Coinatory

On December 29, one of the largest cryptocurrency Ethereum showed the largest increase, rising by almost 15% over the day. The daily trading volume of a digital asset exceeded $3.1 billion. The coin grew from $113 to $137, which allowed it to become the leader in growth from the top ten cryptocurrencies. In the second half of December, we saw the resumption of the Bitcoin and Altcoin rally. At this time, Ether rapidly increased in price and could even pierce the $200 mark. However, then a correction came, and the coin slipped significantly. The crypto market started to show aggressive growth again. Bitcoin once again broke through the $ 4,000 mark and now holds this position on some trading platforms. The rate of the ether has ... Read more about " Ether showed the most aggressive growth, having risen by almost 15% over the day " on coinatory.com

Representatives of the Russian metallurgical company Norilsk Nickel are negotiating with the Huobi cryptocurrency exchange to place a stablecoin secured with metals on the platform. Earlier it was reported that the leadership of the metallurgical giant plans to release its own cryptocurrency next year. This asset will have collateral in the form of non-ferrous metals, which will minimize the risks of its volatility in the market. As noted by the Vice-President of the Russian Association of Cryptoindustry and Blockchain (RAKIB) Andrei Grachev, if all the work on the issue of stablecoin will be done on time, then the coin can be placed on the Huobi exchange. This information has already been confirmed in the press center of Norilsk ... Read more about " Stablecoin of "Norilsk Nickel" will be traded on Huobi exchange " on coinatory.com

According to BitPay CEO, Stephen Pair, the mass distribution of payments using decentralized technologies will begin in 3-5 years.Speaking on CNBC, he said that Bitcoin payments will definitely become part of our life, but only some time must pass. Commenting on the situation around the fall of Bitcoin from historic highs, Stephen Pair noted that the main coin began to fall in price due to speculation from major traders. He stressed: I am sure that the introduction of blockchain technolog is inevitable. It is the side of the cryptosphere that determines the true value of the largest cryptocurrency. BitPay CEO is confident that Bitcoin will grow in the future, as new players will enter the market, which will stimulate the ... Read more about " BitPay CEO told when mass adoption of blockchain payments will begin " on coinatory.com

On December 17, Odilon Almeida, President of Western Union Global Money Transfer, announced that his company was “fully prepared” to work with cryptocurrencies to secure international payments. Almeida said that Western Union is ready to make maximum use of the blockchain and cryptocurrency technology for its work, as it specializes in international payments and “knows well” what it is. "Cryptocurrencies can be another widespread option to ensure the exchange of values between people and countries, and if this happens, we are ready for the launch," said Almeida. However, he believes that this will not happen immediately since the crypto industry is still at an early stage of development and faces a number of problems that are com ... Read more about " Western Union talks about its willingness to work with cryptocurrencies " on coinatory.com

Donald Trump has just appointed Mick Mulvani to the post of head of the White House administration. It seems that the next spontaneous decision of the US government on the appointment of people to positions of responsibility led to an advantage for the cryptocurrency community. Mulvaney is said to have serious disagreements with Trump’s policies, and a few days before his election, he declared that the candidate Trump is “a terrible person.” Now supporters of cryptocurrency hope that this is a huge benefi for innovation, since the Republican from South Carolina is considered a supporter of digital currencies and is actively promoting legislation on blockchain technology as part of a special group. The previous head of the Wh ... Read more about " The new head of the administration of the White House - a supporter of bitcoins " on coinatory.com

In the history of cryptospace there was a lot of deception and scandals that were associated with counterfeit trading volumes on exchanges. Most recently, the Blockchain Transparency Institute (BTI) published a research report stating that most of the top 25 leading crypto exchanges provide excessive data on trading volumes on their platforms and that only Bitfinex and Binance disclose accurate information. The report says that 87% of these companies actually fake such data. The report says that CoinMarketCap also does not provide reliable information, and that "data from 11 out of 25 exchanges [at CoinMarketCap] are rigged by 99%." It is also indicated that the data on the trading volumes of major exchanges such as Huobi ... Read more about " Only Binance and Bitfinex do not fake trading volumes among the 25 largest exchanges " on coinatory.com

On December 16, the legendary American cypherpunk, author of the "Cryptoanarchist Manifesto", Timothy May, died. He was 67 years old. May became one of the founders of the cipherpunk movement, whose participants in the 1980s began to promote and develop methods of cryptography as a means of changing communication, economics and people"s relations in society. He made a number of remarkable predictions - some of them were published on the pages of the “Cryptoanarchist Manifesto” - about the possibility of distributed encrypted networks that transform the relations between citizens and the authorities. Many of May"s predictions, based on his libertarian beliefs, have come true over the past thirty years. Of course, first of all, we are ... Read more about " Crypto-anarchist Timothy May, who predicted the appearance of Bitcoin, died " on coinatory.com

