Results of the Day: February 4, 2019

February 4, 2019

  • Cryptocurrency market has been stagnant for 412 days. This is the longest period of stagnation in cryptocurrency history. 
  • Iran to launch a cryptocurrency for banks called PayMon. This currency will be backed by goal. The main purpose of PayMon is to help Iran to circumvent sanctions. 
  • TRON skyrocketed by 50% in 15 minutes.
  • Kraken acquired a British platform Crypto Facilities. The platform offers BTC, ETH, XRP, BCH, and LTC futures.
  • Total hashrate of BTC.com and Antpool mining pools decreased to 29%.
  • It looks like QuadrigaCX cryptocurrency exchange is scam. There is no information on any cold storages, to which the exchange allegedly lost access after the death of its founder.
  • Parity found a critical bug in Infura nodes, that could jeopardize the whole Ethereum ecosystem. 
  • Venezuela residents bought 2000 BTC last week, setting up a record. Venezuelan government announced with a set of new cryptocurrency regulations.

Prices of main cryptocurrencies:

Bitcoin 3461$ (↓0.44%)
Ripple 0.301$ (↓0.93%)
Ethereum 108$ (↓0.16%)
EOS 2.40$ (↑0.74%)
Bitcoin Cash 119$ (↓0.08%)
Litecoin 34$ (↑1.04%)
Stellar 0.08051$ (↓2.33%)

Cryptocurrency market cap: $114 billion

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