|Day's Range||12,797.831 - 13,124.873|
|52 Week Range||4,968.18 - 18,097.54|
|Volume (24hr) All Currencies||52.66B|
It’s been a mixed start to the day. Failure to move back through to key levels by late morning could see the majors take a bigger hit on the day.
The Irish Criminal Assets Bureau (CAB) has been unable to access €53.6 million in Bitcoin that was seized earlier this week as the suspected drug dealer lost the private keys. Coin Rivet reported on the case on Wednesday - the largest seizure of assets in Ireland in more than 25 years. While it was initially being hailed as a success it is now being described as a nightmarish situation for Irish authorities, who fear that the Bitcoin fortune will be irretrievable. According to the Irish Times, Clifton Collins bought most of his Bitcoin in 2011 and 2012 using cash he made by growing cannabis, which the Irish High Court ruled as the proceeds of crimes. In early 2017 Collins hadThe post Suspected drug dealer loses private keys to seized €53.6m Bitcoin appeared first on Coin Rivet.
Former CFTC Chairman J. Christopher Giancarlo says private and public players need to team up on creating a U.S. central bank-issued digital currency.
Bitcoin is facing an uncertain weekend of price action following a gruelling week that has seen it slump dramatically from last Thursday's high of $10,500. At the time of writing it was trading above the $9,650 level of support after being propped up by the four-hour 200 exponential moving average (EMA). Weekend price action is typically unpredictable with low volume, which means that values could easily slide in either direction due to a lack of liquidity. A break down from the $9,650 level will bring price targets of $9,350 and $8,830 into the frame, while a break to the upside will undoubtedly cause a re-test of the psychological $10,000 level. It's worth noting that Bitcoin has surged by more thanThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Bitcoin endured its worst daily candle since September with a dramatic $1,000 sell-off within the space of 24-hours. It is now trading below the $9,600 level of support-turned-resistance after dwindling all the way down to $9,350. A breakdown in price from $9,350 will see a re-test of the 200 daily moving average, which is currently in confluence with the $8,830 level of support. Bitcoin is now trading 9% lower than it was this time last week when it tested the $10,500 level as anticipation began to build around May's halving event. In May Bitcoin will undergo its third block reward halving in its history. This has historically caused a significant rally in the price of cryptocurrencies as supply dries upThe post Bitcoin suffers worst daily candle since September appeared first on Coin Rivet.
Coinbase Pro, the crypto exchange’s trading platform for experienced customers, is set to list Kyber Network’s KNC token next week.The post Coinbase Pro set to list Kyber Network’s KNC token appeared first on The Block.
While it’s a bullish start to the day, a number of the majors have seen their early gains erode. That could test the majors later in the day.
Support kicks in early across the crypto board. Failure to move through to key levels by late morning could test the resilience, however.
The Criminal Assets Bureau, a law enforcement agency in Ireland, has seized €52 million (~$56 million) worth of bitcoins from a drug dealer.The post Irish authorities seize $56M worth of bitcoins from a drug dealer appeared first on The Block.
Peer-to-peer (P2P) bitcoin trading platform Paxful has reported $1.6 billion worth of global trading volume for 2019, driven by growth in Africa.The post P2P bitcoin exchange Paxful reports $1.6B worth of trading volume for 2019 appeared first on The Block.
It’s a bearish start to the day for the majors. Expect Bitcoin to provide direction later in the day. A move through Tuesday’s highs would signal a breakout.
After a choppy start, the majors move into the green. Failure to move through to key levels could lead to a reversal, however…
Cryptocurrencies across the board were still licking their wounds this evening after a brutal weekend that battered any clear signs of a storming bull market into submission. Bitcoin – despite soaring on Friday – dramatically tumbled by $500 after the hard work of a steady build-up across the psychological $10,000 line was undone in a matter of hours. The world’s most dominant cryptocurrency had been basking in Valentine’s Day affection with a surge from $10k to within kissing distance of $10,400 – a robust-looking move which provoked plenty of excitement among investors heading into the weekend. Others followed suit, with altcoins (alternatives to the market-leading bitcoin) finding a renewed energy. Fans of Bitcoin Cash, Ethereum and XRP were given causeThe post Cryptocurrencies prepare next move after torrid weekend appeared first on Coin Rivet.
Today the price of Bitcoin is US$9,821.88; Ethereum is US$252.87; XRP is US$0.284431; Bitcoin Cash is US$391.79 and Bitcoin SV is US$273.39. These are the top five cryptocurrencies by market capitalisation. About the top five 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 withoutThe post Top five cryptocurrencies - latest price appeared first on Coin Rivet.
Crypto exchange Binance's Singapore unit has applied for a license under the country’s new Payment Services Act, which came into force on January 28.The post Binance Singapore has applied for a license under the country’s new payment law appeared first on The Block.
It’s deep red for the majors at the start of the week as the bearish week spills into the early hours of Monday. It could be a messy few days…
After a bearish weekend, the majors are struggling at the start of the week. Bitcoin would need to return to $10,000 levels to resume the upswing.