As of 11:00 (UTC) on December 10, the price of Bitcoin (BTC) is walking slightly above the $3,500 USDT trendline on Binance, however, risks losing ground. The broad market takes on the dormant performances of Bitcoin, seeing less excitement of change on the chart since last reporting by CoinNess.com. Currently, there are 71 cryptos out of Top 100 by market cap climbing up. The global market cap marks $113.02 billion, while the 24-hour trading volume is $14.19 billion. Major Coins 1. BTC quotes show $3,510.91 USDT on Binance, $3,595.20 on Bitfinex and $3,489.98 on Coinbase Pro; 2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $93.46 (+ 1.53%); BCH marks $107.56 (- 0.31%); ETC marks $3.92 (- 0.69%); LTC marks $25.25 (- 1.59%); XRP marks $0.308 (+ 0.46%). Top 3 Gainers and Losers in Cryptocurrencies 1. Top 3 gainers among Top 100 cryptocurrencies by market cap: REP (+ 99.37%), EOS (+ 13.73%), PAI (+ 11.07%); 2. Top 3 losers among Top 100 cryptocurrencies by market cap: MGO (- 6.78%), XTZ (- 5.84%), POWR (- 4.71%). Top 3 Gainers and Losers in Categories 1. Top 3 gainers among 52 categories: Credit Investigation (+ 28.52%), Sports (+ 6.58%), Market Prediction (+ 4.45%); 2. Top 3 losers among 52 categories: Crowdfunding (- 19.37%), Vote Election (- 12.82%), Advertising Concept (- 7.35%). Cap Flows of Coins/Exchanges 1. Top 3 capital inflows within the last 24 hours: LTC (+ $193 mln), DASH (+ $178 mln), BTG (+ $141 mln); 2. Top 3 capital outflows within the last 24 hours: EOS (- $51.69 mln), ETH (- $45.38 mln), GNT (- $13.00 mln); 3. Net inflows/outflows of exchanges: Binance (- $3.18 mln), Bitfinex (- $8.57 mln) and Coinbase Pro (- $5.26 mln).

According to CoinGeek, Israeli news outlet Globes reported on Monday, Dec 10th, that Bitmain's development center in Ra'anana "will close this week," leaving all its 23 staff members without a job. Gadi Glikberg, who served as Bitmain's vice president for international sales and marketing, has also been fired, according to the report.

OKEx has temporarily suspended the deposit and withdrawal of BTM at 09:00 (UTC) on Dec 10th because of the upgrade.

In a growingly enthusiastic environment for the daily application of blockchain tech, the authorities tend to remain a calm mind, especially in a country like China where the policymakers worship "prudence". The PLA Daily, the official newspaper of the Chinese People's Liberation Army, features a story today, on Dec 10th, and combs through the three major pain points for blockchain technology to be applied to key sectors, such as the national defense. First and foremost, the storage system of data running on the blockchain causes massive consumption of resources. The blockchain network operates in an ineffective way, since a slight change requires the entire chain to update. Lastly, the consensus algorithm leaves gateways to security breach, which is a dead spot for national security. The article points out the blockchains built for the national defense will be insignificant to the most popular cryptocurrencies, in terms of the scale, and this constitutes vulnerabilities by potential 51% attacks on the military infrastructure. All in all, the author concludes that as a cutting-edge new tech, its pros and cons must be put under thorough consideration to better serve the key fields of China.

Crypto exchange BKEX has enabled deposits of TurkeyChain (TKC) at 07:00 (UTC) on Dec 10, and will start the trading of TKC/USDT at 03:00 on Dec 11.

Barclaycard, a credit card and payment services provider and a division of Barclays, has announced its plans to explore the benefits of "self-sovereign identity" (SSI). Self-sovereign identity is the concept to enable people, organizations, and things to securely and privately store and control their own identity data, allowing them to share verifiable proof of who they are. It could replace usernames and passwords, and even form-filling. Barclaycard Payment Solutions (BPS) Innovation team is joining blockchain startup Evernym in the latter's 12-month Accelerator program.

Truck and transport insurer National Transport Insurance (NTI) has announced it is participating in a blockchain trial which it says aims to boost food safety, improve animal welfare, and monitor export security for Australian beef. BeefLedger, an Australian integrated provenance, blockchain security and payments platform, will deploy a pilot initiative this month that tracks the paddock-to-plate journey of premium Australian beef abroad.

Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, said that the Russian parliament plans to adopt bills on digital assets by the end of the year. However, he did not specify which particular projects are being discussed. At press time, the State Duma is considering from three to nine bills regulating the blockchain industry in one way or another.

Citing statistics from alternative.me, Fear & Greed Index currently reads 19, five units higher than the previous day, which speaks possibilities of a backwards step taken by the bears. As per the index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed."

CoinDesk has just published Q3 2018 State of Blockchain report that summarizes key trends, data and events in Q3 2018. The cryptocurrency market has diminished throughout the year, with some brief spurts of growth in February at 14%, April at 62% and July at 8%. The past three months saw the market shrink from $262 billion in July to $230 billion in August and settling at $215 billion in September. The cryptocurrency market hasn't had a positive quarter since the Q4 2017 rally where it hit $609 billion. Q3 2018 saw the market decrease by 12% resulting in a market cap of $215 billion capital. BTC July saw an impressive 22% increase in market capital growth. Although, August was down 9% and September similarly down 6%. While tepid, Bitcoin had its first positve quater, after two consecutive negative ones. Bitcoin grew by 4% in Q3, while Q1 and Q2 of this year has dropped by 50% and 8% respectively. BTC's transaction volume diminished from a high of $517 billion to a low of $117 billion YTD. ETH in general trend has been negative for Ethereum market capital, although April saw a 70% increase. During Q3, its market cap couldn't break out of negative territory. It almost came up for air with a 4% decline in July, but suck to -34% and -18% for the following months. Click "Read More" for full report.

