Promising Сoins in 2019 or Is It Not Too Late to Buy Crypto?

Bitcoin and some altcoins have already helped their early investors to become dollar millionaires. After the last year’s cryptocurrency boom and the deep correction in 2018, many people consider that it is too late to invest into digital coins. But in this article we will dispel this misbelief, and also talk about specific coins that have the greatest chance to be successful next year.

Content:
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  1. Why it is not too late to enter the market
  2. The most promising coins of the next year
  3. Conclusion

1. Why it is not too late to enter the market

If to look at the situation from a global perspective, you can see that the cryptocurrency industry is still at a very early stage of its development. As of now the historical maximum of the entire market capitalization equals a little more than 800 billion dollars. On a global scale, this is an absolutely small value, for example, the capitalization of the Apple company only exceeds the mark of 1 trillion dollars. As of mid-October 2018, after a protracted correction, all cryptocurrencies are valued at only 200–220 billion dollars (taking into account the volatility). Based on this information, we can easily claim that digital coins still have fairly high liquidity in a long- term perspective.

2. The most promising coins of the next year

According to CoinMarketCap’s global rating, there are now a little over 2,000 different coins and tokens on the market. Unfortunately, not all of them have real value and at least some future perspectives. We will not talk about specific coins that will definitely give the cherished X’s next year, since making such statements is nothing more but an attempt to predict the future. We only have identified TOP-5 promising coins, which are more likely to go up in price next year, so let’s start.

Ripple

This project cannot boast of a stable rate, but it has a big number of major partners who already successfully use its technology. This coin focuses on banking sector, it has a huge throughput capacity and very small commission fees. Last year, the coin showed a stunning dynamics, its rate has increased almost 600 times. The coin has a great chance to become a mediator who will connect cryptocurrency industry and banking sector. In this case, the price of XRP tokens can reach a fundamentally new level.

Ethereum

Now Vitalik Buterin`s “brainchild” is not experiencing the best of times. The coin rate is about 200 dollars. However, do not forget that Ethereum has a good reputation and still remains the largest decentralized platform in the world. The development team certainly has to solve a lot of problems (scalability, inflation, etc.), but the project has good chances for a bright future.

NEO

The Chinese analogue of ETH, which is often called the crypto-yuan. Asian market is one of the largest markets in this industry, so the project has all the chances to firmly consolidate itself in TOP 10 leaders in the near future.

IOTA

This project is an innovative micro-payment system without transactions. For this reason, IOTA is a very fast and also very trusted system. Recently, the coin has found major partners (for example, BOSCH company), which speaks of its real value.

Bitcoin

It may sound strange, but Bitcoin is the engine for the entire cryptocurrency market. BTC has the largest number of users, its capitalization is more than 50% of the entire cryptocurrency market. Taking into account that the mining complexity is growing, and the award is decreasing, this will lead to a lack of the coins in the future, which will positively affect the coin rate. Bitcoin statistics for 2018, like in case of the overwhelming majority of coins, is sad, but among all the coins presented BTC has the biggest chances of recovery.

3. Conclusion

There are a big number of different cryptocurrency projects on the market, but not all of them have future. In order to feel more comfortable on this very unpredictable market, it is better to diversify your risks and purchase 10-20 different coins. Such approach will help to protect your investment from huge losses.

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Malware From The Pirate Bay May Hijack Website To Steal Crypto

The movies downloaded from The Pirate Bay bring a malware to the user’s computer. That was the conclusion reached by a security researcher, with the nickname  0xffff0800 in Twitter. He told that when he downloaded a movie ‘The Girl In The Spider’s Web’ from TPB, a .LNK shortcut with CozyBear malware got to his computer.

However, the Cozy Bear malware is just a decoy, the real thing that brings damages is Powershell commands. Once the malware reaches the computer, it carries out malicious actions, like disabling Windows Defender and installing viral extensions in Firefox and Chrome browsers. Moreover, it edits the appearance of the website on the user’s computer.

The movie is an application itself which links the computer to the external malicious servers.

Source: Bleeping Computer

Moreover, the newly installed viral extensions can modify the JavaScript code and add some advertisements to the main page, like it is shown below.

Source: Bleeping Computer

What is the most dangerous is that the malware can edit the appearance of the web page and add or change the information without the user’s awareness, this ability allows the malware to steal the crypto. For example, if the user open Wikipedia page on a compromised system, he/she is likely to see the message saying “Wikipedia now accepts donations in form of bitcoin” and a ‘DONATE’ sign. All the donations will go to the hacker.

Source: Bleeping Computer

In addition, the malware is able to change crypto wallet addresses provided on the pages. Unfortunately, you will not even notice how the hacker stole your money.

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Cryptocurrency Prices Today, January 18: Cryptocurrencies Are Relatively Stable

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the Coingecko online platform, Bitcoin (BTC) added 1% over the past 24 hours. The price at the time of writing is $3611 per coin.

