|Day's Range||292.66 - 315.48|
|52 Week Range||73.83 - 876.63|
|Volume (24hr) All Currencies||392.10M|
Bitcoin Cash (BCH) has been hit hard by the sudden market downtrend. Its price, which was trading above $400 earlier this month, is now close to $300, representing a massive 25% loss in value. BCH is currently trading at around $301 - about 5% lower than last week. Although BCH has been one of the better performers in the market over the last week, it is now on a clear downtrend. Let's find out why. Looking at the chart above, we can see that the price of BCH is now trading below all its EMAs, even though volume-wise BCH is still supported by a massive wall near $168-$170. Bitcoin Cash broke the $350 level around its 200-day EMA in earlyThe post Latest Bitcoin Cash price and analysis (BCH to USD) appeared first on Coin Rivet.
It’s back in the red for the majors. A move back through to key levels would be needed to signal a rebound later in the day.
The Coinbase Bundle product has been deprecated, per an FAQ on the cryptocurrency exchange's site. All cryptocurrency balances that users obtained via Bundle purchases have been placed into the respective asset wallet in the Coinbase user's account.The post Coinbase has quietly shut down the Coinbase Bundle product appeared first on The Block.
The majors are on the move early on. Holding onto key levels through the morning will be key to avoiding a reversal, however…
It’s green across the crypto-board early on. Bitcoin will be the market barometer on the day. A move into the red would weigh on the majors.
More than 94% of Bitcoin Satoshi Vision (BSV) network activity comes from a weather app called WeatherSV, according to a report from blockchain analytics firm CoinMetrics on Tuesday.The post Over 94% of daily BSV transactions come from a weather app: CoinMetrics appeared first on The Block.
It’s been a bearish week as the bears look to take back control following a bullish first half of the year… A Sunday rebound may not be enough.
It’s back in the red for the majors, as the bears look to reverse Friday’s gains. Failure to recover by early afternoon will see heavier losses on the day.
Japanese cryptocurrency exchange Bitpoint has announced today that it has been hacked, losing about 3.5 billion yen ($32 million) in cryptocurrencies, including XRP.The post Japanese crypto exchange Bitpoint hacked, lost $32 million appeared first on The Block.
Cryptocurrency exchange Poloniex has announced the introduction of seven new asset pairs, with three markets tied to USD Coin (USDC) and four tied to Tether (USDT). The post Poloniex introduces new asset pairs for Tether and USDC appeared first on The Block.
It’s back into the red for the majors. Following a mixed bag last week, it could be a testy day ahead for the bulls.
Bitcoin leads the way for the current week as some of the majors struggle. While dominant, it’s not been the most impressive of weeks for the Bitcoin bulls.
It’s a bearish start to the day. The majors could be in for a choppy day if there’s no recovery to key levels early on.
The U.S. Securities and Exchange Commission (SEC) is getting ever more serious about blockchain data. While many of the world's governments and politicians focus on Facebook's recently introduced Libra and data sharing among virtual asset providers, the SEC is seeking more data on public blockchains.The post SEC seeks blockchain data provider to monitor risk, improve compliance, and inform policy appeared first on The Block.