Coinbase Pro has decided to discontinue its margin trading services, according to a post on the company’s blog.

According to the announcement, customers will not be able to place margin trades after 2 p.m. PST on Wednesday, Nov. 25. The service will be disabled entirely after all open positions end next month.

This year, several Chinese OTC desks, miners, and traders have been caught up in a large-scale government crackdown, raising fear, uncertainty, and doubt that it is the leading cause of Bitcoin’s price surge. 

Thomas Heller, a Bitcoin mining expert from HASHR8, told Crypto Briefing: 

SBI VC Trade, a subsidiary of the Japanese financial giant SBI Group, has announced a new cryptocurrency lending service called “VC Trade Lending.” 

Like a few other altcoins, XRP has profited from Bitcoin’s impressive rally as of late.

The cross-border remittances token is up more than 200% in the past two weeks, but several technical and on-chain metrics suggest that prices may retrace before higher highs.

Investment banks and hedge fund managers are no longer shorting Bitcoin. Instead, leading advisors are strongly advocating BTC to attract institutional clients eager to benefit from the top coin’s lucrative gains. 

Andre Cronje, the founder of the highly-popular DeFi protocol yEarn.Finance has released details of a new project called Deriswap. 

According to the Wall Street Journal, former Federal Reserve Chair Janet Yellen could become the next Secretary of the Treasury. President-elect Joe Biden has nominated Yellen for the position.

If Yellen is confirmed, she will be the first woman to hold the position of Treasury secretary. She will also be the first person to lead three of the U.S. government’s biggest financial regulators: the Treasury, the Federal Reserve, and the Council of Economic Advisers.

Bitcoin briefly surpassed $19,000 this morning. This is the first time the first-ranked cryptocurrency has hit the price level since December 2017, when its value almost doubled from $10,000 in the space of less than a week.

According to the data analytics site CoinGecko, Bitcoin hit an all-time high price of $19,665 on Dec. 16, 2017. 

Bitcoin Cash ABC (BCHA), the result of the recent Bitcoin Cash (BCH) hard fork, has witnessed an attack where a single miner is disrupting the network. 

Experts are calling it a denial of service (DoS) attack aimed at disrupting the blockchain. 

The attack originated from an unknown mining entity that has been mining empty blocks on the Bitcoin Cash ABC chain for more than a week. 

The deposit contract for the network’s long-awaited ETH 2.0 upgrade passed its minimum threshold of 524,288 ETH yesterday, meaning that Ethereum’s Beacon chain will be deployed as planned at 12 pm UTC on Dec. 1.

The contract needed to meet the minimum of 16,384 validators seven days ahead of deployment, but a surge of deposits yesterday meant the target was exceeded late last night.