🗞 Daily Crypto News, February, 2nd💰

• Bitcoin Is Now Officially In Its Longest Bear Market Ever ;
• Ethereum 2.0 Pre-Release Kicks Off ‘Relatively Feature Complete’ ;
• Markets Update: Most Cryptos Consolidating ;
• Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds ;
• Smart Contract Auditor Lets Go 80% of Staff in Crypto Winter Cutbacks ;
• 📑 Daily Crypto Calendar, February, 2nd 💰
• STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Bitcoin Is Now Officially In Its Longest Bear Market Ever

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

Bitcoin’s Historical Price Declines

🗞 Ethereum 2.0 Pre-Release Kicks Off ‘Relatively Feature Complete’

Ethereum (ETH) has launched its first pre-release for phase zero of the network’s evolving transition to Ethereum 2.0, according to new post published to Ethereum’s github on Jan. 31.

The post notes that “this marks the first release in a series of weekly releases through February 2019. Phase 0 in v0.1 is relatively feature complete and approaching stable.”

Ethereum 2.0, also known as Serenity, is planned to be the system’s final upgrade, as the entire network transitions from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus algorithm, and tackles fundamental questions such as scalability, economic finality and security.

🗞 Markets Update: Most Cryptos Consolidating

The cryptocurrency meta-trend has seen most leading markets continue to grind sideways at key support zones, though there has been a slight bounce in the last few hours. Among the weakest performing major markets in recent days are tron (TRX), which has broken a critical ascending trendline following the bittorrent token (BTT) airdrop, and nem (XEM) which has experienced heavy selling pressure following reports that the NEM Foundation is attempting to raise $7.5 million to stay operational.

BTC Consolidates Near $3,500 Area

XRP Capitalization Retains Slight Lead Over ETH

🗞 Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds

At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000.

The number of bitcoin ATMs around the world has doubled in a year, increasing at an average rate of six per day to reach almost 4,300 devices, according to the latest data provided by Coinatmradar. The majority of these crypto teller machines are located in North America and Europe.

🗞 Smart Contract Auditor Lets Go 80% of Staff in Crypto Winter Cutbacks

Hosho was founded under the premise it could safely sell smart contract shovels in a tokenized gold rush – in fact, the company’s name itself means “security” in Japanese,

“We thought we were going to go to the moon and audit lots of ICOs,” Hartej Sawhney, co-founder and president of the company told CoinDesk in a phone call.

Founded in July 2017 and headquartered in Las Vegas, Hosho rode the wave of token sales, expanding quickly and building its brand with a high-profile conference. But by that point, crypto winter had already begun to hit, with prices across major cryptocurrencies dropping, in some cases, 90 percent from their 2017 values.

📑 Daily Crypto Calendar, February, 2nd 💰

• Waves (WAVES)

"Ride update public roadmap. #dapps on Waves are coming..."
"Very big client and Keeper update, smart assets trading and more."

• WePower (WPR)

Live AMA in Los Angeles from 23:00-00:00 (UTC+01).

• Voise (VOISE)

Release of the official Voise Android Beta app through Telegram channel.

• WAX (WAX)

"DEW is the must attend B2B event and marketplace for global media and technology executives to evaluate the digital media landscape."

• Pylon Network (PYLNT)

Updated whitepaper and token paper released.

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

So yesterday, we were staying not so far fromthe resistance line that we broke some days ago but now it looks like that the market was go in the direction of the next objective, the support line around 0.23$. I'm afraid that we will go test quiet soon that low on the STEEM. Let's hope at least that we won't break that low or we won't stop to suffer on the STEEM.

Last Updates

• 🗞 Daily Crypto News, February, 1st💰
• 🗞 Daily Crypto News, January, 31st💰
• 🗞 Daily Crypto News, January, 30th💰
• 🗞 Daily Crypto News, January, 29th💰
• 🗞 Daily Crypto News, January, 28th💰

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