Well, that was not the greenest day in crypto history, but never give up! Look at the most important news for today🔻
🔹Cryptocurrency Markets are having a tough time, with major losses across most of the top 50 coins to start the day Wednesday, Jan. 10.
- Cryptocurrency Markets are having a tough time, with major losses across most of the top 50 coins to start the day Wednesday, Jan. 10.The total market capitalization of all cryptocurrencies is down from $800 bln on Jan. 7 to around $709 bln Jan. 10.The main exception seems to be Ether (ETH), which is seeing almost 10 percent growth over the past day, selling at an average of $1300 at press time .
- List of Top 5 biggest gainers and biggest losers are bottom on the blog .
🔸Cryptocurrency stock exchange Binance reopened the registration for new users.
- One of the world’s largest cryptocurrency exchanges, Binance has reopened its registration portal and is accepting new users, offering users a potential alternative to the industry-leading Coinbase.Right now , Binance is the largest exchange in the world by volume, with $6.25 billion being traded daily, according to CoinMarketCap. Binance’s huge success in the sector has recently caused it to halt new user registration because of the colossal influx of crypto enthusiasts trying to join.
- And Today Binance hit 5 Million users .
🔹Cryptocurrency wallet MyEtherWallet (MEW) has told that rumors about it being hacked are “FUD” and “a stupid lie.”
- In message today, Jan. 9, the wallet provider categorically denied accusations circling on social media that hackers had gained access to their DNS, creating a phishing scam to gather login data.
- The rumors that MEW had been hacked appeared to stem from developers of altcoin Ethereum Blue (BLUE) on Twitter, who posted a string of warnings about the DNS compromise, along with advice not to use MEW.
- MEW Quoted ,
“MEW is not compromised. They [BLUE] are either maliciously spreading FUD to harm others, maliciously spreading FUD to boost their own coin's price, or just so incompetent and were confused. Regardless, it's a stupid lie.”
🔸The total market capitalization of all cryptocurrencies is down from $800 bln on Jan. 7 to around $709 bln Jan. 10.
- Yes almost 100 bln down. Hope this is temporary .
🔹Ripple's XRP loses half its value in less than a week.
- TOP 5 REASONS WHY RIPPLE’S PRICE IS FALLING *
- There is a big Lawsuit pending against ripple.
- Ripple can manipulate XRP to markets because it is centralized currency ( debateable right ? ) .
- No big players want to invest in it.
- Ripple owns about 60% of all XRP available ( what if they sold some % ).
- XRP’s capitalization is falling rapidly.
🔸Kodak, announced the creation of its own cryptocurrency.
- The so-called KodakCoin will be the token that powers the company’s new KodakOne platform. KodakOne will allow photographers to register their images, license them and search the web for unauthorized usage.
- Kodak CEO Jeff Clarke said in a press statement, “For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords, but for photographers who’ve long struggled to assert control over their work and how it’s used, these buzzwords are the keys to solving what felt like an unsolvable problem.”
🔹Highly popular cryptocurrency price tracker CoinMarketCap removed several South Korean exchanges from its listings.
- The exchanges remove include Bithumb, the world’s second largest exchange in terms of trading volume, along with Coinone and Korbit.
- CoinMarketCap, which uses data from multiple major global exchanges to produce averaged prices for cryptocurrencies, tweeted Monday about their decision to remove the exchanges, saying that it was due to “the extreme divergence in prices from the rest of the world and limited arbitrage opportunity.”
- Cryptocoinmarket tweeted ,
" This morning we excluded some Korean exchanges in price calculations due to the extreme divergence in prices from the rest of the world and limited arbitrage opportunity. We are working on better tools to provide users with the averages that are most relevant to them.
🔸North Korea could be using Monero to combat money woes.
- A security firm has found evidence that North Korea may be using mining software to obtain Monero and transfer it to a Pyongyang university.
As we promised here are the list of top 5 biggest gainer and losers with minimum 1M volume in 24 hours.
Biggest Gainers
- RussiaCoin - RC
- 1470.13 %
2 . VIBE - VIBE
- 415.26%
3 . Protean - PRN
- 211.93%
4 . Vericoin - VRC
- 91%
5 . ProCurrency - PROC
- 62.48%
Biggers Losers
- Infinitecoin - IFC
- -74.19%
2 . Rimbit - RBT
- -47.55%
3 . LIFE - LIFE
- -46.04%
4 . DFSCoin - DFS
- -45.69%
5 . SHIELD - XSH
- -32.38%
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