|Day's Range||5,290.57 - 5,348.59|
|52 Week Range||3,271.7600 - 9,687.0879|
17th April 2019 – eToroX, the blockchain division of global investment company eToro, has today announced the launch of its crypto exchange – a secure and regulated trading venue offering a range of cryptoassets as well as a suite of stablecoins. Yoni Assia, Co-founder and CEO of eToro, says: “Just as eToro has opened up traditional markets for investors, we want to do the same in the tokenized world. We want to bring crypto and tokenized assets to a wider audience, allowing them to trade with confidence. This is the future of finance. Blockchain will eventually ‘eat’ traditional financial services through tokenization.” At launch the exchange will have a range of instruments including: · Eight fiat-stablecoins The post eToroX launches crypto exchange including suite of unique stablecoins appeared first on Coin Rivet.
Bitcoin is in the last stage of the bear market, the accumulation phase, according to a report from digital assets fund Adamant Capital. “The current sentiment has recovered from capitulation and the blockchain shows us that Bitcoin HODLers are committing for the long-term again. This is confirmed by our drawdown and volatility analyses,” the report states. “While lower prices are still possible, Bitcoin’s fundamentals are gaining momentum. Embraced by Millennials, its ecosystem is developing at rapid clip, both as a decentralised bottom-up disruptive technology, and as an uncorrelated, highly liquid financial asset for institutional portfolios around the world.” The long term risk-reward ratio for Bitcoin is currently the most favourable of any liquid investment in the world. Adamant Capital reckons The post Bitcoin heads for mass market adoption as Millennials get onboard appeared first on Coin Rivet.
Bitcoin forks are defined as changes in the protocol of the Bitcoin network. Forks can also be defined as the situations that occur when two or more blocks have the same block height. A fork, in essence. influences the validity of the rules. Usually there are significant changes associated to hard forks, even though any type of fork usually brings change to the protocol. Forks are typically conducted in order to add new features to a blockchain or to reverse the effects of hacking or catastrophic bugs. Forks require consensus to be resolved or else a permanent split emerges. Soft fork vs hard fork A soft fork is a backward compatible method of upgrading a blockchain. In other words, a The post Major Bitcoin hard and soft forks. Where are they now? appeared first on Coin Rivet.
In the latest weird-but-wonderful trend taking over the crypto community, Satoshi's Treasure kicked off this week. The global hunt for $1 million in BTC requires players to find private key fragments spread across the physical world and the internet by breaking encryptions.The post We talked to the co-creator of Satoshi's Treasure, the million-dollar global bitcoin scavenger hunt appeared first on The Block.
If you’re looking to convert Bitcoin to euro, it isn’t quite as straightforward as popping along to your local bureau de change. There are a few different ways to cash in your Bitcoin, and they each have their advantages and disadvantages. The most popular method is to use a centralised exchange like Coinbase or Gemini, but you could also trade your Bitcoin through a peer-to-peer platform or use a Bitcoin prepaid card. Whichever method you use, you need to make sure it is safe and secure. Start by exploring the reputable exchanges Exchanges like Coinbase and Gemini not only let you buy Bitcoin – they also enable you to sell your Bitcoin and other cryptocurrencies for fiat. The exchanges connect The post Looking to convert Bitcoin to euro? Follow these tips appeared first on Coin Rivet.
Sometimes I feel I know a lot about Bitcoin, blockchain, how the crypto space properly functions, and how it will most likely evolve. From time to time, I even consider myself an expert. But then reality strikes when you happen to have a chance to speak to a Bitcoin community superstar like Jimmy Song. Jimmy has been a programmer for most of his life and joined the Bitcoin space in 2013. He’s a lecturer at the University of Texas and the author of the awesome book Programming Bitcoin: Learn How to Program Bitcoin from Scratch (which you should definitely read if you’re into Bitcoin technicalities). The conversation was really amusing and Jimmy was quite transparent and straight to the point, The post Jimmy Song discusses Bitcoin, blockchain, and the crypto space appeared first on Coin Rivet.
