While some think that Bitcoin will experience a long period of correction at a low position, JIANG Zhuoer, the CEO of BTC.TOP, believes that a v-pattern is completely normal if a bull market similar to the one in 2013 or 2016-2017 comes after the Bitcoin halving.
“There appeared a v-pattern reversal between the smaller bull market in the first half of 2013 and the bigger bull market in the second half of the year, leaving investors limited time to buy at the bottom,” he added.

Strange network activities behind Litecoin’s active addresses have been found recently, as per a blog post by Franklyn Richards, a director at the Litecoin Foundation.
“On average, the network typically sees around 40,000 active addresses per day. However according to data from bitinfocharts, every seven days this value is spiking to over 70,000 before abruptly dropping back down. This has resulted in an almost sawtooth like pattern that’s pretty evident given a cursory glance,” he said.
According to Richards, this behavior started on the 20th of August 2019. Previously, a very noticeable dust attack occurred on the 10th of August 2019, and this could be a continuation of that attack.

The Republic of Rwanda has allocated part of the next financial year’s budget to the information and communication technology (ICT) department to develop and support blockchain projects.
This mega effort has been put in the “Emerging Technology Policy and Strategy” under the country’s Ministry of Information and Communication Tech and Innovation. The plan has been designed as a great leverage to the groundbreaking industrial revolution techs like big data, robotics, cryptocurrency, artificial intelligence (AI), DLT and blockchain, etc.

At present, ATOM is trading at 4.623 USDT on Binance. As previously reported, the Cosmos (ATOM) network completed the hardfork on Dec 11 successfully.
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As of 11:00 (UTC) on Dec 15, the global price index of Bitcoin (BTC) has been fluctuating around the $7,100 level. At present, the coin marks $7,114.48 with a decrease of 1.17% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is “Sell” with 11 indicators sending out selling signals, five showing neutral signals, and two indicating buying signals.
The broad market is still bearish, with 18 out of Top 100 cryptos by market cap rising.
The global market cap reads $194.82 billion, and the 24-hour trading volume is $62.48 billion.
Major Coins
1. BTC quotes show $7,102.13 on Binance, $7,127.30 on Bitfinex, and $7,091.99 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $143.48 (-0.03%); XRP marks $0.2187 (-0.08%); BCH marks $207.85 (-0.96%); LTC marks $43.98 (-0.19%); EOS marks $2.59 (-0.76%); ETC marks $3.83 (+0.04%).
Top 3 Gainers and Losers in Cryptocurrencies
1. Top 3 gainers among Top 100 cryptocurrencies by market cap: WAVES (+11.63%), ATOM (+10.53%), and ZEN (+8.47%);
2. Top 3 losers among Top 100 cryptocurrencies by market cap: BRC (-13.59%), FUN (-11.73%), and BRD (-9.15%).
Top 3 Gainers and Losers in Categories
1. Top 3 gainers among 24 categories: Block Service (+17.09%), Smart Economy (+2.28%), and Anonymous Currency (+1.63%);
2. Top 3 losers among 24 categories: Wallet Service (-4.88%), Content Copyright (-3.71%), and Authentication (-2.92%).
Cap Flows of Coins/Exchanges
1. Top 3 capital inflows within the last 24 hours: ZB (+$54.74 mln), WET (+$40.43 mln), and TRX (+$29.03 mln);
2. Top 3 capital outflows within the last 24 hours: XRP (-$38.47 mln), LTC (-$33.18 mln), and POWR (-$29.30 mln);
3. Net inflows/outflows of exchanges: Binance (-$20.75 mln), Bitfinex (-$5.60 mln), and Coinbase Pro (+$2.94 mln).

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Nor Aldeen, a 16-year-old Syrian refugee in Iraq’s Arbat refugee camp, is teaching other people in the camp about cryptocurrency.
“I want to solve a problem in my community. We have a lot of problems, like corruption,” Aldeen said.
Since he still has family left behind in Damascus, he’s particularly fond of the idea that they could all earn and send money among their dispersed social networks, regardless of the borders that have increasingly failed them in recent years.
Aldeen owns a small amount of Ether, which he earned through a local education program run by the nonprofit Hello Future.
Click ‘Read More’ to learn more about Aldeen’s story.

Monitored by CoinNess, from 00:00 to 10:00 (UTC) on Dec 15, BTC registered a net inflow of $34.69 million in the past 10 hours.
1. The Top 3 net cap inflows in the crypto market are: BTC (+$34.69 mln), FCT (+$30.86 mln), ETH (+$6.22 mln);
2. The Top 3 net cap outflows in the crypto market are: XRP (-$29.98 mln), USDT (-$3.51 mln), QTUM (-$956.16 k).
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Multi-geth has released the client version 1.9.6 that enables Constantinople and Petersburg (Agharta) hardfork on Ethereum Classic.
As previously reported, the Agharta hardfork is estimated to take place at block height 9573000 on Jan 15, 2020.