As reported on December 12 by the local news publication Les Echos, French politicians want to invest € 500 million ($ 569 million) in the development of blockchain projects at the state level over the next three years. Parliamentarians believe that investment will allow France to become a “blockchain state.” They also intend to play an active role in the development of the mining industry in the country. One of the authors of this initiative, MP Jean-Michel Mis, said: “2018 was the“ zero year ”in the process of popularizing the blockchain in France. 2019 will be the year of development of this ecosystem, which can be fully realized within three years, thanks to cash injections in the amount of € 500 million. " Investment init ... Read more about " French politicians suggest investing $570 million in blockchain development " on coinatory.com

BTC/USD BTC/USD is being traded at $3,477 in the correction. The technical picture continues to remain unchanged. News background still does not bode well. So, AriseBank was fined $2.3M due to fraud charges while raising funds during the ICO. In addition, due to the unfavourable situation in the cryptocurrency market, the mining giant Bitmain is closing its unit in Israel. These are additional factors that will help to ensure that cryptocurrencies will continue to decline in the short term. BTC/USD Forecast and analytics 14 December 2018 As part of the forecast for December 14, we can expect the continuation of the corrective movement in the range of $3,822 - $3,190. The signal area is now very narrow, so let"s mark it with a ... Read more about " Cryptocurrency prices analysis and forecast – 14 December 2018 " on coinatory.com

According to CNBC-TV18, a research group set up by the government of India has concluded that all virtual currencies in the country should be outlawed. The task assigned to the employees of the group by the authorities was to create a bill regulating the circulation of cryptocurrencies. The group, headed by Subhash Chandra Garg, Secretary of the Department of Economics under the Ministry of Finance of India, was established in November of this year. After completing its mission, the group handed the conclusion to Finance Minister Arun Jaitley, who must make a final decision. Members of the group believe that the Reserve Bank of India needs a new law to implement the ban on cryptocurrencies: “The law should prescribe punitive m ... Read more about " India on the verge of total cryptocurrency ban " on coinatory.com

BTC/USD BTC/USD is being traded at $3,540 in the correction. Boring trading against the absence of any significant news for the market continues. The price hasn"t gone far from the minimum values. Judging by the dynamics of the rebound and the activity of market participants over the past 5 days, the pessimistic mood persists in the coin, as in the rest of the market. In general, the technical picture remains unchanged. In the event that prices update at least $3,290, a move to a psychologically important level of $3,000 looks very likely. All that remains for market participants is to prepare for the upcoming holidays and just to wait patiently. BTC/USD Forecast and analytics 13 December 2018 As part of the forecast for ... Read more about " Cryptocurrency prices analysis and forecast – 13 December 2018 " on coinatory.com

The new Bitcoin Cash SV (BSV), which recently emerged as a result of the hardfork of Bitcoin Cash crypto coin, is currently vulnerable to the so-called “double spending” attacks. In the December 8th video, a Vimeo user named Reizu showed that he could use the BSV network and spend coins twice in “zero confirmation transactions”. User spends BSV twice Video on Vimeo shows a significant lack of a new function in BSV - a “transaction with zero confirmation”, which allows you to make transactions almost instantly. In the video, Reizu repeatedly confirms that it can use the BSV network for double spend transactions through the “0-confirmation transaction” function. Craig Wright, a BSV supporter, said that only miners can do what Re ... Read more about " The BSV network is vulnerable to double-spend attacks " on coinatory.com

Although many traders are looking forward to the emergence of ETFs on Bitcoins, some supporters of cryptocurrencies are, at best, indifferent to the prospect of such a tool. The representative of the first group of unconditional Bitcoin-ETF enthusiasts is, for example, entrepreneur Jonathan Hamel, who talks about how approval of Bitcoin-ETF will lead to an “epic” inflow of institutional capital into the ecosystem — that is, the flow of “billions” dollars in the form of new investments. But if you talk with some of the first users of cryptocurrency and the "veterans" of the blockchain technology, you can hear notes of indifference, and even skepticism. So, the founder of the American company Bitcoin Advisory, Pierre Rochard, notes: ... Read more about " It turns out that only traders are waiting Bitcoin-ETF " on coinatory.com