Trading cryptocurrency can be stressful, emotional, and addictive. Despite this, many people choose to trade cryptocurrency on a daily basis looking for the ultimate underrated gem and hoping that it one day shoots to the moon. Whilst this is unlikely for many cryptocurrencies, it still doesn’t stop people buying low and trying to sell high. Although there can be plenty of pain in trading cryptocurrency, here are three benefits you might gain. A deep knowledge of the market and your emotions Unless you get extremely lucky, you are more than likely going to lose money trading cryptocurrency without doing sufficient research. This means that you need to have a basic understanding of both the underlying technology of cryptocurrencies as well The post Three benefits of trading cryptocurrency appeared first on Coin Rivet.
Today the price of Bitcoin is US$5,286.33; Ripple is US$0.341400; Ethereum is US$171.87; Bitcoin Cash is US$309.78; Litecoin is US$81.10. 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 “relying on The post The Top 5 cryptocurrencies latest price appeared first on Coin Rivet.
Binance OTC volumes have risen significantly this month, according to its CFO Wei Zhao in a conversation with Decrypt.“Last month we saw a lot more volume than, say, three months ago.The post Binance sees a 'significant' rise in OTC volumes in April appeared first on The Block.
Online trading and investing platform eToro has officially launched its own crypto exchange which will trade six major cryptocurrencies along with a newly launched raft of ten fiat-pegged stablecoins on a custom API-driven platform called eToroX. Reporting live from Paris Blockchain Week Summit, Coin Rivet got the chance to catch up with eToro CEO Yoni Assia shortly after he made the announcement on stage. eToroX Launching today: fully regulated crypto exchange 🙌https://t.co/Xhez95mxN7#SpringisComing #PBWS #ParisBlockchainWeek #eToroX @PBWSummit @ParisBlockWeek @yoniassia pic.twitter.com/aFMj9uOQXX — eToroX (@eTorox) April 16, 2019 The new exchange will be able to initially trade eight major fiat-pegged stablecoins (as ERC-20 tokens on Ethereum), six cryptocurrencies (Bitcoin, Ethereum, Ripple, Dash, Bitcoin Cash, and Litecoin), and 37 trading pairs. Speaking about the The post eToro CEO reveals plans to add leverage and new tokenised asset types to eToroX appeared first on Coin Rivet.
A cryptocurrency podcast is a great way to stay up to date with all the latest goings-on in the world of cryptocurrencies. Podcasts provide an ideal medium to absorb information – whether you’re on a run, working at your office, or simply relaxing at home. There are a wide variety of cryptocurrency podcasts. Some are aimed at developers, some are aimed at traders, and many are just general chit-chats that are easy for newcomers to understand. There is something for everyone. Here are three cryptocurrency podcasts to add to your library. The Magical Crypto Friends The Magical Crypto Friends podcast consists of Charlie Lee, creator of Litecoin; Riccardo Spagni, one of the lead developers behind Monero; Samson Mow, chief strategy The post Three cryptocurrency podcasts to add to your library appeared first on Coin Rivet.
The Rotate bar in London’s Shoreditch now accepts payments for food and beverages with instantaneous transactions over the Lightning Network. The bar, which is currently an active hotspot for the crypto community in London, used its links to partner with lightningpay.co.uk, a payment provider which offers custodial and non-custodial solutions. The bar’s owner, James Stell, said that “they helped us set up our payments solution and provide ongoing help when required”. At the moment, Rotate is not too worried about the volatility associated with accepting Bitcoin payments for food and drinks. “Our belief during our trial period was that we had seen the bottom or were close to the bottom of the bear market, so we were happy to take The post London’s first Lightning Network bar is ready for business appeared first on Coin Rivet.