This week's Bakkt Bitcoin Monthly Futures saw a total volume of $75 million, down by 8% compared with last week, and $5.8 million worth of maximum open interest, with a decrease of 11%.

Fidelity Digital Assets’ president, Tom Jessop, said in a recent podcast that they have been doing a lot of work on Ethereum, and, being led by their clients’ demands, intended to support it into the new year. Further, Jessop said that Fidelity was in talks with a lot of traditional institutions, using Bitcoin as a gateway product because it has the longest track record and the most observable data.

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Coinness Market Index shows that BTC Dropped by 1.09% within 5 minutes. BTC currently marks $7061.34 on Binance.
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Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in the country will be discussed.

The latest data from Coin ATM Radar, a leading authority that tracks crypto ATM locations, shows as of Dec 15, crypto ATMs in 75 countries in the world have reached 6,297, with 561 operators and 42 producers.

Citing data from Etherscan.io, as of 06:14 UTC on Dec 15, the Ethereum network sees 34,791 pending transactions, meaning the network is congested.
CoinNess Market Index: ETH, $141.35.

Citing statistics from alternative.me, the Fear & Greed Index currently reads 21, six units fewer than yesterday’s, indicating the crypto market is still in fear with “Extreme Fear” status.
As per the index, a value of 0 means “Extreme Fear” while a value of 100 represents “Extreme Greed.”

Public information from the People’s Procuratorate of Nanshan district in Shenzhen shows that the authority has approved the arrest of a man whose last name is ‘YANG’ and whose first name has a ‘xing’ on suspicion of duty encroachment. A we-media account points out that the man is MicroBT CEO YANG Zuoxing. Further, it also says that YANG’s case may proceed to the prosecution stage in two months or be dismissed by the authority for reinvestigation.

Speaking at ELEV8CON in Las Vegas on Dec 10, Celsius CEO Mashinsky said that a project like EOS Voice, which uses blockchain technology to record the inner operations of its network, will be one of the first decentralized applications to bring trust to the internet. Yet while platforms like EOS Voice are being brought to market, Mashinsky pointed out that gaining user traction remains a challenge. “Platforms designed to protect us and act in our best interest already exist. We are just waiting for 7 billion people to discover them. When they do, the entire internet will become an application on the blockchain,” said Mashinsky.

According to an official announcement of the MXC trading platform, the perpetual contract feature is now available on the latest version of MXC App. It initially supports BTC, ETH and EOS against USDT pairs. This upgrade has greatly improved the trading depth and user experience. All users can upgrade to the latest version and experience the new feature. As of now, MXC App supports features of spot trading, OTC, margin trading and futures. 
Click “Read More”  to download the MXC App.

As of 03:00 (UTC) on Dec 15, the global price index of Bitcoin (BTC) has been trading around the $7,100 level. At present, the coin marks $7,118.22 with a decrease of 2.09% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is “Strong Sell” with 14 indicators sending out selling signals, two showing neutral signals, and two indicating buying signals.
The broad market remains downward momentum, with seven out of Top 100 cryptos by market cap rising.
The global market cap reads $193.71 billion, and the 24-hour trading volume is $58.01 billion.
Major Coins
1. BTC quotes show $7,056.73 on Binance, $7,089.80 on Bitfinex, and $7,051.11 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $141.33 (-2.39%); XRP marks $0.2163 (-1.81%); BCH marks $206.33 (-2.65%); LTC marks $43.40 (-2.30%); EOS marks $2.57 (-2.39%); ETC marks $3.80 (-1.57%).
Top 3 Gainers and Losers in Cryptocurrencies
1. Top 3 gainers among Top 100 cryptocurrencies by market cap: ZEN (+7.94%), ATOM (+6.74%), and WAVES (+6.14%);
2. Top 3 losers among Top 100 cryptocurrencies by market cap: RLC (-13.54%), FUN (-12.40%), and KNC (-10.84%).
Top 3 Gainers and Losers in Categories
1. Only 1 gainer among 24 categories: Block Service (+1.75%);
2. Top 3 losers among 24 categories: Data Service (-7.70%), Sharing Economy (-6.84%), and Cross-Chain Technology (-6.25%).
Cap Flows of Coins/Exchanges
1. Top 3 capital inflows within the last 24 hours: ZB (+$62.18 mln), WET (+$42.42 mln), and NODE (+$29.17 mln);
2. Top 3 capital outflows within the last 24 hours: ETH (-$54.04 mln), XRP (-$44.20 mln), and LTC (-$36.08 mln);
3. Net inflows/outflows of exchanges: Binance (-$30.49 mln), Bitfinex (-$11.98 mln), and Coinbase Pro (+$531.03 k).

