|Day's range||7,763.12 - 8,033.76|
|52-week range||3,169.53 - 8,485.71|
|Volume (24 hrs)||331.36M|
|Volume (24 hrs) all currencies||3.27B|
Bitcoin can be viewed as an uncensorable form of money that can be sent by anyone to anywhere in the world. It can be sent much cheaper and more quickly than traditional methods, thereby improving cross-border payments and bypassing third parties. Bitcoin isn’t the only cryptocurrency capable of this feat either. The current predicament In an increasingly globally-connected world, sending money from one person to another, from one bank to another, and from one country to another has proved difficult. Large fees can be applied and the process can take days to clear. There are a few reasons for this. Firstly, the movement of money can be contentious. Anti-money laundering laws are in place so that criminals are not able The post How can cryptocurrency improve cross-border payments? appeared first on Coin Rivet.
There’s been much talk around cryptocurrency networks recently, especially with the expected launch of traditional media platform cryptocurrencies such as the Telegram Coin, JPM Coin, or the potential Facecoin (or Facebook Coin, if you want to take the fun out of it). There is, of course, another side to the coin. With the launch of more and more cryptocurrencies, how can users value each token? Should we use traditional financial metrics, such as the ones we use to evaluate stocks, based on cash flows, revenues, or equity? Or should the analytics models be based on different attributes, such as the value of the network, utility metrics, and transaction speed? Let’s begin our analysis by looking into how the current internet The post The economy of cryptocurrency networks appeared first on Coin Rivet.
Button Wallet, which launched at the end of 2018, has announced that it has already surpassed 100,000 users. The Moscow and Los Angeles-based start-up has seen a rapid rise in popularity in just a few months, underlining the growth in messenger apps. Button, which has also now added fiat capability to its app, comes pre-installed on Telegram, allowing users fast access to trade standard currency and an array of cryptocurrencies. Users can trade BTC, BCH, ETH, ETC, LTC, Waves, Dai, and ERC-20 tokens within the app without incurring external fees. Its rise is also reflective of a growing desire for wallets that do not store any user information, passwords, or QR codes. Confusing processes Alex Safonov, Button’s CEO, said Telegram The post Start-up crypto wallet ‘Button’ clocks up 100,000 users appeared first on Coin Rivet.
Canada has a fairly high adoption and awareness rate for cryptocurrencies, especially Bitcoin. It also has an active crypto community and authorities who support the development of blockchain technology. So if you want to know how to buy Bitcoin in Canada, there are plenty of options – from top-rated cryptocurrency exchanges to Bitcoin ATMs. Around 85% of Canadians are aware of Bitcoin, and more than half of the population owns digital currencies. In addition to these eye-opening statistics, the Canadian government is open to cryptocurrency exchanges and blockchain-based start-ups. Canada has pretty clear laws and regulations for cryptocurrency owners and traders. Not only does the government make it easy for citizens to report earnings and pay taxes, but it also The post How to buy Bitcoin in Canada appeared first on Coin Rivet.
What is the Fee Ratio Multiple?The Fee Ratio Multiple (FRM) was created by The Block’s analyst, Matteo Leibowitz, as a way to measure the security of a Proof-of-Work chain.The post On-chain activity: Bitcoin's Fee Ratio Multiple drops as price rises appeared first on The Block.
Today the price of Bitcoin is US$7494.11; Ethereum is US$252.26; Ripple is US$0.397098; Bitcoin Cash is US$410.02 and EOS is US$6.26. These are the Top 5 cryptocurrencies by market capitalisation. About the Top 5 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 “relying The post The Top 5 cryptocurrencies latest price appeared first on Coin Rivet.
Fundstrat’s head of research Thomas Lee has taken to Twitter to outline the 14 reasons why he believes the bear market in crypto is over. As entry number 14 on the list, Lee retweeted bullish stats posted by BitMEX CEO Arthur Hayes and claimed: “Confirmed – Crypto winter over.” The regular Bitcoin analyst said that high liquidity exchanges like BitMEX “have insights into the positioning and behavior of crypto investors” and that the firm’s “large trading share + popularity with leveraged traders” means that the CEO may not be lying when he says that “the bull market is real”. Exchanges have insights into the positioning and behavior of crypto investors, and @BitMEXdotcom large trading share + popularity with leveraged traders The post Bitcoin bull Thomas Lee confirms crypto winter is over appeared first on Coin Rivet.
If you want to buy Bitcoin in Brazil, there’s a wide range of options available. Both local and international exchanges enable Brazilian users to buy Bitcoin. The five largest Brazilian crypto exchanges have a daily transaction volume of over R$8.3 million (almost US$2.2 million). More and more Brazilians are turning to Bitcoin. Last month, the most powerful economy in Latin America registered a record Bitcoin trading volume of 100,000 BTC in 24 hours. Here’s how you can buy Bitcoin in Brazil as a possible way to protect your savings. Where to buy Bitcoin in Brazil Local exchanges If you’re familiar with the local language, you can try to use some local cryptocurrency exchanges to buy Bitcoin in Brazil. Some of The post How to buy Bitcoin in Brazil appeared first on Coin Rivet.