Two of the most common arguments against Bitcoin I still hear fiat-proponents claiming is that Bitcoin’s price is “way too volatile” and the currency is “energy-intensive and wasteful” to produce. So today I come bearing great news for those thinking these arguments make any sense. Yes, from a certain point of view they might sound appealing. However, they couldn’t be further from the actual facts and truth. Bitcoin, in the medium to long term, will lose most of its volatility percentage-wise, and the amount of power needed to produce one Bitcoin won’t increase exponentially given an increasing number of users, as some analysts have wrongfully predicted. Let’s start from the beginning. ‘Bitcoin is way too volatile’ "The volatility of Bitcoin The post Bitcoin myths: Volatility and energy waste appeared first on Coin Rivet.
It looks like there was a major Bitcoin and Ethereum bull run at the start of April reaching 2017 peak levels, but will it last? Cryptocurrency pricing is certainly volatile, but what we do know for sure is that blockchain investing doesn’t seem to be going away any time soon. Andreessen Horowitz is trading its VC title for RIA so that it can invest more into the crypto space without restrictions. In fact it plans to invest as much as $1 billion into the industry – if that’s not a telling enough sign that the company is in it for the long haul. And the VC giant is not alone in its thinking. More and more large organisations are looking The post The appetite for blockchain investment appeared first on Coin Rivet.
Bitcoin has managed to hold its market cap above $90 billion as the markets look to be winding up for another attempt to break through the next key level of resistance to the upside at $6,000. If the market can find continued support above $5,000, then another bullish move will seemingly take the decentralised asset back above a $100 billion valuation. After closing the weekly candle with a doji, traders are signalling indecision in the market and calling for a ‘no-trade zone’. However, since breaking up from $4,200 at the start of the month and smashing through multiple long-term moving averages (such as the 200-SMA), the global asset is looking to build confidence for another break towards the $6,000 range The post Bitcoin is curling up to attack $6,000 as market order book depth stands above $300 million appeared first on Coin Rivet.
At the time of writing, Bitcoin is trading above $5,100, although volumes have been dropping across all exchanges over the weekend. BTC is trading above its 200-day EMA after continuing its pump from last week. During the weekend, price has remained quite stable, trading between $5,080 and $5,150. Let’s take a look at what’s going on with Bitcoin. Bitcoin/USD At its peak last week, price touched close to $5,400 before hitting a sell wall shortly after. Volume-wise, things are a bit gloomier. As we can see from the volume bars on the left of the graph above (blue and yellow), Bitcoin’s volume seems to be hinting that people are still betting on a lower price for Bitcoin. This means that The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Coin Rivet had the chance to catch up with Bitcoin OG Thomas Hunt at the CoinFest conference in Manchester last week. An old-time Bitcoiner who has been in the crypto media space since way back in 2013, Hunt has since introduced the world to the Mad Bitcoins character and also founded the popular YouTube channel World Crypto Network. So iconic was this channel back in 2014/15 that you could even say that the name helped to label the term ‘crypto’ as we know it today. Although most of the contributors were (or still are) staunch Bitcoin maximalists, the show has never failed to commentate on the news surrounding not just Bitcoin (and its scaling debate) but the wider decentralised ecosystem The post Mad Bitcoins is an advocate for ‘HODL plus profits’ appeared first on Coin Rivet.
The world of cryptocurrency never sleeps. It’s always changing, always evolving, and it’s always volatile. This puts many people off getting involved with cryptocurrency. Investing and trading cryptocurrency can be daunting for newcomers. Mainstream adoption of cryptocurrency will only be achieved through education, willingness, and relevant use cases. We look to provide all of this below. Starting out can be tough, so we’ve simplified cryptocurrency for beginners. Below are five guides that will help you to understand the industry and each of its niches. Whether you’re brand new or you want to take the next step into your cryptocurrency journey, we’ve got something for you. 1. A definitive guide to cryptocurrency Want to know the basics about cryptocurrency? This guide The post Cryptocurrency for beginners deciphered in five definitive guides appeared first on Coin Rivet.
