|Day's range||8,272.5 - 8,333.85|
|52-week range||3,169.53 - 13,826.76|
|Volume (24 hrs)||172.22M|
|Volume (24 hrs) all currencies||1.83B|
Three of the most important financial regulatory bodies in the US -- the SEC, FinCEN and the CFTC -- issued a rare 3-party joint statement on Friday regarding digital assets.The post SEC, FinCEN and CFTC issue rare 3-party joint statement on digital assets appeared first on The Block.
PayPal, eBay, Stripe, MasterCard and Visa have dropped from the Libra Association, in a blow to Facebook’s cryptocurrency plans.
Cryptocurrency wallet provider BRD (formerly Bread) has received a $750,000 investment from blockchain payments firm Ripple to boost the adoption of its XRP cryptocurrency.The post Ripple invests $750K in crypto wallet BRD to increase XRP usage appeared first on The Block.
The latest SFOX cryptocurrency volatility report has nudged the market sentiment dial back a notch. While August was ‘mildly bullish’, September was a let-down in many ways mainly due to the lack of involvement from institutional investors. The outlook for the rest of October is marked by uncertainty and instability. The prognostic is neither bullish nor bearish but set to ‘neutral’. So, let’s take a closer look at some of the events driving the crypto markets over the last few weeks. Bakkt’s lacklustre launch to institutional investors At the end of August and ahead of the upcoming launch of Bakkt, market sentiment was mildly bullish. There was a sense that the game-changing brainchild of the parent company of the NewThe post The many events driving uncertainty in the cryptocurrency markets appeared first on Coin Rivet.
Today the price of Bitcoin is US$8,413.86; Ethereum is US$188.03; XRP is US$0.272515; Tether is US$1.01 and Bitcoin Cash is US$228.15. 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 “relyingThe post The Top 5 cryptocurrencies - latest price appeared first on Coin Rivet.
The U.S. Attorney's Office for the Western District of Washington has formally charged Ho Jun Jia, a Singapore citizen, for allegedly stealing computing power and services to mine cryptocurrencies.The post DOJ charges cryptocurrency miner for stealing $5M worth of computing power appeared first on The Block.
As a journalist, skepticism can be your best friend. But in some cases, it can also be your worst enemy, shielding you from what might actually be interesting because you are too busy looking for "the catch." At The Block, we strive to be especially vigilant because of the history of hyperbole in this space. The post S&P 500 options on the blockchain? Not as silly as you think appeared first on The Block.
CFTC chairman Heath Tarbert believes ether (ETH) is a commodity and falls under the jurisdiction of the CFTC—and he expects to see ether futures contracts.
Despite being battered and bruised over the past month, Bitcoin has recovered from last week's $7,800 low with a 3.81% 24-hour rally to test $8,600. The rise in price coincides with mounting political tension between China and the United States, with global stock markets also taking a hit. Bitcoin, in the same way as gold, has often been touted as a hedge to the existing financial system in that it doesn't rely on policy changes, interest rates or inflation. Its nature as a decentralised asset has seen retail investors flock to Bitcoin in recent years, although this, coupled with a lack of liquidity, has increased levels of volatility. From a technical perspective, Bitcoin experienced a swift rejection from the 200The post Bitcoin shows signs of life with move towards $8,600 appeared first on Coin Rivet.
Derivatives exchange giant CME Group expects its upcoming bitcoin options to be popular with Asian cryptocurrency traders and miners.The exchange is hopeful that the options contracts will be as popular as bitcoin futures, which drive most demand (over 50% of trading volume) from Asian and European traders, Tim McCourt, global head of equity index and alternative investment products at CME, told the South China Morning Post (SCMP) in an interview published Thursday.The post CME expects big demand for its upcoming bitcoin options from Asian traders and miners appeared first on The Block.
B2C2, a cryptocurrency liquidity provider and an over-the-counter (OTC) trading firm based in London, has launched a new gold derivative product, which is priced and settled in bitcoin (BTC).The post In first, crypto market maker B2C2 launches a gold derivative, settled in bitcoin appeared first on The Block.
It’s a mixed start to the day, with Ethereum bucking the trend. Sentiment across the majors will need to shift, however, for another bullish day ahead.
It’s another bearish start to the day. Another rebound could be on the cards should the majors recover to key levels by late morning.
Sorry, bitcoin ETF hopefuls. The final application for an exchange-traded fund tied to the cryptocurrency has been denied by the Securities and Exchange Commission, according to a document on the agency's website.The post Bitwise's bitcoin ETF, the last hope, has been denied appeared first on The Block.
IRS Guidance The United States Internal Revenue Service issued new guidance today in the form of a Revenue Ruling that addresses the tax implications of a cryptocurrency "hard fork" to the owner of the existing cryptocurrency.The post IRS issues guidance on tax implications of cryptocurrency hard forks appeared first on The Block.
Mass cryptocurrency adoption can only take place if regular people feel it is safe, easy, and beneficial to join the space. Without a shift in mentality, I doubt institutional investors alone will be able to drive worldwide adoption. Much like what happened with computers or the internet, without people to create valuable network effects - like art, content, trading, advertising, and so on - there is little chance cryptocurrency prices will explode. Therefore, we should praise countries leading the way in cryptocurrency adoption. Over the course of 2019, South America has seen a huge boost in cryptocurrency adoption, with Brazil particularly seeing a substantial rise in crypto users. Crypto adoption on the rise in South America The rise of cryptocurrencyThe post Brazil and South America lead the way on LocalBitcoins appeared first on Coin Rivet.
Nearly 23% of Digital Currency Group (DCG)'s portfolio companies think asset tokenization will be the second-largest use case for blockchain, following payments, according to a recent report by DCG. The post New DCG Report highlights confidence in asset tokenization and bitcoin as 'store of value' appeared first on The Block.
UNICEF, the United Nations’ charity arm for children, has launched a cryptocurrency fund and is accepting donations in bitcoin (BTC) and ether (ETH).The post UNICEF launches crypto fund, accepting donations in bitcoin and ether appeared first on The Block.
It’s a positive start to the day for the pair, following a mixed Tuesday. Holding onto key levels early would support further upside later in the day.
It’s a mixed start to the day for the majors. Failure to make a move by late morning could lead to a sell-off later in the day.
ACINQ, one of the three main Lightning Network development firms, has raised an $8 million Series A led by Idinvest Partners, with the participation of Serena and Bpifrance, a state-owned French investment bank.The post Lightning Network development firm ACINQ raises $8M Series A appeared first on The Block.