Hack: Cryptocurrency Trends & Predictions for 2019

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January 13, 2019

Hack: Cryptocurrency Trends & Predictions for 2019

In 2009, when Satoshi Nakamoto invented a new age digital currency by writing the code for the first ever cryptocurrency termed as Bitcoin, the entire world was perplexed of its acceptance. Followed by the emergence of many other new cryptocurrencies since last 10 years, this form of digital money has witnessed diverse eye-popping incidents including drastic price fluctuations, growth and development, and hacks among others.

The Talking Points

With Bitcoin and Ethereum as the most popular and globally recognized cryptocurrencies, this digital money is also referred to as peer to peer cash. Also used in pet industry now.
Such P2P currencies are not created by any central banking authority but distributed consensus and use a specific blockchain technology for validation. Cryptocurrencies are traded virtually and electronically exchanged by the parties.
Transacting with cryptocurrencies cannot be undone and is immutable and irreversible. Such transactions get recorded on the blockchain that requires most nodes to be altered in order to modify which is not possible. This helps in preventing fraudulent transactions.
No cryptocurrency accounts and transactions are connected to any real-world entity. Hence they are pseudonymous.
Cryptocurrency is permission-less virtual cash as it is not controlled by any central authority. All you need to have is a specific software and start receiving or sending cryptocurrencies like bitcoin (BTC), Litecoin (LTC), XRP (XRP), Ether (ETH), EOS (EOS), Cardano (ADA), Stellar Lumens (XLM), TRON (TRX), Dogecoin (DOGE), Monero (XMR), NEO (NEO) etc.

The Cryptocurrency Trends

After creating huge waves worldwide, the cryptocurrency is one of the most talked areas as it depicts the development of the entire market. The two major trends that can be related to the cryptocurrencies include:

Bullish trend predicts that the markets will be conquered by the Crypto bulls prices will significantly rise with global adoption.
Bearish trend predicts the downfall of this market as bears are expected to overcome their rivals due to governmental and financial restrictions.

Major highlights of the 2019 predictions for this new age virtual currency constitute:

Accelerated Blockchain implementations

According to a report from the PricewaterhouseCoopers (PwC) that works in association with giant businesses in the world, several customers have started considering the blockchain initiatives for spending a huge sum of money. The trend is expected to grow enormously. The PwC observed a demand for blockchain advisory services has been valued around $1.7 billion and may continue to accelerate.

The ETF Acceptance

After lots of stirring up during the past 2 years, 2019 is highly expected to witness the Exchange-Traded Fund (ETF) accepting the cryptocurrencies to be used in institutional transactions and huge investments broadening the trading platforms.

The DEXs Augmentation

With significant acceptance to the decentralized cryptocurrencies, appropriate marketplaces are also likely to augment. The decentralized exchanges (DEXs) were restricted to small numbers due to expensive development. 2019 may bring ease to the cryptocurrency users with the expansion of DEXs allowing users to freeze the deals using their wallets eliminating the role of third parties.

The Developing dApps

dApps are smart decentralized applications that connect the users and the providers directly and run on P2P networks. dApps may find wide adoption worldwide the current year and provide an intuitive ground for the crypto projects and games.

The ICOs Replacement

Soaring costs of compliance and legal holding of the ICOs are encouraging the STOs’ (Security Token Offerings) adoptions in 2019. It is predicted that soon STOs will be accepted as the standard model for the deployment of most crypto-based projects.

Improved Scalability with Lightning Network

The most widely known cryptocurrency, Bitcoin has kicked off this new year with not only momentous price rise to over $4,000, but also an escalated capacity of the Bitcoin’s lightning network has been recorded. An eminent Bitcoin analytics provider 1ML observed a rise of 23% in the capacity of the lightning network during last month. Experts are predicting high scalability to be rendered by Bitcoin’s off-chain technology.

Predictions for Top Cryptocurrencies

As some specific cryptocurrencies are likely to derive the market tendencies, some predictions have been made by the industry experts on these large P2P currencies:

Bitcoin: Bitcoin has been the initial trendsetter and has been a most popular type of cryptocurrency. The bitcoin’s price is expected to soar high but the actual BTC usage is expected to advance in the coming year. Bitcoin may gain broader acceptance in case its lightening network contributes to improved scalability. International Data Corporation has projected that by 2022, the annual blockchain spending will reach $12 billion.
Ethereum: Ethereum is the second cryptocurrency that outshines the rest with its practical value. Adversely affected by the scalability issues, Ethereum may witness a massive growth if they get sorted out. Despite many other concerns, several businesses have already started implementing Ethereum’s innovations pro-actively.
Ripple: The Ripple is all set to lead the cryptocurrency market by cooperating with banks efficiently. With the launch of xRapid in September 2018, an integrating platform to establish a connection between various currencies and rendering quick transactions, many banks are expected to adopt Ripple in 2019.
Litecoin: It is the best fit to perform daily routine tasks due to its comparatively low cost than Bitcoin. LTC is gradually capturing the market as the primary payment system with its debit cards launch as the action plan.

