|Day's Range||7,218.536 - 7,321.704|
|52 Week Range||3,191.30 - 13,796.49|
|Volume (24hr) All Currencies||16.68B|
Twitter is funding a developer team, dubbed Blue Sky, to establish a decentralized standard for social media, said Twitter CEO Jack Dorsey on the social media platform he helms. The post Twitter is funding five developers to build decentralized standards for social media appeared first on The Block.
In a recent episode of The Scoop, Chief Strategy Officer of the Human Rights Foundation, Alex Gladstein, discussed the ongoing protests in Hong Kong and how bitcoin could potentially transform the urban protesting environment.The post Bitcoin is creating a better future for human rights defenders, says Human Rights Foundation CSO Alex Gladstein appeared first on The Block.
Blockchain payments processor BitPay has added support for three stablecoins - Circle’s USD coin (USDC), the Gemini dollar (GUSD) and Paxos Standard token (PAX).The post BitPay now lets merchants accept three stablecoins, including Gemini dollar appeared first on The Block.
It’s a bearish start to the day for the trio, with Chainlink joining the pack in the red early on. Heavier losses could be on the cards.
MATIC finds early support as the rest of the pack struggles in the early hours. A move through to key levels is needed to avoid more losses…
US prosecutors have arrested three men while investigating an alleged $722 million Bitcoin scam. The Justice Department has branded the activities of the ‘BitClub Network’ as a “high-tech Ponzi scheme” that lured victims with fake Bitcoin mining profits while taking money from investors who were rewarded for recruiting new members. Apparently preying on people across the globe, the scheme is understood to have operated from April 2014 until recent days from offices in New Jersey, according to an indictment signed by US Attorney Craig Carpenito. The arrested men are 37-year-old Matthew Brent Goettsche of Lafayette, Colorado, Jobadiah Sinclair Weeks, 38, of Arvada, Colorado, and 49-year-old Joseph Frank Abel, of Camarillo, California. Goettsche and Weeks were charged with conspiracy to commitThe post Cryptocurrency rocked by massive Bitcoin fraud appeared first on Coin Rivet.
Cryptocurrency mining machine manufacturer Canaan made the headline last month by being one of the first cryptocurrency companies to tap into the public markets, but an expert said its initial public offering (IPO) may be "more symbolic" than substantial. The post Canaan’s IPO is “more symbolic” than substantial to the crypto industry, says expert appeared first on The Block.
Asset management group IDEG Investments has launched Asia’s first-ever Bitcoin trust for professional investors. In a press release published on Sunday, IDEG states that the funds are designed as an easy way for Asian "old money" to invest in the digital asset markets. The IDEG Investments group has launched two funds - the Asia Bitcoin Trust I and the Atlas Mining Trust I - which are both managed in different ways. Unlike Grayscale, which is a passively managed fund, the Asia Bitcoin Trust I is actively managed by a professional investment team, whereas the Asia Mining Trust I offers investors the opportunity to share profits from Bitcoin mining operators. Kevin Yang, CEO of IDEG, said: "As the investment manager ofThe post Two new Bitcoin trusts revealed for Asian markets appeared first on Coin Rivet.
Luno Malaysia, one of the only three regulated cryptocurrency exchanges in the country, is set to list XRP on its platform.The post Crypto exchange Luno set to list XRP on its platform after receiving regulatory nod appeared first on The Block.
It’s a mixed start to the day as the majors struggle for direction following Monday’s sell-off. Key levels would need to be hit by late morning for support.
Bitcoin (BTC) is currently trading at around $7,500 following a minor 2% increase in price since last Friday. BTC broke most of its support levels during a huge sell-off in November as the coin looked to be free falling. However, the world's largest cryptocurrency found support near $6,700 last week and bounced back up to $7,800 before consolidating around $7,500. Will BTC recover soon? Let's take a look at Bitcoin's chart, courtesy of TradingView. At the time of writing, Bitcoin is still on a short-term bearish trend. Since price has been consolidating for the last few days, I now expect a significant price movement sometime within the next week. Since the massive bull market that took Bitcoin close to $14,000The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Cryptocurrency exchange OKEx is launching bitcoin options trading later this month, according to an announcement shared with The Block on Monday.The post OKEx launching bitcoin options trading this month, ahead of CME Group appeared first on The Block.
It’s a bearish start to the day, with Stellar’s Lumen on the slide as it plays catch up with the broader pullback. It’s looking like a bearish day for the pack…
It’s a mixed start to the day for the majors. Failure to move through to key levels by late morning would test the bulls later in the day…
Cryptocurrency exchange Coinbase’s Visa debit card offering has added support for ethereum-based DAI stablecoin. Announcing the news Friday, Coinbase Card said DAI is the first stablecoin added to its offering.The post Coinbase’s Visa debit card adds support for DAI stablecoin appeared first on The Block.
Bitcoin could be heading to yearly lows following last month's death cross and a lack of positive sentiment. Bitcoin endured a distressing exponential moving average death cross on the daily chart on November 23, with several analysts suggesting that a descent to $5,900 is now on the cards. However, there has been a period of relative calm since the death cross, with Bitcoin languishing along the $7,350 level of support following a brief rally to $7,850 earlier this week. The previous two death crosses took place during the 2014 and 2018 bear markets, with Bitcoin proceeding to fall by more than 60% on both occasions. A slump of the same magnitude this time around would take Bitcoin to last December'sThe post Bitcoin death cross to force price below critical support level appeared first on Coin Rivet.
New Jersey-based BlockFi is extending their services to allow customers to trade their cryptocurrencies with zero fees attached.