|Day's Range||72.27 - 74.82|
|52 Week Range||22.36 - 146.22|
|Volume (24hr) All Currencies||486.51M|
PLUS: American Venture Capitalist & Draper Associates Founder Tim Draper explains why bitcoin is the way of the future, and changes his $250,000 bitcoin call. Yahoo Finance's Zack Guzman & Brian Sozzi join in on the conversation, along with GRIT BXNG Co-Founder Bill Zanker.
It's been a banner year for bitcoin, up 158% as it has very much decoupled from the rest of the cryptocurrencies, and more industries continue to build off the blockchain model. Diamond Standard has launched a blockchain-based token to back real diamonds.
Bitcoin is up over 200% over the last year. Anthony Pompliano, Morgan Creek Digital Assets Co-Founder and Partner, joins Seana Smith on 'The Ticker' to discuss why he thinks the cryptocurrency will continue to soar.
Bitcoin is trading above $11,000 today, but the stock is being shown up by a little know cryptocurrency called Dogecoin. Zack Guzman, Kristin Myers and Erin Sykes, Retail Strategist, discuss on 'YFi PM'.
Employees of the Litecoin Foundation have volunteered for a pay cut to help the organization sustain through the times of decreased donations, especially in Q1 of 2019.The post Litecoin Foundation employees ‘voluntarily decreased salaries’ in wake of reduced donations appeared first on The Block.
Litecoin (LTC) experienced exponential growth earlier this year. Prior to mid-June, Litecoin was the best performing coin in 2019, growing more than 170% in less than 90 days and peaking at around $145. However, after a couple of substantial falls toward the end of June and into early July, LTC has now dropped close to yearly lows. Unfortunately, Litecoin has suffered yet more downward momentum in August, dropping from close to $100 at the start of the month to a low of $70 earlier this week. LTC is currently trading at just above $72 after falling about 2% from $75 over the past week. Price has now also fallen below a key support level at $77. Let's take a lookThe post Latest Litecoin price and analysis (LTC to USD) appeared first on Coin Rivet.
The Treasury Department’s Office of Foreign Assets Control (OFAC) took actions against three Chinese nationals, who it alleges manufactured and distributed "synthetic opioids or their precursor chemicals." According to OFAC, the individuals laundered part of their drug proceeds in bitcoin, transmitting these proceed in and out of banks in China and Hong Kong.The post U.S. Treasury blacklists cryptocurrency addresses associated with Chinese "drug kingpins" appeared first on The Block.
Fidelity Charitable, the financial services giant’s charity unit, is now accepting XRP, the world’s third-largest cryptocurrency, for donations. Until now, the unit accepted only four cryptocurrencies - bitcoin (BTC), bitcoin cash (BCH), ether (ETH) and litecoin (LTC), having launched the form of donation back in 2015, according to an announcement shared with The Block late […]The post Fidelity’s charity unit includes XRP to its list of accepted cryptos for donation; hits $100 million-mark appeared first on The Block.
Cryptocurrency exchange Poloniex is today removing 23 trading pairs of cryptocurrencies due to “low volume.” The pairs include litecoin (LTC)/ monero (XMR), DASH/XMR, Zcash (ZEC)/XMR and Civic (CVC)/ ether (ETH), among others, as announced on Twitter on Thursday.The post Poloniex exchange removing 23 crypto trading pairs, citing ‘low volume’ appeared first on The Block.
The U.S. entity of the world’s largest cryptocurrency exchange Binance, is expected to go live before November, but won’t serve New York residents initially.The post Binance US could go live before November, but won’t serve NY residents initially appeared first on The Block.
Cryptocurrency payment processing service provider Flexa is coming to Canada, the company announced in a blog post on Tuesday. This is Flexa's first offering outside the U.S.The post Flexa brings cryptocurrency payments to over 7,500 Canadian merchants appeared first on The Block.
Since August 10, BTC has been squeezed in a narrow range of around $11,400 and so far it experiences difficulties with determining the further direction. The current price dynamics are taking place against the background of the decline in trading volumes: according to CMC, over the last 7 days they have fallen by 42%. This may indicate a temporary loss of interest of investors, who prefer to stay aside waiting for new impulses.
