|Day's Range||188.087 - 188.087|
|52 Week Range||85.3427 - 315.9548|
Bitski, a developer-focused blockchain wallet infrastructure provider, has raised a $1.8M seed round from investors including Galaxy Digital, Winklevoss Capital, and Coinbase.The post Bitski raises $1.8M seed round to develop crypto wallet infrastructure appeared first on The Block.
At the time of writing, Ethereum (ETH) is trading at around $187 following a 4% drop in price since last week. The world's second-largest cryptocurrency by market cap has been consolidating to the downside over the past few days, as most altcoins have been doing lately. As mentioned last week, Ethereum was in a clear consolidation downtrend towards the end of October after making a number of lower highs since mid-July when the coin suffered a massive drop. However, the altcoin downtrend seems to have reversed since the pump two weeks ago that caused Bitcoin's price to rise 40%. Will ETH continue to recover to above $200? Or will it plunge back towards $160 and below? Let's take a lookThe post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.
Daniel Matuszewski, former head of Circle Trade, an over-the-counter (OTC) trading desk of cryptocurrency firm Circle, has jointly set up a new proprietary trading firm called CMS Holdings.The post Former Circle Trade head forms a new crypto proprietary trading firm appeared first on The Block.
Stellar’s Lumen continues to find support following Sunday’s rally and Monday’s trend-bucking gain. The rest of the pack are playing catchup.
Cryptocurrency exchange Binance has added support for euro (EUR) for its direct fiat-to-crypto trading facility, according to an announcement Friday. The exchange has also added support for Ukraine’s and Kazakhstan’s fiat currencies - hryvnia (UAH) and tenge (KZT), respectively, as The Block broke the news last week.The post Binance adds support for euro, bringing the total to 5 currencies for its direct fiat-to-crypto trading facility appeared first on The Block.
Dan Conway, a former middle-management cog in a Silicon Valley firm’s wheel, describes how it felt to see his all-or-nothing $300,000 bet on Ethereum turn into millions.
Once you’ve decided to become an Ethereum miner and have your hardware ready to go, the next big question you’re likely to consider is whether you should join an Ethereum mining pool. A mining pool is a group of individual miners who work together to mine cryptocurrencies – in this case, Ether. There are lots of advantages to joining a mining pool, although it’s important to know the ins and outs before signing up. Types of mining There are three main ways individuals can mine cryptocurrencies like Ether: On your own: If you mine Ether on your own you receive all the rewards without having to pay anyone else or share the proceeds. However, it’s extremely difficult to successfully mineThe post Is it worth joining an Ethereum mining pool? appeared first on Coin Rivet.
A company called Jet Token hopes to raise $10m for an Ethereum-powered private jet leasing marketplace. Flyers will be able to pay for charters using ERC-20 tokens. The company claims it will be able to reduce costs and implement simpler booking, as well as slash the amount of time planes are sitting idle. A statement said: “We believe the tokenisation of flight hours and (as we mature) fractional membership programmes offers the possibility of reduced transaction costs and, through the evolution of a marketplace, higher industry fleet utilisation. “Our purposeful enhancement of price discovery and reduced entry price have the potential to produce fairer and more inclusive results for aircraft owners and travellers alike.” The statement says Jet Token hasThe post Soaring value: Private jet firm plans to sell charters with Ethereum appeared first on Coin Rivet.
The bears are in control early as Stellar’s Lumen gives up more of its weekly gains. Failure to move through to key levels by late morning could weigh further.
Dune Analytics, an analytics platform for querying and visualizing data from the Etheruem blockchain, has officially come out of stealth mode, making its platform publicly available for users.The post Binance-backed Dune Analytics comes out of stealth mode appeared first on The Block.
While Ethereum finds support, Stellar’s Lumen sets the pace at the start of the week. Off the back of a 15% rally on Monday, it’s another strong start.
