The cryptocurrency industry is subject to a lot of attention by criminals and hackers. This has caused many problems in the past, yet also affects present proceedings. The latest victim in this regard is Cryptopia, one of the more prominent altcoin exchanges. After a recent incident, the team confirmed someone accessed specific information and funds without authorization.
The Mysterious Cryptopia Incident
Over the past ten years, numerous Bitcoin exchanges and trading platforms have been infiltrated by criminals and hackers.
Another day dawns upon the cryptocurrency industry. While most markets are moving up slowly, the number of arbitrage opportunities continues to increase accordingly. A lot of good money can be made today by flipping the following altcoins between the associated exchanges. Depending on how all markets evolve, there will be further gains waiting on the horizon.
Ethereum (Gate / KuCoin / EXMO)
A fair few price differences can be noted where Ethereum is concerned.
Very few industries are subject to as much criticism and personal opinions as cryptocurrency. It seems the opinions on Bitcoin and other currencies or projects are all over the place. While that creates some exciting conversations, it also appears they lead to a lot of misinformation. When it comes to the recent market sell-off, for example, it was seemingly a matter of time until the positive momentum was turned into a negative spree.
Explaining the Recent Crypto Market Drop
A lot of people were surprised to learn all major cryptocurrency markets lost a ton of value earlier this week.
As the cryptocurrency industry remains subject to a lot of bearish price pressure, it would appear the demand to short these assets is increasing. For most users, this process needs to be automated as well. Some trading bots on the market allow for such functionality, although it is always risky to engage in such financial activities.
Shorting Cryptocurrency Makes Sense
To users who only want to make money with Bitcoin and altcoins, any opportunity to do so will be worth exploring.
There are always some developments taking place behind the scenes of the cryptocurrency world. Although the following rumor has not been officially confirmed by the company in question, it would appear there is some genuine mainstream media attention for this development. It would appear Jihan Wu is stepping down as Bitmain CEO because he is allegedly growing concerned over the company’s financial state.
Jihan Wu Allegedly Rethinks his Bitmain Role
It has been a pretty interesting year for Bitmain throughout 2018.
After spending four days above $4,000, Bitcoin has finally given way. And it has been quite a drop, with the currency losing $250 in the space of thirty minutes. The drop sees it trading at $3816 at press time, having dropped from $4,016. Bitcoin had witnessed yet another 30-minute rally on January 6, gaining over $200 in just thirty minutes to hit $4,080. It was the first time Bitcoin had hit the $4,000 level since Christmas and many viewed it as the first step in a possible 2019 rally.
With the New Year almost upon us, the cryptocurrency market doesn’t look all that exciting. The global market cap dropped around $16 billion in the past 24 hours from $146 billion to the current cap of $130 billion. The good news is, while most cryptocurrencies are in the red, the price drops aren’t significant.
Bitcoin, XRP, and Ethereum are down roughly 1-2% which isn’t something to be concerned about. Bitcoin Cash is also taking a bit of a beating dropping almost 4% in the past 24 hours.
In the world of cryptocurrency, there is never a shortage in terms of controversy. While the Brave browser is getting a lot of positive attention right now, there is also an interesting discussion taking place on Twitter. It appears the company will need to rethink how content creators can be rewarded and potentially letting the opt-out in the process.
Brave Browser Controversy Raises Valid Points
The concept of the Brave browser is very interesting, on paper.
The grinch is in town. What started off as a bullish Christmas eve has turned into quite a bearish Christmas day. What we just experienced is a textbook bull trap. Let’s talk about it.
They say a picture is worth a thousand words, that’s why one look at Bitgur’s cryptocurrency heat map is all you need to see exactly what’s going on:
Source: BitgurAs you can see, double digit losses across the board.
At press time, the father of cryptocurrency is trading for just under $4,000, marking little to no change since our last price piece. We’re in the final days of the month, and while December has often brought a sense of magic and stamina to bitcoin we rarely witness throughout the rest of the year, it’s difficult to say where it will lie before 2019 rings in.
All we can really do at this stage is hope that 2019 doesn’t start off the way 2018 did. As you all probably remember, 2018 brought on an ongoing period of slumps that lasted from day one up until the end of the year.
