| 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $16,834 | Bitcoin price has kicked off the week yet again with low volatility, as analysts predict larger moves are on their way to the market. | Top-20 altcoins have seen mixed performance over the last 24 hours, as Ethereum gains half a percent, BNB remains almost unchanged and Litecoin stand out with a 6% gain. | Top Stories for December 26, 2022 🔥 | | A severe storm in North America caused Bitcoin miners in the US to power down, resulting in a 40% drop in the Bitcoin mining hashrate. | The practice of powering down, known as curtailment, is used by miners to support electricity grids by reducing demand during times of high demand, such as during storms. | The storm led to the deaths of at least 37 people. Major mining pools and companies curtailed operations during the storm. | | "HODL-only" Bitcoin addresses are approaching the 1 million mark, while the balance they contain is nearing record-highs. | The addresses, also referred to as "accumulation addresses" are defined as addresses that have at least 2 incoming (non-dust) transfers, and have never spent funds. Miner wallets are excluded from the statistic, as are addresses last active 7 or more years ago. | Accumulation addresses contained a total of 3,099,828 BTC as of Christmas day, in 793,591 addresses. | | BitKeep, a cryptocurrency wallet provider, has experienced a hack in which $8 million in assets were stolen. The hack appears to have occurred through unofficial downloads of the company's APK package. | BitKeep has urged users to transfer their funds to a wallet downloaded from an official store and to create a new wallet address. The company has also advised users to keep their mnemonic phrases safe and has offered to assist affected users in finding a solution. |
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