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The BitMEX Insurance Fund has increased to holding over 31,300 bitcoins or approximately $314 million. This means the fund managed by the derivatives exchange BitMEX holds nearly 0.15% of the total supply of bitcoins.The post The BitMEX Insurance Fund is up 50% since the beginning of 2019; holds more than $300 million appeared first on The Block.
Based on Friday’s price action and the close at 97.530, the direction of the September U.S. Dollar Index on Monday is likely to be determined by trader reaction to the support cluster at 97.545 to 97.510.
It’s back into the red for the majors early on. Failure to move through to key levels will likely lead to another day of heavy losses.
Blockchain, a cryptocurrency wallet and trading platform, has partnered with cryptocurrency payments processor, BitPay. According to a blog post by Blockchain, the firm has integrated BitPay into the Blockchain Wallet so users "can pay for products and services from an extensive network of merchants without ever giving up control of your private keys." Blockchain is […]The post Blockchain.com integrates BitPay into its wallet appeared first on The Block.
The Canadian Dollar rose 0.15% against the U.S. Dollar. Gains were limited by a steep drop in crude oil prices. The Euro posted a 0.46% gain against the dollar, but due to its heavy weighting, it had the biggest influence on the index’s decline.
It’s yet another bearish start to the day as Friday’s late gains failed to continue into the early hours. Another choppy day ahead in store…
The British pound initially fell during the week but then rallied towards the crucial 1.2250 level again. This is an area that has been important more than once, so it makes sense that we are struggling just a bit here. That being said though, I think that the market is simply bouncing from a very low level.
The British pound has gone back and forth during trading on Friday, as we continue to see a lot of volatility in Sterling. Quite frankly, there is nothing on the horizon that looks like the Brexit is going to be salt, so this should offer a nice selling opportunity at higher levels.
Huobi was by far the most used exchange for withdrawals from the alleged cryptocurrency Ponzi scheme PlusToken, which has reportedly swindled over $2 billion from participants, according to new research.The post Users of alleged crypto scam PlusToken ‘heavily favored’ Huobi exchange for withdrawals appeared first on The Block.
Binance Coin (BNB) is currently trading at around $27 following an 8% dump earlier in the week. Overall, price has been on a downtrend since July, but BNB has still managed to stay above its 200-day EMA. The price of BNB came crashing down toward the end of June, dropping from around $40 to fall back below its 20-day and 50-day EMAs. Price hit a low of $24 before recovering towards the $28-$30 region. Let's take a look at the chart for BNB. Buyers are clearly supporting the $27 price level, but BNB is struggling to break the level of resistance around its 20-day EMA, with price being rejected from that level three times over the last month. With theThe post Latest Binance Coin price and analysis (BNB to USD) appeared first on Coin Rivet.
After a sharp move higher yesterday on the back of positive Brexit comments, the British pound has eased lower in early trading on Friday.
The transport and logistics firm is reviewing its accounting, suspending trading until it can reveal a likely downgrade to its earnings.
The U.S. Federal Trade Commission (FTC), the country’s trade regulator, has settled charges it filed last year against four promoters for allegedly operating fraudulent cryptocurrency investment schemes.The post Federal Trade Commission reaches settlement with 4 promoters it accused of running fraudulent crypto schemes appeared first on The Block.
Boris Johnson returns and having failed to fully push the door open to renegotiations could be in for a tough week ahead…
Traki, one of the largest chains of department stores in Venezuela, is now accepting payments in ten cryptocurrencies and tokens, including bitcoin (BTC) and Binance coin (BNB), at its 49 retail stores.The post Venezuelans can now shop with crypto, including BTC and BNB, at retailer Traki’s 49 stores appeared first on The Block.
A scheduled FED Chair Powell speech from the Jackson Hole symposium is the main event of the day. He may feel Trump over his shoulder…
Today, ECB Meeting minutes read that the outlook for the economy remains weaker and further stimulus would come as early as in September. Greenback had maintained a choppy performance today, remaining within 98.14/98.38 range levels.
The British pound took off to the upside during the trading session on Thursday as we pierced the 1.2250 level early in North American trading as Boris Johnson speaks in France. Ultimately, this is probably much to do about nothing.
Cryptocurrency compliance startup Chainalysis has launched a new real-time alert feature for its "Chainalysis KYT" solution, the firm announced Thursday. According to Chainalysis, its real-time alerts "are designed to help cryptocurrency businesses and financial institutions mitigate exposure to regulatory and reputational risk by helping compliance teams focus on the most urgent activity and enforce compliance […]The post Chainalysis launches real-time alerts for 'suspicious transactions' across 15 cryptocurrencies appeared first on The Block.
Today the price of Bitcoin is US$$10,154.52; Ethereum is US$189.70; XRP is US$0.271555; Bitcoin Cash is US$304.91 and Litecoin is US$74.02. 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.
Sterling shot higher against the euro and dollar on Thursday, after comments from German leader Angela Merkel sparked hopes that a no-deal Brexit could be averted.
Employees of the Litecoin Foundation have volunteered for a pay cut to help the organization sustain through the times of decreased donations, especially in Q1 of 2019.The post Litecoin Foundation employees ‘voluntarily decreased salaries’ in wake of reduced donations appeared first on The Block.