Announced on December 7, the Marui group announced the business alliance with Minna Power Co., which utilize the supply of renewable energy using blockchain. The company aims to expand the store that introduces renewable energy to achieve the goal of "RE 100" "RE 100" is an international initiative announcing the goal of raising 100% of electricity used in business activities from renewable energy. (by year 2050)

Shinhan Bank has announced a project on December 10 to apply the blockchain technology to improve the efficiency and safety of entire banking business.

Coinness Market Index shows that BTC dropped by 1.17% within 5 minutes. BTC currently marks $3497.79 on Binance.

Stasis, a Malta-based issuer of stablecoins, has hired accounting firm BDO Malta to conduct quarterly and annual audits of its financials, including the euro reserves backing the startup's EURS token. The engagement aims to dispel any doubts that EURS stablecoins are backed one-to-one by Euros.

As of 03:54 (UTC) on December 9, BTC swings near the $3,600 level, with its global average price at $3,608.97. The broad market is in an uptrend, with only 17 cryptos out of Top 100 by market cap dipping. The global market cap marks $114.2 billion, while the 24-hour trading volume is $13.97 billion. Major Coins 1. BTC quotes show $3,607.93 USDT on Binance, $3,637.82 on Bitfinex and $3,537.1 on Coinbase Pro; 2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $94.03 (+1.42%); BCH marks $108.37 (+3.94%); ETC marks $3.98 (+1.79%); LTC marks $25.56 (+1.56%); XRP marks $0.312 (+1.35%). Top 3 Gainers and Losers in Cryptocurrencies 1. Top 3 gainers among Top 100 cryptocurrencies by market cap: DEX (+52.15%), XIN (+15.07%), ELF (+ 13.88%); 2. Top 3 losers among Top 100 cryptocurrencies by market cap: FCT (-5.22%), ETP (-3.44%), PPT (-2.39%). Top 3 Gainers in Categories 1. Top 3 gainers among 52 categories: Side Chain(+ 10.74%), Super Computing (+9.54%), Notarization (+ 7.54%); Cap Flows of Coins/Exchanges 1. Top 3 capital inflows within the last 24 hours: BTG (+$208.81 mln), DASH (+$202.71 mln), XMR (+$32.1 mln); 2. Top 3 capital outflows within the last 24 hours: ETH (-$35.38 mln), EOS (-$14.52 mln), AE (-$1.55 mln); 3. Net inflows/outflows of exchanges: Binance (+$519.47 mln), Bitfinex (+$204.13 mln) and Coinbase Pro (+$83.8 mln).

Facebook is advertising five blockchain positions on the careers page of its website, sparking speculation it is close to launching some kind of cryptocurrency product. The jobs include the following: Data scientist Data engineer Software engineer (x2) Product Marketing Lead It's the marketing job that has raised the most eyebrows, with marketing professionals usually brought on board when a product is about to launch. In the job description, Facebook says "we are seeking an experienced leader to build and manage a new product marketing team focused in exploring the opportunity the blockchain will bring."

As the markets tumble in the cryptocurrency industry, Binance cryptocurrency exchange is thriving as reported by BD Center. The report by the digital marketing and consultancy firm showed that Binance has over 51 million unique visitors on its site monthly in 2018 as its growth rate continues to soar higher.

"We may need to take legal action against these people making false claims. This lie of 0-conf attacks, well this comes under market manipulation in the U.K., "claimed Craig S. Wright on Twitter.

According to Sankei News, Japan Financial Service Agency plan to amend Capital Settlement Bill and Financial Instrument Transactions Bill in 2019. In the amendment, crypto exchanges are obligated to safeguard and register customer's funds.

Citing data from DappRadar, there are 1270 ETH Dapps; 197 EOS Dapps,19 Tron Dapps in the market. The top 3 Dapps with the highest trading volume are Etheroll, (Gaming, 5,930.17 ETH, 32 users); IDEX （Exchange, 2518 ETH, 701 users); and Ethfinex Trustless (Exchange, 2,294.57 ETH, 9 users).

Indian government panel appointed to recommend cryptocurrency measures has reportedly submitted its report to the country's finance minister, suggesting a new legal framework for cryptocurrencies. The actual content of the report has yet to be announced publicly. Industry participants weigh in on speculation about the report's content.

Citing data from Ether scan, as of 00:14 (UTC), $1.02 million worth of 1,000,000 TUSD were transferred from Binance hot wallet, address starting with 0x3f5ce5 to wallet address starting with 0x008024.

NEM (XEM), a cryptocurrency project building a network designed for better-performing smart assets, has partnered with GUBI, China's largest online artwork trading market and artwork database, to develop a review and identity system. According to the announcement, GUBI is positioned as a professional search engine for the Chinese art industry. Included in this search engine are 33 million pieces of antique data, more than 6,600 professional antique e-books, 800 experts and 2,000 academics. CoiNess.com Market Index: XEM, $0.074, +4.46%.

On Twitter, Justin Sun announced that the company wishes to create a fund to "rescue" dApp developers working on both Ethereum and EOS platforms on the condition that they move their dApps to the Tron network.

According to Yonhap News Agency, Busan city government leads a selection of projects to build a blockchain-based virtual power plant.

The current number of blockchain wallet users has surpassed 30 million, up from 28 million since September, despite the market downturn. The number of blockchain wallet users worldwide has been growing steadily ever since Bitcoin's inception in 2009 with no signs of fatigue.

1. Japanese crypto exchange BIBOX, under the banner of LINE, will terminate 15 ETH trading pairs on December 10. 2. (Zcoin) to hard fork at 12:00 (UTC) on December 10. 3. Circle Invest plans to release incentives to the winners' accounts at a time around December 10 following its New Users Incentive Plan.

