|Day's Range||254.37 - 261.19|
|52 Week Range||85.2700 - 598.6000|
Investing.com - Bitcoin renewed its bid to mount a sustained surge above the $8,000 handle on Tuesday, shrugging off a widely-expected delay by U.S. authorities on a bitcoin fund that many believe has the potential to be a game changer for the crypto industry.
Craig Wright Files For Bitcoin Patent Purported Bitcoin creator Dr. Craig Wright has been granted U.S. copyright registrations for the original Bitcoin white paper. The registrations recognize Wright as the author of both the white paper and the code under the famous pseudonym Satoshi Nakamoto. Wright is on the Bitcoin SV side of the debate, […]The post Cryptocurrency News Roundup May 21 appeared first on Market Exclusive.
Goldman Sachs-backed crypto finance venture, Circle, has published a third-party audit of its USD-pegged stablecoin, USD Coin (USDC). This is an Ethereum-based token compliant with the ERC20 standard first announced in May last year and released a few months later. The audit of the coin’s fiat reserves was conducted by Grant Thornton. Its report states that as of 30th April 2019 at 11:59 PM Pacific Time: USD Coin (USDC) tokens issued and outstanding = 293,184,174 USDC US dollars held in custody accounts = $293,351,374 The issued and outstanding USDC tokens do not exceed the balance of the US dollars held in custody accounts. ‘Very attractive’ Earlier this year, Circle predicted significant retailer take up of USDC. In an AMA reddit The post Circle releases Grant Thornton attestation report on USD Coin appeared first on Coin Rivet.
Investing.com -- Bitcoin fell sharply Friday, putting its six-week winning streak in danger after suffering its biggest drop in more than a year, with many attributing the plunge to technical indicators showing popular crypto has reached overbought territory.
Ethereum is a blockchain-based decentralised platform designed for running smart contracts. As explained here, a smart contract is a program that runs exactly as coded by its creator. It is essentially an execution that can be set up ahead of time to trigger automatically once certain conditions are met. The Ethereum Virtual Machine (EVM) runs on the Ethereum network and allows anybody to run a program, making the process of building blockchain applications much simpler. Developers don’t need to build a new blockchain from scratch for each application, and they’re not tied down to a particular programming language. In essence, Ethereum is building the first decentralised world computer on a public blockchain. Smart contracts are important because they allow for The post A guide to Ethereum’s ERC standards appeared first on Coin Rivet.
To fully understand the need for ERC (Ethereum Request for Comments) standards, you should understand how updates, upgrades, and code changes take place in Ethereum. Ethereum Improvement Proposals (EIPs) describe standards for the Ethereum platform, including core protocol specifications, client APIs, and contract standards. These are proposed by any Ethereum community member and then discussed internally. Only after you fully understand the connection between EIPs and ERCs can you understand how ERCs work. So, first things first. EIP types Before diving in to what EIP status means, you ought to understand what the purpose of each EIP type is and why there’s a wide variety of them. Standard Track: This describes any change that affects most or all Ethereum implementations, The post How Ethereum Improvement Proposals (EIPs) work appeared first on Coin Rivet.
Ethereum (ETH) is currently trading at around $230 after a massive 20% price increase over the last 24 hours. Most cryptocurrencies are now experiencing incredible gains after recovering and following Bitcoin’s upwards path. Volumes are also coming back in full force and ETH is now seeing close to $13 billion daily trade volume. Let’s take a look at the charts. Looking at the chart above, we can clearly see a couple of new interesting features. Firstly, the 20-day EMA has crossed the 50-day EMA, which is a very bullish signal. Price is now also trading well above the 200-day EMA. Moreover, there could now be new support forming around $185, just above the 200-day EMA. The newly achieved yearly highs The post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.
Bitcoin's price has grown by 135% since December 15 when the price fell to less than $3,200. The price has briefly surpassed $7,500 on Sunday, which was last seen on August 2; more than 9 months ago.The post Bitcoin jumps to 9-month high as price grows by 135% since December appeared first on The Block.
Ethereum founders Joseph Lubin and Vitalik Buterin and their respective organisations ConsenSys and the Ethereum Foundation are each donating 1,000 ether (ETH) to the Moloch decentralised autonomous organisation (DAO). Lubin made the announcement on Twitter. Thrilled to finally reveal that myself, @ConsenSys, @VitalikButerin, and the @Ethereum Foundation are all contributing 1k $ETH each to @MolochDAO. Huge thanks to @ameensol helping to redefine how we fund #Ethereum development. GUILD BANK NOW OVER $1M 🤯 #EtherealNY #YearOfTheDAO pic.twitter.com/6pDsLVKCrW — Joseph Lubin (@ethereumJoseph) May 10, 2019 MolochDAO is headed up by Ameen Soleimani, CEO of SpankChain, a decentralised payment solution for the adult industry. It launched earlier this year as a crowdsourced funding initiative to support Ethereum infrastructure projects. It started life with 22 founding members, The post Ethereum project MolochDAO gets major donation boost appeared first on Coin Rivet.
