|Day's Range||247.78 - 257.35|
|52 Week Range||82.05 - 698.46|
|Volume (24hr) All Currencies||2.22B|
The SEC on Monday delayed its ruling on a proposed bitcoin ETF (exchange-traded fund) from the investment firm VanEck.
Craig Wright Files For Bitcoin Patent Purported Bitcoin creator Dr. Craig Wright has been granted U.S. copyright registrations for the original Bitcoin white paper. The registrations recognize Wright as the author of both the white paper and the code under the famous pseudonym Satoshi Nakamoto. Wright is on the Bitcoin SV side of the debate, […]The post Cryptocurrency News Roundup May 21 appeared first on Market Exclusive.
DASH hits reverse in the early hours, following on from Monday’s pullback. A move back through to $167 levels would be needed to support a rebound.
The pendulum swings back in favor of the bears in the early hours of this morning. A recovery through key levels would support an afternoon rebound.
Goldman Sachs-backed crypto finance venture, Circle, has published a third-party audit of its USD-pegged stablecoin, USD Coin (USDC). This is an Ethereum-based token compliant with the ERC20 standard first announced in May last year and released a few months later. The audit of the coin’s fiat reserves was conducted by Grant Thornton. Its report states that as of 30th April 2019 at 11:59 PM Pacific Time: USD Coin (USDC) tokens issued and outstanding = 293,184,174 USDC US dollars held in custody accounts = $293,351,374 The issued and outstanding USDC tokens do not exceed the balance of the US dollars held in custody accounts. ‘Very attractive’ Earlier this year, Circle predicted significant retailer take up of USDC. In an AMA reddit The post Circle releases Grant Thornton attestation report on USD Coin appeared first on Coin Rivet.
It’s been quite a week for the majors and the bulls will be looking to end it on a high to see momentum continue into next week…
Ethereum is a blockchain-based decentralised platform designed for running smart contracts. As explained here, a smart contract is a program that runs exactly as coded by its creator. It is essentially an execution that can be set up ahead of time to trigger automatically once certain conditions are met. The Ethereum Virtual Machine (EVM) runs on the Ethereum network and allows anybody to run a program, making the process of building blockchain applications much simpler. Developers don’t need to build a new blockchain from scratch for each application, and they’re not tied down to a particular programming language. In essence, Ethereum is building the first decentralised world computer on a public blockchain. Smart contracts are important because they allow for The post A guide to Ethereum’s ERC standards appeared first on Coin Rivet.
The inability to stay above $8K threshold resulted in a Bitcoin drop of $1,400 in just a few hours. Over 24 hours, first cryptocurrency lost more than 9% to $7,300, only partially recovering from a decline to $6,600.
It’s down but not out for the crypto bulls. While double-digit losses have eaten into the weekly gains, it’s going to be about the 2nd half of the day.
The bears are fighting back. Is this profit taking or is the market in for a full reversal? Keeping an eye on the support levels will be key.
To fully understand the need for ERC (Ethereum Request for Comments) standards, you should understand how updates, upgrades, and code changes take place in Ethereum. Ethereum Improvement Proposals (EIPs) describe standards for the Ethereum platform, including core protocol specifications, client APIs, and contract standards. These are proposed by any Ethereum community member and then discussed internally. Only after you fully understand the connection between EIPs and ERCs can you understand how ERCs work. So, first things first. EIP types Before diving in to what EIP status means, you ought to understand what the purpose of each EIP type is and why there’s a wide variety of them. Standard Track: This describes any change that affects most or all Ethereum implementations, The post How Ethereum Improvement Proposals (EIPs) work appeared first on Coin Rivet.
Ethereum (ETH) is currently trading at around $230 after a massive 20% price increase over the last 24 hours. Most cryptocurrencies are now experiencing incredible gains after recovering and following Bitcoin’s upwards path. Volumes are also coming back in full force and ETH is now seeing close to $13 billion daily trade volume. Let’s take a look at the charts. Looking at the chart above, we can clearly see a couple of new interesting features. Firstly, the 20-day EMA has crossed the 50-day EMA, which is a very bullish signal. Price is now also trading well above the 200-day EMA. Moreover, there could now be new support forming around $185, just above the 200-day EMA. The newly achieved yearly highs The post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.
Over the last 5 days, the price of Bitcoin has soared by 31% or $2,000. At the time of writing, the benchmark cryptocurrency trying to catch on above $8,200.
The bitcoin price is going ballistic, the coin is up more than 13% today and heading toward $10,000 on a rocket.
Bitcoin bulls shifted into higher gear over the weekend , as prices surged to above $7550, levels not seen since August 2018.
DASH makes an early move, though will need to take another run at the resistance levels to avoid a pullback later in the day.
Bitcoin's price has grown by 135% since December 15 when the price fell to less than $3,200. The price has briefly surpassed $7,500 on Sunday, which was last seen on August 2; more than 9 months ago.The post Bitcoin jumps to 9-month high as price grows by 135% since December appeared first on The Block.
Ethereum founders Joseph Lubin and Vitalik Buterin and their respective organisations ConsenSys and the Ethereum Foundation are each donating 1,000 ether (ETH) to the Moloch decentralised autonomous organisation (DAO). Lubin made the announcement on Twitter. Thrilled to finally reveal that myself, @ConsenSys, @VitalikButerin, and the @Ethereum Foundation are all contributing 1k $ETH each to @MolochDAO. Huge thanks to @ameensol helping to redefine how we fund #Ethereum development. GUILD BANK NOW OVER $1M 🤯 #EtherealNY #YearOfTheDAO pic.twitter.com/6pDsLVKCrW — Joseph Lubin (@ethereumJoseph) May 10, 2019 MolochDAO is headed up by Ameen Soleimani, CEO of SpankChain, a decentralised payment solution for the adult industry. It launched earlier this year as a crowdsourced funding initiative to support Ethereum infrastructure projects. It started life with 22 founding members, The post Ethereum project MolochDAO gets major donation boost appeared first on Coin Rivet.