With the recent release of development tools and announcement of the Tron Accelerator competition, Tron is moving forward at a rapid pace. Tron Foundation executive Tom Mao, who handles technical writing and the media division, said Tron has solved the scalability issues that were present in Bitcoin and Ethereum. These legacy coins have a proof of work system which gives rise to energy inefficiency and very centralised mining cartels. Tom also talked in detail about recent developments on the technical side, saying there are many exciting development tools released by Tron. He mentioned four major tools for developers: Tronbox – Framework for integrating with Tron network and creating DApps; Tronstudio – IDE for testing, compiling and deploying smart contracts; Trongrid – Load balanced API service to access Tron blockchain; Tronweb – Extensive library of API calls like HTTP, JavaScript as well as PHP and Python.

Bear season is taking its toll, and crypto companies are already shutting up shop. But Dash Core Group won't be one of them, according to CEO Ryan Taylor. In a recent blog post, Taylor addressed the "severe breakdown of market confidence," while reassuring investors that development for the sixteenth-largest cryptocurrency will not be affected. Click 'Read More' for details.

Filipe Larrain, Chile's Minister of Finance, recently stated that several governmental entities are "making progress" on creating crypto regulation. He added that the finance ministry is collaborating with the country's central bank and Financial Stability Board to develop a balanced framework in the industry. The establishment of a regulatory framework is part of a governmental project to ensure that there are legal definitions so that the regulations mean something. He also stated, "We are aware that it is important to move in this direction. But all countries in the world are facing similar problems, and there is no magic want to solve them. We are exploring the best solutions to see how regulate this brand new phenomenon."

As observed by CoinNess.com, statistics by CoinTrendz.com show BTC, ETH and XRP were the Top 3 most mentioned cryptocurrencies on Twitter in the last hour. The full list is as follows: BTC (191 mentions), ETH (76), XRP (40), LTC (39), TRX (31), NEO (29), EOS (27), BCH (26), ADA (24), and XMR (20).

As of 18:00 (UTC) on December 9, BTC swings near the $3,600 level, with its global average price at $3,642.17. The broad market is in line with BTC's uptrend, with only 5 cryptos out of Top 100 by market cap dipping. The global market cap marks $115.85 billion, while the 24-hour trading volume is $14.71 billion. Major Coins 1. BTC quotes show $3,628.27 USDT on Binance, $3,684.50 on Bitfinex and $3,565.51 on Coinbase Pro; 2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $97.20 (+ 7.93%); BCH marks $111.53 (+ 8.31%); ETC marks $4.13 (+ 8.92%); LTC marks $26.64 (+ 7.69%); XRP marks $0.318 (+ 4.17%). Top 3 Gainers and Losers in Cryptocurrencies 1. Top 3 gainers among Top 100 cryptocurrencies by market cap: DEX (+ 44.53%), ELF (+ 15.81%), EOS (+ 15.04%); 2. Top 3 losers among Top 100 cryptocurrencies by market cap: ETP (- 5.15%), FCT (- 3.78%), BSV (- 2.90%). Top 3 Gainers and Losers in Categories 1. Top 3 gainers among 52 categories: Internet of Things (+ 8.64%), Cross Chain Technology (+ 8.44%), Super Computing Power (+ 8%); 2. Top 3 losers among 52 categories: Advertising Concept (- 6.14%), Community Concept (- 3.25%), Virtual Reality (- 2.84%). Cap Flows of Coins/Exchanges 1. Top 3 capital inflows within the last 24 hours: DASH (+ $191.70 mln), LTC (+ $190.19 mln), BTG (+ $116.64 mln); 2. Top 3 capital outflows within the last 24 hours: EOS (- $33.63 mln), ETH (- $22.41 mln), ZB (- $3.36 mln); 3. Net inflows/outflows of exchanges: Binance (+ $3.80 mln), Bitfinex (- $4.68 mln) and Coinbase Pro (- $5.64 mln).

"We need a balanced, fair and diverse system where the dollar plays an important role, but that is not used as a mechanism of coercion against the people because it is illegal," Venezuela's president Nicolás Maduro said after a meeting with Vladimir Putin. Russia currently buys its oil in yuan rather than dollars, according to Maduro, who suggested to Putin that he could buy oil in Petro, a crypto like token running on the hybrid private-public NEM blockchain.

Coinness Market Index shows that BTC surged by 1.02% within 5 minutes. BTC currently marks $3616.53 on Binance.

All across government, from Births, Deaths and Marriages to Vicroads, from the Department of Immigration to the Australian Tax Office, time is wasted trying to find information and reconcile incomplete data sets. These inefficient processes are expensive both for the state, and for the people and businesses that rely on such information being accurate and readily available. To tackle the problem of widely dispersed, incomplete databases, the Australian government is rolling out Govpass. Over the next year, as many as eight high-volume government services will pilot the digital identity system. It will involve more than 500,000 Australians. Once fully rolled out, it will be safer and easier than ever before for Australians to prove who they are when dealing with the government.

Cointext has announced that its Bitcoin Cash wallet service has just launched in the Ukraine and Italy. Cointext is now connected to 35 countries worldwide and the wallet works on any smartphone as well as basic feature phones.

Kerem Albayrak, a resident of Istanbul, Turkey, claims he lost access to $170,000 in digital currency as he did not properly back up his recovery phrase to his cryptocurrency wallet. In a Reddit post, Albayrak explained in detail what happened. Click 'Read More' for details.

HTC, a Taiwan-based company which recently released a new blockchain-compatible mobile phone, has announced Brave as the device's default internet browser.

