|Day's Range||3,987.32 - 4,008.14|
|52 Week Range||3,271.7600 - 9,687.0879|
Bitcoin will smash the $10,000 mark by the end of the year, according to Arthur Hayes, Co-founder and CEO, BitMEX. In the BitMEX Crypto Trader Digest, dated 22nd March, he says: “The first quarter of 2019 witnessed depressed volumes, volatility, and price. The local lows of late 2018 have not been retested; however the market chop makes me feel like I’m at the Saudi embassy.” The repair of crypto investors’ balance sheets is not done yet, he adds. “Losses must be digested, and the unlucky masses must wage cuck a bit longer to get back in the game.” Green shoots will appear towards year end. “The mighty central bank printing presses paused for a while, but economic sophists could not resist The post Bitcoin set for strong gains in Q4 2019, says BitMEX boss appeared first on Coin Rivet.
Last week, tech magnate and crypto advocate John McAfee warned Bitcoin SV cheerleader Calvin Ayre that he was heading down a dark path, following a controversial series of tweets involving a pool party, Cuban women and twerking. Ayre chose to ignore the advice, opting instead to make light of said tweets and to dredge up unproven accusations against McAfee. To which the latter replied: “I’m giving you 12 hours to correct this lie publicly Calvin. If you do not I promise you that at the end of my libel suit everything you own will be mine”. And now Ayre has called McAfee a moron after SkyCoin severed ties with him for ‘irresponsible tweets’ about whales. hahaha….what a Moron this guy is:https://t.co/KolOGynQxs The post Calvin Ayre steps up war of words with John McAfee appeared first on Coin Rivet.
Crypto exchange ShapeShift boss Erik Voorhees took to Twitter this morning to hit out at Wall Street Journal (WSJ) reporter Paul Vigna. Mr @paulvigna your work on crypto may not age well. Might I suggest sticking to your better talent of authoring books on The Walking Dead… itself a fitting label for the banks and financial institutions sponsoring and patronizing the @wsj #factsmatter https://t.co/1VHLCxfvbC — Erik Voorhees (@ErikVoorhees) March 23, 2019 Last year, the newspaper ran an article entitled “How Dirty Money Disappears Into the Black Hole of Cryptocurrency.’ This claimed that ShapeShift had facilitated at least $9 million worth of money laundering over several years with “a parade of suspected criminals.” At ShapeShift’s request, CipherBlade carried out a review The post Your crypto work won’t age well, Erik Voorhees tells WSJ journo appeared first on Coin Rivet.
Bitcoin mining is one of the most popular points of attack from critics. Proof-of-Work is extremely energy inefficient, meaning that a lot of electricity is needed to keep Bitcoin running. Whilst this leads to complaints about modern-day issues such as global warming, there could be a positive aspect that might arise. Through solar power, Bitcoin mining can be cheaper and more environmentally friendly. Some of the cheapest energy sources currently available today are renewables. Solar power prices have dropped in recent years, and it makes perfect sense to begin using excess solar power to mine Bitcoin. Through this, the energy worries that arise from Bitcoin mining would diminish. On top of this, due to the cheaper nature of solar power, The post Bitcoin and the push towards renewable energy such as solar power appeared first on Coin Rivet.
Swiss online retailer Digitec-Galaxus is now accepting Bitcoin as a means of payment. Other altcoins that can be used include Bitcoin Cash (BCH), Bitcoin Cash SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), TRON (TRX), OmiseGo (OMG), and NEO (NEO). “Cryptocurrencies are fascinating and could become a relevant means of payment in e-commerce. We would like to support this development,” says Digitec Co-Founder Oliver Herren and Chief Innovation Officer. “We have wanted to do this for a long time, but it was too complicated until now.” The company insists that price volatility will not be a problem, as all transactions are processed by third-party payment processor Coinify and immediately converted to Swiss francs. The new option will only The post Cryptocurrencies are fascinating, says Digitec-Galaxus appeared first on Coin Rivet.
BTC/USD slips back below $4,000. The support at $3,900 is likely to stop the downside. Bitcoin (BTC) slipped below $4,000 once again, enable to develop bullish momentum. The first digital coin is changing ...
Ripple’s failure to sustain growth past $0.32 resulted in a trend reversal that broke past $0.31. XRP bulls are intentional in pushing the price above $0.32 hurdle. There is a semblance of calmness in ...
A majority of bitcoin trading volume is artificially created by unregulated exchanges, according to a Bitwise Asset Management report cited by The Wall Street Journal.The post Bitwise: Nearly 95% of reported bitcoin trading volume are artificially created by unregulated exchanges appeared first on The Block.
Today the price of Bitcoin is US$4,055.53; Ripple is US$0.314155; Ethereum is US$138.42; EOS is US$3.68; Litecoin is US$60.11. These are the Top 5 cryptocurrencies by market capitalisation. About the Top 5 cryptocurrencies The top 5 cryptocurrencies are the biggest and most significant cryptocurrencies and constitute the top half of The Top 10 Cryptocurrencies by market capitalisation. Bitcoin In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On The post The Top 5 cryptocurrencies latest price appeared first on Coin Rivet.
