Presidential Candidate Ron Paul Promotes Bitcoin-based Retirement Investments

Roger Ver Declares Bitcoin Cash to Be True Bitcoin, Market Forces Bring More Attention

Earlier this year, divergent groups within the original Bitcoin community could not agree on a particular protocol to be implemented in scaling the platform. Those who sought bigger blocks therefore hard forked away from Bitcoin and created Bitcoin Cash (BCH).
_{Read more: cointelegraph.com}

These Doomsday Preppers Are Starting to Switch From Gold to Bitcoin

Across the North American countryside, preppers are storing more and more of their wealth in invisible wallets in cyberspace instead of stockpiling gold bars and coins in their bunkers and basement safes.
_{Read more: bloomberg.com}

Other sources:

• Bitcoin is Apocalypse Proof, Say Doomsday Preppers (Cointelegraph)

Crypto on Main Street: Company Creates Crypto ATMs for Mainstream Use

The cryptocurrency industry has in the past year reached a level of public interest that until recently was unimaginable. Previously associated with black market dealings, security flaws and speculation, Bitcoin, Ethereum and the many other altcoins have this year drawn unprecedented positive interest from banks, governments and businesses.
_{Read more: cointelegraph.com}

First Dedicated Bitcoin Gold Wallet Announced

The very first Bitcoin Gold wallet has been announced by wallet maker Freewallet. The company’s 20+ cryptowallet platforms now include one that is dedicated to BTG.
_{Read more: cointelegraph.com}

Karpeles Scraps Idea for Possible ICO to Fund Mt. Gox Revival

Mark Karpeles, controversial ex-head of now-bankrupt Bitcoin exchange Mt. Gox, who recently proposed an Initial Coin Offering (ICO) in a desperate bid to revive the defunct exchange, has scrapped the idea after a consultation with lawyers.
_{Read more: cryptovest.com}

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