Craig Wright, the controversial impersonator of Satoshi, tweeted about a plan to start showing people how Bitcoin and any blockchain scales in the coming January. He furthered that the scale plan requires SPV and no servers. In addition, he disclosed that this will be patented and licensed to Bitcoin SV exclusively.

Lex Sokolin, the global director of fintech strategy at Autonomous Research, said that the entrance of new investors and capital could end up counterbalancing the sector in the months to come, and for commercial companies with strong profit margins like exchanges, that certainly could be the case. "I'd be comfortable saying that the pricing pressure on digital assets in 2018 is likely to lead to 25-50-percent shutdowns and layoffs for current projects based on historical comparisons. However, the pace of new entrants and capital could counterbalance this contraction and still grow the sector overall."

Joseph Young just tweeted, "It's almost impossible to buy or sell crypto in India and it's a shame. India is the world's biggest remittance market and cross-border transactions can be very difficult for expats w/out banking accounts in some regions." In the end, he concluded, "Overregulation is killing a high potent market for crypto."

Citing data from Binance, the price of Bitcoin (BTC) is now up the psychologically important $3,500 level, and now marks $3,528.92 USDT. For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

Chris ZHU, co-founder of a world's leading Bitcoin mining pool Poolin, posted on his Moments, an equivalent to Facebook, saying "A bold guess: The bottom of the bear market is here."

Coinness Market Index shows that BTC surged by 1.13% within 5 minutes. BTC currently marks $3482.00 on Binance. For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

The Abu Dhabi National Oil Company (ADNOC) has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain. The system provides a secure platform for the tracking, validating and execution of transactions at every stage, from production well to the end customer.

Madison Holdings Group Limited (08057-HK) announced that its fully-owned subsidiary, Madison Lab Limited, has bought in 67.2% shares of BITOCEAN Co. Ltd, with $15 million. BITOCEAN is a Japan-based cryptocurrency exchange, one of the 16 registered with the Japanese Financial Agency.

Speaking to the complementary efforts of developers working on two separate upgrades to the Ethereum blockchain - one dubbed Ethereum 2.0 and the other dubbed Ethereum 1x - Raul Jordan insists upgrades to be included in Ethereum 1x on a shorter time horizon would have benefits to ongoing research for Ethereum 2.0. Jordan is the co-lead for one of eight different developer teams currently building software clients for Ethereum 2.0, namely ChainSafe Systems, PegaSys, Harmony, Parity Technologies, Prysmatic Labs, Sigma Prime, Status, and Trinity.

According to the official announcement, F2Pool, the world's leading and one of the oldest-surviving mining pool in China, now supports Aeternity (AE). CoinNess.com Market Index: AE, $0.393, +4.36%.

[Policy] 1. Israel's tax collection authority is taking aim at cryptocurrency traders and investors who have unreported earnings from their crypto investments, which is subject to a capital gains tax of 25% - 30%. [Cryptocurrency] 1. Blockstream announced on Dec 6th, 2018 the launch of Esplora, which is the source code behind Blockstream.info; 2. A proposed hard fork of the Stellar network called Stellar Activity is a scam, according to the official release; 3. The beta firmware of the Trezor Wallet now offers native support for Ethereum, Ethereum Classic, and ERC20 tokens; 4. BetDice refreshes the record of the largest EOS Dapp transaction volume with 28.82 million EOS traded within 24 hours; 5. Tether has overtaken Stellar to become the 4th largest cryptocurrency by market cap. [Exchange] 1. Bithumb has beta launched a public voting system for screening new coins to be listed on its exchange. [Others] 1. The Ontario Securities Commission is seeking to have USI-Tech permanently banned from its jurisdiction; 2. Ripple's international partner, Banco Santander, recently won an award titled Financial Innovation Award at the FIAwards 2018; 3. An Internet Court in Hangzhou, Eastern China, has turned to blockchain to fight piracy at the expense of online writers; 4. Gabor Gurbacs, a director and digital asset strategist at VanEck, called out SEC double standard after Coinbase listed "Shitcoins"; 5. South Korean blockchain startup Presto has filed a constitutional complaint alleging that the government's ban on all forms of ICOs in September last year is unconstitutional; 6. The Trezor Wallet has announced that the device's beta firmware now offers native support for Ethereum, Ethereum Classic, and ERC20 tokens.

Coinness Market Index shows that BTC surged by 1.99% within 5 minutes. BTC currently marks $3461.66 on Binance.

As of 11:00 (UTC) on December 9, the price of Bitcoin (BTC) is outlining the $3,400 threshold for the past 11 hours on Binance, with the trading volume showing signs of inactivity. The broad market experiences a decoupling from BTC, which is trading sideways, with 63 cryptos out of Top 100 by market cap climbing up. The global market cap marks $110.53 billion, while the 24-hour trading volume is $13.81 billion. Major Coins 1. BTC quotes show $3,440.94 USDT on Binance, $3,541.90 on Bitfinex and $3,423.00 on Coinbase Pro; 2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $91.50 (+ 1.09%); BCH marks $106.58 (+ 3.83%); ETC marks $3.92 (+ 3.46%); LTC marks $25.44 (+ 2.21%); XRP marks $0.3056 (+ 0.33%). Top 3 Gainers and Losers in Cryptocurrencies 1. Top 3 gainers among Top 100 cryptocurrencies by market cap: ETZ (+ 39.68%), ELF (+ 16.05%), KMD (+ 15.99%); 2. Top 3 losers among Top 100 cryptocurrencies by market cap: CWV (- 15.25%), FCT (- 11.77%), MONA (- 6.43%). Top 3 Gainers and Losers in Categories 1. Top 3 gainers among 52 categories: FIFA World Cup (+ 5.64%), Agriculture (+ 5.37%), Cross Chain Technology (+ 4.47%); 2. Top 3 losers among 52 categories: Advertising Concept (- 12.09%), Basic Currency (- 7.76%), Public Chain (- 6.86%). Cap Flows of Coins/Exchanges 1. Top 3 capital inflows within the last 24 hours: DASH (+ $188 mln), LTC (+ $185 mln), BTG (+ $119 mln); 2. Top 3 capital outflows within the last 24 hours: ETH (- $52.27 mln), EOS (- $37.90 mln), PAX (- $4.65 mln); 3. Net inflows/outflows of exchanges: Binance (+ $11.70 mln), Bitfinex (- $8.52 mln) and Coinbase Pro (- $2.89 mln).

