• Ripple sales of XRP decreased 74% to $66.2 million in Q3; Ripple claims of “FUD” increased significantly
    The Block

    Ripple sales of XRP decreased 74% to $66.2 million in Q3; Ripple claims of “FUD” increased significantly

    Ripple sold $66.2 million of XRP in Q3 2019, an amount that is 74% lower than the $251.5 million that the company sold in Q2, which was a record quarterly sale.The post Ripple sales of XRP decreased 74% to $66.2 million in Q3; Ripple claims of "FUD" increased significantly appeared first on The Block.

  • Coinbase caught in Fidelity’s crosshairs
    Coin Rivet

    Coinbase caught in Fidelity’s crosshairs

    Fidelity Investments – the Boston-based multinational financial services firm – has announced it is to amplify its custody and trading services for cryptocurrency assets. The firm, with $2.8 trillion in assets under management, moved into Bitcoin in 2014 after setting up a $200,000 mining facility “for fun”. However, after seeing ‘serious potential’ in digital assets, it is now looking to ramp up its offering. The announcement is a clear signal that one of the world’s most respected financial establishments has nailed its colours to the mast over the future of cryptocurrency. Abigail Johnson – Fidelity’s CEO – today went on record as saying the cryptocurrency industry “is not going away”. “As long as the value is there,” she told theThe post Coinbase caught in Fidelity’s crosshairs appeared first on Coin Rivet.

  • Binance increases leverage up to 125x for its futures trading platform
    The Block

    Binance increases leverage up to 125x for its futures trading platform

    Cryptocurrency exchange Binance’s futures trading platform, Binance Futures, has just increased leverage up to 125 times from 20 times earlier.Announcing the news on Friday, Binance said traders can now select any leverage from 1x to 125x for its bitcoin (BTC)/ tether (USDT) futures contracts.The post Binance increases leverage up to 125x for its futures trading platform appeared first on The Block.

  • Bitcoin lightning startup ACINQ launches a wallet for faster payments ‘under 3 minutes’
    The Block

    Bitcoin lightning startup ACINQ launches a wallet for faster payments ‘under 3 minutes’

    ACINQ, a startup that is working on bitcoin’s Lightning Network to make it a “scalable and instant” payments network, has just launched a non-custodial wallet for making faster payments.The post Bitcoin lightning startup ACINQ launches a wallet for faster payments ‘under 3 minutes’ appeared first on The Block.

  • Craig Wright labels Binance’s CZ a ‘lowlife money laundering piece of scum’
    Coin Rivet

    Craig Wright labels Binance’s CZ a ‘lowlife money laundering piece of scum’

    Bitcoin SV head honcho Craig Wright has launched a scathing attack at Binance CEO Changpeng 'CZ' Zhao, branding him a "money laundering piece of scum". The comments from Wright, who claims to have written the Bitcoin whitepaper under the pseudonym Satoshi Nakamoto, came during an exclusive interview with Coin Rivet at London's CC Forum. Wright's attendance at the conference caused a stir on social media, with numerous cryptocurrency supporters urging people to boycott to event. When asked for his thoughts on negative comments from the likes of Adam Back, Samson Mow and CZ himself, Wright replied: "You have to understand that even if I don't like tax, I pay it. CZ is just a lowlife, money laundering piece of scum,The post Craig Wright labels Binance's CZ a 'lowlife money laundering piece of scum' appeared first on Coin Rivet.

  • The Top 5 cryptocurrencies – latest price
    Coin Rivet

    The Top 5 cryptocurrencies – latest price

    Today the price of Bitcoin is US$7,950.18; Ethereum is US$172.59; XRP is US$0.290388; Tether is US$1.01 and Bitcoin Cash is US$215.42. 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.

  • Bitcoin has failed as a means of payment or store of value: G7 report
    The Block

    Bitcoin has failed as a means of payment or store of value: G7 report

    Cryptocurrencies, including bitcoin, have so far failed to provide a "reliable and attractive" means of payment or store of value, according to a report from the Group of Seven (G7) nations.The post Bitcoin has failed as a means of payment or store of value: G7 report appeared first on The Block.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 18/10/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 18/10/19

    It’s a mixed start to the day, with Bitcoin Cash ABC bucking the trend. Movement in the late morning will dictate the direction for the day.