A new WhatsApp bot developed by Zulu Republic called Lite.Im allows users of the popular messaging platform to send and receive both Bitcoin (BTC) and Litecoin (LTC) transactions directly over the Facebook-owned messaging service. After adding the bot, users simply have to follow the on-screen instructions to send crypto to other users. Zulu is also promoting the tool through a referral program where users can earn crypto for getting their friends to use Lite.Im. we are happy to announce that from today you can send and receive #bitcoin & #litecoin on #WhatsApp via @liteim_official ! try it yourself here: https://t.co/JaldSafGBK @FranklynCrypto @SatoshiLite @CharlieShrem @CCNMarkets @GLRalf — Zulu Republic (@ztxrepublic) May 19, 2019 The Zulu team also mentioned that the bot The post You can now send crypto directly over WhatsApp using Lite.Im appeared first on Coin Rivet.
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: A post-Blockchain Week explainer about bitcoin's price appeared first on The Block.
Last week, one of the most anticipated and exciting crypto conferences took place in New York. I’m of course talking about MCC 2019 – the Magical Crypto Conference – organised by Riccardo Spagni (Monero), Samson Mow (Blockstream), WhalePanda, and Charlie Lee (Litecoin). I highly advise you to watch the conference – which is now available on YouTube – as really cool speakers like Adam Back and Luke Dash Jr gave some quite interesting presentations. The conference mainly focused on Lightning Network (LN) improvements and on privacy, as those are the two main current Bitcoin bottlenecks: transaction speed (scalability) and privacy (security). Another awesome conference that took place last week was Consensus 2019 – one most of you are probably aware The post Cryptocurrency development updates: Lightning Network and altcoins appeared first on Coin Rivet.
The 2020 US presidential candidate Andrew Yang – who is famous for his flagship policy of giving every American over the age of 18 $1,000 a month – made an appearance at Consensus 2019 last week to talk about his support for a better US regulatory framework for the digital asset and cryptocurrency industry. Speaking at the event, Yang said that he believes “that blockchain needs to be a big part of our future”, stating that if he makes it to the White House, “oh boy are we going to have some fun in terms of the cryptocurrency community”. I'm not part of the Yang Gang but I am intrigued to see a 2020 candidate with a position on cryptos. The post Could the Yang Gang take the crypto debate mainstream? appeared first on Coin Rivet.
Bittrex is one of the largest exchanges in the cryptocurrency market, competing with the likes of Binance and Poloniex. With a variety of trading pairs and altcoins available plus a relatively easy-to-use interface, Bittrex is an ideal place for both new users wanting to buy altcoins and those who have experience trading cryptocurrencies. Overview of Bittrex The company was founded in 2013 by Bill Shihara and two other business partners. The founders had previously worked as security experts for Microsoft before deciding to open up a cryptocurrency exchange. Bittrex is based in the US but is not regulated by US securities law. The exchange recently had its application for a New York BitLicence rejected. The reasons cited were inadequacies with The post What is Bittrex? appeared first on Coin Rivet.
At the time of writing, Bitcoin (BTC) is trading above $7,800 after price recovered during the weekend following a flash sell-off at the end of last week. BTC is trading above its 50-day, 100-day, and 200-day EMAs after a massive spike in price earlier in May which took Bitcoin through the roof on almost all exchanges. I’m hopeful the trend will continue for the time being, but there may well be another pullback on the horizon which could take BTC back to $5,800 – $6,200. Let’s take a look at what’s going on with the Bitcoin markets this Monday. Bitcoin/USD Bitcoin experienced another parabolic rally this weekend, boosted by the further escalation in the US-China trade war. Last week I The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Bitcoin exchange Coinfloor has partnered with electronic money firm, Enumis, to offer a UK current account for crypto businesses. As well as allowing for deposit and withdrawal of funds via CHAPS, BACS and UK Faster Payments, this will give clients free GBP deposits and withdrawals into and out of their Coinfloor cryptocurrency exchange accounts. Access to the account is available 24 hours a day online and clients will be able to undertake regular banking functions such as setting up direct debits and standing orders. More advanced features, including programmatic API access for account automation, are also available. Prepaid/debit cards providing a 0.2% rebate on all transactions will also be issued to all account holders. Obi Nwosu, Founder and CEO of Coinfloor The post Coinfloor announces Enumis crypto-friendly current account tie up appeared first on Coin Rivet.