Conclusion

Other than the abovementioned predictions and trends for a range of cryptocurrencies, the Eos (also known as the ‘Killer of Ethereum’), Neo, and Stellar (XLM) are other niche cryptocurrencies that are expected to gain popularity due to their security token offerings.

The extreme volatility of the cryptocurrencies cannot be denied and without any stabilization of compliance on the same, the predictions and trends may encounter a shift in numbers. The bullish and the bearish trends drastically impact the predicted trends and have the ability to drive the cryptocurrencies in any direction. As this is the first month of 2019, the time is to wait and watch as the year 2019 goes through to the end of its first quarter to have a clearer picture of the trends and projected scenarios.

Coinbase has topped the Blacklist of Crypto Traders and here’s why

By

Adrian Klent

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January 13, 2019

Coinbase has topped the Blacklist of Crypto Traders and here's why

Although Coinbase is thriving on the path of enlargement as it stretches its services with a new office in Portland, already existing users seem to be having a hard time with the exchange for reasons relating to user identity, transaction fees, and age restrictions. Making this known via Reddit, quite a number of traders revealed that they are having a hard time buying and withdrawing coins.

Identity Issues

A frustrated user made a thread, revealing that after providing an ID for a BTC purchase, the system continued to request for the same idea multiple times. In his words ;

“Coinbase keeps looping and asking for my ID over and over… confirming and then asking for my ID again straight away. I just want to buy and use some bitcoin, how can I do this? Are there other apps that make it easier? Why is this so hard?!????”

While fellow users explained that the issue might be a result of the user’s browsers, others were quick to note that Coinbase app was known for its continuous error problems. Another user went on to point how expensive the transaction charges are, revealing that he paid $7.34 for a little BTC purchase.

Age Restriction Issues

Seeing that millennials make a good percentage of the cryptocurrency trading market, Coinbase may be losing out on “millennial profits” with its age restriction policy that bans traders below 18 years of age from using the exchange. Recently, more than a few under 18 traders have cried out for help due to their inability to access their funds after depositing it on the exchange platform.

One case reads ;

“I put a little over $100 into coinbase, and to my dismay it wasn’t what I was looking for. Made a big mistake, haha. Anyways, I attempted to sell but my funds were being held! In a frantic effort to do something I submitted blurred dark images in the ID verify and real info for identity verification- hoping to be granted some sort of option. All I want is to have my money on another wallet or back in my bank account. Apologies for my severe lack of knowledge on the topic. Instantaneous karma, I guess!”

While the trader might have to wait a year later to retrieve funds as they risk an increase or decrease in trading price through that time period, Coinbase has ceased to take responsibility for outcome noting that the terms and conditions have been fully stated.

Have you heard of the Tron Accelerator Program? Sources say it may not be all that it seems to be

By

Ponvang Bulus

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January 13, 2019

Have you heard of the Tron Accelerator Program? Sources say it may not be all that it seems to be

As part of its initiative to encourage dapp development on its network, Tron came up with the idea of a competition for developers to compete for prizes. This program is called Tron Accelerator program. According to the details of the program, Tron has earmarked $1million to reward developers in the competition.

A Redditor known as 9hil posted information on the cryptocurrency subreddit which indicates that while winners in the competition were supposed to be openly announced yesterday 11 January, the announcement was not made but the company claims it sent emails to the winners privately. The recipients of the emails, however, were not pleased with the content which is like this:

“Due to the unexpectedly high volume of competitive projects, we have made some adjustments to the prize structure, one of them is to award over 100+ projects instead of 56 projects. More details to be announced soon. Please stay tuned:)”

While some people claim they received emails confirming they won, none of them have confirmed earning any significant prize. The one person who announced on Instagram that he won a $200 thousand prize was found to have done no significant work to earn such an amount in the competition. 9hil claims the winner’s Github project was empty with just three commits and this as the only trace to the project.

This made the contestants to question if the full $1 million was actually paid out. One of them wrote:

“Nobody even knows that they’ll pay out the full 1,000,000 I can guarantee they won’t. They didn’t pay out the full amount last competition They’re not cutting prize amounts because so many people supposedly entered, they’re cutting them because they won’t pay the full amount.