BTC/USD BTC/USD is being traded at $3,427 in the correction. For the last trading day, the technical pattern of the coin has not changed at all. Therefore, today let us summarize the analytical results for the mining industry. Since the beginning of November, the price of Bitcoin has decreased by about 45%. The network"s hashrate lost about 31% during this period. This figure is identical to approximately 1.3M disabled mining devices. This trend has led to a significant reduction in the complexity of Bitcoin mining. For the first time since October 2011, as of December 3 of the current year, the complexity of mining collapsed by 15.13%. All this, together with the general collapse in prices, are an indicator of the critical state of ... Read more about " Cryptocurrency prices analysis and forecast – 12 December 2018 " on coinatory.com

Ryan Taylor said that despite the fall in the cryptocurrency market, his team has sufficient funds to support the solvency of the Dash coin. Thus, the businessman denied rumors about his company"s intention to stop financing Dash projects and fulfilling obligations to the digital asset holders. A statement from Taylor, published on the Dash Core Group blog, states: In short, DCG is not at risk of shutting down anytime soon, or of any significant cuts in staffing levels in the near term. We have a significant buffer in place to withstand the impact of the market bottom, whenever that comes.  According to Taylor, the crypto market was under strong pressure after hardfork in the Bitcoin Cash network, as a result of which ... Read more about " CEO of DCG assured investors of the reliability of Dash " on coinatory.com

The second largest commercial bank in South Korea, Shinhan Bank, has launched a project to introduce the blockchain into its internal processes in order to reduce the human factor leading to errors. The English edition of The Korea Times reported this on December 10. Over the past eighteen months, the bank has sought to integrate both the blockchain and cryptocurrencies and recently a special staff training program aimed at expanding knowledge of the blockchain for various applications has been completed. According to The Korea Times, on November 30, for the first time in South Korea, the bank introduced transactions on interest rate swaps using the blockchain. Now, operations such as maintaining financial statements of the bank ... Read more about " South Korean bank introduces blockchain to get rid of "human error" " on coinatory.com

BTC/USD BTC/USD is being traded at $3,532 in the correction. The $3,800 area became an obstacle to corrective growth. For the past trading day, the price could not overcome this mark. The potential of the current correctional growth has not yet been exhausted. The upper bound for the current correction of $3,900 has not been tested. Therefore, continued growth can still take place. In any case, the current upward wave should be considered solely as a rebound after the previous decline. After some stabilization at current levels, a move to $3,000 looks very likely. The amplitude of the waves is too small to talk about the formation of a pivot point. Therefore, we are likely to see the testing of the $3,000 level, this year or the next ... Read more about " Cryptocurrency prices analysis and forecast – 11 December 2018 " on coinatory.com

According to local media, the Central Bank of Kuwait announced plans to create a national cryptocurrency and payment system. The head of the bank, Dr. Mohammad Y. Al-Hashel, said that in 2019 and 2020, the Kuwaiti National Payment System (KNPS), which is being created in cooperation with banks and payment services, will be deployed in the country. The new system will include a government e-banking service, digital currency and an automated clearing house. According to Al-Hashel, all these initiatives are designed to strengthen stability and improve the efficiency of the financial system, as well as to create the infrastructure necessary to serve the growing economy of the country. For example, a government electronic banking system ... Read more about " Kuwait creates infrastructure for its future national cryptocurrency " on coinatory.com

BTC/USD BTC/USD is being traded at $3,695 and is in corrective growth. The last wave of a fall on Friday provoked the closure of short positions of market participants. On the eve of holidays, many traders expected to decide to withdraw their profits. Therefore, during the weekend, we saw the development of an upward correction. Since this growth is not connected with the arrival of bulls on the market, it is not worth expecting that growth will start from it. Closest support level is around $3,000. By the end of the year, another corrective accumulation will probably be formed. It is possible that it will be wider than the previous ones. Now there are no prerequisites for a reversal of the market trend. Therefore, we are likely to ... Read more about " Cryptocurrency prices analysis and forecast – 10 December 2018 " on coinatory.com

BTC/USD BTC/USD is being traded at $3,695 and is in corrective growth. The last wave of a fall on Friday provoked the closure of short positions of market participants. On the eve of holidays, many traders expected to decide to withdraw their profits. Therefore, during the weekend, we saw the development of an upward correction. Since this growth is not connected with the arrival of bulls on the market, it is not worth expecting that growth will start from it. Closest support level is around $3,000. By the end of the year, another corrective accumulation will probably be formed. It is possible that it will be wider than the previous ones. Now there are no prerequisites for a reversal of the market trend. Therefore, we are likely to ... Read more about " Cryptocurrency prices analysis and forecast – 10 December 2018 " on coinatory.com

