📰 23/6/2018 Crypto market may drop to 10% and more, Bitmain nears 51% of BTC, Coinbase can be accused by SEC, exchanges/listing/ico: news by ICO Telegraph
🕑 These news can save your time: no more than 5 min of reading
What did we collect for you today:
- Losses of the cryptocurrency market on this day: $13 Billion are ‘gone’ from crypto network;
- Bitmain will reach more than half of the BTC/BCH network resources soon: already is 42%;
- Coinbase could steal thousands of dollars and various crypto assets from exchange’s users;
- Listing/ICO news: new tokens, projects;
- And more information we want to share with you.
📌 Up to -9% of market capitalization: losses of the cryptocurrency market on this day (source)
In general, cryptocurrency market has significantly decreased in the last 24 hours. Some currencies have reached a minimum of the previous months. "Nobody was left without a gift": the decline is shown in most categories. Bitcoin, the capital-forming currency, fell to $5938, updating the registered minimum of this year. Almost 9% (or more) fall has crushed EOS ($8,29 at this moment). The trend also affected small assets, leaving them without the right to rollback.
At the moment of writing, taking into account the reference periods, we can’t see so many names in the green zone. What are the reasons to fall like this? First, it is a reaction to the Bithumb exchange’s hack, the continuing history of the regulation of the crypto, and, as something more, inert model of investor behavior - all this can have a “share” in market’s fall.
It is likely, without serious positive news, most currencies can reach forgotten minimum levels. First of all, Bitcoin will come down. This is will be a time to choose for the investors - an absolute rejection of funds, or full faith in the resumption of rising. We recommend you to attention to various sources [of information], without wasting time on manipulative opinions.
Tags: #crypto #market #Bitcoin #cryptocurrencies #global
Who can be interested: all investors
📌 Bitmain Nears 51% of Bitcoin’s Network Hashrate
As we know, the distribution of the economic market can’t be fully described by normal distribution. Sooner or later, we notice consolidating, or dominant structures. Bitmain, asic mining giant, is a constantly pushes the market and increases its results. Miners get about 42% of the network hashrate for the last 7 days: calculations include Antpool stats (14.6%), and BTC.com (27.2). And these two are owned by Bitmain!
Of course, BCH and BTC have the same algorithm, without going into details. The distribution of mining can also greatly affect the Bitcoin’s network. Experience with the BCH (Bitcoin Cash) network is already known to us - there is also absorption of shares by major miners.
Individuals therefore, if they do get any closer to 51%, would do well to wait for more than six confirmations where significant amounts are concerned.
Quote: source.
Unregulated mining can bring down the market. Prices can also be re-allocated - it is important to watch this process, however, more analytically understandable data is needed.
Tags: #Bitmain #mining #crypto #Bitcoin
Who can be interested: all investors/market researchers
📌Daily ICO vision: what ICO starts/ends now
What sales and new projects are waiting for you? Find projects that were interesting for you before, or subscribe to new
📕 ENDS
- Atomic Network Token Crowdsale [Entertainment], BlockGrain [Agricultural], CryptoHunters [Finance/Banking], fynance Token [Insurance], Greenish Coin [Cryptocurrency] , SelfPay [Cryptocurrency], The Acorn Collective [Crowdfunding], WiN [Business] will end on June 24, 2018.
📗 STARTS
- ROMAD Defence Token [Software], TIM [blockchain network] will start on June 24, 2018.
↪️ Others is now verified as TBD
We do not guarantee the trust level of ICOs, but we’ll tell you about the projects that have reached the stage of sale.
💰Market Cap: $255 871 973 048
💵24h Vol: $13 887 021 688
📊 Prices TOP 23.06.2018
↗️↘️Bitcoin: $6 130,97
↗️↘️ETH: $471,82
↗️↘️XRP: $0,486760
↗️↘️BCH: $755,02
↗️↘️EOS: $8,33
↗️↘️LTC: $82,71
↗️↘️XLM: $0,199502
↗️↘️ADA: $0,135945
↗️↘️TRX: $0,043733
↗️↘️IOTA: $1,00
♻️Exchanges
📌 Ethereum Classic [ETC] is now on Novaexchange and CoinBene + new tokens (source)
Novaexchnage also is going to add such currencies as Ethereum [ETH], BitcoinCash [BCH] and Dash [DASH], so, they did not do this before. Starting its way from 2016, with a small number of pairs, this exchange decided to expand its list of coins. This is an organization from Sweden, which offers limited options for exchange users, however, Novaexchange still has a stable pool of users.
Coinbene is also about to add ETC on its platform. Now, users from Hong Kong, India, Brazil and South Asia can exchange ETC within the presented pairs, which will also simplify their activity. It seems that Ethereum Classic ETC/USDT still causes serious interest for crypto community.
Tags: #ETC #CoinBene #Novaexchange #exchanges #listing
Who can be interested: currency holders
📌 ‘134 pages of user complaints:’ Coinbase is accused of bad service and even crime (source)
An increasing market tension can also be associated with general trends on crypto exchanges. It is very important for people how well their problems are solved. We also know that users tend to abandon purchases if decisions are not applied right in time. We do not analyses the activities of Coinbase, or other exchanges, and also assume shadow market trends, when the company is because of market, regulatory or other manipulations. Maybe true, maybe not – but the problems exist. Now we are only talking about official statements.
SEC (Securities and Exchange Commission) has received a large protocol about bad service of Coinbase exchange. Critical Complaints imply that funds may be stolen by the exchange or being locked out of user accounts. That also can be regarded as sufficient reason for the investigation (by SEC or other regulators). This is a big minus for market that some users will have to "run around" with funds from one exchange to another, given that this reduces competition and increases negative sentiment.
Tags: #Coinbase #market #SEC #trend #global
Who can be interested: all investors and Coinbase users
📌 Listing updates – new projects, tokens and more
- Komodo atomic Swap in details. Learn about the safe transfer of tokens.
- HitBTC support is now available- exchange operates in standard mode
- CNBC can close their crypto column soon: pretty sad context.
💱 Exchanges details
Binance $1.36B -> 17.71%
OKEx $1.05B -> 13.68%
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Full translate (Русский): (@icotelegraph_RU) (golos.io)
Where are you getting your data regarding coinbase. Are you recommending that any of her on here actually delete our accounts from there? I was thinking of switching to binance anyway, maybe this might be a good chance to do so. Who knows.
Posted using Partiko Android
I'm sorry for my long answer. We read multiple situations about problems with Coinbase. For example:
One
Two
Three
And even bloomberg has some bad news about this exchange.
And I personally prefer Binance because they stay in offshore zone and has much risk associated with regulation.
Only problem with Binance is the lack of ability to exchange for cash. That's one of the things that I can do with coinbase, at least. I haven't had any problems with it, but I intend to register for binance as well, so it will be interesting striking a balance between the two.
Posted using Partiko Android
There are also some exchanges that you can deposit and withdraw from cards. CEX.io for example. It does the job too. It withdraws to the MC instantly, to the Visa 2-3 days.
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