|Day's Range||9,611.255 - 9,638.277|
|52 Week Range||3,733.75 - 13,796.49|
|Volume (24hr) All Currencies||47.36B|
The Criminal Assets Bureau, a law enforcement agency in Ireland, has seized €52 million (~$56 million) worth of bitcoins from a drug dealer.The post Irish authorities seize $56M worth of bitcoins from a drug dealer appeared first on The Block.
Peer-to-peer (P2P) bitcoin trading platform Paxful has reported $1.6 billion worth of global trading volume for 2019, driven by growth in Africa.The post P2P bitcoin exchange Paxful reports $1.6B worth of trading volume for 2019 appeared first on The Block.
It’s a bearish start to the day for the majors. Expect Bitcoin to provide direction later in the day. A move through Tuesday’s highs would signal a breakout.
After a choppy start, the majors move into the green. Failure to move through to key levels could lead to a reversal, however…
Cryptocurrencies across the board were still licking their wounds this evening after a brutal weekend that battered any clear signs of a storming bull market into submission. Bitcoin – despite soaring on Friday – dramatically tumbled by $500 after the hard work of a steady build-up across the psychological $10,000 line was undone in a matter of hours. The world’s most dominant cryptocurrency had been basking in Valentine’s Day affection with a surge from $10k to within kissing distance of $10,400 – a robust-looking move which provoked plenty of excitement among investors heading into the weekend. Others followed suit, with altcoins (alternatives to the market-leading bitcoin) finding a renewed energy. Fans of Bitcoin Cash, Ethereum and XRP were given causeThe post Cryptocurrencies prepare next move after torrid weekend appeared first on Coin Rivet.
Bitcoin struggled to establish a level of support above $10,000 over the weekend, dropping to $9,600 amidst a major sell-off across all major cryptocurrencies. It now needs to continue trading above $9,600 to avoid further price action to the downside, with potential targets emerging at $9,350 and $8,830. The $9,600 level is crucial as it has been a stubborn point of resistance over the past six-months, causing sell-offs in both October and again more recently at the end of January. If Bitcoin manages to bounce from the $9,600 region it would exemplify the strength in the market leading up to May's halving event. Block rewards for miners will be slashed from 12.5BTC to 6.25BTC per block, which has historically causedThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
Today the price of Bitcoin is US$9,821.88; Ethereum is US$252.87; XRP is US$0.284431; Bitcoin Cash is US$391.79 and Bitcoin SV is US$273.39. 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 withoutThe post Top five cryptocurrencies - latest price appeared first on Coin Rivet.
Crypto exchange Binance's Singapore unit has applied for a license under the country’s new Payment Services Act, which came into force on January 28.The post Binance Singapore has applied for a license under the country’s new payment law appeared first on The Block.
It’s deep red for the majors at the start of the week as the bearish week spills into the early hours of Monday. It could be a messy few days…
After a bearish weekend, the majors are struggling at the start of the week. Bitcoin would need to return to $10,000 levels to resume the upswing.
Aggregated open interest (OI) for Bitcoin futures has surpassed $5 billion on Feb. 13, according to data compiled by The Block. Open interest refers to the value of outstanding futures contracts that have not been settled yet. An increase in open interest signals that more money is flowing into the market and that traders are […]The post Open interest for Bitcoin futures surpasses $5 billion appeared first on The Block.
The Bitcoin held above $10,000 for a few days, and that’s the good news. The ability to stay above the threshold also supports the demand for altcoins.
The Internal Revenue Service (IRS), the tax collection agency of the U.S. government, has removed ether (ETH) and two popular gaming tokens - Fortnite’s V-bucks and Roblox’s Robux - as examples of convertible virtual currencies.The post IRS removes ether and two popular gaming tokens as examples of convertible virtual currencies appeared first on The Block.
Investors can use demographic trends to predict market yields, a new study shows. Researchers from Warwick Business School and Copenhagen Business School found US stock and government bond markets followed surprisingly similar paths since the Second World War. Yields from both markets followed similar 20-year boom and bust cycles as the US population, reflecting changes in the number of young borrowers and middle-aged savers. The findings suggest the widespread practice of splitting portfolios across stocks and bonds may not provide the level of protection previously expected, as both rely on the same population trends. It also means analysts could use census data to forecast long-term market trends. The findings may encourage investors to spread their funds across a more diverseThe post Demographic trends can predict market yields, study shows appeared first on Coin Rivet.
Larry Dean Harmon, CEO of crypto wallet provider DropBit, has been indicted for allegedly laundering $311 million in bitcoin for darknet transactions.The post US authorities charge DropBit CEO for allegedly laundering $311M in bitcoin appeared first on The Block.
It’s a bullish start to the day as the broader market makes a move. Failure to break out from early highs could test investor resilience, however…
Nasdaq-listed crypto miner Riot Blockchain is expanding its facility in Oklahoma City by installing over 1,000 Bitmain machines.The post Crypto miner Riot Blockchain expanding its Oklahoma facility appeared first on The Block.