BTC/USD BTC/USD is being traded at $3,315 and continues to decline. Over the last trading day, sales were observed in almost all liquid instruments. Quotes of most coins once again updated the lows. Now the capitalization rate is at the level of $108B, which is the minimum value since August 2017. Bitcoin almost without resistance broke through the level of $3,600. The minimum from September 2017 was again updated. Now the closest support is around $3,000. At the weekend, the next correctional accumulation will probably be formed. There are no prerequisites for a reversal of the market trend. Therefore, we are likely to see the testing the level of $3,000. This is a historically significant level. The price is very likely to meet with ... Read more about " Cryptocurrency prices analysis and forecast – 8 December 2018 " on coinatory.com

BTC/USD BTC/USD is being traded at $3,699 and continues to decline. Another reason for the investors" pessimism was the message that the mining giant Bitmain lost over $ 740M due to the support of Bitcoin Cash hard fork. On this background, the lows of the whole fall were slightly updated. Probably in the short term, the cryptocurrency market will continue to fall within the current downtrend. It is also worth noting that in the area of $3,799 - $7,793 there was an accumulation of limit orders for sale. This is slightly below the technical "balance" zone. Remember that is a dynamic zone. Therefore, in case of returning the price to it, the zone will be adjusted to the area where limit orders are now located. Such a coincidence may give ... Read more about " Cryptocurrency prices analysis and forecast – 7 December 2018 " on coinatory.com

Ripple, NEM and Emurgo have established a special organization to lobby the interests of the blockchain industry in the European region. Such functions will be performed by the Blockchain for Europe association, which will protect blockchain startups. The main task of the association will be interaction with European regulators and potential investors interested in financing cryptocurrency projects. In addition, the organization will launch various campaigns in the region to popularize the crypto sphere among European citizens. For these purposes, various events will be held, including forums where the organizers will familiarize Europeans with the potential of cryptocurrencies and distributed registry technology. Until now, in some ... Read more about " Ripple and NEM have created an association to lobby the interests of the blockchain industry in Europe " on coinatory.com

Last year"s rise of Bitcoin stimulated the rapid development of other cryptocurrencies. In the theory of Altcoins should have repeated the success of the main cryptocurrency. But the reality is that most of them today are traded in small volumes and are virtually worthless. The success and anonymity of cryptocurrency have long attracted not the most conscientious people. Cryptomedia is littered with stories about trafficking in illicit goods, theft and fraud. And pump-and-dump schemes have become one of the most common types of fraud in the last year. Quite a little is known about how such schemes are arranged, but this may change thanks to the work of Jiahua Xu and Benjamin Livshits from Imperial College London, writes MIT ... Read more about " Scientists have developed an algorithm that can predict pump-and-dump schemes " on coinatory.com

BTC/USD BTC/USD is being traded at $3,777 as part of a correctional flat. Over the past day, changes in the cryptocurrency market are minor. The last two days there has been a low activity of the participants when moving sideways. Capitalization during this time decreased by 3.9% to $125B. After the entire market has been reduced to levels more than a year ago and on a neutral news background, participants trade in a range. The continuation of the lateral movement in the coming days is still the most likely scenario. As part of the forecast for December 6, we can expect the continuation of the correction within the limits of the trading range of $4,500 - $3,600. The signal area is located at $4,056 - $4,025. This is a dynamic zone ... Read more about " Cryptocurrency prices analysis and forecast – 6 December 2018 " on coinatory.com

The Nasdaq Stock Exchange, which trades shares of high-tech enterprises, officially confirmed the information about the launch of its cryptocurrency platform. Earlier it was reported that the platform will be launched until the middle of next year, investors will be able to perform operations with Bitcoin futures. A top manager of the exchange, Joseph Christinat, who holds the post of vice president of communications, said that as soon as the Commodity Futures Trading Commission (CFTC) issues a permit to the exchange, it will immediately begin work on launching a cryptocurrency trading platform. As the Daily Express publication clarifies, now the leader of the Nasdaq is waiting for the decision of the regulator. Christinat ... Read more about " Nasdaq Exchange officially confirmed the launch of a cryptoplatform in 2019 " on coinatory.com