A group of Mt. Gox creditors has warned of a market risk to forks of bitcoin in a draft plan for the collapsed exchange's civil rehabilitation.
Enterprise blockchain – or ‘private blockchains’ – are on the rise. In fact, Deloitte’s 2018 global blockchain survey found 95% of companies across different industries were investing in blockchain tech projects. And while there is criticism across the spectrum – for and against enterprise blockchain as well as whether companies should even invest into it – almost every industry is making a concerted effort to weave it into its infrastructure. Financial industry With the birth of Bitcoin, the earliest form of cryptocurrency and an example of the first practical use-case for blockchain, it comes as no surprise that the financial industry is paving the way for blockchain innovation. Given the sheer volume of transactions that take place on a daily basis, The post A journey through enterprise blockchain appeared first on Coin Rivet.
With Bitcoin recently turning 10, there is a full decade of cryptocurrency quotes to catch up on if you are new to the space. Here is a select list of some of the most famous and what we can learn from them. “If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” – Satoshi Nakamoto This is an early quote from Satoshi Nakamoto to the Bitcoin doubters on the forums. Since those early days, a whole industry has been created around his invention. With hindsight, it is easy to say that perhaps people should have listened, but what was created was something entirely unique and therefore difficult for many to The post 10 famous cryptocurrency quotes and what we can learn from them appeared first on Coin Rivet.
Huobi Token (HT) is the latest native exchange cryptocurrency to flash more than 100 percent price growth year to date.
Time sometimes feels like it moves very slowly in the world of cryptocurrencies. When there is limited movement in the price of Bitcoin, people often begin to wonder whether enough is happening. We recently had a discussion on the Lightning Network for Coin Rivet TV, and one of my colleagues suggested that progress on the network is too slow. Whilst he does make a valid point, there is a reason for this slow development of Bitcoin. Bitcoin, in its 10-year life span, has worked almost flawlessly. People may argue that the fee market in 2017 suggests otherwise, but for most Bitcoiners, they are happy with where we are today. Other cryptocurrencies often see consistent new developments in order to keep The post The development of Bitcoin and the need for patience appeared first on Coin Rivet.
The crypto sector has an unhealthy obsession with day trading. One glance at the news sites dedicated to crypto that have sprung up in the past five years, or even the Facebook groups, highlights the fixation with the myriad reasons behind minute-to-minute price movements or, at the other end of the scale, simple HODLing and hoping. Currently, most retail investment in cryptocurrency is more akin to forex speculation based on a new asset class that is near impossible to price accurately, or gold and silver hoarders awaiting the end of the dollar standard. Too many crypto trading enthusiasts enter the market at its peak with no experience – other than reading price predictions of questionable crypto ‘expert’ blogs while exuding The post What the crypto world should know about traditional investors appeared first on Coin Rivet.
Bitcoin's 14-month bear market has ended up creating a similar price pattern to one that paved the way for a bull run in 2015.
Lightning Labs has announced the initial release of its new open source Lightning Network software called Lightning Loop. Per the announcement, the software provides a non-custodial way to receive funds on the Bitcoin (BTC) scalability solution the Lightning Network through an on-chain settlement with the “Loop Out” function. The Loop Out function attempts to solve a common issue which can affect Lightning Network users. For example, after having received a certain amount via the Lightning Network, users can sometimes not receive more until he or she moves the funds on-chain, which can now be done easily with the Loop Out feature. Loop! There it is!!! ⚡️🔁https://t.co/AzENRBxBxp — Olaoluwa Osuntokun (@roasbeef) March 21, 2019 Non-custodial Since the solution is non-custodial, the funds can be The post Can Lightning Loop help bring more customers to the Lightning Network? appeared first on Coin Rivet.
A lot of people chose to buy their Bitcoin due to their unhappiness with the current financial system. The 2008 Financial Crisis and the bailouts that followed led to many questions about how our financial system works and who benefits from it. Bitcoin’s rise at the same time offered an alternative. After 10 years though, the financial system still hasn’t collapsed or failed, but does it need to for Bitcoin to go hyper? Some economists (usually not of the mainstream) have said that we are still living in the bubble despite the 2008 pop. The issues and illegal acts that the major banks pursued were never rectified. Instead, the banks were simply bailed out. This has many people expecting that The post Pathways to adoption – avoiding a financial crisis appeared first on Coin Rivet.
Going into the fall of 2018, Bitcoin was still trading above $6,000 after having survived multiple attempts to dump the price below a market cap of $100 billion. This finally happened during the last two months of the year, but since the $3,100 low, we have seen the market rally, and Bitcoin keeps bumping into resistance at around $4,000. At the same time as the Bitcoin sell-off, the whole crypto-based economy took a huge hit in terms of valuations. From a total crypto market cap of over $200 billion, how many could have said the industry would shrink by half following a 60-day sell-off? The market found support in mid-December 2018 at that psychological $100 billion mark. Since that total market cap The post Bitcoin: ‘Every time you hit resistance, it becomes a little bit weaker’ appeared first on Coin Rivet.