The future of cryptocurrencies will entail greater regulation, more involvement by large institutions, lower volatility and greater integration with traditional assets. That's according to panelists at the Bloomberg Crypto Summit held in London on Friday, Dec 7th. "I don't regard this as an existential crisis, I just regard it as a bump in the road and institutional investors have had plenty of bumps in the road in conventional currencies and transaction systems," James Bevan, chief investment officer at CCLA Investment Management, said on the panel. For more details in regard to the speeches of panelists, click 'Read More'.

Citing data from Binance, the trendlines of BCHABC and BCHSV point to different directions. BCHABC is climbing in a continuous manner, and now marks $105.94. BCHSV is touching down a bit, and quotes at $94.64.

Despite the market crash, Pundi X is on track to deploy 50,000 of its blockchain-enabled Point-of-Sales devices (XPOS) in Q1 of 2019, as it aims to reach new crypto users and add tens of thousands of new nodes to its new blockchain ecosystem, Function X, Junde Yu, Vice President of Business Development of the company, told Cryptonews.com. XPOS, which sells for $300, comes with features including buying cryptocurrency such as BTC, ETH, BNB, and NPXS, a native token of Pundi X, and also using cryptocurrency for purchases in store. CoinNess.com Market Index: NPXS, $0.000553, +3.89%.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced its decision to launch a pilot Global Payment Initiative (GPI) service which aims to compete with the growing threat of competing blockchain and fintech solutions provided by institutions like Ripple, JP Morgan and Transferwise. Still in its initial stages, the ambitious pilot aims to "build the foundation of a new integrated and interactive service that will significantly improve efficiencies in the payments process and which will ultimately be made available to all 10,000 banks across the SWIFT network." For more details, click 'Read More'.

Major South Korean cryptocurrency exchange Bithumb has beta launched a public voting system for screening new coins to be listed on its exchange. The platform, dubbed "Pickthumb", aims to boost transparency and fairness in Bithumb's listing process. Five coins are currently being evaluated with the current voting round ending in nine days. The five projects are Rom, Amo Blockchain, Ttcprotocol, Olivecoinole, and Contentos. For more details, click 'Read More.'

China is faring well with its application of blockchain tech, especially the legal sphere. There are already 88 registered cases involving rights awaiting further progress in the Hangzhou Internet Court, according to WANG Jiangqiao, the standing Vice President of the Court. As previously reported by CoinNess.com, the Internet Court in Hangzhou, Eastern China, has turned to blockchain to fight piracy at the expense of online writers.

In a document published November 19, 2018, the Defense Advanced Research Projects Agency (DARPA) said that it was looking to understand the "Applications and Barriers" to distributed consensus protocols. DARPA, a subdivision of the Department of Defense (DoD), has been instrumental in designing several military and non-military technologies over the past few decades. Now it is looking for ways to create a blockchain protocol "without relying on any currency transfers, while also carefully analyzing the value of any service exchanged for incentivizing participation and/or certain behaviors within the cryptocurrency." While DARPA is aware of the technology's potential, the agency's lack of understanding inhibits the immediate development of practical applications. "The concrete applications and security of these technologies for the DoD is unclear," it concluded.

JIANG Zhuoer, CEO and founder of the world's fifth largest mining pool BTC.TOP, shared his suggestions during a blockchainn salon to miners and investors on how to survive this crypto winter. JIANG proposed that miners should offset their exposure to the current bear market through hedging and always keep it lower than next year's Bitcoin output. For the sake of investors, JIANG reminded that buying and storing cryptocurrencies in a bear market take great risks and are likely to be cheated by the so-called financing projects, which simply bag investors' cryptocurrencies to further crush the market. As previously reported by CoinNess.com, JIANG predicted that the coming Chinese New Year will signal the end of the bear market and a double-bottom pattern will eventually form on the charts.

While there is a growing number of fiat based-payment processors with a variety of practical tools and methods of payment, adding cryptocurrency payments into the mix provides consumers and merchants with unparalleled benefits, which, according to Thomas Highwater, include simplicity, lower overall cost, security, privacy, a greater level of control over one's funds, etc. Click 'Read More' for details.

Speaking at the Wings of Change Europe conference in Madrid a few days ago, Carlos Carriedo, general manager of corporate payments at American Express, explained that Ripple has the potential to improve the way payments are traditionally processed around the world. "We did a test, partnering with Santander locally, and with Ripple to just do cross-border transactions. Cross-border transactions continue to be complex and slow. And in a matter of seconds, through this test, our clients were able to transfer funds in a very transparent and seamless way, from one part of the world to the other one," said Carriedo. American Express reportedly started teaming up with Ripple since June, 2018.

On the Bitcoin network, miners find a block filled with transactions every ten minutes. After 2016 blocks are mined, the network automatically readjusts the difficulty of mining Bitcoin. A death spiral on Bitcoin refers to a situation in which the difficulty of the network fails to readjusts after 2016 blocks because the hash power of the network continues to fall at a rapid rate triggered by existing miners in the ecosystem that leave the space due to a decline in profitability. With the price of Bitcoin dipping to as low as $3,210, some worry that the coin may have entered a death spiral, while some firmly believe that a death spiral is "extremely unlikely." Click 'Read More' for details.