The Ethereum ProgPoW could split the Ethereum community down the middle and have significant consequences on the network’s evolution. The new Programmatic Proof-of-Work mining algorithm was agreed on by Ethereum miners and coin owners through an online processing vote. However, now that it is entering an “audit” phase, many parties are debating the wisdom of their decision. Could the Ethereum ProgPoW force another hard fork in 2019? It’s still too early to make predictions. However, more and more voices are talking about a split – whether the developers implement the new algorithm or not. What is the Ethereum ProgPoW? Programmatic Proof-of-Work is nothing more than an extension of the Ethereum algorithm Ethash. The upgrade is meant to help graphics cards The post What is Ethereum’s ProgPoW and how is it impacting miners? appeared first on Coin Rivet.
Ethereum Classic (ETC) is a fork of Ethereum. Or perhaps Ethereum is a fork of Ethereum Classic… It depends on who you ask and can be a little confusing. Either way, the original Ethereum blockchain is now split into two competing versions. One is sitting pretty as the second-largest cryptocurrency by market cap – namely Ethereum. Ethereum Classic has been having a rougher time of it and is currently 18th in the market cap rankings. Let’s dive a little deeper into what Ethereum Classic is and how it came about. The creation of Ethereum Classic Soon after the birth of Ethereum, a new concept was invented. The Decentralised Autonomous Organisation (DAO) was a smashing idea in theory that generated a The post What is Ethereum Classic? appeared first on Coin Rivet.
On Tuesday, Ethereum (ETH) experienced a 10% gain over 24 hours against the USD. ETH led the broader cryptocurrency market higher amid reports that the Commodity Futures Trading Commission (CFTC) is willing to approve an Ether futures product, provided it meets certain regulatory guidelines. The so-called world computer cryptocurrency Ethereum has lagged behind Bitcoin (BTC) and the broader market this year amid growing competition for faster and more scalable blockchains. But with the recent news, will price push higher to make yearly highs? Ethereum futures on the horizon The decision to approve an ETH-based futures contract wouldn’t be out of the ordinary, as the CFTC has already approved derivatives contracts tied to Bitcoin – its much larger peer. In December The post Ethereum is gaining momentum: Are fundamentals improving? appeared first on Coin Rivet.
After bitcoin's hot start to May -- the world's largest crypto currency by market cap is giving back quite a bit of ground. Yahoo Finance's Zack Guzman & Jeanie Ahn, along with Flat World Partners CEO Anna-Marie Wascher discuss.
Bitcoin prices plunged less than a day after trading at levels above $8,000. Other major cryptocurrencies saw similar losses over the same period, with more than $21 billion wiped out of the total market capitalization of the entire cryptocurrency industry. Yahoo Finance’s Myles Udland, Kristin Myers, Sibile Marcellus, and Oscar Williams-Grut discuss the major downturn and what it means for the future of crypto.
Bitcoin continuing to hold around $8k. The world's largest cryptocurrency by market cap has surged 50% to start the month - and some big name crypto players have been quick to declare this the end of the so-called crypto winter. Yahoo Finance's Zack Guzman & Kristin Myers, along with BigEyedWish Founder Ian Wishingrad discuss with 20-year-old crypto trader Erik Finman.
After teaming with the likes of Whole Foods, Gamestop and Nordstrom, Flexa Co-Founder and CEO Tyler Spalding explains how Flexa works to Yahoo Finance's Adam Shapiro, Julie Hyman, and Cornell Capital Partner Ann Berry.
Bitcoin is back above $7,000 and is now up over 90% year-to-date. Yahoo Finance's Zack Guzman & Brian Cheung, along with NY Post Hedge Fund Reporter Carleton English discuss with Ikigai Asset Management's Chief Investment Officer, Travis Kling.
The annual Coindesk Consensus kicks off in New York City this week, putting the spotlight on the biggest names in cryptocurrency and blockchain technology. Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker chats with Yahoo Finance's Adam Shapiro, Julie Hyman, and Andy Serwer from the conference.
Last year, Major League Baseball partnered with game developer Lucid Sight to launch a crypto collectibles game called "MLB Champions" that runs on blockchain tech. Lucid Sight CEO Randy Saaf spoke to Yahoo Finance's Dan Roberts, Akiko Fujita and Sibile Marcellus about the partnership and how the the deal may help boost attendance at ballparks nationwide.
Trouble for Binance as hackers steal $40M worth of Bitcoin from the crypto exchange. Yahoo Finance's Zack Guzman and Sibile Marcellus are joined by Ryan Payne, Payne Capital Management President, to discuss.
Yahoo Finance's Oscar Williams-Grut reports on hackers stealing $40 million in bitcoin from Binance to Adam Shapiro and Julie Hyman.
Bitcoin just came off its strongest month in a year, rising 28% in the month of April, and Fidelity is reportedly going to add cryptocurrency trading. Yahoo Finance's Zack Guzman and Brian Cheung are joined by Gary John Bishop, “Stop Doing That Sh*t: End Self-Sabotage & Demand Your Life Back” author, to discuss.