|Day's range||8,800.96 - 9,372.891|
|52-week range||3,271.7600 - 9,372.8906|
The price of Bitcoin hit a 13 month high this morning, climbing above $9,300, according to Coin360. Binance boss Changpeng ‘CZ’ Zhao was, somewhat unsurprisingly, very happy about this. Over 9000! pic.twitter.com/Z1kWmmgLXG — CZ Binance (@cz_binance) June 16, 2019 What a difference six months can make. Today marks 6 month anniversary of Bitcoin bottom hit on Dec 16 last year. 6 months ago Bitcoin was supposed to hit $1000 and now we are talking about breaking $20k and beyond. Crazy how times change. — Anondran (@anondran) June 16, 2019 Next stop $10,000 and the beginning of a “crypto summer”, according to Circle CEO Jeremy Allaire. Crypto market rallying (again) ahead of Libra launch, marking a massive inflection point in global adoption The post Superb Sunday for Bitcoin as price breaks $9,000 appeared first on Coin Rivet.
Reports that Facebook Inc. is about to roll out a cryptocurrency as soon as next week have helped bitcoin to notch its best weekly trading period in about three weeks.
Coinbase has become one of the largest exchanges in the world. Based in the US and operating since 2011, the exchange is often the first place many people go to buy their first ever Bitcoin. Coinbase provides many benefits such as simplicity of use, but it has also received criticism from Bitcoiners as well as many of its customers. Let’s take a look at four things you should know about Coinbase. Ease of use One of the key benefits of using Coinbase is that it has a simple user interface that is ideal for people who have very little knowledge of the cryptocurrency scene. You can buy and store four of the major cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The post Coinbase review: Four things you should know appeared first on Coin Rivet.
Today the price of Bitcoin is US$8,275.48; Ethereum is US$256.28; XRP is US$0.399167; Bitcoin Cash is US$410.96 and Litecoin is US$132.20. 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.
Bitcoin looks to be poised on the verge of its next bull run, according to the head of one of the world’s most respected independent financial advisory organisations. Nigel Green, chief executive of deVere Group, claims that Bitcoin’s sustained foray above $8,000 today looks sustainable enough to build for a push even higher, propelling the value of the decade-old cryptocurrency to heights unseen since 2017. “Ditching its trademark volatility, Bitcoin has been stuck in no-man’s land for over a week, oscillating within a $600 range,” he said in a Coin Rivet article for the Daily Express. “But the price of the world’s largest cryptocurrency surged to the upside on Wednesday and cleared the key $8,000 resistance level – this could The post Bitcoin bull run imminent, expert says appeared first on Coin Rivet.
At the time of writing, the reality is that most DEXs, or decentralised exchanges, are still quite difficult to use – mostly due to bad user interfaces and user experience. There are a few exceptions (which I will cover later), but the fact of the matter is that to have a great crypto-trading experience, you should probably look into centralised exchanges, mainly because of the additional support and functionality. Even though some crypto-enthusiasts like Vitalik Buterin are quite against the centralisation of exchanges and services – due to the non-custodial aspect of centralisation – it’s an easy way to get started or to trade professionally. Vitalik Buterin: “I definitely hope centralized exchanges go burn in hell as much as possible” The post The top five cryptocurrency exchanges in 2019 appeared first on Coin Rivet.
Before he turned 19, bitcoin bets made Erik Finman a millionaire. Now, the crypto wunderkind says he wants to create a platform for investing in cryptocurrencies that is easy for average folks to use.
Peer-to-peer Bitcoin marketplace Paxful has announced it has partnered with blockchain exchange and wallet AirTM. The move means Paxful users will now be able to fund and withdraw Bitcoin from their accounts using AirTM as a payment method. Both organisations operate largely across Latin America where they work with emerging markets and unbanked communities. The partnership will allow the two companies to provide a service similar to PayPal across economically-challenged communities which have been historically affected by hyperinflation and lack of banking security. According to AirTM CEO Ruben Galindo, the introduction of a peer-to-peer platform will allow currencies to be traded for Bitcoin and introduce crypto to 300,000 new customers while opening up almost $6m in monthly transaction volume. Possibilities The post AirTM teams up with Paxful appeared first on Coin Rivet.
