|Day's Range||314.13 - 334.09|
|52 Week Range||85.2700 - 482.2300|
Last week was the annual charity auction for lunch with Warren Buffett, and this year's winner was Justin Sun, CEO of Tron and BitTorrent, who paid $4.6M for the lunch, and he joins Yahoo Finance to discuss.
Apart from being a censorship-resistant store of value, Bitcoin’s main use case is trading. What most people, including the media, don’t understand is that's not inherently a bad thing. The post Skeptic's lens: Volatility is a feature, not a bug? appeared first on The Block.
What happened this week in the crypto markets? The Arca Funds Portfolio team discusses unusual month-end price action, Ethereum Futures markets, and an influx of student interest in crypto across college campuses.
Stephen Moore’s didn’t get a chance to join the Federal Reserve board, but the controversial conservative economic adviser will reportedly soon be playing a key role at a new “central bank” for cryptocurrencies.
Cross-asset correlations are still high, but they seem to be decreasing, according to new analysis by The Block. A major issue for cryptocurrency investors is the inability to truly diversify their cryptocurrency holdings.The post Correlation between cryptocurrency prices is decreasing, but still strong appeared first on The Block.
Cryptoasset data provider Coin Metrics has released a report showing Kik's claims about its level of blockchain activity and adoption rates for its cryptocurrency Kin are inaccurate.The post Coin Metrics report: Blockchain activity shows Kik's claim that Kin is more widely used than Bitcoin or Ethereum is inaccurate appeared first on The Block.
Wrapped Bitcoin (WBTC) is an Ethereum token launched on Jan. 31 as an attempt to bring the liquidity effects of bitcoin (BTC) into the Ethereum ecosystem.The post An analysis of Wrapped Bitcoin appeared first on The Block.
Binance Coin (BNB) is currently trading at around $37 following some consolidation after a major rally upwards earlier in the week. Overall, price has increased almost 6% against the dollar since last week. Although sellers were in control during early June, price hasn't dropped substantially. On the contrary, price is now pushing up to new yearly highs, showing signs the market is still looking for more gains. In addition, and despite the recent 7,000 BTC hack, Binance has been able to shake off any lasting impacts pretty easily. CZ was quite the gentleman when he took to Twitter to address the issue just a few hours after it happened. Let's take a look at the chart for BNB. Last week,The post Latest Binance Coin price and analysis (BNB to USD) appeared first on Coin Rivet.
Earlier this week, I briefly discussed the future of Ethereum as the new ETH 2.0 upgrade approaches with multiple implementations of the Casper PoS protocol. How will this impact the price and adoption of Ether? It's too early to say, but due to the high market value of the coin coupled with serious development teams working 24/7 across the world, I seriously doubt Ethereum won't be here within the next couple of years. Of course, cryptocurrencies are quite unpredictable. By looking at CoinMarketCap from a few years back, we can see the enormous change to the top five projects listed. Nonetheless, Ethereum has been able to remain as the second-largest cryptocurrency for most of its infancy, and I expect thisThe post How 0x meta transactions will boost Ethereum appeared first on Coin Rivet.
Ethereum (ETH) is currently trading at around $268 following a 15% recovery that has taken ETH from close to its 20-day EMA to where it sits now. Most altcoins have experienced consolidation or stagnation over the last 24 hours as the market increasingly moves towards Bitcoin. Let's take a look at the chart. Looking at the chart above, we can clearly see a couple of interesting things. Firstly, the 20-day EMA has crossed the 50-day EMA, which is a very bullish signal. Price is also trading well above the 200-day EMA - another bullish signal. There was some resistance between the $250-$255 levels that has now become support, which I predicted could happen last week. Moreover, there is further supportThe post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.
Investing.com - Bitcoin turned negative on Tuesday after paring gains as investors mulled the impact of Facebook's (NASDAQ:FB) entry into cryptocurrency on the broader market.
Late last month, the Ethereum Foundation released a brand new update detailing the company's goals for the next 12 months. The world computer cryptocurrency is developing a series of interesting initiatives targeting both important technical updates as well as a crucial move towards community development and engagement through the funding of projects. As mentioned in the blog post: "We also recognise a need to take more initiative in growing the Ethereum ecosystem, on-boarding developers, and improving the developer experience." Recent developments Extremely impressive work on Casper, PoW discouragement attacks, SNARK applications and more all around. https://t.co/VuZfq8Zw0L -- Vitalik Non-giver of Ether (@VitalikButerin) June 16, 2019 Over the past year, the Ethereum Foundation has been making strides to further implement Proof-of-StakeThe post Ethereum spring 2019 update: ETH 2.0 is on the way appeared first on Coin Rivet.
Since the beginning of 2018, the balances of the large Ether holders (whales) continued to grow, according to data analyzed by The Block and shared by TokenAnalyst, a crypto data provider. The post Analysis: Despite the price drop of ETH in 2018, whales were accumulating appeared first on The Block.
Investing.com -- Bitcoin rose to its highest level so far this year, on hopes that increasing institutional demand will see a wave of new money enter the market as the popular crypto looks set to test $10,000.
The cryptocurrency slipped in the afternoon, and was last around the $9,100 level. The digital currency is up more than 22% over the past 30 days, and up 142% year to date. Investors have been bullish on bitcoin recently, with optimism stoked by the expected announcement this week that Facebook Inc. (FB) will launch a new cryptocurrency, backed by a number of major companies, including Visa Inc. (V) , PayPal Holdings Inc. (PYPL) and Uber Technologies Inc. (UBER) .
Reports that Facebook Inc. is about to roll out a cryptocurrency as soon as next week have helped bitcoin to notch its best weekly trading period in about three weeks.
Investing.com - Bitcoin bucked the trend lower in the broader crypto market as it attempted to cement its recent surge above the key $8,000 to entice further buying.
If you want to learn how to buy Ethereum (ETH) in the UK, this helpful guide will provide you with all the information you need to know. As people have started to embrace cryptocurrencies, popular coins such as Ethereum and Bitcoin have risen in price. Because of this, global exchanges and wallets have ensured that they support Ethereum and all other ERC-20 tokens. ETH has been publicly traded since 2016 and has grown to be one of the largest cryptocurrencies in the world. With this, many crypto users want to get their hands on this popular altcoin. How to buy Ethereum If you live in the UK and want to purchase some Ethereum, you will need to buy it throughThe post How to buy Ethereum in the UK appeared first on Coin Rivet.
Investing.com -- Bitcoin held above the key $8,000 level on Thursday and looked to set resume its weekly winning streak following a slump last week.
Investing.com -- Bitcoin was roughly flat on Tuesday, hovering just below $8,000 amid a lack of news to significantly move to the popular crypto up or down.
Investing.com -- Bitcoin rose on Monday and continued to flirt with the key $8,000 level amid signs that institutions are beginning to take a shine to cryptocurrencies.
Investing.com - Bitcoin soared Friday as bargain hunters piled into the popular crypto after its earlier-day plunge to key support levels.
Andrew Keys, an original ConsenSys executive and Co-founder of ConsenSys Capital, has announced in a blog post that he's left the company to join DARMA Capital as a Managing Partner.The post Former ConsenSys Capital head leaves for a fund that plans to squeeze more alpha out of Web3 protocols appeared first on The Block.