BTC-CAD - Bitcoin CAD
| Previous Close | 11,110.16 |
| Open | 11,110.16 |
| Day's Range | 10,907.784 - 11,110.16 |
| 52 Week Range | 4,484.87 - 18,097.54 |
| Start Date | 2013-04-28 |
| Algorithm | N/A |
| Market Cap | 200.117B |
| Circulating Supply | 18.18M |
| Max Supply | N/A |
| Volume | 25,825,325,056 |
| Volume (24hr) | 25.83B |
| Volume (24hr) All Currencies | 25.83B |
- Coin Rivet
How to maximise your profits when selling cryptocurrency
In order to make any profit from cryptocurrencies, traders need to know how to get the best price when selling their holdings. If you've ever found yourself asking "How much should I sell?" or "When should I sell?", this article will hopefully help you find some answers. You'll learn how to control your emotions, set price levels to sell your Bitcoin and altcoins, and what percentage of your portfolio you should sell at what prices. My aim in this article is to show you how to create a long-term trading strategy that will maximise your ROI while maintaining over 20% of your total cryptocurrency holdings. As always, the views in this article should not be considered financial advisement. The volatility ofThe post How to maximise your profits when selling cryptocurrency appeared first on Coin Rivet.
- FX Empire
EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 25/01/20
It’s a bearish start to the day for the majors. Failure to move through to key levels would bring support levels back into play.
- Coin Rivet
Latest Bitcoin SV price and analysis (BSV to USD)
Bitcoin SV (BSV) is currently trading at around $257 after a huge 19% drop since last week. BSV has fallen significantly over the last 24 hours, losing around 9% in value. From September to October 2019, BSV pumped close to 80% before dropping around 45% towards the end of the year. However, the price of BSV spiked to a new all-time high this month after pumping over 300% since the start of 2020. Last week, at the peak of its most recent rally, BSV was worth $425 per coin. Will Bitcoin SV recover from its recent slump or continue to fall? Let's take a look at the chart. Despite the recent drop, Bitcoin SV's price chart is still extremely bullish.The post Latest Bitcoin SV price and analysis (BSV to USD) appeared first on Coin Rivet.
- Coin Rivet
Bitfinex trader profits $7 million as Bitcoin begins bearish descent
Bitfinex trader JOE007 has gained a staggering $6.95 million in unrealised profit by trading Bitcoin this week, according to the exchange's leaderboard. In December, Coin Rivet reported on the same trader's woeful loss of $26 million as he found himself caught in a long position during Bitcoin's decline to $6,800. However, as Bitcoin began to claw its way back up after the turn of the year, his profit and loss flipped into the positive. Bitcoin is now more than 10% down in the past five days, indicating that JOE007 has been holding a short position during the decline. The daily candle closed beneath the $8,450 level of support yesterday as Bitcoin moves closer towards the 200 exponential moving average (EMA),The post Bitfinex trader profits $7 million as Bitcoin begins bearish descent appeared first on Coin Rivet.
- FX Empire
The Crypto Daily – Movers and Shakers – 24/01/20
It’s turned bearish for the majors, with losses this week eating into last week’s gains. A Bitcoin move back through to $8,500 levels would signal support.
- Coin Rivet
The Bitcoin futures market is growing with more solutions on the way
A futures contract is a technique used to hedge positions and reduce the risk of the unknown. In the case of Bitcoin, futures are mostly associated with speculators who wish to use traditional, regulated financial services to bet on the price of Bitcoin. Essentially, Bitcoin futures allow for traditional investors to enter the Bitcoin space and participate in the markets without having to go through all the steps needed to buy actual Bitcoin. As Andreas Antonopolous explains in this interview with Ivan on Tech, the more developed a market is, the more options will appear to bet on the price of said market. In this article, I will take a look at how the Bitcoin futures market has been developing.The post The Bitcoin futures market is growing with more solutions on the way appeared first on Coin Rivet.
- Coin Rivet
Bitcoin flips bearish with battle over $8,450 level of support
A tremendous tussle between Bitcoin bulls and bears is underway this morning with a major sell-off causing price to slump towards the $8,450 level of support. This particular level provided a bounce for Bitcoin's price on two occasions over the weekend, while it was also a point of resistance on January 8. A daily candle close below this level would see the world's largest cryptocurrency flip into a bearish posture with downside price targets emerging at $8,150 and $7,850. A corrective move to the downside would also see a rejection of a potential golden cross, which would have seen the daily 50 EMA cross the 200 EMA to the upside for the first time since April 2019. However, the bearishThe post Bitcoin flips bearish with battle over $8,450 level of support appeared first on Coin Rivet.