When you first start crypto trading, you are likely to learn some harsh lessons. The volatility in prices coupled with a 24/7 market means that you always have to be on your toes and ready to react. Whilst some people can make a lot of money, it always comes with risk, and you can be sure that there are just as many people who have lost a lot of money as well. Before you begin, here are five tips you should know. Fundamental research Before investing in a project, you should do a huge amount of research to ensure you are fully aware of all the positives and negatives. This can be particularly difficult. Finding accurate sources on projects is The post Five lessons you should learn before you start crypto trading appeared first on Coin Rivet.
Before we dive into this “new” monetary model applied to capitalist economies, I would like to make a note and explain why I’m so against this way of conducting monetary policy and why I don’t think this is actually a new model, but simply the statement fiat-currencies are bound to explode. A few years ago, it was understood by most economists that boom-burst cycles were associated with the quantity of money circulating in an economy. Inflation and growth go hand-in-hand so despite the quantity of money increasing, the economy isn’t necessarily growing. Interestingly, it seems we forgot about this core concept somewhere along the way. If not, what’s happening with most, if not all, first-world economies? Why are governments allowing private The post What’s wrong with Modern Monetary Theory (MMT)? appeared first on Coin Rivet.
Early Bitcoin advocate Eric Voorhees has said that “by holding Bitcoin, you are ultimately trusting open source code” in a dig at political systems all around the world. Political trust levels are currently plummeting. In countries like Venezuela, we can see political turmoil spilling into the lives of citizens who are now fleeing in droves across the borders. Also highly ranked on the list of politically unstable countries are Brazil, Ukraine, and Turkey, who have all seen major surprises in their recent elections. By holding dollars you are ultimately trusting politicians. By holding Bitcoin you are ultimately trusting open source code. Trust in politicians tends to fall over time. Trust in open source code tends to rise over time. And The post Eric Voorhees compares trust in politicians to open source code appeared first on Coin Rivet.
Cryptocurrencies are “clearly shaking the system” according to the Managing Director of the International Monetary Fund (IMF) Christine Lagarde. The IMF chief’s words followed a panel at the IMF Spring Meetings in which she called for financial regulation to move forward with fintech innovation. If you really wanted stability you would have stayed on gold. You chose an instable and "shaking" system when you made the catastrophic engineering decision to build a global financial system on government shitcoins! pic.twitter.com/Lft5W0ikgg — Saifedean Ammous (@saifedean) April 11, 2019 Regulation needed to protect the system from crypto Lagarde spoke about a need for regulation to actually have a purpose to protect the incumbent legacy system from the decentralised threat of crypto. She said: The post IMF boss worried that crypto is ‘shaking the system’ appeared first on Coin Rivet.
News reports of Goldman Sachs opening a cryptocurrency desk are being disputed by the firm, CEO David 'DJ" Solomon told a U.S.The post Goldman Sachs CEO denies the firm ever intended to build out a crypto desk appeared first on The Block.
So you want to become a Bitcoin trader? Despite how it may appear on Twitter, there are very few people who have the tools in their locker to make it as a successful trader. There are however a few tips that can help if you are interested in the field. Here is what you need to know if you are thinking of becoming a Bitcoin trader. Don’t invest more than you can afford to lose The first tip doesn’t involve any trading tools but is the most important. Don’t ever invest more than you can afford to lose. Simple, right? Yet some traders are extremely arrogant or greedy. Whilst you may think making $500 would be amazing, your brain can The post How to become a Bitcoin trader appeared first on Coin Rivet.
Since Bitcoin broke out from the $4,200 range in early April, we have started to see some significant buy support to protect the decentralised asset class from falling below the key psychological level of $5,000. After the historic figure was first reached in early September 2017 – on the wave of JP Morgan CEO Jaime Dimon labelling BTC a scam and claims about China potentially looking to “ban Bitcoin” – the market bounced off $5,000 to trade all the way back down to $3,000 in a matter of only two weeks. However, after Bitcoin looked to have found a new tranche of people “buying the dip” at $3,000, price again took off to reach and rally past the same $5,000 The post Bitcoin clings on to its key psychological $5,000 support appeared first on Coin Rivet.