• Bakkt’s monthly bitcoin futures hit all-time-high of $15M
    The Block

    Bakkt’s monthly bitcoin futures hit all-time-high of $15M

    Bitcoin derivatives provider Bakkt just logged the largest single-day trading volume of its physically-settled monthly bitcoin futures. The volume hit ~$15.33 million on Friday, passing its previous high of ~$10.25 million on October 25.The post Bakkt's monthly bitcoin futures hit all-time-high of $15M appeared first on The Block.

  • Latest Bitcoin price and analysis (BTC to USD)
    Coin Rivet

    Latest Bitcoin price and analysis (BTC to USD)

    Bitcoin (BTC) is currently trading at just above $8,700 and has managed to form a strong level of support following a 5% drop in price since last week. Bitcoin has been consolidating since last month after price spiked from $7,500 to over $10,000 before retracing to the $9,000 range. Following a number of lower highs, Bitcoin now seems to be in a confirmed uptrend, with price holding above all its EMAs for nearly a week before a minor dip last Friday. Will BTC recover back to $10,000 and above soon? Let's take a look at Bitcoin's chart. As you can see from the chart above, BTC is now back trading above its 200-day and 50-day EMAs - something that hasn'tThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.

  • Binance adds support for euro, bringing the total to 5 currencies for its direct fiat-to-crypto trading facility
    The Block

    Binance adds support for euro, bringing the total to 5 currencies for its direct fiat-to-crypto trading facility

    Cryptocurrency exchange Binance has added support for euro (EUR) for its direct fiat-to-crypto trading facility, according to an announcement Friday. The exchange has also added support for Ukraine’s and Kazakhstan’s fiat currencies - hryvnia (UAH) and tenge (KZT), respectively, as The Block broke the news last week.The post Binance adds support for euro, bringing the total to 5 currencies for its direct fiat-to-crypto trading facility appeared first on The Block.

  • Exclusive: Giles Coghlan, HYCM, Shares His Expertise on What’s Driving the Forex Market
    FX Empire

    Exclusive: Giles Coghlan, HYCM, Shares His Expertise on What’s Driving the Forex Market

    Giles Coghlan is the Chief Currency Analyst at HYCM, an established global forex and CFD broker and part of the Henyep Capital Markets Group, an international conglomerate with a heritage of over 40 years, first established in 1977.

  • Ethereum and Stellar’s Lumen Daily Tech Analysis – 11/11/19
    FX Empire

    Ethereum and Stellar’s Lumen Daily Tech Analysis – 11/11/19

    It’s a bearish start to the day after the pair made solid gains on Sunday. Failure to move back through the morning highs could lead to heavier losses.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 11/11/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 11/11/19

    It’s a mixed start to the day for the majors, with the broader market seeing red through the morning. Heavy losses could be on the cards following Sunday’s moves.

  • The Crypto Daily – Movers and Shakers -11/11/19
    FX Empire

    The Crypto Daily – Movers and Shakers -11/11/19

    It’s a mixed start to the day for the majors after a mixed bag last week. Bitcoin will need to move back to $9,100 levels to support the pack.

  • What causes a Bitcoin bubble?
    Coin Rivet

    What causes a Bitcoin bubble?

    Bitcoin bubbles generally tend to grow after a fresh wave of new users join the market. The first registered Bitcoin bubble popped in 2011. This was then followed by a second bubble in late 2013. After that bubble burst, the market had to wait over four years before the biggest Bitcoin bubble of them all exploded spectacularly. In December 2017, Bitcoin reached $20,000 - a record price in the history of any cryptocurrency. But once the bubble burst, the digital asset came crashing down to lows of $3,150. Given that Bitcoin's price is currently around 50% of its all-time high, will we ever see another massive run? Let's take a look at what causes a Bitcoin bubble and whether it'sThe post What causes a Bitcoin bubble? appeared first on Coin Rivet.

