BTC-GBP - Bitcoin GBP
| Previous close | 9,267.38 |
| Open | 9,267.38 |
| Day's range | 9,221.67 - 10,209.67 |
| 52-week range | 2,507.13 - 10,209.67 |
| Start date | 2009-01-03 |
| Algorithm | SHA-256 |
| Market cap | 175.745B |
| Circulating supply | 17.78M |
| Max supply | 21.00M |
| Volume | 15,357,871 |
| Volume (24 hrs) | 27.27M |
| Volume (24 hrs) all currencies | 6.37B |
- Yahoo Finance•17 hours ago
Stephen Moore, who was in consideration for the Fed, is considering joining a 'crypto central bank'
Economist Stephen Moore eying bitcoin and cryptocurrencies for next move.
- FX Empire•5 hours ago
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 26/06/19
Litecoin trails the pack early as Bitcoin’s return to $12,000 levels spurs the majors into action early on. It could get choppy…
- The Block•11 hours ago
CFTC trading data shows many are shorting CME bitcoin futures
Despite the recent bitcoin price spike, big traders are bearish, according to a report from the Wall Street Journal. The outlet reported data from the Commodity Futures Trading Commission showing managers holding 14% more short positions in CME bitcoin futures last week than long positions.The post CFTC trading data shows many are shorting CME bitcoin futures appeared first on The Block.
- The Block•19 hours ago
Skeptic’s lens: Volatility is a feature, not a bug?
Apart from being a censorship-resistant store of value, Bitcoin’s main use case is trading. What most people, including the media, don’t understand is that's not inherently a bad thing. The post Skeptic's lens: Volatility is a feature, not a bug? appeared first on The Block.
- Coin Rivet•21 hours ago
Bitcoin’s mining hash rate hits new all-time highs
Bitcoin's mining hash rate has reached an all-time high of 65,000,000 TH/s following positive price action that has seen the asset's total market cap rise above $200 billion. This level is now firmly above its mid-2018 highs of nearly 60,000,000 TH/s. Following Bitcoin's parabolic move to the upside over the past few months, the total daily block and transaction reward paid to miners has also seen an almost five-fold increase, rising from under $5 million to currently above $25 million a day. This new all-time high means Bitcoin's hash rate has completed a dramatic reversal after falling to almost half its current total during the December 2018 capitulation in BTC price. $2 billion in online hardware Based on estimates from LitecoinThe post Bitcoin's mining hash rate hits new all-time highs appeared first on Coin Rivet.
- Coin Rivet•yesterday
100x leverage is coming to Bitfinex
Bitfinex CTO Paolo Ardoino has teased on Twitter that the popular cryptocurrency exchange will soon offer up to 100x leverage. At the time of writing, the maximum leverage on Bitfinex is set at just 3.3x. By seasoned margin trading standards, 3.3x leverage is quite tame, with popular crypto derivative exchanges like BitMEX building their reputation on the ability to trade up to 100x leverage. At this level of leverage, only a 1% move against you would 'liquidate' your position - a level of volatility seen most days in the crypto markets. 👀🦁 pic.twitter.com/kBgPsGyOL3 -- Paolo Ardoino (@paoloardoino) June 24, 2019 The maximum leverage used when opening a trade typically refers to the leeway you have to lose on a tradeThe post 100x leverage is coming to Bitfinex appeared first on Coin Rivet.
- FX Empire•yesterday
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 25/06/19
It’s a mixed start to the day for the majors, with Ripple’s XRP trailing, though expect Ripple’s XRP to find support should the pack continue gain.
- The Block•2 days ago
Correlation between cryptocurrency prices is decreasing, but still strong
Cross-asset correlations are still high, but they seem to be decreasing, according to new analysis by The Block. A major issue for cryptocurrency investors is the inability to truly diversify their cryptocurrency holdings.The post Correlation between cryptocurrency prices is decreasing, but still strong appeared first on The Block.
- The Block•2 days ago
Coin Metrics report: Blockchain activity shows Kik’s claim that Kin is more widely used than Bitcoin or Ethereum is inaccurate
Cryptoasset data provider Coin Metrics has released a report showing Kik's claims about its level of blockchain activity and adoption rates for its cryptocurrency Kin are inaccurate.The post Coin Metrics report: Blockchain activity shows Kik's claim that Kin is more widely used than Bitcoin or Ethereum is inaccurate appeared first on The Block.
