Cryptocurrencies Market Overview - December 06, 2017

Welcome to my Cryptocurrencies Market Overview for Wednesday, December 06, 2017.

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24 Hour Change

Realtime chart on my website CoinMarkets.today

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin daily chart (log scale)

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - December 06, 2017

$13,200: Bitcoin Price Defies All Expectations… Again

The Bitcoin price is continuing on its unparalleled trajectory higher as Wednesday’s new all-time highs reach $13,200.
_{Read more: cointelegraph.com}

More sources about Bitcoin's price:

• Bitcoin breaks above $12000 for the first time (CNBC)
• Bitcoin Climbs to $12000 as Futures Move Closer to Reality (Bloomberg)
• Bitcoin tops $12000 for the first time and is gunning for $13000 (Businessinsider)
• $12,795: Bitcoin's Price Just Gained Over $1,000 in 24 Hours (Coindesk)

Big Fish Entering Bitcoin Waters: All Eyes on December 10 and 18

Generally, joy and optimism are awaiting the new market players that will join the Bitcoin realm, their pockets full of fresh cash to invest and add to the demand, when futures are traded by CME and CBOE on Dec. 10 and 18.
_{Read more: cointelegraph.com}

The cryptocurrency market is now worth more than JPMorgan

Cryptocurrencies' total market value edged up to another record high Wednesday, surpassing that of the U.S.' largest bank.
_{Read more: cnbc.com}

The Next CryptoKitties? The Blockchain Might Not Be Ready

If CryptoKitties didn't come up in every single session at Token Summit II, it came close enough. But the insanely viral trading game running on ethereum was most often cited, not as a success, but as an example of industry challenges. As put forward by developers and entrepreneurs, the world's second-largest blockchain just isn't ready to handle the buying, trading and mating of the crypto felines en masse.
_{Read more: coindesk.com}

Other sources:

• Every Day, More Kitties Keep Ethereum Network Busy

Jack Dorsey’s Square rolls out bitcoin to more of its Cash app users

Square is letting more people buy and sell bitcoin on its Cash app. The payments firm had tested the feature with a number of Cash users last month, and said in a tweet Wednesday that it planned to expand the feature to "more of our most active customers."
_{Read more: cnbc.com}

Mark Yusko Defends His $400,000 Bitcoin Prediction

Mark Yusko, the billionaire investor and founder of Morgan Creek Capital, went on Bloomberg News to defend his prediction that Bitcoin will be worth $400,000 in the long term. Yusko’s now-famous prediction made headlines because of its grandiose scale, and the Bloomberg desk staff had questions.
_{Read more: cointelegraph.com}

Bitcoin Q&A: How do I choose a wallet?

How do I choose a cryptocurrency wallet? Every wallet has different features, transaction customization, fee estimation, levels of security and privacy, and affiliations. The criteria for wallets is different depending on the person, their needs, and risk model.
By Bitcoin expert Andreas M. Antonopoulos.

Dash Aims for Mass Adoption: Announces New Integration, Activates 2 MB Blocks

After remaining quiescent since early September, Dash has enjoyed a substantial run recently. Beginning November 12, the price of Dash shot up from $310 to visit lofty heights above $800. At press time, the currency trades for $750.
_{Read more: cointelegraph.com}

Bitstamp Criticized For Listing Bitcoin Cash as Bcash, Despite Community Outrage

Cøbra, the co-founder and co-owner of massively popular Bitcoin forum Bitcointalk and Bitcoin.org, has criticized a major US-based Bitcoin exchange Bitstamp for listing Bitcoin Cash as Bcash, despite the outrage from the Bitcoin Cash community.
_{Read more: cointelegraph.com}

Bitcoin’s insane energy consumption, explained

The skyrocketing value of Bitcoin is leading to soaring energy consumption. According to one widely cited website that tracks the subject, the Bitcoin network is consuming power at an annual rate of 32TWh—about as much as Denmark. By the site's calculations, each Bitcoin transaction consumes 250kWh, enough to power homes for nine days.
_{Read more: arstechnica.com}

Indonesia's Central Bank Mulls Bitcoin Payments Ban

Indonesia's central bank has revealed that it is considering new regulations that would outlaw bitcoin transactions from 2018.
_{Read more: coindesk.com}

Tokyo Financial Exchange to Begin Planning for BTC Futures

The Tokyo Financial Exchange, one of Japan’s leading financial exchanges, has announced that they will begin preparations for Bitcoin futures offerings at the beginning of 2018. The company boasts some high value trading partners like JP Morgan Chase and Barclays.
_{Read more: cointelegraph.com}

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