It seems that every few years or so, new technologies enter the hype cycle and are touted as the next big game changer. Around 10 years ago it was 3D printing. Then, with the creation of Bitcoin, hype emerged regarding the underlying blockchain technology. Now, artificial intelligence (AI) has taken some of that spotlight and has joined the hype train. Blockchain and artificial intelligence could connect the world of the future through the Internet of Things. Decentralise everything It is argued that we are currently in the midst of a fourth Industrial Revolution thanks to the advances in technology. Blockchain is just one part of this, and so is artificial intelligence. AI arguably has the potential to remove the necessity The post What is the relationship between blockchain and artificial intelligence? appeared first on Coin Rivet.
Justin Sun will try to bridge the gap between the cryptocurrency community and the traditional investor when he has lunch with Warren Buffett.
Fresh off CME Group's announcement last week that its bitcoin futures product in May had its best month since the product first launched in late 2017 (record levels in both open interest and volume), we decided to analyze the CFTC's Commitment of Traders (COT) report to unpack who is driving the growth in open interest, and compare how traders are currently positioning themselves (long/short) relative to historical net exposure.The post Who's buying and selling bitcoin futures? An analysis of the CFTC COT report appeared first on The Block.
There are numerous social media sites used by the cryptocurrency community. While much of the debate tends to take place over on Twitter, Reddit is also one of the main sources for breaking news and discussion of your favourite cryptocurrency topics. Like anything to do with cryptocurrency, controversy is never far away, with accusations of censorship attached to the main Bitcoin subreddit. Here are three cryptocurrency subreddits you should be following. r/Bitcoin The largest and most popular subreddit – now with over 1 million members – is also the one that has experienced the most controversy. The issue, like most controversies within the Bitcoin community, stems from the scaling debate. Those who advocated for larger blocks felt that their posts The post Three cryptocurrency subreddits you should be following appeared first on Coin Rivet.
At the time of writing, Bitcoin (BTC) is trading above $7,700 after price spiked during the weekend, climbing from $7,450 to almost $8,200. 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. Of course, as more time passes, the less likely this becomes. Traders say the trend is your friend until the end. As of the middle of March, it seems we’ve been continually accumulating at higher prices, meaning we are definitely following The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
As one of the most secure blockchain networks, Bitcoin’s block space is highly valued by its users. Because of its security, Bitcoin has inadvertently fallen into a role as a data repository for businesses attempting to leverage its OP_RETURN script.The post A look at VeriBlock's relationship with Bitcoin appeared first on The Block.
Legal questions hang over Poloniex, the cryptocurrency exchange, after a price crash in a little known alt coin forced the firm to liquidate the positions of traders on the platform.The post Poloniex could leave itself open to legal threats by socializing 1,800 BTC loss appeared first on The Block.
A former US Government senior official has ripped into cryptocurrencies like Bitcoin, warning they could all suddenly be worth nothing. John Reed Stark, who served for more than two decades with the US Securities and Exchange Commission (SEC) – half of it as head of its Office for Internet Enforcement – used his latest swipe at BTC to carry a foreboding message that crypto will, without warning, have a value of zero. In a Coin Rivet article for the Daily Express, the former government finance supremo lays into the whole concept of cryptocurrency in a bile-addled tirade. Stark, who has repeatedly railed against crypto since leaving office, regularly writes articles and essays on why he sides with entrepreneur Warren Buffett The post “Crypto winter is still coming,” says a Stark appeared first on Coin Rivet.
CME Group announced that its bitcoin futures product had its best month since the product first launched in late 2017, hitting fresh highs in both volume and open interest in May.The post CME bitcoin futures saw new records in both volume and open interest in May, adding over 200 new trading accounts appeared first on The Block.