Citing statistics from alternative.me, Fear & Greed Index currently reads 14, three points more than the previous day and indicating the crypto market is getting better but still in the "Extreme Fear" zone. As per the Index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed."

Gabor Gurbacs, a director and digital asset strategist at VanEck, isn't happy with last week's decision by the United States Securities and Exchange Commission (SEC) to extend the review period for the VanEck/SolidX Bitcoin ETF to February 27. Making matters even more frustrating for Gurbacs, San Francisco-based cryptocurrency exchange Coinbase has announced the listing of four small-cap ERC-20 tokens — CVC, DNT, LOOM and MANA — on its Pro trading platform. In response, Gurbacs took to Twitter to call out the apparent double standard that the SEC uses when assessing risk between retail and institutional investors, saying that "Coinbase shitcoins OK for millions of retail investors. Bitcoin ETF for institutional investors too crazy. What f*ing parallel universe is this?"

South Korean blockchain startup Presto announced on Friday December 7 that it has filed a constitutional complaint alleging that the government's ban on all forms of initial coin offerings (ICOs) in September last year is unconstitutional, local media reported. The company has requested an appeal of the ban, according to Sedaily. It has been more than a year since the ban and the government has yet to introduce any forms of ICO guidelines or regulations, said Presto CEO Kang Kyung-won. Lawyer Park Ju-hyun, who is in charge of filing this case, explained the ban is unconstitutional on two grounds. The first is that it infringes on "the basic rights of the Constitution," such as "freedom of occupation, right to property, [and] right to equality," Sedaily wrote. His "second point is that the basic restrictions were imposed without legal basis," which he cited Article 37 (2) of the Korean Constitution, the news outlet added.

A user with the alias of "reizu" uploaded a video on Vimeo filming an effective double spend of his BSV tokens in a "0-conf transaction" for educational purposes. According to his explanation, the root cause of BSV being so vulnerable is because of its centralization. Taking advantage of this situation, he sent multiple expenses through the different nodes which allowed him to prove that the danger is genuine. Reizu pointed out that to avoid the possibility of this attack, "nodes must communicate with each other when they receive a double-spending transaction (sending a proof), ignoring it silently does not make sense". After this news broke, some Twitter users wrote to Craig Wright asking for an explanation. Weight simply denied the rumors without providing further logical or technical back to his words.

IMEOS reported today on December 9 that BetDice hit a new record by 24h transaction volume among all EOS dapps. This gambling dapp saw 28,827,521 EOS are traded in 1,010,514 times of transactions in a 24-hour period. Citing data from DappRadar, at the time of writing, the top 3 EOS dapps by 24h trading volume list BetDice (19,023,968 EOS), Royal Online Vegas (1,715,727 EOS), and Newdex (1,305,131 EOS). It is worth noting that 80% of the top 10 EOS dapps are categorized as gambling, except for Newdex (exchange) and Chintai (other).

Monitored by CoinNess.com, as of 03:26, December 9 (UTC), an address starting with 0x1706d1 sent 45,178 ETH, worth about $4.16 million, to a deposit wallet address of Kraken that starts with 0xd67f76. CoinNess.com Market Index: ETH, $92.46, -2.88%. For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

Crypto analyst Joseph Young put forward an interesting question on Dec. 8 that if you bought Bitcoin at $19,500, why not buying it at $3,000. And if you don't do so, "I don't know what to tell you," said Young. In a week, it will be 365 days (1 year) since Bitcoin achieved an all-time-high at $19,000 (precisely $19,783.21). BTC will have been in bear market for 1 year and historically, Bitcoin achieved a new ATH in 67 weeks on average, which means the next bull market may come in Q2 of 2019. It could also take longer, Young explained.

As of 03:00 (UTC) on December 9, Bitcoin (BTC) surged to $3,540.71 USDT before declining back to the $3,400 USDT level on Binance. However, its global average price managed to stand above the $3,500 threshold, quoted at $3,503.08 by the time of writing. The broad market lags behind BTC's small rally, with still 65 cryptos out of Top 100 by market cap dropping. The global market cap marks $111.41 billion, while the 24-hour trading volume is $14.52 billion. Major Coins 1. BTC quotes show $3,440.94 USDT on Binance, $3,541.90 on Bitfinex and $3,423.00 on Coinbase Pro; 2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $93.26 (- 2.24%); BCH marks $103.82 (- 4.05%); ETC marks $3.92 (+ 0.11%); LTC marks $25.37 (- 3.44%); XRP marks $0.3086 (- 1.79%). Top 3 Gainers and Losers in Cryptocurrencies 1. Top 3 gainers among Top 100 cryptocurrencies by market cap: DEX (+ 21.32%), WAVES (+ 10.68%), FCT (+ 10.12%); 2. Top 3 losers among Top 100 cryptocurrencies by market cap: GBC (- 9.05%), MONA (- 8.06%), MITH (- 7.42%). Top 3 Gainers and Losers in Categories 1. Top 3 gainers among 52 categories: FIFA World Cup (+ 5.64%), Gold Chain (+ 5.37%), Community Concept (+ 4.64%); 2. Top 3 losers among 52 categories: Advertising Concept (- 9.43%), Distributed Computing (-7.85%), Basic Currency (- 7.45%). Cap Flows of Coins/Exchanges 1. Top 3 capital inflows within the last 24 hours: DASH (+ $149.17 mln), BTG (+ $55.28 mln), XLM (+ $45.36 mln); 2. Top 3 capital outflows within the last 24 hours: ETH (- $52.63 mln), BTC (- $31.00 mln), EOS (- $14.83 mln); 3. Net inflows/outflows of exchanges: Binance (+ $4.16 mln), Bitfinex (- $8.97 mln) and Coinbase Pro (- $1.44 mln).

