DAILY CRYPTO MARKET UPDATE+TRADING RECOMMENDATION: FEB 04 2018

Up-Coming Crypto Events

Aion (AION): Test Net Release

The first beta group participants will receive access to the Test Net binaries. Read more »

Verge (XVG): YouTube Q&A

Second Verge YouTube Q&A on Feb 5, 2018. Read more »

Electroneum (ETN): Hardfork

We have an update coming that will be rolled Monday 5th Feb that will include the required fix for this block issue. Read more »

Some Crypto News

Cryptocurrency Ads Disappear from Chinese Social Media

The crypto clampdown continues in China. The latest round finds cryptocurrency ads disappearing from Chinese social media. The last few months have not been that gentle to cryptocurrency in mainland China. First, the People’s Bank of China banned the use of ICOs, saying that a whopping 90% of them were fraudulent. Later on, Bitcoin mining came under attack as the national government sought to end the practice and transition miners into new occupations. Now cryptocurrency ...
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XinFin unveils XDC, the hybrid Blockchain protocol; opens its utility token sale

XinFin opens token sale of it’s utility tokens, unveils the first of it’s kind hybrid blockchain XDC protocol Singapore based XinFin unveiled the first of its kind Hybrid Blockchain protocol architecture for enterprise adoption for global trade and finance market, opens sale of it’s utility tokens. (For Immediate Release) XinFin unveiled its Hybrid ...
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‘Prices Will Go Off Around March and April’ – Crypto Fund Manager [Interview]

Bitcoinist spoke to David Drake, Chairman of LDJ Capital, a $200 million dollar cryptocurrency fund, about the current price downtrend, what determines ICO quality, and the potential impact of regulations in key countries across the globe. David Drake is the Chairman of LDJ Capital, who has also been involved in TMT (technology, media, telecoms), realty, hospitality, clean tech, energy, and social impact investments for more than 20 years. Drake is an advocate of innovative investing in ...

Botnet Infects Half a Million Servers to Mine Thousands of Monero

Botnet Infects Half a Million Servers to Mine Thousands of Monero More than half a million machines have been hijacked by a cryptocurrency miner botnet, forcing them to mine nearly 9,000 monero tokens (worth roughly $3.6 million), according to a new report. The Smominru botnet, which infected more than 526,000 Windows servers at its peak,…...

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My Crypto Trading Recommendation:

A market-wide recovery, albeit a small one, was seen over the past 24 hours. All top 10 cryptocurrencies registered gains, however, 5 of them gained less than 2%. Ethereum was the exception, rising more than 7% since yesterday.