|Day's range||7,270.24 - 7,284.68|
|52-week range||3,191.30 - 13,796.49|
|Volume (24 hrs)||17.69B|
|Volume (24 hrs) all currencies||17.69B|
Cryptocurrency mining machine manufacturer Canaan made the headline last month by being one of the first cryptocurrency companies to tap into the public markets, but an expert said its initial public offering (IPO) may be "more symbolic" than substantial. The post Canaan’s IPO is “more symbolic” than substantial to the crypto industry, says expert appeared first on The Block.
Asset management group IDEG Investments has launched Asia’s first-ever Bitcoin trust for professional investors. In a press release published on Sunday, IDEG states that the funds are designed as an easy way for Asian "old money" to invest in the digital asset markets. The IDEG Investments group has launched two funds - the Asia Bitcoin Trust I and the Atlas Mining Trust I - which are both managed in different ways. Unlike Grayscale, which is a passively managed fund, the Asia Bitcoin Trust I is actively managed by a professional investment team, whereas the Asia Mining Trust I offers investors the opportunity to share profits from Bitcoin mining operators. Kevin Yang, CEO of IDEG, said: "As the investment manager ofThe post Two new Bitcoin trusts revealed for Asian markets appeared first on Coin Rivet.
Luno Malaysia, one of the only three regulated cryptocurrency exchanges in the country, is set to list XRP on its platform.The post Crypto exchange Luno set to list XRP on its platform after receiving regulatory nod appeared first on The Block.
It’s a mixed start to the day as the majors struggle for direction following Monday’s sell-off. Key levels would need to be hit by late morning for support.
Bitcoin (BTC) is currently trading at around $7,500 following a minor 2% increase in price since last Friday. BTC broke most of its support levels during a huge sell-off in November as the coin looked to be free falling. However, the world's largest cryptocurrency found support near $6,700 last week and bounced back up to $7,800 before consolidating around $7,500. Will BTC recover soon? Let's take a look at Bitcoin's chart, courtesy of TradingView. At the time of writing, Bitcoin is still on a short-term bearish trend. Since price has been consolidating for the last few days, I now expect a significant price movement sometime within the next week. Since the massive bull market that took Bitcoin close to $14,000The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Cryptocurrency exchange OKEx is launching bitcoin options trading later this month, according to an announcement shared with The Block on Monday.The post OKEx launching bitcoin options trading this month, ahead of CME Group appeared first on The Block.
It’s a bearish start to the day, with Stellar’s Lumen on the slide as it plays catch up with the broader pullback. It’s looking like a bearish day for the pack…
It’s a mixed start to the day for the majors. Failure to move through to key levels by late morning would test the bulls later in the day…
Cryptocurrency exchange Coinbase’s Visa debit card offering has added support for ethereum-based DAI stablecoin. Announcing the news Friday, Coinbase Card said DAI is the first stablecoin added to its offering.The post Coinbase’s Visa debit card adds support for DAI stablecoin appeared first on The Block.
Bitcoin could be heading to yearly lows following last month's death cross and a lack of positive sentiment. Bitcoin endured a distressing exponential moving average death cross on the daily chart on November 23, with several analysts suggesting that a descent to $5,900 is now on the cards. However, there has been a period of relative calm since the death cross, with Bitcoin languishing along the $7,350 level of support following a brief rally to $7,850 earlier this week. The previous two death crosses took place during the 2014 and 2018 bear markets, with Bitcoin proceeding to fall by more than 60% on both occasions. A slump of the same magnitude this time around would take Bitcoin to last December'sThe post Bitcoin death cross to force price below critical support level appeared first on Coin Rivet.
New Jersey-based BlockFi is extending their services to allow customers to trade their cryptocurrencies with zero fees attached.
Bitcoin mining company Bitfury just released blockchain software Exonum Enterprise to help corporations more efficiently build their own private blockchain projects.The post Bitcoin mining giant Bitfury is now in the enterprise blockchain business appeared first on The Block.
Great North Data, a Canadian Bitcoin mining and AI-algorithm processing facility, has filed for bankruptcy. The company is said to have $13.2 million in liabilities and just $4.6 million in tangible assets. It has since emerged that a portion of this cash is owed to provincial government and federal government agencies who invested money in the cryptocurrency business. The two public entities, funded by taxpayers' money, are the Atlantic Canada Opportunities Agency (ACOA) and the Business Investment Corporation of Newfoundland and Labrador. The agencies are owed $281,675 and $313,718 Canadian dollars respectively. The owners of the bankrupt Bitcoin mining facility have not been publicly named. First reported by Canadian news outlet CBC, the news that taxpayers' money went into suchThe post Canadian taxpayers foot bill for bankrupt Bitcoin mining facility appeared first on Coin Rivet.
Cryptocurrency exchange Kraken has launched support for the Swiss franc (CHF) in partnership with Liechtenstein-based Bank Frick. Starting Dec. 6, users can trade between CHF and Bitcoin as well as CHF and Ether on Kraken’s platform.The post Kraken adds support for Swiss francs appeared first on The Block.
Last week, I had the pleasure of speaking to Crypto Lark, a popular YouTuber who first started broadcasting about two years ago. Lark Davies is New Zealand’s most popular crypto and Bitcoin personality. He grew up on a small organic farm reading Mad magazine and dreaming of space travel. Now known for his articulate, entertaining style, Crypto Lark combines his political science background, critical thinking skills, and bright sense of humour to produce content that explains blockchain solutions to the world. During the interview, we discussed the future of cryptocurrencies, the current economic panorama, how the Bitcoin protocol is developing, interesting projects in the space, and the impact smart contracts will have on the cryptocurrency ecosystem in the near future.The post Crypto Lark discusses the future of cryptocurrency appeared first on Coin Rivet.
Crypto financial services provider BlockFi has launched a commission-free trading platform, BlockFi Trading, where users can trade Bitcoin, Ether, and ERC20 stablecoin Gemini Dollar in real-time.The post BlockFi's new trading platform allows users to trade Bitcoin, Ether, and Gemini Dollar in real-time appeared first on The Block.
Cryptocurrency exchange BitFlyer, recognized as one of the 10 exchanges with “real” trading volumes by asset management firm Bitwise, has just made it easier for users to buy cryptocurrencies.The post BitFlyer Europe users can now buy crypto with credit cards appeared first on The Block.
Today the price of Bitcoin is US$7,460.87; Ethereum is US$149.48; XRP is US$0.218633; Bitcoin Cash is US$215.06 and Tether is US$1.01. 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.