Yesterday's decline updated the annual minimum. After a short correction, the decline will continue, but not as dynamically.
Last week, someone from a single address moved more than 35 million Litecoin tokens in 24 hours, representing 60 percent of the coin's total market capitalization. However, trading on crypto platforms has nothing to do with this transaction. It is possible that this is an over-the-counter transaction.
According to a press release from Cointelegraph, major Singaporean cryptocurrency platform Huobi has received a so-called distributed ledger technology (DLT) license in Gibraltar.
The current bearish market trend, which has been going on since early November, does not seem to have affected the largest Ethereum whales at all. According to a Diar report dated December 3, 2018, this year was the most profitable for whales actively involved in the trade. According to Diar, by the end of the year, whale crypto assets grew by 80%.
With selling pressure continuing, it is likely that many of the altcoins will fall to new lows in 2018.
This morning, bearish momentum pushed prices to new lows. The price recovery may not last long; the decline will soon continue.
Ripple received registration on one of the world's most popular crypto exchanges. Singapore-based crypto platform KuCoin has announced the listing of the XRP token, developed by US firm Ripple Labs, on its trading platform.
A pilot version of the SWIFT interbank financial system on the blockchain was launched. It is designed to eliminate payment delays due to errors in legacy systems.
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