Main news of the market of cryptocurrencies 30.10.2018


Major news and quotes largest cryptocurrency.

Jeff Bezos in two days lost almost $20 billion. the Founder of the Internet giant Amazon is poor due to a sharp falling of stock quotes of the company on Friday, October 26, the securities of Amazon fell by 7.8%, and 29 October and by another 6.3 percent. The fall affected the report on the company’s revenue, which was worse than expected. Currently, the state of Bezos is 128,1 billion dollars, he is still considered the richest man in the world. Up to this point “record” on losses in such a short time belonged to the founder of Facebook Mark Zuckerberg in July of this year, in two days he lost of 16.5 billion dollars.

In the UK can impose a ban on the cryptocurrency trading. Representatives of the regulator noted that digital money can not be recognized as means of payment because of the “high volatility, low liquidity and due to the fact that they are difficult to track.” However, the authors do not deny that in the future because of cryptocurrency transactions will cost much cheaper, and the need for intermediaries will disappear completely. But, according to representatives of the regulator, digital assets carry huge risks for investors, as well as contribute to a flourishing “black market”. Also quite prevalent is fraud ICO.

Study: Russians began to take more loans to cover old debts. For the first six months of 2018, consumers have issued a record number of loans for refinancing old debts was concluded 131 thousand contracts, as compared to 92 thousand in the previous year. Grew total loans — to a record 68.3 billion rubles. This is almost two times more than last year. Experts fear that this could lead to a significant fall in the real incomes of Russians in the near future.

IBM will buy Red Hat for $33 billion According to The Wall Street Journal, it will be the biggest deal in the history of IBM. The company believes that the purchase will make it the global leader in hybrid cloud technologies. The transaction has been approved by the boards of Directors of both companies and should be completed in the second half of 2019. IBM will pay $190 for each share of Red Hat. The purchase is expected to produce at the expense of available funds and debt provider of computer services.

Scientists: mining dramatically accelerate global warming. According to the study, by 2033 the average global temperature increase to 2º C only through the bitcoin mining process, which emits several million tons of carbon dioxide. Last year alone, mining has produced 69 million tons of CO₂ emissions. For comparison, the same amount of carbon dioxide produces Austria with a population of 9 million people. However, some experts have expressed skepticism about the results of a study of Hawaiian scientists.

The total market capitalization of cryptocurrency, is now 203,4 billion.

  • Bitcoin (Bitcoin) for the last day fell by 0.08% to $6344,74.
  • The ether (ETH/USD) fell by 0.11% to $of 197.3.
  • XRP (XRP/USD) rose by 0.41% to us $0,44.
  • Cash Bitcoin (Bitcoin.Cash) fell by 0.09% to $417,66.
  • EOS (EOS/USD) fell by 0.3% to $5,13.

The best growth among the top 10 crypto-currencies have shown that XRP (+0,41%)

The best growth among the top 100 cryptocurrencies showed Dentacoin (+9,07%)

Market dynamics

The trading volume of the cryptocurrency 24 hours was 10.3 billion (-1,3 billion per day).

The profitability of mining

  • Bitcoin: $0.22 per 1 TH/s
  • Ether: $0,02 per 1 MH/s
  • Bitcoin Cash: $0.24 per 1 TH/s
  • Litecoin: $3 per 1 GH/s
  • Dash: $0.06 per 1 GH/s

Reddit of the day

One of the most discussed topics of the day on Reddit was the news that an American politician, former Congressman and former candidate for U.S. President from the libertarian party Ron Paul offered to release cryptocurrency from tax on capital gains. This post on Reddit gathered nearly 300 comments.

The expected ICO

  • 31 Oct 4ARTechnologies
  • 1 Nov Quidli
  • November 15, Vidion
  • 15 Nov Winnest
  • 1 January Börser

The full list of ongoing and anticipated ICO you can see the link.

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