|Day's Range||7,099.862 - 7,099.862|
|52 Week Range||3,305.7537 - 12,233.2686|
There’s no holiday spirit in this market… While the global equity markets enjoy the month, the crypto bears are in control of December with 2 weeks left.
The past 12 months have proved to be a roller-coaster year for the cryptocurrency market. Major hacks, an exchange flash crash, the launch of Bitcoin futures, and crypto discussions among global regulators saw some coins surge in value while others floundered. Ripple (XRP), for instance, which has struggled ever since the 2018 market crash, is currently trading at £0.17 – a drop of 37% since the start of the year. The majority of altcoins have struggled to gain any traction and have been on a downward trajectory since the spring. In contrast, while Bitcoin has seen its fair share of highs and lows, it has been a largely positive year for the market’s “king coin” – making Bitcoin the topThe post What was the top cryptocurrency of 2019? appeared first on Coin Rivet.
Now get ready for Africa. Twitter (TWTR) CEO Jack Dorsey tweeted about his plans to move to Africa in 2020, saying he wants to live there for up to six months. Africa may be the last continent to undergo rapid economic development, but Dorsey nevertheless believes it has a lot of potential.
It’s a slow first hour for the majors… A move through to key levels by late morning would be needed to avoid a slide into the red…
Greece could impose sanctions if digital means are not used in at least 30% of payments. From everything I've been reading, I have selected three different news items, which perhaps, presenting them all together, will help us see some hints of what next year can bring to the crypto universe. The first news item speaks of a sharp increase in payments made with Bitcoins in the dark-net.
Saga has launched its long-awaited SGA stablecoin, a token imbued with a unique monetary model that can expand and contract to meet demand, reducing its volatility. Like Facebook’s Libra, SGA is intended as a global currency that allows citizens to store and move value without friction. Backed by an advisory board that includes Nobel Laureate Myron Scholes and J.P. Morgan’s Jacob Frenkel, the company has been busily refining its monetary and governance models over the past two years – and its debut is sure to turn a few heads.
Lagarde, who was holding her first-ever press conference as the president of ECB, said that there is a clear demand for "stablecoins," and the bank needs to stay ahead of that demand. "My personal conviction is that, given the developments we are seeing, not so much in the bitcoin segment but in the stablecoins projects, and we only know of one at the moment but there are others being explored and underway at the moment," she told the press, as reported by The Block. Lagarde's comments come at a time when the People's Bank of China has reportedly started testing its digital currency.
Crypto entrepreneur Roger Ver has distanced himself from the unfolding fraud allegations surrounding the BitClub Network. Four members of the suspected Ponzi scheme were this week arrested by US authorities as prosecutors investigate what they allege is a $722m global scam. However, Bitcoin Cash evangelist Ver has been unwittingly caught up in the furore surrounding the arrests after pictures emerged of him having dinner with senior BitClub figures, with suggestions that he had advised the New York-based scheme. But in an exclusive interview with Coin Rivet, the 40-year-old vehemently denies any involvement with the alleged scam and speaks of his anger at how BitClub attempted to use his image to promote a product he had nothing to do with. “I’veThe post Roger Ver: I’m not involved with BitClub Network 'scam' appeared first on Coin Rivet.
A Bitcoin exchange has launched a range of socks to educate wearers about crypto. MtSocks - a play on the name Mt Gox - is the brainchild of the team behind the CoinCorner exchange and is intended to be a fun way to teach people about Bitcoin. Every design is inspired by events in the industry, and every pair of socks comes with an information card that will teach the wearer about the Bitcoin industry. MtSocks only accepts Bitcoin (BTC) as payment in a bid to encourage people to learn how Bitcoin can be used as a payment method. And like Bitcoin, there is a finite supply. MtSocks will release a new design on the first day of every month, but theThe post Sock portfolio! Exchange launches cosy crypto Christmas footwear appeared first on Coin Rivet.
Bitcoin Price Analysis: BTC/USD gradually grinding down critical support, but there may still be hope The Bitcoin price on Thursday is trading in the red by some 0.11%, remaining vulnerable to an imminent ...
Chinese bitcoin mining manufacturer Bitmain has selected two cryptocurrency mining consulting firms—Fastblock and Bit5ive—as the official distributors of its mining machines, Antminers, in South America.The post Chinese mining giant Bitmain is working with two consulting firms to up its sales in South America appeared first on The Block.
Although valuations have become more modest, cryptocurrencies circa 2019 remain just as volatile as ever, sometimes experiencing 20% changes in a matter of hours. This volatility and the myriad unknowns that still orbit cryptocurrencies have turned some traders off of the digital assets. Catering to this contingent, cryptocurrency and trading platforms like CryptoRocket began offering traders up to 100:1 leverage on cryptocurrency trades.
Today the price of Bitcoin is US$7,193.57; Ethereum is US$143.70; XRP is US$0.221076; Bitcoin Cash is US$206.92 and Tether is US$1.00. 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.
Cryptocurrency exchange BitMEX has added support for native SegWit (bech32) addresses for bitcoin withdrawals, helping users save on transaction fees. Announcing the news Thursday, BitMEX said the native SegWit support is currently enabled only for bitcoin withdrawals and not deposits.The post BitMEX adds native SegWit support for bitcoin withdrawals, helping users save on transaction fees appeared first on The Block.
A month after going fully operational, Switzerland-based cryptocurrency bank SEBA has expanded to nine new countries. In a statement shared with The Block on Thursday, SEBA said companies and institutional clients from Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands can now open accounts with the bank.The post Crypto bank SEBA expands to 9 new markets, including Singapore and Hong Kong appeared first on The Block.
It’s a choppy start to the day, with resistance levels tested before hitting reverse… A recovery would need to kick in by late morning to stop the rot…
Bitcoin price analysis: BTC/USD $7000-6800 will be a big test The Bitcoin price on Wednesday is trading in the red by some 0.80%, as some near-term selling momentum picks up pace in the second half of ...
The popular conception is that the cryptocurrency industry is overwhelmingly male. Grayscale Investments thinks the answer is simple lack of information.
Bitcoin (BTC/USD) topped out at $13,868.44 in June of this year, thereby completing a 343.2% advance off the December 2018 corrective low of $3,128.89. That low ended a 1-year 84.3% decline off the bull market bubble top of around $19,892, reached in December 2017.
Square Crypto, payments company Square’s crypto initiative, has announced that it is giving a grant to a part-time Lightning Network developer who goes by the name “ZmnSCPxj” in order to support his work.The post Square Crypto offers grant to pseudonymous Bitcoin developer appeared first on The Block.
The Open Money Initiative, a Human Rights Foundation-sponsored field research project focusing on Venezuela, has found an opportunity for international organizations like the World Bank to use bitcoin to provide aid to Venezuelan citizens in need.The post World Bank can but won't use bitcoin to send aid to Venezuelans, according to Human Rights Foundation CSO Alex Gladstein appeared first on The Block.
Twitter is funding a developer team, dubbed Blue Sky, to establish a decentralized standard for social media, said Twitter CEO Jack Dorsey on the social media platform he helms. The post Twitter is funding five developers to build decentralized standards for social media appeared first on The Block.