|Day's Range||10,440.55 - 10,605.61|
|52 Week Range||3,169.53 - 13,826.76|
|Volume (24hr) All Currencies||5.18B|
Amid Facebook facing backlash for its cryptocurrency Libra, Bitcoin has fallen from last week's price of $14,000 to around $9,600. Yahoo Finance's Dan Roberts, Myles Udland, and Melody Hahm break down the details.
With the Libra hearings, the price of bitcoin all over the place and other crypto news in the mix, Morgan Stanley analysts took a deep dive into what's been going on with blockchain and cryptocurrencies. Specifically, they lay out 4 points. Myles Udland, Melody Hahm and Heidi Chung discuss.
The U.S. government has seized $19 million worth of bitcoins from a drug trafficker, who allegedly laundered funds through the cryptocurrency on the dark website known as "Silk Road." The U.S.The post US authorities seize $19 million worth of bitcoins in dark web drug probe appeared first on The Block.
The Coinbase Bundle product has been deprecated, per an FAQ on the cryptocurrency exchange's site. All cryptocurrency balances that users obtained via Bundle purchases have been placed into the respective asset wallet in the Coinbase user's account.The post Coinbase has quietly shut down the Coinbase Bundle product appeared first on The Block.
Today the price of Bitcoin is US$$10,394.56; Ethereum is US$219.84; XRP is US$0.315998; Bitcoin Cash is US$308.58 and Litecoin is US$98.99. 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 “relyingThe post The Top 5 cryptocurrencies latest price appeared first on Coin Rivet.
It’s back into the red for the majors in the early hours. There could be a bounce-back should key levels be avoided going into the afternoon.
A 31-year-old man has been formally charged in a Tel Aviv District Court indictment over suspected stealing of 6.1 million Israeli new shekels (~ $1.75 million) in cryptocurrencies.The post Alleged hacker indicted for stealing $1.75M in cryptocurrencies appeared first on The Block.
It’s a bullish start to the day. A move through to 78.5 levels would bring $80 back into play. Steering clear of $76.5 will be key on the day.
The majors are on the move early on. Holding onto key levels through the morning will be key to avoiding a reversal, however…
Ray Dalio, billionaire investor and co-chairman of Bridgewater Associates, called on investors in a research note to prepare portfolios for the coming transition out of this decade's central bank-led reflationary environment into a future met with unsustainably large liabilities and rising social and geopolitical tensions. The post Ray Dalio's new research note urges investors to find the 'next best storehold of wealth' when central banks devalue the fiat system appeared first on The Block.
Blockstack is currently offering an SEC-sanctioned ICO, though the company wants to stay away from that problematic word.
U.S Rep. Patrick McHenry (R-N.C.), a ranking member of the Financial Services Committee, told CNBC's Squawk Box he thinks “there is no capacity to kill bitcoin.” According to McHenry, regulators have no ways of killing an open distributed ledger.The post There is no capacity to kill bitcoin, congressman says appeared first on The Block.
Cryptocurrency derivatives exchange LedgerX has listed its “first ever” $100,000 bitcoin call option with expiry in December 2020, it tweeted today.The post LedgerX lists $100,000 bitcoin call option with December 2020 expiry appeared first on The Block.
It’s green across the crypto-board early on. Bitcoin will be the market barometer on the day. A move into the red would weigh on the majors.
More than 94% of Bitcoin Satoshi Vision (BSV) network activity comes from a weather app called WeatherSV, according to a report from blockchain analytics firm CoinMetrics on Tuesday.The post Over 94% of daily BSV transactions come from a weather app: CoinMetrics appeared first on The Block.
The madness of Bitcoin’s recent few weeks took another twist today as the world’s most popular cryptocurrency crashed through the $10,000 barrier. Less than three weeks since its outstretched fingernails scratched the underside of $14,000 amid the ear-splitting cries of “$20k here we come”, BTC has taken a dive to $9,500 and once again found itself at the wrong side of the psychological $10,000 line. Like a stumbling drunk taking an undignified fall flat on its face on the pub doorstep, there were few warning signs of any mishaps other than simply consuming too many glasses of false triumph. Revolver The first heavy round came last week when Donald Trump grabbed his Twitter revolver and fired off every shot fromThe post Bitcoin dives below $9,500 appeared first on Coin Rivet.
Crypto critics pile on to Facebook's Libra project as executive David Marcus testifies on Capitol Hill Tuesday and Wednesday.
Despite growing controversy over the crypto world’s latest big idea, some think Facebook's Libra might be a game-changer for the greater blockchain community.
The Lightning Network implements a security measure called ‘justice transactions’ which removes funds from dishonest nodes. According to a recent report by BitMEX Research, the Lightning Network removed 2.22 bitcoin (~$23,900) connected to dishonest transactions.The post Lightning Network nodes have claimed $24,000 in 'justice transactions' to deter bad actors, research shows appeared first on The Block.
The City of Richmond Hill, a municipality in Canada, is set to accept bitcoin (BTC) for property tax payments from residents and businesses, according to an announcement on Monday. The post Another Canadian municipality to accept bitcoin for property tax payments appeared first on The Block.
Social media giant Facebook heads to Capitol Hill Tuesday and will face lawmakers for two days of testimony about its proposed cryptocurrency project.