|Day's range||6,778.228 - 6,890.005|
|52-week range||2,535.00 - 10,871.59|
|Volume (24 hrs)||15.05B|
|Volume (24 hrs) all currencies||15.05B|
Derivatives exchange giant CME Group has revealed the planned launch date of its options on bitcoin futures. Pending regulatory approval, CME Group plans to launch the product on Jan.The post CME sets date for options product tied to its bitcoin futures appeared first on The Block.
Daniel Matuszewski, former head of Circle Trade, an over-the-counter (OTC) trading desk of cryptocurrency firm Circle, has jointly set up a new proprietary trading firm called CMS Holdings.The post Former Circle Trade head forms a new crypto proprietary trading firm appeared first on The Block.
Stellar’s Lumen continues to find support following Sunday’s rally and Monday’s trend-bucking gain. The rest of the pack are playing catchup.
It’s a mixed start to the day, with Bitcoin Cash ABC in the red. The majors could come under pressure by late morning if key levels are not hit.
Bitcoin derivatives provider Bakkt just logged the largest single-day trading volume of its physically-settled monthly bitcoin futures. The volume hit ~$15.33 million on Friday, passing its previous high of ~$10.25 million on October 25.The post Bakkt's monthly bitcoin futures hit all-time-high of $15M appeared first on The Block.
Bitcoin (BTC) is currently trading at just above $8,700 and has managed to form a strong level of support following a 5% drop in price since last week. Bitcoin has been consolidating since last month after price spiked from $7,500 to over $10,000 before retracing to the $9,000 range. Following a number of lower highs, Bitcoin now seems to be in a confirmed uptrend, with price holding above all its EMAs for nearly a week before a minor dip last Friday. Will BTC recover back to $10,000 and above soon? Let's take a look at Bitcoin's chart. As you can see from the chart above, BTC is now back trading above its 200-day and 50-day EMAs - something that hasn'tThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Cryptocurrency exchange Binance has added support for euro (EUR) for its direct fiat-to-crypto trading facility, according to an announcement Friday. The exchange has also added support for Ukraine’s and Kazakhstan’s fiat currencies - hryvnia (UAH) and tenge (KZT), respectively, as The Block broke the news last week.The post Binance adds support for euro, bringing the total to 5 currencies for its direct fiat-to-crypto trading facility appeared first on The Block.
Giles Coghlan is the Chief Currency Analyst at HYCM, an established global forex and CFD broker and part of the Henyep Capital Markets Group, an international conglomerate with a heritage of over 40 years, first established in 1977.
It’s a bearish start to the day after the pair made solid gains on Sunday. Failure to move back through the morning highs could lead to heavier losses.
Bitcoin bubbles generally tend to grow after a fresh wave of new users join the market. The first registered Bitcoin bubble popped in 2011. This was then followed by a second bubble in late 2013. After that bubble burst, the market had to wait over four years before the biggest Bitcoin bubble of them all exploded spectacularly. In December 2017, Bitcoin reached $20,000 - a record price in the history of any cryptocurrency. But once the bubble burst, the digital asset came crashing down to lows of $3,150. Given that Bitcoin's price is currently around 50% of its all-time high, will we ever see another massive run? Let's take a look at what causes a Bitcoin bubble and whether it'sThe post What causes a Bitcoin bubble? appeared first on Coin Rivet.
It wasn’t long since my plane had hit the tarmac on the Blockchain Island. I arrived at my hotel. They had no record of my booking, the taxi had left, and I had to walk to my new lodgings some 10 minutes away. Not that far, you might say. But that’s perhaps because you haven’t dragged a suitcase across Malta’s charming cobbled streets (or swerved by its not-so-charming gaping chasms in the pavement). In the drizzly November rain. Bobby Lee can be very persuasive I quickly refreshed at the hotel I eventually found with the aid of Google Maps and then rushed to meet Bobby Lee at the Intercontinental. If you’re not familiar with the name, he’s the co-founder ofThe post Bobby Lee talked me out of 50 euros in less than 15 minutes appeared first on Coin Rivet.
It’s a bearish start to the day, with Bitcoin Cash ABC leading the way down. Following Friday’s slide and Saturday’s gains, it could get choppy…
Now that Bitcoin (BTC) seems to have recovered from its most recent bear market, more people are once again interested in mining the popular digital asset. In this article, I will discuss three fundamental principles anyone interested in mining Bitcoin should consider: full nodes, hash rate, and profitability. After all, mining Bitcoin means you are providing a much-needed service to the market: minting new currency by validating blocks. Mining vs running a full node Awesome post by @BitcoinErrorLog! So many ppl still fail to understand who secures btc. Tldr: nodes do. Hence, why the importance of running full validating nodes 💪🏻 pic.twitter.com/kOfCMY1GBQ -- Pedro Febrero (@Febrocas) October 31, 2019 Although you might have heard that mining secures cryptocurrency transactions,The post Three things Bitcoin miners should know appeared first on Coin Rivet.
The crypto bears took a bite out of the majors on Friday. There could be more losses to come should Bitcoin fail to move back to $9,000 levels…
Police in China have arrested Yang Zuoxing, a former employee of cryptocurrency mining chips manufacturer Bitmain and the current CEO of its rival MicroBT, the maker of WhatsMiner bitcoin miners. The post Chinese police arrest former Bitmain employee, who is now CEO of its rival MicroBT appeared first on The Block.
Today the price of Bitcoin is US$8,795.29; Ethereum is US$183.04; XRP is US$0.274926; Tether is US$1.00 and Bitcoin Cash is US$276.43. These are the top five cryptocurrencies by market capitalisation. About the top five cryptocurrencies The top 5 cryptocurrencies are the biggest and most significant cryptocurrencies and constitute the top half of The Top 10 Cryptocurrencies by market capitalisation. Bitcoin In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. The paper outlined a method of using a P2P network for electronic transactions without “relyingThe post Top five cryptocurrencies - latest price appeared first on Coin Rivet.
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
The U.S. Commodity Futures Trading Commission (CFTC) has just given the green light to another Swap Execution Facility (SEF) operated by cryptocurrency startup Tassat, following SeedCX's and LedgerX's SEF registrations. The post Another crypto derivatives exchange wins CFTC nod to offer physically-settled bitcoin swaps appeared first on The Block.
It’s a mixed start to the day for the majors, following a pullback on Wednesday. Bitcoin will need to steer clear of sub-$9,220 to support the majors.
Tether has issued an official response to an updated paper republished early this week by two U.S. academics who claimed a single market whale on Bitfinex likely manipulated bitcoin's surge in 2017.The post Tether responds to academic paper on bitcoin manipulation; calls it 'flawed' and 'embarrassing' appeared first on The Block.
The bears are in control early as Stellar’s Lumen gives up more of its weekly gains. Failure to move through to key levels by late morning could weigh further.
It’s a bearish start to the majors, with Ripple’s XRP seeing heavy losses early on. It could be a bearish day for the cryptos…
Another quarter, another bitcoin sales record for Square Cash App. Square posted a record $148 million in quarterly bitcoin sales for the third quarter of 2019, up ~20% on volumes from last quarter, and up more than 245% since Q3 2018.The post Square Cash App Q3 bitcoin sales topped a record $148 million, up over 245% since last year appeared first on The Block.
The Chinese government has decided not to eliminate the cryptocurrency mining industry from the country in a new final plan. The National Development and Reform Commission (NDRC) of China, a central government agency in charge of formulating macroeconomic policies, has today published a final "Industrial Structure Adjustment Guidance Catalog" – a list of those industries […]The post China decides to not eliminate crypto mining industry in a new final plan appeared first on The Block.