|Day's Range||9,292.61 - 10,732.85|
|52 Week Range||3,169.53 - 13,826.76|
|Volume (24hr) All Currencies||6.87B|
A 31-year-old man has been formally charged in a Tel Aviv District Court indictment over suspected stealing of 6.1 million Israeli new shekels (~ $1.75 million) in cryptocurrencies.The post Alleged hacker indicted for stealing $1.75M in cryptocurrencies appeared first on The Block.
It’s a bullish start to the day. A move through to 78.5 levels would bring $80 back into play. Steering clear of $76.5 will be key on the day.
The majors are on the move early on. Holding onto key levels through the morning will be key to avoiding a reversal, however…
Ray Dalio, billionaire investor and co-chairman of Bridgewater Associates, called on investors in a research note to prepare portfolios for the coming transition out of this decade's central bank-led reflationary environment into a future met with unsustainably large liabilities and rising social and geopolitical tensions. The post Ray Dalio's new research note urges investors to find the 'next best storehold of wealth' when central banks devalue the fiat system appeared first on The Block.
U.S Rep. Patrick McHenry (R-N.C.), a ranking member of the Financial Services Committee, told CNBC's Squawk Box he thinks “there is no capacity to kill bitcoin.” According to McHenry, regulators have no ways of killing an open distributed ledger.The post There is no capacity to kill bitcoin, congressman says appeared first on The Block.
Cryptocurrency derivatives exchange LedgerX has listed its “first ever” $100,000 bitcoin call option with expiry in December 2020, it tweeted today.The post LedgerX lists $100,000 bitcoin call option with December 2020 expiry appeared first on The Block.
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.
The madness of Bitcoin’s recent few weeks took another twist today as the world’s most popular cryptocurrency crashed through the $10,000 barrier. Less than three weeks since its outstretched fingernails scratched the underside of $14,000 amid the ear-splitting cries of “$20k here we come”, BTC has taken a dive to $9,500 and once again found itself at the wrong side of the psychological $10,000 line. Like a stumbling drunk taking an undignified fall flat on its face on the pub doorstep, there were few warning signs of any mishaps other than simply consuming too many glasses of false triumph. Revolver The first heavy round came last week when Donald Trump grabbed his Twitter revolver and fired off every shot fromThe post Bitcoin dives below $9,500 appeared first on Coin Rivet.
Despite growing controversy over the crypto world’s latest big idea, some think Facebook's Libra might be a game-changer for the greater blockchain community.
The Lightning Network implements a security measure called ‘justice transactions’ which removes funds from dishonest nodes. According to a recent report by BitMEX Research, the Lightning Network removed 2.22 bitcoin (~$23,900) connected to dishonest transactions.The post Lightning Network nodes have claimed $24,000 in 'justice transactions' to deter bad actors, research shows appeared first on The Block.
The City of Richmond Hill, a municipality in Canada, is set to accept bitcoin (BTC) for property tax payments from residents and businesses, according to an announcement on Monday. The post Another Canadian municipality to accept bitcoin for property tax payments appeared first on The Block.
Social media giant Facebook heads to Capitol Hill Tuesday and will face lawmakers for two days of testimony about its proposed cryptocurrency project.
Indian police has freed three men held captive by a gang, the Hindustan Times writes. The kidnappers demanded 80 bitcoin in ransom.The post Indian police free captives, arrest 7 kidnappers who demanded 80 bitcoin ransom appeared first on The Block.
Bitcoin and the entire cryptocurrency market seem to be in a clear downward spiral. At the time of writing, the entire market has lost over 10% of its total value in just a matter of days. However, should traders and investors really be worried? After all, aren't these kinds of retracements welcomed by enthusiasts to make new entries? Let's take a quick look at the market and see what's going on with the top coins. Bitcoin As you can see from the chart, BTC has dropped down to its 20-day EMA, where price has bounced slightly. Still, it is quite close to its early July lows. What I expect to happen is for price to bounce between $9,000 and $10,000The post Cryptocurrency market update: Altcoins down over 20% appeared first on Coin Rivet.
At the time of writing, Bitcoin (BTC) is trading just above $10,200 after losing 25% of its total value since last week. Although last week I said I expected Bitcoin to consolidate a bit more above $11,400, it seems the market pulled a fast one and BTC went further down to the $10,000 region. Will Bitcoin push higher during the week? Or will we see more major retracements back to the $9,000 region and below? As you can see from the chart, BTC has dropped down to its 20-day EMA, where price has bounced slightly. Still, it is quite close to its early July lows. What I expect to happen is for price to bounce between $9,000 and $10,000 beforeThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Donald Trump's recent attack on the crypto space could push Bitcoin up to $40,000 by year-end, according to Fundstrat Global Advisors' Head of Research Thomas Lee. In an interview with Yahoo Finance, he said: "On balance, it’s a positive because cryptocurrencies and Bitcoin really are in the main stage now, with the Congress, the Fed, the President weighing in." Lee added: “It’s going to force everybody who is not involved — and remember a very small percentage actually cares about crypto and Bitcoin — it’s going to force the other 98% of the world to think about what it means." Bitcoin is now trading at a rarely seen level, he noted. “If you go back to every milestone that thatThe post Donald Trump's Bitcoin roast is a positive thing, Thomas Lee appeared first on Coin Rivet.
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.
The attention President Trump just brought to bitcoin could push prices up to $40,000 by the end of the year, says Fundstrat Global Advisors Head of Research Tom Lee.