- FX Empire
Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 23/01/20
It’s a bearish start to the day, with support levels in play. Failure to break back through the support levels would lead to heavier losses in the day.
- FX Empire
EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 23/01/20
It’s back into the red for the majors. Failure to break through to key levels by late morning could lead to heavier losses…
- Coin Rivet
‘Regulation will see Bitcoin go mainstream in the UK’ – Coinfloor CEO
Tighter EU laws governing cryptocurrency will lead to wider Bitcoin adoption, claims the CEO of established UK crypto exchange Coinfloor. This month, the European Union implemented a new law – known as the EU Fifth Anti-Money Laundering Directive (5AMLD) – which requires cryptocurrency platforms and wallet providers to identify their customers for anti-money laundering purposes. The UK has decided to implement the law despite its decision to leave the EU. Coinfloor CEO Obi Nwosu says tighter EU and UK Financial Conduct Authority (FCA) regulations will increase confidence among consumers. He told Coin Rivet: “Clearer regulation is a going to be a good thing for the UK and EU. It will bring more certainty for users, service providers like us, andThe post ‘Regulation will see Bitcoin go mainstream in the UK’ – Coinfloor CEO appeared first on Coin Rivet.
- The Block
Bitcoin is ‘not effective’ to serve purposes of money, says billionaire investor Ray Dalio
Billionaire investor Ray Dalio, who is the founder of the world’s largest hedge fund Bridgewater Associates, is not a fan of bitcoin. Dalio believes bitcoin doesn’t serve purposes of money. “There’s two purposes of money, a medium of exchange and a store hold of wealth, and bitcoin is not effective in either of those cases […]The post Bitcoin is ‘not effective’ to serve purposes of money, says billionaire investor Ray Dalio appeared first on The Block.
- Coin Rivet
Money Saving Expert founder Martin Lewis targeted by Bitcoin scammers
Martin Lewis, financial journalist and founder of hugely popular personal finance site MoneySavingExpert.com, has had his likeness used by scammers for fake Bitcoin adverts. Taking to Twitter to express his outrage, Lewis warned followers that his image is being used by Bitcoin scammers in an attempt to defraud vulnerable victims. Lewis shared a screenshot of one of the scam ads, shown above, which appears to show his likeness alongside the headline “Martin Lewis lends a hand to British families with Bitcoin Future”. The scam ad, which takes the form of a legitimate-looking advertorial circulated via email, goes on to state that Brits are making up to £450 a day from the Bitcoin scheme, leading to many "quitting their jobs". BeThe post Money Saving Expert founder Martin Lewis targeted by Bitcoin scammers appeared first on Coin Rivet.
- The Block
BitPay adds support for XRP
Blockchain payments processor BitPay has added support for XRP, the world’s third-largest cryptocurrency by market capitalization. XRP has been integrated on BitPay's platform via Ripple’s open developer platform, Xpring. The two companies first partnered on the initiative in October. At the time, Sean Rolland, BitPay’s director of product, said that XRP can offer a payment […]The post BitPay adds support for XRP appeared first on The Block.
- FX Empire
Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 22/01/20
It could be a choppy day ahead for the majors, as they give up early morning highs… A move back through Tuesday’s highs by late morning would signal a breakout.
- FX Empire
The Crypto Daily – Movers and Shakers – 22/01/20
It’s a relatively bullish start to the day for the pack. A Bitcoin move through to $8,800 levels would signal a breakout…
- The Block
Square Crypto unveils its first product: a developer kit for the Lightning network
Square Crypto, the crypto initiative begun by payment company Square, has unveiled a developer kit for bitcoin's Lightning network. The post Square Crypto unveils its first product: a developer kit for the Lightning network appeared first on The Block.
- The Block
Self-hosted bitcoin payments processor BTCPay launches new ‘Vault’ desktop app
BTCPay has released a new desktop application – BTCPay Vault – to integrate user hardware wallets into its system and allow more users to take advantage of its full Bitcoin node. Established in 2017, BTCPay is a self-hosted, open-source bitcoin payments processor. According to an official blog post, the platform does not store private keys […]The post Self-hosted bitcoin payments processor BTCPay launches new 'Vault' desktop app appeared first on The Block.
- Coin Rivet
Bitcoin technology: What’s coming in 2020?
