|Day's Range||10,010.76 - 10,474.64|
|52 Week Range||3,169.53 - 13,826.76|
|Volume (24hr) All Currencies||3.08B|
China’s claim that its cryptocurrency rival to Bitcoin is almost ready for launch has been branded as nonsense by some of the region’s crypto observers. Earlier this week, the deputy director of the People’s Bank of China (PBC) – Mu Changchun – hinted at an event in Beijing that the cryptocurrency was “very close to being out” and that the bank itself would be the issuer of the digital asset. In a Coin Rivet article for the Daily Express, it was reported that the Chinese government has been working on the project on-and-off for nearly five years, despite publicly eschewing Bitcoin and other global cryptocurrencies. The crypto narrative from the political corridors of Beijing has been ramped up in recentThe post Doubts hang over China’s Bitcoin rival boast appeared first on Coin Rivet.
Today the price of Bitcoin is US$$9,918.19; Ethereum is US$182.00; XRP is US$0.260172; Bitcoin Cash is US$303.94 and Litecoin is US$73.65. 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.
The U.S. entity of the world’s largest cryptocurrency exchange Binance, is expected to go live before November, but won’t serve New York residents initially.The post Binance US could go live before November, but won’t serve NY residents initially appeared first on The Block.
Coinbase has acquired Xapo's institutional custody business for $55 million, completing a deal that The Block first reported was ongoing in May.The post Coinbase has sealed the acquisition of Xapo's institutional custody service for $55 million appeared first on The Block.
Coinmine, a consumer-facing cryptocurrency mining startup, has raised a fresh new round of funding, according to a statement released on Thursday.The post Coinmine raises $2.5M in seed funding for its plug-and-play mining device appeared first on The Block.
Fiat-to-crypto exchange Binance Jersey has collaborated with Galaxy Capital-backed institutional trading and portfolio management platform Caspian, aiming to increase trading volumes in Europe.The post Binance Jersey ties up with Galaxy-backed crypto platform, aiming to increase trading volumes in Europe appeared first on The Block.
The current sentiment of the cryptocurrency market is showing “extreme fear,” according to Crypto Fear & Greed Index by data platform Alternative.me.The post Bitcoin investors suddenly exhibit ‘extreme fear,’ similar to Dec. 2018 situation appeared first on The Block.
Mark Cuban's Dallas Mavericks will support bitcoins as a method of payment, the NBA team announced via a press release on Tuesday.The post Dallas Mavericks to accept bitcoin as payment appeared first on The Block.
Maryland Attorney General Brian E. Frosh announced via a press release on Wednesday that his Securities Division is now participating in "Operation Cryptosweep." Operation Cryptosweep is a task force started by the North American Securities Administrators Association (NASAA) in 2018, to "begin a coordinated series of investigations into ICOs and cryptocurrency-related investment products." According to the […]The post Maryland Attorney General announces participation in 'Operation Cryptosweep' appeared first on The Block.
Cryptocurrency payment processing service provider Flexa is coming to Canada, the company announced in a blog post on Tuesday. This is Flexa's first offering outside the U.S.The post Flexa brings cryptocurrency payments to over 7,500 Canadian merchants appeared first on The Block.
The main bus service from the Brazilian city of Fortaleza, Ceará will begin accepting Bitcoin payments by the end of 2019, according to a recent report by Brazilian newspaper O Povo. Fortaleza bus will soon accept Bitcoin The Ceará Co-operative of Autonomous Passenger Transporters (COOTRAPS) announced that the new payment system for the Fortaleza bus service will be implemented towards the end of the year, and will accept major credit cards and mobile payments as well as BTC. This new measure aims to make payments easier for bus passengers to avoid delays and make the service better for everyone involved. With a new and updated payment system, passengers will be able to pay quickly in their preferred method. A major stepThe post Brazil's new public transportation service will soon accept Bitcoin appeared first on Coin Rivet.
HMRC’s bid to claw back taxes on cryptocurrencies demonstrates that digital assets are the future of money, claims the head of one of the world's largest financial advisors. Nigel Green, chief executive of deVere Group, delivered his assessment after it was revealed that the UK's HM Revenue & Customs was asking cryptocurrency exchanges to reveal customers’ names and transaction histories in a bid to recover unpaid taxes. “This move by the UK’s tax authority cannot be viewed as anything other than another clear sign that cryptocurrencies like Bitcoin, Ethereum, and XRP are not only part of mainstream finance, but also the future of money,” he observed. “There is a continual and increasingly rapid slew of indicators that digital currencies areThe post HMRC just proved crypto is the future, expert says appeared first on Coin Rivet.
South Korean electronics giant Samsung has silently added support for bitcoin to its Blockchain Keystore, an online decentralized applications (dapps) store.The post Samsung quietly adds support for bitcoin to its Blockchain Keystore appeared first on The Block.
Since August 10, BTC has been squeezed in a narrow range of around $11,400 and so far it experiences difficulties with determining the further direction. The current price dynamics are taking place against the background of the decline in trading volumes: according to CMC, over the last 7 days they have fallen by 42%. This may indicate a temporary loss of interest of investors, who prefer to stay aside waiting for new impulses.
The Securities and Exchange Commission (SEC) again postponed decisions on three bitcoin exchange-traded fund (ETF) proposals, according to several documents released by the regulatory agency on Monday. The post SEC again delayed decisions on three bitcoin ETFs, setting new deadlines in September and October appeared first on The Block.
Cryptocurrency exchange Coinbase has backed a $4.3 million seed funding round for upcoming cryptocurrency derivatives exchange Blade. The round also saw participation from venture firms SV Angel, A.Capital and Slow Ventures, among others, according to a report from TechCrunch on Monday.The post Coinbase backs $4.3M seed round for upcoming crypto derivatives exchange Blade appeared first on The Block.
The crypto bears are looking to take August, following a July pullback. It’s not panic stations yet, as Bitcoin steers clear of sub-$11,000…
A large sell-off of XRP on cryptocurrency exchange Beaxy on Monday triggered the tokens to trade at a 62% discount on Beaxy compared to other exchanges. The post Crypto exchange Beaxy halts trading activity and withdrawals after "unusual high volume activity" appeared first on The Block.
At the time of writing, Brazil’s GDP (Gross Domestic Product) appears to be struggling. While in 2011 the country’s total GDP was about R$2.8 trillion, today it's almost 30% lower at just above R$2 trillion. Can Brazil recover and avoid a potential economic meltdown? If so, what role – if any – can Bitcoin and other cryptocurrencies play? Brazil's economic data Even though Brazil’s GDP has actually increased over the past two years, the overall trend seems to be one of stagnation. Looking at the chart above, we can clearly see the biggest jumps took place during the early 2000s, with the Brazilian market growing from about R$800 billion in 2002 to R$2.6 trillion in 2012 - just 10 yearsThe post Could cryptocurrency boost Brazil's slow economic growth? appeared first on Coin Rivet.
At the time of writing, Bitcoin (BTC) is trading just above $11,340 after a sharp $500 dip over the weekend. Overall, price has dropped about 3% since last Monday. Bitcoin has been moving steadily upwards since the start of August, with price pumping from $9,500 and powering through the $10,000 and $11,000 levels with relative ease. Will the minor weekend correction hinder Bitcoin or will price push higher this week? Or will we see more major retracements back to the $10,000 region and below? As you can see from the chart above, BTC is now firmly back above its 20-day EMA after a couple of weeks of price bouncing around it. Last week I said I expected price to bounceThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.