100 winners is not better than 57 when the majority of those winners took 30 minutes to reskin an existing smart contract on the network You can make all the excuses you want, or try to see the good in it but you’re only lying to yourself When we got $75k shaved off our prize, we weren’t happy because 100 winners were better than 57. They didn’t even pick winners for some of the prizes.“, he added.

The contestants also accused Tron of breaking a major rule of the competition which states that all contestants must be on mainnet. Some of the projects that were moved from Ethereum to Tron were actually clones according to the post and the prizes were clearly not awarded based on the volume, users, and transactions as Tron Shrimp which had a ton of followership did not win any prize while other projects with less impact won.

The claim that developers abandoned Ethereum for Tron because the latter is better may be false anyway because 9hil claims to know developers who actually did so just to win the prize but intend to continue developing on Ethereum.

$13.57 Billion against $13.10 Billion; Ethereum may retake the second spot from XRP in no time

By

Adrian Klent

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January 13, 2019

$13.57 Billion against $13.10 Billion; Ethereum may retake the second spot from XRP in no time

The current market data as of press time shows that there’s about to be a collision between Ether and XRP in market capitalization as both tokens rake in a total of $13 billion. While XRP sits on the most promising end, with a $647 million addition to its market cap, a competition is spurring up as Ether whose $13 billion precedes a total of $104 million as of this writing.

Seeing that these tokens are known for their competitiveness in market cap, there’s a possibility that Ether can overthrow the XRP and move its way back up to the second spot between the next few days, however, if new bullish trends surface in today’s market, the overthrow might take place in the next 24hrs.

Current Market Formation

As of this writing, Ripple XRP is showing itself to be slightly more in control as it rakes in 0.02% in gains, while this is not enough to maintain stability for the next 24hrs, XRP is the only cryptocurrency amongst the top five that is currently amassing gains.

Not only will this give it an edge against Ether, but a boost in market volume will also make the needed impact required to keep its token afloat. XRP had also suffered an upsurge in trading volume within the last 24hrs, as of yesterday, XRP closed with a trading volume of $376.38 million, as of this writing, trading volume has dropped by up to $27 million as it now sits at $349.27 million.

This drop in XRP’s volume did not change anything for Ether whose trading volume has also dropped significantly in the past 24hrs in an even more intense rate than Ripple XRP. Ether closed at $125 in trading price, at which time trading volume was at $2.22 billion, this amount has dropped by more than $100 million since the past 24hrs.

Although Ether has declined by 1%, the battle in market capitalization is still ongoing as Ether has now grossed a total of $23.11 billion against XRP’s $13.65 billion at the moment of this writing, if market movement continues in this pattern, the next 24hrs will intensify the battle between these two tokens, which will lead to change in rankings and positions.

Ex- BitTorrent Executive says the BTT token will Fail On The Tron Network

By

Stephen Brown

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January 13, 2019

Ex- BitTorrent Executive says the BTT token will Fail On The Tron Network

While Tron has been surging in price amid a flurry of positive developments and announcements, naysayers have been critical of Tron’s technological progress. The former chief strategy officer at BitTorrent thinks Tron is not technologically equipped to handle BitTorrent’s volume of transactions.

Simon Morris was a top executive at BitTorrent and left shortly after they were purchased by Tron. He says Tron is built on hype and isn’t ready to handle what BitTorrent’s customers demand.

“It seems they’re going in the same direction as our plan,” Morris told BREAKER magazine. “But what’s very clear is that they’re going to say they’re going in the same direction, come what may, because that’s what Tron does…it’s basically, a marketing machine layered on a very thin veneer of technology.”

Morris was also critical of Justin Sun, Tron’s founder and CEO. He said the culture at Tron and the leadership of Justin Sun made him think twice about his future with the emerging crypto company.

“It’s very clear that Justin is very strong at marketing. He has a very nice personality from a marketing point of view. He doesn’t have a technical bone in his body. He wouldn’t understand, technically, anything.

But the approach that bothered me was, the very sort of Trumpian approach—if you get caught in a lie, the answer is you double down on the lie. The endless doubling down on lies that made me think it wasn’t going to be a fit.”

In the interview with BREAKER Morris admitted that tokenization of BitTorrent’s platform could increase the network’s speed by up to 40%, but ultimately contends that Tron would not be capable of maintaining BitTorrent’s needs.

This isn’t the first time someone has accused Tron and Justin Sun of being nothing but hype. It seems his in your face approach to marketing along with constant social media presence rubs many in the space the wrong way. Still, Tron and TRX have a huge, supportive community and tons of money to continue to develop the project. Tron has also recently made a strong statement when they hired former SEC attorney David Labhart to be general counsel at the crypto startup.