This past week I had the absolute pleasure of speaking to eToro senior analyst Mati Greenspan about how Bitcoin and blockchain technology are developing and what the future holds for crypto. Mati is the grandson of a self-made billionaire, and his long road to financial expertise started at a very young age. During his youth, he would research and write down the prices of assets such as gold and deliver his notes to his grandfather so he could make decisions regarding his portfolios. During our talk, we discussed interesting topics surrounding Bitcoin and blockchain technology, such as how Bitcoin is developing both as a store of value and as a currency, the impact of regulators and governments on the Bitcoin The post Mati Greenspan discusses the future of Bitcoin and cryptocurrency appeared first on Coin Rivet.
Open margin interest on Bitfinex has fallen by 23% since the start of the week to reach a new 12-month low. Since Bitcoin failed to hold its $8,400 support on June 3, open interest for BTC/USD shorts and longs on Bitfinex has fallen from 45,000 to 37,000 BTC. Given the price drop in Bitcoin from $8,400 to its current level of $7,800, the decline in open margin interest equates to a drop of $88 million, as we have seen nearly 4,400 shorts and 3,300 longs close over the last three days. The Hong Kong-based exchange offers margin trading on its BTC/USD market but only to the extent of 3x leverage. Given its low leverage and trusted reputation in the industry The post Bitfinex margin interest falls by $88 million as Bitcoin drops below support appeared first on Coin Rivet.
OKCoin – a leading fiat-focused digital asset exchange operating in 184 countries – has announced that traders outside the US can now deposit and withdraw euros. From last night, all OKCoin users were given the green light to participate in euro spot trading for leading digital assets, with more pairings to be added in the coming months. The exchange – which was originally launched in China – also revealed it would not be charging any fees for euro transactions from today until September 4 2019. As the world’s second-largest currency, the euro becomes the latest addition to OKCoin’s stable of tradable assets alongside cryptocurrencies Bitcoin, Bitcoin Cash, Cardano, Ethereum, Ethereum Classic, Decred, EOS, Litecoin, 0x, Stellar, Tron, XRP, and Zcash. The post Euro trading launches for OKCoin appeared first on Coin Rivet.
One of Bitcoin’s most valuable features is timelocks. The feature, which has existed since the first release of Bitcoin, enables users to create transactions that are invalid (unspendable) until a certain amount of time has passed.The post A look at Bitcoin's timelocks appeared first on The Block.
The SEC has brought a lawsuit against Kik, a Canadian chat app, over its ICO – and the result will be important for the entire industry.
If you’re considering mining Bitcoin, it’s important to figure out how to mine in the most profitable way. This is where a Bitcoin mining calculator comes into play. By inputting various parameters, the calculator will show you how long it will take to pay back your investment. This will help you to decide whether Bitcoin mining is right for you. Why should I use a Bitcoin mining calculator? Mining Bitcoin used to be a fairly simple process. You could set up a computer to solve complex maths problems and, in return, receive Bitcoin. It was possible to earn Bitcoin quickly just by using the computing power in your home. Now, however, the process has become more complicated. Some people are The post How to use a Bitcoin mining calculator appeared first on Coin Rivet.
At the time of writing, the positive momentum in the crypto markets is still present. Much like the two previous weekends, the entire market has consolidated nicely, despite a bumpy start to Monday. Bitcoin has broken past the $6,000, $7,000, and $8,000 levels with ease. Since then, we touched the $9,000 level for a brief moment, before returning to the $8,500 area soon after. As I mentioned last week, the pump could be linked to the Consensus conference that took place in NY last month, as we’ve seen similar movements prior to this crypto conference in previous years. Also, as we saw during most talks and speeches, loads of crypto enthusiasts clearly see BTC as a store of value. Bitcoin The post Cryptocurrency market update: Bitcoin and alts climbing upwards appeared first on Coin Rivet.
Browse the internet and you will see numerous sites and opportunities to win a free Bitcoin. However, it is unlikely that any of them are real. They are most likely scams trying to steal your money by offering you the chance of further riches. For those who perhaps missed out on the cheaper cost of Bitcoin and want to gain a holding without purchasing it directly, then trying to get free Bitcoin can be very tempting. Let’s have a look and see whether there are any legitimate chances to win a free Bitcoin on the world wide web. Coin Rivet competition A legitimate chance to win a free Bitcoin took place on this very website as a promotion to celebrate The post How to win a free Bitcoin appeared first on Coin Rivet.