|Day's range||7,235.695 - 7,559.276|
|52-week range||3,191.30 - 13,796.49|
|Volume (24 hrs)||20.12B|
|Volume (24 hrs) all currencies||20.12B|
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.
A crypto enthusiast who lost four Bitcoin on the Lightning Network in October has now managed to recover most of the missing funds, according to an update post on Reddit. What is the Lightning Network? One of the most interesting projects in the cryptocurrency space, in my opinion, is the Lightning Network protocol (LN). Even though some traders and analysts have plenty of criticisms regarding the development of the LN, I argue the open-source P2P payment channel technology is here to stay. The LN not only affects Bitcoin, but the technology can also gap bridges between projects. In a way, the Lightning Network has the potential to achieve what many other projects can only dream of: to become an interoperableThe post Four Bitcoin lost on the Lightning Network finally recovered appeared first on Coin Rivet.
Bitcoin unexpectedly rose by 8% in just three minutes earlier today as bullish sentiment begins to re-enter the cryptocurrency markets. Following an abrasive daily candle close which saw Bitcoin suddenly drop from $7,300 to $7,100 yesterday evening, it consolidated today at $7,200 before surging towards the $7,800 level of resistance. The dramatic rise from $7,200 to $7,800 saw a total of $59.71 million in short positions liquidated on derivatives exchange BitMEX, according to Datamish. Price has now began to consolidate in the $7,500 region, which could fuel a continuation rally back to the $8,000 region. However, the 100 exponential moving average (EMA) on the four-hour chart has been a bitter point of resistance on three occasions over the past month,The post $60 million liquidated as Bitcoin pumps 8% in three minutes appeared first on Coin Rivet.
CORRECTION (December 4, 8:17 AM EST): A previous version of this story cited a press release published on PR Newswire and cited by several news outlets that said SoftBank has issued a new debit card with blockchain wallets.The post Correction: SoftBank denies issuing new debit card featuring built-in blockchain wallet appeared first on The Block.
Stellar’s Lumen joins the rest of the pack in the red. More losses could be on the way should key levels not be hit by late morning…
The bears sink the majors early this morning. Barring a break back through the major support levels, it could be a painful day for the bulls…
Exchange-traded fund (ETF) pioneer WisdomTree Europe has announced that it will be launching a physically-backed Bitcoin exchange-traded product (ETP) as appetite grows for digital assets. The fund, which will allow investors to speculate on Bitcoin without having to go through the onerous process of buying the underlying digital asset themselves, has been launched to provide easier access for institutional investors. According to a press release published earlier today, the fund entitles each investor to a certain amount of Bitcoin, with a "share entitlement" relative to their investment in the fund. This is similar to gold ETPs where funds are held in secure custody rather than held by individual investors. WisdomTree has announced that it will be working with a BitcoinThe post WisdomTree launches new Bitcoin exchange-traded product appeared first on Coin Rivet.
It’s a mixed start to the day after Monday’s sell-off. Failure to test resistance levels by the early afternoon could lead to another reversal.
Litecoin makes an early run for it as the broader market finds much-needed support. It could get choppy by late morning, however.
Japanese cryptocurrency exchange BitFlyer, recognized as one of the 10 exchanges with “real” trading volumes by asset management firm Bitwise, has added trading support for XRP cryptocurrency.The post Japanese crypto exchange BitFlyer adds trading support for XRP appeared first on The Block.
Bitcoin (BTC) is currently trading at just below $7,330 following a substantial 6% drop in price since Friday. BTC broke most of its support levels during November as the coin looked to be free falling. However, BTC found support near $6,700 last week and bounced back up to around $7,800 before dropping again. Will BTC recover soon? Let's take a look at Bitcoin's chart, courtesy of TradingView. At the time of writing, Bitcoin is on a very bearish trend. Lower highs are giving way to significant price drops. Since the massive bull market that took Bitcoin close to $14,000 earlier in the year, the coin has been dropping in value following a downtrend that was only broken in late OctoberThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
It’s back into the red for the majors. Failure to move through to key levels by late morning could add more pressure later in the day.
Bitcoin has such a volatile and unpredictable nature that many people wonder whether there is any value in investing in the digital asset. Investing in Bitcoin is certainly not for the faint-hearted, but it’s an appealing option for those who believe in its long-term potential, who want to diversify their portfolio, and who have a high level of risk tolerance. Why is Bitcoin so volatile? The price of Bitcoin has been on a roller-coaster ride over the past few years and, so far, the trend shows no signs of abating. Just last weekend, Bitcoin fell by 4.6%, and on Monday it was hovering around $6,600 – a far cry from the summer when it broke through the $13,000 mark. TheThe post Why Bitcoin has value despite its volatility appeared first on Coin Rivet.
After a Saturday sell-off to round off November, it’s back in the red at the start of December… It could get messy if support doesn’t kick in by late morning.
I was very excited to try and stare into my crystal ball and predict what exciting new changes and transformations 2019 would hold in store when I wrote this column in the winter of 2018. Now that the dust is starting to settle on 2019, I felt we should revisit those predictions and see just how wrong I was before I can start delivering more incorrect predictions that few people should believe for 2020. So here goes: The dApp graveyard – 2019 was a tough year for dApps. I’m yet to see a dApp that has figured out a product/market fit and is executing. I have no doubt that 2019 saw a lot of these projects and associated tokens abandoned.The post The hits and misses of last year’s predictions appeared first on Coin Rivet.
Galaxy Digital, the cryptocurrency investment bank helmed by Mike Novogratz, pocketed $58.4 million in net income in the first three quarters of 2019, a 133% jump from the same period last year. The post Galaxy Digital saw first three quarter net income surge by 133% in 2019 appeared first on The Block.
The end of the week turned out to be much more favourable for the crypto market than its beginning. Bitcoin was able to return from the area below $7,000 and clings to levels around $7,500.
Today the price of Bitcoin is US$7,555.03; Ethereum is US$154.23; XRP is US$0.227679; Bitcoin Cash is US$224.01 and Tether is US$1.00. 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 primal societal fear can cause a public panic beyond reason. It’s not bad. It can motivate. In 1938, American audiences were fearful of falling victim to Japanese militarism, Bolshevism, or Nazism. When they heard a radio adaptation of the 19th century novel “War of the Worlds”, public panic that a Martian invasion was real shut down phone switches and electrical grids even thousands of miles away from the apparent New York City invasion. Though it was probably impossible to gauge public reaction in Stalinist Russia, “Alexander Nevsky” - a 1938 propaganda masterpiece describing, allegedly, a 13th century Teutonic invasion - is chilling to this day. Bitcoin is one of the most positive developments of the millennium and will, IThe post Zeitgeist and Bitcoin appeared first on Coin Rivet.