"Crypto winter" / Paraguay mining operation on track / Nasdaq to list bitcoin futures

Subscribe | View in browser $BTC (12:45 p.m. EST): $3,726.92 (-1.83%) // 90-day high: $7,382.19 // 90-day low: $3,604.14 / / More… $BCH ABC (12:45 p.m. EST): $174.12 (-3.87%) // 90-day high: $703.41// 90-day low: $157.32 // More… $ETH (12:45 p.m. EST): $106.27 (-2.50%) // 90-day high: $365.71 // 90-day low: $98.42 // More… $LTC (12:45 p.m. EST): $29.63 (-0.30%) // 90-day high: $74.80 // 90-day low: $27.23 // More… $XRP (12:45 p.m. EST): $0.348 (-2.21%) // 90-day high: $0.61 // 90-day low: $0.26 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Bitcoin's price bounced back up Monday after a 14-month low, but investors are generally bearish and will likely continue to be through "crypto winter." While some have suggested that it's "a foregone conclusion" that bitcoin's continued drop in price will only continue through the last day of the month on Friday, there is some cause of hope. After falling to $3,474 on Sunday, the price briefly bounced back up 15 percent at one point on Monday, though that may have just been a "dead cat bounce." If the price continues to sink through the week, BTC could do something it hasn't done since October 2014: decline in price for four consecutive months. One analyst suggests the price will oscillate between $3,000 and $5,000 for three to six months. – CCN       2. Rumors of a bitcoin mining "death spiral" have been greatly exaggerated, says a bitcoin entrepreneur. As BTC expert Matt Odell writes on Twitter, the difficulty adjustment means that as miners shut off their equipment, this only increases the profitability for those miners who remain. As prices of crypto-currency drop, planned major mining projects like the Commons Foundation's Golden Goose project in Paraguay have been rumored by commentators to be in trouble due to ever-decreasing profitability. But the Commons Foundation issued a release saying they are guaranteed 15 years of clean power from the Paraguayan government, and they're still building "the world's largest cryptocurrency mining center and global exchange." – BITCOINIST       Vettery is building a more accountable hiring process. Vettery aims to make the recruiting process more transparent for job-seekers and hiring managers, across the board. With intuitive search and collaborative tools, cut down your time to hire and discover top-notch tech talent today. Try Vettery       3. The Nasdaq is still going ahead with its plans to list bitcoin futures on the exchange in 2019. In a sign that institutional investors remain confident in the future of crypto, sources tell Bloomberg that Nasdaq Inc. is moving forward, and the Nasdaq futures "will be based off the bitcoin's price on numerous spot exchanges, as compiled by VanEck Associates Corp." New York Stock Exchange parent company Intercontinental Exchange (ICE) is also planning to list bitcoin futures on its Bakkt platform starting in January, as previously announced. – BLOOMBERG       4. A number of bitcoin wallets appear to have been compromised due to the injection of malware in BitPay's open-source wallet, Copay. The incident is being tracked on Github, and it involves "a Node.js module called event-stream" that is used in millions of web applications, including Copay. With two million weekly downloads by programmers, the compromised NPM module could have gone far and wide, and the malware is set to steal bitcoin where it's installed. The issue has since been patched, but all engineers are being put on high alert. – CCN       HHHEEEELLLLOOOOOO!!!!! Your remote folks are sick of being ignored in meetings. So stop it … please … #ForPetesSake Watch the video.       5. A lawsuit was filed last week in California against crypto mining giant Bitmain accusing the company of mining cryptocurrency for its own benefit on its customers' devices. – COINTELEGRAPH 6. Crypto investor Anthony Pompliano echoed some other analysts saying that despite its volatility, bitcoin and other cryptocurrencies remain "the best performing asset class over the past ten years." – COINTELEGRAPH 7. As crypto markets plummet, bitcoin's dominance over five other major currencies has only increased. – FORBES 8. Ethereum co-founder Vitalik Buterin suggests that IBM and other big corporations' forays into blockchain have been misguided. – NEWS BTC 9. Three hackers were arrested on Monday in Bulgaria on suspicion of the theft of $3 million in cryptocurrency. – COINTELEGRAPH 10. We learned yesterday that Ohio is accepting bitcoin for tax payments, but NBC News would like you know you can also buy wine and fix your car with it now. – NBC NEWS       Written and curated by Jay Barmann, who also edits Inside Social and Inside Beer, and spent three and a half years as Editor in Chief of SFist.com, the San Francisco branch of Gothamist. As a freelance writer he has also written for SF Weekly, 7x7, Curbed SF, Eater SF, New York Magazine, and San Francisco Magazine, among others, and in his spare time he edits the blog OpeningNightSF. Follow him on Instagram at @conflator or Twitter at @jaybarmann. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Capitalize on the economic opportunities offered by blockchain technology with MIT Sloan.

We're Hiring! Learn more. | Sponsorship opportunities Copyright © 2018 Inside.com, All rights reserved. Our mailing address is: Inside.com 767 Bryant St. #203 San Francisco, CA 94107 Did someone forward this email to you? Head over to inside.com to get your very own free subscription! You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.