  • The Crypto Daily – Movers and Shakers -18/10/19
    FX Empire

    The Crypto Daily – Movers and Shakers -18/10/19

    It’s a mixed start to the day. Bitcoin would need to steer clear of sub-$8.060 levels to support further upside on the day.

  • The Block Review: BitBox02
    The Block

    The Block Review: BitBox02

    Disclosure: Shift Cryptosecurity, the creators of BitBox, sent The Block the BitBox02 devices that are reviewed in this article.The Block is beginning a new series in which we will offer "first impression" reviews of products in the cryptocurrency industry; this article is the first in that series.The post The Block Review: BitBox02 appeared first on The Block.

  • As cryptocurrency investors grow more educated, there is growing concern of regulation says Grayscale
    The Block

    As cryptocurrency investors grow more educated, there is growing concern of regulation says Grayscale

    Investors in digital asset manager Grayscale have become far more educated in the past decade, managing director Michael Sonnenshein tells The Block on a recent episode of The Scoop.The post As cryptocurrency investors grow more educated, there is growing concern of regulation says Grayscale appeared first on The Block.

  • SEC Stopped Libra and Gram, but What About China?
    FX Empire

    SEC Stopped Libra and Gram, but What About China?

    Bitcoin treading waters around the $8K threshold: investors are tired of waiting for a rebound and playing tug-of-war. Bears are set to open champagne if Bitcoin breaks below support at $7,800, where BTCUSD has been unfolding to growth since late September. Company Grayscale Investments reported a very successful quarter.

  • Latest Litecoin price and analysis (LTC to USD)
    Coin Rivet

    Latest Litecoin price and analysis (LTC to USD)

    Litecoin (LTC) experienced exponential growth earlier this year. Prior to mid-June, the altcoin was the best performing coin of 2019, growing more than 170% in fewer than 90 days and peaking at around $145. However, a serious summer downtrend saw it tumble to around $56 by the end of September. Last week, Litecoin recovered to around $58, but over the past 24 hours LTC has lost more than 2% and is currently sitting at $53. Is Litecoin consolidating for the time being? As you can see from the chart above, Litecoin started to recover on September 29, a trend that only stopped last week, when LTC crashed around 12%. Due to the significant BTC dump which took place during lateThe post Latest Litecoin price and analysis (LTC to USD) appeared first on Coin Rivet.

  • Binance just crossed $1 billion in cumulative profit
    The Block

    Binance just crossed $1 billion in cumulative profit

    “Keeping barriers to entry low” mantra seems to have paid off well for cryptocurrency exchange Binance. The exchange has just crossed a whopping $1 billion in cumulative profit as of Sept.The post Binance just crossed $1 billion in cumulative profit appeared first on The Block.

  • KuCoin’s derivatives platform launching bitcoin monthly futures in ‘few weeks’
    The Block

    KuCoin’s derivatives platform launching bitcoin monthly futures in ‘few weeks’

    Cryptocurrency exchange KuCoin’s derivatives platform, KuMEX, is going to launch bitcoin monthly futures contracts in a “few weeks.”Michael Gan, founder and CEO of KuCoin, announced the news at the Blockchain Life 2019 Forum in Moscow, Russia, according to a press release shared with The Block on Wednesday.The post KuCoin’s derivatives platform launching bitcoin monthly futures in ‘few weeks’ appeared first on The Block.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 17/10/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 17/10/19

    It was back into the red in the early morning, with Bitcoin weighing on the broader market. It could be a choppy day ahead…

  • Ethereum and Stellar’s Lumen Daily Tech Analysis – 17/10/19
    FX Empire

    Ethereum and Stellar’s Lumen Daily Tech Analysis – 17/10/19

    It’s back into the red early, with the pair needing to move through key levels to avoid heavier losses on the day.