Bitcoin has been accused many times in the recent past of lacking innovation and quality developers working on its core protocol. However, if you look at what's going on under the hood, you'll see a great deal of exciting new features have been added over the last few years, with even more scheduled for this year. For example, last year, blockchain technology company Blockstream released Miniscript, a new scripting compiler for Bitcoin that aims to improve its programmability without compromising security. Recent technology proposals include Schnorr signatures (a new signature scheme), MAST (a brand new Merkle tree data structure), and Taproot, which offers a way to allow all participants to agree on an outcome and sign off on a settlementThe post Bitcoin technology: What's coming in 2020? appeared first on Coin Rivet.
- The Block
Grayscale’s Bitcoin Trust is now registered with the SEC as reporting company
Crypto asset manager Grayscale’s Bitcoin Trust has been officially registered as a Securities and Exchange Commission (SEC) reporting company. As previously reported, the New York-based firm filed a registration statement on Form 10 with the SEC in Nov. 2019 on behalf of its Grayscale Bitcoin Trust (GBTC). It has been over 60 days after the […]The post Grayscale's Bitcoin Trust is now registered with the SEC as reporting company appeared first on The Block.
- Coin Rivet
Will the Bitcoin halving spur a bull market?
The highly anticipated Bitcoin halving will take place later this year, with several analysts predicting that it could spur another cryptocurrency bull market. Roughly every four years, or every 210,000 blocks, Bitcoin undergoes a block reward halving, which means the reward for miners who add new blocks to the Bitcoin blockchain gets cut in half. The first halving happened in 2012. One year later, Bitcoin reached a new all-time high. The second halving came in 2016, with Bitcoin famously surging to a $20,000 all-time high in December 2017. Cryptocurrency mining is a very energy-intensive and expensive process, with electricity, insurance, and equipment all demanding a hefty initial and ongoing cost. Many believe that when the block reward is slashed, BitcoinThe post Will the Bitcoin halving spur a bull market? appeared first on Coin Rivet.
- The Block
Bitcoin’s ‘Twitter sentiment’ data gets rolled out by a blockchain data firm
New Zealand-based blockchain data and research firm Brave New Coin (BNC) has launched a new metric for bitcoin. Dubbed “Twitter Sentiment,” the metric analyzes over 34 million bitcoin-related tweets every week, BNC announced Monday. The firm uses Artificial Intelligence (AI) algorithms that search for tweets containing words such as bitcoin, $BTC and BTC, among others. […]The post Bitcoin’s ‘Twitter sentiment’ data gets rolled out by a blockchain data firm appeared first on The Block.
- Coin Rivet
$445 million in Bitcoin transferred for just $0.25
Interest in the Bitcoin blockchain's ability to process hugely valuable BTC transfers for negligible transaction fees has been renewed recently after it emerged several multi-million dollar transactions have been processed for less than a dollar. The latest of these transactions, which totals almost $450 million, occurred yesterday for a tiny fee of $0.25. The origin or recipient of the BTC is unknown at this point. Twitter account ‘Bitcoin Block Bot’ alerted Bitcoin users that 51,511 BTC, worth around $445 million, had been moved on the blockchain on January 19. Whale alert! 🐋 Someone moved 51,511 BTC ($445M) in block 613,644 https://t.co/ykVCeXiTBl -- Bitcoin Block Bot (@BtcBlockBot) January 20, 2020 Users immediately noted the low transaction fee, comparing it to theThe post $445 million in Bitcoin transferred for just $0.25 appeared first on Coin Rivet.
- FX Empire
Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 21/01/20
It’s a mixed start to the day. Steering clear of key levels through the morning would support a breakout later in the day.
- FX Empire
EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 21/01/20
It’s a mixed start to the day. A breakout from Monday’s highs would bring the resistance levels into play later today.
- Coin Rivet
Peter Schiff blames blockchain after losing access to Bitcoin wallet
Peter Schiff, founder of the SchiffGold precious metals brokerage, has caused controversy among crypto enthusiasts after claiming that Bitcoin as a monetary system is broken. Schiff tweeted on Sunday that he has lost all his Bitcoin as his crypto wallet is "corrupted". Schiff claims his BTC is now intrinsically worthless and has no market value. However, the real blow to the Bitcoin community came when Schiff commented: “I knew owning Bitcoin was a bad idea, I just never realized it was this bad!” Erik Voorhees, long-time Bitcoin supporter and CEO of crypto exchange ShapeShift, gifted the Bitcoin to Schiff in 2018, worth $50 at the time. However, Voorhees claims that Schiff has simply forgotten the password to his wallet andThe post Peter Schiff blames blockchain after losing access to Bitcoin wallet appeared first on Coin Rivet.