- Coin Rivet•2 days ago
Kraken exec believes that institutional money is coming to Bitcoin ‘whether they realise it or not’
At the recent CryptoCompare conference in London, Coin Rivet had the chance to catch up with Kraken employee Austin Alexander, who shared his thoughts on the entry of institutional money into the decentralised asset economy. Austin started out by telling us that institutional money will come eventually because Bitcoin will continue to grow as it’s “the best money that’s ever been created”. He said: “If they want to come now or they want to come next year or they want to wait 10 years, the sooner the better for these institutions. But there’s infinite fiat out there. There’s infinite slave money, so that’s great.” The Bitcoin OG and co-founder of the New York Bitcoin Centre reminded us that “there’s only 21 millionThe post Kraken exec believes that institutional money is coming to Bitcoin 'whether they realise it or not' appeared first on Coin Rivet.
- The Block•2 days ago
Mad Crypto: Libra was just the cherry on top of this rally
This post first appeared in Frank Chaparro’s weekly column “Mad Crypto,” which is sent to Genesis members’ inbox every Monday morning. The post Mad Crypto: Libra was just the cherry on top of this rally appeared first on The Block.
- Coin Rivet•2 days ago
Bitcoin: The route to $10 million
A Reddit user has posted his version of the maths required for a future $10 million Bitcoin valuation. His assumptions are based on a number of factors including the global amount of millionaires, a $260 trillion stock and derivative market, and Bitcoin's intrinsically scarce supply schedule. BuyBitcoinWhileItsLo started his post by reminding people about the "fundamental fact that only 21 million Bitcoins will ever exist", and that unlike the dollar (which can be printed continuously forever), a Bitcoin is infinitely divisible - "So no matter how expensive one coin gets, infinite fractions of it can be purchased and used." 'They all can't grab a full Bitcoin' BuyBitcoinWhileItsLo estimated that "there are 36 million millionaires in the world today", and "byThe post Bitcoin: The route to $10 million appeared first on Coin Rivet.
- Coin Rivet•2 days ago
Latest Bitcoin price and analysis (BTC to USD)
Last week, when I wrote my usual Monday BTC price analysis, Bitcoin was trading close to $9,200. At the time of writing, Bitcoin (BTC) is trading just below $11,000 after price climbed 16% from $9,200 to $11,070 in just a couple of days. It seems the hypothesis that weekends are good for Bitcoin is indeed true, as BTC consolidated above the key $11,000 level during Saturday and Sunday before a dip going into Monday morning. My gut tells me this is what we've all been waiting for. Will Bitcoin maintain its weekend gains during the next few weeks? Has the bull market officially begun? Bitcoin/USD Bitcoin has experienced a major rally that has taken its price upwards close to 34%The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
- FX Empire•2 days ago
DASH Technical Analysis – Support Levels in Play –24/06/19
DASH tracks the majors into the red as a late Sunday pullback spills into the early hours. A move through to $173 would signal a rally.
- FX Empire•2 days ago
The Crypto Daily – The Movers and Shakers 24/06/19
It’s red across the board for the majors as profit-taking kicks in. It could get messy if Bitcoin slides to sub-$10.400 levels.
- FX Empire•3 days ago
The Crypto Week – Bitcoin Hits $11,000 to Dominate the Market
Bitcoin hits $11,000 in a particularly bullish week for the cryptomarket, that drove the total market cap back through to $300bn levels.
- FX Empire•3 days ago
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 23/06/19
It’s a mixed start to the day saw Litecoin lose more ground against the majors. The rest of the pack were on the move early on.
- FX Empire•5 days ago
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 21/06/19
The majors are on the move. Is this the breakout the bulls have been looking for or just an extension of late Thursday’s recovery…
- Coin Rivet•4 days ago
Circle K adds Bitcoin ATMs to 20 convenience stores
US-based crypto venture DigitalMint has teamed with convenience store chain, Circle K, installing 20 Bitcoin ATMs across Arizona and Nevada as part of a pilot programme. “We are thrilled to be partnering with a respected organisation like Circle K,” says Marc Grens, President and Co-Founder, DigitalMint. “This opens the door for massive expansion of Bitcoin access to new markets around the globe.” Customers can buy up to $20,000 in Bitcoin per day. DigitalMint charges 12% of a transaction, although rate reductions are available. The Arizona ATMs are located in Phoenix, Mesa, Tempe, Tucson, Flagstaff, Surprise, Maricopa and Nevada ATMs in Las Vegas. DigitalMint says that the partnership makes it the largest Bitcoin ATM and PoS operator in the US. It currently hasThe post Circle K adds Bitcoin ATMs to 20 convenience stores appeared first on Coin Rivet.