Boboo Exchange will open trading for the FN/USDT trading pair and start the FN withdrawal service at 15:00 on Dec 16 (UTC+8). Boboo Exchange will open the deposit of FN at 15:00 on Dec 15 (UTC+8).
Filenet (FN) is the world’s first public chain of distributed storage application which has launched the mainnet, and is also the world’s first public chain of distributed storage application using DPoS + PoC consensus mechanism. Filenet is dedicated to storing and distributing valuable content, rewarding miners in the form of mining to contribute idle bandwidth and storage.

Citing the official announcement, crypto exchange Boboo has seen its hashrate reach 596192.33 from 00:00, Dec 14 to 00:00, Dec 15 (UTC), with a reward of 413 USDT and 1 ETH shared by miners.
Boboo is the world’s first “PoB (Proof of Behavior)” trading platform. Users can obtain hashrate through their behaviors and share the platform’s 100% profit. Boboo also gives away 1 ETH per day.
Register now to get hashrate.
Any cheating behavior is forbidden. Those in violation of rules will be punished by wiping out all their hashrate.
Click ‘Register Now’ to obtain hashrate.

Venezuelan President Nicolás Maduro announced in a televised national broadcast that his government is prepared to give away a one-time benefit of 0.5 petro (roughly $30 USD, or five times the monthly minimum wage) to all retirees, pensioners, public sector workers, military personnel, and other eligible citizens of the country.
The benefit comes with one condition: recipients must first download and register an account with the country’s newly released Petro App, before they can receive their petros next week (Dec 16-Dec 22).
The Petro App is the nation’s official petro wallet that allows Venezuelans to buy and exchange petros for Bitcoin, Ethereum and Litecoin. It is the only petro wallet currently available, so every transaction using the digital currency must be made through this platform.

Monitored by CoinNess.com, from 00:00 to 02:00 (UTC) on Dec 15, XRP registered a net outflow of $40.15 million in the past two hours.
1. The Top 3 net cap inflows in the crypto market are: PLC (+$5.18 mln), OKB (+$614.75 k), and TRUE (+$198.67 k);
2. The Top 3 net cap outflows in the crypto market are: XRP (-$40.15 mln), ETH (-$4.31 mln), and QTUM (-$1.09 mln).
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Monitored by CoinNess.com, as of 01:00, December 15 (UTC), 1) the number of Bitcoin active addresses is on a day-to-day decrease of 10.23%, marking 551,800.
2) The number of Bitcoin on-chain transactions is 293,300 with a day-to-day decrease of 9.11%.
3) The number of BTC whale transfers (over 100 BTC each) is 309 with a day-to-day decrease of 29.45%.
4) Active addresses on Ethereum report 298,400 with a day-to-day decrease of 14.63%.
Note: On-chain transactions and active addresses of a cryptocurrency have a positive correlation with its price.

Market trends of blockchain and cryptocurrency are examined to make predictions. CoinNess.com will study market trends-related consumer behavior, employment, blockchain tech advancements, new product development, competition, government norms and other factors that impact the bull and bear of blockchain and crypto industry.
CoinNess.com Market Index:
EOS, $2.57;
LSK, $0.59.
Bull:
1) EOS
Crypto.com Integrates EOS Into Several Of Its Flagship Services
Crypto.com now supports EOS MCO Visa Card, which gives consumers the much-needed freedom to spend digital assets in everyday life. The card can be used at any shop, restaurant, hotel or business that accepts Visa worldwide, unlocking access to 50 million possibilities.
Bear:
1) LSK
Blockchain Project Lisk’s Lightcurve Unit Laid Off 21 Employees
According to Lisk’s Co-founder Max Kordek, Lisk’s Lightcurve unit laid off 21 of its 53 employees and terminated the contracts of three employees who were yet to join.

Sandeep Nailwal, Co-founder and COO at Matic Network, when asked what his take on Bitcoin’s lightning network was, said, “The lightning network, by design itself is very difficult to succeed. It is a system of smart contracts that facilitates fast, cheap payments directly between two parties. For this to be successful, it requires a lot of people to be working together.”

1. U.S. tariffs on Chinese goods slated to take effect Dec 15 will not take effect;
2. FMex will adjust the contract fee at 16:00 UTC;
3. The Stellar Development Foundation and Keybase will stop the two billion XLM airdrop event in December, with the final 100 million Lumens to be distributed starting from Dec 15;
4. Decentralized cryptocurrency exchange CryptoBridge is shutting down due to market conditions and will terminate all services and servers after 23:59.
Note: To learn incoming Big Events a step faster, upgrade your App to v2.3.1 and click “News” - “Calendar” to explore our brandnew feature.

[Cryptocurrency]
1. Max Kordek, Co-founder of Lisk, reveals that, at Lightcurve, they laid off 21 employees and terminated the contracts of three employees who were yet to join.
[Others]
1. Report shows that around 119 addresses in the industry hold 64 percent of the total Tether in circulation;
2. China Mobile urges users to be vigilant against illegal fundraising activities under the cover of blockchain technology;
3. ByteDance Inc., the owner of TikTok, started a joint venture with a state-owned Chinese media group to develop business lines, including artificial intelligence and blockchain.