Despite being tipped to have a strong second half of 2019 following its third 'halving', Litecoin has struggled to maintain any positive momentum and has subsequently fallen in price by more than 18% since the block mining reward was slashed from 25 to 12.5 earlier this month. It's worth noting that leading up to the halving, Litecoin experienced five months of solid price action to the upside, rising by more than 350% as retail traders latched onto the hope that Litecoin would continue to rally after the halving. However, the reality is that the halving seems very much like a 'buy the rumour, sell the news' type of event, with seasoned traders taking profits weeks before the event took place.The post Litecoin continues to plummet following highly anticipated halving appeared first on Coin Rivet.
Swissquote Bank, an online banking service, has reported 14.3% drop in net profit in the first half of this year, due to a “significant” year-on-year decline in cryptocurrency trading business, among other factors.The post Swissquote Bank's H1 net profit falls due to ‘significant’ decline in crypto trading business appeared first on The Block.
Cryptocurrency wallet provider Abra has announced some major changes for its U.S. users due to “continued" regulatory uncertainty in the country.The post Crypto wallet Abra restricting US services due to regulatory uncertainty appeared first on The Block.
The Coinbase Bundle product has been deprecated, per an FAQ on the cryptocurrency exchange's site. All cryptocurrency balances that users obtained via Bundle purchases have been placed into the respective asset wallet in the Coinbase user's account.The post Coinbase has quietly shut down the Coinbase Bundle product appeared first on The Block.
Despite growing controversy over the crypto world’s latest big idea, some think Facebook's Libra might be a game-changer for the greater blockchain community.
Japanese cryptocurrency exchange Bitpoint has announced today that it has been hacked, losing about 3.5 billion yen ($32 million) in cryptocurrencies, including XRP.The post Japanese crypto exchange Bitpoint hacked, lost $32 million appeared first on The Block.
The government of Singapore is planning to end goods and services tax (GST) (or value-added tax (VAT) as known in some countries) on cryptocurrencies that function or are intended to function as a medium of exchange. The post Singapore government proposes to exempt value-added tax on cryptocurrencies appeared first on The Block.
Crypto enthusiast Ben Askren suffered a brutal knockout loss to Jorge Masvidal at UFC 239 last night. Well that sucked -- Ben Askren (@Benaskren) July 7, 2019 To quote MMA Junkie: "A flying knee sent Askren stiff to the canvas just five seconds after the start of the pay-per-view fight, which took place at T-Mobile Arena in Las Vegas. Masvidal landed two follow-up punches before referee Jason Herzog could intervene. Masvidal then mocked his fallen opponent." "Askren (19-1 MMA, 1-1 UFC) and Masvidal (34-13 MMA, 11-6 UFC) exchanged plenty of trash talk prior to the fight and even came close to physical confrontation outside the cage. Askren denied the bad blood got to him and hoped to leverage a win into aThe post 'Well, that sucked': Litecoin fan Ben Askren hits the deck appeared first on Coin Rivet.
New York-based payment start-up Flexa has added Litecoin as its fifth crypto payment option, meaning the popular digital asset is now accepted by all merchants on its payment network. Today, Flexa offers direct point-of-sale payments at more than 39,250 stores across the United States. Flexa said that this latest announcement is "delivering on cryptocurrency’s promise of secure, fast, and fraud-resistant payments that improve the status quo for merchants and consumers alike". ⚡️Litecoin is live on Flexa. https://t.co/gQsvKCtwFY pic.twitter.com/Aaf0YW34sM -- Flexa (@FlexaHQ) July 3, 2019 The firm said in a Medium post: "As one of the first (and highest volume) cryptocurrencies, Litecoin distinguishes itself with low transaction fees, fast confirmation times, and an active community of avid supporters and payments enthusiasts."The post Litecoin goes live on Flexa's network of 39,000 merchants appeared first on Coin Rivet.