- Coin Rivet•4 days ago
First $10k, then $11k as Bitcoin enjoys super Saturday
After breaking $10,000 for the first time in over a year, Bitcoin has now sped past the $11k mark, according to Coin360. Trading Bitcoin - FOMO is Upon Us, $10k Gone in Blink of an Eye… Now at $11k… What do Charts Say… & should have Q&A time from @PorcFest https://t.co/4dbbCRLcUc -- Tone Vays [UnderstandBit] (@ToneVays) June 22, 2019 "We're due a significant correction" At the time of writing, it is up 12.81% on the day and trading at $11,063. And it gets better…’FOMO’ could take Bitcoin from $9,000 to $20,000 within months, Fundstrat Global Advisors Co-founder Tom Lee told CNBC this week. “I think it is easily going to take out its all time highs,” he declared. Not everyoneThe post First $10k, then $11k as Bitcoin enjoys super Saturday appeared first on Coin Rivet.
- Coin Rivet•4 days ago
Ripple CEO sounds off on Bitcoin, Libra and blockchain balderdash
Bitcoin and XRP are not competitors, Ripple CEO Brad Garlinghouse said in a Fortune interview this week. The former is a store of value or “digital gold,” while XRP is a “bridge currency” that enables an efficient solution for fiat-to-fiat transfers, he argued. "I own Bitcoin, I'm long Bitcoin. I think Bitcoin is a store of value and people hold it." Garlinghouse went on to state that there will not be one single cryptocurrency to “rule them all". And he also noted that there is “a lot of bullshit in the blockchain and crypto market." By way of example, he flagged up a recent CNBC article entitled 'Facebook Launches Cryptocurrency'. Facebook has done nothing of the sort, Garlinghouse pointed out. RatherThe post Ripple CEO sounds off on Bitcoin, Libra and blockchain balderdash appeared first on Coin Rivet.
- Coin Rivet•4 days ago
Bitcoin hits $10,000 and heads for all time highs
Bitcoin has broken $10,000 for the first time in over a year, according to Coin360. Kudos to regular Coin Rivet contributor Jon Walsh for calling this one in early June. Call me mental, but I can feel a sharp parabolic style price increase to $10k for BTC in the next four weeks. Let’s see… -- Jon Walsh (@walshjonwalsh) June 4, 2019 At the time of writing, it is up 9.91% on the day and trading at $10,693. And it gets better…'FOMO' could take Bitcoin from $9,000 to $20,000 within months, Fundstrat Global Advisors Co-founder Tom Lee told CNBC this week. “I think it is easily going to take out its all time highs," he declared. Not everyone is getting outThe post Bitcoin hits $10,000 and heads for all time highs appeared first on Coin Rivet.
- FX Empire•4 days ago
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 22/06/19
The bulls were firmly in control going into the weekend, with Bitcoin striking $10,000, the cryptomarket is on high…
- The Block•5 days ago
An analysis of Wrapped Bitcoin
Wrapped Bitcoin (WBTC) is an Ethereum token launched on Jan. 31 as an attempt to bring the liquidity effects of bitcoin (BTC) into the Ethereum ecosystem.The post An analysis of Wrapped Bitcoin appeared first on The Block.
- Coin Rivet•5 days ago
Why I think Facebook and Libra may be a good thing
So now the old guard of the big tech companies have announced their intention to join the new world of blockchain and cryptocurrency. It was only ever a matter of time. But what does this mean for Bitcoin, and the wider blockchain space? There is a huge amount to unpack from the white paper, so I’m not able to breakdown the whole lot, but my view today is that through Libra and Facebook, the words “blockchain” and “cryptocurrency” will start to become more trusted and a more comfortable lexicon for those not currently anywhere near this space – this is a good thing overall for the industry… First let’s get clear on the distinctions between Libra and Bitcoin; Bitcoin isThe post Why I think Facebook and Libra may be a good thing appeared first on Coin Rivet.
