Key Facts Of The Day 07.12.2018
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Dec. 7, 2018

Bitcoin Continues to Plummet

Bitcoin cost updated its annual minimum. On December 7, the average market price of the first cryptocurrency fell to the level of $3,380, the last time it was that low was on September 15, 2017. Now bitcoin is trading at $3,419. The total market capitalization dropped to $107 billion, although in January of this year this figure exceeded $830 billion.

At the same time bitcoin SV is trading in the green zone. The BSV coin, which appeared as a result of a hard fork on November 15, rose to the fifth line on the CoinMarketCap list. Today, the cryptocurrency is trading at around $109. However, bitcoin cash cryptocurrency continues to fall, its value dropping to a mark of $102.

Altcoins You Failed to Profit From Week – XV

The first week of December is about to come to an end! Christmas songs are already on in every mall and people are again hopeful for the upcoming year with good wishes and fresh starts. If you had a good year and your last year’s wishes came true, you might share this optimism as well. On the other hand, due to the black hole called the crypto market, there are many who need to tighten their belts just a few weeks before Christmas. And there are even fewer among us who have invested in these three Altcoins that the rest have completely missed.

Take a look at the best performing altcoins of this week.

Game Awards 2018 — Industry, Unite, Don’t Fight

The annual awards ceremony of The Game Awards took place in the computer games industry. Red Dead Redemption 2 managed to collect the largest number of awards, winning in four nominations. However, the game of the year was still God of War. And although Red Dead Redemption 2 did not become the winner of the year, it managed to become at least the most discussed one in 2018.

Good news came for fans of "Very strange things", a game based on the series was announced at the Game Awards. Playing the game will be available on all platforms, but the release date has not yet been named.

What Else:

UnitedCorp Intends to Sue Bitmain, Kraken and Roger Ver for Conspiracy Against Bitcoin Cash

The technology company United American Corp (UnitedCorp) filed a lawsuit against Bitmain, the Kraken exchange, portal, Roger Ver, and others involved in “a well-planned scheme to take control of the Bitcoin Cash network”.

Mastercard Registers Blockchain Patent

Payments giant Mastercard have registered a new patent claiming that the company developed a new way of keeping cryptocurrency transactions private

Ethereum Developers Define Block 7,080,000 to Activate Constantinople Hardfork

Ethereum developers reached an agreement regarding the block on which the Constantinople update will be activated. Block 7,080,000 was chosen to activate hardfork. According to release manager Parity Afri Schoedon, it will be mined from 14 to 18 January.

CEO TRON Throws Lifebuoy to ETH and EOS Developers

The CEO of a decentralized Internet protocol TRON Justin Sun said that his team will be organizing a fund to ‘rescue’ the ethereum and EOS developers from the ‘collapse’ of their platforms. To support developers, Sun is ready on one condition — they must transfer their decentralized applications to the Tron’s ecosystem.

At 19:30 (GMT) total cryptocurrency market capitalization stands at $110.1 billion

  • Bitcoin (Bitcoin) $3464 (-5.42%)
  • XRP (XRP/USD) $0.30 (-6.56%)
  • Ethereum (ETH/USD) $94.6 (-2.50%)
  • Stellar (XLM/USD) $0.11 (-10.19%)
  • Tether (USDT/USD) $1 (+0.64%)

XYO Network (+31.35%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $18.8 (+3.1 billion per day)

Mining Profitability

  • BTC $1.48 for 10 TH/s ↘️
  • ETH $0.10 for 10 MH/s ⏸
  • BCH $0.17 for 1 TH/s ↘️
  • LTC $1.97 for 1 GH/s ↘️
  • DASH $0.03 for 1 GH/s ⏸

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