New Bitcoin Whales Movement Could cause even more Volatility than Usual

By

Stephen Brown

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January 12, 2019

New Bitcoin Whales Movement Could cause even more Volatility than Usual

According to the analytics firm Flipside Crypto, there has been an uptrend in previously dormant Bitcoin wallets coming back to life. Dormant wallets are defined as wallets that are totally inactive for a period longer than 6 months.

The trend began in October of 2018 when these whale sized wallets started showing activity after long periods of remaining untouched. The trend is continuing so far in 2019 and the head of data science at Flipside Crypto, Eric Stone, thinks this activity could have big implications in the cryptocurrency markets.

“It’s definitely a big shift,” Stone said in an interview with Bloomberg. “There’s more potential than usual for price swings.”

The Bitcoin economy is pretty top heavy. Around 1,000 addresses control 85 percent of the total Bitcoin supply. Many of these wallets are early investors that have remained inactive during the amazing bull run of 2017 and the collapse that followed. The sudden activity after up to nearly several years of dormancy has many in the industry wondering what will happen next.

Stone says that this activity signals that these whales are could be looking to make moves. “The fact that those wallets have been recently active leads us to believe they could soon be active again,” Stone told Bloomberg. “Put another way: We have no reason to expect them to remain stagnant for another 2-plus year.”

With this recent whale activity, the supply of actively traded BTC has gone up 40% and the team at Flipside Crypto notes that similar increase in activity and supply occurred before the big price swings the markets witnessed in 2015 and 2017.

Although the cryptocurrency space is spilled on whether or not whale movements like these have as much of an impact on volatility as some have claimed, it’s hard to not be intrigued and concerned due to the fact that so much of BTC’s supply and value is in the hands of so few people.

Ethereum’s Constantinople Hard Fork Causing A Bone Of Contention Among ETH Holders

By

John Kiguru

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January 12, 2019

Ethereum Market Watch: Failed To Beat Expectations, Is ETH Losing Momentum?

Although the market is still knee deep in red, the loss has slowed down in the last couple of hours. For Ethereum, it seems to have settled around the $127 position after bouncing back from a $125 bottom position. As next week approaches and the upcoming Constantinople hard fork nears, there are jitters going around.

Early next week, Ethereum is expected to undergo the Constantinople hard fork- an upgrade called a hard fork. This event is expected to improve some key features on Ethereum. According to Vitalik Buterin, the upcoming hard fork is expected to make Ethereum more like Zcash.

Ethereum holders and enthusiasts seem to be very cautious of the upcoming Constantinople hard fork and this might be affecting prices. According to some, Ethereum holders currently have “cautious optimism”. While everything is expected to run smoothly on the Ethereum blockchain, there’s no telling what might go wrong. In anticipation of something going wrong, some have decided to prepare for the worst and sell-off.

Fear at the mention of a hard fork is currently understandable given the events that took place in the recent Bitcoin Cash hard fork. Some Ethereum enthusiasts are afraid that the hard fork could lead to disagreements and in the end a split.

In 2016, such an event was witnessed when a DAO disagreement saw a split, creating Ethereum Classic.

Fortunately, the hard fork has received strong support from major mining pools making it unlikely for a split. Only miners can split a blockchain and with most of them supporting the Constantinople hard fork, there’s little chance that a split will take place.

After Ethereum ETH took a more than 16% drop from the last couple of days. For some, this was time to sell-off and avoid any risk and for others, it was a buying opportunity, ready to capitalize on the hard fork next week. At its current price, Ethereum ETH is in dire need of some positive news and enthusiasts are hoping this hard fork is the catalyst that gets ETH prices back on track.

Bitcoin BTC Price Analysis

Bitcoin in the last 24 hours has hinted at a possible rally, climbing above $3,700. However, after encountering resistance, the crypto leader has fallen back below $3,700. At the time of press, bitcoin is trading for $3,659, marking a marginal decline. The $3,700 position remains the coin’s key target if a recovery is to remain feasible.

Tron (TRX) Starts New Year with further Progress in Dapps

By

Ponvang Bulus

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January 12, 2019

Tron (TRX) Starts New Year with further Progress in Dapps

The year 2019 started on a good note for cryptocurrencies particularly Tron (TRX) which surged pretty fast to climb two positions among the top ten cryptocurrencies. Although the market has suddenly turned red, Tron is still making significant progress with dapps on their network.

Justin Sun, Tron CEO mentioned today in a tweet that the Tron Blockchain now boasts of 100+ dapps on dapps ranking website DappRaddar and 133 on another ranking website DappReview. Sun is confident that with the upcoming niTron2019 summit and the company’s developers empowerment program, Tron Accelerator, it will soon reach 200 dapps.

