|Day's range||7,472.733 - 7,627.793|
|52-week range||2,822.21 - 10,871.59|
|Volume (24 hrs)||34.93B|
|Volume (24 hrs) all currencies||34.93B|
Crypto exchange Binance's Singapore unit has applied for a license under the country’s new Payment Services Act, which came into force on January 28.The post Binance Singapore has applied for a license under the country’s new payment law appeared first on The Block.
It’s deep red for the majors at the start of the week as the bearish week spills into the early hours of Monday. It could be a messy few days…
It’s a bearish start to the day for the majors, which are deep in the red. Failure to move through key levels by late morning could lead to heavier losses.
After a bearish weekend, the majors are struggling at the start of the week. Bitcoin would need to return to $10,000 levels to resume the upswing.
Aggregated open interest (OI) for Bitcoin futures has surpassed $5 billion on Feb. 13, according to data compiled by The Block. Open interest refers to the value of outstanding futures contracts that have not been settled yet. An increase in open interest signals that more money is flowing into the market and that traders are […]The post Open interest for Bitcoin futures surpasses $5 billion appeared first on The Block.
Bitcoin has endured a 4% slump to the downside after suffering a gruelling rejection from the $10,500 level of resistance. As previously suggested in Coin Rivet's analysis, Bitcoin dropped back below $10,000 on Monday before driving towards the critical $10,500 level. If it can maintain a level of support above $10,000 it would be left in a bullish posture over the remainder of the week. With Bitcoin trading above all major moving averages, coupled with the recent golden cross, it seems like it may continue its trend to the upside over the coming months leading up to May's halving. The Bitcoin halving will see block rewards for miners slashed from 12.5BTC to 6.25BTC per block, which has historically caused Bitcoin'sThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
The Bitcoin held above $10,000 for a few days, and that’s the good news. The ability to stay above the threshold also supports the demand for altcoins.
The Internal Revenue Service (IRS), the tax collection agency of the U.S. government, has removed ether (ETH) and two popular gaming tokens - Fortnite’s V-bucks and Roblox’s Robux - as examples of convertible virtual currencies.The post IRS removes ether and two popular gaming tokens as examples of convertible virtual currencies appeared first on The Block.
Investors can use demographic trends to predict market yields, a new study shows. Researchers from Warwick Business School and Copenhagen Business School found US stock and government bond markets followed surprisingly similar paths since the Second World War. Yields from both markets followed similar 20-year boom and bust cycles as the US population, reflecting changes in the number of young borrowers and middle-aged savers. The findings suggest the widespread practice of splitting portfolios across stocks and bonds may not provide the level of protection previously expected, as both rely on the same population trends. It also means analysts could use census data to forecast long-term market trends. The findings may encourage investors to spread their funds across a more diverseThe post Demographic trends can predict market yields, study shows appeared first on Coin Rivet.
Larry Dean Harmon, CEO of crypto wallet provider DropBit, has been indicted for allegedly laundering $311 million in bitcoin for darknet transactions.The post US authorities charge DropBit CEO for allegedly laundering $311M in bitcoin appeared first on The Block.
It’s a bullish start to the day as the broader market makes a move. Failure to break out from early highs could test investor resilience, however…
BitsMax claims to be run by David Harding, the billionaire founder of Winton Capital. Winton has denied any link and the FCA labelled it a scam.
Nasdaq-listed crypto miner Riot Blockchain is expanding its facility in Oklahoma City by installing over 1,000 Bitmain machines.The post Crypto miner Riot Blockchain expanding its Oklahoma facility appeared first on The Block.
It’s a bullish start to the day for the majors. A move back through the early highs would be needed, however, to maintain the momentum.
Federal Reserve Chair Jerome Powell spoke quite a bit about cryptocurrency in his testimony on Capitol Hill Tuesday.
Decentralized computing platform Blockstack is putting its App Mining pilot program on indefinite pause. The program incentivizes developers in bitcoin to build apps on Blockstack.The post Blockstack to pause its App Mining program due to several ‘structural’ challenges appeared first on The Block.
Crypto exchange Binance’s peer-to-peer (P2P) trading platform has added support for Russian rubles (RUB). It allows users to buy and sell bitcoin (BTC), ether (ETH), Tether stablecoin (USDT) and Binance’s native coin (BNB) directly with rubles.The post Binance’s P2P trading platform adds support for Russian rubles appeared first on The Block.
It’s a bearish start to the day. Failure to move back through to key levels could see the majors give up more of last week’s gains…