In the world of cryptocurrency mining, plenty of changes have occurred throughout the years. Whereas CPU mining once was people’s only option to generate Bitcoin, things have taken a few interesting twists and turns over the years. To date, CPU mining is pretty much unfavorable, although it may not disappear anytime soon. The new VerusHahs algorithm certainly wants to keep CPU mining alive, for the time being.
Why CPU Mining Still Matters in 2018 and Beyond
Anyone who has recently attempted to mine cryptocurrency with just their computer may have noticed that is a rather daunting task.
Good news, folks! After weeks of humiliation and steady price declines, the father of cryptocurrency is once again past the $4,000 mark. This was a feat very few analysts said could happen, and many were certain that bitcoin would continue to sink. Some even claimed that the currency would fall to as low as $1,000 before any signs of recovery showed their faces.
At press time, the father of crypto is trading in the high $3,400 range, marking a $50+ price since our previous price article.
The big question we’re likely asking right about now is, “Could bitcoin potentially be recovering?” Late last week, the currency hit the $3,100 mark for the first time in several months. It dashed all hope for the incoming new year and caused many analysts to be assertive in their gloom-and-doom sentiment that bitcoin would continue to fall well into 2019.
Chart by VaidoVeek
However, at the time of writing, we have witnessed two steady days of price increases for everybody’s favorite cryptocurrency, and positivity is once again entering the crypto space.
The internet is primarily for Porn. While that is an unwritten rule, it is also something most people will readily agree with. Pornhub has shared its 2018 statistics last week, which are pretty interesting to keep an eye on. The platform continues to grow as more time progresses, as all of the key statistics continue to increase over time.
The Growth of Pornhub is Genuine
In the cryptocurrency world, Pornhub made a lot of headlines for its partnership with Verge.
There are some interesting questions as to what the future will hold for all cryptocurrencies and digital assets. The year 2018 hasn’t offered much positive news, yet next year could be totally different. A few industry experts have weighed in on this question, although their outlooks are quite different from one another.
Looking Beyond 2018’s Bearish Trend
Considering how much proverbial damage has been done to the credibility of cryptocurrencies in 2018, no one will be surprised if this trend continues throughout 2019.
German blockchain startup Bitwala has launched crypto banking in Germany.
After securing €4 million (roughly $4.5 million) from VC firms Earlybird and Coparion in September of 2018 to develop a crypto banking solution, the company has allegedly amassed a waiting list of 30,000 potential users.
It’s green again! Bitcoin has recovered and is performing strongly, gaining 6.3 percent in the past 24 hours. The currency hit $3,680 earlier today, a level it last hit on Thursday. At press time, the currency was trading at $3,636 according to data from CoinMarketCap. In some markets such as the Hong Kong-based HitBTC, the currency was trading north of $3,750 and was showing no signs of regression any time soon.
Binance just offered its users an in-depth sneak peek of its forthcoming decentralized exchange (DEX). Announced in March of 2018, the decentralized exchange will be built on Binance’s own Binance chain, the soon-to-be base layer for BNB, Binance’s trading currency that is currently an ERC-20 token.
A December 4, 2018, YouTube video posted by Binance’s official channel showcases the work the Binance DEX has undertaken on the project since its last update.
Bitcoin has fought to trade above $4,000 in December and for the most part, it has succeeded. However, the very crucial support level was breached yesterday as the currency lost 5 percent to drop to $3,830. However, it has since recovered to trade above $4,000. The support level seems quite fragile and at press time, the currency was trading at $4,023, up 3.1 percent in the past 24 hours. The currency will however surpass its all-time high by the end of next year according to the CEO of Japanese crypto trading platform Quoine.
Bitcoin has fallen by roughly $200 since our last price piece, but the father of crypto is still managing to retain a position in the $4,000 range.
Overall, it’s been something of a mixed time for bitcoin. The currency shot up to $4,300 earlier in the week after it had been trapped in the $3,000 range since Thanksgiving, but later fell to approximately $3,900 on Friday, November 30, 2018.
Кто знает подойдет ли этот кошелек для постоянного приема в сатоши? Я просто майнить не решился, но написал несколько ботов для того, чтобы они собирали с кранов монеты. Я так понял, что это веб-кошел...