Market Watch | Bitcoin | $16,214 | 7 day: +4.4% | | Ethereum | $470 | 7 day: +6.5% | | All crypto | $464b | 7 day: +5% | | Bitcoin dominance | 64.7% | 7 day: -0.1% | Prices as of 9:45 a.m. EST
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Bitcoin Cash (BCH) will again experience a contentious hard fork on Nov. 15, 2020. Bitcoin itself can be forked by almost anyone, yet few bitcoin forks retain their value. Former billionaire Roger Ver's BCH is one of bitcoin's few forks that has retained value. - Bitcoin Cash will hard fork on Sunday during a scheduled upgrade.
- The upgrade is controversial and will result in two blockchains after the fork.
- The fork will break Bitcoin Cash into two new cryptocurrencies: "Bitcoin Cash Node" and "Bitcoin Cash ABC."
- Most exchanges will support Bitcoin Cash Node, but not support Bitcoin Cash ABC.
- The price of the two forks will be very different, so owners of both forks will not likely double their money.
- Exchanges and custodians are notifying customers of how they intend to deal with the two forks. (Be sure to check with your vendors if you currently own BCH).
- This story continues in part 2, below...
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Roger Ver gets his way: - Bitcoin Cash forked in 2018, resulting in Bitcoin SV (BSV) and Bitcoin ABC (BCH).
- During 2018, some exchanges used the symbols BCHABC and BCHSV to distinguish between the forks.
- Those symbols were later changed to BCH and BSV, respectively.
- (The dominant form of Bitcoin Cash, Roger Ver's BCH, asked to regain its prior symbol, which had been BCH prior to the 2018 hard fork. Roger Ver got his way in 2018.)
- Roger Ver will also get his way this Sunday, with Kraken exchange reporting that over 70% of nodes are signaling for Ver's Bitcoin Cash Node and less than 1% signaling Bitcoin Cash ABC.
- Live signaling can be tracked here.
CoinTelegraph 
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 Roger Ver Why Bitcoin Cash is forking (again): - The upcoming contentious hard fork stems from a conflict regarding development funds among BCH implementations: BCHN, Bitcoin ABC, and Bitcoin Unlimited.
- Roger Ver, CEO of Bitcoin.com, leads the BCHN camp.
- Bitcoin ABC community's leader is Amaury Séchet.
- As usual, there have been controversies, demands, calls for changes to consensus rules, feature freezes, protests, swaps to new nodes, criticisms, name-calling, proposals, and all manner of disagreements.
- Note: Roger Ver has renounced his U.S. citizenship and remains private about how he uses his exceptional wealth.
Kraken
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| | Which Will Be More Valuable Next Year: Bitcoin Cash Node or ABC? | | | | | | |
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 FINRA Regulates Texture Capital Texture Capital secures FINRA membership to operate a digital securities broker-dealer. - The company secured membership approval from the U.S. Financial Industry Regulatory Authority (FINRA) for its Alternative Trading System (ATS) and to operate as a digital securities broker-dealer.
- The approval from FINRA allows Texture Capital to facilitate digital asset trading and certain issuances.
Claims of grandeur: - Richard Johnson, CEO and Co-Founder of Texture Capital, spoke hyperbolically, "Texture plans to revolutionize the two trillion-dollar market for private securities."
- Johnson also said that this FINRA approval will "enable" Texture to tokenize and trade securities, despite lacking approvals from other agencies relating to any specific securitization.
- Johnson also expects 20 security token issuers to join its platform within six months. For context, tZero only has three.
Coindesk
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Silvergate Bank added $586m in new deposits. The number was part of its Q3 earnings report, representing growth in the digital asset company's deposits. - Silvergate is one of the few U.S. banks to openly serve cryptocurrency exchanges.
- On its Q3 earnings call on Nov. 9, the bank attributed new deposits as coming primarily from cryptocurrency industry companies.
- CEO Alan Lane spoke extensively about its instant settlement network known as Silvergate Exchange Network, a fiat onramp and settlement network. The bank continues onboarding clients and processed 68,000 transactions worth $36b across this network during the quarter.
- Silvergate bank currently serves 928 clients, of which 47 joined during Q3.
- The bank said that a majority of those 47 new customers, 33, were institutional investors.
Coindesk
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The U.K. Treasury Dept. continues planning for a central bank digital currency. - The Treasury Department of the U.K. will propose regulations around private stablecoins and move forward with its research into central bank digital currency (CBDC), according to an announcement on Nov. 9.
- Rishi Sunak, the U.K. Treasury Chancellor, indicated that guidelines would require private stablecoin projects to follow minimum standards that correlate to other modes of payment.
- England's central bank is planning to issue a U.K.-based digital currency to complement cash.
- In a tweet, Chancellor Sunak shared that his department would soon open consultations for private cryptocurrency and stablecoin projects to ensure they fit the bill of existing high standards like its counterparts.
CoinTelegraph
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QUICK HITS - The fallout continues from Ethereum's unannounced hard fork that created $52b out of thin air until centralized remediation saved the day, again.
- Crypto lending company BlockFi is planning an early 2021 retail offering in Europe. David Olsson, VP for Europe and Asia, notes that the roll-out will not include the U.K. and likely to begin in the Netherlands, Switzerland, and Italy.
- One first-time founder just raised $1,400,000 after finding an early market signal from this website.*
- Bitcoin mining company Bit Digital (NASDAQ:BTBT) executed an asset purchase agreement with non-U.S. investors to issue shares worth $13.9m in exchange for bitcoin miners.
- Travel app ShareRing integrates with Travel Xchange by Japan's $1.5t Rakuten (4755.T). The integration increases hotel inventory and adds cryptocurrency payments.
- Tech Hiring Trend: Vettery reports 53% of tech employers are open to remote work while only 12% market this benefit, download remote hiring guide for insights.*
*This is a sponsored post.
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 |  | Written and curated by wide-eyed bitcoin watcher since $1, Aaron Wise. Streaming headline junkie, Associated Press fanboy, eye-strained news terminal watcher, 2017 founder of Cryptocurrency Newsfeed. Temporarily based in Florida while awaiting the construction of cryptopia. |  | | Editor | Alexander Huls is a Toronto-based journalist. He has contributed articles about true crime and pop culture to The New York Times, Men's Health, Popular Mechanics, and other fine publications. Follow him on Twitter @alxhuls. | |
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