  • The bugs that almost killed Bitcoin
    Coin Rivet

    The bugs that almost killed Bitcoin

    Bitcoin was the first cryptocurrency, being introduced to the world by the anonymous developer or group of developers that go by the name Satoshi Nakamoto. BTC has had a long history of ups and downs, some of which were quite good for the community as it allowed folk to further accumulate additional Bitcoin. Others, however, almost destroyed the original crypto. Today I aim at looking at some of the toughest bugs Bitcoin developers had to deal with, why did they happen, what went wrong and how they were mitigated. I will do my best to keep things simple and not technical. Ready to hear some of the most disturbing stories surrounding Bitcoin? How bugs happen Software is created through scripts.The post The bugs that almost killed Bitcoin appeared first on Coin Rivet.

  • US authorities bust global child porn ring after following Bitcoin trail
    Coin Rivet

    US authorities bust global child porn ring after following Bitcoin trail

    One of the world's largest chid porn rings has been busted by US and Korean authorities after they followed a series of Bitcoin transactions. The US issued an indictment against Jong Woo Son, who is accused of operating a darknet market that accepted Bitcoin in return for more than one million videos of child pornography. Following the site's closure in March 2018, there has been a global crackdown with more 300 users of the site being arrested in 11 countries including the UK, Germany, Brazil and Saudi Arabia. Bloomberg also revealed that at least 23 victims have been rescued in the US, UK and Spain. The use of cryptocurrencies including Bitcoin has been key to the investigation as users ofThe post US authorities bust global child porn ring after following Bitcoin trail appeared first on Coin Rivet.

  • Feds take down one of the largest child exploitation sites; seeks to seize bitcoins
    The Block

    Feds take down one of the largest child exploitation sites; seeks to seize bitcoins

    U.S. and Korean authorities have taken down one of the world's largest online marketplace for child pornography, according to an unsealed indictment first cited by NBC News.The post Feds take down one of the largest child exploitation sites; seeks to seize bitcoins appeared first on The Block.

  • Libra's co-founder: 'There is a chance' the cryptocurrency could present systemic risk
    Yahoo Finance

    Libra's co-founder: 'There is a chance' the cryptocurrency could present systemic risk

    The Facebook executive behind the Libra blockchain project says its developers are designing the cryptocurrency under the assumption that it could grow large enough to present risks to the economy.

  • Latest Ethereum price and analysis (ETH to USD)
    Coin Rivet

    Latest Ethereum price and analysis (ETH to USD)

    Over the last 24 hours, Ethereum (ETH) has experienced a minor downfall - around 2% in price from $182 to $179 at the time of writing. Although it seemed the altcoin was putting out some higher lows, the trend has now reversed. As mentioned last week, Ethereum was attempting to recover from a downtrend which saw the coin suffer heavy losses towards the end of last month. ETH touched $225 during mid-September before plunging to $150 - a 34% loss. Will Ethereum's recovery resurge? Or will ETH continue to plunge towards yearly lows? Let's take a look at the chart for Ethereum. Over the course of September, Ethereum was seemingly well on the road to recovery following a tough summer,The post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.

  • CipherTrace adds support for over 700 crypto assets, including bitcoin cash, ether and tether
    The Block

    CipherTrace adds support for over 700 crypto assets, including bitcoin cash, ether and tether

    Blockchain analytics firm CipherTrace has added support for over 700 digital assets, including bitcoin cash (BCH), ether (ETH), litecoin (LTC) and stablecoin tether (USDT), to its platform.The post CipherTrace adds support for over 700 crypto assets, including bitcoin cash, ether and tether appeared first on The Block.

  • Ethereum and Stellar’s Lumen Daily Tech Analysis – 16/10/19
    FX Empire

    Ethereum and Stellar’s Lumen Daily Tech Analysis – 16/10/19

    It’s a mixed start to the day for the pair. It could be another choppy day ahead should the pair fail to move through to key levels.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 16/10/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 16/10/19

    The majors find early support but will need to avoid a pullback to early lows to deliver a reversal of Tuesday’s sell-off.

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