6.92k followers • 31 symbols Watchlist by Yahoo Finance
Follow this list to discover and track Cryptocurrencies which have the highest trading volume in all currencies. This list is generated dynamically with the intraday price updates.
Apart from being a censorship-resistant store of value, Bitcoin’s main use case is trading. What most people, including the media, don’t understand is that's not inherently a bad thing. The post Skeptic's lens: Volatility is a feature, not a bug? appeared first on The Block.
Bitcoin's mining hash rate has reached an all-time high of 65,000,000 TH/s following positive price action that has seen the asset's total market cap rise above $200 billion. This level is now firmly above its mid-2018 highs of nearly 60,000,000 TH/s. Following Bitcoin's parabolic move to the upside over the past few months, the total daily block and transaction reward paid to miners has also seen an almost five-fold increase, rising from under $5 million to currently above $25 million a day. This new all-time high means Bitcoin's hash rate has completed a dramatic reversal after falling to almost half its current total during the December 2018 capitulation in BTC price. $2 billion in online hardware Based on estimates from LitecoinThe post Bitcoin's mining hash rate hits new all-time highs appeared first on Coin Rivet.
Bitfinex CTO Paolo Ardoino has teased on Twitter that the popular cryptocurrency exchange will soon offer up to 100x leverage. At the time of writing, the maximum leverage on Bitfinex is set at just 3.3x. By seasoned margin trading standards, 3.3x leverage is quite tame, with popular crypto derivative exchanges like BitMEX building their reputation on the ability to trade up to 100x leverage. At this level of leverage, only a 1% move against you would 'liquidate' your position - a level of volatility seen most days in the crypto markets. 👀🦁 pic.twitter.com/kBgPsGyOL3 -- Paolo Ardoino (@paoloardoino) June 24, 2019 The maximum leverage used when opening a trade typically refers to the leeway you have to lose on a tradeThe post 100x leverage is coming to Bitfinex appeared first on Coin Rivet.
Based on the early price action, the direction of the September U.S. Dollar Index on Tuesday is likely to be determined by trader reaction to Monday’s close at 95.487. If the Euro posts a reversal top then look for the index to post a reversal bottom.
Ahead of the day, Fed Chair Powell Speech and Consumer Confidence Index are must-watch events. On a broader technical view, the pair appeared to maintain a healthy uptrend.
It’s a mixed start to the day for the majors, with Ripple’s XRP trailing, though expect Ripple’s XRP to find support should the pack continue gain.
Negative comments ahead of trade talks and rhetoric from Iran in response to the prospect of sanctions dampen the mood ahead of the European open.
Cross-asset correlations are still high, but they seem to be decreasing, according to new analysis by The Block. A major issue for cryptocurrency investors is the inability to truly diversify their cryptocurrency holdings.The post Correlation between cryptocurrency prices is decreasing, but still strong appeared first on The Block.
Trump called the Fed as a “Stubborn Child”. Today, the Crude prices slipped around 1% over demand concerns boiled out of escalating US-Iran tensions. The April Japanese Leading Economic Index reported higher than market hopes.
Cryptoasset data provider Coin Metrics has released a report showing Kik's claims about its level of blockchain activity and adoption rates for its cryptocurrency Kin are inaccurate.The post Coin Metrics report: Blockchain activity shows Kik's claim that Kin is more widely used than Bitcoin or Ethereum is inaccurate appeared first on The Block.
At the recent CryptoCompare conference in London, Coin Rivet had the chance to catch up with Kraken employee Austin Alexander, who shared his thoughts on the entry of institutional money into the decentralised asset economy. Austin started out by telling us that institutional money will come eventually because Bitcoin will continue to grow as it’s “the best money that’s ever been created”. He said: “If they want to come now or they want to come next year or they want to wait 10 years, the sooner the better for these institutions. But there’s infinite fiat out there. There’s infinite slave money, so that’s great.” The Bitcoin OG and co-founder of the New York Bitcoin Centre reminded us that “there’s only 21 millionThe post Kraken exec believes that institutional money is coming to Bitcoin 'whether they realise it or not' appeared first on Coin Rivet.