“I believe that blockchain needs to be a big part of our future. If I’m in the White House, oh boy are we going to have some fun in terms of the cryptocurrency community.” Democratic 2020 presidential candidate Andrew Yang “There’s a popular perception that the rate limiting factor in blockchain adoption is something to do with the technology itself — like the technology isn’t scalable, it’s not fast enough, the developer tools aren’t in place. But in my experience is that’s really not the rate limiting factor at this point. It’s not even at the top of my list. You’re going to need to reach agreement on some critical things about who is a member of the network, what’s The post The blockchain/crypto week in quotes appeared first on Coin Rivet.
London. 13th May 2019 – London-based financial services challenger Mode has announced its first product, a crypto-backed lending solution for businesses, is due to launch later this month. It is offering early access rates for customers who sign up by 15th June 2019. Mode aims to become the first fully-regulated, digital-asset bank in the UK, and is actively working to build an ecosystem of products and services that combines the best of traditional and digital finance Its lending solution is flexible, business-first and is aimed at companies that hold Bitcoin and Ether – whether through direct purchase, investment or as payment from clients. It offers loan terms of up to 90 days with further extensions possible and can be repaid The post Mode to launch its first lending solution for companies holding crypto appeared first on Coin Rivet.
Earlier this month, we reported cyber security pioneer and crypto advocate John McAfee’s belief that the US government would soon act in order to silence him. “I want you all to know that everything I have done, I have done for the cause of freedom. I want a world in which authorities discover crimes, not manufacture them. A free world,” he told his almost one million Twitter followers. McAfee is on the run from US authorities who earlier this year indicted him, his wife and four members of his staff for tax fraud. And this week a dramatic statement appeared on Twitter. “Developing events have made it necessary for John McAfee to go dark,” someone wrote on his account Thursday. “Please be The post John McAfee goes dark, posts link to Newsweek interview appeared first on Coin Rivet.
The battle between the regulators and the crypto-anarchists is going to be a long one. Now that the Bitcoin genie is out of the bottle and has been since 2008, governments and regulators have been slow to catch up with this new phenomenon. Many of the major exchanges now enforce KYC compliance on their customers, which removes much of the anonymity that cryptocurrency enthusiasts strive for. Those in favour of KYC compliance argue that it ensures customers’ safety, but is this truly the case? What is KYC? Know Your Customer – or KYC as it is often referred to – ensures that cryptocurrency exchanges know precisely who they are dealing with. The process usually involves uploading a selfie, a utility The post How KYC compliance keeps your cryptocurrency protected appeared first on Coin Rivet.
It’s been quite a week for the majors and the bulls will be looking to end it on a high to see momentum continue into next week…
Alyx Luxury fashion brand, Alyx, is set to use German blockchain foundation Iota’s DLT solution in the supply chain. Iota’s system will be implemented in partnership with Avery Dennison. Alyx customers will be able to track the journey of purchased items, from creation to the point of sale, with an app which reads QR codes. Matthew Williams, Creative Director at Alyx, told GQ: “We’re doing a blockchain prototype that shows the raw material to the finished garment. Our brand is about evolution not revolution, so we work on making the things we do better.” Whole Foods Flexa has launched its new payments network, enabling shoppers to spend cryptocurrencies in physical stores. This currently supports Bitcoin, Ether, Bitcoin Cash, and the The post Six retailers/brands that are all about the blockchain right now appeared first on Coin Rivet.
Bitcoin Cash has beaten Bitcoin to the punch and has implemented Schnorr Signatures onto its platform first – something its supporters are keen to remind proponents of BTC. However, the hard fork used to implement this upgrade didn’t quite go to plan, with a cyberattack seemingly taking place on the network. It has since recovered and is now working as normal. Bitcoin and Bitcoin Cash have a heated history of disagreement, but both appear to agree on the benefits of Schnorr Signatures. Why implement Schnorr Signatures? Schnorr Signatures have been around since the 1980s. However, due to a patent filed on the cryptographic technique by creator Claus Schnorr, the usage of Schnorr Signatures wasn’t widely available until 2008 – coincidentally The post Why Bitcoin Cash has signed up for Schnorr Signatures appeared first on Coin Rivet.
Mum of two and ex-management consultant Kim Goulde recently sat down with Coin Rivet to discuss her journey from once shrugging off Bitcoin to becoming a full-time HODLer. Kim told Coin Rivet how she first learned about Bitcoin and cryptocurrencies from one of her family friends (who’s a plumber) after he asked her to pay him in Bitcoin in 2012 as “he wouldn’t accept cash for a favour”. Seven years ago, she noted how there was “literally not much information about Bitcoin aside from occasional news about the currency being abused by underground criminals. My husband and I were sceptical, so we shrugged it off then.” Fast-forward four years later, and on a trip to Indonesia in 2016 to do The post Kim Goulde: ‘I realised how globally impactful Bitcoin and other cryptocurrencies can be’ appeared first on Coin Rivet.