|Day's Range||3,953.53 - 4,082.29|
|52 Week Range||3,169.53 - 9,968.85|
|Volume (24hr) All Currencies||1.82B|
The crypto sector has an unhealthy obsession with day trading. One glance at the news sites dedicated to crypto that have sprung up in the past five years, or even the Facebook groups, highlights the fixation with the myriad reasons behind minute-to-minute price movements or, at the other end of the scale, simple HODLing and hoping. Currently, most retail investment in cryptocurrency is more akin to forex speculation based on a new asset class that is near impossible to price accurately, or gold and silver hoarders awaiting the end of the dollar standard. Too many crypto trading enthusiasts enter the market at its peak with no experience – other than reading price predictions of questionable crypto ‘expert’ blogs while exuding The post What the crypto world should know about traditional investors appeared first on Coin Rivet.
Bitcoin's 14-month bear market has ended up creating a similar price pattern to one that paved the way for a bull run in 2015.
Lightning Labs has announced the initial release of its new open source Lightning Network software called Lightning Loop. Per the announcement, the software provides a non-custodial way to receive funds on the Bitcoin (BTC) scalability solution the Lightning Network through an on-chain settlement with the “Loop Out” function. The Loop Out function attempts to solve a common issue which can affect Lightning Network users. For example, after having received a certain amount via the Lightning Network, users can sometimes not receive more until he or she moves the funds on-chain, which can now be done easily with the Loop Out feature. Loop! There it is!!! ⚡️🔁https://t.co/AzENRBxBxp — Olaoluwa Osuntokun (@roasbeef) March 21, 2019 Non-custodial Since the solution is non-custodial, the funds can be The post Can Lightning Loop help bring more customers to the Lightning Network? appeared first on Coin Rivet.
It’s a bearish start to the day, with negative sentiment from across the broader market weighing early on. A move to $54 levels would signal a rally.
A lot of people chose to buy their Bitcoin due to their unhappiness with the current financial system. The 2008 Financial Crisis and the bailouts that followed led to many questions about how our financial system works and who benefits from it. Bitcoin’s rise at the same time offered an alternative. After 10 years though, the financial system still hasn’t collapsed or failed, but does it need to for Bitcoin to go hyper? Some economists (usually not of the mainstream) have said that we are still living in the bubble despite the 2008 pop. The issues and illegal acts that the major banks pursued were never rectified. Instead, the banks were simply bailed out. This has many people expecting that The post Pathways to adoption – avoiding a financial crisis appeared first on Coin Rivet.
Going into the fall of 2018, Bitcoin was still trading above $6,000 after having survived multiple attempts to dump the price below a market cap of $100 billion. This finally happened during the last two months of the year, but since the $3,100 low, we have seen the market rally, and Bitcoin keeps bumping into resistance at around $4,000. At the same time as the Bitcoin sell-off, the whole crypto-based economy took a huge hit in terms of valuations. From a total crypto market cap of over $200 billion, how many could have said the industry would shrink by half following a 60-day sell-off? The market found support in mid-December 2018 at that psychological $100 billion mark. Since that total market cap The post Bitcoin: ‘Every time you hit resistance, it becomes a little bit weaker’ appeared first on Coin Rivet.
Today the price of Bitcoin is US$4,039.74; Ripple is US$0.314735; Ethereum is US$139.36; EOS is US$3.74; Litecoin is US$60.25. 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 “relying on trust”. On The post The Top 5 cryptocurrencies latest price appeared first on Coin Rivet.
Binance has unveiled a new platform in Australia that allows users to buy bitcoin with cash from 1,300-plus newsagents.
Cryptocurrency mining has long been a pastime of many avid cryptocurrency fans. Issues surrounding mining have also become more common in the space, stemming from the rise of big industry players such as Bitmain. With mining not being profitable/possible on your CPU anymore and with mining equipment being rather expensive, is mining even decentralised at all these days? Whilst profits in the cryptocurrency mining space have been reduced in the past year thanks to the collapse of crypto prices, there is still a distinct industry that has arisen since the creation of Bitcoin. You can yourself purchase cryptocurrency miners from companies such as Bitmain, but you must have some capital to make such a purchase as they don’t come cheap. The post Is cryptocurrency mining decentralised? appeared first on Coin Rivet.
Blockchain is currently one of the biggest buzzwords in fintech. There are numerous financial institutions, small start-ups, and big brands investing in the blockchain revolution. Despite this, there are still questions over whether there really is a blockchain revolution taking place at all. Depending on your viewpoint, the answer will definitely vary. The use of blockchain through the Bitcoin network One of the main uses of blockchain technology is to underpin the Bitcoin network. Through a blockchain, you are able to send Bitcoin anywhere to anyone, with no third party able to stop you. This is the key benefit of using blockchain technology in Bitcoin – it is permissionless. However, this also comes with drawbacks. The Bitcoin blockchain is quite slow The post Is there really a blockchain revolution? appeared first on Coin Rivet.