This post first appeared in Frank Chaparro’s weekly column “Mad Crypto,” which is sent to Genesis members’ inbox every Monday morning. The post Mad Crypto: Libra was just the cherry on top of this rally appeared first on The Block.
A Reddit user has posted his version of the maths required for a future $10 million Bitcoin valuation. His assumptions are based on a number of factors including the global amount of millionaires, a $260 trillion stock and derivative market, and Bitcoin's intrinsically scarce supply schedule. BuyBitcoinWhileItsLo started his post by reminding people about the "fundamental fact that only 21 million Bitcoins will ever exist", and that unlike the dollar (which can be printed continuously forever), a Bitcoin is infinitely divisible - "So no matter how expensive one coin gets, infinite fractions of it can be purchased and used." 'They all can't grab a full Bitcoin' BuyBitcoinWhileItsLo estimated that "there are 36 million millionaires in the world today", and "byThe post Bitcoin: The route to $10 million appeared first on Coin Rivet.
Gold Wakes Up, Media Wakes Up To Gold Gold (NYSEARCA:GLD) is on the move, now above $1,400 an ounce for the first time since August 2013. Mainstream media is starting to pay more attention to the metal now, but still seems to keep to the basic script that gold goes up in times of uncertainty. […]The post Market Morning: Gold Awakens, More Iran Sanctions, Bitcoin Breaks Through, McDonald's Goes Robots appeared first on Market Exclusive.
Last week, when I wrote my usual Monday BTC price analysis, Bitcoin was trading close to $9,200. At the time of writing, Bitcoin (BTC) is trading just below $11,000 after price climbed 16% from $9,200 to $11,070 in just a couple of days. It seems the hypothesis that weekends are good for Bitcoin is indeed true, as BTC consolidated above the key $11,000 level during Saturday and Sunday before a dip going into Monday morning. My gut tells me this is what we've all been waiting for. Will Bitcoin maintain its weekend gains during the next few weeks? Has the bull market officially begun? Bitcoin/USD Bitcoin has experienced a major rally that has taken its price upwards close to 34%The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
US Secretary of State Mike Pompeo said “significant” sanctions would be imposed on Iran today. Chances of any trend reversal in the near-term stay low as the RSI moves, replicating the pair’s movements.
It’s a mixed start to the day as the markets look to gauge what’s next for Iran. Any retaliation to new sanctions will need to be looked out for…
DASH tracks the majors into the red as a late Sunday pullback spills into the early hours. A move through to $173 would signal a rally.
Bitcoin hits $11,000 in a particularly bullish week for the cryptomarket, that drove the total market cap back through to $300bn levels.
It’s a mixed start to the day saw Litecoin lose more ground against the majors. The rest of the pack were on the move early on.
The majors are on the move. Is this the breakout the bulls have been looking for or just an extension of late Thursday’s recovery…
US-based crypto venture DigitalMint has teamed with convenience store chain, Circle K, installing 20 Bitcoin ATMs across Arizona and Nevada as part of a pilot programme. “We are thrilled to be partnering with a respected organisation like Circle K,” says Marc Grens, President and Co-Founder, DigitalMint. “This opens the door for massive expansion of Bitcoin access to new markets around the globe.” Customers can buy up to $20,000 in Bitcoin per day. DigitalMint charges 12% of a transaction, although rate reductions are available. The Arizona ATMs are located in Phoenix, Mesa, Tempe, Tucson, Flagstaff, Surprise, Maricopa and Nevada ATMs in Las Vegas. DigitalMint says that the partnership makes it the largest Bitcoin ATM and PoS operator in the US. It currently hasThe post Circle K adds Bitcoin ATMs to 20 convenience stores appeared first on Coin Rivet.