🗞 Daily Crypto News, December 10th💰

Russian Cybercriminals Allegedly Obtain Passport Data of Bittrex Users;
Lightning: The Bitcoin Scaling Tech You Really Should Know ;
30 People Who Were Really Wrong About Bitcoin
South Korea Bitcoin Frenzy: Everyone is Rushing to Invest in Cryptocurrencies
Steemit Statistics & Big Data: End of November Update ;
December, 11th : 📣Bitcoin Futures will be Crypto Market's Black Tuesday !📣;
LTC Trading Update by @cryptopassion

🗞 Russian Cybercriminals Allegedly Obtain Passport Data of Bittrex Users

It seems there are a lot more concerns for Bittrex users than just reduced withdrawal limits or lengthy verification times. According to a Russian Telegram group, someone has obtained passport data and other sensitive user information from the exchange. It seems this leak was the result of how Bittrex handles the user verification process. Assuming there is any truth to these allegations, things are not looking great for this particular company.

🗞 Lightning: The Bitcoin Scaling Tech You Really Should Know

"It's fairly close to working to the point where the public can test with real money, but not necessarily at the point where people can operate a business on it quite yet."

🗞 30 People Who Were Really Wrong About Bitcoin

“The horse is here to stay but the automobile is only a novelty – a fad.” So scolded a bank president in 1903, warning Henry Ford’s lawyer not to invest in the motor company. 80 years later, inventor Marty Cooper predicted: “Cellular phones will absolutely not replace local wire systems.” And, 30 years after that, a string of “experts” emerged to dismiss the latest tech – Bitcoin.

🗞 South Korea Bitcoin Frenzy: Everyone is Rushing to Invest in Cryptocurrencies

“Word just spreads really fast in Korea. Once people are invested, they want everyone else to join the party. There’s been this huge, almost a community movement around this.”

Steemit Statistics & Big Data: End of November Update

We reached 19mn visits in November ALONE.

The number of Daily visits is quite consistent between 400k and 600k in August and September. It has been improving in October at 600k+.
November metrics ! Up to 800k+

🗞 December, 11th : 📣Bitcoin Futures will be Crypto Market's Black Tuesday !📣

The biggest news in derivatives world is the impending launch of Bitcoin futures, first by CBOE, then shortly thereafter by CME.

In this post I will explain why I think that Bitcoin Futures Trading will bring a huge Bear Market.

Why Futures are a threat to Bitcoin and Cryptos?

I am a Crypto HODLer but we have to admit that it is very difficult to justify the stratospheric price and why it rocketed in 2017.

Don’t forget that cryptocurrencies erode the demand for fiat currencies (therefore fiat currencies depreciate vs cryptocurrencies). This is not a good news for Central Banks and Governments:

LTC Trading Update by @cryptopassion

The LTC did a very nice UP the last hours but we have now the signs of an imminent correction :

As you can see on the chart, the UP has started via a Break Out from a triangle, one of my favorite pattern. We had a UP of around 50% but now the candles are clearly showing that the correction is in preparation....

As always, the MMA13 is a very good indicator to know the first target of the correction. We can always continue the correction and go farther to touch the MMA50 but it happens often that we just touch the MMA13 and start an UP continuation. Let's see the coming hours, as this chart is a 4 hours chart, we should see quickly if my prediction is good.

🗞 Daily Crypto News, December 9th💰
🗞 Daily Crypto News, December 8th💰
🗞 Daily Crypto News, December 7th💰
🗞 Daily Crypto News, December 6th💰