|Day's Range||6,687.944 - 6,774.007|
|52 Week Range||2,535.00 - 10,871.59|
|Volume (24hr) All Currencies||15.67B|
Cryptocurrency is offering younger generations new ways to managing their money. Global Chair of the Financial Services Sector at Edelman Deidre Campbell joins Yahoo Finance’s Zack Guzman, Heidi Chung and Julie Hyman to discuss on YFi PM.
It’s back into the red for the majors. As momentum shifts in favor of the bears, failure to move through to key levels could deliver heavier losses.
Two men have been arrested and charged in U.S. District Court in Boston for their role in a nationwide SIM swap scheme in which the pair allegedly hijacked victims' phones and social media accounts to steal cryptocurrency, representatives of the U.S.The post US authorities arrest 2 in alleged SIM swap cryptocurrency theft scheme appeared first on The Block.
An exec for the Dallas Mavericks basketball team says uptake on Bitcoin payments is slow - but he expects more fans to take interest in the future. The team was the second NBA franchise to accept Bitcoin as a method of payment for tickets and merchandise. Mavericks Chief Technology Officer David Herr said it is an option for those who want to use it while also allowing the business to prepare for more wide-scale adoption. He told sports business news website Front Office Sports: “[Users] are pretty low, I don’t want to say infancy, but it’s a select group of people using it. “We did some research, heard some discussions and conversations, and one comment was it’s still complicated toThe post Dallas Mavericks tech chief says sports crypto payments are ‘still complicated to 99% of the population’ appeared first on Coin Rivet.
The Unknown Fund, organized by a group of anonymous people, plans to invest and donate $75 million in bitcoin (BTC) to those startups working directly or indirectly on enhancing privacy.The post Anonymous fund plans to invest and donate $75M in bitcoin to startups working on enhancing privacy appeared first on The Block.
Cryptocurrency exchange Coinbase’s Visa debit card has today added support for XRP and four more coins. The four coins are Brave browser’s basic attention token (BAT), Augur (REP), Stellar (XLM) and 0x (ZRX), Coinbase Card announced Thursday.The post Coinbase’s crypto Visa debit card adds support for XRP and 4 more coins appeared first on The Block.
The Iranian government has reportedly finalized power tariffs for cryptocurrency miners and is offering a bounty for exposing illegal mining operations in the country.The post Iran announces power tariffs for crypto miners; offers bounty for exposing illegal operations appeared first on The Block.
The crypto world has been expanding at a rapid pace in recent years, defying the often mixed sentiments toward an asset class that has adversely impacted the cryptomarkets through much of 2018.
Hackers have demanded 565 bitcoins, currently worth about $5 million, from Mexico’s national oil company Pemex in a cyberattack. The hack, detected on Sunday by Pemex, has forced the company to shut down its computers across Mexico, Reuters reported Wednesday.The post Hackers demand $5M in bitcoin from Mexico's national oil company Pemex appeared first on The Block.
Stellar’s Lumen bucks the trend early as the majors struggle on. Failure to move through to key levels could sink the pair later in the day.
It’s yet another bearish start to the day for the majors. Failure to move through to key levels could lead to a heavy slide later in the day.
Bakkt, a provider of physically-settled bitcoin futures contracts, is now planning to offer a cash-settled version of the product due to customer demand.The post Bakkt now plans to offer cash-settled bitcoin futures; looking to beat rival CME Group appeared first on The Block.
This month couldn't have got off to a better start. After the huge Bitcoin pump we saw in late October, where the price of BTC increased over 40% in the space of 24 hours, it seems the market has now stabilised. I personally expect the positive trend to continue this week following the recent news that President Xi Jinping wants China to be a key player in the blockchain space. It's notable that following Xi's comments, there was a massive surge in searches for "blockchain" and "Bitcoin" on WeChat. In addition, the endorsement for blockchain may kick-start a wave of adoption by the Chinese, especially by businesses, just as the brand new government-backed cryptocurrency is getting ready to launch. Let'sThe post Cryptocurrency market update: Consolidation ahead appeared first on Coin Rivet.
Investment app Abra announced on Tuesday that its global users will soon be able to trade over 200 new cryptocurrencies on its revamped platform over the next few weeks. The post Crypto investment app Abra will soon allow users to trade over 200 cryptocurrencies appeared first on The Block.
The Association for Digital Asset Markets (ADAM) has released a code of conduct, which all of its members, including Hudson River Trading, Galaxy Digital, and Genesis Global Trading, will sign in early 2020. The post Crypto trading alliance ADAM issues code of conduct; recruits 5 new members including BitGo appeared first on The Block.
Derivatives exchange giant CME Group has revealed the planned launch date of its options on bitcoin futures. Pending regulatory approval, CME Group plans to launch the product on Jan.The post CME sets date for options product tied to its bitcoin futures appeared first on The Block.
Daniel Matuszewski, former head of Circle Trade, an over-the-counter (OTC) trading desk of cryptocurrency firm Circle, has jointly set up a new proprietary trading firm called CMS Holdings.The post Former Circle Trade head forms a new crypto proprietary trading firm appeared first on The Block.
Stellar’s Lumen continues to find support following Sunday’s rally and Monday’s trend-bucking gain. The rest of the pack are playing catchup.
It’s a mixed start to the day, with Bitcoin Cash ABC in the red. The majors could come under pressure by late morning if key levels are not hit.
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.
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.