Bulls seem reluctant to give up momentum from the weekend as evident from Bitcoin’s move back above $4000 handle. Crypto market is also likely to gain additional support from news driven momentum.
Andreas Antonopoulos hopes that we may soon see the “independence day of crypto”, calling for the many crypto tribes and open blockchain advocates to come together and unite in the event of any upcoming societal backlash against governments and banks. His remarks were taken from a Q&A delivered at the recent ETHDenver conference about the scalability of electoral politics and the asymmetric power of cryptography. At the start of the Q&A, Antonopoulos was posed a question regarding what he thought about the current turmoil in electoral politics across Western nations. He started out by stating that in the current institutions of democracy, he sees a lot of “classical liberal perspective” with an “essence of Greek democracy” and finally some “renaissance and enlightenment ideals”. However, he commented that countries of The post Andreas Antonopoulos: ‘I want to see the independence day of crypto’ appeared first on Coin Rivet.
Bitcoin's share of the cryptocurrency market is on the verge of falling below 50 percent for the first time in over 7 months.
Bitcoin is showing signs of buyer exhaustion and could see a minor pullback unless resistance at $4,000 is scaled soon.
Major crypto coins range bound as bulls failed to establish stable rally following a bullish breakout once again.
Nobody really needs to be told that the general sentiment surrounding the cryptocurrency market right now is very much of the bullish persuasion. Bearing in mind that most coins are still down by between 80-99% since their all-time highs, we’re now starting to enter a new season as prices begin to slowly pump upwards. There’s ample historical evidence to suggest that Bitcoin and its merry gang of altcoins have made it through the worst of the year-long bear market, and that everything from here on out should be considered an accumulation period. That’s really good news if you ask me! Bitcoin Bitcoin’s market capitalisation found support near $71 billion on Sunday, supported by an upsurge in trade volumes that was The post Cryptocurrency market update: Bitcoin and altcoins pumping appeared first on Coin Rivet.
The company behind the Trezor hardware wallet, Satoshi Labs, has said it will soon be releasing an official Monero (XMR) client for its flagship Model T device. Pavol Rusnak, CTO of Satoshi Labs, said that his friend and ‘ethical hacker’ Dusan Klinec was making great progress sending a new pull request to the Monero GUI in testing, as the security-focused firm’s addition of XMR onto its hardware wallet platform moves closer. Our friend @ph4r05 making great progress! He sent a pull request to @Monero GUI and hopefully we can all use @Trezor Model T with the official client soon! #HappyDance https://t.co/nvdOLYOhv7 — Pavol Rusnak⚡stick (@pavolrusnak) March 17, 2019 Why Monero? Monero is a privacy coin, meaning that it is anonymous and untraceable by design. After The post Monero is coming to the Trezor hardware wallet appeared first on Coin Rivet.
Bitcoin's four-week price rally now faces a former support-turned-resistance level that repeatedly capped gains in 2018.
US-based crypto exchange Coinbase is “implementing a set of changes to further optimise the market health of our platform,” it announced in a Medium post. The aim is to increase liquidity, enable better price discovery for trades, and to make price movements smoother, with changes including a new fee structure, turning off stop market order and adding market order protection points. XLM Earlier this week, we reported that Stellar Lumens (XLM) had officially been listed on Coinbase Pro. XLM, which is the seventh-largest cryptocurrency in terms of market cap, will not yet be available on the Coinbase retail platforms including Coinbase.com and the mobile apps. Stellar was launched in 2014 by Ripple Co-Founder Jed McCaleb, with all XLM tokens being premined. The post Coinbase Pro increases fees in market structure update appeared first on Coin Rivet.
Active addresses on bitcoin's blockchain have increased 20 percent in recent weeks. So, why is the BTC price trading sideways?
Craig Wright is as mad as hell and he’s not going to take it anymore, OK? In a series of tweets today, he once again claimed to be Satoshi Nakamoto and said that he will be “taking action aggressively to remove any site that is in error or makes false claims (e.g. fraud etc). You wanted to know who made Bitcoin. You get to learn in a manner that is going to completely eradicate the scams in this industry and start holding people to account.” He added: “You do not have a right to lies under “free speech” nor harassment, nor libel and slander. If an error is reported in a malicious context concerning me, expect to be living in The post I will sue anyone who calls me a fraud, Craig Wright declares appeared first on Coin Rivet.