  • Bobby Lee talked me out of 50 euros in less than 15 minutes
    Coin Rivet

    Bobby Lee talked me out of 50 euros in less than 15 minutes

    It wasn’t long since my plane had hit the tarmac on the Blockchain Island. I arrived at my hotel. They had no record of my booking, the taxi had left, and I had to walk to my new lodgings some 10 minutes away. Not that far, you might say. But that’s perhaps because you haven’t dragged a suitcase across Malta’s charming cobbled streets (or swerved by its not-so-charming gaping chasms in the pavement). In the drizzly November rain. Bobby Lee can be very persuasive I quickly refreshed at the hotel I eventually found with the aid of Google Maps and then rushed to meet Bobby Lee at the Intercontinental. If you’re not familiar with the name, he’s the co-founder ofThe post Bobby Lee talked me out of 50 euros in less than 15 minutes appeared first on Coin Rivet.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 10/11/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 10/11/19

    It’s a bearish start to the day, with Bitcoin Cash ABC leading the way down. Following Friday’s slide and Saturday’s gains, it could get choppy…

  • Is it worth joining an Ethereum mining pool?
    Coin Rivet

    Is it worth joining an Ethereum mining pool?

    Once you’ve decided to become an Ethereum miner and have your hardware ready to go, the next big question you’re likely to consider is whether you should join an Ethereum mining pool. A mining pool is a group of individual miners who work together to mine cryptocurrencies – in this case, Ether. There are lots of advantages to joining a mining pool, although it’s important to know the ins and outs before signing up. Types of mining There are three main ways individuals can mine cryptocurrencies like Ether: On your own: If you mine Ether on your own you receive all the rewards without having to pay anyone else or share the proceeds. However, it’s extremely difficult to successfully mineThe post Is it worth joining an Ethereum mining pool? appeared first on Coin Rivet.

  • Three things Bitcoin miners should know
    Coin Rivet

    Three things Bitcoin miners should know

    Now that Bitcoin (BTC) seems to have recovered from its most recent bear market, more people are once again interested in mining the popular digital asset. In this article, I will discuss three fundamental principles anyone interested in mining Bitcoin should consider: full nodes, hash rate, and profitability. After all, mining Bitcoin means you are providing a much-needed service to the market: minting new currency by validating blocks. Mining vs running a full node Awesome post by ⁦@BitcoinErrorLog⁩! So many ppl still fail to understand who secures btc. Tldr: nodes do. Hence, why the importance of running full validating nodes 💪🏻 pic.twitter.com/kOfCMY1GBQ -- Pedro Febrero (@Febrocas) October 31, 2019   Although you might have heard that mining secures cryptocurrency transactions,The post Three things Bitcoin miners should know appeared first on Coin Rivet.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 09/11/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 09/11/19

    The crypto bears took a bite out of the majors on Friday. There could be more losses to come should Bitcoin fail to move back to $9,000 levels…

  • Chinese police arrest former Bitmain employee, who is now CEO of its rival MicroBT
    The Block

    Chinese police arrest former Bitmain employee, who is now CEO of its rival MicroBT

    Police in China have arrested Yang Zuoxing, a former employee of cryptocurrency mining chips manufacturer Bitmain and the current CEO of its rival MicroBT, the maker of WhatsMiner bitcoin miners. The post Chinese police arrest former Bitmain employee, who is now CEO of its rival MicroBT appeared first on The Block.

  • Top five cryptocurrencies – latest price
    Coin Rivet

    Top five cryptocurrencies – latest price

    Today the price of Bitcoin is US$8,795.29; Ethereum is US$183.04; XRP is US$0.274926; Tether is US$1.00 and Bitcoin Cash is US$276.43. These are the top five cryptocurrencies by market capitalisation. About the top five 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 Top five cryptocurrencies - latest price appeared first on Coin Rivet.

  • Soaring value: Private jet firm plans to sell charters with Ethereum
    Coin Rivet

    Soaring value: Private jet firm plans to sell charters with Ethereum

    A company called Jet Token hopes to raise $10m for an Ethereum-powered private jet leasing marketplace. Flyers will be able to pay for charters using ERC-20 tokens. The company claims it will be able to reduce costs and implement simpler booking, as well as slash the amount of time planes are sitting idle. A statement said: “We believe the tokenisation of flight hours and (as we mature) fractional membership programmes offers the possibility of reduced transaction costs and, through the evolution of a marketplace, higher industry fleet utilisation. “Our purposeful enhancement of price discovery and reduced entry price have the potential to produce fairer and more inclusive results for aircraft owners and travellers alike.” The statement says Jet Token hasThe post Soaring value: Private jet firm plans to sell charters with Ethereum appeared first on Coin Rivet.