CoinNess.com Market Index shows that Tether has overtaken Stellar to become the 4th largest cryptocurrency with a market cap of $2.41 billion, about $200 million more than that of Stellar. "How bad is this bear market? Tether en (in) route to become the fourth largest crypto in the market. Bad," commented crypto analyst Joseph Young, who predicted about three days ago on Twitter, "At this rate, Tether could overtake EOS and become the 6th largest 'crypto' by the end of 2018."

Helio, a Melbourne-based company, is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). The platform currently supports bitcoin core (BTC), ethereum (ETH), litecoin (LTC), and ripple (XRP). It offers loans for up to 48 months and with an APR of between 17 and 24 percent, depending on the value of the collateral. Customers can choose between 30, 40 and 50 percent loan-to-value (LTV) ratio.

"This is my third crash in the crypto market, and I am not phased by it," Asheesh Birla, Senior VP of Ripple's Product Management said in an interview with PCMag media. As Ripple's principal, he advises that crypto projects must think about the long-term than considering the market for day to day volatility. According to Asheesh, there is 80 percent of trading traffic that comes from Asia which he thunks three factors that derive the trend: the regulators are really friendly; these economies' GDP is growing at 7-8 percent a year; and they are going from cash to digital via mobile payment at a crazy clip. Besides, Asheesh revealed Ripple's regulatory crew is closely working to build the progress where Indians can connect their bank account directly via their phones and access them. Ripple's aim in India is to educate regulators about the fundamental and potential of blockchain to move money, Asheesh claimed.

Moshe Hogeg, CEO of Sirin Labs, explained in a straight way on Twitter that the company once had 205,000 ETH, worth around $157 million at then time and $17 million now, and have "sold enough to get through this hard year." "I think we have enough to become profitable. I've never said we're pivoting. Our distributors order book is >100k phones," Hogeg added. However, crypto analyst Joseph Young thinks Hogeg's words are "completely absurd," pointing out that the company wasn't able to generate profit in the past eleven months "without no working product."

A new article by Henry Linver shows along with the new classification of Bitcoin as an institutional investment class, the institutional trend is also spreading out into the benefits of over-the-counter (OTC) trading. Linver offered a few of the examples as follows to demonstrate how OTC trading has become the latest battleground to secure institutional investment. 1. On Dec. 4, Poloniex reported the launch of their own institutional service; 2. On Nov. 30, Sberbank, Russia's state-owned banking and financial services company, and Interros, a Moscow-based conglomerate, processed an OTC foreign exchange repurchase agreement transaction using smart contracts via blockchain; 3. On Nov. 27, Coinbase announced the launch of OTC trading for institutional customers; 4. On Nov. 20, MV Index Solutions, a subsidiary of VanEck that develops, monitors and licenses MVIS indices, launched its Bitcoin index based on three major OTC desks.

Coinness Market Index shows that BTC dropped by 2.95% within 5 minutes. BTC currently marks $3436.19 on Binance.

Coinness Market Index shows that BTC surged by 3.36% within 5 minutes. BTC currently marks $3530.00 on Binance.

The Trezor Wallet development team has announced that the device's beta firmware now offers native support for Ethereum, Ethereum Classic, and ERC20 tokens. In an announcement on the Trezor blog, the crypto hardware wallet manufacturer stated that existing third-party integrations such as MyEtherWallet, MyCrypto, and MetaMask, which currently enable Trezor to support these tokens, would continue to function parallel to the new functionality, with no plan to discontinue the integrations going forward. According to the company, instant crypto exchange platform Coinswitch has been added as a new wallet exchange partner alongside Shapeshift and Changelly, as part of a revamped user experience. The announcement states that to access the new functionality, users should select "Ethereum" or "Ethereum Classic" in the currency selector, and then select "Go to Trezor Ethereum Wallet." Once in, they may immediately commence using the new beta interface. Click 'Read More' for details.

According to a study published by Human.net, about 29% of more than 1100 freelancers registered on the platform would accept crypto as financial compensation for their services. It is important to note that the majority of Humans.net users are residents of the United States, so the data reflect an important reality of the American population. Likewise, 825 people (75% of those surveyed) said they had heard about crypto and were familiar with the subject. The poll shows that the majority of interested individuals comment that the main advantage if cryptocurrencies is that they facilitate international payments. Lack of middlemen is in second place while a preference for security is in third place. Less popular were the "low commission" and "transparency" options. 11% consider that cryptocurrencies have all the above advantages.

Chatspin, a popular live video streaming multi-platform app, is abandoning its plans to accept cryptocurrencies as a form of payment due to the significant losses in the value of Bitcoin and other coins have suffered this year, the company announced in a press release on December 6, 2018.

Developers of the Simpleledger.io (SLP) project are hosting a monthly contest that offers the chance to win over $100 worth of BCH for solving a puzzle. The team will be giving away BCH after crafting a solvable puzzle and publishing it with the project's monthly newsletter. On Dec. 6, the first winner received 1 BCH for unlocking the funds contained in a Bitcoin cash P2SH address one hour after the puzzle "Stashed Cash 1" was published, explained its creator James Cramer. Click 'Read More' for details.

Reuters reported that the venture capital sector of Two Sigma was backing Trustology, a crypto-security-focused company that produces hardware security modules designed to store and shield private keys. Trustology received an $8 million seed round from Two Sigma Ventures which also counted with the support from blockchain company ConsenSys.

Bitcoin (BTC) fell to as low as $3,210 on fiat-to-cryptocurrency exchanges like Bitstamp and Coinbase on December 7, 2018, which led other major cryptocurrencies and low market cap digital assets to fall by around 15 to 20 percent against the U.S. dollar. Despite the current bearish market, Morgan Creek founder Anthony Pompliano holds his opinion that the future of cryptocurrencies is bright. "It's unlikely you will receive a great return in an investment if everyone agrees with the investment," Pompliano said in his recent tweet, implying potential opportunities in the cryptocurrency industry.

