🗞 Daily Crypto News, December, 20th💰

in #cryptopcurrency6 years ago

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

🗞 Steemit Statistics & Big Data: 🚀 End of November 2018 Update 🚀

We reached 13.26 mn visits in November!

There is an important difference between total visitors to a site and unique ones. In this case the 13.26mn include the multiple times a person visited the website.

Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.

Therefore, how many "unique users" does Steemit has?

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Many more graphs and interesting datas over there: https://steemit.com/steemit/@vlemon/steemit-statistics-and-big-data-end-of-november-2018-update

🗞 Bitcoin’s Path to $5K Faces a Major Hurdle

Bitcoin’s ongoing recovery rally faces a major obstacle that could impede progress towards $5,000, according to the technical charts.

The leading cryptocurrency by market capitalization jumped to a two-week high of $4,108 earlier today, validating the short-term bearish-to-bullish trend change confirmed earlier this week.

Notably, the break above the psychological hurdle of $4,000 looks sustainable, as 24-hour trading volume has jumped to one-month highs above $8 billion.

🗞 Hash Wars: BCH Proponents Face a New Dawn in the Battle’s Aftermath

It’s been a little over a month since the Bitcoin Cash (BCH) network fork which resulted in a blockchain split. Besides the severed chain, the hash war was quite damaging to say the least, leaving BCH supporters to steadily pick up the pieces in order to bring the world a pure peer-to-peer version of electronic cash.

🗞 Coinbase Just Moved $5 Billion in Crypto to Prepare for Token Expansion

Coinbase is moving to significantly expand the number of digital assets listed on its platform – a process that has led to a radical rethinking of how the startup safeguards billions of dollars worth of cryptocurrencies.

To this end, Coinbase moved retail traders’ crypto assets – worth some $5 billion – into its upgraded storage model last week. According to the company, that migration included 5 percent of all bitcoin, 8 percent of all ethereum, and 25 percent of all the litecoin in circulation, respectively.

“Regulators and auditors were involved at every stage… One of the biggest things we were worried about is that we don’t move the market with this event, which is why we went to such lengths to coordinate with regulators and manage media speculation around the movements.”

With 90 Percent of Monero Mined, Attention Turns to ‘Tail Emission’ From 2022

Miners have now extracted 90 percent of privacy-focused cryptocurrency Monero (XMR) and will net the remainder by May 2022, data from monitoring resource Monero Blocks confirmed Dec. 20.

Monero — whose developers place anonymity and untethered usage of coins as a priorities — will have an ultimate supply of 18.4 million XMR.

So far, a total of 16,659,407 XMR is available.

“Because of the dynamic blocksize, competition between miners will cause fees to decrease. If mining is not profitable due to a high cost and low reward, miners lose their incentive and will stop mining, reducing the security of the network. Tail emission ensures that a dynamic block size and fee market can develop.”

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📑 Daily Crypto Calendar, December, 20th💰

  • AdCoin (ACC)

AdCoin will switch its algorithm to Proof-of-stake with masternodes on December 20th.

  • Herbalist Token (HERB)

"Herbalist partners with one of the biggest shipment company in the world!"

  • TrueDeck (TDP)

Testnet v2.0 'Everest'

  • GoHelpFund (HELP)

Final phase of the token burn.

  • MediBloc [ERC20] (MEDX)

"On December 20, 2018, we will release MediBloc's mainnet code and it will be up and running in 9 days!"

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

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The STEEM is still progressing in the direction of the major resistance line around 0.31$. The Up on the BTC is the welcome as it is helping us heavly to try to reach that level, even we are still far. I think that we will have soon a consolidation but if we are able to stay upper than the resistance line in red, the UP trend should continue.

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