Miners play a crucial role in the Ethereum network by ensuring transactions between users are verified and added to the blockchain public ledger. Miners also enable new coins to be generated without the need for a third party central authority. In return for mining blocks, you’ll receive ETH as well as fees associated with the transaction. There is a lot of debate about how profitable Ethereum mining is, but if you believe ETH will continue increasing in value or simply want to play a part in the Ethereum network, these are the steps you need to take. Choose a GPU To mine Ethereum, you’ll need to buy special computer hardware called a Graphical Processing Unit (GPU). When choosing a GPU,The post How to mine Ethereum appeared first on Coin Rivet.
Blockchain startup Radar has announced the launch of DEPLOY, a service for developers to launch their own Bitcoin and Ethereum nodes.The post Radar launches new product for deploying blockchain nodes appeared first on The Block.
Cryptocurrency exchange Luno is going to resume its service in Singapore, a few years after it stopped operating in the country.The post Naspers-backed crypto exchange Luno re-entering Singapore after banks opened its accounts appeared first on The Block.
Investment app provider Robinhood has brought its commission-free cryptocurrency trading service to 8 more U.S. states. The added states are Delaware, Kentucky, Louisiana, Maine, Maryland, Minnesota, Nebraska, and Vermont, according to an announcement Thursday.The post Robinhood Crypto expands to 8 more US states, bringing the total to 47 states appeared first on The Block.
Cryptocurrency exchange Binance has added support for Russian rubles (RUB) for its direct fiat-to-crypto trading facility. The move allows Binance users to deposit and withdraw rubles, as well as to buy bitcoin (BTC), ether (ETH) and XRP cryptocurrencies with the fiat currency, according to an announcement Wednesday.The post Binance adds support for Russian rubles for direct fiat-to-crypto trading appeared first on The Block.
It’s back into the red for the majors, with another day of heavy losses on the cards should the pair fail to hit key levels by late morning.
Synthetix, a decentralized finance (DeFi) project built on the Ethereum blockchain, has raised around $3.8 million in new funding. Announcing the news on Monday, Synthetix said Framework Ventures has purchased 5 million Synth (SNX) tokens from the Synthetix Foundation’s treasury, toward the funding.The post DeFi project Synthetix raises $3.8M from Framework Ventures appeared first on The Block.
Created to facilitate blockchain transparency and accessibility, Etherscan is the go-to resource for users wishing to discover, verify and approve transactions that have taken place on the Ethereum blockchain. Etherscan is known as Ethereum’s leading “block explorer”. It is essentially a search engine that lets users look up, confirm and validate transactions on the Ethereum decentralised smart contracts platform. By entering an address into the search box, you can view the balance, value and all the transactions made through that address. Primary function The team behind Etherscan created the platform as an independent entity whose mission is to facilitate blockchain transparency. The Ethereum blockchain has a public ledger which Etherscan.io indexes and then makes searchable in what it believes toThe post What is Etherscan? appeared first on Coin Rivet.
If you thought you’d heard it all when it comes to ambitious projects and blockchain, prepare yourself for this one… The next thing to be decentralised is space, if ConsenSys founder and Ethereum co-founder Joseph Lubin has his way. At the opening day of the International Astronautical Congress, attended by space industry leaders, government officials, and scholars from around the world, Lubin and his colleagues announced ConsenSys Space. What is ConsenSys Space all about? Founded after ConsenSys’ acquisition of Planetary Resources, ConsenSys Space aims to build collaboration platforms which will “democratise, diversify, and decentralise space endeavours”. If that sounds a little vague, let’s dive a little further into the details. ConsenSys Space will be powered by TruSat, an open-source, citizen-poweredThe post ConsenSys wants to decentralise space appeared first on Coin Rivet.
Central bankers expressed skepticism over the viability of a borderless and currency-backed crypto-asset in countries that already have real-time payments systems.
China's President Xi Jinping reportedly said that the country needs to “seize the opportunity” made in blockchain technology. Yahoo Finance’s Zack Guzman and Emily McCormick sit down with Wall Street Journal wealth reporter, Veronica Dagher to discuss on YFi-PM.