Coinness Market Index shows that BTC surged by 1.89% within 5 minutes. BTC currently marks $3382.76 on Binance.

Coinness Market Index shows that BTC surged by 1.14% within 5 minutes. BTC currently marks $3321.48 on Binance.

Citing data from Binance, BTC just fell below the $3,300 USDT level and plummeted to $3,278 USDT. Now, BTC marks $3,287.52 USDT, with a 24-hour decrease of 3.14%. For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

Coinness Market Index shows that BTC dropped by 1.16% within 5 minutes. BTC currently marks $3318.81 on Binance.

Citing data from Coinhills, Euro keeps the third most traded national currency against Bitcoin following the US dollar and Japanese yen in the fiat-to-BTC market. The top 3 most traded national currencies against Bitcoin list the US dollar (51.76%), Japanese yen (41.47%), and Euro (3.38%).

Citing data from an explorer 1ml.com, the Lightning Network witnesses a continuous uptrend in the number of nodes and channels. Currently, nodes sustaining the network record a high point at 4,371, rising by 9.55%, while the channels hit 12,924 in number, increasing by 40.8%. The capacity of the Bitcoin's most prominent scaling plan is now 455.74 BTC, an equivalent of $1,539,254. CoinNess.com Market Index: BTC, $3,407.31, -0.53%.

CoinNess.com monitored that a Bittrex hot wallet which starts with 0xfbb1b7 had transferred 999,995 TUSD (approx. $1,020,000) to a Binance deposit wallet which begins with 0xebcd46 at 19:35 on December 8 (UTC). For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

As observed by CoinNess.com, statistics by CoinTrendz.com show BTC, ETH and XRP were the Top 3 most mentioned cryptocurrencies on Twitter in the last hour. The full list is as follows: BTC (118 mentions), ETH (54), XRP (38), LTC (37), BCH (27), NEO (26), TRX (25), XLM (24), EOS (22), and ADA (20).

CoinNess.com monitored that a Binance hot wallet which starts with 0x3f5ce5 had transferred 2,500,000 TUSD (approx. $2,450,000) to a Bittrex deposit wallet which begins with 0x72296c at 18:12 on December 8. For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

As of 18:00 (UTC) on December 8, Bitcoin (BTC) once dropped to the $3,200 level and made slight recovery later. Now, BTC swings near the $3,400 level, with its global average price at $3,424.91. The broad market is in line with BTC's performance, with only 7 cryptos out of Top 100 by market cap dipping. The global market cap marks $109.10 billion, while the 24-hour trading volume is $15.77 billion. Major Coins 1. BTC quotes show $3,377.73 USDT on Binance, $3,429.90 on Bitfinex and $3,354.83 on Coinbase Pro; 2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $89.94 (+ 5.50%); BCH marks $102.99 (+ 2.42%); ETC marks $3.76 (+ 6.40%); LTC marks $24.84 (+ 5.71%); XRP marks $0.3048 (+ 3.45%). Top 3 Gainers and Losers in Cryptocurrencies 1. Top 3 gainers among Top 100 cryptocurrencies by market cap: FCT (+ 23.89%), AE (+ 19.17%), LINK (+ 17.84%); 2. Top 3 losers among Top 100 cryptocurrencies by market cap: ETP (- 7.05%), MONA (- 5.69%), MGO (- 1.40%). Top 3 Gainers and Losers in Categories 1. Top 3 gainers among 52 categories: Side Chain Concept (+ 4.72%), Contract Tools (+ 4.53%), Public Welfare Environmental Protection (+ 3.12%); 2. Top 3 losers among 52 categories: Basic Currency (- 8.96%), Advertising Concept (- 7.78%), Public Chain (- 7.62%). Cap Flows of Coins/Exchanges 1. Top 3 capital inflows within the last 24 hours: DASH (+ $167.23 mln), BTG (+ $140.33 mln), LTC (+ $122.16 mln); 2. Top 3 capital outflows within the last 24 hours: ETH (- $83.76 mln), EOS (- $39.13 mln), BTC (- $30.32 mln); 3. Net inflows/outflows of exchanges: Binance (+ $3.62 mln), Bitfinex (- $7.21 mln) and Coinbase Pro (- $8.98 mln).

Craig S Wright (CSW), the controversial Satoshi-impersonator, expressed his opinion on Bitcoin, saying that Bitcoin will help reduce corruption in government. He stated, Bitcoin doesn't stop government, but it helps make good government stronger and more efficient and accountable.

At present, the global average price of USDT is $0.9994 (about 6.87 RMB), while the fiat-to-crypto trading price on Huobi Global shows that the current USDT buying price is 6.91 RMB. The previous negative premium of USDT has been converted to the positive premium, and the current premium rate is about 0.58%.

A proposed hard fork of the Stellar network called Stellar Activity is a scam, according to the official release. This fork promised to improve upon the original Stellar by implementing the Lightning Network as well as a few other minor details. Stellar Activity offered to give users (for free) 2 of a new token called XLA for every 1 XLM they hold. It is 100% a scam designed to part users from their hard earned XLM. Click 'Read More' for details.

Bobby Lee once initiated a vote on Bitcoin's price and said via Twitter, "Apparently many people have voted that Bitcoin will go below $2,500 in this bear market. I'll be very surprised if it ever hits $2,000 again. I suspect there will be a lot of buy orders and support at both $3,000 and $2,500 mark. We will see!"

Coinness Market Index shows that BTC surged by 1.03% within 5 minutes. BTC currently marks $3401.91 on Binance.