  • Another crypto derivatives exchange wins CFTC nod to offer physically-settled bitcoin swaps
    The Block

    Another crypto derivatives exchange wins CFTC nod to offer physically-settled bitcoin swaps

    The U.S. Commodity Futures Trading Commission (CFTC) has just given the green light to another Swap Execution Facility (SEF) operated by cryptocurrency startup Tassat, following SeedCX's and LedgerX's SEF registrations. The post Another crypto derivatives exchange wins CFTC nod to offer physically-settled bitcoin swaps appeared first on The Block.

  • The Crypto Daily – Movers and Shakers -08/11/19
    FX Empire

    The Crypto Daily – Movers and Shakers -08/11/19

    It’s a mixed start to the day for the majors, following a pullback on Wednesday. Bitcoin will need to steer clear of sub-$9,220 to support the majors.

  • Tether responds to academic paper on bitcoin manipulation; calls it ‘flawed’ and ’embarrassing’
    The Block

    Tether responds to academic paper on bitcoin manipulation; calls it ‘flawed’ and ’embarrassing’

    Tether has issued an official response to an updated paper republished early this week by two U.S. academics who claimed a single market whale on Bitfinex likely manipulated bitcoin's surge in 2017.The post Tether responds to academic paper on bitcoin manipulation; calls it 'flawed' and 'embarrassing' appeared first on The Block.

  • Latest Litecoin price and analysis (LTC to USD)
    Coin Rivet

    Latest Litecoin price and analysis (LTC to USD)

    Litecoin (LTC) experienced exponential growth earlier this year. Prior to mid-June, the altcoin was the best performing digital asset of 2019, growing more than 170% in fewer than 90 days and peaking at around $145. A serious summer downtrend then saw LTC tumble to around $49. At the time of writing, Litecoin is showing signs of recovery and is currently trading at around $61 - 5% higher than last week. However, price has dropped around 2% over the last 24 hours. Will Litecoin consolidate above $60? Let's take a look at the LTC chart. As you can see from the chart above, Litecoin suffered a huge fall around mid-September due to a significant BTC dump which impacted the entire market.The post Latest Litecoin price and analysis (LTC to USD) appeared first on Coin Rivet.

  • Ethereum and Stellar’s Lumen Daily Tech Analysis – 07/11/19
    FX Empire

    Ethereum and Stellar’s Lumen Daily Tech Analysis – 07/11/19

    The bears are in control early as Stellar’s Lumen gives up more of its weekly gains. Failure to move through to key levels by late morning could weigh further.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 07/11/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 07/11/19

    It’s a bearish start to the majors, with Ripple’s XRP seeing heavy losses early on. It could be a bearish day for the cryptos…

  • The Block

    Square Cash App Q3 bitcoin sales topped a record $148 million, up over 245% since last year

    Another quarter, another bitcoin sales record for Square Cash App. Square posted a record $148 million in quarterly bitcoin sales for the third quarter of 2019, up ~20% on volumes from last quarter, and up more than 245% since Q3 2018.The post Square Cash App Q3 bitcoin sales topped a record $148 million, up over 245% since last year appeared first on The Block.

  • Latest Ethereum price and analysis (ETH to USD)
    Coin Rivet

    Latest Ethereum price and analysis (ETH to USD)

    At the time of writing, Ethereum (ETH) is trading at around $193 following a 4% gain in price over the last 24 hours. As mentioned last week, Ethereum was in a clear consolidation downtrend towards the end of October after making a number of lower highs since mid-July when the coin suffered a massive drop. However, the altcoin downtrend seems to have reversed since the pump two weeks ago that caused Bitcoin's price to rise 40%. Will ETH continue to recover to above $200? Or will it plunge back towards $160 and below? Let's take a look at the chart for Ethereum. Over the course of September, Ethereum was seemingly well on the road to recovery following a tough summer,The post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.

  • China decides to not eliminate crypto mining industry in a new final plan
    The Block

    China decides to not eliminate crypto mining industry in a new final plan

    The Chinese government has decided not to eliminate the cryptocurrency mining industry from the country in a new final plan. The National Development and Reform Commission (NDRC) of China, a central government agency in charge of formulating macroeconomic policies, has today published a final "Industrial Structure Adjustment Guidance Catalog" – a list of those industries […]The post China decides to not eliminate crypto mining industry in a new final plan appeared first on The Block.