|Day's Range||170.66 - 177.55|
|52 Week Range||82.05 - 834.30|
|Volume (24hr) All Currencies||1.77B|
New York crypto lending firm BlockFi has announced a slew of updates that will come into effect at the start of May, including a reduction of its bitcoin deposit minimum from 1 BTC to .5 BTC and the ability to service clients in India, according to a new blog post.The post BlockFi reduces bitcoin deposit minimums; announces expansion into India as crypto deposits swell above $50 million appeared first on The Block.
It’s back into the red for the majors after an afternoon recovery on Monday. Investor resilience could be tested today…
The number of cross-border transactions recorded on the blockchain will hit 1.3 billion by 2023, a CAGR of 82% over the next four years, according to Juniper Research. The value of these transactions will reach an unprecedented $3.4 trillion, a CAGR of 87% over the next five years. Juniper’s new research, Blockchain for Financial Services: Opportunities, Challenges & Forecasts 2019-2030, argues that blockchain will become critical for financial institutions aiming to improve their bottomline. It anticipates that banks stand to save close to $27 billion a year by 2030 through blockchain implementation. Leading FS vendors Juniper assessed 19 blockchain vendors, scoring their level of agility, presence and innovation, the complexity of their blockchain solutions and prospects in the field. It ranked The post Blockchain cross-border transactions space set for unprecedented growth appeared first on Coin Rivet.
It’s a mixed start to the day for the majors. A move through key levels would be needed to avoid a sell-off later in the day.
Fresh off Binance's announcement it had successfully deployed the genesis block of Binance Chain earlier today, CEO Changpeng "CZ" Zhao announced Mithril (MITH) will be the first project to migrate tokens onto the exchange's new native chain.The post MITH soars after Mithril announces it will be the first project on Binance Chain appeared first on The Block.
Since my analysis last week, Ethereum has declined below its 200-day EMA. After a weekend dip across the cryptocurrency markets, the only coin that seemed to recover was Bitcoin Cash (potentially due to Binance delisting BSV, which seems to have turned investors to BCH). At the moment, ETH is trading at around $166 after dropping away from the 200-day EMA and closer to its 50-day EMA. Daily trading volume is now higher than $10 billion, which is still quite bullish compared to yearly lows. Ethereum’s market cap stands at around $13 billion, making it the second-largest cryptocurrency in terms of market cap. Currently, Ethereum is moving parallel to the market, and unless there is a sudden decline in volume, I The post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.
It’s back into the red for DASH. A hold onto $119 levels will be key to avoiding a pullback to $117 levels later in the day.
Bitcoin decreased by almost 2% in the last 24 hours and is trading at around $5100. The benchmark cryptocurrency attempted to break through $5200, but again faced sales pressure, and as the price dropped, trading volumes grew.
Bitcoin Cash ABC looks set for another rally, providing much-needed support to the broader market. Bitcoin will need to hold on though…
Bitcoin Cash ABC is the early mover, while Litecoin sees red. It could be a choppy day ahead if the majors fail to breakout from current levels.
It’s been a bad week for the majors, but it could have been far worse. Bitcoin’s recovery and hold onto $5,000 levels remains pivotal for the broader market.
It’s a better start to the day than Friday. Holding above key levels through the morning would be key to avoiding a sell-off later in the day.
Altcoins, as always, demonstrate the complete absence of their own path, duplicating the waves of negative or positive of the first cryptocurrency. Top 10 altcoins in the moment lose 4% -7%.
It’s another bearish start to the day. Following yesterday’s sell-off, the market could go into free-fall should support fail to kick in by lunchtime.
It’s red across the board, with Wednesday’s late pullback spilling over to the early hours. Things could get dicey if there’s no partial recovery this morning.
The startup investing space is generally a gated community closely guarded by network effects and accredited investor laws. Flux intends to change that.The post Flux wants to let you bet on the success or failure of startups appeared first on The Block.
The DAI stablecoin lost its $1 peg and is currently trading closer to 96 cents as the decentralised and Ethereum-backed project looks to grow in the wild markets of high volatility and ever-changing supply and demand. The DAI and MKR project is tipped to become the stablecoin of choice for ETH HODLers due to its ‘on-chain’ governance decided by holders of the MKR token. However, that governance has been going through some troubles recently, as over the last few months MKR holders have been voting on a series of proposals to raise the stability fees of DAI from 0.5% all the way up to 7.5%. Stability fees are charged when a user uses the MakerDAO platform to create DAI stablecoins by locking Ethereum The post DAI stablecoin drops to 96 cents as support is announced for prediction market Augur appeared first on Coin Rivet.
It’s back in the green for the majors, but a recovery of the current week’s losses will be needed ahead of the weekend to sustain the upward momentum.
Decentralised prediction market platform Augur announced an upgrade yesterday in a blog post. The rollout deals with a number of bugs and exploits from v1. The post Augur v2 introduces new features appeared first on The Block.
The weekend did not help Bitcoin to break above $5,300: a level that, according to technical analysis, became the threshold for further growth towards $6,000.
DASH joins the crypto majors in the red in the early hours. Failure to move through to $136.11 levels could lead to heavy losses on the day.