Cryptocurrencies are demonstrating both slight increase and decrease:

Bitcoin Cash added 0.61% over the past 24 hours and costs $129 per coin;

Ripple grew by 0.21% and costs $0.32;

EOS increased by 2.72%, and its price is $2.51;

Litecoin gained 1.1%, and its value is $31;

Cardano added 1.62%, and its cost is $0.046;

Stellar gained 2.44% and costs $0.10;

IOTA increased by 5.41%, and its cost is $0.31;

Dash grew by 2.21%, and its price $72;

Monero became more expensive by 0.35% and costs $45.

Over the past 24 hours, Ethereum added 0.66%. The rate of the coin is $123.

The total market capitalization is $122 billion. Bitcoin accounts for 52.4% of the total volume. In monetary terms, this is $64 billion.

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BitPay Transactions Surpasses $1B in 2018, B2B Payments Records 225% Increase

BitPay is a US-based bitcoin payment provider which has recently announced its financial results of the past year. The company has processed over $1 billion in transactions alone. Moreover, its B2B payments record 225% increase in compare to 2017.

The main reason of such a lift-off is that Bitpay added a lot of new clients, like Dish Networks, HackerOne, and the State of Ohio, as well as many other law firms, data center providers, and IT vendors.

The CEO of BitPay, Stephen Pair, commented on this development:

“BitPay’s B2B business continues to grow rapidly as our solution is cheaper and quicker than a bank wire from most regions of the world. To process over a $1 Billion for the second year in a row despite Bitcoin’s large price drop shows that Bitcoin is being used to solve real pain points around the world.”

BitPay mostly supports Bitcoin transactions, however, it also supports payments with Bitcoin Cash, Gemini, and Paxos. During that year a lot of companies had to lay off their employees due to the market situation, yet, Bitpay conversely increased its manpower by 78 percent in the past year.

In addition, BitPay is attractive to the investors, in 2018, it raised $40 million in Series B funding round taking the total raised capital to $70 million.

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Is Bank of America Going to Cooperate with Ripple?

As we all know, the crypto market is still in a deep recession. The collapse of cryptocurrencies at the end of last year negatively influenced all coins, however, some of them suffer less than others.

One of such coins was Ripple. Not only did it manage to outrun Ethereum in the rating, its blockchain platform keeps being implemented widely by the world’s largest companies in various spheres.

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Ripple: 13 Financial Institutions Have Joined RippleNet, Surpassing 200 Customers All Over The World

Recently, there appeared rumors on the Internet, saying that the second largest financial institution, Bank of America, might be considering forming a partnership with Ripple Labs and incorporating the blockchain technology into its system, according to Fintech News.

Currently, the bank is using SWIFT technology for international transactions, which proved to be quite inconvenient, slow and insecure.

It is still unclear whether Bank of America wants to fully apply Ripple technology or create a similar app, but its main intention is to let the customers make transaction between various banks in a safer and easier way.

Neither of the sides have officially commented on the matter so far.

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Cryptocurrency Prices Today, January 17: Cryptocurrencies Are on the Border of the Red and Green Zones

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coingecko, Bitcoin (BTC) lost 0.8% over the past 24 hours. The price at the time of writing is $3582 per coin.

Some cryptocurrencies slightly decreased, others added in price a little:

Bitcoin Cash lost 2.6% over the past 24 hours and costs $126 per coin;

Ripple dropped by 1.1% and is $0.32 in rate;

EOS added 0.34%, and its price is $2.44;

Litecoin decreased by 2.66%, and its value is $30;

Cardano grew by 1.3%, and its cost is $0.044;

Stellar fell by 1.73% and costs $0.10;

IOTA lost 3.42%, and its value is $0.29;

Dash dropped by 0.52,% and its price is $71;

Monero became more expensive by 1.21% and costs $45.

Over the past 24 hours, Ethereum lost 2.17%. The exchange rate of the coin is $121.

The total market capitalization rose to $121 billion. Bitcoin accounts for 52.4% of the total volume. In monetary terms, it is $63 billion.

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Crypto Exchange Bittrex Partners With Bitsdaq To Conquer Asia Market

One of the biggest US-based cryptocurrency exchanges, Bittrex, announced that it was partnering with Bitsdaq to open a special trading platform in Asia. This platform will provide different digital assets to the Asian investors.

Moreover, Bitsdaq will operate on Bittrex technology and will be built based on Bittrex’s experience in the blockchain.The platform will allow users to trade various digital tokens, including tokens a available on the Bittrex exchange.

The Chairman and CEO of Bitsdaq, Ricky Ng, said:

“We are honored to bring Bittrex’s extensive cryptocurrency options to the Asia market.….It takes a unique combination of advanced technology and financial expertise to launch an efficient, reliable and secure platform for trading digital assets in Asia. We found the ideal partner to help provide a safe environment for our customers and the entire community.”

In accordance with the statement, the Bitsdaq platform will control a lot of things connected to the management of the platform, such as customer support, marketing, sales and customised development. In addition, it will take care of customer operations.

The day of the launch is yet to be announced, though customers can pre-register for an account on Bitsdaq’s website.

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