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Ricardo Salinas Pliego, the second-wealthiest man in Mexico, has revealed that 10% of his “liquid portfolio” is invested in Bitcoin (BTC).

The billionaire shared a video captured in “a Latin country” depicting banks throwing out garbage bags filled with paper money into a dumpster. He asserted that “paper money is worth nothing,” adding: “That is why it is always good to diversify our investment portfolio.”

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Bitfinex exchange announced that it has launched new perpetual contracts on its platform involving IOTA, Chainlink (LINK) and Uniswap (UNI).

This will allow Bitfinex users to access the derivatives section from today,

November 18th at 10 AM UTC, and find new products that correspond to the three added assets:
- Chainlink (LINKF0:USTF0);
- Uniswap (UNIF0:USTF0).

As is customary with these types of contracts, the maximum leverage is up to 100x, while all orders will be handled through the Tether (USDT) stablecoin.

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Nearly 25,000 new Bitcoin (BTC) addresses were created today in just one hour—a level that was last seen in January 2018.

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Binance will list Oasis Network (ROSE) and open trading for ROSE/BTC, ROSE/BUSD and ROSE/USDT trading pairs at 2020/11/19 8:00 AM (UTC).

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Bitcoin’s appeal as an alternative store of value asset is strengthening, according to analysts at Germany-based investment bank Deutsche Bank.

“There seems to be an increasing demand to use bitcoin where gold used to be used to hedge dollar risk, inflation, and other things,” Jim Reid, managing director, head of global fundamental credit strategy, said, according to ZeroHedge.

Bitcoin has long been considered by supporters as digital gold, due to its limited, predictable supply and use case as a store of value outside banking influence.

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NEM Group confirmed that Snapshot and Symbol mainnet launch will take place on 14 January 2021.

Launch: 14th January (exact time TBC)
Snapshot Block: 3,025,200
Snapshot Date: 14th January (approx 11:07am UTC from block height)
Pre Launch Opt-In closes: 9th January

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Data from on-chain tracking firm Glassnode shows miner revenues are back at pre-halving levels, i.e. before May 12 of this year. These are the same as when block rewards were double those of today.

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OKEx will reopen unrestricted withdrawals on or before Nov. 27, 2020. Prior to withdrawals reopening, team will conduct strict security checks to resume normal operations of the hot wallet system and ensure the safety of users’ funds.

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The number of Ethereum addresses holding at least one ETH ($476) today hit an all-time high, according to data from metrics site Glassnode. Glassnode today tallied up 1,170,598 addresses.

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Mitsubishi UFJ Financial Group (MUFG), one of the largest banking institutions in Japan, is set to launch its high-speed blockchain payment network with the U.S.-based tech firm Akamai in 2021.

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ETH has crossed the $500 mark today, for the first time since July 18, 2018. The world's second-largest cryptocurrency is currently trading below $500 on Coinbase, according to tracker TradingView.

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Winning Poker Network, which operates a number of online poker sites, said has been forced to buy millions in bitcoin a day to meet the demands of exiting players.

As reported by Bloomberg on Thursday, 90–95% of Winning Poker’s payouts are in bitcoin because of the recent price rises, said the company’s CEO, Phil Nagy. “We are constantly having to go out and buy bitcoin, lots. Lots. More than we’ve even had to before.”

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Rick Rieder, CIO of Fixed Income at investment management giant BlackRock, has said that bitcoin and cryptocurrency are “here to stay.”

"Do I think it's a durable mechanism that ... could take the place of gold to a large extent, yeah I do, because it's so much more functional than passing a bar of gold around," Rieder said.

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Gate .io has added the following ETFs: QTUM3L and QTUM3S, XLM3L and XLM3S, XRP3L and XRP3S with leverage . 3L is a long position while 3S is a short position, which tracks the price change range of the underlying asset and changes with amplified range percentage.

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President of the People’s Republic of China, Xi Jinping, is urging G20 nations to support the emergence of central bank digital currencies (CBDCs).

In his opening remarks to the international forum, Xi called on world leaders to create a set of standards and principles supporting digital forms of fiat currency.

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Binance Futures will launch a ALPHAUSDT perpetual contract with trading opening at 2020/11/23 7:00 AM (UTC). Users will be able to select between 1-50x leverage.

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Crypto exchange OKEx has just successfully tested a withdrawal transaction, suggesting that the service could indeed resume by November 27, as previously announced.

On-chain data analytics platform CryptoQuant first noticed the transaction, where OKEx withdrew 0.02 bitcoin (worth about $370) from one of its wallets.

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Coinbase has seen a $14 billion increase in institutional assets under custody since April, its head of institutional coverage at Coinbase said in a YouTube interview published on Friday.

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Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators.

Bank will provide its new cryptocurrency solution in collaboration with its long-running partners like fintech firm Avaloq and crypto custody provider Metaco.

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PayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.”

In an interview with CNBC, PayPal CEO Dan Schulman said the COVID-19 pandemic has accelerated the shift to digital forms of payments.

Schulman said the “use of cash has declined precipitously” amid the pandemic, adding that “40 to 70% of consumers no longer want to handle cash.”

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