|Day's Range||0.46 - 0.493|
|52 Week Range||0.2468 - 0.7830|
|Volume (24hr) All Currencies||1.53B|
Bitcoin soared past $11,000 for the first time in 15 months and is now up 170% for the year. Yahoo Finance's Dan Roberts, Myles Udland and Melody Hahm discuss.
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.
A bitcoin bull says the cryptocurrency is gearing up to blast past $10,000 and that could be good news for a crypto charity that's helping Venezuelans. Yahoo Finance's Zack Guzman & Heidi Chung, along with GiveCrypto.org Executive Director Joe Waltman discuss.
In May of 2019, there's been major volatility surrounding bitcoin. It is now priced in at the highest level in 12 months. Yahoo Finance talks to to Sean Keefe, the managing partner at Straight Up Capital to hear what's behind the trend.
Fundstrat Global Advisors Managing Partner Tom Lee joins Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozzi, and Andy Serwer to take a look into the likelihood of "massive risk-on rally" and a trade war-sparked recession.
Yahoo Finance talks to Andy Bromberg, CoinList co-founder and president, as U.S. Securities and Exchange Commission is expected to draw a conclusion on bitcoin ETF.
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.
Cryptocurrency asset manager Bitwise and Swiss fintech company Amun AG have launched a new exchange-traded product (ETP) on Switzerland’s top stock exchange SIX, and it promises to offer diversified liquid exposure to the nascent digital market. The post Bitwise, Amun launch a new crypto ETP on Swiss stock exchange appeared first on The Block.
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.
Cryptocurrency company Ripple today announced an investment of up to $50 million into money transfer company MoneyGram. Along with the investment, MoneyGram will agree to utilize XRP in its core money transfer business.The post Ripple agrees to invest up to $50 million in MoneyGram to accelerate XRP adoption appeared first on The Block.
Ripple's XRP token has once again tested the $0.44 level of resistance overnight, rallying 3% in the process. This marked the third test of this level in the past month, with price falling 25% on both previous rejections. The 200 exponential moving average (EMA) has acted as support on both moves to the downside, with price bouncing off that level twice. One key difference in today's rally has been the confluence of the 100 and 200 EMAs, which look close to completing a golden cross on the daily chart. This cross would indicate a switch in momentum to the upside, meaning that price could well break out of $0.44 and test the psychological $0.50 level of resistance. $XRP has probablyThe post XRP tests crucial $0.44 level of resistance as golden cross approaches appeared first on Coin Rivet.
It’s a mixed start to the day for the majors, with Litecoin among the crypto top 10 to sit in the red early on. Moves through the late morning will be key.
As much as $10 million in Ripple might have been stolen from Ripple Ledger wallets managed by service provider GateHub, The Next Web's Hard Fork writes.The post Hackers stole as much as $10M in Ripple in a GateHub hack appeared first on The Block.
The Siam Commercial Bank (SCB), Thailand’s largest commercial bank, tweeted yesterday that it was planning to utilize XRP shortly. In a now-deleted tweet, SCB claimed that the “XRP system will be announced soon."In a new tweet that was posted today, SCB said: "We are so sorry for the previous information of the previous post.The post Thailand’s largest commercial bank reverses its statement that it would use XRP "soon" appeared first on The Block.
Ripple is taking steps to improve the accuracy of XRP's volume and sales data, per a company blog post this week.The post Ripple seeks to improve accuracy of XRP volume and sales data, states Q2 sales of XRP will be far below Q1 as % of volume appeared first on The Block.
As market uncertainty rises after China issues warning of retaliation, investors may see gold as a safe-haven.
As part of our Knowing the developers series, we are going to to take a look at Rippled, the client responsible for ripple, the third-largest cryptocurrency by market cap.The post Knowing the developers: an analysis of Rippled appeared first on The Block.
It’s a mixed start to the day for the majors. An afternoon rally allowed the majors to avoid yet another day in the red. More support is needed, however.
When Ripple supply schedule and escrow system were taken under a microscope by Coin Metrics, they noticed discrepancies between on-chain data and Ripple’s public reports.The post Ripple’s quarterly reports understated XRP released from escrow by $84 million appeared first on The Block.
The bears are fighting back. Is this profit taking or is the market in for a full reversal? Keeping an eye on the support levels will be key.