Last week, the Office of Foreign Assets Control (OFAC), a structure within the US Treasury, added two Bitcoin addresses to the sanctions list (the so-called List of Special Categories and Prohibited Persons). The office announced that these wallets are associated with two citizens of the Islamic Republic of Iran, Ali Khorashadizadeh and Mohammad Ghorbaniyan. These sanctions, the first of its kind, are part of a campaign conducted by the American authorities to monitor and restrict digital activities, including money laundering and cybercrime. In addition, OFAC said it would monitor the exchanges that carried out the transactions of sanctioned persons: “We publish the addresses of digital currencies in order to identify the attackers ... Read more about " US sanctions against Iranian Bitcoin addresses: an important precedent " on coinatory.com

BTC/USD BTC/USD is being traded at $3,984 as the part of a correctional flat. The price is trying to turn the area of $4,000 in support zone once again. We will see what will be the result of this in the nearest future. Nevertheless, until the bottom is broken, it’s too early to talk about the continuation of the bearish trend. The technical forecast remains the same. Now the price has returned to the "balance" zone. Further, the price is likely to fall to the local bottom to $3,700. This area has long been intended to be tested by the price. Probably this mark will attract the price until it will be tested. As part of the forecast for December 5, we can expect the continuation of the correction within the boundaries of the t ... Read more about " Cryptocurrency prices analysis and forecast – 5 December 2018 " on coinatory.com

BTC/USD BTC/USD is being traded at $3,909 and continues to be traded as part of a correctional flat. The last month of the current year has begun. Crypto world expects events from it compared to similar periods of the past. However, the situation is completely different this time. The past years, Bitcoin ended on a wave of interest and a surge in volatility. The year 2019 will begin against the background of the Great Depression and reflections on the utopian idea of the massive use of crypto actives. The exit from the boundaries of the global corridor will show how exactly events will develop in the last weeks of 2018. Unless of course, the coin wants to stay in its cosy flat. Its upper level is $5,500. The lower limit is a local bottom ... Read more about " Cryptocurrency prices analysis and forecast – 4 December 2018 " on coinatory.com

Siemens energy management and supply division has joined the international organization Energy Web Foundation (EWF). This organization is a non-profit alliance that supports the development of blockchain projects in the energy sector. Currently, EWF is the leading alliance in the development of the blockchain in the energy sector. The list of EWF participants is constantly updated with new members, and it already includes corporate companies, technology partners and strategic investors. The organization notes that in the next few years, the energy sector will face many changes in the use of new technologies. According to a press release, Siemens will increase the efficiency of commercial use of blockchain technology in the energy ... Read more about " Siemens entered EWF to implement energy projects on the blockchain " on coinatory.com

The American IT giant Intel has received a patent for the launch of a new cryptocurrency mining technology. The corporation received this patent last Tuesday from the US Patent and Trademark Office. In the explanatory note, it is noted that the new technology is designed to reduce energy consumption for Bitcoin mining. For the first time, the company announced the need to reduce energy costs during mining in March of this year. Then the corresponding application was sent to the Patent and Trademark Office to launch a new product. The company"s specialists suggest using the technology of the SHA-256 algorithm, which is used by the main cryptocurrency, for Bitcoin mining. Miners will receive a reward in the form of charging a ... Read more about " Intel received a patent for the energy-saving bitcoin mining technology " on coinatory.com

BTC/USD BTC/USD is being traded at $4,198 and continues to stay within the correction. In November, the price of the coin fell to a whopping 37%. This was the worst monthly figure since 2011. At the moment, the coin is being traded on solid volumes. This suggests that the market is relatively involved in spot trading. This reduces the likelihood of strong volatility that appears in the case with low volumes. Now market participants are preparing for the beginning of 2019 and are actively gaining positions. The news background promises that the first quarter of 2019 will be exciting. So, in January it is planned to launch the Bakkt trading platform from the Intercontinental Exchange. Bakkt’s bitcoin futures differ from those already e ... Read more about " Cryptocurrency prices analysis and forecast – 3 Deсember 2018 " on coinatory.com

BTC/USD BTC/USD is being traded at $4,075 and continues to be in the correction. The previous impulse was not strong enough to overcome at some significant marks. The price did not find the necessary support at higher levels and went lower. It"s not an option to expect the rapid development of the upward correction anymore. Cryptoinvestors do not see any guarantees of growth and are in no hurry to return deposits from the more promising fiat. Partially the "blame" for this lies on the political situation. Constant tensions, harsh statements, inadequate actions and provocations allowed fiat to increase its volatility. As a result, it has become a more attractive tool for speculation. Assets that were traditionally associated with ... Read more about " Cryptocurrency prices analysis and forecast – 1 December 2018 " on coinatory.com