Tron Accelerator is one of Tron’s initiatives for wooing developers to the blockchain to push the company towards achieving its goal of internet decentralization. It is a $1 million projects that give developers a platform to submit and build dapps on the Tron blockchain and compete for mouth-watering prizes.

Tron has made it very convenient for developers to troop to its network for the building of dapps. Last year, Bitguild, moved its gaming dapp project bitCitizen from Ethereum blockchain to Tron. This is just one of the projects that moved and more may still move this year with the kind of programs that Sun has in place.

Meanwhile, Tron token TRX has dropped with most of the top ten cryptocurrencies. The market crash started in the last 48 hours and is getting worse, except for stablecoins which are in the green despite the fall. This, however, is of little consequence to Tron as it was built majorly for smart contracts and dapps in which area it is doing well.

In 2018, nearly 100 smart contracts had been deployed on the Tron blockchain despite the bear market that hit the market really hard towards the end of the year. Besides TRX was among the top gainers at times when the market saw intermittent recoveries during the bear market. It even defied the bear market sometimes to experience surges in its price and market capitalization.

Generally, Tron has been very resilient not just in smart contract deployment and dapps building but also in the cryptocurrency market. Obviously, Sun still has plans in store for the company in 2019 and may climb up the ladder to become a top cryptocurrency before the year runs out. It is hopeful that by the time the current crash is over, TRX will climb up really fast to displace some assets at the top like it did in the past.

Improved Desktop Version of Brave Browser Released

By

Ponvang Bulus

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January 12, 2019

The privacy browser Brave, has gone through certain improvements and the version (0.58.21) released today for users to start enjoying the advantages of the new features present. The company announced the release less than an hour ago by press time on the official Twitter handle.

The post reads:

“New Brave desktop release today (0.58.21) with more improvements to Brave Rewards. Now contributions and tips go to Brave Verified creators only, to address the user feedback we received recently.”

According to the announcement, the new upgraded browser has ads and tracker blockers which give users a fast, secure and private browsing experience. Apparently, there have been complaints about how contributions and tips from users who are meant to support content creators are being distributed. The new version will also solve the problem As all, contributions and tips from users will only go to verified creators only moving forward.

The Brave browser is free and open-source, which means many people contribute to developing it, therefore, increasing its reliability. The browser mainly exists to return privacy to internet users when surfing the net thus ensuring their safety from cyber attacks. The browser is linked to cryptocurrency Brave Wallet which uses Basic Attention Token (BAT) to reward users. The browser and wallet work together to reward users who can in turn support content creators directly.

Brave Browser is available for Windows 64 and 32 bit, MacOS and Linux. It is also available for Android and iOS mobile devices. Users can download the updated version of the browser here for all types of devices.

Technology such as the one underlying the brave wallet is needed at this time when internet security has become a serious issue especially for those using cryptocurrencies. There have been reports of several hacks, malware, and cyber jackings that have caused cryptocurrency users hundreds of millions of dollars.

Apart from the privacy it provides, the browser also has a feature that pays you in Basic Attention Token (BAT) if you choose to watch or see ads as you browse. This puts the power of advertising in the hands of the internet using user rather than advertiser and it is something that should be celebrated and encouraged.

The company is looking to create better versions of the browser as time goes by to improve user experience and make the internet safe and friendly for the millions of internet users around the world.

CREAMcoin Hard Fork and Swap to Code Version 0.17.1.0

By

Guest Author

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January 11, 2019

CREAMcoin Hard Fork and Swap to Code Version 0.17.1.0

CREAMcoin Team is turning a new page, a new era begins for our development and project in general, new level and it’s about leaving the past experience behind.

In order to follow the latest blockchain development and latest technological necessities, and to protect investors CREAMcoin assets, we decided to go for a hard fork. New Creamcoin chain will be with much better possibilities for upgrade and integration in many new applications, platforms and hopefully overcome all the doubt and challenges in the future. In that matter, each one of you CREAMcoin holders has to swap your current CRMs with the new CRMs coin.

Why are we doing this?

Many of you asked for the detailed road map of CREAMcoin project, besides the general road map what we have on our official website, we provided our CREAMcoin timeline, which is retrospective of the things what we’ve done so far in CREAMcoin project, and trust us, it wasn’t easy.

Begging with the listing by the community listing on Nova Exchange, which wasn’t in coordination with the CREAM Team, then the online wallet issue because of the API, the BTM development and CREAMcoin integration in it. That was the begging of the main problem. In order to integrate CREAMcoin in the BTM and to release our CREAM Android wallet, twice we did code update and one porting to a higher version, which was not enough to resolve the issues and pursue further development.

The trip to Delta Summit in Malta gave us all the indications and conclusion that we have to go for CREAMcoin hard fork to the latest version 0.17.0.1 and upcoming swap.

