NYSE chair says bitcoin is here to stay / Galaxy lost $15M per month / Amazon launches blockchain service

Subscribe | View in browser $BTC (1:45 p.m. EST): $4,321.93 (+1.15%) // 90-day high: $7,382.19 // 90-day low: $3,604.14 / / More… $BCH ABC (1:45 p.m. EST): $182.37  (-5.14%) // 90-day high: $703.41// 90-day low: $157.32 // More… $ETH (1:45 p.m. EST): $119.68 (-1.13%) // 90-day high: $365.71 // 90-day low: $98.42 // More… $LTC (12:45 p.m. EST): $34.58 (-1.66%) // 90-day high: $74.80 // 90-day low: $27.23 // More… $XRP (1:45 p.m. EST): $0.3782 (-3.48%) // 90-day high: $0.61 // 90-day low: $0.26 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. "Bitcoin is here to stay" was the message from the chairman of the New York Stock Exchange, as crypto prices continued to surge for a second day. When asked at the Consensus: Invest conference in New York this week if he thinks digital assets will survive in the long term, NYSE chair Jeff Sprecher said, "The unequivocal answer is yes." He added, "Somehow bitcoin has lived in a swamp and survived. There are thousands of other tokens that you could argue are better but yet bitcoin continues to survive, thrive and attract attention."  – FORBES       2. Cryptocurrency investor Mike Novogratz's merchant bank has been hit hard by the market tanking in the last several months, to the tune of $15 million per month. Bloomberg reports that Novogratz's crypto trading desk Galaxy Digital Holdings LP racked up $136 million in losses for the first nine months of 2018. The report, as CCN says, "provides a rare window of insight into just how affected crypto traders have been by depressed and falling asset prices that have persisted throughout the year." Earlier this month, Novogratz was predicting that Bitcoin rebound and hit a record of high price of $20,000 in 2019. – BLOOMBERG       Vettery is building a more accountable hiring process. Vettery aims to make the recruiting process more transparent for job-seekers and hiring managers, across the board. With intuitive search and collaborative tools, cut down your time to hire and discover top-notch tech talent today. Try Vettery       3. Amazon is launching a service to help clients build blockchain networks. At Amazon's re:Invent conference on Wednesday, the company announced the Amazon Managed Blockchain platform, which promises it will make creating and managing scalable blockchain networks easier. As of now, the service is in the preview stage for certain Amazon Web Services clients. – COINDESK       4. Wednesday marked the biggest single-day price gain for bitcoin since April. After months of trending downward, bitcoin surged between Tuesday and Wednesday, closing yesterday at $4,257, an 11.43 percent gain over the previous day. That hasn't happened since April 12, when bitcoin was trading at around $6,900. Still, this may mark the start of a major recovery, especially as institutions like the Nasdaq and NYSE begin to show more confidence in crypto's future. – COINDESK       A 6-week MIT blockchain course Be guided by MIT faculty as you learn to harness the power of blockchain technology to solve real-world business problems in your organization. Find out more.        5. When the US government announced sanctions this week against two Iranian nationals and published their bitcoin addresses in connection to a ransomware scheme, it may have largely just been symbolic. While the US may be able to punish US nationals who do business with these addresses, there are no actual means of blacklisting a bitcoin address. – BITCOIN NEWS 6. Smaller coins have been riding the wave of this week's rally, with Vertcoin surging, and TRON (TRX) rising over 33% in one day. 7. Venture capital guru Fred Wilson isn't taking this bitcoin rally too seriously, and warns crypto dabblers that the worst is yet to come for the market.  8. The last 24 hours of trading meant $19 billion in overall value gains in the crypto market. 9. South Korea's National Election Commission is working to implement blockchain voting. 10. The TRON Foundation just announced a $100 million fund to advance blockchain gaming on the TRON network.       Written and curated by Jay Barmann, who also edits Inside Social and Inside Beer, and spent three and a half years as Editor in Chief of SFist.com, the San Francisco branch of Gothamist. As a freelance writer he has also written for SF Weekly, 7x7, Curbed SF, Eater SF, New York Magazine, and San Francisco Magazine, among others, and in his spare time he edits the blog OpeningNightSF. Follow him on Instagram at @conflator or Twitter at @jaybarmann. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Capitalize on the economic opportunities offered by blockchain technology with MIT Sloan.

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