Creamcoin new code and specifications

Version 0.17.1.0
Algo: Skein
Block time: 4 min
Maturation: 40 blocks
Tx: 4 blocks
RPC port: 9005
P2P port: 9006
Halving every year

Guide how to CREAMcoin Swap?

Cream Team developed the automatic swap engine between the current old blockchain and the new CREAMcoin chain, or any blockchain in general, which is the new begging of endless possibilities. With this tool you can easily swap your current-old CREAM coins to the brand new chain coins, swapping rate 1:1. Hence no commission is charged for the procedure, other than the standard CREAMcoin cost for the transaction. In fact, users send us your old CRM coins, we burn it and fill up their wallet with the same amount of new CREAMcoin.

CREAMcoin was listed at Maltese based upcoming exchange Raisex.io, which is a game changer for all of us, in a matter of the upcoming swap.

This procedure allows our users to have the same amount of coins as they had coins, thus feeling comfortable.

CREAMcoin Swap process it will be for three months to be completed, so for that reason, the Swap engine is on the separately developed web-page :

https://swap.creamcoin.com

As you know from the information on our Telegram channel we gave you the opportunity to test swapping CREAMcoins in between the current chain.
On the CREAMcoin swap engine you have to send the old coins to the main burning address, and in the same time provide CREAMcoin new address from the new chain.
In order to receive the new coins you have to have new CREAM address generated on the following ways:

You can generate a new address in the new CREAM Windows Wallet, Paper Wallet or address at one of the Exchanges where CRM is listed with the new code.

PLEASE DO NOT USE TO RECEIVE CRM ON A SEGWIT ADDRESS AS FOR NOW.

WALLETS

Download here
Paper wallet
or compile your own using source code.

Exchanges that supports this swap and have new Creamcoin chain are:
Bleutrade
Raisex

The new source code is available on Github:https://github.com/creamcoin/cream

Instructions for installing new CRM Windows wallet:

If you have installed old Cream wallet on your computer and you have coins inside, you don’t want mess right?
Following this short guide will save you a lot of time:
Download new Cream wallet and DO NOT START IT YET !
Go to C:\Users\User\AppData\Roaming
Rename folder Cream to Cream123- before you rename it make sure that you close your old wallet
Only then start new Creamcoin wallet
Choose “custom” location folder for the chain, you can create a new folder.
Click yes and new Cream wallet will launch.
Get back to C:\Users\User\AppData\Roaming and rename back “Cream123” to “Cream”

That’s all. Now you have both wallets on your computer, old and new.

CRM Paper Wallet is available for generation at the following link: https://paper.creamcoin.com/

Just scroll around with the cursor and in few seconds, you will create your CRM Paper Wallet info.

Please make sure that you save you CRM address and CRM Private Key, so you will be able to import it in the regular wallet when you need it.

Using the CRM Swap Engine

https://swap.creamcoin.com/

We recommend to test the engine with a minimum amount of 10 CRMs, and after that, you proceed with larger amounts. The avarage swap time is a CRMs block time 4 min, or might take longer to find CRM block so don’t panic, it might take little longer, make sure that you copy your swap session_id while you are waiting. For swaps larger then 100000 CRMs it’s better to notify one of the admins on CREAMcoin Telegram channel or write an e-mail to creamcoin@gmail.com, where you have to provide the transaction ID from the old chain and swap session_id. The only reason for this is just because we keep the new CRMs in cold storage , and for larger amounts, we have to refill the swap wallet address.
The CREAMcoin swap will end on 1st of April, actually, that’s three months period where we expect to complete the swap from old to the new coins.

2. Generate new address on Bleutrade or Raisex.io where CRM is listed with the new code.

3. It’s not official, waiting for confirmation from Nova Exchange for full support of CRM swap. All other exchanges are notified about the swap and in a reasonable time frame, we hope that CREAMcoin will be updated with the new code on each of them.

Mining Creamcoin

Creamcoin have official mining pool;
http://www.pool.creamcoin.com/

stratums:
low diff: stratum+tcp://pool.creamcoin.com:4444
high diff: stratum+tcp://pool.creamcoin.com:4445
Fire up your rigs on Skein algo and start mining.

Getting the info and support for CREAMcoin Swap

PLEASE DO NOT USE SEGWIT ADDRESS TO RECEIVE NEW CRMs FROM SWAP. CRM SEGWIT IS IN TEST MODE, USE IT ON YOUR OWN RISK.

The CREAM Team has managed to deal with every technical aspect of the swap, and now ready to move to proceed with the swap. However, there is one thing that is almost as equally important as the technical side is the information of our CREAM community.
We don’t want you to stay with the outdated version, do you? Instead, We want you all to switch to a new CREAMcoin.

CREAMcoin support will provide our community mostly on Telegram, smooth support with the fastest possible response, answering any emerging question.
CREAMcoin swap should be convenient and transparent for all CREAMcoin users, providing daily reports with detailed information on the number of coins swapped and burnt.
We wish you a nice, smooth and successful CREAMcoin swap.

CREAM Team

Crypto Market Analysis: XRP, Stellar (XLM) and Binance Coin (BNB), Bullish Breakout Imminent

By

Dennis Wafula

-

January 11, 2019

Crypto Market Analysis: XRP, Stellar (XLM) and Binance Coin (BNB), Bullish Breakout Imminent

A Bearish trend has hit the markets over the last few days, overpowering the Bullish trend that had been put up by the various Altcoins. This has seen most coins turn red on the technical analysis charts. For Ripple, Stellar and Binance Coin, there was a sharp nosedive over the last few days. This same trend has persisted over the last 24 hours with all of today’s focus coins suffering a further setback.

Ripple (XRP/USD)

Over the last 24 hours, Ripple has dropped by 4.45% to the current rate of $0.3325. The Bearish trend saw the 21 days Moving average (marked C), cross over the 7 days moving average yesterday. This formed a contracting triangular pattern as can be seen between B and C. This goes to show the strong Bearish momentum that has hit the markets.

Ripple’s nose-diving has turned investor sentiments negative seeing that the Relative Strength Index (RSI), (marked A) – crossed into the ‘oversold’ area and remained there for a protracted period of time. Despite this being bad news for technical analysts, the coin’s market capitalization enjoyed a boom and hitting the $14 Billion mark.

All indicators point to a downward trend in the short term which may test the current support level of $0.3

Stellar (XLM/USD)

Stellar suffered the fate of most other coins today. It is down by 1.79% and is currently trading at $0.107. All indicators show that the Bearish momentum will soon phase out and head for a bullish rebound. Over the last few days, XLM has gone through a protracted dip as can be seen in the above chart. The previously held support zone was breached and pushed further lower.

Stellar moved into the ‘oversold’ area shortly yesterday and has struggled to find its way up as can be seen in the Relative Strength Index (marked A). Both Moving Averages ( B and C) are also facing downwards which indicates that the Bears are losing grip.

Binance Coin (BNB/USD)

Binance coin started off selling at $6.7427 yesterday and is now at $6.20160. This represents 1.68% loss with indicators showing a price reversal is in the offing. The RSI (A) has bounced back from the ‘oversold’ area and is looking up. Investor sentiments are slowly picking for this coin with a market capitalization of $817,162,483 and strong support at $5.85.

Despite the positive outlook displayed by Binance coin, an upward surge should be expected as if the Bulls can up their momentum.

He Bet $1 Million That Bitcoin Would Hit $50k By End Of 2018, He Lost!

By

Nick James

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January 11, 2019

He Bet $1 Million That Bitcoin Would Hit $50k By End Of 2018, He Lost!

The crypto market may have gone through a rather volatile period over the last few months, but things get thicker when people start losing million dollar bets due to it. Ari Paul is one guy who placed an informal bet and lost big time. Paul works for BlockTower, a crypto hedge fund.

Towards the end of 2017, Paul became opinionated about how far the price of Bitcoin could soar. Mind you, the end of 2017 was the period in which Bitcoin reached its all-time-high price of about $20k. In that sense, anyone could have expected the crypto market leader to score even more gains in the subsequent year of 2018. At the time of his betting, Paul speculated that Bitcoin could hit a cool $50k by the end of 2018. The final date was capped as 28th December 2018.

It Didn’t Happen

The bet Paul made wasn’t really a formal kind of bet where someone could lose or gain money, but rather a speculative form of exposure where he estimated to spend under $1 million to purchase bitcoin call options and buy around 275 Bitcoins at the value of $50k each, with the period counting down from the time the options were purchased and the end of the betting period – which, as earlier stated, ran up to Friday 28th December 2018.

However, Paul’s bet fell through as the crypto market took a bearish toll for the better part of 2018. By the stipulated date, Bitcoin was trading at a measly $3,800, making the bet expressly lost. Asked about it on a call with the Business Insider, Paul explained that the bet wasn’t a definite speculation to state that the Bitcoin price would $50k, but rather an opinion that it could happen. That explanation echoes what he had explained earlier on in an interview with the CNBC back in 2017.

More Bets

Ari Paul isn’t really the first person or institution to announce a bet in the crypto world. There are still some bets in progress made by various other entities. For example, in December, Morgan Creek announced a bet of its own, speculating that the S&P 500 would eventually be outperformed by the Bitwise index fund that’s used for cryptocurrencies.

P2P lending service Lendabit.com reveals its team and Advisors

By

News Desk

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January 11, 2019

P2P lending service Lendabit.com reveals its team and advisors

Presently, the fintech industry is irreversibly facing the era of digitalization, expansion of blockchain and the Internet of Things. In view of these phenomena, peer-to-peer (P2P) lending secured by crypto collateral is conquering the marketplace, thus offering transparency, speed, global access to cryptocurrencies, new opportunities for further growth and development. Blockchain-based P2P lending platform LendaBit.com is a novice fintech startup driven by the idea to implement advanced innovations, adopt next-generation solutions and make the lending process short-cycled, zero-bureaucratic, reliable, blockchain-based, secure and transparent.

LendaBit.com is pleased to present its seed investor and the company’s CEO to the public.

Marat Kichikov

Managing Partner and CEO at BitFury Capital

Marat Kichikov is an expert entrepreneur with more than 20 years of experience in the fintech industry, banking, and consumer lending. After a thorough analysis of the existing cryptomarket and its opportunities, Marat Kichikov shared his idea of crypto-secured P2P lending with Deniss Moscenko, a versatile professional in startup development and strategic management. Deniss Moscenko took the plunge to co-found new and highly competitive fintech startup LendaBit.com. Marat Kichikov, being an adept of the Bitcoin ecosystem and digital transformation, saw how promising LendaBit.com is and made a balanced decision together with other top executives of collaborative investment fund BitFury Capital to become the seed investors of the startup.

Deniss Moscenko

CEO at LendaBit.com

Deniss Moscenko is dedicated to solving company problems using critical thinking skills. He’s been in asset and risk management for more than 20 years in one of the top Latvian banks, where he facilitated process development, improved manager engagement in company affairs and leveraged financial expertise to upgrade corporate policy and procedures. After consultations with Marat Kichikov, Deniss Moscenko realized that it was a perfect chance to fill the crypto market niche with a focus on P2P lending. Having a team of professional IT engineers, designers, and marketing specialists, he co-founded blockchain-based P2P lending platform LendaBit.com to satisfy the urging needs for reliable, speedy and affordable services both for lenders and borrowers. The platform has been designed to remove all unnecessary steps from the lending process and provide more attractive terms.

The prime focus of the LendaBit.com team is customer insight and perfect service quality delivery. By embracing contemporary business models and engaging with blockchain technology, the platform is ready to take the lead in the fintech industry and ensure the highest quality and IT security standards.

For more information on LendaBit.com, please visit https://lendabit.com

Tron (TRX) Succumbs To Bearish Pressure As Massive Sell-Off Extends

By

John Kiguru

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January 11, 2019

Tron (TRX) Succumbs To Bearish Pressure As Massive Sell-Off Extends

A massive sell-off experienced in the last 24 hours has seen all major cryptocurrencies slip below key support levels. The same has seen a growing concern emerge among investors who fear that prices will drop to last year’s low. On December 15, bitcoin dropped to $3,122 following a two-week sell-off. Although the rally that followed since was thought to be a corrective one, there’s now growing concern that the crypto winter is not over yet.

The market tilt towards bears in the last two days has seen many opt out, triggering a massive sell-off. In the last 24 hours, bitcoin has dropped below the $3,600 position and is now trading very close to its 2018 lows. The opinion of many is that the leader has bottomed but as always, there’s no telling what might happen during the weekend. One thing to be optimistic about is that the beginning of the week normally sees a flash of green and this might just boost prices.

With the total market cap now standing at a little over $122 billion, over $16 billion has been lost in the last 48 hours.

For Tron (TRX), the coin is still holding up fairly well following its gains at the beginning of the year. But with every drop in the wider market comes mounting pressure for a sell-off. Tron began the year trading for $0.019 which quickly grew to a new year high of $0.032 as of yesterday.

Tron was yesterday performing exceptionally well, recording substantial gains in a day that saw most coins undergo a bloodbath. Today, the coin has not been able to build on these gains but has rather succumbed to bearish pressure. A price correction from yesterday’s gains has seen the coin drop to $0.025, a drop of more than 8% at the time of press.

Although there is still no clear reason on what has triggered the massive sell-off around the market, a number of reasons have been pointed out as catalysts. One as such is the recent 51% attack on the Ethereum Classic blockchain. This event is rumored to have shaken investor faith on major projects leading some to opt out. Additionally, before the market drop, there was a lack of movement with many coins unable to break key resistance levels, this attracted bears who are now having a play day with prices.

If the market is to recover, the bulls will have to quickly consolidate and especially for bitcoin find a position above $3,700. The weekend will not be ideal for this, but a rally is imminent.